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-0.000241526447145972 -0.000563561710007305 0.000724579341437915 0.00120763223572974 0.00104661460429913 0.000241526447145972 -8.0508815715362E-05 0.00378391433862007
Stock impact report

EQR Q4 2025 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

Equity Residential Common Shares of Beneficial Interest (EQR) 
Last equity residential common shares of beneficial interest earnings: 1/28 04:16 pm Check Earnings Report
US:NYSE Investor Relations: investors.equityapartments.com
Chief Operating Officer — Michael L. Manelis Chief Financial Officer — Bret E. McLeod Executive Vice President & Chief Investment Officer — Robert J. Garechana TAKEAWAYS Same-store NOI -- 2025 results matched initial guidance despite mid-year revenue deceleration, with San Francisco and New York outperforming other markets. Occupancy -- Portfolio-wide physical occupancy stood at 96.4% at quarter end, exceeding internal expectations. Blended Lease Rate -- Achieved blended rate increase of 0.5% in the quarter, comprised of a 4.5% achieved renewal rate offset by negative new lease rates everywhere except San Francisco. Resident Turnover -- Both Q4 and full year recorded the lowest resident turnover rates in the company's history. 'Bought Home' Move-outs -- Only 7.4% of residents cited home purchases as a reason for move-out in 2025, also a company record low. Revenue Guidance 2026 -- Expected same-store blended rate growth is 1.5%-3%, driven primarily by renewal lift a Show less Read more
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