Financial insights of ESS

MyFinsight

For the year ending 2025-12-31, ESS made $1,887,345K in revenue. $669,666K in net income. Net profit margin of 35.48%.

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Total revenues	1,887,345	1,774,450	1,669,395	1,606,814
Property operating, excluding real estate taxes	353,355	326,113	299,672	283,351
Real estate taxes	205,631	193,413	185,807	183,918
Corporate-level property management expenses	49,052	48,218	45,872	40,704
Depreciation and amortization	607,542	580,220	548,438	539,319
General and administrative	71,948	98,902	63,474	56,577
Expensed acquisition and investment related costs	25	72	595	2,132
Impairment loss	-	-	-	0
Casualty loss	0	0	433	-
Total expenses	1,287,553	1,246,938	1,144,291	1,106,001
Gain on sale of real estate and land	299,524	175,583	59,238	94,416
Earnings from operations	899,316	703,095	584,342	595,229
Interest expense	258,404	235,529	212,905	204,798
Total return swap income	4,729	3,099	3,148	7,907
Interest and other income	20,004	80,951	46,259	-19,040
Equity income from co-investments	35,464	48,206	10,561	26,030
Tax benefit (expense) on unconsolidated co-investments	-2,096	-929	697	-10,236
Loss on early retirement of debt	-762	0	0	-2
Gain on remeasurement of co-investment	330	210,555	-	-
Net income	702,773	811,306	430,708	432,985
Net income attributable to noncontrolling interest	33,107	69,784	24,883	24,670
Net income available to common stockholders	669,666	741,522	405,825	408,315

Basic EPS	10.4	11.55	6.32	6.27
Diluted EPS	10.4	11.54	6.32	6.27
Basic Average Shares	64,379,418	64,228,356	64,252,232	65,079,764
Diluted Average Shares	64,399,459	64,251,234	64,253,385	65,098,186