Essex Property Trust, Inc. (ESS)
NYSE: ESS · Real-Time Price · USD
285.62
-2.42 (-0.84%)
Aug 6, 2026, 12:49 PM EDT - Market open

Essex Property Trust Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,9271,8871,7741,6691,6071,441
Revenue Growth
4.74%6.36%6.29%3.90%11.54%-3.69%
Gross Profit
1,3601,3281,2531,1821,140995.32
Operating Income
562.81599.79527.51525.1500.81387
Net Income
413.84669.67741.52405.83408.32488.55
Earnings Per Share
6.4310.4011.546.326.277.51
EPS Growth
-48.31%-9.88%82.59%0.80%-16.51%-13.58%

Revenue by Geography

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Southern California
775.57763.12714.98654.42646.25574.13
Northern California
794.32760.82663.83628.88615.68584.03
Seattle Metro
316.55313.41295282.09271.25239.84
Other Real Estate Assets
3140.6190.3892.8762.533.42
Revenue (Total)
1,9271,8871,7741,6691,6071,441

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
150.49174.31136.59479.54146.04240.25
Total Debt
6,7486,8526,6546,2716,0276,358
Net Cash (Debt)
-6,598-6,677-6,518-5,791-5,881-6,118
Net Cash Growth
------
Net Cash Per Share
-102.46-103.69-101.44-90.13-90.34-93.99

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,1181,0741,068980.06975.65905.26
Capital Expenditures
-537.37-1,116-1,150-245.92-309.49-386.13
Free Cash Flow
580.66-41.08-81.98734.15666.16519.13
Free Cash Flow Growth
---10.21%28.32%447.37%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
70.56%70.38%70.61%70.78%70.92%69.09%
Operating Margin
29.21%31.78%29.73%31.45%31.17%26.86%
Pretax Margin
36.27%37.24%45.72%25.80%26.95%36.89%
Profit Margin
22.71%37.24%45.72%25.80%26.95%35.80%
FCF Margin
30.14%-2.18%-4.62%43.98%41.46%36.04%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
10.36010.2809.8009.2408.8008.360
Dividend Per Share Growth
2.79%4.90%6.06%5.00%5.26%0.60%
Dividend Yield
3.63%3.88%3.38%3.68%4.10%2.37%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
44.4025.1624.7339.2333.8046.90
P/FCF Ratio
---21.6820.5544.27
PS Ratio
9.638.9310.349.548.5215.95