EQREquity Residential

$63.66

Is it safe?

Can EQR take a bad year?

Equity Residential carries $3.06B of net debt at 1.62× EBITDA: a load its earnings can carry.

$3.06B

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
1.62×

Net debt / EBITDA · 1.66× a year ago · the load is coming down

Interest cover
2.85×

Interest cover · operating profit covers the interest bill, with room to spare

Annualised volatility
22%

Annualised volatility · about as steady as the market itself

Details
Total debtQ1 2026
$3.09B
Cash and short-term investments
$35M
Net debt
$3.06B
EBITDA, trailing twelve months
$1.89B
Operating profit, trailing twelve months
$889M
Debt / equity
0.29×
Total debt / EBITDA
1.64×
Annualised volatilitytwo years of daily moves
22%
Worst drawdown on file
−46%
Below its 52-week high
−9.1%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.