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Side-by-side financial comparison of Equity Residential (EQR) and SM Energy Co (SM). Click either name above to swap in a different company.
Equity Residential is the larger business by last-quarter revenue ($781.9M vs $704.9M, roughly 1.1× SM Energy Co). On growth, Equity Residential posted the faster year-over-year revenue change (2.0% vs -17.3%). Over the past eight quarters, SM Energy Co's revenue compounded faster (12.2% CAGR vs 3.4%).
Equity Residential is a United States–based publicly traded real estate investment trust that invests in apartments.
SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.
EQR vs SM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $781.9M | $704.9M |
| Net Profit | $382.1M | — |
| Gross Margin | — | — |
| Operating Margin | 50.6% | 25.9% |
| Net Margin | 48.9% | — |
| Revenue YoY | 2.0% | -17.3% |
| Net Profit YoY | -8.8% | — |
| EPS (diluted) | $1.01 | $0.94 |
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.
| Q4 25 | $781.9M | $704.9M | ||
| Q3 25 | $782.4M | $811.6M | ||
| Q2 25 | $768.8M | $792.9M | ||
| Q1 25 | $760.8M | $844.5M | ||
| Q4 24 | $766.8M | $852.0M | ||
| Q3 24 | $748.3M | $643.6M | ||
| Q2 24 | $734.2M | $634.6M | ||
| Q1 24 | $730.8M | $559.9M |
| Q4 25 | $382.1M | — | ||
| Q3 25 | $289.1M | $155.1M | ||
| Q2 25 | $192.4M | $201.7M | ||
| Q1 25 | $256.6M | $182.3M | ||
| Q4 24 | $419.1M | — | ||
| Q3 24 | $143.4M | $240.5M | ||
| Q2 24 | $177.5M | $210.3M | ||
| Q1 24 | $295.8M | $131.2M |
| Q4 25 | 50.6% | 25.9% | ||
| Q3 25 | 38.5% | 30.4% | ||
| Q2 25 | 26.6% | 37.2% | ||
| Q1 25 | 35.7% | 32.7% | ||
| Q4 24 | 57.2% | 33.7% | ||
| Q3 24 | 20.1% | 51.4% | ||
| Q2 24 | 25.3% | 44.0% | ||
| Q1 24 | 42.0% | 31.9% |
| Q4 25 | 48.9% | — | ||
| Q3 25 | 36.9% | 19.1% | ||
| Q2 25 | 25.0% | 25.4% | ||
| Q1 25 | 33.7% | 21.6% | ||
| Q4 24 | 54.7% | — | ||
| Q3 24 | 19.2% | 37.4% | ||
| Q2 24 | 24.2% | 33.1% | ||
| Q1 24 | 40.5% | 23.4% |
| Q4 25 | $1.01 | $0.94 | ||
| Q3 25 | $0.76 | $1.35 | ||
| Q2 25 | $0.50 | $1.76 | ||
| Q1 25 | $0.67 | $1.59 | ||
| Q4 24 | $1.10 | $1.63 | ||
| Q3 24 | $0.38 | $2.09 | ||
| Q2 24 | $0.47 | $1.82 | ||
| Q1 24 | $0.77 | $1.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $55.9M | $368.0M |
| Total DebtLower is stronger | $8.2B | — |
| Stockholders' EquityBook value | $11.0B | $4.8B |
| Total Assets | $20.7B | $9.3B |
| Debt / EquityLower = less leverage | 0.75× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $55.9M | $368.0M | ||
| Q3 25 | $93.1M | $162.3M | ||
| Q2 25 | $31.3M | $101.9M | ||
| Q1 25 | $39.8M | $54.0K | ||
| Q4 24 | $62.3M | — | ||
| Q3 24 | $28.6M | $1.7B | ||
| Q2 24 | $38.3M | $487.9M | ||
| Q1 24 | $44.5M | $506.3M |
| Q4 25 | $8.2B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.2B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $11.0B | $4.8B | ||
| Q3 25 | $11.1B | $4.7B | ||
| Q2 25 | $11.0B | $4.6B | ||
| Q1 25 | $11.0B | $4.4B | ||
| Q4 24 | $11.0B | $4.2B | ||
| Q3 24 | $10.9B | $4.1B | ||
| Q2 24 | $11.0B | $3.8B | ||
| Q1 24 | $11.1B | $3.7B |
| Q4 25 | $20.7B | $9.3B | ||
| Q3 25 | $21.1B | $9.1B | ||
| Q2 25 | $21.0B | $9.0B | ||
| Q1 25 | $20.6B | $8.8B | ||
| Q4 24 | $20.8B | $8.6B | ||
| Q3 24 | $20.9B | $8.0B | ||
| Q2 24 | $19.8B | $6.7B | ||
| Q1 24 | $19.9B | $6.4B |
| Q4 25 | 0.75× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.74× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $387.0M | $451.9M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 1.01× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $387.0M | $451.9M | ||
| Q3 25 | $476.7M | $505.0M | ||
| Q2 25 | $359.5M | $571.1M | ||
| Q1 25 | $425.5M | $483.0M | ||
| Q4 24 | $354.2M | $578.4M | ||
| Q3 24 | $401.4M | $452.3M | ||
| Q2 24 | $396.9M | $476.4M | ||
| Q1 24 | $421.0M | $276.0M |
| Q4 25 | 1.01× | — | ||
| Q3 25 | 1.65× | 3.26× | ||
| Q2 25 | 1.87× | 2.83× | ||
| Q1 25 | 1.66× | 2.65× | ||
| Q4 24 | 0.85× | — | ||
| Q3 24 | 2.80× | 1.88× | ||
| Q2 24 | 2.24× | 2.27× | ||
| Q1 24 | 1.42× | 2.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
