Essex Property Trust Inc. logo

ESS

Essex Property Trust Inc.

$217.72

Earnings Summary

Revenue
$375.37Mn
Net Profits
$128.82Mn
Net Profit Margins
34.32%

Highlights

Revenue:

Essex Property Trust Inc.’s revenue jumped 6.29% since last year same period to $375.37Mn in the Q4 2019. On a quarterly growth basis, Essex Property Trust Inc. has generated 2.3% jump in its revenue since last 3-months.

Net Profits:

Essex Property Trust Inc.’s net profit jumped 9.33% since last year same period to $128.82Mn in the Q4 2019. On a quarterly growth basis, Essex Property Trust Inc. has generated 29.68% jump in its net profits since last 3-months.

Net Profit Margins:

Essex Property Trust Inc.’s net profit margin jumped 2.87% since last year same period to 34.32% in the Q4 2019. On a quarterly growth basis, Essex Property Trust Inc. has generated 26.77% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Essex Property Trust Inc. post its latest quarter earnings

EPS Estimate Current Quarter
1.51
EPS Estimate Current Year
1.51

Highlights

EPS Estimate Current Quarter:

Essex Property Trust Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.51 - a 9.42% jump from last quarter’s estimates.

EPS Estimate Current Year:

Essex Property Trust Inc.’s earning per share (EPS) estimates for the current year stand at 1.51.

Key Ratios

Key ratios of the Essex Property Trust Inc. post its Q2 2022 earnings

Earning Per Share (EPS)
0.87
Return on Assets (ROA)
0.03
Return on Equity (ROE)
6.18
Dividend Per Share (DPS)
2.2

Highlights

Earning Per Share (EPS):

Essex Property Trust Inc.’s earning per share (EPS) fell -13% since last year same period to 0.87 in the Q2 2022. This indicates that the Essex Property Trust Inc. has generated -13% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Essex Property Trust Inc.’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Essex Property Trust Inc.’s return on equity (ROE) stands at 6.18.

Dividend Per Share (DPS):

Essex Property Trust Inc. declared 2.2 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-04-27
1.19
1.12
-5.88%
2022-07-27
1.35
0.87
-35.56%

Company Information

Essex Property Trust, Inc. ('Essex'), an S&P 500 company, is a fully integrated real estate investment trust ('REIT') that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.

Organisation
Essex Property Trust Inc.
Headquarters
1100 Park Place, San Mateo, CA, United States, 94403
Employees
1739
Industry
Finance
CEO
Michael Schall

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