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Equity Residential (EQR)
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Equity Residential (EQR) Operating Margin: 28.50%

Is Equity Residential’s operating margin high or low?

Equity Residential's operating margin of 28.50% is 50% below its 5-year average of 56.70%, near the low end of its 5-year range (28.50%–68.01%).

As of Wednesday, June 24, 2026. 41.56% below its 12-month average of 48.77%.

EQR Operating Margin

EQR Operating Margin Chart

36.33%

Reported annual fiscal-period values; no daily interpolation.

-1.20% 10Y
EQR Operating Margin

EQR Average Operating Margin Chart

EQR Operating Margin

EQR Current vs Average Operating Margin Chart

EQR Operating Margin Metrics

OPERATING MARGIN

28.50%

OPERATING MARGIN AVG TTM

48.77%

OPERATING MARGIN AVG 3Y

55.23%

OPERATING MARGIN AVG 5Y

56.70%

OPERATING MARGIN AVG 10Y

49.67%

OPERATING MARGIN AVG 15Y

45.18%

OPERATING MARGIN AVG 20Y

31.38%

CURRENT VS TTM AVG

-41.56%

CURRENT VS 3Y AVG

-48.40%

CURRENT VS 5Y AVG

-49.73%

CURRENT VS 10Y AVG

-42.62%

CURRENT VS 15Y AVG

-36.92%

CURRENT VS 20Y AVG

-9.16%

EQR Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Equity Residential (EQR)$24.81B28.50%48.77%55.23%56.70%
AvalonBay Communities, Inc. (AVB)vs ›$25.85B29.15%30.75%30.95%30.23%
VICI Properties Inc. (VICI)vs ›$28.66B98.67%91.57%84.63%84.79%
SBA Communications Corporation (SBAC)vs ›$19.73B47.63%51.13%42.86%39.29%
Extra Space Storage Inc. (EXR)vs ›$30.81B43.25%41.87%45.48%48.48%
Essex Property Trust, Inc. (ESS)vs ›$18.10B38.38%41.75%38.88%37.53%
Kimco Realty Corporation (KIM)vs ›$17.07B36.08%33.02%33.65%32.85%
Host Hotels & Resorts, Inc. (HST)vs ›$16.83B14.31%14.49%15.09%-1.19%
Mid-America Apartment Communities, Inc. (MAA)vs ›$15.58B27.43%29.00%30.30%28.80%
Regency Centers Corporation (REG)vs ›$14.62B47.19%50.73%58.00%60.23%

Operating Efficiency

Gross Margin

46.3%

Operating Margin

28.5%

Equity Residential Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Equity Residential Operating Margin FAQ

What is the operating margin for Equity Residential (EQR)?
The operating margin for EQR stock is 28.50%.
Is Equity Residential's operating margin high or low?
Equity Residential's operating margin of 28.50% is 50% below its 5-year average of 56.70%, near the low end of its 5-year range (28.50%–68.01%).
What is the TTM average operating margin for Equity Residential (EQR)?
The TTM average operating margin for EQR stock is 48.77%.
What is the 3Y average operating margin for Equity Residential (EQR)?
The 3Y average operating margin for EQR stock is 55.23%.
What is the 5Y average operating margin for Equity Residential (EQR)?
The 5Y average operating margin for EQR stock is 56.70%.
What is the 10Y average operating margin for Equity Residential (EQR)?
The 10Y average operating margin for EQR stock is 49.67%.
What is the 15Y average operating margin for Equity Residential (EQR)?
The 15Y average operating margin for EQR stock is 45.18%.
What is the 20Y average operating margin for Equity Residential (EQR)?
The 20Y average operating margin for EQR stock is 31.38%.

Equity Residential Operating Margin History

DATEOPERATING MARGIN
2025-12-3136.33%
2024-12-3161.20%
2023-12-3161.47%
2022-12-3161.93%
2021-12-3168.01%
2020-12-3151.25%
2019-12-3150.22%
2018-12-3143.24%
2017-12-3140.65%
2016-12-3135.29%
2015-12-3136.77%
2014-12-3135.25%
2013-12-3121.46%
2012-12-3129.42%
2011-12-310.00%
2010-12-310.77%
2009-12-313.03%
2008-12-316.64%
2007-12-314.17%
2006-12-315.57%
2005-12-316.21%
2004-12-319.77%
2003-12-3131.13%
2002-12-3133.71%
2001-12-3165.05%
2000-12-3137.88%
1999-12-3144.52%
1998-12-3137.71%
1997-12-3140.12%
1996-12-3138.18%

About Equity Residential

Equity Residential is committed to cultivating vibrant living environments where residents can flourish. This S&P 500 firm specializes in the acquisition, development, and ongoing management of rental properties, strategically located within or near thriving metropolitan areas that attract desirable, long-term tenants. The company's substantial portfolio includes ownership or investment in 305 properties, comprising a total of 78,568 apartment units, situated in key markets such as Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California, and Denver.

Chicago, IL
2,500 employees
Real Estate / REIT - Residential
Sector
Real Estate
Industry
REIT - Residential
CEO
Mark J. Parrell