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Equity ResidentialLTS:0IIB -0.25%74 Debt-to-EBITDA is 5.14 as of Mar. 2026, which is 34% above its 10-year median of 3.83. GuruFocus rates LTS:0IIB with a GF Score™ of 74/100 and a GF Value™ of $70.47 (Fairly Valued). The stock has 6 warning signs investors should review. Among 578 REITs companies, Equity Residential ranks better than 77.85% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Equity Residential's Debt-to-EBITDA or its related term are showing as below:
LTS:0IIB'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.59 Med: 3.83 Max: 5.14
Current: 3.82
During the past 13 years, the highest Debt-to-EBITDA Ratio of Equity Residential was 5.14. The lowest was 1.59. And the median was 3.83.
LTS:0IIB's Debt-to-EBITDA is ranked better than 77.85% of 578
companies
in the REITs industry
Industry Median: 6.51
vs LTS:0IIB: 3.82
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Equity Residential Debt-to-EBITDA Related Terms
Equity Residential Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Equity Residential's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LTS:0IIB vs AVB, ESS, INVH: Debt-to-EBITDA Comparison
For the REIT - Residential subindustry, Equity Residential's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Equity Residential Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Equity Residential's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Equity Residential's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Equity Residential (LTS:0IIB) has a Debt-to-EBITDA of 5.14 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Equity Residential. This is 34% above median its historical median of 3.83. Over the past decade, Equity Residential's Debt-to-EBITDA has ranged from 1.59 to 5.14. According to the industry distribution chart, Equity Residential ranks #128 out of 578 companies in the REITs industry, placing it in the top 22.1%.
Is Equity Residential's Debt-to-EBITDA too high?
Equity Residential's current Debt-to-EBITDA of 5.14 is 34% above median its 10-year median of 3.83. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 5.14. The REITs industry median Debt-to-EBITDA is 6.51. Equity Residential's value of 5.14 is 21% below this industry median. Based on the distribution chart, Equity Residential ranks #128 out of 578 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Equity Residential has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Equity Residential's Debt-to-EBITDA compare to AVB and ESS?
According to the REITs industry distribution chart, Equity Residential ranks #128 out of 578 companies for Debt-to-EBITDA. This places Equity Residential in the top 22% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 6.51. Equity Residential's value of 5.14 is 21% below this benchmark. Historically, Equity Residential's own Debt-to-EBITDA has ranged from 1.59 to 5.14 over the past decade. While the company's 10-year median is 3.83 vs. the industry median of 6.51, Equity Residential has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a REITs company?
The median Debt-to-EBITDA among REITs companies is 6.51, based on 578 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Equity Residential's current Debt-to-EBITDA of 5.14 is 21% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Equity Residential. For the REITs industry, the median Debt-to-EBITDA is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equity Residential's current Debt-to-EBITDA is 5.14, which is 34% above median its own 10-year median of 3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equity Residential stock overvalued right now?
Based on GuruFocus' analysis, Equity Residential (LTS:0IIB) is currently considered Fairly Valued. The stock's GF Value™ is $70.47, compared to a current price of $68.07 — trading 3.4% below its estimated fair value. The current Debt-to-EBITDA is 5.14, which is 34% above median its 10-year median of 3.83 and 21% below the REITs industry median of 6.51. Equity Residential's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Equity Residential (LTS:0IIB), the current Debt-to-EBITDA is 5.14 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Equity Residential (LTS:0IIB) Overvalued in 2026?
Based on GuruFocus' analysis, Equity Residential stock appears to be undervalued.
The current stock price of $68.07 is trading 3.4% below its estimated GF Value™ of $70.47.
GuruFocus considers Equity Residential to be Fairly Valued.
Key valuation signals for LTS:0IIB:
Debt-to-EBITDA: 5.14 (34% above median its 10-year median of 3.83)
GF Value™: $70.47 vs. price of $68.07 (3.4% below fair value)
Industry Position: 21% below the REITs median (#128 of 578)
No single metric tells the full story. See the LTS:0IIB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Equity Residential owns a portfolio of 312 apartment communities with over 85,000 units and is developing two additional properties with 665 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.
74GF Score
Get the complete analysis for LTS:0IIB
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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