Essex Property Trust, Inc. ESS

271.61 (0.04) (0.01%) as of 25 Sep
Market cap
$18.1B
P/E
42.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Essex Property Trust, Inc. (ESS) Gross margin

Essex Property Trust, Inc.'s gross margin over the twelve months to 30 June 2026 was 67.9%, 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 58.7% and in line with the Real Estate sector median of 66.1%.

Gross margin, annual

Annual

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

Period Gross margin Change (points)
Jun 2026 68.4% 0.32
Mar 2026 68.1% 0.16
Dec 2025 67.9% 0.83
Sep 2025 67.1% (1.46)
42 more quarters

Against its own ten years

Low 66.6% High 70.5%
Ten-year median 68.4%
Current reading's percentile 18

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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