Equity Residential (EQR) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.44x

Equity Residential (EQR) has a Cash Flow Reinvestment Rate of 0.44x as of June 2026, reinvesting $132.08 Million (capex $117.50 Million plus investments $14.58 Million) from operating cash flow of $301.88 Million. See Equity Residential free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.44x
(Capex + Investments) / Operating CF

Total Reinvested

$132.08 Million
Capex + Investments

Operating Cash Flow

$301.88 Million
USD

Capital Expenditures

$117.50 Million
USD

Equity Residential Cash Flow Reinvestment Rate (1993–2025)

Historical reinvestment intensity for Equity Residential across 33 annual periods. For the full cash flow conversion analysis, see EQR operating cash flow.

Annual Cash Flow Reinvestment Rate for Equity Residential (1993–2025)

Year-by-year capital reinvestment analysis for Equity Residential. See EQR financial flexibility score to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.22x $359.85 Million $1.65 Billion $359.06 Million ▼ -77.0%
2024 0.95x $1.50 Billion $1.57 Billion $318.69 Million ▲ +55.4%
2023 0.61x $937.44 Million $1.53 Billion $333.54 Million ▲ +217.4%
2022 0.19x $280.27 Million $1.45 Billion $232.24 Million ▲ +26.1%
2021 0.15x $192.56 Million $1.26 Billion $168.65 Million ▲ +13.0%
2020 0.14x $171.16 Million $1.27 Billion $166.24 Million ▼ -23.8%
2019 0.18x $258.65 Million $1.46 Billion $190.26 Million ▲ +17.0%
2018 0.15x $205.84 Million $1.36 Billion $199.27 Million ▼ -18.6%
2017 0.19x $236.10 Million $1.27 Billion $230.40 Million ▼ -3.5%
2016 0.19x $234.62 Million $1.21 Billion $229.36 Million ▼ -2.5%
2015 0.20x $269.01 Million $1.36 Billion $245.99 Million ▲ +1.1%
2014 0.20x $259.79 Million $1.32 Billion $244.03 Million ▼ -23.2%
2013 0.26x $222.05 Million $868.92 Million $187.27 Million ▼ -13.7%
2012 0.30x $309.94 Million $1.05 Billion $184.16 Million ▲ +1200.2%
2011 0.02x $18.24 Million $800.47 Million $16.22 Million ▼ -91.6%
2010 0.27x $196.72 Million $726.04 Million $16.00 Million ▼ -77.6%
2009 1.21x $811.73 Million $670.81 Million $666.98 Million ▼ -20.0%
2008 1.51x $1.14 Billion $755.25 Million $1.14 Billion ▼ -50.5%
2007 3.05x $2.42 Billion $793.13 Million $2.42 Billion ▲ +1.3%
2006 3.01x $2.28 Billion $755.47 Million $2.28 Billion ▼ -21.4%
2005 3.83x $2.68 Billion $698.53 Million $2.68 Billion ▲ +131.3%
2004 1.66x $1.17 Billion $707.06 Million $1.17 Billion ▲ +52.3%
2003 1.09x $809.11 Million $744.32 Million $809.11 Million ▲ +81.7%
2002 0.60x $531.42 Million $888.26 Million $531.42 Million ▲ +439.2%
2001 0.11x $98.71 Million $889.67 Million $98.71 Million ▲ +170.4%
2000 0.04x $34.32 Million $836.42 Million $34.32 Million ▼ -95.8%
1999 0.98x $774.40 Million $788.97 Million $774.40 Million ▼ -50.9%
1998 2.00x $1.08 Billion $542.15 Million $1.08 Billion ▼ -47.1%
1997 3.78x $1.25 Billion $331.10 Million $1.25 Billion ▲ +17.8%
1996 3.21x $676.36 Million $210.93 Million $676.36 Million ▲ +405531.8%
1995 0.00x $100.00K $126.50 Million $100.00K ▼ -98.6%
1994 0.06x $5.20 Million $94.00 Million $5.20 Million ▲ +254.0%
1993 0.02x $400.00K $25.60 Million $400.00K
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow