Essex Property Trust, Inc. (ESS) Net Income
The annual net income for Essex Property Trust, Inc. (ESS) is $575.56 Million with a year-over-year change of (14.34%). Net income represents the company's bottom line profit after all expenses, taxes, and interest.
Annual Net Income (TTM)
$575.56M
$575.56 Million
Year-over-Year Change
(14.34%)
vs. $741.52M prior year
Net Income CAGR
+6.39%
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
(14.34%)
3 Year
+5.61%
5 Year
+6.39%
10 Year
+8.56%
15 Year
+21.44%
20 Year
+11.68%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | $672.49M | ($69.03M) | (9.31%) |
| 2024 | $741.52M | +$335.70M | +82.72% |
| 2023 | $405.82M | ($2.49M) | (0.61%) |
| 2022 | $408.31M | ($80.24M) | (16.42%) |
| 2021 | $488.55M | ($80.32M) | (14.12%) |
| 2020 | $568.87M | +$129.58M | +29.50% |
| 2019 | $439.29M | +$49.13M | +12.59% |
| 2018 | $390.15M | ($42.91M) | (9.91%) |
| 2017 | $433.06M | +$18.08M | +4.36% |
| 2016 | $414.98M | +$182.86M | +78.78% |
Net Income Growth Summary
TTM Growth
(14.34%)
3-Year Avg Growth
+5.61%
5-Year Avg Growth
+6.39%
About Essex Property Trust, Inc.
Essex Property Trust, Inc., a prominent S&P 500 constituent, operates as a vertically integrated real estate investment trust (REIT). The company focuses on the purchase, construction, renovation, and ongoing management of residential apartment complexes across select West Coast regions. Currently, Essex maintains ownership interests in 246 apartment communities, offering a total of roughly 60,000 homes, with an additional six properties actively advancing through various stages of development.
- Sector
- Real Estate
- Industry
- REIT - Residential
- CEO
- Angela L. Kleiman