Essex Property Trust (ESS) Revenue & Revenue Breakdown


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Essex Property Trust Revenue Highlights


Latest Revenue (Y)

$1.67B

Latest Revenue (Q)

$442.36M

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

DateRevenueChange
2023-12-31$1.67B3.89%
2022-12-31$1.61B11.54%
2021-12-31$1.44B-3.69%
2020-12-31$1.50B2.44%
2019-12-31$1.46B4.29%
2018-12-31$1.40B2.65%
2017-12-31$1.36B5.40%
2016-12-31$1.29B8.34%
2015-12-31$1.19B23.22%
2014-12-31$969.30M57.94%
2013-12-31$613.70M12.93%
2012-12-31$543.42M15.01%
2011-12-31$472.49M13.65%
2010-12-31$415.73M1.06%
2009-12-31$411.39M-0.36%
2008-12-31$412.89M6.27%
2007-12-31$388.52M11.62%
2006-12-31$348.07M6.35%
2005-12-31$327.29M15.45%
2004-12-31$283.48M20.91%
2003-12-31$234.45M17.15%
2002-12-31$200.12M-2.68%
2001-12-31$205.63M15.05%
2000-12-31$178.74M22.39%
1999-12-31$146.04M16.59%
1998-12-31$125.26M48.11%
1997-12-31$84.57M66.83%
1996-12-31$50.69M1.59%
1995-12-31$49.90M144.61%
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

DateRevenueChange
2024-06-30$442.36M3.61%
2024-03-31$426.93M1.23%
2023-12-31$421.75M0.61%
2023-09-30$419.18M0.75%
2023-06-30$416.04M0.88%
2023-03-31$412.42M-0.67%
2022-12-31$415.18M1.33%
2022-09-30$409.75M2.44%
2022-06-30$399.98M4.73%
2022-03-31$381.90M2.77%
2021-12-31$371.60M2.41%
2021-09-30$362.86M3.38%
2021-06-30$350.98M-1.17%
2021-03-31$355.13M-1.92%
2020-12-31$362.07M-2.36%
2020-09-30$370.81M0.08%
2020-06-30$370.50M-5.57%
2020-03-31$392.37M4.53%
2019-12-31$375.37M2.30%
2019-09-30$366.93M1.46%
2019-06-30$361.63M1.52%
2019-03-31$356.22M0.87%
2018-12-31$353.16M0.64%
2018-09-30$350.92M0.63%
2018-06-30$348.72M0.42%
2018-03-31$347.25M0.63%
2017-12-31$345.06M0.20%
2017-09-30$344.37M1.57%
2017-06-30$339.06M1.09%
2017-03-31$335.40M1.93%
2016-12-31$329.04M-0.04%
2016-09-30$329.17M2.36%
2016-06-30$321.59M2.35%
2016-03-31$314.20M1.11%
2015-12-31$310.75M2.01%
2015-09-30$304.63M2.86%
2015-06-30$296.16M4.70%
2015-03-31$282.87M1.50%
2014-12-31$278.70M3.04%
2014-09-30$270.48M4.25%
2014-06-30$259.45M60.51%
2014-03-31$161.65M3.46%
2013-12-31$156.25M0.22%
2013-09-30$155.90M1.63%
2013-06-30$153.40M2.72%
2013-03-31$149.34M3.13%
2012-12-31$144.81M4.82%
2012-09-30$138.14M4.21%
2012-06-30$132.56M3.63%
2012-03-31$127.92M2.34%
2011-12-31$124.99M4.11%
2011-09-30$120.06M2.44%
2011-06-30$117.20M3.01%
2011-03-31$113.77M4.25%
2010-12-31$109.13M4.15%
2010-09-30$104.78M4.12%
2010-06-30$100.64M-0.54%
2010-03-31$101.18M0.69%
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$106.03M1.74%
2008-09-30$104.22M-0.55%
2008-06-30$104.79M-

Essex Property Trust generated $442.36M in revenue during Q2 2024, up 3.61% compared to the previous quarter, and up 107.26% 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/ServiceDec 23Dec 22Dec 21Dec 20Dec 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/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
Management And Other Fees From Affiliates Income$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$2.37M-
Rental And Other Property Revenues$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$313.99M--
Property---------------$372.86M----
Rental Income----------------$358.00M$353.17M$347.81M-
Other Property Income----------------$6.50M$6.21M$6.08M-

Essex Property Trust's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Rental And Other Property Revenues (99.42%), and Management And Other Fees From Affiliates Income (0.58%).

Essex Property Trust Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 19Dec 18
Santa Mateo, CA$12.50M-
Santa Clara, CA$10.80M-
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

CountryJun 24Mar 24Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18
Northern California$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$129.59M
Southern California$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$150.43M
Seattle Metro$73.78M-------------------

Essex Property Trust's latest quarterly revenue breakdown by geography, as of Jun 24: Southern California (43.10%), Northern California (39.86%), and Seattle Metro (17.04%).

Essex Property Trust Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
EQREquity Residential$2.87B$741.82M
AVBAvalonBay Communities$2.77B$726.04M
CPTCamden Property Trust$2.59B$596.42M
MAAMid-America Apartment Communities$2.15B$546.43M
ESSEssex Property Trust$1.67B$442.36M
UDRUDR$1.63B$415.32M
NXRTNexPoint Residential Trust$277.53M$64.20M

ESS Revenue FAQ


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.

Essex Property Trust'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). The company'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). ESS's quarterly revenue for Q4 2023 was $421.75M, a 0.61% increase from the previous quarter (Q3 2023), and a 1.58% increase year-over-year (Q4 2022).

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%.

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

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.