Net Income for Essex Property Trust (ESS)
According to Essex Property Trust's latest reported financial statements, the company's current net income (TTM) is $463.36M USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$463.36M
YoY change
-9.3%
5Y CAGR
+3.4%
Peak year (2024)
$741.52M
Cumulative net income
$6.43B
Net Income history chart for Essex Property Trust (ESS) from 1994 to 2025
Net Income history table for Essex Property Trust (ESS) from 1994 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $672.49M | -9.3% | ||
| 2024 | $741.52M | +82.7% | ||
| 2023 | $405.82M | -0.6% | ||
| 2022 | $408.31M | -16.4% | ||
| 2021 | $488.55M | -14.1% | ||
| 2020 | $568.87M | +29.5% | ||
| 2019 | $439.29M | +12.6% | ||
| 2018 | $390.15M | -9.9% | ||
| 2017 | $433.06M | +4.4% | ||
| 2016 | $414.98M | +78.8% | ||
| 2015 | $232.12M | +90.0% | ||
| 2014 | $122.15M | -21.8% | ||
| 2013 | $156.28M | +24.7% | ||
| 2012 | $125.28M | +166.2% | ||
| 2011 | $47.07M | +31.0% | ||
| 2010 | $35.93M | -3.2% | ||
| 2009 | $37.11M | -43.2% | ||
| 2008 | $65.35M | -43.5% | ||
| 2007 | $115.64M | +84.3% | ||
| 2006 | $62.75M | -21.3% | ||
| 2005 | $79.72M | +0.0% | ||
| 2004 | $79.69M | +110.0% | ||
| 2003 | $37.95M | -28.2% | ||
| 2002 | $52.87M | +8.9% | ||
| 2001 | $48.55M | +9.5% | ||
| 2000 | $44.35M | +1.8% | ||
| 1999 | $43.56M | +65.5% | ||
| 1998 | $26.33M | -10.2% | ||
| 1997 | $29.32M | +230.1% | ||
| 1996 | $8.88M | -17.8% | ||
| 1995 | $10.80M | +227.3% | ||
| 1994 | $3.30M | — |
Net Income values are taken from Essex Property Trust's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Essex Property Trust (ESS) reported net income of $672.49M – declined 9.3% year-over-year.
Through 2020–2025 (5 years), Essex Property Trust net income delivered a +3.4% annualised rate; with the latest reading among the more recent periods of the dataset.
Essex Property Trust net income peaked at $741.52M in 2024; the latest annual figure is $672.49M in 2025 (9.3% below peak).
2024 marks the peak net income at $741.52M, with the historical low of $3.30M recorded in 1994.
Among 8 Real Estate peers, Essex Property Trust (ESS) ranks 9th; the peer median for net income is $1.57B.
Essex Property Trust Net Income by Year
Essex Property Trust Net Income 2025: $672.49M
Essex Property Trust net income in 2025 was $672.49M, declined 9.3% below 2024.
Essex Property Trust Net Income 2024: $741.52M
Essex Property Trust net income in 2024 was $741.52M, surged 82.7% from 2023. This figure represents the highest annual value in the available history.
Essex Property Trust Net Income 2023: $405.82M
Essex Property Trust net income in 2023 was $405.82M, edged down 0.6% below 2022.
Essex Property Trust Net Income 2022: $408.31M
Essex Property Trust net income in 2022 was $408.31M, declined 16.4% below 2021.
Essex Property Trust Net Income 2021: $488.55M
Essex Property Trust net income in 2021 was $488.55M.
See more financial history for Essex Property Trust (ESS).
Sector peers — Net Income
Companies in the same sector as Essex Property Trust, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Simon Property Group, Inc. (SPG) | $4.61B | Real Estate |
| Prologis, Inc. (PLD) | $3.41B | Real Estate |
| American Tower Corporation (AMT) | $2.53B | Real Estate |
| Public Storage (PSA) | $1.78B | Real Estate |
| Equinix, Inc. (EQIX) | $1.35B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $1.31B | Real Estate |
| Realty Income Corporation (O) | $1.06B | Real Estate |
| Welltower Inc. (WELL) | $936.85M | Real Estate |
Frequently asked questions
What is Essex Property Trust's net income?
- Latest reported net income for Essex Property Trust (ESS) is $463.36M (period ending March 31, 2026).
How has Essex Property Trust net income changed year-over-year?
- Essex Property Trust (ESS) net income changed -9.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Essex Property Trust net income?
- Essex Property Trust (ESS) net income compound annual growth rate is +3.4% over the most recent 5 years available.
When did Essex Property Trust net income hit its highest annual value?
- Essex Property Trust net income reached its highest annual value of $741.52M in 2024.
What was Essex Property Trust net income in 2024?
- Essex Property Trust (ESS) net income in 2024 was $741.52M.
What was Essex Property Trust net income in 2025?
- Essex Property Trust (ESS) net income in 2025 was $672.49M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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