Essex Property Trust, Inc. (ESS) Net Income CAGR:-14.34%(TTM)
Net income CAGR uses precomputed financial statement history.
Over longer horizons, Essex Property Trust, Inc.'s Net Income CAGR averages 5.61% over 3 years and 6.39% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Net income CAGR shows how Essex Property Trust, Inc.'s bottom-line profitability has grown. This reflects the company's ability to convert revenue into profits after all expenses.
ESS Net Income CAGR Chart
Essex Property Trust, Inc. (ESS)
ESS Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 20 quarters.
ESS Net Income CAGR History
| Year | Start Net Income | End Net Income | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $741.52M | $672.49M | $-69.03M | -9.31% | -9.31% |
| 2024 | $405.82M | $741.52M | +$335.70M | +82.72% | +82.72% |
| 2023 | $408.31M | $405.82M | $-2.49M | -0.61% | -0.61% |
| 2022 | $488.55M | $408.31M | $-80.24M | -16.42% | -16.42% |
| 2021 | $568.87M | $488.55M | $-80.32M | -14.12% | -14.12% |
| 2020 | $439.29M | $568.87M | +$129.58M | +29.50% | +29.50% |
| 2019 | $390.15M | $439.29M | +$49.13M | +12.59% | +12.59% |
| 2018 | $433.06M | $390.15M | $-42.91M | -9.91% | -9.91% |
| 2017 | $414.98M | $433.06M | +$18.08M | +4.36% | +4.36% |
| 2016 | $232.12M | $414.98M | +$182.86M | +78.78% | +78.78% |
| 2015 | $122.15M | $232.12M | +$109.97M | +90.03% | +90.03% |
| 2014 | $156.28M | $122.15M | $-34.13M | -21.84% | -21.84% |
| 2013 | $125.28M | $156.28M | +$31.00M | +24.74% | +24.74% |
| 2012 | $47.07M | $125.28M | +$78.21M | +166.17% | +166.17% |
| 2011 | $35.93M | $47.07M | +$11.14M | +30.99% | +30.99% |
| 2010 | $37.11M | $35.93M | $-1.17M | -3.16% | -3.16% |
| 2009 | $65.35M | $37.11M | $-28.25M | -43.22% | -43.22% |
| 2008 | $115.64M | $65.35M | $-50.28M | -43.48% | -43.48% |
| 2007 | $62.75M | $115.64M | +$52.89M | +84.29% | +84.29% |
| 2006 | $79.72M | $62.75M | $-16.97M | -21.29% | -21.29% |
| 2005 | $79.69M | $79.72M | +$23.00K | +0.03% | +0.03% |
| 2004 | $37.95M | $79.69M | +$41.75M | +110.01% | +110.01% |
| 2003 | $52.87M | $37.95M | $-14.93M | -28.23% | -28.23% |
| 2002 | $48.55M | $52.87M | +$4.33M | +8.92% | +8.92% |
| 2001 | $44.35M | $48.55M | +$4.19M | +9.45% | +9.45% |
| 2000 | $43.56M | $44.35M | +$789.00K | +1.81% | +1.81% |
| 1999 | $26.33M | $43.56M | +$17.24M | +65.47% | +65.47% |
| 1998 | $29.32M | $26.33M | $-2.99M | -10.19% | -10.19% |
| 1997 | $8.88M | $29.32M | +$20.43M | +230.10% | +230.10% |
Quarterly Net Income: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $106.19M | +27.3% | -47.7% |
| Q4 2025 | $83.39M | -49.3% | -67.6% |
| Q3 2025 | $164.62M | -25.6% | +39.0% |
| Q2 2025 | $221.36M | +9.0% | +138.2% |
| Q1 2025 | $203.11M | -21.1% | -25.5% |
| Q4 2024 | $257.45M | +117.4% | +293.7% |
| Q3 2024 | $118.42M | +27.5% | +35.7% |
| Q2 2024 | $92.91M | -65.9% | -6.7% |
| Q1 2024 | $272.73M | +317.1% | +77.6% |
| Q4 2023 | $65.39M | -25.1% | -64.7% |
| Q3 2023 | $87.28M | -12.4% | -6.0% |
| Q2 2023 | $99.62M | -35.1% | +74.6% |
| Q1 2023 | $153.53M | -17.1% | +109.6% |
| Q4 2022 | $185.16M | +99.4% | +35.3% |
| Q3 2022 | $92.84M | +62.7% | -21.6% |
| Q2 2022 | $57.05M | -22.1% | -12.0% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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