Last quarter (Q3 2023), Essex Property's total revenue was $419.18M, an increase of 2.30% from the same quarter last year. In Q3, Essex Property's net income was $87.28M. See Essex Property’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Total Revenue	$ 1.66B	$ 1.61B	$ 1.44B	$ 1.50B	$ 1.46B	$ 1.40B
Cost of Revenue	$ 111.86M	$ 242.65M	$ 228.66M	$ 474.97M	$ 430.59M	$ 416.40M
Gross Profit	$ 1.35B	$ 1.36B	$ 1.21B	$ 1.02B	$ 1.03B	$ 983.66M
Operating Expense	$ 394.86M	$ 781.95M	$ 752.47M	$ 590.88M	$ 538.01M	$ 533.34M
Operating Income	$ 510.37M	$ 595.23M	$ 459.42M	$ 429.89M	$ 491.55M	$ 450.32M
Net Non Operating Interest Income Expense	$ -145.50M	$ -204.80M	$ -203.13M	$ -179.63M	$ -171.04M	$ -197.48M
Other Income Expense	$ -38.75M	$ -128.35M	$ -246.48M	$ 350.61M	$ 145.40M	$ 160.76M
Pretax Income	$ 443.01M	$ 505.77M	$ 502.78M	$ 600.86M	$ 465.90M	$ 413.60M
Tax Provision	$ 3.61M	$ -10.24M	$ 15.67M	$ 1.53M	$ 1.46M	$ 0.00
Earnings From Equity Interest Net Of Tax	$ 34.19M	$ 26.03M	$ 111.72M	-	-	-
Net Income Common Stockholders	$ 410.84M	$ 408.31M	$ 488.55M	$ 568.87M	$ 439.29M	$ 390.15M
Basic EPS	$ 8.14	$ 6.27	$ 7.51	$ 8.69	$ 6.67	$ 5.91
Diluted EPS	$ 8.14	$ 6.27	$ 7.51	$ 8.69	$ 6.66	$ 5.90
Basic Average Shares	$ 257.91M	$ 65.08M	$ 65.05M	$ 65.45M	$ 65.84M	$ 66.04M
Diluted Average Shares	$ 257.93M	$ 65.10M	$ 65.09M	$ 65.56M	$ 65.94M	$ 66.09M
Dividend Per Share	$ 2.53	$ 8.80	$ 8.36	$ 8.31	$ 7.80	$ 7.44
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 506.72M	$ 1.02B	$ 981.13M	$ 1.07B	$ 968.61M	$ 949.73M
Net Income From Continuing And Discontinued Operation	$ 410.84M	$ 408.31M	$ 488.55M	$ 568.87M	$ 439.29M	$ 390.15M
Normalized Income	$ 88.52M	-	-	$ 519.59M	$ 437.57M	$ 319.78M
Interest Expense	-	-	-	$ 220.63M	$ 217.34M	$ 220.49M
EBIT	$ 647.75M	$ 710.57M	$ 705.90M	$ 821.50M	$ 683.24M	$ 634.09M
EBITDA	$ 951.71M	$ 1.26B	$ 1.24B	$ 1.35B	$ 1.17B	$ 1.11B

Currency in USD

Essex Property Earnings and Revenue History

Get More with TipRanks Premium

What's Included in PREMIUM?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing