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Operating Margin for Essex Property Trust (ESS)

As of · Reported

Metric
Profitability

TTM

38.4%

YoY change

+4.26pp

Trough year (2005)

11.8%

Peak year (1994)

154.9%

Operating Margin history chart for Essex Property Trust (ESS) from 1994 to 2025

Latest: 43.9%

Operating Margin change chart for Essex Property Trust (ESS) from 1994 to 2025

Latest: +4.26pp

Operating Margin history table for Essex Property Trust (ESS) from 1994 to 2025

  • 202543.9%+4.26pp
  • 202439.6%+4.62pp
  • 202335.0%-2.04pp
  • 202237.0%+0.25pp
  • 202136.8%+3.94pp
  • 202032.9%-0.09pp
  • 201932.9%-3.62pp
  • 201836.6%+1.89pp
  • 201734.7%+2.16pp
  • 201632.5%+4.79pp
  • 201527.7%+6.97pp
  • 201420.8%-10.15pp
  • 201330.9%-0.31pp
  • 201231.2%+2.41pp
  • 201128.8%+1.83pp
  • 201027.0%-0.38pp
  • 200927.3%-6.44pp
  • 200833.8%+20.77pp
  • 200713.0%-1.02pp
  • 200614.0%+2.20pp
  • 200511.8%-5.24pp
  • 200417.1%-3.77pp
  • 200320.8%-4.33pp
  • 200225.2%-0.36pp
  • 200125.5%-26.22pp
  • 200051.8%+1.52pp
  • 199950.2%+2.36pp
  • 199847.9%-1.43pp
  • 199749.3%+2.08pp
  • 199647.2%-98.88pp
  • 1995146.1%-8.81pp
  • 1994154.9%—

Operating Margin values are taken from Essex Property Trust's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at Essex Property Trust (ESS)

According to Essex Property Trust's latest reported financial statements, the company's latest reported operating margin is 38.4%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Essex Property Trust (ESS) most recent annual operating margin stands at 43.88% (2025) – expanded 4.3 percentage points year-over-year.

The highest annual operating margin of 154.90% was reported in 1994. The lowest in the available history was 11.82% in 2005.

Essex Property Trust Operating Margin by Year

Essex Property Trust Operating Margin 2025: 43.9%

Essex Property Trust operating margin in 2025 was 43.88%, expanded 4.3 percentage points from 2024.

Essex Property Trust Operating Margin 2024: 39.6%

2024's operating margin for Essex Property Trust came in at 39.62%, expanded 4.6 percentage points from 2023.

Essex Property Trust Operating Margin 2023: 35.0%

Essex Property Trust posted operating margin of 35.00% in 2023, contracted 2.0 percentage points from 2022.

Essex Property Trust Operating Margin 2022: 37.0%

In 2022, Essex Property Trust reported operating margin of 37.04%, expanded 0.3 percentage points from 2021.

Essex Property Trust Operating Margin 2021: 36.8%

Essex Property Trust operating margin in 2021 was 36.79%.

See more financial history for Essex Property Trust (ESS).

Sector peers by Operating Margin

Real Estate peers of Essex Property Trust (ESS), ranked by their latest operating margin

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