Peer Analysis

Financial Performance (%) EQR Peer Median Peer Average
Rec. EBITDA / Int. Exp. (x) 4.86 5.38 5.59
Rec. EBITDA / Int. Exp. + Pref. Divs. (x) 4.82 5.25 5.55
G&A / Total Revenue 5.38 6.26 6.01
FFO / Share Growth 8.02 1.19 1.27
ROAE 11.18 6.65 7.63
ROAA 5.63 3.07 3.40
Payout / FFO 66.86 65.58 64.76
Market Performance
Price / FFO (x) 15.77 17.28 16.98
Dividend Yield (%) 4.37 3.87 3.91
UPREIT Market Cap ($M) 21,308.31 12,561.60 12,737.22
Total Capitalization ($M) 30,097.59 17,387.65 18,069.15
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 6/30/2020.

Peer financial data is as of 6/30/2020