Essex Property Trust Reit revenue and financials

ESS · NYSE · USD

$272.49+0.21%+$0.56

Close · October 6, 2026

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%.

Annual revenue · 2025: $1.89B

$1.29B2016
$1.36B2017
$1.4B2018
$1.46B2019
$1.5B2020
$1.44B2021
$1.61B2022
$1.67B2023
$1.77B2024
$1.89B2025

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.

Income statement · Annual
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	648	579	570	527	499	—	—	—	—	—
EBITDA	1,255	1,160	1,118	1,066	1,019	—	—	—	—	—
Interest expense	258	236	213	205	203	221	217	220	223	220
Pre-tax income	703	811	431	433	516	—	—	—	—	—
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	489	—	—	—	—	—
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	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
Dividend per share	10.28	9.80	9.24	8.80	8.36	—	—	—	—	—