# ESSEX PROPERTY TRUST, INC. (ESS) · Edgar & Edgarette company card

> Essex Property Trust (ESS) grew revenue 6.4% in FY2025 to $1.9 billion, operating margin 47.6% against a 24.7% median for real estate investment trusts, equity 42.1% of assets, and dividend per share up 9 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 920522 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/ESS) · [JSON](https://www.pops4.com/boards/company/ESS.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $1.9B |
| Revenue growth, 1 year | 6.4% |
| Revenue growth per year | 7.0% |
| Operating margin | 47.6% (prior year 39.6%) |
| Net margin | 37.2% |
| Operating cash flow | $1.1B |
| Capital spending | — |
| Free cash flow | — |
| Cash | $76M |
| Long-term debt | — |
| Total assets | $13.2B |
| Total equity | $5.5B |
| Equity ÷ assets | 42.1% |
| Return on equity | 12.7% |
| Dividend per share | $10.28 |
| Dividend years rising | 9 |

## Readings, computed from those figures

- Piotroski F: 6 of 9 (solid)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $1.9B (FY2025). Experience: revenue up 6.4% on the year, up 7.0% a year over 4 years; operating margin 47.6%, up from 39.6%. Soundness: equity 42.1% of assets, return on equity 12.7%, dividend per share up 9 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.8B and $2.1B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $1.7B to $2.3B. A statistical range, not company guidance. Against peers (79 filers, $50M+ revenue, real estate investment trusts): operating margin 47.6% against a 24.7% median; growth 6.4% against 3.7%.

Range logged 2026-09-26, receipt cf9fcfcb2e15b88a, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

No warning filings in the window.

## Recent filings

- 10-Q · filed 2026-10-28 · [filing](https://www.sec.gov/Archives/edgar/data/920522/000092052226000030/0000920522-26-000030-index.htm)
- 8-K · filed 2026-10-27 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/920522/000114036126040903/0001140361-26-040903-index.htm)
- 8-K · filed 2026-09-25 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation · [filing](https://www.sec.gov/Archives/edgar/data/920522/000092052226000027/0000920522-26-000027-index.htm)
- 8-K · filed 2026-09-11 · 7.01 Regulation FD Disclosure · [filing](https://www.sec.gov/Archives/edgar/data/920522/000092052226000025/0000920522-26-000025-index.htm)
- 10-Q · filed 2026-07-30 · [filing](https://www.sec.gov/Archives/edgar/data/920522/000092052226000022/0000920522-26-000022-index.htm)
- 8-K · filed 2026-07-29 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/920522/000114036126030060/0001140361-26-030060-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000920522.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=920522

## Cite

POPS4, Edgar & Edgarette: ESSEX PROPERTY TRUST, INC. (ESS) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/ESS. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.