Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026

Essex Property Trust (ESS)

NYSE Real Estate Multi-Family Residential REITs S&P 500
$272.18
+0.84 (+0.31%)
Close of Nov 06, 2026 · end-of-day data
Source: Essex Property Trust's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$1.29B$1.36B$9.18M$9.53M$9.60M$9.14M$11.14M$11.13M$10.27M$9.38M
Gross profit——————$1.13B$1.17B$1.24B$1.32B
Operating income$420.80M$472.94M$511.99M$481.11M$491.44M$530.00M$595.23M$584.34M$703.10M$899.32M
Interest expense$219.65M$222.89M$220.49M$217.34M$220.63M$203.12M$204.80M$212.91M$235.53M$258.40M
Net income$414.98M$433.06M$390.15M$439.29M$568.87M$488.55M$408.31M$405.82M$741.52M$669.67M
EBITDA$862.48M$941.83M$991.87M$964.86M$1.02B$1.05B$1.13B$1.13B$1.28B$1.51B
EPS (basic)$6.28$6.58$5.91$6.67$8.69$7.51$6.27$6.32$11.55$10.40
EPS (diluted)$6.27$6.57$5.90$6.66$8.69$7.51$6.27$6.32$11.54$10.40
Diluted shares65.59M65.90M66.09M65.94M65.56M65.09M65.10M64.25M64.25M64.40M
Gross margin——————10130.2%10515.7%12105.7%14060.1%
Operating margin32.5%34.7%5575.4%5050.0%5120.2%5799.9%5343.6%5249.7%6849.4%9586.6%
Net margin32.1%31.8%4248.6%4611.0%5927.0%5346.4%3665.6%3645.9%7223.8%7138.5%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$64.92M$44.62M$134.47M$70.09M$73.63M$48.42M$33.30M$391.75M$66.80M$76.24M
Total assets$12.22B$12.50B$12.38B$12.71B$12.94B$13.00B$12.37B$12.36B$12.93B$13.16B
Long-term debt$2.19B$2.01B$1.81B$990.67M$643.55M$638.96M————
Total debt$2.19B$2.01B$1.81B$990.67M$643.55M$638.96M————
Total liabilities$5.88B$6.06B$5.95B$6.26B$6.72B$6.79B$6.45B$6.74B$7.18B$7.42B
Shareholders' equity$6.19B$6.28B$6.27B$6.22B$6.00B$5.99B$5.72B$5.42B$5.54B$5.54B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$716.79M$769.61M$826.55M$919.08M$803.11M$905.26M$975.65M$980.06M$1.07B$1.07B
Free cash flow$716.79M$769.61M$826.55M$919.08M$803.11M$905.26M$975.65M$980.06M$1.07B$1.07B
Investing cash flow-$413.07M-$567.94M-$59.89M-$527.69M-$416.90M-$397.40M$145.96M-$145.14M-$973.05M-$552.48M
Financing cash flow-$256.47M-$310.84M-$676.39M-$461.69M-$383.26M-$533.26M-$1.14B-$477.27M-$419.74M-$512.20M
Share buybacks$1.04M$0$51.23M$56.99M$269.31M$9.17M$189.73M$95.66M$0$0
Stock-based compensation$9.81M$9.29M$7.13M$7.01M$8.16M$7.31M$7.21M$8.03M$7.16M$9.64M
Depreciation & amortization$441.68M$468.88M$479.88M$483.75M$525.50M$520.07M$539.32M$548.44M$580.22M$607.54M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.