ESSEX PROPERTY TRUST, INC.
ESSNYSE · SIC 6798
$292.93
↓ -1.5%Jul 17 close · end-of-day
Price
1Y↑ +6.5%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$18.9B
Enterprise Value
$25.7B
P/E
33.0
P/S
9.9
P/B
3.5
EV/EBITDA
18.2
PEG
1.8
FCF Yield
—
Dividend Yield
3.5%
Revenue (TTM)
$1.9B
Net Income (TTM)
—
Free Cash Flow (TTM)
—
Gross Margin
70.1%
Operating Margin
41.8%
Net Margin
—
ROE
—
ROIC
5.1%
Debt / Equity
1.3
Net Cash
-$6.8B
Return 1Y
+6.1%
Company profile
Essex Property Trust, Inc. acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities, with an additional 6 properties in various stages of development.
- CEO
- Michael J. Schall
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Trading
- Employees
- 1,770
- Headquarters
- California
- Website
- essexapartmenthomes.com
Management & directors
- Burns RylanEVP & Chief Investment Officer
- Kleiman Angela L.President and CEO
- Mcgreevy BrennanGVP and CAO
- Morrison AnneEVP, CAO & General Counsel
- Pak BarbaraExecutive Vice President & CFO
Roles derived from SEC Form 4 filings.
Earnings
Next earnings · estimated2026-07-28
ESS Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$484.8M↑ +4.3%
Diluted EPS$1.65↓ -47.8%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.6B | $1.7B | $1.8B | $1.9B |
| Gross profit | — | — | $1.1B | $1.2B | $1.2B | $1.3B |
| Operating income | $491.4M | $530.0M | $595.2M | $584.3M | $703.1M | $899.3M |
| Net income | — | — | — | — | — | — |
| Diluted EPS | $8.69 | $7.51 | $6.27 | $6.32 | $11.54 | $10.40 |
| Operating cash flow | $803.1M | $905.3M | $975.6M | $980.1M | $1.1B | $1.1B |
| Free cash flow | — | — | — | — | — | — |
| Gross margin | — | — | 70.2% | 70.1% | 70.0% | 69.9% |
| Operating margin | 32.9% | 36.8% | 37.0% | 35.0% | 39.6% | 47.6% |
| Net margin | — | — | — | — | — | — |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $442.4M | $450.7M | $454.5M | $464.6M | $469.8M | $473.3M | $479.6M | $484.8M |
| Gross profit | $313.2M | $313.3M | $318.3M | $323.5M | $332.2M | $327.5M | $335.8M | $341.2M |
| Operating income | $137.4M | $128.8M | $304.5M | $257.1M | $279.7M | $210.4M | $152.1M | $155.2M |
| Net income | — | — | — | — | — | — | — | — |
| Diluted EPS | $1.45 | $1.84 | $4.00 | $3.16 | $3.44 | $2.56 | $1.24 | $1.65 |
| Operating cash flow | $218.9M | $316.2M | $218.3M | $281.5M | $216.1M | $342.6M | $234.2M | $287.2M |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | 70.8% | 69.5% | 70.0% | 69.6% | 70.7% | 69.2% | 70.0% | 70.4% |
| Operating margin | 31.1% | 28.6% | 67.0% | 55.3% | 59.5% | 44.5% | 31.7% | 32.0% |
| Net margin | — | — | — | — | — | — | — | — |
Company news
Jul 16, 2026
Jul 15, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-05-27 | Kasaris Mary | Sale | 600 | $279.45 | $167,670.00 | filing |
| 2026-05-12 | GUERICKE KEITH R | Award | 633 | $0.00 | $0.00 | filing |
| 2026-05-12 | Arabia John V | Award | 633 | $0.00 | $0.00 | filing |
| 2026-05-12 | MARCUS GEORGE M | Award | 1,117 | $0.00 | $0.00 | filing |
| 2026-05-12 | Johnson Amal M | Award | 633 | $0.00 | $0.00 | filing |
| 2026-05-12 | HAWTHORNE MARIA R | Award | 633 | $0.00 | $0.00 | filing |
| 2026-05-12 | LYONS IRVING F III | Award | 633 | $0.00 | $0.00 | filing |
| 2026-05-12 | GUST ANNE B | Award | 633 | $0.00 | $0.00 | filing |
| 2026-05-12 | Kasaris Mary | Award | 633 | $0.00 | $0.00 | filing |
| 2026-02-18 | Kleiman Angela L.· President and CEO | Tax withholding | 481 | $256.18 | $123,222.58 | filing |
| 2026-02-18 | Pak Barbara· Executive Vice President & CFO | Tax withholding | 206 | $256.18 | $52,773.08 | filing |
| 2026-02-18 | Burns Rylan· EVP & Chief Investment Officer | Tax withholding | 121 | $256.18 | $30,997.78 | filing |
| 2026-02-18 | Morrison Anne· EVP, CAO & General Counsel | Tax withholding | 89 | $256.18 | $22,800.02 | filing |
| 2026-02-18 | McGreevy Brennan· GVP and CAO | Tax withholding | 24 | $256.18 | $6,148.32 | filing |
| 2026-02-06 | Kleiman Angela L.· President and CEO | Tax withholding | 473 | $258.06 | $122,062.38 | filing |
| 2026-02-06 | Pak Barbara· Executive Vice President & CFO | Tax withholding | 215 | $258.06 | $55,482.90 | filing |
| 2026-02-06 | Morrison Anne· EVP, CAO & General Counsel | Tax withholding | 81 | $258.06 | $20,902.86 | filing |
| 2026-02-06 | Burns Rylan· EVP & Chief Investment Officer | Tax withholding | 80 | $258.06 | $20,644.80 | filing |
| 2026-02-06 | McGreevy Brennan· GVP and CAO | Tax withholding | 60 | $258.06 | $15,483.60 | filing |
| 2025-12-29 | Kleiman Angela L.· President and CEO | Gift | 2,534 | $0.00 | $0.00 | filing |
| 2025-12-12 | Kleiman Angela L.· President and CEO | Tax withholding | 12,176 | $257.62 | $3.1M | filing |
| 2025-12-12 | Pak Barbara· Executive Vice President & CFO | Tax withholding | 4,138 | $257.62 | $1.1M | filing |
| 2025-12-12 | Morrison Anne· EVP, CAO & General Counsel | Tax withholding | 3,780 | $257.62 | $973,803.60 | filing |
| 2025-12-12 | Morrison Anne· EVP, CAO & General Counsel | Award | 7,441 | $0.00 | $0.00 | filing |
| 2025-12-12 | Pak Barbara· Executive Vice President & CFO | Award | 8,144 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.