ESSEX PROPERTY TRUST, INC.
ESS · XNYSCIK 920522fmd_07AGV6WH87KD9GPDK9RA5241Q0Finance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2008 to Jun 30, 2026, 70 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 1,294 | 1,364 | 1,400 | 1,460 | 1,496 | 1,441 | 1,607 | 1,669 | 1,774 | 1,887 |
| Rental revenue | – | 1,354 | 1,391 | 1,451 | 1,486 | 1,431 | 1,596 | 1,658 | 1,764 | 1,878 |
| Property operating expenses | 220 | 229 | 234 | – | – | – | – | – | – | – |
| Provision for credit losses | – | – | 0 | 0 | 1 | 0 | 0 | 0 | (0) | 0 |
| Real estate taxes | 139 | 146 | 152 | 155 | 177 | 180 | 184 | 186 | 193 | 206 |
| Realized investment gains (losses) | – | – | – | – | – | 37 | (46) | 10 | 8 | – |
| Gross profit | – | – | – | – | – | – | 1,128 | 1,171 | 1,243 | 1,319 |
| Depreciation and amortization | 442 | 469 | 480 | 484 | 525 | 520 | 539 | 548 | 580 | 608 |
| Gain on sale of real estate | 14 | 26 | 62 | (3) | 65 | 143 | 94 | 59 | 176 | 300 |
| Funds from operations (NAREIT definition, derived) | 843 | 876 | 808 | 951 | 1,060 | 893 | 878 | 920 | 1,216 | 1,011 |
| Operating income | 421 | 473 | 512 | 481 | 491 | 530 | 595 | 584 | 703 | 899 |
| Interest expense | 220 | 223 | 220 | 217 | 221 | 203 | 205 | 213 | 236 | 258 |
| Interest and investment income | 27 | 25 | 23 | 46 | 41 | 99 | – | – | – | – |
| Income tax expense | – | – | – | – | – | – | – | – | – | – |
| Net income from continuing operations | 438 | 458 | 414 | 464 | 599 | 516 | 433 | 431 | – | – |
| Net income | 415 | 433 | 390 | 464 | 599 | 516 | 433 | 431 | 811 | 703 |
| Net income to common shareholders | 411 | 433 | 390 | 439 | 569 | 489 | 408 | 406 | 742 | 670 |