Equity Residential (EQR) — Working Capital to Net Assets Ratio
Equity Residential (EQR) has a Working Capital to Net Assets ratio of -11.9% as of March 2026. Working capital of $-1.31 Billion (current assets of $34.68 Million minus current liabilities of $1.35 Billion) is measured against net assets of $11.02 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Equity Residential financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Equity Residential Working Capital to Net Assets (1996–2025)
This chart shows how Equity Residential's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1996 to 2025. As of March 2026, the ratio stands at -11.9%, reflecting working capital of $-1.31 Billion against net assets of $11.02 Billion USD. See Equity Residential (EQR) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Equity Residential (1996–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Equity Residential from 1996 to 2025, covering 30 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Equity Residential (EQR) market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -9.9% | $-1.13 Billion | $11.41 Billion | $55.90 Million | $1.19 Billion | ▼ -2.8 pp |
| 2024 | -7.1% | $-820.53 Million | $11.58 Billion | $160.17 Million | $980.70 Million | ▼ -1.2 pp |
| 2023 | -5.9% | $-681.46 Million | $11.58 Billion | $140.00 Million | $821.46 Million | ▼ -2.5 pp |
| 2022 | -3.4% | $-399.74 Million | $11.70 Billion | $137.17 Million | $536.91 Million | ▼ -0.3 pp |
| 2021 | -3.1% | $-364.82 Million | $11.69 Billion | $360.24 Million | $725.05 Million | ▲ +3.4 pp |
| 2020 | -6.5% | $-720.63 Million | $11.10 Billion | $99.73 Million | $820.35 Million | ▲ +5.1 pp |
| 2019 | -11.6% | $-1.28 Billion | $11.01 Billion | $117.00 Million | $1.40 Billion | ▼ -4.6 pp |
| 2018 | -7.0% | $-754.56 Million | $10.78 Billion | $116.31 Million | $870.88 Million | ▼ -1.8 pp |
| 2017 | -5.2% | $-564.62 Million | $10.84 Billion | $100.76 Million | $665.39 Million | ▼ -3.4 pp |
| 2016 | -1.8% | $-201.63 Million | $10.90 Billion | $219.09 Million | $420.72 Million | ▼ -14.9 pp |
| 2015 | 13.0% | $1.47 Billion | $11.26 Billion | $2.34 Billion | $869.00 Million | ▲ +18.4 pp |
| 2014 | -5.4% | $-604.23 Million | $11.21 Billion | $160.47 Million | $764.70 Million | ▼ -2.2 pp |
| 2013 | -3.2% | $-355.87 Million | $11.21 Billion | $199.74 Million | $555.61 Million | ▼ -9.5 pp |
| 2012 | 6.3% | $497.39 Million | $7.93 Billion | $872.16 Million | $374.77 Million | ▲ +2.4 pp |
| 2011 | 3.9% | $244.44 Million | $6.28 Billion | $546.85 Million | $302.41 Million | ▼ -2.3 pp |
| 2010 | 6.2% | $346.00 Million | $5.59 Billion | $624.99 Million | $278.99 Million | ▲ +0.7 pp |
| 2009 | 5.5% | $284.64 Million | $5.17 Billion | $545.30 Million | $260.65 Million | ▲ +2.5 pp |
| 2008 | 3.0% | $172.72 Million | $5.78 Billion | $890.79 Million | $718.07 Million | ▲ +182.1 pp |
| 2007 | -179.1% | $-9.71 Billion | $5.42 Billion | $50.83 Million | $9.76 Billion | ▼ -179.3 pp |
| 2006 | 0.2% | $13.13 Million | $6.30 Billion | $265.12 Million | $251.99 Million | ▲ +3.0 pp |
| 2005 | -2.8% | $-165.05 Million | $5.82 Billion | $89.62 Million | $254.67 Million | ▲ +2.4 pp |
| 2004 | -5.3% | $-294.67 Million | $5.61 Billion | $85.19 Million | $379.86 Million | ▼ -2.7 pp |
| 2003 | -2.6% | $-145.65 Million | $5.62 Billion | $50.01 Million | $195.66 Million | ▲ +1.0 pp |
| 2002 | -3.6% | $-207.61 Million | $5.81 Billion | $32.80 Million | $240.41 Million | ▼ -0.3 pp |
| 2001 | -3.2% | $-196.08 Million | $6.05 Billion | $54.00 Million | $250.09 Million | ▲ +4.1 pp |
| 2000 | -7.3% | $-456.57 Million | $6.23 Billion | $25.57 Million | $482.14 Million | ▼ -0.8 pp |
| 1999 | -6.6% | $-390.88 Million | $5.96 Billion | $30.85 Million | $421.73 Million | ▲ +0.4 pp |
| 1998 | -7.0% | $-400.93 Million | $5.76 Billion | $8.72 Million | $409.66 Million | ▲ +0.3 pp |
| 1997 | -7.2% | $-286.37 Million | $3.96 Billion | $36.60 Million | $322.97 Million | ▼ -11.6 pp |
| 1996 | 4.3% | $69.63 Million | $1.61 Billion | $148.72 Million | $79.09 Million | — |