Operating Income for Essex Property Trust (ESS)
According to Essex Property Trust's latest reported financial statements, the company's current operating income (TTM) is $732.14M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$732.14M
YoY change
+18.6%
5Y CAGR
+11.2%
Peak year (2025)
$834.03M
Cumulative operating income
$7.74B
Operating Income history chart for Essex Property Trust (ESS) from 1994 to 2025
Operating Income history table for Essex Property Trust (ESS) from 1994 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $834.03M | +18.6% | ||
| 2024 | $703.10M | +20.3% | ||
| 2023 | $584.34M | -1.8% | ||
| 2022 | $595.23M | +12.3% | ||
| 2021 | $530.00M | +7.8% | ||
| 2020 | $491.44M | +2.1% | ||
| 2019 | $481.11M | -6.0% | ||
| 2018 | $511.99M | +8.3% | ||
| 2017 | $472.94M | +12.4% | ||
| 2016 | $420.80M | +27.1% | ||
| 2015 | $331.17M | +64.3% | ||
| 2014 | $201.51M | +6.8% | ||
| 2013 | $188.71M | +13.0% | ||
| 2012 | $167.03M | +24.1% | ||
| 2011 | $134.62M | +21.7% | ||
| 2010 | $110.63M | -1.7% | ||
| 2009 | $112.50M | -18.5% | ||
| 2008 | $137.98M | +179.8% | ||
| 2007 | $49.32M | +3.5% | ||
| 2006 | $47.66M | +28.3% | ||
| 2005 | $37.15M | -24.9% | ||
| 2004 | $49.48M | -1.0% | ||
| 2003 | $49.98M | -4.6% | ||
| 2002 | $52.41M | +14.4% | ||
| 2001 | $45.81M | -51.6% | ||
| 2000 | $94.58M | +28.9% | ||
| 1999 | $73.36M | +22.3% | ||
| 1998 | $59.97M | +43.8% | ||
| 1997 | $41.69M | +74.2% | ||
| 1996 | $23.93M | -67.2% | ||
| 1995 | $72.90M | +130.7% | ||
| 1994 | $31.60M | — |
Operating 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
The 2025 reading of Essex Property Trust (ESS) operating income is $834.03M – grew 18.6% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Essex Property Trust operating income compounded at +11.2% per year, sustaining 2 straight years of year-over-year growth.
$834.03M stands as the all-time-high annual operating income, posted in 2025, against a low of $23.93M during 1996.
Essex Property Trust (ESS) sits 7th of 8 Real Estate peers we track on this metric, against a peer median of $2.05B.
Essex Property Trust Operating Income by Year
Essex Property Trust Operating Income 2025: $834.03M
Essex Property Trust operating income in 2025 was $834.03M, grew 18.6% from 2024. This figure represents the highest annual value in the available history.
Essex Property Trust Operating Income 2024: $703.10M
Essex Property Trust operating income in 2024 was $703.10M, grew 20.3% from 2023.
Essex Property Trust Operating Income 2023: $584.34M
Essex Property Trust operating income in 2023 was $584.34M, edged down 1.8% below 2022.
Essex Property Trust Operating Income 2022: $595.23M
Essex Property Trust operating income in 2022 was $595.23M, grew 12.3% from 2021.
Essex Property Trust Operating Income 2021: $530.00M
Essex Property Trust operating income in 2021 was $530.00M.
See more financial history for Essex Property Trust (ESS).
Sector peers — Operating Income
Companies in the same sector as Essex Property Trust, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| American Tower Corporation (AMT) | $4.88B | Real Estate |
| Prologis, Inc. (PLD) | $3.54B | Real Estate |
| Simon Property Group, Inc. (SPG) | $3.18B | Real Estate |
| Public Storage (PSA) | $2.25B | Real Estate |
| Equinix, Inc. (EQIX) | $1.85B | Real Estate |
| Realty Income Corporation (O) | $1.63B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $658.49M | Real Estate |
| Welltower Inc. (WELL) | $355.17M | Real Estate |
Frequently asked questions
What is Essex Property Trust's operating income?
- Latest reported operating income for Essex Property Trust (ESS) is $732.14M (period ending March 31, 2026).
How has Essex Property Trust operating income changed year-over-year?
- Essex Property Trust (ESS) operating income changed +18.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Essex Property Trust operating income?
- Essex Property Trust (ESS) operating income compound annual growth rate is +11.2% over the most recent 5 years available.
When did Essex Property Trust operating income hit its highest annual value?
- Essex Property Trust operating income reached its highest annual value of $834.03M in 2025.
What was Essex Property Trust operating income in 2024?
- Essex Property Trust (ESS) operating income in 2024 was $703.10M.
What was Essex Property Trust operating income in 2025?
- Essex Property Trust (ESS) operating income in 2025 was $834.03M.
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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