Essex Property Trust (ESS) Revenue & Revenue Breakdown

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Essex Property Trust Revenue Highlights

Latest Revenue (Y)

$1.67B

Latest Revenue (Q)

$450.70M

Main Segment (Y)

Management And Other Fees From Affiliates Income

Main Geography (Y)

Santa Mateo, CA

Essex Property Trust Revenue by Period

Essex Property Trust Revenue by Year

Date	Revenue	Change
2023-12-31	$1.67B	3.89%
2022-12-31	$1.61B	11.54%
2021-12-31	$1.44B	-3.69%
2020-12-31	$1.50B	2.44%
2019-12-31	$1.46B	4.29%
2018-12-31	$1.40B	2.65%
2017-12-31	$1.36B	5.40%
2016-12-31	$1.29B	8.34%
2015-12-31	$1.19B	23.22%
2014-12-31	$969.30M	57.94%
2013-12-31	$613.70M	12.93%
2012-12-31	$543.42M	15.01%
2011-12-31	$472.49M	13.65%
2010-12-31	$415.73M	1.06%
2009-12-31	$411.39M	-0.36%
2008-12-31	$412.89M	6.27%
2007-12-31	$388.52M	11.62%
2006-12-31	$348.07M	6.35%
2005-12-31	$327.29M	15.45%
2004-12-31	$283.48M	20.91%
2003-12-31	$234.45M	17.15%
2002-12-31	$200.12M	-2.68%
2001-12-31	$205.63M	15.05%
2000-12-31	$178.74M	22.39%
1999-12-31	$146.04M	16.59%
1998-12-31	$125.26M	48.11%
1997-12-31	$84.57M	66.83%
1996-12-31	$50.69M	1.59%
1995-12-31	$49.90M	144.61%
1994-12-31	$20.40M	-

Essex Property Trust generated $1.67B in revenue during NA 2023, up 3.89% compared to the previous quarter, and up 119.24% compared to the same period a year ago.

Essex Property Trust Revenue by Quarter

Date	Revenue	Change
2024-09-30	$450.70M	1.89%
2024-06-30	$442.36M	3.61%
2024-03-31	$426.93M	1.23%
2023-12-31	$421.75M	0.61%
2023-09-30	$419.18M	0.75%
2023-06-30	$416.04M	0.88%
2023-03-31	$412.42M	-0.67%
2022-12-31	$415.18M	1.33%
2022-09-30	$409.75M	2.44%
2022-06-30	$399.98M	4.73%
2022-03-31	$381.90M	2.77%
2021-12-31	$371.60M	2.41%
2021-09-30	$362.86M	3.38%
2021-06-30	$350.98M	-1.17%
2021-03-31	$355.13M	-1.92%
2020-12-31	$362.07M	-2.36%
2020-09-30	$370.81M	0.08%
2020-06-30	$370.50M	-5.57%
2020-03-31	$392.37M	4.53%
2019-12-31	$375.37M	2.30%
2019-09-30	$366.93M	1.46%
2019-06-30	$361.63M	1.52%
2019-03-31	$356.22M	0.87%
2018-12-31	$353.16M	0.64%
2018-09-30	$350.92M	0.63%
2018-06-30	$348.72M	0.42%
2018-03-31	$347.25M	0.63%
2017-12-31	$345.06M	0.20%
2017-09-30	$344.37M	1.57%
2017-06-30	$339.06M	1.09%
2017-03-31	$335.40M	1.93%
2016-12-31	$329.04M	-0.04%
2016-09-30	$329.17M	2.36%
2016-06-30	$321.59M	2.35%
2016-03-31	$314.20M	1.11%
2015-12-31	$310.75M	2.01%
2015-09-30	$304.63M	2.86%
2015-06-30	$296.16M	4.70%
2015-03-31	$282.87M	1.50%
2014-12-31	$278.70M	3.04%
2014-09-30	$270.48M	4.25%
2014-06-30	$259.45M	60.51%
2014-03-31	$161.65M	3.46%
2013-12-31	$156.25M	0.22%
2013-09-30	$155.90M	1.63%
2013-06-30	$153.40M	2.72%
2013-03-31	$149.34M	3.13%
2012-12-31	$144.81M	4.82%
2012-09-30	$138.14M	4.21%
2012-06-30	$132.56M	3.63%
2012-03-31	$127.92M	2.34%
2011-12-31	$124.99M	4.11%
2011-09-30	$120.06M	2.44%
2011-06-30	$117.20M	3.01%
2011-03-31	$113.77M	4.25%
2010-12-31	$109.13M	4.15%
2010-09-30	$104.78M	4.12%
2010-06-30	$100.64M	-0.54%
2010-03-31	$101.18M	0.69%
2009-12-31	$100.49M	-1.34%
2009-09-30	$101.85M	-1.90%
2009-06-30	$103.82M	-1.95%
2009-03-31	$105.88M	-0.14%
2008-12-31	$106.03M	1.74%
2008-09-30	$104.22M	-0.55%
2008-06-30	$104.79M	-

Essex Property Trust generated $450.70M in revenue during Q3 2024, up 1.89% compared to the previous quarter, and up 108.33% compared to the same period a year ago.

Essex Property Trust Revenue Breakdown

Essex Property Trust Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Management And Other Fees From Affiliates Income	$11.13M	$11.14M	$9.14M	$9.60M	$9.53M

Essex Property Trust's latest annual revenue breakdown by segment (product or service), as of Dec 23: Management And Other Fees From Affiliates Income (100.00%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
Rental And Other Property Revenues	$448.13M	$439.78M	$424.21M	$416.40M	$413.26M	$409.66M	$406.86M	$397.24M	$379.22M	$360.62M	$348.76M	$352.88M	$368.46M	$368.15M	$389.75M	$342.12M	$340.04M	$337.35M	-	-
Management And Other Fees From Affiliates Income	$2.56M	$2.57M	$2.71M	$2.80M	$2.79M	$2.78M	$2.77M	$2.89M	$2.74M	$2.69M	$2.24M	$2.22M	$2.25M	$2.35M	$2.35M	$2.62M	$2.43M	$2.26M	$2.33M	-
Property	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$372.86M	-	-	-
Other Property Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$6.50M	$6.21M	$6.08M
Rental Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$358.00M	$353.17M	$347.81M

Essex Property Trust's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Rental And Other Property Revenues (99.43%), and Management And Other Fees From Affiliates Income (0.57%).

Essex Property Trust Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 19	Dec 18
Santa Clara, CA	$10.80M	-
Santa Mateo, CA	$12.50M	-
Southern California	-	$592.28M
Northern California	-	$522.56M

Essex Property Trust's latest annual revenue breakdown by geography, as of Dec 19: Santa Mateo, CA (53.65%), and Santa Clara, CA (46.35%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Sep 23	Jun 23	Mar 23	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18
Seattle Metro	$74.58M	$73.78M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Southern California	$188.96M	$186.60M	$176.00M	$172.14M	$169.86M	$166.88M	$168.88M	$164.51M	$156.97M	$150.81M	$143.23M	$143.01M	$140.27M	$143.98M	$155.64M	$152.31M	$151.97M	$151.02M	$140.23M	$151.85M
Northern California	$172.16M	$172.62M	$168.84M	$168.22M	$166.41M	$163.62M	$163.16M	$160.50M	$152.59M	$145.81M	$143.39M	$146.69M	$148.71M	$153.83M	$164.08M	$144.12M	$140.09M	$136.32M	$132.81M	$131.54M

Essex Property Trust's latest quarterly revenue breakdown by geography, as of Sep 24: Southern California (43.37%), Northern California (39.51%), and Seattle Metro (17.12%).

Essex Property Trust Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
EQR	Equity Residential	$2.87B	$1.33M
AVB	AvalonBay Communities	$2.77B	$734.31M
CPT	Camden Property Trust	$2.59B	$604.17M
MAA	Mid-America Apartment Communities	$2.15B	$551.13M
ESS	Essex Property Trust	$1.67B	$450.70M
UDR	UDR	$1.63B	$420.16M
NXRT	NexPoint Residential Trust	$277.53M	$64.09M

ESS Revenue FAQ

What is Essex Property Trust’s yearly revenue?

Essex Property Trust's yearly revenue for 2023 was $1.67B, representing an increase of 3.89% compared to 2022. The company's yearly revenue for 2022 was $1.61B, representing an increase of 11.54% compared to 2021. ESS's yearly revenue for 2021 was $1.44B, representing a decrease of -3.69% compared to 2020.

What is Essex Property Trust’s quarterly revenue?

Essex Property Trust's quarterly revenue for Q3 2024 was $450.7M, a 1.89% increase from the previous quarter (Q2 2024), and a 7.52% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $442.36M, a 3.61% increase from the previous quarter (Q1 2024), and a 6.32% increase year-over-year (Q2 2023). ESS's quarterly revenue for Q1 2024 was $426.93M, a 1.23% increase from the previous quarter (Q4 2023), and a 3.52% increase year-over-year (Q1 2023).

What is Essex Property Trust’s revenue growth rate?

Essex Property Trust's revenue growth rate for the last 3 years (2021-2023) was 15.89%, and for the last 5 years (2019-2023) was 14.33%.

What are Essex Property Trust’s revenue streams?

Essex Property Trust's revenue streams in c 23 are Management And Other Fees From Affiliates Income

What is Essex Property Trust’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Essex Property Trust was Management And Other Fees From Affiliates Income. This segment made a revenue of $11.13M, representing 100.00% of the company's total revenue.