Essex Property Trust, Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 1.44B | 1.61B | 1.67B | 1.77B | 1.90B | 7.1% | |
| Cost of Revenue | (232.25M) | (497.74M) | (532.05M) | (566.82M) | (592.61M) | 4.6% | |
Gross Profit | 1.21B | 1.11B | 1.14B | 1.21B | 1.31B | 8.3% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (51.84M) | (56.58M) | (63.47M) | (98.90M) | (68.65M) | -30.6% | |
| General & Administrative | (51.84M) | (56.58M) | (63.47M) | (98.90M) | (68.65M) | -30.6% | |
| Depreciation & Amortization | (520.07M) | (539.32M) | (548.44M) | (580.22M) | (607.54M) | 4.7% | |
Operating Income (EBIT) | 530.00M | 595.23M | 584.34M | 703.10M | 834.03M | 18.6% | |
| Non-Operating Items | |||||||
| Interest Income | 98.74M | — | 46.26M | 80.95M | 17.00M | -79.0% | |
| Interest Expense | (203.13M) | (223.84M) | (212.91M) | (235.53M) | (257.25M) | 9.2% | |
| Other Income/Expenses (Net) | -14.30M | -162.24M | -153.63M | 108.21M | -136.07M | -225.7% | |
Income Before Tax | 515.69M | 432.99M | 430.71M | 811.31M | 697.96M | -14.0% | |
| Income Tax Expense | — | — | — | — | (257.00K) | — | |
Net Income | 488.55M | 408.31M | 405.82M | 741.52M | 672.49M | -9.3% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $8 | $6 | $6 | $12 | $10 | -9.9% | |
| Weighted Avg Shares Outstanding | 65.05M | 65.08M | 64.25M | 64.23M | 64.46M | 0.4% | |
| Weighted Avg Shares Outstanding (Diluted) | 65.09M | 65.10M | 64.25M | 64.25M | 64.46M | 0.3% | |
EBITDA | 1.50B | 1.20B | 1.19B | 1.63B | 1.56B | -4.0% |
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