| Dividend Rate (TTM) | $8.2 |
| Dividend Yield | 3.11% |
| Payout Ratio (FFO) | 60.13% |
| FFO/Share | $13.63 |
| FFO Multiple | 19.38 |
| Market Cap | 17166.35M |
Price HistoryCompany NewsSEC Filings
Essex Property Trust Prices $450 Million of Senior Notes
Posted: February 22, 2021
This post was originally published on this siteSAN MATEO, Calif.–(BUSINESS WIRE)–Essex Property Trust, Inc. (NYSE:ESS) announced today that its operating partnership, Essex Portfolio, L.P. (the “Issuer”), priced an underwritten public …
- FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses
- 424B5 - Prospectus [Rule 424(b)(5)]
- 10-K - Annual report [Section 13 and 15(d), not S-K Item 405]
- SC 13G/A [Amend] - Statement of acquisition of beneficial ownership by individuals
- SC 13G/A [Amend] - Statement of acquisition of beneficial ownership by individuals
- SC 13G - Statement of acquisition of beneficial ownership by individuals
- 8-K - Current report
- SC 13G/A [Amend] - Statement of acquisition of beneficial ownership by individuals
- 8-K - Current report
- 10-Q - Quarterly report [Sections 13 or 15(d)]
- 8-K - Current report
- 8-K - Current report
- 8-K - Current report
- 8-K - Current report
- 424B2 - Prospectus [Rule 424(b)(2)]
- FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses
- 424B5 - Prospectus [Rule 424(b)(5)]
- 10-Q - Quarterly report [Sections 13 or 15(d)]
- 8-K - Current report
- 8-K - Current report
Annual Income StatementsBalance Sheet
| Symbol | TTM | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ESS | Rental Revenue | 1499.2 | 1499.2 | 1450.6 | 1390.9 | 1354.3 | 1285.7 | 1185.5 | 961.6 | |||
| ESS | Other Revenue | 117.8 | 117.8 | 119.2 | 85.5 | 86.4 | 35.7 | 21.9 | 28 | |||
| ESS | Total Revenues | 1626.8 | 1579.4 | 1485.5 | 1450.3 | 1329.7 | 1216.3 | 998.9 | ||||
| ESS | Property Expenses | 465.6 | 465.6 | 430.8 | 416.6 | 407.1 | 390.8 | 365.9 | 314.4 | |||
| ESS | Selling General & Admin Exp. | 57.8 | 57.8 | 54.3 | 53.5 | 41.4 | 40.8 | 40.1 | 40.9 | |||
| ESS | Depreciation & Amortization | 518.3 | 518.3 | 483.8 | 479.9 | 468.9 | 441.7 | 453.4 | 360.6 | |||
| ESS | Total Operating Expenses | 1041.7 | 1041.7 | 968.8 | 949.9 | 917.4 | 873.2 | 859.4 | 715.9 | |||
| ESS | Operating Income | 585.1 | 610.6 | 535.6 | 533 | 456.5 | 356.8 | 283 | ||||
| ESS | Total Interest Expense | -219.7 | -219.7 | -217.3 | -220.5 | -222.9 | -219.7 | -204.8 | -164.6 | |||
| ESS | Interest and Investment Income | 4.1 | 4.1 | 8.5 | 9.8 | 7.6 | 2.9 | 3.2 | 1.6 | |||
| ESS | Net Interest Expenses | -215.6 | -215.6 | -208.8 | -210.7 | -215.3 | -216.7 | -201.6 | -163 | |||
| ESS | Other Non Operating Income | 12.9 | 12.9 | 10.7 | 8.7 | 10.1 | 11.7 | 5.7 | - | |||
| ESS | EBT, Excl. Unusual Items | 382.4 | 382.4 | 412.5 | 333.6 | 327.7 | 251.5 | 160.8 | 120.1 | |||
| ESS | Gain (Loss) on Sale of Assets | 36.1 | 36.1 | -3.2 | 61.9 | 26.4 | 150.2 | 47.3 | 46 | |||
| ESS | Asset Writedown | -7.1 | -7.1 | -7.1 | - | - | - | - | - | |||
| ESS | Other Unusual Items | -27.2 | -27.2 | 3.7 | - | -1.8 | -0.6 | -6.1 | -0.3 | |||
| ESS | EBT, Incl. Unusual Items | 632.9 | 632.9 | 464.4 | 413.6 | 458 | 438.4 | 248.2 | 134.4 | |||
| ESS | Earnings From Continuing Operations | 632.9 | 464.4 | 413.6 | 458 | 438.4 | 248.2 | 134.4 | ||||
| ESS | Earnings Of Discontinued Operations | - | - | - | - | - | - | - | ||||
| ESS | Net Income to Company | 632.9 | 632.9 | 464.4 | 413.6 | 458 | 438.4 | 248.2 | 134.4 | |||
| ESS | Minority Interest | -30.9 | -30.9 | -25.2 | -23.4 | -25 | -23.4 | -16.1 | -12.3 | |||
| ESS | Net Income | 601.9 | 439.3 | 390.2 | 433.1 | 415 | 232.1 | 122.2 | ||||
| ESS | Pref. Dividends and Other Adj. | - | - | - | - | 3.9 | 5.3 | 5.3 | ||||
| ESS | NI to Common Incl Extra Items | 601.9 | 601.9 | 439.3 | 390.2 | 433.1 | 411.1 | 226.9 | 116.9 | |||
| ESS | NI to Common Excl. Extra Items | 601.9 | 439.3 | 390.2 | 433.1 | 411.1 | 226.9 | 116.9 | ||||
| ESS | Revenue Per Share | 24.76 | 24.76 | 23.99 | 22.49 | 22.03 | 20.31 | 18.75 | 17.67 | |||
| ESS | Basic EPS | 9.16 | 9.16 | 6.67 | 5.91 | 6.58 | 6.28 | 3.5 | 2.07 | |||
| ESS | Basic EPS - Continuing Ops | 9.16 | 9.16 | 6.67 | 5.91 | 6.58 | 6.28 | 3.5 | 2.07 | |||
| ESS | Basic Weighted Average Shares Outst. | 65.7 | 65.7 | 65.8 | 66 | 65.8 | 65.5 | 64.9 | 56.5 | |||
| ESS | Diluted EPS | 9.16 | 9.16 | 6.66 | 5.9 | 6.57 | 6.27 | 3.49 | 2.06 | |||
| ESS | Diluted EPS - Continuing Ops | 9.16 | 9.16 | 6.66 | 5.9 | 6.57 | 6.27 | 3.49 | 2.06 | |||
| ESS | Diluted Weighted Average Shares Outst. | 65.8 | 65.8 | 65.9 | 66.1 | 65.9 | 65.6 | 65.1 | 56.7 | |||
| ESS | Normalized Basic EPS | 3.17 | 3.17 | 3.53 | 2.8 | 2.73 | 2.04 | 1.3 | 1.11 | |||
| ESS | Normalized Diluted EPS | 3.16 | 3.16 | 3.53 | 2.8 | 2.73 | 2.04 | 1.3 | 1.11 | |||
| ESS | Dividend Per Share | 8.18 | 8.18 | 7.8 | 7.44 | 7 | 6.4 | 5.76 | 5.11 | |||
| ESS | FFO | 888.6 | 888.6 | 936.4 | 871.8 | 812.1 | 754.6 | 654.1 | 464.9 | |||
| ESS | AFFO | - | 936.4 | 871.8 | 812.1 | 754.6 | 654.1 | 464.9 | ||||
| ESS | Funds Available for Distribution | - | 936.4 | 871.8 | 812.1 | 754.6 | 654.1 | 464.9 | ||||
| ESS | EBITDA | 1103.4 | 1103.4 | 1094.4 | 1015.5 | 1001.8 | 898.2 | 810.3 | 643.6 | |||
| ESS | EBITA | 585.1 | 585.1 | 610.6 | 535.6 | 533 | 456.5 | 356.8 | 283 | |||
| ESS | EBIT | 585.1 | 585.1 | 610.6 | 535.6 | 533 | 456.5 | 356.8 | 283 | |||
| ESS | EBITDAR | - | 1102.1 | - | - | - | - | - | ||||
| ESS | Normalized Net Income | 208.1 | 208.1 | 232.7 | 185.1 | 179.9 | 133.7 | 84.4 | 62.8 | |||
| ESS | Interest Capitalized | - | 24.2 | 18.7 | 13.9 | 12.5 | 15.6 | 22.5 |
| Symbol | Q3 2020 | Q2 2020 | Q1 2020 | Q4 2019 | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 | |
|---|---|---|---|---|---|---|---|---|---|
| ESS | Gross Property Plant And Equipment | 15567.3 | 15563.4 | 15756.9 | 14659 | 14585 | 14404.6 | 14147 | 13820.7 |
| ESS | Accumulated Depreciation | -4043.5 | -3927.7 | -3818.5 | -3689.5 | -3567.6 | -3447.8 | -3329.7 | -3209.5 |
| ESS | Net Property Plant And Equipment | 11523.8 | 11635.6 | 11938.4 | 10969.5 | 11017.3 | 10956.7 | 10817.2 | 10611.2 |
| ESS | Total Real Estate Assets | 11523.8 | 11635.6 | 11938.4 | 10969.5 | 11017.3 | 10956.7 | 10817.2 | 10611.2 |
| ESS | Cash And Equivalents | 558.4 | 246.2 | 271.9 | 70.1 | 74 | 38.2 | 107 | 134.5 |
| ESS | Other Receivables | 35.6 | 19.6 | 14.1 | 14.5 | 12.8 | 13.3 | 11.5 | 12.9 |
| ESS | Investment In Debt and Equity Securities | 619.3 | 627.2 | 599.5 | 589.1 | 629.3 | 625.4 | 606.6 | 582.4 |
| ESS | Other Intangibles | - | - | - | 1.2 | - | - | - | 0.1 |
| ESS | Restricted Cash | 10.6 | 10.3 | 10.5 | 11 | 17.7 | 16.8 | 17.1 | 16.9 |
| ESS | Other Current Assets | 75.7 | 73.2 | 45.4 | 34.9 | 36.9 | 39.8 | 38.1 | 29.6 |
| ESS | Deferred Charges Long-Term | 3.9 | 4.2 | 4.5 | 3.8 | 4.1 | 4.4 | 4.7 | 3.9 |
| ESS | Other Long-Term Assets | 533.9 | 536 | 545.8 | 890.4 | 1001.5 | 914.1 | 912 | 927.3 |
| ESS | Total Assets | 13401 | 13177.4 | 13450.8 | 12705.4 | 12997.9 | 12671.1 | 12578 | 12383.6 |
| ESS | Current Portion of LT Debt | 3.9 | 5.4 | 188.9 | 288.3 | - | - | - | - |
| ESS | Long-Term Debt | 6609.2 | 6317.4 | 6310.2 | 5520.8 | 6048.1 | 5841.3 | 5735.8 | 5605.9 |
| ESS | Accounts Payable | 202.2 | 160.8 | 189.9 | 154.1 | 189.2 | 135.4 | 175.1 | 120.9 |
| ESS | Unearned Revenue | 3.3 | 3.5 | 3.7 | 3.9 | 4.1 | 4.8 | 5.5 | 6.2 |
| ESS | Other Current Liabilities | 209.4 | 228.5 | 231.2 | 220.7 | 224.8 | 229.5 | 228.3 | 221.2 |
| ESS | Total Liabilities | 7102.8 | 6791.3 | 7000.2 | 6264.5 | 6543.8 | 6289.2 | 6223.6 | 5954.3 |
| ESS | Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| ESS | Additional Paid In Capital | 6921.6 | 6944.8 | 6959.5 | 7121.9 | 7131.6 | 7031.9 | 7028.2 | 7093.1 |
| ESS | Comprehensive Income and Other | -16.8 | -18.7 | -22.7 | -13.9 | -19 | -19 | -14.8 | -13.2 |
| ESS | Total Common Equity | 6083 | 6166.1 | 6228.2 | 6220.4 | 6225.1 | 6154.9 | 6191.3 | 6267.1 |
| ESS | Minority Interest | 215.2 | 220 | 222.4 | 220.5 | 229 | 227 | 163.1 | 162.2 |
| ESS | Total Equity | 6298.2 | 6386.1 | 6450.6 | 6440.9 | 6454.1 | 6381.9 | 6354.4 | 6429.3 |
| ESS | Total Liabilities And Equity | 13401 | 13177.4 | 13450.8 | 12705.4 | 12997.9 | 12671.1 | 12578 | 12383.6 |
| ESS | Total Shares Out. on Filing Date | 65.2 | 65.2 | 65.4 | 66.2 | 66.1 | 65.7 | 65.7 | 65.7 |
| ESS | Total Common Shares Outstanding | 65.2 | 65.3 | 65.4 | 66.1 | 66.1 | 65.7 | 65.7 | 65.9 |
| ESS | Book Value / Share | 93.28 | 94.38 | 95.21 | 94.12 | 94.2 | 93.64 | 94.21 | 95.11 |
| ESS | Tangible Book Value | 6083 | 6166.1 | 6228.2 | 6219.2 | 6225.1 | 6154.9 | 6191.3 | 6267 |
| ESS | Tangible Book Value Per Share | 93.28 | 94.38 | 95.21 | 94.1 | 94.2 | 93.64 | 94.21 | 95.11 |
| ESS | Total Debt | 6687.9 | 6398.4 | 6575.5 | 5885.8 | 6125.6 | 5919.5 | 5814.8 | 5605.9 |
| ESS | Net Debt | 6129.5 | 6152.2 | 6303.6 | 5814.7 | 6051.1 | 5880 | 5703.7 | 5465.7 |
| ESS | Land | 2944.5 | 2933.7 | 2983.3 | 2773.8 | 2766.3 | 2778.4 | 2727.9 | 2701.4 |
| ESS | Buildings, Total | 12185 | 12088.1 | 12263.3 | 11264.3 | 11180.8 | 11007.8 | 10844.3 | 10664.7 |
| ESS | Full Time Employees | - | - | - | 1822 | - | - | - | 1826 |
