
Chicago, Illinois-based Equity Residential (EQR) engages in the acquisition, development, and management of rental apartment properties. With a market cap of $23 billion, Equity Residential operates as one of the leading, fully integrated, publicly traded multi-family REITs in the United States.
The real estate major has significantly underperformed the broader market over the past year. EQR stock prices have plunged 16.9% on a YTD basis and 18.4% over the past 52 weeks, compared to the S&P 500 Index’s ($SPX) 16.5% gains in 2025 and 14.5% returns over the past year.