Research › Fact Sheets › ESS

ESSEX PROPERTY TRUST, INC.

LISTEDNYSE

SYMBOLESS

SIC6798

STATE OF INC.MD

FISCAL YEAR ENDSDecember 31

CIK920522

REAL ESTATE INVESTMENT TRUSTS · LARGE ACCELERATED FILER · 10 FISCAL YEARS OF SEC XBRL DATA, 2016–2025

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)	Amount	%
Total debt	6,800	55.1
Stockholders' equity	5,541	44.9
Total capitalization	12,342	100.0

64,268,439 shares outstanding at 23 July 2026 (cover page of the 10-Q filed 30 July 2026).

LONG-TERM DEBT 12/31/25

($ millions)	Amount
Not tagged in XBRL

CAPITAL STOCK 12/31/25

Common shares authorized	670,000,000
Common shares issued	64,442,290
Par or stated value per share ($)	0.0001
Outstanding at 7/23/26	64,268,439

DIVIDENDS DECLARED/PAID

Fiscal year	Per share $	Payout %
2025	10.28	98.8
2024	9.80	84.9
2023	9.24	146.2
2022	8.80	140.4
2021	8.36	111.3

HISTORY AND BUSINESS

HISTORY: Incorporated in Maryland. Formerly known as ESSEX PORTFOLIO LP (to 11 December 2018).

BUSINESS: Classified by the SEC under Standard Industrial Classification 6798, Real Estate Investment Trusts. Large accelerated filer. Principal executive office: 1100 Park Place, Suite 200, San Mateo, CA 94403. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)	12/31/25	12/31/24	12/31/23
Total revenues	9	10	11
Rental revenue	1,878	1,764	1,658
Depreciation and amortization	608	580	548
Operating income	899	703	584
Interest expense	258	236	213
Net income	703	811	431
Earned per share, diluted ($)	10.40	11.54	6.32
Dividends per share ($)	10.28	9.80	9.24

CONSOLIDATED BALANCE SHEET

($ millions)	12/31/25	12/31/24
Real estate, net	11,905	11,439
Cash and equivalents	76	67
Total assets	13,159	12,927
Debt	784	990
Total liabilities	7,422	7,176
Stockholders' equity	5,541	5,537

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year ended	Revenues	Oper. income	Net income	Net margin %	EPS diluted $	Div. per share $	Oper. cash flow	Capital expend.	Free cash flow	Total assets	Total liabilities	Total debt	Stockholders' equity	ROE %	Debt / equity
12/31/25	1,887	899	670	35.5	10.40	10.28	1,074	–	–	13,159	7,422	6,800	5,541	12.1	1.23
12/31/24	1,774	703	742	41.8	11.54	9.80	1,068	–	–	12,927	7,176	6,602	5,537	13.4	1.19
12/31/23	1,669	584	406	24.3	6.32	9.24	980	–	–	12,361	6,735	6,206	5,423	7.5	1.14
12/31/22	1,607	595	408	25.4	6.27	8.80	976	–	–	12,373	6,451	5,958	5,716	7.1	1.04
12/31/21	1,441	530	489	33.9	7.51	8.36	905	–	–	12,998	6,787	639	5,994	8.2	0.11
12/31/20	1,496	491	569	38.0	8.69	8.31	803	–	–	12,936	6,721	644	6,000	9.5	0.11
12/31/19	1,460	481	439	30.1	6.66	7.80	919	–	–	12,705	6,264	991	6,220	7.1	0.16
12/31/18	1,400	512	390	27.9	5.90	7.44	827	–	–	12,384	5,954	1,807	6,267	6.2	0.29
12/31/17	1,364	473	433	31.8	6.57	7.00	770	–	–	12,496	6,060	2,008	6,277	6.9	0.32
12/31/16	1,294	421	415	32.1	6.27	6.40	717	–	–	12,217	5,880	2,191	6,192	6.7	0.35

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

ESSEX PROPERTY TRUST, INC.
CIK 920522 · EIN 77-0369576

PRINCIPAL OFFICE:

1100 Park Place, Suite 200, San Mateo, CA 94403
Tel.: 6506557800

INCORPORATED:

Maryland

INDUSTRY (SEC SIC CODE):

6798 · Real Estate Investment Trusts

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 20 February 2026

FORMER NAMES:

ESSEX PORTFOLIO LP; ESSEX PROPERTY TRUST INC

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

9/25/26	8-K	period 9/24/26
9/11/26	8-K	period 9/11/26
7/30/26	10-Q	period 6/30/26
7/29/26	8-K	period 7/29/26
5/29/26	8-K	period 5/29/26
5/14/26	8-K	period 5/12/26
4/29/26	10-Q	period 3/31/26
4/28/26	8-K	period 4/28/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/20/26) · 10-K FY2024 (filed 2/21/25) · 10-K FY2023 (filed 2/23/24) · 10-K FY2022 (filed 2/23/23) · 10-K FY2021 (filed 2/25/22) · 10-K FY2018 (filed 2/21/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.