• Equity Residential average ebitda margin for 2023 was 72.77%, a 20.58% increase from 2022.
• Equity Residential average ebitda margin for 2022 was 91.63%, a 4.35% decline from 2021.
• Equity Residential average ebitda margin for 2021 was 87.81%, a 0.13% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.