Direct Answer
Essex Property Trust reported revenue of $1.9 billion for the fiscal year ended December 31, 2025, with an operating margin of 47.6% and net income of $703 million, according to its SEC filings. Revenue grew 6.4% from the prior year.
What Are Essex Property Trust's Key Financial Figures?
| Fiscal year | FY2025 ended December 31, 2025 | FY2024 ended December 31, 2024 | FY2023 ended December 31, 2023 | FY2022 ended December 31, 2022 |
|---|---|---|---|---|
| Revenue | $1.9 billion | $1.8 billion | $1.7 billion | $1.6 billion |
| Operating income | $899 million | $703 million | $584 million | $595 million |
| Operating margin | 47.6% | 39.6% | 35.0% | 37.0% |
| Net income | $703 million | $811 million | $431 million | $433 million |
| Net margin | 37.2% | 45.7% | 25.8% | 26.9% |
| Operating cash flow | $1.1 billion | $1.1 billion | $980 million | $976 million |
| Capital expenditures | Not reported | Not reported | Not reported | Not reported |
| Free cash flow | Not reported | Not reported | Not reported | Not reported |
Operating margin widened by 8.0 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone.
What Does Essex Property Trust's Balance Sheet Show?
| Cash and cash equivalents | $76 million |
|---|---|
| Long-term debt | Not reported |
| Total assets | $13.2 billion |
| Total liabilities | $7.4 billion |
| Shareholders' equity | $5.5 billion |
| Current ratio | n/a |
Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.
Where These Numbers Come From
Every figure on this page is a value Essex Property Trust reported in its own SEC filings, read from the SEC's XBRL data (accession 0000920522-26-000003 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.
Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.
Frequently Asked Questions
What was Essex Property Trust's revenue in fiscal 2025?
Essex Property Trust reported revenue of $1.9 billion for the fiscal year ended December 31, 2025, according to its SEC filings.
What is Essex Property Trust's operating margin?
Essex Property Trust's operating margin was 47.6% in fiscal 2025: operating income of $899 million on revenue of $1.9 billion.
How much free cash flow did Essex Property Trust generate?
Essex Property Trust did not report both operating cash flow and capital expenditures under the standard tags for fiscal 2025, so free cash flow is not computed here.