Revenue segments as reported by the company.

Rental income

Other property

Management and other fees from affiliates

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Property operating

Corporate-level property management expenses

Depreciation and amortization

General and administrative

Expensed acquisition and investment related costs

Impairment loss

Gain on sale of real estate and land

Casualty loss

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Essex Property Trust

Essex Property Trust, Inc. operates as a real estate investment trust. It engages in the ownership, operation, management, acquisition, development, and redevelopment of predominantly apartment communities. The company was founded by George M. Marcus in 1971 and is headquartered in San Mateo, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Essex Property Trust reports robust 2022 performance amidst COVID challenges

Essex Property Trust's 2022 performance was strong, driven by team execution and market recovery, despite challenges from COVID-19 regulations. The company is well-positioned to capitalize on opportunities in tech sector evolution and market diversification in 2023.

Essex Property Trust (ESS) exceeds Q1 expectations, eyes growth opportunities

Essex Property Trust (ESS) reported a robust Q1 performance with strong core FFO per share growth and successful occupancy strategies. The company faces challenges related to expense volatility and moderating rent growth but sees opportunities in capital availability and demographic shifts driving rent growth.

Essex Property Trust (ESS) surpasses Q2 guidance, eyes rent growth

Essex Property Trust (ESS) delivered strong Q2 results, with a focus on exceeding guidance and strategic shifts towards rent growth. Challenges include R&M expenses and uncertainty around property tax rates, while opportunities lie in market strengths and relocation trends.

Essex Property Trust reports strong Q3 performance amidst market challenges

Essex Property Trust demonstrated resilience in Q3 with improved financial performance despite industry challenges.
Strategic focus on maximizing revenues through a balance between rate growth and occupancy is evident.
Anticipated job growth near major employment centers and high affordability levels in key markets position Essex well for future growth.

Essex Property Trust excels in 2023, eyes growth amid challenges

Essex Property Trust's strong 2023 performance, operational resilience, and financial stability position them well for 2024, despite challenges like rising operating expenses.
The company's focus on regional market dynamics, tenant retention strategies, and revenue growth assumptions align with market trends and present growth opportunities.
Navigating uncertainties around lease rates, unit turnover, and capital allocation will be key for Essex to sustain performance and address investor inquiries effectively.
Insights on market rent forecasts, job-related trends, and collection strategies provide Essex with actionable opportunities to optimize revenue streams and enhance operational efficiency.

Essex Property Trust (ESS) surpasses Q1 expectations, eyes dividend growth

Essex Property Trust (ESS) reported strong Q1 results, exceeding guidance and increasing full-year guidance. The company's strategic moves in portfolio optimization, joint venture acquisitions, and preferred equity investments have positioned it well for growth. Challenges in concessions and transaction market thinness are being addressed, while opportunities lie in dividend growth and exploring alternative capital options.

Essex Property Trust (ESS) surpasses Q2 earnings guidance, eyes West Coast growth

Essex Property Trust (ESS) delivered a robust performance in Q2 2024, exceeding core FFO guidance and showcasing strength in key regions. The company raised full-year core FFO guidance and highlighted a healthy balance sheet. While challenges may arise, opportunities exist for growth through strategic investments and market demand.

Essex Property Trust (ESS) reports strong Q3, eyes growth in 2025

Essex Property Trust (ESS) had a strong quarter, raising core FFO guidance and making strategic acquisitions. Despite challenges like advocacy expenses and market transaction volumes, the company is well-positioned with a strong balance sheet and growth opportunities for 2025.

Revenue

Cost of revenue

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Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Essex Property Trust, Inc. operates as a real estate investment trust. It engages in the ownership, operation, management, acquisition, development, and re-development of predominantly apartment communities. The company was founded by George M. Marcus in 1971 and is headquartered in San Mateo, CA.

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Essex Property Trust, Inc. (NYSE:ESS ) Q3 2022 Results Conference Call October 27, 2022 2:00 PM ET Company Participants Michael Schall - President and CEO Angela Kleiman - Sr. EVP and COO Barb Pak - EVP and CFO Adam Berry - EVP and CIO Conference Call Participants Nick Joseph - Citi Steve Sakwa - Evercore Adam Kramer - Morgan Stanley Alexander Goldfarb - Piper Sandler Joshua Dennerlein - Bank of America John Kim - BMO Capital Markets Nick Yulico - Scotiabank Chandni Luthra - Goldman Sachs Robyn Luu - Green Street Neil Malkin - Capital One Securities Brad Heffern - RBC Austin Wurschmidt - KeyBanc Richard Anderson - SMBC Operator Good day, and welcome to the Essex Property Trust Third Quarter 2022 Earnings Conference Call. As a reminder, today's conference call is being recorded.

Essex Property Trust, Inc. (ESS) Q3 2022 Earnings Call Transcript

Essex Property's (ESS) Q3 results reflect the recovery in its markets in the quarter.

Essex Property (ESS) Beats Q3 FFO, Raises 2022 Guidance

Essex Property Trust (ESS) delivered FFO and revenue surprises of 0.27% and 0.69%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Essex Property Trust (ESS) Q3 FFO and Revenues Beat Estimates

Essex Announces Third Quarter 2022 Results

Essex Property's (ESS) Q3 performance is likely to have gained from a solid property base and healthy rental demand in its markets.

What's in Store for Essex Property (ESS) in Q3 Earnings?

Shares of the Essex Property Trust have declined 36% YTD and are trading at 2015 levels despite substantial rent and NOI growth. Unlike sunbelt markets which are seeing significant new supply, Essex's West Coast markets face very limited supply growth in 2023.

Essex Property Trust: Long-Term Compounder In The Bargain Bin

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Essex Property Trust (ESS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Essex Property Trust (ESS) Loses 16.9% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its third quarter 2022 earnings after the market closes on Wednesday, October 26, 2022. A conference call with senior management is scheduled for Thursday, October 27, 2022 at 11:00 a.m. Pacific Time or 2:00 p.m. Eastern Time. The third quarter conference call is open to everyone and can be accessed by: Internet: Go to www.essex.com; click on Investors and the third quarter earning

Essex Announces Release and Conference Call Dates for Its Third Quarter 2022 Earnings

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SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today the planned retirement of Michael J. Schall, the Company's President and CEO since 2011, effective March 31, 2023. Thereafter, Mr. Schall will continue to serve on the Company's Board of Directors and will remain on as a part-time employee. The Board of Directors has appointed Angela L. Kleiman, the Company's Senior Executive Vice President and Chief Operating Officer, to succeed Mr. Schall as President an

Essex Announces the Planned Retirement of Michael J. Schall as President & CEO and Appointment of Angela L.

Essex Property's (ESS) recent price correction offers investors a chance to add the stock to their portfolio, given its strong growth potential on the back of recovering West Coast market fundamentals.

Essex Property (ESS) Down 11% in a Month: Is it Worth a Look?

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Essex Property (ESS) is well-poised to benefit from the favorable West Coast market fundamentals and a solid balance sheet. However, outmigration trends and interest rate hikes are concerning.

Is it Wise to Retain Essex Property (ESS) Stock for Now?

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that the Essex Executive Team will participate in a roundtable presentation at the Bank of America Global Real Estate Conference on Wednesday, September 14, 2022, at 1:25 p.m. Eastern Time. To listen to the presentation please visit the webcast link on the Investors section of the Company's website at www.essex.com. An archive of the webcast will be available for ninety days following the event. Additional

Essex Property Trust to Present at the 2022 Bank of America Global Real Estate Conference

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Back in January, I expected Apartment REITs like Essex Property Trust to outperform the REIT average. Thanks to the mad rush to high yield brought on by inflation, that hasn't happened. Essex Property Trust has been typical of Apartment REITs in its total return. The price movement, however, stands in sharp contrast to the company's performance.

Essex Property Trust: Another Beat-And-Raise Quarter

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News for Essex Property Trust Stock (ESS)