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Equity Residential (Equity Residential) Earnings per Share (Diluted)

: $2.20 (TTM As of Dec. 2023)
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Equity Residential's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.82. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.20.

Equity Residential's EPS (Basic) for the three months ended in Dec. 2023 was $0.82. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.20.

Equity Residential's EPS without NRI for the three months ended in Dec. 2023 was $-0.23. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $0.96.

During the past 12 months, Equity Residential's average EPS without NRIGrowth Rate was 16.70% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 16.30% per year. During the past 5 years, the average EPS without NRI Growth Rate was 0.10% per year.

During the past 13 years, Equity Residential's highest 3-Year average EPS without NRI Growth Rate was 59.40% per year. The lowest was -42.00% per year. And the median was -5.40% per year.


Equity Residential Earnings per Share (Diluted) Historical Data

The historical data trend for Equity Residential's Earnings per Share (Diluted) 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.

* Premium members only.

Equity Residential Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings per Share (Diluted)
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.60 2.45 3.54 2.05 2.20

Equity Residential Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Earnings per Share (Diluted) 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 Premium Member Only Premium Member Only Premium Member Only 0.42 0.56 0.37 0.45 0.82

Competitive Comparison

For the REIT - Residential subindustry, Equity Residential's PE Ratio, along with its competitors' market caps and PE Ratio 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 PE Ratio Distribution

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

* The bar in red indicates where Equity Residential's PE Ratio falls into.



Equity Residential Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Equity Residential's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(835.438-3.09)/390.897
=2.13

Equity Residential's Earnings Per Share (Diluted) for the quarter that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (Q: Dec. 2023 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(311.692-0.772)/390.183
=0.80

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.20

* 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.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.


Equity Residential  (NYSE:EQR) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Equity Residential Earnings per Share (Diluted) Related Terms

Thank you for viewing the detailed overview of Equity Residential's Earnings per Share (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


Equity Residential (Equity Residential) Business Description

Industry
Traded in Other Exchanges
Address
Two North Riverside Plaza, Chicago, IL, USA, 60606
Equity Residential owns a portfolio of 304 apartment communities with around 80,000 units and is developing two additional properties with 537 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.
Executives
David J Neithercut director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Michael L Manelis officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Mark S Shapiro director C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147
Mary Kay Haben director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Catherine Carraway officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 500, CHICAGO IL 60606
Alexander Brackenridge officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Ian Kaufman officer: Chief Accounting Officer C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Scott Fenster officer: EVP & General Counsel TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Robert Garechana officer: EVP & Chief Financial Officer TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Christa L Sorenson officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Linda Bynoe director 980 N. MICHIGAN AVE, SUITE 1400, CHICAGO IL 60611
Angela M Aman director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Raymond Bennett director TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Stephen E Sterrett director 115 W WASHINGTON ST, INDIANAPOLIS IN 46204
Bradley A Keywell director

Equity Residential (Equity Residential) Headlines

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