Equity Residential operates as a real estate investment trust. It engages in the acquisition, development, and management of rental apartment properties, which includes the generation of rental and other related income through the leasing of apartment units to residents. The company was founded by Robert H. Lurie and Sam Zell in March 1993 and is headquartered in Chicago, IL.
Company profile
Website
CEO
Mark J. Parrell
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
1145 Acquisition, L.L.C. • 303 Third SPE LLC • 303 Third Street Developer LLC • 303 Third Street Venture I LLC • 303 Third Venture I SPE LLC • 777 Sixth Avenue Owner LLC • Alban Towers LLC • ANE Associates, L.L.C. • API Town Center III (Borrower) GP LLC • API Town Center III (Borrower) LP ...
Latest filings (excl ownership)
10-Q
2023 Q2
Quarterly report
2 Aug 23
8-K
Other Events
18 May 23
10-Q
2023 Q1
Quarterly report
28 Apr 23
8-K
Unregistered Sales of Equity Securities
19 Apr 23
ARS
2022 FY
Annual report to shareholders
18 Apr 23
10-K
2022 FY
Annual report
16 Feb 23
10-Q
2022 Q3
Quarterly report
28 Oct 22
8-K
Entry into a Material Definitive Agreement
27 Oct 22
10-Q
2022 Q2
Quarterly report
29 Jul 22
8-K
Entry into a Material Definitive Agreement
18 May 22
Transcripts
Earnings call transcript
2022 Q3
26 Oct 22
Earnings call transcript
2022 Q2
27 Jul 22
Earnings call transcript
2022 Q1
27 Apr 22
Earnings call transcript
2021 Q3
28 Oct 21
Earnings call transcript
2021 Q1
28 Apr 21
Earnings call transcript
2020 Q4
12 Feb 21
Earnings call transcript
2020 Q3
28 Oct 20
Latest ownership filings
No filings
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| 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) | 124.64 mm | 124.64 mm | 124.64 mm | 124.64 mm | 124.64 mm | 124.64 mm |
| Cash burn (monthly) | 31.48 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 99.84 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 24.80 mm | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 0.8 | n/a | n/a | n/a | n/a | n/a |