For the year ending 2025-12-31, ESS has $13,159,009K in assets. $7,422,114K in debts. $76,241K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Land and land improvements | 3,363,169 | 3,246,789 | 3,036,912 | 3,043,321 |
| Buildings and improvements | 15,073,416 | 14,342,729 | 13,098,311 | 12,922,906 |
| Total rental properties | 18,436,585 | 17,589,518 | 16,135,223 | 15,966,227 |
| Less accumulated depreciation | 6,532,003 | 6,150,618 | 5,664,931 | 5,152,133 |
| Net real estate | 11,904,582 | 11,438,900 | 10,470,292 | 10,814,094 |
| Real estate under development | 157,122 | 52,682 | 23,724 | 24,857 |
| Co-investments | 630,550 | 935,014 | 1,061,733 | 1,127,491 |
| Total real estate | 12,692,254 | 12,426,596 | 11,555,749 | 11,966,442 |
| Cash and cash equivalents-unrestricted | 76,241 | 66,795 | 391,749 | 33,295 |
| Cash and cash equivalents-restricted | 9,345 | 9,051 | 8,585 | 9,386 |
| Marketable securities, net of allowance for credit losses of zero as of both december 31, 2022 and december 31, 2021 | - | - | - | 112,743 |
| Marketable securities | 98,070 | 69,794 | 87,795 | - |
| Notes and other receivables, net of allowance for credit losses of 0.6 million and 0.5 million as of december31, 2025 and december31, 2024, respectively | 141,591 | 206,706 | 174,621 | 103,045 |
| Operating lease right-of-use assets | 50,833 | 51,556 | 63,757 | 67,239 |
| Prepaid expenses and other assets | 90,675 | 96,861 | 79,171 | 80,755 |
| Total assets | 13,159,009 | 12,927,359 | 12,361,427 | 12,372,905 |
| Unsecured debt, net | 6,015,921 | 5,473,788 | 5,318,531 | 5,312,168 |
| Mortgage notes payable, net | 784,348 | 989,884 | 887,204 | 593,943 |
| Lines of credit | - | 137,945 | 0 | 52,073 |
| Lines of credit and commercial paper | 0 | - | - | - |
| Accounts payable and accrued liabilities | 221,351 | 212,747 | 176,401 | 165,461 |
| Construction payable | 24,743 | 14,347 | 20,659 | 23,159 |
| Dividends payable | 173,698 | 165,443 | 155,695 | 149,166 |
| Distributions in excess of investments in co-investments | 98,837 | 79,273 | 65,488 | 42,532 |
| Operating lease liabilities | 51,487 | 52,473 | 65,091 | 68,696 |
| Other liabilities | 51,729 | 50,220 | 46,175 | 43,441 |
| Total liabilities | 7,422,114 | 7,176,120 | 6,735,244 | 6,450,639 |
| Redeemable noncontrolling interest | 28,263 | 30,849 | 32,205 | 27,150 |
| Common stock 0.0001 par value, 670,000,000 shares authorized 64,442,290 and 64,280,466 shares issued and outstanding, respectively | 6 | 6 | 6 | 6 |
| Additional paid-in capital | 6,683,514 | 6,668,047 | 6,656,720 | 6,750,076 |
| Distributions in excess of accumulated earnings | 1,148,195 | 1,155,662 | 1,267,536 | 1,080,176 |
| Accumulated other comprehensive income, net | 6,047 | 24,655 | 33,556 | 46,466 |
| Total stockholders equity | 5,541,372 | 5,537,046 | 5,422,746 | 5,716,372 |
| Noncontrolling interest | 167,260 | 183,344 | 171,232 | 178,744 |
| Total equity | 5,708,632 | 5,720,390 | 5,593,978 | 5,895,116 |
| Total liabilities and equity | 13,159,009 | 12,927,359 | 12,361,427 | 12,372,905 |
ESSEX PROPERTY TRUST, INC. (ESS)
ESSEX PROPERTY TRUST, INC. (ESS)