Essex Property Trust, Inc. (ESS)

Essex Property Trust Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	741.52	405.83	408.32	488.55
Depreciation & Amortization	580.22	548.44	539.32	520.07
Other Amortization	7.8	6.91	6.71	9.54
Gain (Loss) on Sale of Assets	-175.58	-59.24	-94.42	-142.99
Gain (Loss) on Sale of Investments	-218.9	-10.01	28.12	-38.76
Stock-Based Compensation	7.16	8.03	7.21	7.31
Income (Loss) on Equity Investments	14.66	66.23	69.23	-6.89
Change in Accounts Payable	25.19	5.34	-17.27	22.3
Change in Other Net Operating Assets	30.1	-6.99	14.81	11.02
Other Operating Activities	56.32	15.46	13.24	34.98
Operating Cash Flow	1,068	980.06	975.65	905.26
Operating Cash Flow Growth	9.00%	0.45%	7.78%	12.72%
Acquisition of Real Estate Assets	-1,150	-245.92	-309.49	-386.13
Sale of Real Estate Assets	247.29	99.39	157.99	297.45
Net Sale / Acq. of Real Estate Assets	-903	-146.53	-151.51	-88.68
Investment in Marketable & Equity Securities	-7.73	6.14	-110.08	-313.49
Other Investing Activities	-62.33	-4.75	407.54	4.77
Investing Cash Flow	-973.05	-145.14	145.96	-397.4
Long-Term Debt Issued	2,222	1,442	1,376	1,796
Long-Term Debt Repaid	-1,933	-1,199	-1,730	-1,763
Net Debt Issued (Repaid)	289.71	243.5	-353.73	33.26
Issuance of Common Stock	12.31	-	19.53	58.5
Repurchase of Common Stock	-3.22	-99.48	-191.94	-14.62
Common Dividends Paid	-620.47	-586.98	-565.92	-542.86
Total Dividends Paid	-620.47	-586.98	-565.92	-542.86
Other Financing Activities	-98.08	-34.31	-45.5	-67.55
Net Cash Flow	-324.49	357.65	-15.96	-25.4
Cash Interest Paid	223.22	207.04	198.32	194.2
Levered Free Cash Flow	817.56	731.48	973.01	654.64
Unlevered Free Cash Flow	956.97	857.63	1,094	772.06
Change in Working Capital	55.29	-1.65	-2.46	33.32

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q