Essex Property Trust, Inc. (ESS)
NYSE: ESS · Real-Time Price · USD
255.41
-2.83 (-1.10%)
Mar 6, 2026, 3:45 PM EST - Market open
Essex Property Trust Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Rental Revenue | 1,878 | 1,764 | 1,658 | 1,596 | 1,431 | Upgrade
|
| Property Management Fees | 9.38 | 10.27 | 11.13 | 11.14 | 9.14 | Upgrade
|
| Other Revenue | 48.1 | 51.93 | 44.26 | 26.03 | 111.72 | Upgrade
|
| Total Revenue | 1,935 | 1,826 | 1,714 | 1,633 | 1,552 | Upgrade
|
| Revenue Growth (YoY | 5.97% | 6.58% | 4.95% | 5.19% | -0.64% | Upgrade
|
| Property Expenses | 608.06 | 567.82 | 531.95 | 510.11 | 481.65 | Upgrade
|
| Selling, General & Administrative | 71.95 | 98.9 | 63.47 | 56.58 | 51.84 | Upgrade
|
| Depreciation & Amortization | 607.54 | 580.22 | 548.44 | 539.32 | 520.07 | Upgrade
|
| Total Operating Expenses | 1,288 | 1,247 | 1,144 | 1,106 | 1,054 | Upgrade
|
| Operating Income | 647.89 | 579.44 | 569.8 | 526.84 | 498.72 | Upgrade
|
| Interest Expense | -258.4 | -235.53 | -212.91 | -204.8 | -203.13 | Upgrade
|
| Interest & Investment Income | 16.2 | 30.1 | 28.55 | 21.5 | 57.3 | Upgrade
|
| Other Non-Operating Income | 4.73 | 3.1 | 3.15 | 7.91 | 10.77 | Upgrade
|
| EBT Excluding Unusual Items | 410.41 | 377.12 | 388.59 | 351.45 | 363.67 | Upgrade
|
| Gain (Loss) on Sale of Investments | -6.4 | 216.11 | -24.39 | -17.89 | 23.1 | Upgrade
|
| Gain (Loss) on Sale of Assets | 299.52 | 175.58 | 59.24 | 94.42 | 142.99 | Upgrade
|
| Total Legal Settlements | - | 42.5 | 7.7 | 4.2 | - | Upgrade
|
| Other Unusual Items | -0.76 | - | -0.43 | 0.81 | -14.07 | Upgrade
|
| Pretax Income | 702.77 | 811.31 | 430.71 | 432.99 | 515.69 | Upgrade
|
| Earnings From Continuing Operations | 702.77 | 811.31 | 430.71 | 432.99 | 515.69 | Upgrade
|
| Minority Interest in Earnings | -33.11 | -69.78 | -24.88 | -24.67 | -27.14 | Upgrade
|
| Net Income | 669.67 | 741.52 | 405.83 | 408.32 | 488.55 | Upgrade
|
| Net Income to Common | 669.67 | 741.52 | 405.83 | 408.32 | 488.55 | Upgrade
|
| Net Income Growth | -9.69% | 82.72% | -0.61% | -16.42% | -14.12% | Upgrade
|
| Basic Shares Outstanding | 64 | 64 | 64 | 65 | 65 | Upgrade
|
| Diluted Shares Outstanding | 64 | 64 | 64 | 65 | 65 | Upgrade
|
| Shares Change (YoY) | 0.23% | -0.00% | -1.30% | 0.01% | -0.73% | Upgrade
|
| EPS (Basic) | 10.40 | 11.55 | 6.32 | 6.27 | 7.51 | Upgrade
|
| EPS (Diluted) | 10.40 | 11.54 | 6.32 | 6.27 | 7.51 | Upgrade
|
| EPS Growth | -9.88% | 82.71% | 0.74% | -16.51% | -13.56% | Upgrade
|
| Dividend Per Share | 10.280 | 9.800 | 9.240 | 8.800 | 8.360 | Upgrade
|
| Dividend Growth | 4.90% | 6.06% | 5.00% | 5.26% | 0.60% | Upgrade
|
| Operating Margin | 33.48% | 31.73% | 33.25% | 32.27% | 32.13% | Upgrade
|
| Profit Margin | 34.60% | 40.60% | 23.68% | 25.01% | 31.47% | Upgrade
|
| EBITDA | 1,255 | 1,160 | 1,118 | 1,066 | 1,019 | Upgrade
|
| EBITDA Margin | 64.86% | 63.50% | 65.25% | 65.30% | 65.63% | Upgrade
|
| D&A For Ebitda | 607.54 | 580.22 | 548.44 | 539.32 | 520.07 | Upgrade
|
| EBIT | 647.89 | 579.44 | 569.8 | 526.84 | 498.72 | Upgrade
|
| EBIT Margin | 33.48% | 31.73% | 33.25% | 32.27% | 32.13% | Upgrade
|
| Funds From Operations (FFO) | 1,065 | 1,064 | 1,014 | 923.36 | 941.05 | Upgrade
|
| FFO Per Share | 15.98 | 15.99 | 15.24 | 13.70 | 13.98 | Upgrade
|
| Adjusted Funds From Operations (AFFO) | 1,065 | 1,064 | 1,014 | 923.36 | 941.05 | Upgrade
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| AFFO Per Share | 15.98 | 15.99 | 15.24 | 13.70 | 13.98 | Upgrade
|
| FFO Payout Ratio | 61.41% | 58.32% | 57.90% | 61.29% | 57.69% | Upgrade
|
| Revenue as Reported | 1,887 | 1,774 | 1,669 | 1,607 | 1,441 | Upgrade
|
Source: S&P Capital IQ. Real Estate template. Financial Sources.