Essex Property Trust, Inc (ESS) Financials
Key financial figures for Essex Property Trust, Inc (Q2 2026).
Essex Property Trust grew Core FFO per diluted share 1.2% year over year to $4.08 in Q2 2026, beating its guidance midpoint by $0.10 on same-property revenue and NOI growth of 2.7% and 2.6%, and raised full-year Core FFO guidance to $16.14. Core FFO per diluted share rose 1.2% year over year to $4.08, exceeding the midpoint of prior guidance by $0.10 Same-property revenue grew 2.7% and same-property NOI grew 2.6% versus Q2 2025; both metrics improved sequentially from Q1 2026 (revenue +0.8%, NOI +1.2%) Same-property financial occupancy held at 96.3%, roughly flat versus 96.2% in Q2 2025 Net income per diluted share fell to $0.97 from $3.44 a year earlier, mainly because Q2 2025 included a gain on sale of real estate and land that did not repeat Received $87.8 million from the full redemption of three structured finance investment. On the outlook: Raised full-year 2026 Core FFO per diluted share guidance by $0.20 to a revised range of $16.03-$16.25 (midpoint $16.14, +1.3% YoY); revised full-year same-property revenue growth to 2.5%-3.1% (midpoint 2.8%) and same-property NOI growth to 2.3%-3.3% (midpoint 2.8%). Figures are for Q2 2026, as Essex Property Trust reported them.
- Revenue
- $489M
- Net Income
- $67M
- EPS
- $0.97
- Total Assets
- $12.9B
- Operating Cash Flow
- $254M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $489M | $62M | $0.97 | 22.03% | |
| Q1 FY2026 | $485M | $106M | $1.65 | 32.01% | $267M |
| Q4 FY2025 | $480M | $83M | $1.25 | 30.34% | $195M |
| Q3 FY2025 | $473M | $165M | $2.56 | 32.06% | $306M |
| Q2 FY2025 | $470M | $221M | $3.44 | 59.53% | $180M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $1.9B | $672M | $10.41 | 43.88% | $934M |
| FY2024 | $1.8B | $742M | $11.54 | 39.62% | $932M |
| FY2023 | $1.7B | $406M | $6.32 | 35% | $840M |
Frequently asked questions
What was Essex Property Trust's revenue last quarter?
Essex Property Trust reported revenue of $489.0 million for Q2 FY2026, up 4.1% from the same period a year earlier.
Is Essex Property Trust profitable?
Yes. Essex Property Trust reported net income of $62.5 million for Q2 FY2026, a net margin of 12.77% on revenue.
How has Essex Property Trust's margin trended?
Operating margin was 22.03% in Q2 FY2026, compared with 59.53% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How many quarters of Essex Property Trust financials does SentiSense hold?
SentiSense holds up to forty quarters and twenty fiscal years of income statement, balance sheet and cash flow history for ESS. The 5 most recent quarters are summarised above.
Full income statement, balance sheet and cash flow for Essex Property Trust, Inc on SentiSense, with up to forty quarters and twenty fiscal years of history.