Companies / Real Estate
ESS
Essex Property Trust
Multi-Family Residential REITs
Multi-Family Residential REITsAnalysis in progress
In progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health46
Growth2
Profitability100
Cash generationn/a
Balance sheetn/a
Dilution control36
Key ratios and five-year financials
Latest quarter revenue YoY (2026-06-30)4.3%Revenue growth (FY)-8.6%Revenue CAGR (3y)-5.6%Gross margin14060.1%Operating margin9586.6%Net margin7491.5%Free cash flow margin11453.2%R&D / revenue—Stock comp / revenue102.8%Net debt / operating cash flow—Current ratio—Diluted share count change0.2%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $9M | $11M | $11M | $10M | $9M |
| Gross profit | — | $1.1B | $1.2B | $1.2B | $1.3B |
| Operating income | $530M | $595M | $584M | $703M | $899M |
| Net income | $516M | $433M | $431M | $811M | $703M |
| Operating cash flow | $905M | $976M | $980M | $1.1B | $1.1B |
| Free cash flow | $905M | $976M | $980M | $1.1B | $1.1B |
| Stock-based comp | $7M | $7M | $8M | $7M | $10M |
| Buybacks | $9M | $190M | $96M | $0 | $0 |
| Cash | $48M | $33M | $392M | $67M | $76M |
| Total debt | $639M | — | — | — | — |
| Equity | $6.0B | $5.7B | $5.4B | $5.5B | $5.5B |
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