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Side-by-side financial comparison of Equity Residential (EQR) and Vestis Corp (VSTS). Click either name above to swap in a different company.

Equity Residential is the larger business by last-quarter revenue ($781.9M vs $663.4M, roughly 1.2× Vestis Corp). Equity Residential runs the higher net margin — 48.9% vs -1.0%, a 49.8% gap on every dollar of revenue. On growth, Equity Residential posted the faster year-over-year revenue change (2.0% vs -3.0%). Over the past eight quarters, Equity Residential's revenue compounded faster (3.4% CAGR vs -3.0%).

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

Vestis Corp is a leading provider of workplace uniforms, safety apparel, and facility service solutions. It primarily operates across North America, serving clients in healthcare, manufacturing, retail, hospitality, and public service sectors, offering customized uniform rental, cleaning, and maintenance programs tailored to varied business operational requirements.

EQR vs VSTS — Head-to-Head

Bigger by revenue
EQR
EQR
1.2× larger
EQR
$781.9M
$663.4M
VSTS
Growing faster (revenue YoY)
EQR
EQR
+5.0% gap
EQR
2.0%
-3.0%
VSTS
Higher net margin
EQR
EQR
49.8% more per $
EQR
48.9%
-1.0%
VSTS
Faster 2-yr revenue CAGR
EQR
EQR
Annualised
EQR
3.4%
-3.0%
VSTS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EQR
EQR
VSTS
VSTS
Revenue
$781.9M
$663.4M
Net Profit
$382.1M
$-6.4M
Gross Margin
Operating Margin
50.6%
2.5%
Net Margin
48.9%
-1.0%
Revenue YoY
2.0%
-3.0%
Net Profit YoY
-8.8%
-868.1%
EPS (diluted)
$1.01
$-0.05

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
VSTS
VSTS
Q1 26
$663.4M
Q4 25
$781.9M
$712.0M
Q3 25
$782.4M
Q2 25
$768.8M
$673.8M
Q1 25
$760.8M
$665.2M
Q4 24
$766.8M
$683.8M
Q3 24
$748.3M
$684.3M
Q2 24
$734.2M
$698.2M
Net Profit
EQR
EQR
VSTS
VSTS
Q1 26
$-6.4M
Q4 25
$382.1M
$-12.5M
Q3 25
$289.1M
Q2 25
$192.4M
$-676.0K
Q1 25
$256.6M
$-27.8M
Q4 24
$419.1M
$832.0K
Q3 24
$143.4M
$-2.3M
Q2 24
$177.5M
$5.0M
Operating Margin
EQR
EQR
VSTS
VSTS
Q1 26
2.5%
Q4 25
50.6%
2.5%
Q3 25
38.5%
Q2 25
26.6%
3.7%
Q1 25
35.7%
-1.3%
Q4 24
57.2%
4.4%
Q3 24
20.1%
4.4%
Q2 24
25.3%
5.4%
Net Margin
EQR
EQR
VSTS
VSTS
Q1 26
-1.0%
Q4 25
48.9%
-1.8%
Q3 25
36.9%
Q2 25
25.0%
-0.1%
Q1 25
33.7%
-4.2%
Q4 24
54.7%
0.1%
Q3 24
19.2%
-0.3%
Q2 24
24.2%
0.7%
EPS (diluted)
EQR
EQR
VSTS
VSTS
Q1 26
$-0.05
Q4 25
$1.01
$-0.10
Q3 25
$0.76
Q2 25
$0.50
$-0.01
Q1 25
$0.67
$-0.21
Q4 24
$1.10
$0.01
Q3 24
$0.38
$-0.02
Q2 24
$0.47
$0.04

Balance Sheet & Financial Strength

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

Metric
EQR
EQR
VSTS
VSTS
Cash + ST InvestmentsLiquidity on hand
$55.9M
$41.5M
Total DebtLower is stronger
$8.2B
Stockholders' EquityBook value
$11.0B
$864.4M
Total Assets
$20.7B
$2.9B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQR
EQR
VSTS
VSTS
Q1 26
$41.5M
Q4 25
$55.9M
$29.7M
Q3 25
$93.1M
Q2 25
$31.3M
$23.7M
Q1 25
$39.8M
$28.8M
Q4 24
$62.3M
$18.6M
Q3 24
$28.6M
$31.0M
Q2 24
$38.3M
$29.1M
Total Debt
EQR
EQR
VSTS
VSTS
Q1 26
Q4 25
$8.2B
$1.2B
Q3 25
Q2 25
Q1 25
Q4 24
$8.2B
Q3 24
$1.2B
Q2 24
Stockholders' Equity
EQR
EQR
VSTS
VSTS
Q1 26
$864.4M
Q4 25
$11.0B
$865.6M
Q3 25
$11.1B
Q2 25
$11.0B
$882.2M
Q1 25
$11.0B
$876.3M
Q4 24
$11.0B
$899.6M
Q3 24
$10.9B
$903.1M
Q2 24
$11.0B
$901.2M
Total Assets
EQR
EQR
VSTS
VSTS
Q1 26
$2.9B
Q4 25
$20.7B
$2.9B
Q3 25
$21.1B
Q2 25
$21.0B
$2.9B
Q1 25
$20.6B
$2.9B
Q4 24
$20.8B
$2.9B
Q3 24
$20.9B
$2.9B
Q2 24
$19.8B
$3.1B
Debt / Equity
EQR
EQR
VSTS
VSTS
Q1 26
Q4 25
0.75×
1.35×
Q3 25
Q2 25
Q1 25
Q4 24
0.74×
Q3 24
1.29×
Q2 24

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
VSTS
VSTS
Operating Cash FlowLast quarter
$387.0M
$37.7M
Free Cash FlowOCF − Capex
$28.3M
FCF MarginFCF / Revenue
4.3%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
1.01×
TTM Free Cash FlowTrailing 4 quarters
$45.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQR
EQR
VSTS
VSTS
Q1 26
$37.7M
Q4 25
$387.0M
$30.9M
Q3 25
$476.7M
Q2 25
$359.5M
$22.9M
Q1 25
$425.5M
$6.7M
Q4 24
$354.2M
$3.8M
Q3 24
$401.4M
$295.6M
Q2 24
$396.9M
$48.7M
Free Cash Flow
EQR
EQR
VSTS
VSTS
Q1 26
$28.3M
Q4 25
$15.6M
Q3 25
Q2 25
$8.0M
Q1 25
$-6.9M
Q4 24
$-11.0M
Q3 24
$267.5M
Q2 24
$27.7M
FCF Margin
EQR
EQR
VSTS
VSTS
Q1 26
4.3%
Q4 25
2.2%
Q3 25
Q2 25
1.2%
Q1 25
-1.0%
Q4 24
-1.6%
Q3 24
39.1%
Q2 24
4.0%
Capex Intensity
EQR
EQR
VSTS
VSTS
Q1 26
1.4%
Q4 25
2.2%
Q3 25
Q2 25
2.2%
Q1 25
2.0%
Q4 24
2.2%
Q3 24
4.1%
Q2 24
3.0%
Cash Conversion
EQR
EQR
VSTS
VSTS
Q1 26
Q4 25
1.01×
Q3 25
1.65×
Q2 25
1.87×
Q1 25
1.66×
Q4 24
0.85×
4.54×
Q3 24
2.80×
Q2 24
2.24×
9.66×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EQR
EQR

Segment breakdown not available.

VSTS
VSTS

Workplace Supplies$375.2M57%
Uniforms$227.7M34%
Other$60.5M9%

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