Essex Property Trust, Inc. (ESS) Financial Statements
Essex Property Trust financial statements at a glance
Essex Property Trust reported revenue of $1.89 billion for fiscal year 2025 (ended December 31, 2025), up 6.4% from fiscal year 2024. Net income was $669.67 million, a net margin of 35.5%.
At the end of fiscal year 2025 it had total assets of $13.16 billion, total liabilities of $7.62 billion and shareholders' equity of $5.54 billion, with total debt of $6.80 billion.
Its operations brought in $1.07 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Essex Property Trust, Inc.
Income Statement
Annual • USD
Essex Property Trust key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $1.7B | $1.6B | $1.4B |
| Gross profit | $1.3B | $1.3B | $1.2B | $1.1B | $1.2B |
| Operating income | $898.6M | $745.6M | $584.3M | $595.2M | $636.4M |
| Net income | $669.7M | $741.5M | $405.8M | $408.3M | $488.6M |
| Diluted EPS | – | – | – | – | $7.51 |
| Total assets | $13.2B | $12.9B | $12.4B | $12.4B | $13.0B |
| Total liabilities | $7.6B | $7.4B | $6.9B | $6.7B | $6.8B |
| Shareholders' equity | $5.5B | $5.5B | $5.4B | $5.7B | $6.0B |
| Cash | – | – | – | – | $48.4M |
| Total debt | $6.8B | $6.6B | $6.2B | $6.0B | $6.4B |
| Operating cash flow | $1.1B | $1.1B | $980.1M | $975.6M | $905.3M |
| Capital spending | – | – | – | – | $121.2M |
| Free cash flow | – | – | – | – | $784.1M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Essex Property Trust's revenue in fiscal year 2025?
$1.89 billion, up 6.4% from $1.77 billion in fiscal year 2024.
How much profit does Essex Property Trust make?
Essex Property Trust reported net income of $669.67 million for fiscal year 2025 (35.5% of revenue); operating income was $898.55 million.
How much cash and debt does Essex Property Trust have?
At the end of fiscal year 2025: total debt of $6.80 billion.
