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Side-by-side financial comparison of Equity Residential (EQR) and LOUISIANA-PACIFIC CORP (LPX). Click either name above to swap in a different company.

Equity Residential is the larger business by last-quarter revenue ($781.9M vs $566.0M, roughly 1.4× LOUISIANA-PACIFIC CORP). Equity Residential runs the higher net margin — 48.9% vs -1.4%, a 50.3% gap on every dollar of revenue. On growth, Equity Residential posted the faster year-over-year revenue change (2.0% vs -16.9%). Over the past eight quarters, Equity Residential's revenue compounded faster (3.4% CAGR vs -11.6%).

Equity Residential is a United States–based publicly traded real estate investment trust that invests in apartments.

Louisiana-Pacific Corporation (LP) is an American building materials manufacturer. The company was founded in 1973 and LP pioneered the U.S. production of oriented strand board (OSB) panels. Currently based in Nashville, Tennessee, LP is the world's largest producer of OSB and manufactures engineered wood building products. LP products are sold to builders and homeowners through building materials distributors and dealers and retail home centers.

EQR vs LPX — Head-to-Head

Bigger by revenue
EQR
EQR
1.4× larger
EQR
$781.9M
$566.0M
LPX
Growing faster (revenue YoY)
EQR
EQR
+18.9% gap
EQR
2.0%
-16.9%
LPX
Higher net margin
EQR
EQR
50.3% more per $
EQR
48.9%
-1.4%
LPX
Faster 2-yr revenue CAGR
EQR
EQR
Annualised
EQR
3.4%
-11.6%
LPX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EQR
EQR
LPX
LPX
Revenue
$781.9M
$566.0M
Net Profit
$382.1M
$-8.0M
Gross Margin
15.0%
Operating Margin
50.6%
-1.6%
Net Margin
48.9%
-1.4%
Revenue YoY
2.0%
-16.9%
Net Profit YoY
-8.8%
-112.9%
EPS (diluted)
$1.01
$-0.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EQR
EQR
LPX
LPX
Q4 25
$781.9M
$566.0M
Q3 25
$782.4M
$663.0M
Q2 25
$768.8M
$755.0M
Q1 25
$760.8M
$724.0M
Q4 24
$766.8M
$681.0M
Q3 24
$748.3M
$722.0M
Q2 24
$734.2M
$814.0M
Q1 24
$730.8M
$724.0M
Net Profit
EQR
EQR
LPX
LPX
Q4 25
$382.1M
$-8.0M
Q3 25
$289.1M
$9.0M
Q2 25
$192.4M
$54.0M
Q1 25
$256.6M
$91.0M
Q4 24
$419.1M
$62.0M
Q3 24
$143.4M
$90.0M
Q2 24
$177.5M
$160.0M
Q1 24
$295.8M
$108.0M
Gross Margin
EQR
EQR
LPX
LPX
Q4 25
15.0%
Q3 25
19.5%
Q2 25
23.6%
Q1 25
27.2%
Q4 24
23.8%
Q3 24
26.7%
Q2 24
32.3%
Q1 24
29.6%
Operating Margin
EQR
EQR
LPX
LPX
Q4 25
50.6%
-1.6%
Q3 25
38.5%
2.7%
Q2 25
26.6%
10.6%
Q1 25
35.7%
16.6%
Q4 24
57.2%
11.0%
Q3 24
20.1%
16.1%
Q2 24
25.3%
23.8%
Q1 24
42.0%
20.0%
Net Margin
EQR
EQR
LPX
LPX
Q4 25
48.9%
-1.4%
Q3 25
36.9%
1.4%
Q2 25
25.0%
7.2%
Q1 25
33.7%
12.6%
Q4 24
54.7%
9.1%
Q3 24
19.2%
12.5%
Q2 24
24.2%
19.7%
Q1 24
40.5%
14.9%
EPS (diluted)
EQR
EQR
LPX
LPX
Q4 25
$1.01
$-0.12
Q3 25
$0.76
$0.13
Q2 25
$0.50
$0.77
Q1 25
$0.67
$1.30
Q4 24
$1.10
$0.90
Q3 24
$0.38
$1.28
Q2 24
$0.47
$2.23
Q1 24
$0.77
$1.48

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EQR
EQR
LPX
LPX
Cash + ST InvestmentsLiquidity on hand
$55.9M
$292.0M
Total DebtLower is stronger
$8.2B
$348.0M
Stockholders' EquityBook value
$11.0B
$1.7B
Total Assets
$20.7B
$2.6B
Debt / EquityLower = less leverage
0.75×
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQR
EQR
LPX
LPX
Q4 25
$55.9M
$292.0M
Q3 25
$93.1M
$316.0M
Q2 25
$31.3M
$333.0M
Q1 25
$39.8M
$256.0M
Q4 24
$62.3M
$340.0M
Q3 24
$28.6M
$346.0M
Q2 24
$38.3M
$317.0M
Q1 24
$44.5M
$244.0M
Total Debt
EQR
EQR
LPX
LPX
Q4 25
$8.2B
$348.0M
Q3 25
$348.0M
Q2 25
$348.0M
Q1 25
$348.0M
Q4 24
$8.2B
$348.0M
Q3 24
$347.0M
Q2 24
$347.0M
Q1 24
$347.0M
Stockholders' Equity
EQR
EQR
LPX
LPX
Q4 25
$11.0B
$1.7B
Q3 25
$11.1B
$1.7B
Q2 25
$11.0B
$1.7B
Q1 25
$11.0B
$1.7B
Q4 24
$11.0B
$1.7B
Q3 24
$10.9B
$1.7B
Q2 24
$11.0B
$1.7B
Q1 24
$11.1B
$1.6B
Total Assets
EQR
EQR
LPX
LPX
Q4 25
$20.7B
$2.6B
Q3 25
$21.1B
$2.6B
Q2 25
$21.0B
$2.7B
Q1 25
$20.6B
$2.6B
Q4 24
$20.8B
$2.6B
Q3 24
$20.9B
$2.6B
Q2 24
$19.8B
$2.5B
Q1 24
$19.9B
$2.5B
Debt / Equity
EQR
EQR
LPX
LPX
Q4 25
0.75×
0.20×
Q3 25
0.20×
Q2 25
0.20×
Q1 25
0.21×
Q4 24
0.74×
0.21×
Q3 24
0.21×
Q2 24
0.21×
Q1 24
0.21×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EQR
EQR
LPX
LPX
Operating Cash FlowLast quarter
$387.0M
$67.0M
Free Cash FlowOCF − Capex
$-8.0M
FCF MarginFCF / Revenue
-1.4%
Capex IntensityCapex / Revenue
13.3%
Cash ConversionOCF / Net Profit
1.01×
TTM Free Cash FlowTrailing 4 quarters
$91.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQR
EQR
LPX
LPX
Q4 25
$387.0M
$67.0M
Q3 25
$476.7M
$89.0M
Q2 25
$359.5M
$162.0M
Q1 25
$425.5M
$64.0M
Q4 24
$354.2M
$105.0M
Q3 24
$401.4M
$183.0M
Q2 24
$396.9M
$212.0M
Q1 24
$421.0M
$105.0M
Free Cash Flow
EQR
EQR
LPX
LPX
Q4 25
$-8.0M
Q3 25
$5.0M
Q2 25
$94.0M
Q1 25
$0
Q4 24
$43.0M
Q3 24
$139.0M
Q2 24
$176.0M
Q1 24
$64.0M
FCF Margin
EQR
EQR
LPX
LPX
Q4 25
-1.4%
Q3 25
0.8%
Q2 25
12.5%
Q1 25
0.0%
Q4 24
6.3%
Q3 24
19.3%
Q2 24
21.6%
Q1 24
8.8%
Capex Intensity
EQR
EQR
LPX
LPX
Q4 25
13.3%
Q3 25
12.7%
Q2 25
9.0%
Q1 25
8.8%
Q4 24
9.1%
Q3 24
6.1%
Q2 24
4.4%
Q1 24
5.7%
Cash Conversion
EQR
EQR
LPX
LPX
Q4 25
1.01×
Q3 25
1.65×
9.89×
Q2 25
1.87×
3.00×
Q1 25
1.66×
0.70×
Q4 24
0.85×
1.69×
Q3 24
2.80×
2.03×
Q2 24
2.24×
1.32×
Q1 24
1.42×
0.97×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EQR
EQR

Segment breakdown not available.

LPX
LPX

OS Bvalueadd$472.0M83%
Other$84.0M15%
Otherproducts$10.0M2%

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