ESSEX PROPERTY TRUST, INC.
ESSReal estateessexapartmenthomes.com
Latest available resultsJune 30, 2026Quarter · 10-Q filed Jul 30, 2026
Results announcedOctober 27, 2026EPS vs forecast ▲ +2.5%Detailed filing pending
Next reportFebruary 2, 2027after close · forecast 1.506 $/share
Revenue
$489.05M
▲ +4.1% vs prior year YoY
Net income
$66.93M
▼ -71.1% vs prior year YoY
EPS
0.97$
▼ -71.8% vs prior year YoY
Net margin
13.7%
▼ -35.6 pp vs prior year YoY
Revenue▲ +4.1%
Margins (% of revenue)GrossOperatingNet
Net income▼ -71.1%
EPS▼ -71.8%
Financial statements
View 10-Q filed July 30, 2026 on SEC ↗| Metric | Sep 2024 | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $450.70M | $454.47M | $464.58M | $469.83M | $473.30M | $479.63M | $484.76M | $489.05M | ▲ +4.1% |
| Gross profit | $313.34M | $320.35M | $323.47M | $332.18M | $327.51M | $335.82M | $341.19M | $345.71M | ▲ +4.1% |
| Operating income | $128.79M | $304.50M | $257.08M | $279.70M | $210.40M | $152.14M | $155.19M | $109.37M | ▼ -60.9% |
| Net income | $125.49M | $301.69M | $212.78M | $231.53M | $172.72M | $85.75M | $112.21M | $66.93M | ▼ -71.1% |
| R&Dnever filed | — | — | — | — | — | — | — | — | — |
| EPS (diluted) | 1.84 $ | — | 3.16 $ | 3.44 $ | 2.56 $ | — | 1.65 $ | 0.97 $ | ▼ -71.8% |
| Margins (% of revenue) | |||||||||
| Gross | 69.5 % | 70.5 % | 69.6 % | 70.7 % | 69.2 % | 70.0 % | 70.4 % | 70.7 % | ▼ -0.0 pt |
| Operating | 28.6 % | 67.0 % | 55.3 % | 59.5 % | 44.5 % | 31.7 % | 32.0 % | 22.4 % | ▼ -37.2 pt |
| Net | 27.8 % | 66.4 % | 45.8 % | 49.3 % | 36.5 % | 17.9 % | 23.1 % | 13.7 % | ▼ -35.6 pt |
| Balance sheet | |||||||||
| Assets | $12.65B | $12.93B | $13.19B | $13.18B | $13.15B | $13.16B | $13.10B | $12.90B | ▼ -2.1% |
| Liabilities | $6.99B | $7.18B | $7.41B | $7.34B | $7.32B | $7.42B | $7.47B | $7.39B | ▲ +0.6% |
| Equity | $5.63B | $5.72B | $5.75B | $5.81B | $5.80B | $5.71B | $5.60B | $5.49B | ▼ -5.5% |
| Cash | $71.29M | $66.80M | $98.73M | $58.68M | $65.96M | $76.24M | $38.01M | $58.33M | ▼ -0.6% |
| Capital | |||||||||
| Shares outstanding | 64.27M | 64.33M | 64.39M | 64.40M | 64.40M | 64.48M | 64.26M | 64.27M | ▼ -0.2% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.