Essex Property Trust Inc. (ESS) Financial Statements (2026 and earlier)

Company Profile

Business Address 1100 PARK PLACE
SAN MATEO, CA 94403
State of Incorp. MD
Fiscal Year End December 31
Industry (SIC) 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:7667400435984
Cash and cash equivalent7667392334874
Short-term investments000013
Other undisclosed cash, cash equivalents, and short-term investments   8998
Total current assets:7667400435984
Noncurrent Assets
Operating lease, right-of-use asset515264676972
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization3,3633,2473,0373,0433,0332,929
Long-term investments and receivables6319351,0621,1271,1781,018
Long-term investments6319351,0621,1271,1781,018
Intangible asset, including goodwill, after accumulated amortization 886795
Intangible asset, excluding goodwill, after accumulated amortization 886795
Regulated entity, other noncurrent assets     22
Total noncurrent assets:4,0524,2414,1694,2454,2904,026
Other undisclosed assets9,0318,6197,7938,0858,6498,826
TOTAL ASSETS:13,15912,92712,36112,37312,99812,936
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities7,4227,1766,7356,4516,7876,721
Total liabilities:7,4227,1766,7356,4516,7876,721
Temporary equity, including noncontrolling interest283132273532
Equity
Equity, attributable to parent, including:5,5415,5375,4235,7165,9946,000
Common stock000000
Additional paid in capital6,6846,6686,6576,7506,9166,876
Accumulated other comprehensive income (loss)6253446(6)(15)
Other undisclosed equity, attributable to parent(1,148)(1,156)(1,268)(1,080)(917)(861)
Equity, attributable to noncontrolling interest167183171179183183
Total equity:5,7095,7205,5945,8956,1776,183
TOTAL LIABILITIES AND EQUITY:13,15912,92712,36112,37312,99812,936

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues1,8871,7741,6691,6071,4411,496
Operating lease, lease income1,8781,7641,6581,5961,4311,486
Cost of revenue(1,216)(1,148)(1,080)(1,047)(1,002)(1,000)
Cost of product and service sold  (300)(283)(265)(263)
Other undisclosed gross profit647618    
Gross profit:1,3191,245589560439495
Operating expenses(72)(99)(64)(59)(52)(69)
Other undisclosed operating income (loss)(348)(443)599414365
Operating income:899703584595530491
Nonoperating income
(Investment Income, Nonoperating)		   10  21
Interest and debt expense(259)(236)(213)(205)(222)(244)
Income from continuing operations before equity method investments, income taxes:640468381390308269
Income from equity method investments3548112611267
Income from continuing operations before income taxes:676516392416420336
Income tax expense (benefit)21(1)10(16)(2)
Other undisclosed income from continuing operations   396112265
Income from continuing operations:678517431433516599
Income before gain (loss) on sale of properties:✕✕✕✕✕516599
Other undisclosed net income25295    
Net income:703811431433516599
Net loss attributable to noncontrolling interest(33)(70)(25)(25)(27)(30)
Net income available to common stockholders, diluted:670742406408489569

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:703811431433516599
Other comprehensive income (loss) (19)(9)(13)549(1)
Other undisclosed comprehensive loss      
Comprehensive income:683802417487525598
Comprehensive loss, net of tax, attributable to noncontrolling interest(32)(69)(24)(26)(27)(30)
Comprehensive income, net of tax, attributable to parent:651733393460498568

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: