• Equity Residential average net profit margin for 2023 was 28.76%, a 33.15% increase from 2022.
• Equity Residential average net profit margin for 2022 was 43.02%, a 12.18% decline from 2021.
• Equity Residential average net profit margin for 2021 was 38.35%, a 1.59% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.