ESS
Essex Prop REIT (ESS)
NYSE
$279.32+$3.04 (+1.10%)
Price as of Jun 23, 2026 6:35 PM EDT
  • $17.8B
    Market Cap
  • 0.55%
    1-Year Change
  • REIT - Residential
    Industry
Annual
Quarterly
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Income Statement
Total Operating Revenue
1.9B
+6.36%
1.8B
+6.29%
1.7B
+3.89%
1.6B
+11.54%
Cost of Revenue
124.5M
-19.28%
154.2M
-2.70%
158.5M
+13.09%
140.2M
+21.87%
Gross Profit
207.8M
-83.30%
1.2B
+395.11%
251.4M
+7.94%
232.9M
+33.35%
Sales and Marketing Expense
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Research and Development Expense
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Depreciation and Amortization Expense
607.5M
+4.71%
580.2M
+5.80%
548.4M
+1.69%
539.3M
+3.70%
Total Operating Expenses
1.3B
+3.26%
1.2B
+8.97%
1.1B
+3.46%
1.1B
+4.98%
Operating Profit
899.3M
+27.91%
703.1M
+20.32%
584.3M
-1.83%
595.2M
+12.31%
Interest Income
N/A
N/A
8.3M
-16.58%
10.0M
N/A
N/A
N/A
Interest Expense
N/A
N/A
N/A
N/A
-212.9M
+3.96%
-204.8M
+0.82%
Interest Income and Expense and Net
0
-100.00%
8.3M
+104.11%
-202.9M
-0.93%
-204.8M
+96.20%
Total Nonoperating Income and Expense
N/A
N/A
N/A
N/A
212.9M
+3.96%
204.8M
+0.82%
Income before Taxes
702.8M
-13.38%
811.3M
+88.37%
430.7M
-0.53%
433.0M
-16.04%
Income Taxes
205.6M
+6.32%
193.4M
+4.09%
185.8M
+1.03%
183.9M
+1.97%
Extraordinary Items
599.0M
+70.59%
351.2M
+196.40%
118.5M
-37.26%
188.8M
-33.97%
Net Income
702.8M
-13.38%
811.3M
+88.37%
430.7M
-0.53%
433.0M
-16.04%
Net Income from Continuing Operations Applicable to Common
702.8M
-13.38%
811.3M
+88.37%
430.7M
-0.53%
433.0M
-16.04%
Basic EPS and Net Income
10.40
-9.96%
11.55
+82.75%
6.32
+0.80%
6.27
-16.51%
Diluted EPS and Net Income
10.40
-9.88%
11.54
+82.59%
6.32
+0.80%
6.27
-16.51%
Basic Weighted Average Shares
64.4M
+0.24%
64.2M
-0.04%
64.3M
-1.27%
65.1M
+0.04%
Diluted Weighted Average Shares
64.4M
+0.23%
64.3M
-0.003%
64.3M
-1.30%
65.1M
+0.01%
Balance Sheet
Cash and Cash Equivalents
76.2M
+14.14%
66.8M
-82.95%
391.7M
+1,076.60%
33.3M
-31.24%
Short-Term Investments
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash and Cash Equivalents and Short-Term Investments
76.2M
+14.14%
66.8M
-82.95%
391.7M
+1,076.60%
33.3M
-31.24%
Total Current Assets
76.2M
+14.14%
66.8M
-82.95%
391.7M
+1,076.60%
33.3M
-31.24%
Accumulated Depreciation
6.5B
+6.20%
6.2B
+8.57%
5.7B
+9.95%
5.2B
+10.87%
Property and Plant and Equipment and Net
11.9B
+4.07%
11.4B
+9.25%
10.5B
-3.18%
10.8B
-1.54%
Total Long-Term Assets
194.4M
-29.92%
277.4M
-0.65%
279.2M
-5.24%
294.7M
+5.84%
Total Assets
13.2B
+1.79%
12.9B
+4.58%
12.4B
-0.09%
12.4B
-4.81%
Income Taxes Payable
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Short-Term Debt
0
-100.00%
137.9M
N/A
0
-100.00%
52.1M
-84.74%
Total Current Liabilities
221.4M
+4.04%
212.7M
+20.60%
176.4M
+6.61%
165.5M
-8.46%
Total Long-Term Debt
6.8B
+5.21%
6.5B
+4.16%
6.2B
+5.07%
5.9B
-0.67%
Total Long-Term Liabilities
51.5M
-1.88%
52.5M
-19.39%
65.1M
-5.25%
68.7M
-2.80%
Total Liabilities
7.4B
+3.43%
7.2B
+6.55%
6.7B
+4.41%
6.5B
-4.95%
Retained Earnings
6.0M
-75.47%
24.7M
-26.53%
33.6M
-27.78%
46.5M
+936.92%
Total Stockholders Equity
5.5B
+0.08%
5.5B
+2.11%
5.4B
-5.14%
5.7B
-4.63%
Total Shares Outstanding
64.4M
+0.25%
64.3M
+0.12%
64.2M
-0.62%
64.6M
-0.99%
Cash Flow
Cash from Operating Activities
1.1B
+0.57%
1.1B
+9.00%
980.1M
+0.45%
975.6M
+7.78%
Capital Expenditures
831.7M
-11.57%
940.4M
+3,647.07%
25.1M
+14.76%
21.9M
-85.75%
Cash from Investing Activities
-552.5M
-43.22%
-973.1M
+570.42%
-145.1M
-199.44%
146.0M
+136.73%
Dividends Paid
654.1M
+5.42%
620.5M
+5.71%
587.0M
+3.72%
565.9M
+4.25%
Cash from Financing Activities
-512.2M
+22.03%
-419.7M
-12.05%
-477.3M
-58.04%
-1.1B
+113.32%
Financials Ratio
Gross Margin
93.40%
+2.30%
91.31%
+0.89%
90.50%
-0.85%
91.28%
-0.80%
Operating Margin
47.65%
+20.26%
39.62%
+13.20%
35.00%
-5.51%
37.04%
+0.69%
Return on Assets
5.39%
-16.03%
6.42%
+84.23%
3.48%
+2.03%
3.41%
-14.17%
Return on Equity
12.69%
-14.31%
14.81%
+91.45%
7.73%
+4.57%
7.40%
-14.00%
Revenue Growth
6.36%
+1.10%
6.29%
+61.58%
3.89%
-66.25%
11.54%
+412.78%
Current Ratio
0.34
+9.68%
0.31
-85.86%
2.22
+1,003.78%
0.20
-24.90%
Cash Ratio
0.34
+9.68%
0.31
-85.86%
2.22
+1,003.78%
0.20
-24.90%
Debt-to-Equity Ratio
1.23
+2.93%
1.19
+4.19%
1.14
+9.80%
1.04
-0.64%
Debt-to-Assets Ratio
0.52
+1.19%
0.51
+1.73%
0.50
+4.24%
0.48
-0.43%

Earnings & Revenue History

Debt-to-Assets

Cash Flow