Essex Property Trust, Inc. (ESS)

Paramount Global Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	1,830	1,764	1,658	1,596	1,431	1,486
Property Management Fees	9.7	10.27	11.13	11.14	9.14	9.6
Other Revenue	48.37	48.21	10.56	26.03	111.72	66.51
Total Revenue	1,888	1,823	1,680	1,633	1,552	1,562
Revenue Growth (YoY	9.79%	8.49%	2.89%	5.19%	-0.64%	-1.36%
Property Expenses	590.6	567.82	531.95	510.11	481.65	476.56
Selling, General & Administrative	94.04	98.9	63.47	56.58	51.84	65.39
Depreciation & Amortization	597.66	580.22	548.44	539.32	520.07	525.5
Total Operating Expenses	1,282	1,247	1,144	1,106	1,054	1,067
Operating Income	605.65	575.72	536.1	526.84	498.72	494.81
Interest Expense	-248.47	-235.53	-212.91	-204.8	-203.13	-220.63
Interest & Investment Income	19.41	30.1	28.55	21.5	57.3	7.2
Other Non-Operating Income	3.95	3.1	3.15	7.91	10.77	10.73
EBT Excluding Unusual Items	380.53	373.39	354.89	351.45	363.67	292.11
Gain (Loss) on Sale of Investments	78.93	219.83	9.31	-17.89	23.1	266.88
Gain (Loss) on Sale of Assets	412.79	175.58	59.24	94.42	142.99	64.97
Total Insurance Settlements	-	-	-	-	-	0.08
Asset Writedown	-	-	-	-	-	-1.83
Total Legal Settlements	-	42.5	7.7	4.2	-	-
Other Unusual Items	-0.76	-	-0.43	0.81	-14.07	-22.88
Pretax Income	871.48	811.31	430.71	432.99	515.69	599.33
Earnings From Continuing Operations	871.48	811.31	430.71	432.99	515.69	599.33
Minority Interest in Earnings	-71.14	-69.78	-24.88	-24.67	-27.14	-30.46
Net Income	800.35	741.52	405.83	408.32	488.55	568.87
Net Income to Common	800.35	741.52	405.83	408.32	488.55	568.87
Net Income Growth	54.41%	82.72%	-0.61%	-16.42%	-14.12%	29.50%
Basic Shares Outstanding	64	64	64	65	65	65
Diluted Shares Outstanding	64	64	64	65	65	66
Shares Change (YoY)	0.20%	-0.00%	-1.30%	0.01%	-0.73%	-0.57%
EPS (Basic)	12.45	11.55	6.32	6.27	7.51	8.69
EPS (Diluted)	12.44	11.54	6.32	6.27	7.51	8.69
EPS Growth	54.17%	82.71%	0.74%	-16.51%	-13.56%	30.46%
Dividend Per Share	10.040	9.800	9.240	8.800	8.360	8.310
Dividend Growth	5.46%	6.06%	5.00%	5.26%	0.60%	6.54%
Operating Margin	32.08%	31.59%	31.91%	32.27%	32.13%	31.67%
Profit Margin	42.39%	40.68%	24.16%	25.01%	31.47%	36.41%
EBITDA	1,203	1,156	1,085	1,066	1,019	1,020
EBITDA Margin	63.74%	63.42%	64.56%	65.30%	65.63%	65.31%
D&A For Ebitda	597.66	580.22	548.44	539.32	520.07	525.5
EBIT	605.65	575.72	536.1	526.84	498.72	494.81
EBIT Margin	32.08%	31.59%	31.91%	32.27%	32.13%	31.67%
Funds From Operations (FFO)	1,033	1,064	1,014	923.36	941.05	865.27
FFO Per Share	15.50	15.99	15.24	13.70	13.98	12.78
Adjusted Funds From Operations (AFFO)	-	1,064	1,014	923.36	941.05	865.27
AFFO Per Share	-	15.99	15.24	13.70	13.98	12.78
FFO Payout Ratio	61.73%	58.32%	57.90%	61.29%	57.69%	61.96%
Revenue as Reported	1,840	1,774	1,669	1,607	1,441	1,496

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q