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. In the quarter to June 2026, revenue grew 4.09%, EPS fell 71.8%, free cash flow grew 21.0% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for three, operating cash flow growth for five.
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Essex Property Trust, Inc. (ESS) Net margin
Essex Property Trust, Inc.'s net margin over the twelve months to 30 June 2026 was 21.5%, down 14.0 percentage points from fiscal 2025 (35.5%). Over the past ten years it has ranged from 19.0% (fiscal 2015) to 41.8% (fiscal 2024); the current reading is higher than 82% of that period. That is in line with the Reit Residential industry median of 20.8% and above the Real Estate sector median of 7.83%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 35.5% | (6.31) |
| FY2024 | 41.8% | 17.48 |
| FY2023 | 24.3% | (1.10) |
| FY2022 | 25.4% | (8.50) |
| FY2021 | 33.9% | (4.12) |
| FY2020 | 38.0% | 7.95 |
| FY2019 | 30.1% | 2.21 |
| FY2018 | 27.9% | (3.88) |
| FY2017 | 31.8% | (0.02) |
| FY2016 | 31.8% | 12.78 |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Jun 2026 | 12.8% | (9.14) |
| Mar 2026 | 21.9% | 5.11 |
| Dec 2025 | 16.8% | (17.98) |
| Sep 2025 | 34.8% | (12.34) |
| 42 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| SUI Sun Communities, Inc. compare | 59.5% |
| UDR United Dominion Realty Trust, Inc. compare | 30.1% |
| VMRK Vivmark Residential compare | 27.9% |
| ELS Equity Lifestyle Properties, Inc. compare | 25.7% |
| AMH American Homes 4 Rent compare | 24.8% |
| INVH Invitation Home compare | 23.1% |
| ESS Essex Property Trust, Inc. | 21.5% |
| CPT Camden Property Trust compare | 20.8% |
| MAA Mid-America Apartment Communities, Inc. compare | 18.0% |
| Reit Residential industry median | 20.8% |
| Real Estate sector median | 7.83% |
| Market median | 0.45% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on ESS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement