Essex Property Trust Reit revenue and financials
$268.65Change from previous close: −0.32%Absolute change: −$0.86
In the fiscal year ended December 2025, Essex Property Trust Reit reported revenue of $1.89B (+6.36% year over year). Net income was $702.77M, a net margin of 37.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +6.36%
- 2025 vs 2024
- Net income growth
- −13.38%
- 2025 vs 2024
- Net margin
- 37.2%
- 2024: 45.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,887 | 1,774 | 1,669 | 1,607 | 1,441 | 1,496 | 1,460 | 1,400 | 1,364 | 1,294 |
| Cost of revenue | 608 | 567 | 531 | 508 | — | — | — | — | — | — |
| Gross profit | 1,319 | 1,243 | 1,171 | 1,128 | — | — | — | — | — | — |
| Selling, general and administrative | 71.9 | 98.9 | 63.5 | 56.6 | — | — | — | — | — | — |
| Operating income | 899 | 703 | 584 | 595 | 530 | 491 | 481 | 512 | 473 | 421 |
| EBIT | 961 | 1,047 | 644 | 657 | — | — | — | — | — | — |
| EBITDA | 1,569 | 1,627 | 1,192 | 1,196 | — | — | — | — | — | — |
| Interest expense | 258 | 236 | 213 | 205 | 203 | 221 | 217 | 220 | 223 | 220 |
| Pre-tax income | 703 | 811 | 431 | 433 | — | — | — | — | — | — |
| Income tax | — | — | — | -10.2 | 15.7 | — | — | — | — | — |
| Net income | 703 | 811 | 431 | 433 | 516 | 599 | 464 | 390 | 433 | 415 |
| Net income to common shareholders | 670 | 742 | 406 | 408 | — | — | — | — | — | — |
| Basic EPS | 10.40 | 11.55 | 6.32 | 6.27 | 7.51 | 8.69 | 6.67 | 5.91 | 6.58 | 6.28 |
| Diluted EPS | 10.40 | 11.54 | 6.32 | 6.27 | 7.51 | 8.69 | 6.66 | 5.90 | 6.57 | 6.27 |
| Average shares (basic) | 64.4 | 64.2 | 64.3 | 65.1 | — | — | — | — | — | — |
| Average shares (diluted) | 64.4 | 64.3 | 64.3 | 65.1 | 65.1 | 65.6 | 65.9 | 66.1 | 65.9 | 65.6 |
