Vivmark ResidentialVMRK

NYSEReal EstateReal Estate Investment Trusts
Price (close)
$61.05
Market cap
$22.9B
P/E
26.1x
Revenue (TTM)
—
Net income
$875.4M
Dividend yield
3.44%
1-year total return
-1.0%
Net margin
—
Revenue growth
—
Debt / equity
0.14x

What Vivmark Residential does.

Equity Residential (“EQR”) is committed to creating communities where people thrive. The Company, a member of the S&P 500, owns and manages rental properties in dynamic metro areas across the U.S. ERP Operating Limited Partnership (“ERPOP”) is focused on conducting the multifamily property business of EQR. EQR is a Maryland real estate investment trust (“REIT”) formed in March 1993 and ERPOP is an Illinois limited partnership formed in May 1993. References to the “Company,” “we,” “us” or “our” mean collectively EQR, ERPOP and those entities/subsidiaries owned or controlled by EQR and/or ERPOP. References to the “Operating Partnership” mean collectively ERPOP and those entities/subsidiaries owned or controlled by ERPOP.

EQR is the general partner of, and as of December 31, 2025 owned an approximate 97.6% ownership interest in, ERPOP. All of the Company’s property ownership, development and related business operations are conducted through the Operating Partnership and EQR has no material assets or liabilities other than its investment in ERPOP. EQR issues equity from time to time, the net proceeds of which it is obligated to contribute to ERPOP, but does not have any indebtedness as all debt is incurred by the Operating Partnership. The Operating Partnership holds substantially all of the assets of the Company, including the Company’s ownership interests in its joint ventures. The Operating Partnership conducts the operations of the business and is structured as a partnership with no publicly traded equity.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$2.6B—————
Net income$913.6M$1.3B$776.9M$835.4M$1.0B$1.1B
Free cash flow——————

More on VMRK.

Figures from Vivmark Residential's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.