Last quarter (Q4 2023), Essex Property's total revenue was $421.75M, an increase of 1.58% from the same quarter last year. In Q4, Essex Property's net income was $65.39M. See Essex Property’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 1.67B	$ 1.67B	$ 1.61B	$ 1.44B	$ 1.50B	$ 1.46B
Cost of Revenue	$ 347.09M	$ 531.35M	$ 242.65M	$ 228.66M	$ 474.97M	$ 430.59M
Gross Profit	$ 1.53B	$ 1.14B	$ 1.36B	$ 1.21B	$ 1.02B	$ 1.03B
Operating Expense	$ 797.98M	$ 798.31M	$ 781.95M	$ 752.47M	$ 590.88M	$ 538.01M
Operating Income	$ 525.44M	$ 584.34M	$ 595.23M	$ 459.42M	$ 429.89M	$ 491.55M
Net Non Operating Interest Income Expense	$ -153.67M	$ -212.91M	$ -204.80M	$ -203.13M	$ -179.63M	$ -171.04M
Other Income Expense	$ -71.58M	$ -72.95M	$ -128.35M	$ -246.48M	$ 350.61M	$ 145.40M
Pretax Income	$ 454.03M	$ 477.76M	$ 505.77M	$ 502.78M	$ 600.86M	$ 465.90M
Tax Provision	$ 697.00K	$ 697.00K	$ -10.24M	$ 15.67M	$ 1.53M	$ 1.46M
Earnings From Equity Interest Net Of Tax	$ 10.56M	$ 10.56M	$ 26.03M	$ 111.72M	-	-
Net Income Common Stockholders	$ 405.82M	$ 405.82M	$ 408.31M	$ 488.55M	$ 568.87M	$ 439.29M
Basic EPS	$ 6.31	$ 6.32	$ 6.27	$ 7.51	$ 8.69	$ 6.67
Diluted EPS	$ 6.31	$ 6.32	$ 6.27	$ 7.51	$ 8.69	$ 6.66
Basic Average Shares	$ 257.01M	$ 64.25M	$ 65.08M	$ 65.05M	$ 65.45M	$ 65.84M
Diluted Average Shares	$ 257.01M	$ 64.25M	$ 65.10M	$ 65.09M	$ 65.56M	$ 65.94M
Dividend Per Share	$ 9.24	$ 9.24	$ 8.80	$ 8.36	$ 8.31	$ 7.80
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 1.46B	$ 1.05B	$ 1.02B	$ 981.13M	$ 1.07B	$ 968.61M
Net Income From Continuing And Discontinued Operation	$ 405.82M	$ 405.82M	$ 408.31M	$ 488.55M	$ 568.87M	$ 439.29M
Normalized Income	$ 88.52M	-	-	-	$ 519.59M	$ 437.57M
Interest Expense	-	-	-	-	$ 220.63M	$ 217.34M
EBIT	$ 661.71M	$ 643.61M	$ 710.57M	$ 705.90M	$ 821.50M	$ 683.24M
EBITDA	$ 1.22B	$ 1.19B	$ 1.26B	$ 1.24B	$ 1.35B	$ 1.17B

Currency in USD

Essex Property Earnings and Revenue History

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