Revenue segments as reported by the company.

Rental income

Other property

Management and other fees from affiliates

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Property operating

Corporate-level property management expenses

Depreciation and amortization

General and administrative

Expensed acquisition and investment related costs

Impairment loss

Gain on sale of real estate and land

Casualty loss

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Essex Property Trust

Essex Property Trust, Inc. operates as a real estate investment trust. It engages in the ownership, operation, management, acquisition, development, and redevelopment of predominantly apartment communities. The company was founded by George M. Marcus in 1971 and is headquartered in San Mateo, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Essex Property Trust reports robust 2022 performance amidst COVID challenges

Essex Property Trust's 2022 performance was strong, driven by team execution and market recovery, despite challenges from COVID-19 regulations. The company is well-positioned to capitalize on opportunities in tech sector evolution and market diversification in 2023.

Essex Property Trust (ESS) exceeds Q1 expectations, eyes growth opportunities

Essex Property Trust (ESS) reported a robust Q1 performance with strong core FFO per share growth and successful occupancy strategies. The company faces challenges related to expense volatility and moderating rent growth but sees opportunities in capital availability and demographic shifts driving rent growth.

Essex Property Trust (ESS) surpasses Q2 guidance, eyes rent growth

Essex Property Trust (ESS) delivered strong Q2 results, with a focus on exceeding guidance and strategic shifts towards rent growth. Challenges include R&M expenses and uncertainty around property tax rates, while opportunities lie in market strengths and relocation trends.

Essex Property Trust reports strong Q3 performance amidst market challenges

Essex Property Trust demonstrated resilience in Q3 with improved financial performance despite industry challenges.
Strategic focus on maximizing revenues through a balance between rate growth and occupancy is evident.
Anticipated job growth near major employment centers and high affordability levels in key markets position Essex well for future growth.

Essex Property Trust excels in 2023, eyes growth amid challenges

Essex Property Trust's strong 2023 performance, operational resilience, and financial stability position them well for 2024, despite challenges like rising operating expenses.
The company's focus on regional market dynamics, tenant retention strategies, and revenue growth assumptions align with market trends and present growth opportunities.
Navigating uncertainties around lease rates, unit turnover, and capital allocation will be key for Essex to sustain performance and address investor inquiries effectively.
Insights on market rent forecasts, job-related trends, and collection strategies provide Essex with actionable opportunities to optimize revenue streams and enhance operational efficiency.

Essex Property Trust (ESS) surpasses Q1 expectations, eyes dividend growth

Essex Property Trust (ESS) reported strong Q1 results, exceeding guidance and increasing full-year guidance. The company's strategic moves in portfolio optimization, joint venture acquisitions, and preferred equity investments have positioned it well for growth. Challenges in concessions and transaction market thinness are being addressed, while opportunities lie in dividend growth and exploring alternative capital options.

Essex Property Trust (ESS) surpasses Q2 earnings guidance, eyes West Coast growth

Essex Property Trust (ESS) delivered a robust performance in Q2 2024, exceeding core FFO guidance and showcasing strength in key regions. The company raised full-year core FFO guidance and highlighted a healthy balance sheet. While challenges may arise, opportunities exist for growth through strategic investments and market demand.

Essex Property Trust (ESS) reports strong Q3, eyes growth in 2025

Essex Property Trust (ESS) had a strong quarter, raising core FFO guidance and making strategic acquisitions. Despite challenges like advocacy expenses and market transaction volumes, the company is well-positioned with a strong balance sheet and growth opportunities for 2025.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Essex Property Trust, Inc. operates as a real estate investment trust. It engages in the ownership, operation, management, acquisition, development, and re-development of predominantly apartment communities. The company was founded by George M. Marcus in 1971 and is headquartered in San Mateo, CA.

Essex Property Trust (ESS) delivered FFO and revenue surprises of 2.35% and 2.38%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Essex Property Trust (ESS) Tops Q1 FFO and Revenue Estimates

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Essex Property Trust (ESS) have what it takes?

Are You Looking for a High-Growth Dividend Stock? Essex Property Trust (ESS) Could Be a Great Choice

This is Why Essex Property Trust (ESS) is a Great Dividend Stock

Apartment Investment and Management

Equity Residential

Mid-America Apartment Communities

Mid America Apartments (MAA) and Aimco (AIV) withdraw 2020 guidance, while two other notable REITs roll out policies amid the coronavirus pandemic.

Residential REITs Update on Coronavirus-led Market Mayhem

Essex Property Trust: When Quality Becomes Paramount

Essex Property Trust (ESS) reported earnings 30 days ago. What's next for the stock?

Essex Property Trust (ESS) Down 5% Since Last Earnings Report: Can It Rebound?

Preferred Apartment Communities

AvalonBay Communities

Bluerock Residential Growth REIT

Camden Property

Independence Realty Trust

NexPoint Residential Trust

Within the Hoya Capital Apartment REIT Index, we track the twelve largest apartment REITs, which account for roughly $140 billion in market value and more than 500,000 total housing units

Renter Nation Is Alive And Well

Essex Property Trust, Inc. (ESS) CEO Michael Schall on Q4 2019 Results - Earnings Call Transcript

Essex Property's (ESS) Q4 performance reflects growth in same-property net operating income backed by healthy occupancy levels.

Essex Property (ESS) Q4 FFO & Revenues Surpass Estimates

Essex Property Trust (ESS) delivered FFO and revenue surprises of 0.88% and 0.46%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Essex Property Trust (ESS) Beats Q4 FFO and Revenue Estimates

Duke Realty

RealPage

REITs are anticipated to have gained from resilient economic activity, healthy job-market environment and low interest rates in Q4, while rising supply might have curtailed any robust growth.

REITs to Watch for Q4 Earnings on Jan 29: ESS, MAA & DRE

Sun Communities

Encouraging Near-Term Outlook for Residential REIT Stocks

Why Is Essex Property Trust (ESS) Down 3.4% Since Last Earnings Report?

Essex Property Trust, Inc. (ESS) CEO Mike Schall on Q3 2019 Results - Earnings Call Transcript

Essex Property's (ESS) Q3 performance reflects growth in same-property net operating income, while occupancy level moderates sequentially and year over year.

Essex Property (ESS) Q3 FFO & Revenues Rise Y/Y, Outlook Up

Essex Property Trust (ESS) delivered FFO and revenue surprises of -0.30% and 0.40%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Essex Property Trust (ESS) Q3 FFO Miss Estimates

Why Essex Property Trust (ESS) is a Great Dividend Stock Right Now

American Tower

Crown Castle International

Equinix

Prologis

Public Storage

Investors' rush to defensive positions in an uncertain market has pushed real estate stocks higher.

Real Estate Stocks Are Crushing the Market as Cloud Fuels Growth

Agree Realty

Equity LifeStyle Properties

The trade war intensifies with blacklisting of 28 Chinese companies and imposition of visa restrictions. Thus, investing in REITs seems to be a safer option as of now.

5 REITs to Buy as U.S. Blacklists Chinese Companies

The U.S. apartment rental market banks on stellar demand for rental units in the third quarter, registering higher occupancy levels and rise in rents.

Apartment Market Continues to Shine on Occupancy & Rent Growth

Why Essex Property Trust (ESS) is a Top Dividend Stock for Your Portfolio

Alexandria Real Estate Equities

Innovative Industrial Properties

REITs will likely benefit from the Fed's latest rate-cut move to sustain economic expansion. This apart, underlying fundamentals of certain asset categories have been displaying strength.

Fed Makes Another Rate Cut: What Lies Ahead for REITs Now?

With the possibility of a rate cut, REITs are back in the limelight. Moreover, with greater demand and higher occupancy levels, prospects of residential REITs are getting a boost.

4 Residential REITs to Buy as U.S. Apartment Occupancy Shoots Up

NRG Energy

Unitil

Trade war ambiguity and tepid demand are forcing companies to downscale production, thereby contracting the manufacturing activity in the United States.

4 Stocks Poised to Gain Despite Dull U.S. Factory Activity

Does Essex Property Trust (ESS) have what it takes to be a top stock pick for momentum investors? Let's find out.

News for Essex Property Trust Stock (ESS)