Essex Property Trust Inc

NYSE:ESSReal EstateNASDAQ:NQUSMGSTOXX:EDD24BP

——At close · Market cap — · Next earnings Tue 27 Oct

ESS · Income statement · TradingHolo

USD billions	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	TTM	YoY
Revenue	1.5	1.4	1.6	1.7	1.8	1.9	1.9	+1.4%
Cost of revenue	0.2	0.2	0.5	0.5	0.6	0.6	1.0	+77.0%
Gross profit	1.3	1.2	1.1	1.1	1.2	1.3	1.4	+3.4%
Research & development	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Selling, general & administrative	0.1	0.1	0.1	0.1	0.1	0.1	—	—
Selling & marketing	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Operating expenses	0.8	0.7	0.5	0.6	0.5	0.5	1.2	+158.0%
Operating income	0.5	0.5	0.6	0.6	0.7	0.8	0.6	−24.8%
Interest expense	0.2	0.2	0.2	0.2	0.2	0.3	0.3	+1.6%
Interest income	0.0	0.1	0.0	0.0	0.1	0.0	—	—
Other income / expense	0.4	(0.0)	(0.2)	(0.2)	0.1	(0.1)	—	—
Pre-tax income	0.9	0.5	0.4	0.4	0.8	0.7	0.4	−37.3%
Income tax	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−100.0%
Net income	0.6	0.5	0.4	0.4	0.7	0.7	0.4	−38.5%
Discontinued operations	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Other net income adjustments	(0.3)	0.0	0.0	0.0	0.0	0.0	—	—
EPS, basic (per share)	8.69	7.51	6.27	6.32	11.55	10.41	6.43	−38.2%
EPS, diluted (per share)	8.68	7.51	6.27	6.32	11.54	10.41	6.43	−38.2%
EBITDA	1.6	1.5	1.2	1.2	1.6	1.6	1.3	−19.3%
Depreciation & amortization	0.5	0.5	0.5	0.5	0.6	0.6	0.6	+1.0%
Weighted average shares (shares)	65,454,057	65,051,464	65,079,764	64,252,232	64,228,000	64,458,400	—	—
Weighted average diluted shares (shares)	65,564,982	65,088,874	65,098,186	64,253,384	64,251,000	64,458,400	—	—
Gross margin	85.9%	83.9%	69.0%	68.1%	68.1%	68.8%	70.2%	+1.4 pts
Operating margin	32.9%	36.8%	37.0%	35.0%	39.6%	43.9%	32.5%	−11.3 pts
Net margin	38.0%	33.9%	25.4%	24.3%	41.8%	35.4%	21.5%	−13.9 pts

USD billionsUpdated Thu 30 Jul ·

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Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.

TTM ends 2026-06-30 and uses four consecutive reported quarters.