Essex Property Trust financials
$273.01+0.52%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.89B | $1.77B | $1.67B | $1.61B | $1.44B | $1.50B | $1.46B | $1.40B | $1.36B | $1.29B |
| Gross profit | $1.89B | $1.77B | $1.67B | $1.61B | $1.44B | $1.50B | $1.46B | $1.40B | $1.36B | $1.07B |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 83.0% |
| Operating income | $599.8M | $527.5M | $525.5M | $502.9M | $387.0M | $428.1M | $484.4M | $450.3M | $448.1M | $422.6M |
| Net income | $669.7M | $741.5M | $405.8M | $408.3M | $488.6M | $568.9M | $439.3M | $390.2M | $433.1M | $411.1M |
| Net margin | 35.5% | 41.8% | 24.3% | 25.4% | 33.9% | 38.0% | 30.1% | 27.9% | 31.8% | 31.8% |
| Diluted EPS | $10.40 | $11.54 | $6.32 | $6.27 | $7.51 | $8.69 | $6.66 | $5.90 | $6.57 | $6.27 |
| EBITDA | $1.21B | $1.11B | $1.07B | $1.04B | $907.1M | $936.3M | $946.8M | $912.6M | $901.9M | $850.1M |
| Operating cash flow | $1.07B | $1.07B | $980.1M | $975.6M | $905.3M | $803.1M | $919.1M | $826.6M | $769.6M | $716.8M |
| Free cash flow | $872.2M | $929.0M | $831.8M | $688.0M | $734.3M | $694.3M | $760.8M | $643.8M | $631.9M | — |
| Diluted shares | 64.4M | 64.3M | 64.3M | 65.1M | 65.1M | 65.6M | 65.9M | 66.1M | 65.9M | 65.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $76.2M | $66.8M | $391.7M | $33.3M | $48.4M | $73.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $191.8M | $147.8M |
| Total debt | $6.80B | $6.60B | $6.21B | $5.96B | $6.29B | $6.25B |
| Total assets | $13.16B | $12.93B | $12.36B | $12.37B | $13.00B | $12.94B |
| Total liabilities | $7.42B | $7.18B | $6.74B | $6.45B | $6.79B | $6.72B |
| Shareholders' equity | $5.71B | $5.72B | $5.59B | $5.90B | $6.18B | $6.18B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology