$EQR
EQUITY RESIDENTIAL

2022 Q3 Form 10-Q Financial Statement

#000156459022027109 Filed on July 29, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q4
Revenue $695.1M $687.0M $645.1M
YoY Change 11.54% 14.88% 5.17%
Cost Of Revenue $250.1M $244.8M $235.4M
YoY Change 5.48% 6.6% 5.32%
Gross Profit $445.0M $442.3M $409.7M
YoY Change 15.26% 20.03% 5.09%
Gross Profit Margin 64.01% 64.37% 63.51%
Selling, General & Admin $13.37M $16.42M $13.40M
YoY Change 2.54% 11.89% 20.76%
% of Gross Profit 3.01% 3.71% 3.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $214.1M $223.8M $222.2M
YoY Change -0.59% 11.53% 10.13%
% of Gross Profit 48.12% 50.6% 54.24%
Operating Expenses $227.5M $240.2M $235.6M
YoY Change -0.41% 11.55% 10.68%
Operating Profit $414.0M $309.9M $174.1M
YoY Change 162.65% -17.76% -1.64%
Interest Expense -$73.91M -$73.42M -$71.93M
YoY Change 6.62% 63.3% -38.78%
% of Operating Profit -17.85% -23.69% -41.32%
Other Income/Expense, Net -$3.755M -$2.380M -$8.367M
YoY Change 8.65% -28.79% -9.05%
Pretax Income $336.3M $234.1M $561.6M
YoY Change -25.05% -28.73% 112.56%
Income Tax $152.0K $291.0K $236.0K
% Of Pretax Income 0.05% 0.12% 0.04%
Net Earnings $323.0M $224.1M $527.0M
YoY Change -25.22% -29.17% 108.37%
Net Earnings / Revenue 46.47% 32.62% 81.68%
Basic Earnings Per Share $0.86 $0.59
Diluted Earnings Per Share $0.86 $0.59 $1.353M
COMMON SHARES
Basic Shares Outstanding 376.1M 375.8M
Diluted Shares Outstanding 389.3M 389.4M

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $44.79M $45.01M $123.8M
YoY Change 12.8% 13.97% 187.98%
Cash & Equivalents $44.79M $45.01M $123.8M
Short-Term Investments $0.00
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $44.79M $45.01M $123.8M
YoY Change 12.8% 13.97% 187.98%
LONG-TERM ASSETS
Property, Plant & Equipment $19.63B $20.03B $20.39B
YoY Change -2.23% 1.56% 2.77%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $256.3M $169.3M $127.4M
YoY Change 222.69% 217.2% 141.46%
Other Assets $76.68M $73.64M $236.4M
YoY Change -59.0% -79.14% 314.74%
Total Long-Term Assets $20.22B $20.53B $21.05B
YoY Change -1.95% 0.51% 3.96%
TOTAL ASSETS
Total Short-Term Assets $44.79M $45.01M $123.8M
Total Long-Term Assets $20.22B $20.53B $21.05B
Total Assets $20.27B $20.57B $21.17B
YoY Change -1.92% 0.54% 4.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $175.8M $119.4M $107.0M
YoY Change 5.6% 4.47% 0.01%
Accrued Expenses $359.2M $379.6M $381.8M
YoY Change -2.96% -0.17% 2.65%
Deferred Revenue
YoY Change
Short-Term Debt $189.6M $184.9M $315.0M
YoY Change 531.86% -70.73% -24.09%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.037B $996.2M $1.104B
YoY Change 19.89% -29.92% -7.03%
LONG-TERM LIABILITIES
Long-Term Debt $7.309B $7.783B $8.026B
YoY Change -9.93% 2.15% 4.88%
Other Long-Term Liabilities $288.0M $292.2M $353.1M
YoY Change -17.77% -14.51% 2.35%
Total Long-Term Liabilities $7.597B $8.075B $8.380B
YoY Change -10.26% 1.44% 4.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.037B $996.2M $1.104B
Total Long-Term Liabilities $7.597B $8.075B $8.380B
Total Liabilities $8.633B $9.071B $9.483B
YoY Change -13.67% -9.56% 3.25%
SHAREHOLDERS EQUITY
Retained Earnings $1.737B $1.650B $1.827B
YoY Change 30.53%
Common Stock $3.762M $3.761M $3.755M
YoY Change 0.86%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.04B $10.89B $10.95B
YoY Change
Total Liabilities & Shareholders Equity $20.27B $20.57B $21.17B
YoY Change -1.92% 0.54% 4.35%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q4
OPERATING ACTIVITIES
Net Income $323.0M $224.1M $527.0M
YoY Change -25.22% -29.17% 108.37%
Depreciation, Depletion And Amortization $214.1M $223.8M $222.2M
YoY Change -0.59% 11.53% 10.13%
Cash From Operating Activities $429.4M $322.8M $282.0M
YoY Change 6.78% 40.34% 21.96%
INVESTING ACTIVITIES
Capital Expenditures -$86.05M -$79.27M -$767.2M
YoY Change -89.63% -79.15% 554.59%
Acquisitions
YoY Change
Other Investing Activities $374.7M $231.0M $642.2M
YoY Change -34.92% -48.81% 76.22%
Cash From Investing Activities $288.7M $151.7M -$125.0M
YoY Change -213.55% 113.83% -150.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -715.2M -467.6M -23.45M
YoY Change 128.06% 7209.19% -96.18%
NET CHANGE
Cash From Operating Activities 429.4M 322.8M 282.0M
Cash From Investing Activities 288.7M 151.7M -125.0M
Cash From Financing Activities -715.2M -467.6M -23.45M
Net Change In Cash 2.816M 6.951M 133.5M
YoY Change -101.7% -97.64% -198.51%
FREE CASH FLOW
Cash From Operating Activities $429.4M $322.8M $282.0M
Capital Expenditures -$86.05M -$79.27M -$767.2M
Free Cash Flow $515.4M $402.1M $1.049B
YoY Change -58.17% -34.11% 201.14%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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