Equity Commonwealth Key Executives
This section highlights Equity Commonwealth's key executives, including their titles and compensation details.
Find Contacts at Equity Commonwealth
(Showing 0 of )
Equity Commonwealth Earnings
This section highlights Equity Commonwealth's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-27 | N/A | N/A |
| Read Transcript | Q3 | 2024 | 2024-10-24 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-07-31 | N/A | N/A |
| Read Transcript | Q1 | 2024 | 2024-05-02 | N/A | N/A |
| Read Transcript | Q4 | 2023 | 2024-02-13 | N/A | N/A |
| Read Transcript | Q3 | 2023 | 2023-10-31 | N/A | N/A |
| Read Transcript | Q2 | 2023 | 2023-07-27 | N/A | N/A |
| Read Transcript | Q1 | 2023 | 2023-05-06 | N/A | N/A |
Financial Statements
Access annual & quarterly financial statements for Equity Commonwealth, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $47.98M | $60.52M | $63.14M | $58.00M | $66.28M |
| Cost of Revenue | $- | $27.46M | $24.18M | $25.89M | $28.86M |
| Gross Profit | $47.98M | $33.06M | $38.96M | $32.11M | $37.42M |
| Gross Profit Ratio | 100.00% | 54.63% | 61.70% | 55.36% | 56.46% |
| Research and Development Expenses | $- | $- | $1 | $-0 | $7 |
| General and Administrative Expenses | $30.09M | $36.97M | $30.38M | $37.44M | $33.23M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $30.09M | $36.97M | $30.38M | $37.44M | $33.23M |
| Other Expenses | $- | $- | $17.81M | $17.77M | $19.33M |
| Operating Expenses | $30.09M | $33.06M | $48.19M | $55.22M | $52.56M |
| Cost and Expenses | $30.09M | $81.88M | $72.37M | $81.11M | $81.42M |
| Interest Income | $- | $114.67M | $46.95M | $6.80M | $21.23M |
| Interest Expense | $- | $- | $- | $- | $620.00K |
| Depreciation and Amortization | $13.38M | $17.44M | $72.37M | $81.11M | $81.42M |
| EBITDA | $36.56M | $-3.91M | $8.58M | $-5.33M | $4.19M |
| EBITDA Ratio | 76.21% | -6.46% | 13.59% | -9.20% | 6.32% |
| Operating Income | $17.89M | $-21.36M | $-9.33M | $-16.31M | $6.09M |
| Operating Income Ratio | 37.28% | -35.29% | -14.78% | -28.12% | 9.18% |
| Total Other Income Expenses Net | $14.31M | $114.67M | $29.23M | $-10.87M | $467.48M |
| Income Before Tax | $32.20M | $93.31M | $37.81M | $-16.31M | $452.34M |
| Income Before Tax Ratio | 67.12% | 154.17% | 59.88% | -28.12% | 682.49% |
| Income Tax Expense | $-486.00K | $1.87M | $453.00K | $120.00K | $248.00K |
| Net Income | $23.66M | $91.16M | $29.27M | $-16.43M | $451.29M |
| Net Income Ratio | 49.33% | 150.62% | 46.37% | -28.32% | 680.91% |
| EPS | $0.22 | $0.76 | $0.26 | $-0.14 | $3.64 |
| EPS Diluted | $0.22 | $0.75 | $0.26 | $-0.14 | $3.56 |
| Weighted Average Shares Outstanding | 107.37M | 108.84M | 111.67M | 121.41M | 121.79M |
| Weighted Average Shares Outstanding Diluted | 108.32M | 110.19M | 112.83M | 121.41M | 126.61M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.99M | $14.11M | $15.19M | $15.15M | $15.21M | $14.59M | $15.58M | $15.79M | $15.13M | $15.54M | $16.69M | $14.39M | $13.88M | $14.88M | $14.85M | $14.71M | $16.48M | $16.27M | $18.82M | $26.00M |
| Cost of Revenue | $11.08M | $10.90M | $10.89M | $6.54M | $6.72M | $6.94M | $7.26M | $6.99M | $6.07M | $6.59M | $4.53M | $6.58M | $6.10M | $6.59M | $6.62M | $6.98M | $6.44M | $6.68M | $8.76M | $9.74M |
| Gross Profit | $2.91M | $3.21M | $4.30M | $8.60M | $8.49M | $7.65M | $8.32M | $8.80M | $9.05M | $8.95M | $12.15M | $7.81M | $7.78M | $8.29M | $8.23M | $7.73M | $10.04M | $9.59M | $10.06M | $16.25M |
| Gross Profit Ratio | 20.81% | 22.72% | 28.30% | 56.81% | 55.81% | 52.42% | 53.42% | 55.75% | 59.85% | 57.58% | 72.83% | 54.28% | 56.04% | 55.71% | 55.42% | 52.57% | 60.91% | 58.95% | 53.45% | 62.53% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $8.89M | $8.36M | $8.32M | $7.50M | $7.06M | $13.85M | $8.55M | $7.14M | $7.59M | $7.65M | $8.00M | $6.75M | $7.57M | $7.39M | $15.73M | $7.14M | $7.19M | $8.30M | $10.60M | $8.29M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $8.89M | $8.36M | $8.32M | $7.50M | $7.06M | $13.85M | $8.55M | $7.14M | $7.59M | $7.65M | $8.00M | $6.75M | $7.57M | $7.39M | $15.73M | $7.14M | $7.19M | $8.30M | $10.60M | $8.29M |
| Other Expenses | $- | $4.18M | $-8.32M | $-4.31M | $-7.06M | $-13.85M | $4.31M | $4.63M | $4.45M | $4.31M | $4.41M | $4.40M | $4.59M | $4.43M | $4.35M | $4.68M | $5.14M | $4.40M | $5.11M | $6.04M |
| Operating Expenses | $8.89M | $12.54M | $8.32M | $11.69M | $7.06M | $18.37M | $12.87M | $11.77M | $12.04M | $11.96M | $12.41M | $11.16M | $12.16M | $11.82M | $20.08M | $11.82M | $12.33M | $12.70M | $15.72M | $14.33M |
| Cost and Expenses | $19.96M | $19.26M | $19.21M | $18.23M | $7.06M | $25.31M | $20.12M | $18.76M | $18.12M | $18.55M | $16.95M | $17.74M | $18.26M | $18.41M | $26.70M | $18.79M | $18.77M | $19.38M | $24.48M | $24.07M |
| Interest Income | $30.00M | $29.77M | $29.51M | $29.67M | $29.27M | $27.35M | $28.38M | $24.26M | $15.14M | $5.96M | $1.57M | $1.73M | $1.60M | $1.63M | $1.84M | $2.28M | $2.61M | $4.44M | $11.89M | $14.52M |
| Interest Expense | $- | $- | $- | $28.31M | $- | $- | $- | $- | $- | $5.96M | $1.57M | $1.73M | $1.60M | $1.63M | $1.84M | $2.28M | $9.00K | $302.00K | $309.00K | $311.00K |
| Depreciation and Amortization | $4.21M | $4.18M | $4.36M | $4.18M | $4.44M | $4.51M | $4.31M | $4.63M | $4.45M | $4.31M | $4.41M | $4.40M | $4.59M | $4.43M | $4.35M | $4.88M | $5.33M | $4.59M | $5.30M | $6.22M |
| EBITDA | $-1.76M | $-968.00K | $333.00K | $1.10M | $1.43M | $-6.21M | $-235.00K | $1.66M | $1.46M | $1.30M | $4.15M | $1.06M | $207.00K | $897.00K | $-7.50M | $3.28M | $3.43M | $29.87M | $-545.00K | $7.96M |
| EBITDA Ratio | -12.59% | -6.86% | 2.19% | 7.26% | 9.39% | -42.54% | -1.51% | 10.50% | 9.65% | 8.38% | 24.88% | 7.36% | 1.49% | 6.03% | -50.49% | 22.32% | 20.80% | 183.66% | -2.90% | 30.64% |
| Operating Income | $-5.97M | $-5.15M | $-4.02M | $24.21M | $24.12M | $-10.72M | $-4.54M | $-2.98M | $-3.08M | $-3.01M | $-261.00K | $124.00K | $-4.38M | $-3.54M | $-11.85M | $-4.08M | $-2.29M | $-3.11M | $-5.66M | $1.93M |
| Operating Income Ratio | -42.72% | -36.50% | -26.49% | 159.83% | 158.55% | -73.47% | -29.18% | -18.86% | -20.37% | -19.37% | -1.56% | 0.86% | -31.56% | -23.76% | -79.79% | -27.77% | -13.87% | -19.13% | -30.07% | 7.41% |
| Total Other Income Expenses Net | $-20.23M | $29.77M | $29.51M | $2.38M | $24.83M | $27.35M | $28.38M | $21.84M | $10.78M | $5.96M | $1.57M | $-2.67M | $1.60M | $1.63M | $1.84M | $-2.19M | $2.73M | $31.06M | $431.21M | $14.23M |
| Income Before Tax | $-26.20M | $24.62M | $25.49M | $26.59M | $26.26M | $16.63M | $23.83M | $21.30M | $12.24M | $2.95M | $1.31M | $-1.61M | $-2.78M | $-1.91M | $-10.01M | $-1.59M | $441.00K | $27.95M | $425.55M | $16.16M |
| Income Before Tax Ratio | -187.34% | 174.50% | 167.79% | 175.53% | 172.64% | 114.00% | 153.00% | 134.92% | 80.95% | 19.00% | 7.87% | -11.19% | -20.04% | -12.83% | -67.38% | -10.82% | 2.68% | 171.81% | 2261.14% | 62.17% |
| Income Tax Expense | $22.00K | $434.00K | $30.00K | $-40.00K | $-30.00K | $796.00K | $1.08M | $372.00K | $23.00K | $50.00K | $8.00K | $26.00K | $32.00K | $31.00K | $31.00K | $78.00K | $71.00K | $59.00K | $40.00K | $165.00K |
| Net Income | $-26.19M | $24.15M | $25.41M | $26.55M | $26.15M | $15.78M | $22.68M | $20.88M | $10.19M | $2.90M | $1.30M | $-1.63M | $-2.81M | $-1.94M | $-10.02M | $-1.67M | $369.00K | $25.84M | $422.76M | $13.99M |
| Net Income Ratio | -187.22% | 171.17% | 167.25% | 175.29% | 171.88% | 108.18% | 145.64% | 132.23% | 67.39% | 18.63% | 7.80% | -11.35% | -20.23% | -13.02% | -67.46% | -11.33% | 2.24% | 158.84% | 2246.34% | 53.83% |
| EPS | $-0.26 | $0.21 | $0.22 | $0.23 | $0.22 | $0.13 | $0.19 | $0.17 | $0.09 | $0.03 | $0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.08 | $-0.01 | $0.00 | $0.21 | $3.46 | $0.11 |
| EPS Diluted | $-0.26 | $0.20 | $0.22 | $0.23 | $0.22 | $0.12 | $0.19 | $0.17 | $0.09 | $0.03 | $0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.08 | $-0.01 | $0.00 | $0.21 | $3.35 | $0.11 |
| Weighted Average Shares Outstanding | 107.46M | 107.42M | 107.22M | 106.91M | 108.93M | 109.84M | 109.72M | 109.69M | 111.31M | 112.00M | 113.74M | 119.28M | 120.12M | 122.19M | 120.15M | 121.67M | 121.67M | 121.66M | 122.15M | 122.14M |
| Weighted Average Shares Outstanding Diluted | 107.46M | 108.75M | 108.22M | 108.02M | 110.22M | 111.24M | 111.30M | 111.17M | 112.60M | 113.38M | 113.74M | 119.28M | 122.19M | 122.19M | 122.00M | 121.67M | 121.67M | 123.25M | 126.61M | 123.49M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $160.51M | $2.16B | $2.58B | $2.80B | $2.99B |
| Short Term Investments | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $160.51M | $2.16B | $2.58B | $2.80B | $2.99B |
| Net Receivables | $613.00K | $15.74M | $16.01M | $15.55M | $14.70M |
| Inventory | $- | $- | $- | $- | $- |
| Other Current Assets | $- | $- | $- | $- | $- |
| Total Current Assets | $161.12M | $2.18B | $2.60B | $2.82B | $3.00B |
| Property Plant Equipment Net | $- | $- | $238.59M | $249.66M | $258.39M |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- |
| Long Term Investments | $- | $- | $- | $- | $- |
| Tax Assets | $- | $- | $2.85B | $3.08B | $3.28B |
| Other Non-Current Assets | $132.50M | $248.77M | $-2.84B | $-3.07B | $-3.26B |
| Total Non-Current Assets | $132.50M | $248.77M | $256.65M | $264.84M | $275.74M |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $293.62M | $2.43B | $2.85B | $3.08B | $3.28B |
| Account Payables | $10.91M | $27.30M | $25.93M | $19.76M | $20.59M |
| Short Term Debt | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $-16.31M | $- | $- |
| Deferred Revenue | $- | $1.99M | $2.35M | $3.99M | $2.93M |
| Other Current Liabilities | $3.84M | $5.64M | $16.82M | $-23.75M | $8.06M |
| Total Current Liabilities | $14.75M | $34.93M | $31.15M | $26.11M | $34.51M |
| Long Term Debt | $- | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $2.35M | $3.99M | $2.93M |
| Deferred Tax Liabilities Non-Current | $- | $- | $-2.35M | $22.13M | $- |
| Other Non-Current Liabilities | $100.02M | $- | $- | $- | $-2.93M |
| Total Non-Current Liabilities | $100.02M | $- | $5.22M | $26.11M | $2.93M |
| Other Liabilities | $- | $- | $-5.22M | $-26.11M | $-2.93M |
| Total Liabilities | $114.77M | $34.93M | $31.15M | $26.11M | $34.51M |
| Preferred Stock | $- | $119.26M | $119.26M | $119.26M | $119.26M |
| Common Stock | $- | $1.07M | $1.09M | $1.15M | $1.22M |
| Retained Earnings | $- | $-1.67B | $-1.28B | $-1.20B | $-1.18B |
| Accumulated Other Comprehensive Income Loss | $- | $- | $-557.71M | $-482.64M | $-468.72M |
| Other Total Stockholders Equity | $178.60M | $3.94B | $3.98B | $4.13B | $4.29B |
| Total Stockholders Equity | $178.60M | $2.39B | $2.82B | $3.05B | $3.24B |
| Total Equity | $178.85M | $2.39B | $2.82B | $3.06B | $3.24B |
| Total Liabilities and Stockholders Equity | $293.62M | $2.43B | $2.85B | $3.08B | $3.28B |
| Minority Interest | $250.00K | $5.05M | $7.20M | $6.54M | $6.49M |
| Total Liabilities and Total Equity | $293.62M | $2.43B | $2.85B | $3.08B | $3.28B |
| Total Investments | $- | $- | $- | $- | $- |
| Total Debt | $- | $- | $7.35M | $4.78M | $5.91M |
| Net Debt | $-160.51M | $-2.16B | $-2.57B | $-2.80B | $-2.98B |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $160.51M | $2.23B | $2.20B | $2.17B | $2.16B | $2.13B | $2.15B | $2.13B | $2.58B | $2.69B | $2.69B | $2.72B | $2.80B | $2.96B | $2.97B | $2.97B | $2.99B | $3.42B | $3.44B | $3.35B |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $160.51M | $2.23B | $2.20B | $2.17B | $2.16B | $2.13B | $2.15B | $2.13B | $2.58B | $2.69B | $2.69B | $2.72B | $2.80B | $2.96B | $2.97B | $2.97B | $2.99B | $3.42B | $3.44B | $3.35B |
| Net Receivables | $613.00K | $8.05M | $17.26M | $16.59M | $15.74M | $15.17M | $16.15M | $15.61M | $16.01M | $16.23M | $15.96M | $15.64M | $15.55M | $15.47M | $15.31M | $14.63M | $14.70M | $14.49M | $13.97M | $14.96M |
| Inventory | $- | $- | $- | $-0 | $- | $- | $- | $-1 | $- | $-0 | $- | $- | $- | $- | $- | $- | $- | $-0 | $1 | $1 |
| Other Current Assets | $- | $86.80M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $4.10M | $59.12M |
| Total Current Assets | $161.12M | $2.32B | $2.21B | $2.19B | $2.18B | $2.14B | $2.17B | $2.14B | $2.60B | $2.71B | $2.71B | $2.74B | $2.82B | $2.98B | $2.98B | $2.99B | $3.00B | $3.43B | $3.46B | $3.42B |
| Property Plant Equipment Net | $- | $- | $234.29M | $235.34M | $231.35M | $232.77M | $234.91M | $236.84M | $238.59M | $241.46M | $244.60M | $246.77M | $249.66M | $252.22M | $254.90M | $258.13M | $258.39M | $257.88M | $258.66M | $259.10M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $132.50M | $- | $16.37M | $16.91M | $17.42M | $18.06M | $17.74M | $18.19M | $18.06M | $18.47M | $16.42M | $15.68M | $15.17M | $15.35M | $20.27M | $16.86M | $17.35M | $18.16M | $18.64M | $22.53M |
| Total Non-Current Assets | $132.50M | $121.13M | $250.66M | $252.26M | $248.77M | $250.82M | $252.65M | $255.03M | $256.65M | $259.93M | $261.02M | $262.44M | $264.84M | $267.57M | $275.17M | $275.00M | $275.74M | $276.05M | $277.31M | $281.63M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $293.62M | $2.44B | $2.46B | $2.44B | $2.43B | $2.39B | $2.42B | $2.40B | $2.85B | $2.97B | $2.97B | $3.00B | $3.08B | $3.24B | $3.26B | $3.26B | $3.28B | $3.71B | $3.73B | $3.70B |
| Account Payables | $10.91M | $17.62M | $19.59M | $20.83M | $27.30M | $23.03M | $20.02M | $19.64M | $25.93M | $21.70M | $18.62M | $15.51M | $19.76M | $27.39M | $19.21M | $21.01M | $20.59M | $25.70M | $25.82M | $25.97M |
| Short Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $303.00K | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $-16.31M | $- | $- | $- | $452.34M | $- | $7.10M | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $1.32M | $2.71M | $2.17M | $1.99M | $2.13M | $3.13M | $2.81M | $2.35M | $2.64M | $2.76M | $3.73M | $3.99M | $2.42M | $2.37M | $2.98M | $2.93M | $1.86M | $2.52M | $2.12M |
| Other Current Liabilities | $3.84M | $9.00M | $-22.29M | $-23.00M | $-29.29M | $-25.16M | $-23.15M | $4.98M | $16.82M | $110.95M | $-1.49M | $-3.22M | $-453.96M | $-29.82M | $-28.68M | $2.09M | $8.06M | $436.24M | $3.27M | $4.20M |
| Total Current Liabilities | $14.75M | $27.95M | $25.95M | $26.36M | $34.93M | $31.55M | $30.02M | $30.25M | $31.15M | $137.93M | $22.66M | $19.75M | $26.11M | $32.77M | $24.43M | $29.06M | $34.51M | $465.67M | $34.13M | $33.96M |
| Long Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $24.98M | $25.04M |
| Deferred Revenue Non-Current | $- | $1.32M | $2.71M | $2.17M | $1.99M | $2.13M | $3.13M | $2.81M | $2.35M | $2.64M | $2.76M | $3.73M | $3.99M | $2.42M | $2.37M | $2.98M | $2.93M | $1.86M | $2.52M | $2.12M |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $100.02M | $-1.32M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-2.98M | $-2.93M | $-1.86M | $- | $- |
| Total Non-Current Liabilities | $100.02M | $- | $25.95M | $26.36M | $34.93M | $31.55M | $30.02M | $22.46M | $5.22M | $116.22M | $21.38M | $19.24M | $23.75M | $32.77M | $24.43M | $2.98M | $2.93M | $1.86M | $25.28M | $25.49M |
| Other Liabilities | $- | $- | $-25.95M | $-26.36M | $-34.93M | $-31.55M | $-30.02M | $-22.46M | $-5.22M | $-116.22M | $-21.38M | $-19.24M | $-23.75M | $-32.77M | $-24.43M | $-2.98M | $-2.93M | $-1.86M | $- | $- |
| Total Liabilities | $114.77M | $27.95M | $25.95M | $26.36M | $34.93M | $31.55M | $30.02M | $30.25M | $31.15M | $137.93M | $22.66M | $19.75M | $26.11M | $32.77M | $24.43M | $29.06M | $34.51M | $465.67M | $59.41M | $59.44M |
| Preferred Stock | $- | $119.26M | $119.26M | $119.26M | $119.26M | $119.26M | $119.26M | $119.26M | $119.26M | $119.26M | $119.26M | $119.26M | $119.26M | $119.26M | $119.26M | $119.26M | $119.26M | $119.26M | $119.26M | $119.26M |
| Common Stock | $- | $1.07M | $1.07M | $1.07M | $1.07M | $1.07M | $1.10M | $1.10M | $1.09M | $1.11M | $1.11M | $1.13M | $1.15M | $1.22M | $1.22M | $1.22M | $1.22M | $1.22M | $1.22M | $1.22M |
| Retained Earnings | $- | $-1.65B | $-1.63B | $-1.65B | $-1.67B | $-1.70B | $-1.72B | $-1.74B | $-1.28B | $-1.30B | $-1.20B | $-1.20B | $-1.20B | $-1.20B | $-1.19B | $-1.19B | $-1.18B | $-1.18B | $-742.33M | $-768.16M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $-887.96M | $-1.07M | $1.55B | $1.58B | $-991.38M | $-1.01B | $-557.71M | $-578.35M | $-478.69M | $-480.97M | $-482.64M | $-481.57M | $-478.68M | $4.30B | $-468.72M | $-467.44M | $-36.61M | $-64.44M |
| Other Total Stockholders Equity | $178.60M | $3.94B | $3.94B | $3.94B | $3.94B | $3.93B | $3.98B | $3.98B | $3.98B | $4.01B | $4.02B | $4.05B | $4.13B | $4.28B | $4.30B | $4.30B | $4.29B | $4.29B | $4.29B | $4.29B |
| Total Stockholders Equity | $178.60M | $2.41B | $2.43B | $2.41B | $2.39B | $2.35B | $2.38B | $2.36B | $2.82B | $2.82B | $2.94B | $2.97B | $3.05B | $3.21B | $3.23B | $3.23B | $3.24B | $3.24B | $3.67B | $3.64B |
| Total Equity | $178.85M | $2.41B | $2.44B | $2.41B | $2.39B | $2.36B | $2.39B | $2.37B | $2.82B | $2.83B | $2.95B | $2.98B | $3.06B | $3.21B | $3.23B | $3.23B | $3.24B | $3.24B | $3.67B | $3.64B |
| Total Liabilities and Stockholders Equity | $293.62M | $2.44B | $2.46B | $2.44B | $2.43B | $2.39B | $2.42B | $2.40B | $2.85B | $2.97B | $2.97B | $3.00B | $3.08B | $3.24B | $3.26B | $3.26B | $3.28B | $3.71B | $3.73B | $3.70B |
| Minority Interest | $250.00K | $3.47M | $3.50M | $4.98M | $5.05M | $7.97M | $7.85M | $7.66M | $7.20M | $7.14M | $7.39M | $7.29M | $6.54M | $6.52M | $6.54M | $6.44M | $6.49M | $6.49M | $7.35M | $7.03M |
| Total Liabilities and Total Equity | $293.62M | $2.44B | $2.46B | $2.44B | $2.43B | $2.39B | $2.42B | $2.40B | $2.85B | $2.97B | $2.97B | $3.00B | $3.08B | $3.24B | $3.26B | $3.26B | $3.28B | $3.71B | $3.73B | $3.70B |
| Total Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $25.28M | $25.49M |
| Net Debt | $-160.51M | $-2.23B | $-2.20B | $-2.17B | $-2.16B | $-2.13B | $-2.15B | $-2.13B | $-2.58B | $-2.69B | $-2.69B | $-2.72B | $-2.80B | $-2.96B | $-2.97B | $-2.97B | $-2.99B | $-3.42B | $-3.41B | $-3.32B |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $31.71M | $91.44M | $37.36M | $-16.43M | $452.09M |
| Depreciation and Amortization | $11.61M | $17.44M | $17.81M | $17.77M | $20.10M |
| Deferred Income Tax | $- | $- | $- | $- | $-446.88M |
| Stock Based Compensation | $9.10M | $15.98M | $11.94M | $15.44M | $13.21M |
| Change in Working Capital | $- | $-2.50M | $-2.21M | $729.00K | $-5.42M |
| Accounts Receivables | $- | $- | $-6.09M | $81.00K | $-2.12M |
| Inventory | $- | $- | $- | $410.00K | $3.10M |
| Accounts Payables | $-2.07M | $-401.00K | $5.51M | $-410.00K | $-3.10M |
| Other Working Capital | $- | $-2.10M | $-1.63M | $648.00K | $-3.30M |
| Other Non Cash Items | $46.70M | $-93.00K | $141.00K | $-1.41M | $221.00K |
| Net Cash Provided by Operating Activities | $99.13M | $122.27M | $65.04M | $16.11M | $33.33M |
| Investments in Property Plant and Equipment | $- | $- | $-3.58M | $-6.80M | $-12.04M |
| Acquisitions Net | $- | $- | $1.00K | $- | $-30.00K |
| Purchases of Investments | $- | $- | $3.48M | $- | $-643.22M |
| Sales Maturities of Investments | $- | $- | $97.00K | $- | $655.29M |
| Other Investing Activities | $13.92M | $-5.69M | $-3.48M | $-6.80M | $643.25M |
| Net Cash Used for Investing Activities | $13.92M | $-5.69M | $-3.48M | $-6.80M | $643.25M |
| Debt Repayment | $- | $- | $- | $- | $-25.44M |
| Common Stock Issued | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-3.06M | $-60.20M | $-159.87M | $-181.49M | $-26.90M |
| Dividends Paid | $- | $-476.22M | $-120.19M | $-14.01M | $-435.78M |
| Other Financing Activities | $-11.13M | $-1.85M | $-279.00K | $-33.00K | $-1.88M |
| Net Cash Used Provided by Financing Activities | $-11.13M | $-538.26M | $-280.34M | $-195.53M | $-490.00M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $101.92M | $-421.69M | $-218.78M | $-186.23M | $186.58M |
| Cash at End of Period | $2.26B | $2.16B | $2.58B | $2.80B | $2.99B |
| Cash at Beginning of Period | $2.16B | $2.58B | $2.80B | $2.99B | $2.80B |
| Operating Cash Flow | $99.13M | $122.27M | $65.04M | $16.11M | $33.33M |
| Capital Expenditure | $- | $- | $-3.58M | $-6.80M | $-12.04M |
| Free Cash Flow | $99.13M | $122.27M | $61.46M | $9.31M | $21.29M |
Cash Flow Charts
| Breakdown | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-26.19M | $24.15M | $25.41M | $26.63M | $26.23M | $15.84M | $22.75M | $20.93M | $12.22M | $2.90M | $1.30M | $-1.64M | $-2.81M | $-1.94M | $-10.04M | $-1.67M | $370.00K | $27.89M | $425.51M | $16.00M |
| Depreciation and Amortization | $4.29M | $4.18M | $4.36M | $4.18M | $4.44M | $4.51M | $4.31M | $4.63M | $4.45M | $4.31M | $4.41M | $4.40M | $4.59M | $4.43M | $4.35M | $4.88M | $5.33M | $4.59M | $5.30M | $6.22M |
| Deferred Income Tax | $- | $-434.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-208.00K | $-71.00K | $-26.92M | $-419.62M | $-24.00K |
| Stock Based Compensation | $2.76M | $2.62M | $2.56M | $2.50M | $2.50M | $7.99M | $2.99M | $2.88M | $2.88M | $2.99M | $3.18M | $2.85M | $2.99M | $2.91M | $6.69M | $3.32M | $3.32M | $3.27M | $3.30M | $3.37M |
| Change in Working Capital | $2.13M | $2.12M | $-9.71M | $3.05M | $2.02M | $-358.00K | $-7.22M | $3.83M | $-969.00K | $921.00K | $-5.99M | $91.00K | $3.06M | $-3.28M | $855.00K | $-4.70M | $-58.00K | $2.19M | $-2.86M | $-586.00K |
| Accounts Receivables | $582.00K | $211.00K | $-793.00K | $-657.00K | $441.00K | $-861.00K | $-662.00K | $-379.00K | $-3.37M | $-1.07M | $-1.26M | $-326.00K | $80.00K | $58.00K | $269.00K | $-1.10M | $-1.53M | $1.25M | $-733.00K | $-2.03M |
| Inventory | $- | $- | $- | $401.00K | $-2.58M | $-186.00K | $- | $- | $- | $- | $- | $1.79M | $- | $- | $- | $-1.56M | $- | $- | $- | $7.16M |
| Accounts Payables | $3.40M | $1.37M | $-9.10M | $6.62M | $2.58M | $186.00K | $-7.02M | $8.96M | $-1.94M | $2.96M | $-4.47M | $-2.93M | $2.93M | $-2.73M | $535.00K | $-3.10M | $2.13M | $- | $-1.13M | $-5.31M |
| Other Working Capital | $-1.84M | $751.00K | $-617.00K | $-3.31M | $1.58M | $503.00K | $460.00K | $-4.75M | $4.34M | $-969.00K | $-254.00K | $1.56M | $51.00K | $-3.34M | $51.00K | $1.07M | $1.47M | $942.00K | $-996.00K | $-406.00K |
| Other Non Cash Items | $50.11M | $9.44M | $20.21M | $-538.00K | $-107.00K | $273.00K | $279.00K | $382.00K | $-151.00K | $-100.00K | $10.00K | $-130.00K | $-409.00K | $-561.00K | $-307.00K | $-6.00K | $-430.00K | $455.00K | $142.00K | $-129.00K |
| Net Cash Provided by Operating Activities | $33.10M | $32.91M | $22.44M | $35.83M | $35.08M | $28.25M | $23.11M | $32.66M | $18.44M | $11.03M | $2.92M | $5.58M | $7.42M | $1.56M | $1.55M | $1.62M | $8.46M | $11.47M | $11.78M | $24.85M |
| Investments in Property Plant and Equipment | $-1.78M | $-5.87M | $-5.05M | $-1.08M | $-1.54M | $-1.90M | $-1.18M | $-388.00K | $-662.00K | $-1.88M | $-650.00K | $-824.00K | $-1.91M | $-467.00K | $-3.61M | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $7.00K | $90.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $-5.87M | $-5.05M | $-1.08M | $-1.54M | $-1.90M | $-1.18M | $-381.00K | $-572.00K | $-1.88M | $-650.00K | $-824.00K | $1.48M | $-3.85M | $-3.61M | $-3.92M | $-4.94M | $81.06M | $571.06M | $-4.64M |
| Net Cash Used for Investing Activities | $-1.78M | $-5.87M | $-5.05M | $-1.08M | $-1.54M | $-1.90M | $-1.18M | $-381.00K | $-572.00K | $-1.88M | $-650.00K | $-824.00K | $1.48M | $-3.85M | $-3.61M | $-3.92M | $-4.94M | $81.06M | $571.06M | $-4.64M |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-25.15M | $-146.00K | $-148.00K | $-145.00K |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $-3.06M | $-56.80M | $-56.80M | $- | $-3.40M | $-29.39M | $-15.02M | $-37.58M | $-77.88M | $-163.32M | $-11.12M | $-948.00K | $-6.09M | $-2.00K | $-14.00K | $- | $-26.88M | $- |
| Dividends Paid | $-2.00M | $-2.00M | $-4.03M | $-2.00M | $-2.00M | $-2.00M | $-470.23M | $-112.73M | $-2.00M | $-2.00M | $-3.46M | $-2.00M | $-2.00M | $-2.00M | $-8.02M | $-427.86M | $-2.00M | $-2.00M | $-3.93M | $-429.49M |
| Other Financing Activities | $- | $-50.00K | $- | $-3.00K | $- | $- | $-1.84M | $-280.00K | $- | $- | $1.00K | $- | $- | $-33.00K | $- | $-852.00K | $- | $-30.00K | $-997.00K | $-170.00K |
| Net Cash Used Provided by Financing Activities | $-2.00M | $-2.05M | $-7.09M | $-2.00M | $-58.80M | $-2.00M | $-475.47M | $-142.41M | $-17.01M | $-39.58M | $-81.33M | $-165.32M | $-13.12M | $-2.98M | $-14.11M | $-428.71M | $-27.16M | $-2.17M | $-31.96M | $-429.80M |
| Effect of Forex Changes on Cash | $- | $- | $- | $1.52M | $50.09M | $-1.52M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $29.33M | $24.99M | $10.30M | $32.75M | $-25.26M | $24.36M | $-453.53M | $-110.13M | $851.00K | $-30.43M | $-79.07M | $-160.57M | $-4.22M | $-5.26M | $-16.17M | $-431.01M | $-23.64M | $90.36M | $550.88M | $-409.59M |
| Cash at End of Period | $2.23B | $2.20B | $2.17B | $2.16B | $2.13B | $2.15B | $2.13B | $2.58B | $2.69B | $2.69B | $2.72B | $2.80B | $2.96B | $2.97B | $2.97B | $2.99B | $3.42B | $3.44B | $3.35B | $2.80B |
| Cash at Beginning of Period | $2.20B | $2.17B | $2.16B | $2.13B | $2.15B | $2.13B | $2.58B | $2.69B | $2.69B | $2.72B | $2.80B | $2.96B | $2.97B | $2.97B | $2.99B | $3.42B | $3.44B | $3.35B | $2.80B | $3.21B |
| Operating Cash Flow | $33.10M | $32.91M | $22.44M | $35.83M | $35.08M | $28.25M | $23.11M | $32.66M | $18.44M | $11.03M | $2.92M | $5.58M | $7.42M | $1.56M | $1.55M | $1.62M | $8.46M | $11.47M | $11.78M | $24.85M |
| Capital Expenditure | $10.93M | $-5.87M | $-5.05M | $-1.08M | $-1.54M | $-1.90M | $-1.18M | $-388.00K | $-662.00K | $-1.88M | $-650.00K | $-824.00K | $-1.91M | $-467.00K | $-3.61M | $- | $- | $- | $- | $- |
| Free Cash Flow | $44.03M | $27.04M | $17.39M | $34.75M | $33.54M | $26.36M | $21.93M | $32.27M | $17.77M | $9.15M | $2.27M | $4.76M | $5.51M | $1.10M | $-2.06M | $1.62M | $8.46M | $11.47M | $11.78M | $24.85M |
Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC's same property portfolio is comprised of 4 properties and 1.5 million square feet.
$1.58
Stock Price
$169.73M
Market Cap
22
Employees
Chicago, IL
Location
Revenue (FY 2024)
$47.98M
-20.7% YoY
Net Income (FY 2024)
$23.66M
-74.0% YoY
EPS (FY 2024)
$0.22
-70.7% YoY
Free Cash Flow (FY 2024)
$99.13M
-18.9% YoY
Profitability
Gross Margin
100.0%
Net Margin
49.3%
ROE
13.2%
ROA
8.1%
Valuation
P/E Ratio
8.03
P/S Ratio
3.96
EV/EBITDA
0.81
Market Cap
$169.73M
Revenue & Net Income
Profit Margins
Cash Flow Summary
Operating Cash Flow
$99.13M
-18.9% YoY
Free Cash Flow
$99.13M
-18.9% YoY
Balance Sheet Summary
Total Assets
$293.62M
-87.9% YoY
Total Debt
$-
0.0% YoY
Shareholder Equity
$178.60M
-92.4% YoY
Dividend Overview
$0.00
Latest Dividend
%
Dividend Yield
%
Payout Ratio
Recent Dividend History
| Date | Amount | Type |
|---|---|---|
| 2025-04-11 | $0.00 | April 11, 25 |
| 2024-12-09 | $19.00 | December 09, 24 |
| 2023-02-22 | $4.25 | February 22, 23 |
| 2022-09-28 | $1.00 | September 28, 22 |
| 2020-09-30 | $3.50 | September 30, 20 |
| 2019-10-04 | $3.50 | October 04, 19 |
| 2018-10-05 | $2.50 | October 05, 18 |
| 2014-01-09 | $0.25 | January 09, 14 |
| 2013-10-23 | $0.25 | October 23, 13 |
| 2013-07-24 | $0.25 | July 24, 13 |
Equity Commonwealth Dividends
Explore Equity Commonwealth's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
1073.45%
Dividend Payout Ratio
8621.06%
Dividend Paid & Capex Coverage Ratio
0.05x
Equity Commonwealth Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0 | $0 | April 11, 2025 | |||
| $19 | $19 | December 09, 2024 | November 25, 2024 | ||
| $4.25 | $4.25 | February 22, 2023 | February 23, 2023 | March 09, 2023 | February 13, 2023 |
| $1 | $1 | September 28, 2022 | September 29, 2022 | October 18, 2022 | September 08, 2022 |
| $3.5 | $3.5 | September 30, 2020 | October 01, 2020 | October 20, 2020 | September 16, 2020 |
| $3.5 | $3.5 | October 04, 2019 | October 07, 2019 | October 23, 2019 | September 24, 2019 |
| $2.5 | $2.5 | October 05, 2018 | October 09, 2018 | October 23, 2018 | September 26, 2018 |
| $0.25 | $0.25 | January 09, 2014 | January 13, 2014 | February 21, 2014 | January 03, 2014 |
| $0.25 | $0.25 | October 23, 2013 | October 25, 2013 | November 22, 2013 | October 09, 2013 |
| $0.25 | $0.25 | July 24, 2013 | July 26, 2013 | August 23, 2013 | July 09, 2013 |
| $0.25 | $0.25 | April 19, 2013 | April 23, 2013 | May 22, 2013 | April 08, 2013 |
| $0.25 | $0.25 | January 17, 2013 | January 22, 2013 | February 21, 2013 | January 10, 2013 |
| $0.25 | $0.25 | October 18, 2012 | October 22, 2012 | November 21, 2012 | October 09, 2012 |
| $0.5 | $0.5 | July 24, 2012 | July 26, 2012 | August 24, 2012 | July 09, 2012 |
| $0.5 | $0.5 | April 19, 2012 | April 23, 2012 | May 24, 2012 | April 05, 2012 |
| $0.5 | $0.5 | January 18, 2012 | January 20, 2012 | February 21, 2012 | January 10, 2012 |
| $0.5 | $0.5 | October 19, 2011 | October 21, 2011 | November 22, 2011 | October 05, 2011 |
| $0.5 | $0.5 | July 07, 2011 | July 11, 2011 | August 25, 2011 | July 01, 2011 |
| $0.5 | $0.5 | April 19, 2011 | April 21, 2011 | May 24, 2011 | April 05, 2011 |
| $0.5 | $0.5 | January 19, 2011 | January 21, 2011 | February 22, 2011 | January 05, 2011 |
Equity Commonwealth News
Read the latest news about Equity Commonwealth, including recent articles, headlines, and updates.
Equity Commonwealth Declares Its Final Cash Liquidating Distribution of $1.60 Per Common Share and Its Plan to Delist from NYSE
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) announced today that its Board of Trustees has authorized the Company's final cash liquidating distribution of $1.60 per common share (the “Final Cash Liquidating Distribution”) which will be paid on April 22, 2025 to shareholders of record on April 11, 2025. This brings the aggregate cash liquidating distributions to $20.60 per common share, inclusive of the $19.00 per share paid in December. The Company also intends to.
Equity Commonwealth (EQC) Q4 2024 Earnings Call Transcript
Equity Commonwealth (NYSE:EQC ) Q4 2024 Results Conference Call February 27, 2025 2:00 PM ET Company Participants Bill Griffiths - Chief Financial Officer Operator Good afternoon, and thanks for joining this call to discuss Equity Commonwealth's progress for the year ended December 31, 2024, and an update on the wind-down process. [Operator Instructions] As a reminder, this conference is being recorded.
Equity Commonwealth Completes Sale of 1225 Seventeenth Street Plaza and Reports 2024 Results
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) announced today that it closed on the sale of its last remaining property, 1225 Seventeenth Street, a 709,402 square foot office property in Denver, Colorado, for a gross sale price of $132.5 million, on February 25, 2025. The net purchase price was approximately $124.4 million after credits primarily for contractual lease costs. With this sale of its last remaining property, the Company is also updating the estimated agg.
Equity Commonwealth Announces Time Change for Its Fourth Quarter and Full Year 2024 Conference Call
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (“the Company”) announced today a change to the timing of the previously announced fourth quarter and full year 2024 conference call. The call will now be held on Thursday, February 27, 2025, at 1:00 pm Central Time, rather than the previously scheduled time of 9:00 am Central Time. As previously announced, the Company's fourth quarter and full year results will be released before the market opens on Thursday, February 27, 2025. The conf.
Equity Commonwealth Agrees to Sell 1225 Seventeenth Street Plaza
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (“the Company”) announced today that it is under contract to sell its last remaining property, 1225 Seventeenth Street, a 709,402 square foot office property in Denver, Colorado, for a gross sale price of $132.5 million. The net purchase price is expected to be approximately $124.4 million after credits primarily for contractual lease costs. The buyer has completed due diligence, and the earnest money deposit is non-refundable. The sale.
Equity Commonwealth Announces Tax Treatment of 2024 Distributions
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) today announced the tax treatment of its 2024 common and preferred share distributions, which is as follows: Common Stock (CUSIP No. 294628102) Record Date Payment Date Total Distribution per Share 2024 Cash Liquidation Distribution1 11/25/2024 12/6/2024 $ 19.00 $ 19.00 Series D Cumulative Convertible Preferred Stock (CUSIP No. 294628201) Record Date Payment Date Total Distribution per Share 2024 Taxable Ordinary Dividends 2024 Section 1.
Equity Commonwealth Announces Fourth Quarter and Full Year 2024 Conference Call
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced today that the company will release its fourth quarter and full year 2024 results before the market opens on Thursday, February 27, 2025. A conference call to discuss those results will be held on Thursday, February 27, 2025, at 9:00 am Central Time. The conference call will be available via live audio webcast on the Investor Relations section of the company's website (www.eqcre.com). A replay of the audio webcast will also be.
The State Of REITs: January 2025 Edition
The REIT sector took a beating in December with an average total return of -6.85% but still finished in the black for full year 2024 (+3.70%). Small cap (-5.98%) and mid cap REITs (-6.62%) outperformed large caps (-7.43%) and micro caps (-8.63%) in December. Only 9.68% of REIT securities had a positive total return in December. 55.63% had a positive total return for all of 2024.
'Tis The Season For REIT Dividends
U.S. equity markets climbed to fresh record-highs while benchmark interest rates dipped sharply, as investors parsed inflation data and deliberated the potential implementation and impacts of Trump Administration policies. Markets cheered the nomination of Scott Bessent for US Treasury Secretary, reflecting expectations that the implementation of hawkish trade and immigration policies would consider the impacts on U.S. financial markets. Extending its post-election gains to around 6%, the S&P 500 advanced another 1.2% this week. The Small-Cap 600 gained 1.1% this week - lifting its post-election gains to over 10%.
Equity Commonwealth Completes Sale of 1250 H Street
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced it completed the sale of 1250 H Street, a 196,000 square foot office property, located in Washington, D.C., for a sales price of $27.5 million. About Equity Commonwealth Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT). Regulation FD Disclosures We use any of the following to comply with our disclosure obligations under Regulation FD: press releases, SEC.
Equity Commonwealth Declares Initial Cash Liquidating Distribution of $19.00 Per Common Share and Announces Ex-Dividend Date
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) announced today that its Board of Trustees has authorized an initial cash liquidating distribution of $19.00 per common share (the “Initial Liquidating Distribution”) which will be paid on December 6, 2024 to shareholders of record on November 25, 2024. The Company is also updating the estimated aggregate shareholder liquidating distribution range of $19.50 to $21.00 per common share disclosed in its definitive proxy stat.
Equity Commonwealth: No Upside In Liquidation
Equity Commonwealth is liquidating, with a final distribution value range of $19.5 - $21 per share, expected to delist in Q2 2025. The company has sold most assets, with a significant write-down on Texas properties, reflecting broader office REIT market trends. The remaining Denver property is valued at $153 million (likely to be written down on sale), contributing to a total cash value of around $2.25 billion, an insufficient 4% upside.
Equity Commonwealth Announces Voting Results of Special Shareholder Meeting and Payment of Liquidation Preference for Series D Preferred Shares
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) held a special meeting of shareholders (the “Special Meeting”) today, November 12, 2024. At the Special Meeting, the Company's shareholders (i) approved the Plan of Sale and Dissolution of the Company (the “Plan of Sale”), including the wind-down and complete liquidation of the Company, and the dissolution and termination of the Company, including the establishment of a Liquidating Entity, as defined in the definitive pro.
Equity Commonwealth Completes Sales of Bridgepoint Square and 206 E. 9th Street
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced it completed the sales of Bridgepoint Square, a 440,000 square foot office property, and 206 E 9th Street, a 176,000 square foot office property, both located in Austin, Texas, for a total sales price of $64.5 million. About Equity Commonwealth Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC's.
Equity Commonwealth (EQC) Q3 2024 Earnings Call Transcript
Equity Commonwealth (NYSE:EQC ) Q3 2024 Earnings Conference Call October 24, 2024 11:00 AM ET Company Participants David Helfand - President and CEO William Griffiths - CFO David Weinberg - COO Conference Call Participants Craig Mailman - Citi Operator Good morning and thanks for joining this call to discuss Equity Commonwealth's Results for the Quarter Ending September 30, 2024, in an update on the Company. At this time, all participants are in a listen-only mode.
Equity Commonwealth Declares Series D Preferred Dividend
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced today that its Board of Trustees declared a dividend on the company's Series D Preferred Shares. A quarterly dividend of $0.40625 per Series D Preferred Share will be paid on November 15, 2024 to shareholders of record on October 31, 2024 for the period from August 15, 2024 through November 14, 2024. About Equity Commonwealth Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate inv.
Equity Commonwealth Sets 2024 Virtual Special Meeting of Shareholders
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) today announced that it has filed a definitive proxy statement (the “Definitive Proxy”) with the U.S. Securities and Exchange Commission (the “SEC”) related to a Special Meeting of Shareholders (the “Special Shareholder Meeting”) for the following purpose: (i) to consider and vote upon the Plan of Sale and Dissolution of the Company (the “Plan of Sale”), including the wind-down and complete liquidation of the Company, and.
Equity Commonwealth Announces Third Quarter 2024 Earnings Conference Call
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced today that the company will release its third quarter 2024 operating results on Wednesday, October 23, 2024, after the close of trading. A conference call to discuss those results will be held on Thursday, October 24, 2024, at 9:00 am Central Time. The conference call will be available via live audio webcast on the Investor Relations section of the company's website (www.eqcre.com). A replay of the audio webcast will also be av.
Equity Commonwealth Sets Record Date for Special Shareholder Meeting
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) today announced that its Board of Trustees has established October 1, 2024 as the record date (the “Record Date”) for the special shareholder meeting (the “Special Shareholder Meeting”) at which the Company will seek shareholder approval of its proposed Plan of Sale and Dissolution (the “Plan of Sale”) as disclosed in the preliminary proxy statement (the “Preliminary Proxy”) filed by the Company with the U.S. Securities a.
Equity Commonwealth Files Preliminary Proxy in Connection with Proposed Plan of Sale and Dissolution of the Company
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) today announced that it has filed a preliminary proxy statement (the “Preliminary Proxy”) with the U.S. Securities and Exchange Commission (the “SEC”) related to a special shareholder meeting for the following purpose: (i) to consider and vote upon the Plan of Sale and Dissolution of the Company (the “Plan of Sale”), including the wind-down and complete liquidation of the Company, and the dissolution and termination of th.
Equity Commonwealth (EQC) Q2 2024 Earnings Call Transcript
Equity Commonwealth (NYSE:EQC ) Q2 2024 Results Conference Call July 31, 2024 10:00 AM ET Company Participants David Helfand - President and CEO David Weinberg - COO Bill Griffiths - CFO Conference Call Participants Nick Joseph - Citi Operator Good morning, and thanks for joining this call to discuss Equity Commonwealth's results for the quarter ending June 30, 2024, and an update on the company. [Operator Instructions].
Equity Commonwealth Announces $150 Million Share Repurchase Authorization
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) today announced that its Board of Trustees authorized the repurchase, from July 1, 2024 through June 30, 2025, of up to an additional $150 million of its outstanding common shares under the company's existing share repurchase program. The company still has $93 million remaining under its prior authorization that expires on June 30, 2024. Year-to-date through June 18, 2024 the company has not repurchased any shares. Purchases made pursuan.
Equity Commonwealth: Analyzing Potential Preferred Share Returns
By the end of the year, management will announce either a transformative acquisition or the wind down of the business. If the business winds down, an investment in the company's preferred shares might offer an opportunity for risk-free returns. An investment below the preferred share liquidation value of $25.00 offers limited downside.
Equity Commonwealth: Conservative Capital Structure With A 9-18% Upside
Equity Commonwealth is an Office REIT owning just 4 office buildings but with a $2.17 billion cash pile. The company's portfolio has a leased rate of only 75.4%. Despite lower cash basis NOI, normalized FFO increased 13% Y/Y due to higher interest income.
Equity Commonwealth (EQC) Q1 2024 Earnings Call Transcript
Equity Commonwealth (OTCPK:NABZY) Q1 2024 Results Conference Call May 2, 2024 10:00 AM ET Company Participants David Helfand - President and CEO David Weinberg - COO Bill Griffiths - CFO Conference Call Participants Craig Mailman - Citi Operator Good morning, and thank you for joining this call to discuss Equity Commonwealth's Results for the Quarter Ending March 31, 2024, and an Update on the Company. At this time, all participants are in a listen-only mode.
Equity Commonwealth Reports First Quarter 2024 Results
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) today reported financial results for the quarter ended March 31, 2024. Financial results for the quarter ended March 31, 2024 Net income attributable to common shareholders was $23.4 million, or $0.22 per diluted share, for the quarter ended March 31, 2024. This compares to net income attributable to common shareholders of $20.7 million, or $0.19 per diluted share, for the quarter ended March 31, 2023. The increase in net income was prim.
Equity Commonwealth Announces First Quarter 2024 Earnings Conference Call
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced today that the company will release its first quarter 2024 operating results on Wednesday, May 1, 2024, after the close of trading. A conference call to discuss those results will be held on Thursday, May 2, 2024, at 9:00 am Central Time. The conference call will be available via live audio webcast on the Investor Relations section of the company's website (www.eqcre.com). A replay of the audio webcast will also be available fo.
Land & Buildings Calls on Equity Commonwealth to Take Long Overdue Step of Liquidating Remaining Assets and Returning Capital to Shareholders
STAMFORD, Conn.--(BUSINESS WIRE)--Today, Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings”), a 3% shareholder of Equity Commonwealth (NYSE: EQC) (“EQC” or the “Company”), released a letter it recently sent to the Company's Board of Directors (the “Board”). Land & Buildings Founder and Chief Investment Officer Jonathan Litt stated: “For some time, it has been our view that given the makeup of EQC's real estate portfolio, the Company's more.
Similar Companies
Related Metrics
Explore detailed financial metrics and analysis for EQC.