Essex Property Trust, Inc. (ESS)
NYSE: ESS · Real-Time Price · USD
302.58
-1.51 (-0.50%)
Dec 3, 2024, 12:11 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 | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Rental Revenue | 1,731 | 1,658 | 1,596 | 1,431 | 1,486 | 1,451 | Upgrade
|
| Property Management Fees | 10.65 | 11.13 | 11.14 | 9.14 | 9.6 | 9.53 | Upgrade
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| Other Revenue | 10.71 | 10.56 | 26.03 | 111.72 | 66.51 | 123.64 | Upgrade
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| Total Revenue | 1,752 | 1,680 | 1,633 | 1,552 | 1,562 | 1,584 | Upgrade
|
| Revenue Growth (YoY | 3.18% | 2.89% | 5.19% | -0.64% | -1.36% | 6.62% | Upgrade
|
| Property Expenses | 555.88 | 531.95 | 510.11 | 481.65 | 476.56 | 430.76 | Upgrade
|
| Selling, General & Administrative | 87.11 | 63.47 | 56.58 | 51.84 | 65.39 | 54.26 | Upgrade
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| Depreciation & Amortization | 569.8 | 548.44 | 539.32 | 520.07 | 525.5 | 483.75 | Upgrade
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| Total Operating Expenses | 1,213 | 1,144 | 1,106 | 1,054 | 1,067 | 968.77 | Upgrade
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| Operating Income | 539.65 | 536.1 | 526.84 | 498.72 | 494.81 | 615.02 | Upgrade
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| Interest Expense | -229.38 | -212.91 | -204.8 | -203.13 | -220.63 | -217.34 | Upgrade
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| Interest & Investment Income | 44.34 | 36.25 | 25.7 | 57.3 | 7.2 | 9.97 | Upgrade
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| Other Non-Operating Income | 2.84 | 3.15 | 7.91 | 10.77 | 10.73 | 8.45 | Upgrade
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| EBT Excluding Unusual Items | 357.44 | 362.59 | 355.65 | 363.67 | 292.11 | 416.09 | Upgrade
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| Gain (Loss) on Sale of Investments | 187.72 | 9.31 | -17.89 | 23.1 | 266.88 | 54.05 | Upgrade
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| Gain (Loss) on Sale of Assets | - | 59.24 | 94.42 | 142.99 | 64.97 | -3.16 | Upgrade
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| Total Insurance Settlements | - | - | - | - | 0.08 | 0.86 | Upgrade
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| Asset Writedown | - | - | - | - | -1.83 | -7.11 | Upgrade
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| Other Unusual Items | - | -0.43 | 0.81 | -14.07 | -22.88 | 3.72 | Upgrade
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| Pretax Income | 579.96 | 430.71 | 432.99 | 515.69 | 599.33 | 464.45 | Upgrade
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| Earnings From Continuing Operations | 579.96 | 430.71 | 432.99 | 515.69 | 599.33 | 464.45 | Upgrade
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| Net Income to Company | 579.96 | 430.71 | 432.99 | 515.69 | 599.33 | 464.45 | Upgrade
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| Minority Interest in Earnings | -30.5 | -24.88 | -24.67 | -27.14 | -30.46 | -25.16 | Upgrade
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| Net Income | 549.46 | 405.83 | 408.32 | 488.55 | 568.87 | 439.29 | Upgrade
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| Net Income to Common | 549.46 | 405.83 | 408.32 | 488.55 | 568.87 | 439.29 | Upgrade
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| Net Income Growth | 4.54% | -0.61% | -16.42% | -14.12% | 29.50% | 12.59% | Upgrade
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| Basic Shares Outstanding | 64 | 64 | 65 | 65 | 65 | 66 | Upgrade
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| Diluted Shares Outstanding | 64 | 64 | 65 | 65 | 66 | 66 | Upgrade
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| Shares Change (YoY) | -0.25% | -1.30% | 0.01% | -0.73% | -0.57% | -0.22% | Upgrade
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| EPS (Basic) | 8.56 | 6.32 | 6.27 | 7.51 | 8.69 | 6.67 | Upgrade
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| EPS (Diluted) | 8.56 | 6.32 | 6.27 | 7.51 | 8.69 | 6.66 | Upgrade
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| EPS Growth | 4.83% | 0.74% | -16.51% | -13.56% | 30.46% | 12.88% | Upgrade
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| Dividend Per Share | 9.660 | 9.240 | 8.800 | 8.360 | 8.310 | 7.800 | Upgrade
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| Dividend Growth | 5.81% | 5.00% | 5.26% | 0.60% | 6.54% | 4.84% | Upgrade
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| Operating Margin | 30.79% | 31.91% | 32.27% | 32.13% | 31.67% | 38.83% | Upgrade
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| Profit Margin | 31.35% | 24.16% | 25.01% | 31.47% | 36.41% | 27.74% | Upgrade
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| Free Cash Flow Margin | 60.13% | 58.34% | 59.75% | 58.32% | 51.41% | 58.03% | Upgrade
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| EBITDA | 1,109 | 1,085 | 1,066 | 1,019 | 1,020 | 1,099 | Upgrade
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| EBITDA Margin | 63.31% | 64.56% | 65.29% | 65.63% | 65.31% | 69.38% | Upgrade
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| D&A For Ebitda | 569.8 | 548.44 | 539.32 | 520.07 | 525.5 | 483.75 | Upgrade
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| EBIT | 539.65 | 536.1 | 526.84 | 498.72 | 494.81 | 615.02 | Upgrade
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| EBIT Margin | 30.79% | 31.91% | 32.27% | 32.13% | 31.67% | 38.83% | Upgrade
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| Funds From Operations (FFO) | 1,075 | 1,014 | 923.36 | 941.05 | 865.27 | 936.35 | Upgrade
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| FFO Per Share | 16.17 | 15.24 | 13.70 | 13.98 | 12.78 | 13.73 | Upgrade
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| Adjusted Funds From Operations (AFFO) | - | 1,014 | 923.36 | 941.05 | 865.27 | 936.35 | Upgrade
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| AFFO Per Share | - | 15.24 | 13.70 | 13.98 | 12.78 | 13.73 | Upgrade
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| FFO Payout Ratio | 56.85% | 57.90% | 61.29% | 57.69% | 61.96% | 54.23% | Upgrade
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| Revenue as Reported | 1,742 | 1,669 | 1,607 | 1,441 | 1,496 | 1,460 | Upgrade
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Source: S&P Capital IQ. Real Estate template. Financial Sources.