Company

Equity Residential

Headquarters: Chicago, IL, United States

Founded: 1969

Employees: 2,400

CEO: Mr. Mark J. Parrell

NYSE: EQR +1.21%

Market Cap

$23.07 Billion

USD as of Jan. 1, 2024

Market Cap History

Company Description

Equity Residential is a real estate investment trust specializing in apartments. It owns and operates about 80,000 apartments in 300 properties located in prime markets including, New York City, Boston, Washington, D.C., San Francisco, Los Angeles, and Seattle.

Equity Residential market capitalization over time

Evolution of Equity Residential market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Equity Residential

Detailed Description

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver.

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Stocks & Indices

Equity Residential has the following listings and related stock indices.


Stock: NYSE: EQR wb_incandescent

Stock: Bovespa: E1QR34 wb_incandescent

Product & Services

Property Management

Key People

Founder(s): Sam Zell

Mark J. Parrell, CEO Sam Zell, Chairman Robert A. Garechana, CFO

Financials

Revenue: $2.571 billion (2020)

Net income: $962 million (2020)


Total assets: $20.286 billion (2020)

Total equity: $10.763 billion (2020)

Details

Headquarters:

Two North Riverside Plaza

Suite 400

Chicago, IL 60606

United States

Phone: 312-474-1300