Essex Property Trust, Inc. (ESS) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, Essex Property Trust reported revenue of $1.89B, up 6.4% from $1.77B the year before. Net income was $669.7M (a 35.5% net margin), or $10.40 per diluted share. Gross margin was 69.9% and operating margin was 47.6%. Operating activities generated $1.07B of cash. At fiscal year end, Essex Property Trust held $13.16B in total assets against $7.42B in total liabilities, including $76.2M of cash and equivalents.
Open the full interactive Essex Property Trust financials → Quarterly statements, key ratios, valuation history and price charts.
Essex Property Trust Key Stats
| Share Price | $271.88 |
|---|---|
| Market Cap | $17.48B |
| P/E Ratio | 26.1 |
| Revenue YoY Growth | +6.4% |
| 52-Week Range | $232.76 – $295.51 |
| Shares Outstanding | 64.3 million (basic, 2026 Q2) |
Essex Property Trust Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.50B | $1.44B | $1.61B | $1.67B | $1.77B | $1.89B |
| Cost of Goods Sold | $1.07B | $1.05B | $1.11B | $1.14B | $1.25B | $1.29B |
| Gross Profit | $426.5M | $387.0M | $500.8M | $525.1M | $1.24B | $1.32B |
| Operating Income | $491.4M | $530.0M | $595.2M | $584.3M | $703.1M | $899.3M |
| Pre-Tax Income | $568.9M | $488.6M | $408.3M | $405.8M | $741.5M | $669.7M |
| Net Income | $568.9M | $488.6M | $408.3M | $405.8M | $741.5M | $669.7M |
| Diluted EPS | $8.69 | $7.51 | $6.27 | $6.32 | $11.54 | $10.40 |
Essex Property Trust Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $473.3M | $479.6M | $484.8M | $489.0M |
| Net Income | $164.6M | $80.6M | $106.2M | $62.5M |
| Diluted EPS | $2.56 | $1.25 | $1.65 | $0.97 |
Essex Property Trust Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $73.6M | $48.4M | $33.3M | $391.7M | $66.8M | $76.2M |
| Total Assets | $12.94B | $13.00B | $12.37B | $12.36B | $12.93B | $13.16B |
| Total Long-Term Debt | $643.5M | $639.0M | $5.96B | $6.21B | $6.60B | $6.80B |
| Total Liabilities | $6.72B | $6.79B | $6.45B | $6.74B | $7.18B | $7.42B |
| Shareholders' Equity | $6.00B | $5.99B | $5.72B | $5.42B | $5.54B | $5.54B |
Essex Property Trust Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $803.1M | $905.3M | $975.6M | $980.1M | $1.07B | $1.07B |
| Cash From Investing | -$416.9M | -$397.4M | $146.0M | -$145.1M | -$973.1M | -$552.5M |
| Cash From Financing | -$383.3M | -$533.3M | -$1.14B | -$477.3M | -$419.7M | -$512.2M |
Figures from Essex Property Trust's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Essex Property Trust financials page for every line item.
Essex Property Trust Company Profile
| Ticker | ESS |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | San Mateo, California |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000920522 |
Frequently Asked Questions
What was Essex Property Trust's revenue in fiscal 2025?
Essex Property Trust (ESS) reported revenue of $1.89B for fiscal 2025.
What is Essex Property Trust's annual revenue history?
Essex Property Trust's annual revenue by fiscal year: 2020: $1.50B; 2021: $1.44B; 2022: $1.61B; 2023: $1.67B; 2024: $1.77B; 2025: $1.89B.
What was Essex Property Trust's net income in fiscal 2025?
Essex Property Trust reported net income of $669.7M for fiscal 2025.
What was Essex Property Trust's earnings per share (EPS) in fiscal 2025?
Essex Property Trust's diluted EPS was $10.40 for fiscal 2025 (adjusted for any later stock splits).
What was Essex Property Trust's revenue last quarter?
In its most recent reported quarter (2026 Q2), Essex Property Trust reported revenue of $489.0M.
How much debt does Essex Property Trust have?
Essex Property Trust reported $6.80B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Essex Property Trust are outstanding?
Essex Property Trust reported a weighted average of 64.3 million basic shares outstanding in 2026 Q2.
What is Essex Property Trust's market cap?
Based on its latest closing price, Essex Property Trust (ESS) has a market capitalization of about $17.48B.
When does Essex Property Trust's fiscal year end?
Essex Property Trust's fiscal year end, as registered with the SEC, is December 31.
Where is Essex Property Trust headquartered?
Essex Property Trust lists its business address in San Mateo, California in its SEC filings.