Essex Property Trust (ESS) financials
Essex Property Trust revenue and earnings by year
Essex Property Trust's revenue was $1.89 billion in the fiscal year to December 31, 2025, up 6.4% from the year before. Net income was $670 million, 35.5% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 4.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.89 | 1.77 | 1.67 | 1.61 | 1.44 | 1.50 | 1.46 | 1.40 | 1.36 | 1.29 |
| Revenue growth | 6.4% | 6.3% | 3.9% | 11.5% | -3.7% | 2.4% | 4.3% | 2.7% | 5.4% | — |
| Operating income | 0.60 | 0.53 | 0.53 | 0.50 | 0.39 | 0.43 | 0.48 | 0.51 | 0.47 | 0.42 |
| Operating margin | 31.8% | 29.7% | 31.5% | 31.2% | 26.9% | 28.5% | 32.9% | 36.6% | 34.7% | 32.5% |
| Net income | 0.67 | 0.74 | 0.41 | 0.41 | 0.49 | 0.57 | 0.44 | 0.39 | 0.43 | 0.41 |
| Net margin | 35.5% | 41.8% | 24.3% | 25.4% | 33.9% | 38.0% | 30.1% | 27.9% | 31.8% | 32.1% |
| Diluted EPS | $10.40 | $11.54 | $6.32 | $6.27 | $7.51 | $8.69 | $6.67 | $5.90 | $6.58 | $6.27 |
| Free cash flow | -0.04 | -0.08 | 0.73 | 0.67 | 0.52 | 0.09 | 0.46 | 0.47 | 0.28 | 0.18 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open ESS in Markets.
See also: ESS valuation and P/E history · ESS returns
No forecast, no recommendation. This page describes Essex Property Trust from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.