Equity Residential Q4 EPS falls 9.1% to $1.00; 2026 normalized FFO guided to $4.02-$4.14
Equity Residential reported fourth-quarter 2025 diluted EPS of $1.00, down from $1.10, while normalized FFO per share rose to $1.03 from $1.00 and full-year 2025 EPS rose to $2.94 from $2.72. The company guided 2026 normalized FFO per share to $4.02 to $4.14, but 2026 EPS guidance of $1.44 to $1.56 implies a 49.0% decline at the midpoint versus 2025. The filing names Equity Residential (NYSE: EQR), not VIVMARK RESIDENTIAL (VMRK) as stated in the request; the summary reflects the filing.
Key points
- Q4 2025 diluted EPS was $1.00 versus $1.10 a year earlier; normalized FFO per share was $1.03 versus $1.00.
- Full-year 2025 diluted EPS was $2.94 versus $2.72; normalized FFO per share was $3.99 versus $3.89.
- 2026 guidance: EPS $1.44 to $1.56 (midpoint down 49.0% versus 2025); normalized FFO $4.02 to $4.14 (midpoint up 2.3%).
- During 2025 the company repurchased about 4.8 million common shares for about $300.0 million.
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.