Essex Property Trust, Inc.

ESS Real Estate Reit Residential

Essex Property Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 6.36% from fiscal 2024.

Revenue
+4.10%
EPS
−37.0%
Free cash flow
−5.14%
Total debt
−0.84%

Quarter to September 2026, against a year earlier

272.41 7.51 +2.84%
Market cap
$17.6B
P/E
48.3×
Fwd P/E
46.4×
Dividend yield
3.90%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Essex Property Trust, Inc. (ESS) Gross margin

Alert me on Gross margin

Essex Property Trust, Inc.'s gross margin over the twelve months to 30 September 2026 was 67.8%, up 0.1 percentage points from fiscal 2025 (67.8%). Over the past ten years it has ranged from 66.6% (fiscal 2021) to 70.5% (fiscal 2019); the current reading is higher than 18% of that period. That is above the Reit Residential industry median of 58.2% and in line with the Real Estate sector median of 64.7%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 67.8% (0.22)
FY2024 68.0% (0.17)
FY2023 68.2% (0.22)
FY2022 68.4% 1.81
FY2021 66.6% (1.67)
FY2020 68.3% (2.26)
FY2019 70.5% 0.25
FY2018 70.3% (0.01)
FY2017 70.3% 0.33
FY2016 69.9% 0.37

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 66.9% (1.48)
Jun 2026 68.4% 0.32
Mar 2026 68.1% 0.16
Dec 2025 67.9% 0.83
43 more quarters

Against its own ten years

Low 66.6% High 70.5%
Ten-year median 68.4%
Current reading's percentile 21

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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