Peer Analysis

Financial Performance (%) EQR Peer Median Peer Average
Rec. EBITDA / Int. Exp. (x) 4.82 5.34 5.46
Rec. EBITDA / Int. Exp. + Pref. Divs. (x) 4.78 5.22 5.41
G&A / Total Revenue 5.42 6.21 5.95
FFO / Share Growth (0.89) (1.52) (2.98)
ROAE 9.37 5.68 6.69
ROAA 4.79 2.89 2.99
Payout / FFO 71.11 70.78 70.66
Market Performance
Price / FFO (x) 18.44 19.41 16.72
Dividend Yield (%) 3.91 3.55 9.82
UPREIT Market Cap ($M) 23,781.91 14,026.34 12,971.22
Total Capitalization ($M) 32,545.60 18,904.03 18,276.65
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 9/30/2020.

Peer financial data is as of 9/30/2020