Financial insights of ESS

MyFinsight

For the quarter ending 2026-03-31, ESS made $484,756K in revenue. $106,186K in net income. Net profit margin of 21.91%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Total revenues	484,756	479,626	473,303	469,833
Expensed acquisition and investment related costs	0	0	25	0
Property operating, excluding real estate taxes	89,131	89,521	91,413	86,394
Real estate taxes	52,125	51,979	52,023	49,035
Corporate-level property management expenses	13,398	12,284	12,216	12,220
Depreciation and amortization	154,895	153,265	151,489	151,501
Casualty loss	-	0	-	-
General and administrative	20,014	20,441	18,058	17,157
Total expenses	329,563	327,490	325,224	316,307
Gain on sale of real estate and land	0	0	62,320	126,174
Earnings from operations	155,193	152,136	210,399	279,700
Interest expense	65,564	65,750	64,660	65,262
Total return swap income	1,542	1,129	1,329	1,071
Interest and other income	1,036	3,007	5,900	6,808
Equity income from co-investments	23,615	-4,520	17,798	8,977
Tax benefit on unconsolidated technology co-investments	3,614	257	-1,958	-232
Loss on early retirement of debt	0	0	0	0
Gain on remeasurement of co-investment	0	0	0	0
Net income	112,208	85,745	172,724	231,526
Net income attributable to noncontrolling interest	6,022	5,172	8,103	10,164
Net income available to common stockholders	106,186	80,573	164,621	221,362

Basic EPS	1.65	1.251	2.56	3.44
Diluted EPS	1.65	1.251	2.56	3.44
Basic Average Shares	64,454,912	64,412,777	64,404,008	64,385,988
Diluted Average Shares	64,461,621	64,422,084	64,418,240	64,407,613

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.