Peer Analysis

Financial Performance (%) EQR Peer Median Peer Average
Rec. EBITDA / Int. Exp. (x) 4.76 5.40 5.34
Rec. EBITDA / Int. Exp. + Pref. Divs. (x) 4.71 5.27 5.30
G&A / Total Revenue 5.52 5.87 5.96
FFO / Share Growth (5.31) (6.29) (5.59)
ROAE 8.95 5.96 6.03
ROAA 4.64 2.41 2.69
Payout / FFO 75.08 66.39 68.12
Market Performance
Price / FFO (x) 21.45 20.84 18.02
Dividend Yield (%) 3.50 3.31 8.41
UPREIT Market Cap ($M) 26,615.86 14,683.00 13,815.55
Total Capitalization ($M) 35,026.52 19,618.08 19,075.11
Data for trailing four quarters

Equity Residential's peer group consists of the following: Apartment Investment and Management Company (AIV), AvalonBay Communities, Inc. (AVB), Camden Property Trust (CPT), Essex Property Trust, Inc. (ESS), Mid-America Apartment Communities, Inc. (MAA), UDR, Inc. (UDR)

Equity Residential's financial data is as of 12/31/2020.

Peer financial data is as of 12/31/2020 except for these companies:

Apartment Investment and Management Company's financial data is as of 9/30/2020.