Equity Commonwealth is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC’s same property portfolio is comprised of 4 properties and 1.5 million square feet.

Company profile
Ticker
EQC, EQC-PD
Exchange
Website
CEO
David Helfand
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CommonWealth REIT, HEALTH & REHABILITATION PROPERTIES TRUST, HEALTH & RETIREMENT PROPERTIES TRUST, HRPT PROPERTIES TRUST
SEC CIK
Corporate docs
Subsidiaries
EQC 600 West Chicago Property LLC • EQC Capitol Tower Property LLC • EQC Herald Square Property LLC • EQC Securities LLC • EQC TRS, Inc. • Equity Commonwealth LLC • Equity Commonwealth Management LLC ...
IRS number
46558834
EQC stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
19 May 23
8-K
Equity Commonwealth Announces the Death of Sam Zell, Our Chairman
19 May 23
10-Q
2023 Q1
Quarterly report
4 May 23
8-K
Equity Commonwealth Reports First Quarter 2023 Results
3 May 23
ARS
2022 FY
Annual report to shareholders
25 Apr 23
DEFA14A
Additional proxy soliciting materials
25 Apr 23
DEF 14A
Definitive proxy
25 Apr 23
8-K
Regulation FD Disclosure
23 Feb 23
10-K
2022 FY
Annual report
9 Feb 23
8-K
Equity Commonwealth Reports Fourth Quarter and Full Year 2022 Results
8 Feb 23
Transcripts
EQC
Earnings call transcript
2022 Q3
26 Oct 22
EQC
Earnings call transcript
2022 Q2
2 Aug 22
EQC
Earnings call transcript
2022 Q1
7 May 22
EQC
Earnings call transcript
2021 Q4
10 Feb 22
EQC
Earnings call transcript
2021 Q3
28 Oct 21
EQC
Earnings call transcript
2021 Q2
1 Aug 21
EQC
Earnings call transcript
2021 Q1
9 May 21
EQC
Earnings call transcript
2020 Q4
11 Feb 21
EQC
Earnings call transcript
2020 Q3
1 Nov 20
EQC
Earnings call transcript
2020 Q2
2 Aug 20
Latest ownership filings
SC 13G/A
BlackRock Inc.
8 Mar 23
SC 13G
ARIEL INVESTMENTS, LLC
14 Feb 23
SC 13G/A
INFRASTRUCTURE CAPITAL ADVISORS, LLC
14 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
4
DAVID HELFAND
8 Feb 23
4
SAMUEL ZELL
8 Feb 23
4
Orrin S Shifrin
8 Feb 23
4
William H Griffiths
8 Feb 23
4
David S Weinberg
8 Feb 23
4
Andrew Levy
8 Feb 23
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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Operating income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.13 bn | 2.13 bn | 2.13 bn | 2.13 bn | 2.13 bn | 2.13 bn |
Cash burn (monthly) | 151.18 mm | 49.44 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 339.06 mm | 110.88 mm | n/a | n/a | n/a | n/a |
Cash remaining | 1.79 bn | 2.02 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 11.8 | 40.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
0.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 8 |
Opened positions | 5 |
Closed positions | 255 |
Increased positions | 1 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 987.23 mm |
Total shares | 123.34 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Uniplan Investment Counsel | 83.90 k | $2.10 mm |
Aurora Investment Counsel | 34.75 k | $868.42 mm |
Sageworth Trust | 1.70 k | $42.48 mm |
Evermay Wealth Management | 1.39 k | $34.61 mm |
Parallel Advisors | 714.00 | $17.84 mm |
JPM JPMorgan Chase & Co. | 500.00 | $12.00 mm |
Kozak & Associates | 300.00 | $7.50 mm |
Huntington National Bank | 91.00 | $2.27 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
7 Feb 23 | Andrew Levy | Common Shares of Beneficial Interest | Payment of exercise | Dispose F | No | No | 25.3 | 225 | 5.69 k | 3,244 |
7 Feb 23 | Andrew Levy | Common Shares of Beneficial Interest | Grant | Acquire A | No | No | 0 | 307 | 0.00 | 3,469 |
7 Feb 23 | Andrew Levy | Common Shares of Beneficial Interest | Option exercise | Acquire M | No | No | 0 | 152 | 0.00 | 3,162 |
7 Feb 23 | Andrew Levy | Restricted Share Units Common Shares of Beneficial Interest | Grant | Acquire A | No | No | 0 | 307 | 0.00 | 307 |
7 Feb 23 | Andrew Levy | Restricted Share Units Common Shares of Beneficial Interest | Option exercise | Dispose M | No | No | 0 | 152 | 0.00 | 0 |
7 Feb 23 | William H Griffiths | Common Shares of Beneficial Interest | Payment of exercise | Dispose F | Yes | No | 25.3 | 3,767 | 95.31 k | 68,534 |
7 Feb 23 | William H Griffiths | Common Shares of Beneficial Interest | Grant | Acquire A | Yes | No | 0 | 4,441 | 0.00 | 72,301 |
7 Feb 23 | William H Griffiths | Common Shares of Beneficial Interest | Option exercise | Acquire M | Yes | No | 0 | 2,202 | 0.00 | 67,860 |
7 Feb 23 | William H Griffiths | Restricted Share Units Common Shares of Beneficial Interest | Grant | Acquire A | Yes | No | 0 | 4,441 | 0.00 | 4,441 |
7 Feb 23 | William H Griffiths | Restricted Share Units Common Shares of Beneficial Interest | Option exercise | Dispose M | Yes | No | 0 | 2,202 | 0.00 | 0 |
Press releases
Equity Commonwealth Announces David Helfand as Chair of the Board of Trustees
19 May 23
Equity Commonwealth Announces the Death of Sam Zell, Our Chairman
18 May 23
Equity Commonwealth Reports First Quarter 2023 Results
3 May 23
Equity Commonwealth Declares Series D Preferred Dividend
13 Apr 23
Equity Commonwealth Announces First Quarter 2023 Earnings Conference Call
4 Apr 23