
Equity Residential's 2023 EPS Rises to $2.20, NOI Up 4.5%, Driven by Strong Coastal Market Demand
Equity ResidentialDescription
What this story covers
Equity Residential (EQR) saw diluted EPS rise to $2.20 in 2023, with Net Operating Income (NOI) increasing 4.5% to $1.95 billion. Strong demand in coastal "knowledge centers" and strategic acquisitions fueled growth, while the company maintained robust liquidity and a conservative capital structure.
Story snapshot
CompanyEquity Residential
TickerEQR
VariantStandard detailed
Duration26:16
Filing type10-K
PeriodAnnual 2023
IndustryReal Estate & Construction
Accession0000950170-24-015907
Full Story Script
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