Equity Residential (LTS:0IIB) Enterprise Value: $34,600 Mil (As of Jun. 28, 2026) ***


LTS:0IIB Equity Residential LTS:0IIB
75 GF Score
Price $67.73
GF Value $69.44
Valuation Fairly Valued
! 6 Warning Signs
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What is Equity Residential Enterprise Value?

Equity Residential LTS:0IIB +1.00% 75 Enterprise Value is $34,600 Mil as of Jun. 28, 2026. GuruFocus rates LTS:0IIB with a GF Score™ of 75/100 and a GF Value™ of $69.44 (Fairly Valued). The stock has 6 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Equity Residential's Enterprise Value is $34,600 Mil. Equity Residential's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,308 Mil. Therefore, Equity Residential's EV-to-EBIT ratio for today is 26.44.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Equity Residential's Enterprise Value is $34,600 Mil. Equity Residential's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $2,322 Mil. Therefore, Equity Residential's EV-to-EBITDA ratio for today is 14.90.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Equity Residential's Enterprise Value is $34,600 Mil. Equity Residential's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $3,113 Mil. Therefore, Equity Residential's EV-to-Revenue ratio for today is 11.11.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Equity Residential's Enterprise Value is $34,600 Mil. Equity Residential's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $1,624 Mil. Therefore, Equity Residential's EV-to-OCF ratio for today is 21.31.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Equity Residential's Enterprise Value is $34,600 Mil. Equity Residential's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,266 Mil. Therefore, Equity Residential's EV-to-FCF ratio for today is 27.34.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Equity Residential  (LTS:0IIB) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Equity Residential's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=34599.583/1308.45
=26.44

Equity Residential's current Enterprise Value is $34,600 Mil.
Equity Residential's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,308 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Equity Residential's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=34599.583/2322.437
=14.90

Equity Residential's current Enterprise Value is $34,600 Mil.
Equity Residential's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,322 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Equity Residential's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=34599.583/3112.995
=11.11

Equity Residential's current Enterprise Value is $34,600 Mil.
Equity Residential's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,113 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Equity Residential's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=34599.583/1623.753
=21.31

Equity Residential's current Enterprise Value is $34,600 Mil.
Equity Residential's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,624 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Equity Residential's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=34599.583/1265.61
=27.34

Equity Residential's current Enterprise Value is $34,600 Mil.
Equity Residential's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,266 Mil.

* 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.


Equity Residential Enterprise Value Related Terms


Equity Residential Enterprise Value Historical Data

* Premium members only.

The historical data trend for Equity Residential's Enterprise Value 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.

Equity Residential Enterprise Value Chart

Equity Residential Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43,411.35 30,614.39 31,507.57 36,099.77 32,708.48

Equity Residential Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35,976.91 34,656.37 33,516.96 32,708.48 31,060.11

LTS:0IIB vs AVB, ESS, INVH: Enterprise Value Comparison

For the REIT - Residential subindustry, Equity Residential's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs REITs Industry

For the REITs industry and Real Estate sector, Equity Residential's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Equity Residential's Enterprise Value falls into.


LTS:0IIB
75GF Score
Equity Residential LTS:0IIB
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Equity Residential Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Equity Residential's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Equity Residential's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of $34,600 Mil mean?
Equity Residential (LTS:0IIB) has a Enterprise Value of $34,600 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Equity Residential and its competitors.
Is Equity Residential's Enterprise Value too high?
Equity Residential's current Enterprise Value is $34,600 Mil. Overall, Equity Residential has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Equity Residential's Enterprise Value compare to AVB and ESS?
Equity Residential's Enterprise Value of $34,600 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a REITs company?
A good Enterprise Value depends on the REITs industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Equity Residential and its competitors. Equity Residential's current Enterprise Value is $34,600 Mil. 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 $69.44, compared to a current price of $67.73 — trading 2.5% below its estimated fair value. The current Enterprise Value is $34,600 Mil. Equity Residential's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Equity Residential (LTS:0IIB), the current Enterprise Value is $34,600 Mil as of Jun. 28, 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 $67.73 is trading 2.5% below its estimated GF Value™ of $69.44. GuruFocus considers Equity Residential to be Fairly Valued.

Key valuation signals for LTS:0IIB:

  • Enterprise Value: $34,600 Mil
  • GF Value™: $69.44 vs. price of $67.73 (2.5% below fair value)
  • GF Score™: 75/100 with 6 warning signs

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 Business Description

Industry Real EstateREITs
Address Two North Riverside Plaza, Chicago, IL, USA, 60606
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.
75GF Score

Get the complete analysis for LTS:0IIB

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$67.73
Price
$69.44
GF Value