Essex Property Trust, Inc. (ESS) Operating Margin: 38.38%
Is Essex Property Trust, Inc.’s operating margin high or low?
Essex Property Trust, Inc.'s operating margin of 38.38% is in line with its 5-year average of 37.53%, around the middle of its 5-year range (32.86%–43.88%).
As of Saturday, June 13, 2026. 8.07% below its 12-month average of 41.75%.
ESS Operating Margin Chart
ESS Average Operating Margin Chart
ESS Current vs Average Operating Margin Chart
ESS Operating Margin Metrics
OPERATING MARGIN
38.38%
OPERATING MARGIN AVG TTM
41.75%
OPERATING MARGIN AVG 3Y
38.88%
OPERATING MARGIN AVG 5Y
37.53%
OPERATING MARGIN AVG 10Y
35.42%
OPERATING MARGIN AVG 15Y
33.02%
OPERATING MARGIN AVG 20Y
29.92%
CURRENT VS TTM AVG
-8.07%
CURRENT VS 3Y AVG
-1.30%
CURRENT VS 5Y AVG
+2.26%
CURRENT VS 10Y AVG
+8.35%
CURRENT VS 15Y AVG
+16.24%
CURRENT VS 20Y AVG
+28.29%
ESS Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Essex Property Trust, Inc. (ESS) | $18.23B | 38.38% | 41.75% | 38.88% | 37.53% |
| Kimco Realty Corporation (KIM) | $17.47B | 36.08% | 33.02% | 33.65% | 32.85% |
| SBA Communications Corporation (SBAC) | $21.72B | 47.63% | 51.13% | 42.86% | 39.29% |
| Federal Realty Investment Trust (FRT) | $10.87B | 41.58% | 37.61% | 40.03% | 39.38% |
| AvalonBay Communities, Inc. (AVB) | $26.53B | 29.15% | 30.75% | 30.95% | 30.23% |
| Agree Realty Corporation (ADC) | $9.11B | 48.03% | 48.18% | 48.61% | 50.68% |
| NNN REIT, Inc. (NNN) | $8.86B | 63.13% | 64.00% | 64.37% | 62.66% |
| Terreno Realty Corporation (TRNO) | $7.15B | 40.81% | 39.54% | 40.06% | 43.51% |
| VICI Properties Inc. (VICI) | $30.71B | 98.67% | 91.57% | 84.63% | 84.79% |
| Opendoor Technologies Inc. (OPEN) | $3.40B | -9.93% | -6.23% | -6.00% | -6.38% |
Operating Efficiency
Gross Margin
69.4%
Operating Margin
38.4%
Essex Property Trust, Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Essex Property Trust, Inc. Operating Margin FAQ
- What is the operating margin for Essex Property Trust, Inc. (ESS)?
- The operating margin for ESS stock is 38.38%.
- Is Essex Property Trust, Inc.'s operating margin high or low?
- Essex Property Trust, Inc.'s operating margin of 38.38% is in line with its 5-year average of 37.53%, around the middle of its 5-year range (32.86%–43.88%).
- What is the TTM average operating margin for Essex Property Trust, Inc. (ESS)?
- The TTM average operating margin for ESS stock is 41.75%.
- What is the 3Y average operating margin for Essex Property Trust, Inc. (ESS)?
- The 3Y average operating margin for ESS stock is 38.88%.
- What is the 5Y average operating margin for Essex Property Trust, Inc. (ESS)?
- The 5Y average operating margin for ESS stock is 37.53%.
- What is the 10Y average operating margin for Essex Property Trust, Inc. (ESS)?
- The 10Y average operating margin for ESS stock is 35.42%.
- What is the 15Y average operating margin for Essex Property Trust, Inc. (ESS)?
- The 15Y average operating margin for ESS stock is 33.02%.
- What is the 20Y average operating margin for Essex Property Trust, Inc. (ESS)?
- The 20Y average operating margin for ESS stock is 29.92%.
Essex Property Trust, Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 43.88% |
| 2024-12-31 | 39.62% |
| 2023-12-31 | 35.00% |
| 2022-12-31 | 37.04% |
| 2021-12-31 | 36.79% |
| 2020-12-31 | 32.86% |
| 2019-12-31 | 32.95% |
| 2018-12-31 | 36.57% |
| 2017-12-31 | 34.68% |
| 2016-12-31 | 32.52% |
| 2015-12-31 | 27.73% |
| 2014-12-31 | 20.75% |
| 2013-12-31 | 30.91% |
| 2012-12-31 | 31.21% |
| 2011-12-31 | 28.80% |
| 2010-12-31 | 26.96% |
| 2009-12-31 | 27.35% |
| 2008-12-31 | 33.78% |
| 2007-12-31 | 13.01% |
| 2006-12-31 | 14.03% |
| 2005-12-31 | 11.82% |
| 2004-12-31 | 17.07% |
| 2003-12-31 | 20.84% |
| 2002-12-31 | 25.17% |
| 2001-12-31 | 25.53% |
| 2000-12-31 | 51.75% |
| 1999-12-31 | 50.23% |
| 1998-12-31 | 47.87% |
| 1997-12-31 | 49.30% |
| 1996-12-31 | 47.22% |
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