What is the current annual operating margin of EQR?

As of today, EQR annual operating margin is 28.39%

What is 1-year change in EQR annual operating margin?

EQR annual operating margin is down -4.02% year-over-year

What is 3-year change in EQR annual operating margin?

EQR annual operating margin is down -5.27% over the past 3 years

How far is EQR annual operating margin from its all-time high?

EQR annual operating margin is currently -25.45% below its historical high of 38.08% set on December 31, 1999

How does EQR annual operating margin rank versus sector peers?

EQR annual operating margin is higher than 58.91% of companies in Real Estate sector

When is EQR next annual earnings release?

As of today, the next annual earnings release for EQR has not been scheduled

What is the current quarterly operating margin of EQR?

As of today, EQR quarterly operating margin is 27.88%

What is EQR quarterly operating margin most recent change?

EQR quarterly operating margin was up +1.75% on June 30, 2026

What is 1-year change in EQR quarterly operating margin?

EQR quarterly operating margin is down -6.06% year-over-year

How far is EQR quarterly operating margin from its all-time high?

EQR quarterly operating margin is currently -66.42% below its historical high of 83.02% set on March 31, 2003

How does EQR quarterly operating margin rank versus sector peers?

EQR quarterly operating margin is higher than 55.42% of companies in Real Estate sector

When is EQR next earnings release?

The next earnings release for EQR is on October 21, 2026

EQR Operating Margin History & Chart Since 1992

Annual Operating Margin

28.39%1.19%-4.02%

December 31, 2025

Summary

Current Value: As of today, EQR annual operating margin is 28.39%, down -4.02% on December 31, 2025
Historical Performance: EQR annual operating margin is down -5.27% over the past 3 years, down -8.66% over the past 5 years
All-Time High Comparison: EQR annual operating margin is currently -25.45% below its historical high of 38.08% set on December 31, 1999
3-Year Low Comparison: EQR annual operating margin is at its 3-year low
Sector Comparison: EQR annual operating margin is higher than 58.91% of companies in Real Estate sector

Operating Margin Chart

beforeafter

Performance

EQR Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	28.39%	-4.0%	-5.3%	-8.7%	+3587.0%
Quarterly Operating Margin	Jun 30, 26	27.88%	-6.1%	-9.7%	+6.7%	+486.9%
Price	Aug 18, 26	$63.66	+0.7%	-0.3%	-22.1%	+10.6%
PE Ratio	Aug 18, 26	27.94	+15.4%	-3.8%	-38.6%	–
Annual Revenue	Dec 31, 25	$3.06B	+4.0%	+13.1%	+21.1%	+53.8%
Annual Operating Profit	Dec 31, 25	$869.75M	-0.2%	+7.2%	+10.6%	+5563.2%
Annual Gross Margin	Dec 31, 25	30.38%	-2.1%	-3.9%	-3.0%	+14.3%
Annual Net Margin	Dec 31, 25	37.60%	+3.5%	+26.2%	-1.2%	+1706.8%

Operating Margin Highs

EQR Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	30.96%	Dec 31, 23	-8.3%
5Y	31.08%	N/A	-8.7%
All	38.08%	Dec 31, 99	-25.4%

Operating Margin Lows

EQR Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	28.39%	Dec 31, 25	at low
5Y	25.51%	Dec 31, 21	+11.3%
All	-4.53%	Dec 1, 92	+726.7%

Operating Margin History

Year	Value	Change
2025	28.39%	-4.0%
2024	29.58%	-4.5%
2023	30.96%	+3.3%
2022	29.97%	+17.5%
2021	25.51%	-17.9%
2020	31.08%	-8.0%
2019	33.79%	+2.6%
2018	32.92%	-3.1%
2017	33.99%	-2.7%
2016	34.94%	-4.2%
2015	36.47%	+109.2%
2014	17.43%	+1,428.9%
2013	1.14%	-87.3%
2012	8.96%	+1,063.6%
2010	0.77%	-74.6%
2009	3.03%	-54.4%
2008	6.64%	+59.2%

Year	Value	Change
2007	4.17%	-25.1%
2006	5.57%	-10.3%
2005	6.21%	-36.4%
2004	9.77%	-69.3%
2003	31.80%	+82.7%
2002	17.41%	-52.1%
2001	36.36%	+86.0%
2000	19.55%	-48.7%
1999	38.08%	+1.0%
1998	37.71%	+60.1%
1997	23.55%	+16.1%
1996	20.28%	+32.0%
1995	15.36%	-22.9%
1994	19.91%	-40.4%
1993	33.43%	+838.0%
1992	-4.53%	-

FAQ

What is the current annual operating margin of EQR?: As of today, EQR annual operating margin is 28.39%
What is 1-year change in EQR annual operating margin?: EQR annual operating margin is down -4.02% year-over-year
What is 3-year change in EQR annual operating margin?: EQR annual operating margin is down -5.27% over the past 3 years
How far is EQR annual operating margin from its all-time high?: EQR annual operating margin is currently -25.45% below its historical high of 38.08% set on December 31, 1999
How does EQR annual operating margin rank versus sector peers?: EQR annual operating margin is higher than 58.91% of companies in Real Estate sector
When is EQR next annual earnings release?: As of today, the next annual earnings release for EQR has not been scheduled

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

27.88%0.48%+1.75%

June 30, 2026

Summary

Current Value: As of today, EQR quarterly operating margin is 27.88%, up +1.75% on June 30, 2026
Historical Performance: EQR quarterly operating margin is down -6.06% year-over-year, down -9.66% over the past 3 years
All-Time High Comparison: EQR quarterly operating margin is currently -66.42% below its historical high of 83.02% set on March 31, 2003
3-Year Low Comparison: EQR quarterly operating margin is +146.30% above its 3-year low of -60.22% reached on December 31, 2023
Sector Comparison: EQR quarterly operating margin is higher than 55.42% of companies in Real Estate sector

Performance

EQR Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Jun 30, 26	27.88%	+1.8%	-6.1%	-9.7%	+6.7%
Annual Operating Margin	Dec 31, 25	28.39%	–	-4.0%	-5.3%	-8.7%
Price	Aug 18, 26	$63.66	-2.7%	+0.7%	-0.3%	-22.1%
PE Ratio	Aug 18, 26	27.94	+5.9%	+15.4%	-3.8%	-38.6%
Quarterly Revenue	Jun 30, 26	$785.05M	+0.7%	+3.1%	+10.8%	+34.0%
Quarterly Operating Profit	Jun 30, 26	$218.87M	+2.4%	-3.2%	+0.1%	+43.0%
Quarterly Gross Margin	Jun 30, 26	30.00%	+1.5%	-3.7%	-7.0%	+12.9%
Quarterly Net Margin	Jun 30, 26	15.00%	+25.6%	-42.5%	-26.6%	-73.2%

Quarterly Operating Margin Highs

EQR Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	30.69%	Dec 31, 25	-9.2%
3Y	31.48%	Sep 30, 23	-11.4%
5Y	34.12%	Dec 31, 22	-18.3%
All	83.02%	Mar 31, 03	-66.4%

Quarterly Operating Margin Lows

EQR Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	27.40%	Mar 31, 26	+1.8%
3Y	-60.22%	Dec 31, 23	+146.3%
5Y	-60.22%	Dec 31, 23	+146.3%
All	-728.60%	Mar 31, 99	+103.8%

Quarterly Operating Margin History

Month	Value	Change
Jun 2026	27.88%	+1.8%
Mar 2026	27.40%	-10.7%
Dec 2025	30.69%	+5.1%
Sep 2025	29.21%	-1.6%
Jun 2025	29.68%	+15.0%
Mar 2025	25.80%	-6.0%
Dec 2024	27.44%	-9.0%
Sep 2024	30.15%	-2.9%
Jun 2024	31.06%	+6.5%
Mar 2024	29.16%	+148.4%
Dec 2023	-60.22%	-291.3%
Sep 2023	31.48%	+2.0%
Jun 2023	30.86%	+8.5%
Mar 2023	28.43%	-16.7%
Dec 2022	34.12%	+8.0%
Sep 2022	31.59%	+7.7%
Jun 2022	29.33%	+25.9%
Mar 2022	23.29%	-13.9%
Dec 2021	27.06%	+6.3%
Sep 2021	25.46%	-2.6%
Jun 2021	26.13%	+12.5%
Mar 2021	23.22%	-21.3%
Dec 2020	29.49%	-4.1%
Sep 2020	30.76%	-5.4%
Jun 2020	32.53%	+3.1%
Mar 2020	31.56%	-6.8%
Dec 2019	33.88%	-3.7%
Sep 2019	35.17%	+0.5%
Jun 2019	35.00%	+10.4%
Mar 2019	31.70%	-4.5%
Dec 2018	33.20%	-2.8%
Sep 2018	34.14%	+1.5%
Jun 2018	33.62%	+9.6%
Mar 2018	30.68%	-9.5%
Dec 2017	33.91%	-1.7%
Sep 2017	34.51%	+1.4%
Jun 2017	34.02%	+1.6%
Mar 2017	33.48%	-8.7%
Dec 2016	36.66%	+7.1%
Sep 2016	34.22%	-0.1%
Jun 2016	34.26%	-1.1%
Mar 2016	34.65%	-14.6%
Dec 2015	40.58%	+10.6%
Sep 2015	36.69%	+2.1%
Jun 2015	35.94%	+10.9%
Mar 2015	32.42%	+55.1%
Dec 2014	20.90%	+12.9%
Sep 2014	18.52%	+9.8%
Jun 2014	16.86%	+27.1%
Mar 2014	13.26%	-25.6%
Dec 2013	17.82%	+5,191.4%
Sep 2013	-0.35%	+96.1%
Jun 2013	-8.92%	+44.4%
Mar 2013	-16.05%	-243.8%
Dec 2012	11.16%	-7.8%
Sep 2012	12.11%	+38.7%
Jun 2012	8.73%	+86.9%

Month	Value	Change
Mar 2012	4.67%	-1.7%
Jun 2011	4.75%	+171.4%
Mar 2011	1.75%	+157.4%
Dec 2010	0.68%	-34.6%
Sep 2010	1.04%	+57.6%
Jun 2010	0.66%	+214.3%
Mar 2010	0.21%	-90.6%
Dec 2009	2.23%	+21.9%
Sep 2009	1.83%	-72.2%
Jun 2009	6.59%	+63.5%
Mar 2009	4.03%	-36.5%
Dec 2008	6.35%	-5.6%
Sep 2008	6.73%	-23.8%
Jun 2008	8.83%	+56.8%
Mar 2008	5.63%	-12.7%
Dec 2007	6.45%	+102.2%
Sep 2007	3.19%	-41.7%
Jun 2007	5.47%	+29.9%
Mar 2007	4.21%	-22.0%
Dec 2006	5.40%	+159.6%
Sep 2006	2.08%	-70.3%
Jun 2006	7.00%	+26.1%
Mar 2006	5.55%	+100.4%
Dec 2005	2.77%	-53.7%
Sep 2005	5.98%	-2.8%
Jun 2005	6.15%	-7.0%
Mar 2005	6.61%	-23.5%
Dec 2004	8.64%	+16.9%
Sep 2004	7.39%	-31.3%
Jun 2004	10.75%	-14.3%
Mar 2004	12.54%	-57.9%
Dec 2003	29.79%	+120.8%
Sep 2003	13.49%	-11.8%
Jun 2003	15.30%	-81.6%
Mar 2003	83.02%	+250.5%
Dec 2002	-55.18%	-729.2%
Sep 2002	8.77%	-48.8%
Jun 2002	17.13%	-10.7%
Mar 2002	19.19%	-60.5%
Dec 2001	48.55%	+572.4%
Sep 2001	7.22%	-60.1%
Jun 2001	18.11%	-3.2%
Mar 2001	18.70%	-18.0%
Dec 2000	22.81%	+234.8%
Sep 2000	-16.92%	-186.1%
Jun 2000	19.66%	+8.2%
Mar 2000	18.17%	-52.2%
Dec 1999	37.99%	>+9,900.0%
Sep 1999	0.32%	-98.3%
Jun 1999	18.97%	+102.6%
Mar 1999	-728.60%	-2,062.8%
Dec 1998	37.12%	+111.8%
Sep 1998	17.53%	-14.7%
Jun 1998	20.56%	-19.9%
Mar 1998	25.68%	+109.0%
Dec 1996	-284.33%	-

FAQ

What is the current quarterly operating margin of EQR?: As of today, EQR quarterly operating margin is 27.88%
What is EQR quarterly operating margin most recent change?: EQR quarterly operating margin was up +1.75% on June 30, 2026
What is 1-year change in EQR quarterly operating margin?: EQR quarterly operating margin is down -6.06% year-over-year
How far is EQR quarterly operating margin from its all-time high?: EQR quarterly operating margin is currently -66.42% below its historical high of 83.02% set on March 31, 2003
How does EQR quarterly operating margin rank versus sector peers?: EQR quarterly operating margin is higher than 55.42% of companies in Real Estate sector
When is EQR next earnings release?: The next earnings release for EQR is on October 21, 2026

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

EQR Official Website www.equityapartments.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/906107/000119312525308127/0001193125-25-308127-index.htm
EQR Profile on Yahoo Finance finance.yahoo.com/quote/EQR
EQR Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/eqr