• Equity Residential average pre-tax profit margin for 2024 was 34.14%, a 12.82% increase from 2023.
• Equity Residential average pre-tax profit margin for 2023 was 30.26%, a 33.32% increase from 2022.
• Equity Residential average pre-tax profit margin for 2022 was 45.38%, a 15.65% decline from 2021.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.