Essex Property Trust
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Essex Property Trust's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $1,669,395,000. Profit margin reached 24%. Total operating expenses were $563,668,000.
Profit Margin
| 2014 | 969.30M | 122.15M | 12.6% |
|---|---|---|---|
| 2015 | 1.19B | 232.12M | 19.43% |
| 2016 | 1.29B | 414.97M | 32.07% |
| 2017 | 1.36B | 433.05M | 31.75% |
| 2018 | 1.40B | 390.15M | 27.87% |
| 2019 | 1.46B | 439.28M | 30.08% |
| 2020 | 1.49B | 568.87M | 38.03% |
| 2021 | 1.44B | 488.55M | 33.91% |
| 2022 | 1.60B | 408.31M | 25.41% |
| 2023 | 1.66B | 405.82M | 24.31% |
ESS Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.66B | 1.60B | 1.44B | 1.49B | 1.46B | 1.40B | 1.36B | 1.29B | 1.19B | 969.30M |
Cost of revenue | 544.71M | 507.97M | 481.44M | 474.97M | 430.59M | 416.39M | 405.54M | 388.92M | 363.50M | 310.91M |
Gross profit | 1.12B | 1.09B | 959.10M | 1.02B | 1.02B | 983.65M | 958.35M | 905.07M | 830.89M | 658.39M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 563.66M | 595.51M | 571.90M | 590.88M | 538.01M | 533.33M | 510.26M | 482.43M | 493.51M | 401.47M |
Operating income | 584.34M | 595.22M | 529.99M | 772.09M | 674.22M | 450.12M | 446.52M | 420.8M | 331.17M | 201.51M |
Other income (expenses), net | -153.63M | -172.48M | 1.36M | 109.42M | -208.31M | 148.19M | -14.90M | 200.81M | -82.93M | -67.07M |
Income before tax | 430.70M | 422.74M | 531.35M | 600.86M | 465.90M | 413.59M | 458.04M | 442.82M | 248.23M | 134.43M |
Income tax expense | -299.67M | -10.23M | 15.66M | 1.53M | 1.45M | 183.96M | 412.86M | 4.41M | 271.16M | 216.73M |
Net income | 405.82M | 408.31M | 488.55M | 568.87M | 439.28M | 390.15M | 433.05M | 414.97M | 232.12M | 122.15M |
Earnings per share | ||||||||||
Basic EPS | 6.32 | 6.27 | 7.51 | 8.69 | 6.67 | 5.91 | 6.58 | 6.28 | 3.5 | 2.07 |
Diluted EPS | 6.32 | 6.27 | 7.51 | 8.68 | 6.66 | 5.9 | 6.57 | 6.27 | 3.49 | 2.06 |
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