Equity Residential (EQR) — Free Cash Flow Generation Index

Latest as of March 2026: 0.84x

Equity Residential (EQR) has a Free Cash Flow Generation Index of 0.84x as of March 2026. Free cash flow of $334.62 Million represents 1% of operating cash flow ($400.51 Million). Read Equity Residential (EQR) financial obligations for a breakdown of total debt and financial obligations.

FCF Generation Index

0.84x
Free Cash Flow / Operating CF

Free Cash Flow

$334.62 Million
USD

Operating Cash Flow

$400.51 Million
USD

Capital Expenditures

$65.89 Million
USD

Equity Residential Free Cash Flow Generation Index (1993–2025)

Historical FCF Generation Index trend for Equity Residential across 33 annual periods. Explore how much does Equity Residential reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Equity Residential (1993–2025)

Year-by-year Free Cash Flow Generation Index for Equity Residential. For the full company profile including market capitalisation, see Equity Residential market capitalisation.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.78x $1.29 Billion $1.65 Billion $359.06 Million ▼ -1.9%
2024 0.80x $1.25 Billion $1.57 Billion $318.69 Million ▲ +1.9%
2023 0.78x $1.20 Billion $1.53 Billion $333.54 Million ▼ -6.9%
2022 0.84x $1.22 Billion $1.45 Billion $232.24 Million ▼ -3.0%
2021 0.87x $1.09 Billion $1.26 Billion $168.65 Million ▼ -0.3%
2020 0.87x $1.10 Billion $1.27 Billion $166.24 Million ▼ -0.1%
2019 0.87x $1.27 Billion $1.46 Billion $190.26 Million ▲ +1.9%
2018 0.85x $1.16 Billion $1.36 Billion $199.27 Million ▲ +4.3%
2017 0.82x $1.04 Billion $1.27 Billion $230.40 Million ▲ +0.8%
2016 0.81x $984.76 Million $1.21 Billion $229.36 Million ▼ -0.9%
2015 0.82x $1.11 Billion $1.36 Billion $245.99 Million ▲ +0.4%
2014 0.82x $1.08 Billion $1.32 Billion $244.03 Million ▲ +4.0%
2013 0.78x $681.64 Million $868.92 Million $187.27 Million ▼ -4.8%
2012 0.82x $862.00 Million $1.05 Billion $184.16 Million ▼ -15.9%
2011 0.98x $784.25 Million $800.47 Million $16.22 Million ▲ +0.2%
2010 0.98x $710.04 Million $726.04 Million $16.00 Million ▲ +17010.8%
2009 0.01x $3.83 Million $670.81 Million $666.98 Million ▲ +101.1%
2008 -0.51x $-386.84 Million $755.25 Million $1.14 Billion ▲ +75.0%
2007 -2.05x $-1.63 Billion $793.13 Million $2.42 Billion ▼ -2.0%
2006 -2.01x $-1.52 Billion $755.47 Million $2.28 Billion ▼ -301.2%
2005 1.00x $698.53 Million $698.53 Million $2.68 Billion ▲ +0.0%
2004 1.00x $707.06 Million $707.06 Million $1.17 Billion ▲ +0.0%
2003 1.00x $744.32 Million $744.32 Million $809.11 Million ▲ +148.9%
2002 0.40x $356.84 Million $888.26 Million $531.42 Million ▼ -54.8%
2001 0.89x $790.96 Million $889.67 Million $98.71 Million ▼ -7.3%
2000 0.96x $802.10 Million $836.42 Million $34.32 Million ▲ +5092.9%
1999 0.02x $14.57 Million $788.97 Million $774.40 Million ▲ +101.9%
1998 -1.00x $-540.85 Million $542.15 Million $1.08 Billion ▲ +64.1%
1997 -2.78x $-919.30 Million $331.10 Million $1.25 Billion ▼ -25.8%
1996 -2.21x $-465.43 Million $210.93 Million $676.36 Million ▼ -320.8%
1995 1.00x $126.40 Million $126.50 Million $100.00K ▲ +5.8%
1994 0.94x $88.80 Million $94.00 Million $5.20 Million ▼ -4.0%
1993 0.98x $25.20 Million $25.60 Million $400.00K
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).