Essex Historical Income Statement

ESS Stock  USD 305.53  1.19  0.39%   
Historical analysis of Essex Property income statement accounts such as Selling General Administrative of 32.5 M or Selling And Marketing Expenses of 2.2 M can show how well Essex Property Trust performed in making a profits. Evaluating Essex Property income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Essex Property's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Essex Property Trust latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Essex Property Trust is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essex Property Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

About Essex Income Statement Analysis

Essex Property Trust Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Essex Property shareholders. The income statement also shows Essex investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Essex Property Income Statement Chart

At this time, Essex Property's Cost Of Revenue is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 493 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 2.2 M in 2024.

Total Revenue

Total revenue comprises all receipts Essex Property Trust generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Essex Property Trust minus its cost of goods sold. It is profit before Essex Property operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from Essex Property's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Essex Property Trust current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essex Property Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Essex Property's Cost Of Revenue is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 493 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 2.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit959.1M1.1B639.3M500.7M
Total Revenue1.4B1.6B1.7B1.8B

Essex Property income statement Correlations

0.340.490.220.480.340.530.5-0.560.390.280.43-0.390.38-0.360.43-0.52-0.240.39-0.250.31-0.050.04-0.150.680.75
0.340.850.640.960.850.960.840.560.970.630.86-0.160.79-0.030.67-0.34-0.590.810.40.78-0.08-0.63-0.330.250.48
0.490.850.680.860.870.880.860.320.850.680.84-0.210.88-0.130.54-0.35-0.510.830.310.81-0.04-0.55-0.290.390.52
0.220.640.680.520.60.530.390.270.520.540.420.130.490.110.21-0.16-0.10.450.30.560.06-0.24-0.040.130.08
0.480.960.860.520.81.00.920.450.990.540.9-0.370.8-0.220.8-0.52-0.590.880.250.75-0.16-0.61-0.460.370.69
0.340.850.870.60.80.80.770.450.840.920.830.110.890.090.28-0.18-0.530.750.570.78-0.09-0.53-0.090.310.26
0.530.960.880.531.00.80.910.40.980.560.9-0.350.81-0.210.78-0.51-0.60.870.250.76-0.13-0.59-0.420.410.69
0.50.840.860.390.920.770.910.360.910.540.95-0.450.87-0.30.7-0.48-0.530.850.230.64-0.29-0.64-0.410.440.72
-0.560.560.320.270.450.450.40.360.540.280.430.120.40.160.260.04-0.320.450.540.41-0.12-0.63-0.23-0.31-0.15
0.390.970.850.520.990.840.980.910.540.590.92-0.270.84-0.180.73-0.48-0.590.890.340.76-0.18-0.65-0.40.350.6
0.280.630.680.540.540.920.560.540.280.590.620.390.740.28-0.080.05-0.40.490.650.620.01-0.350.20.27-0.02
0.430.860.840.420.90.830.90.950.430.920.62-0.30.95-0.050.62-0.34-0.510.90.430.69-0.35-0.77-0.250.470.61
-0.39-0.16-0.210.13-0.370.11-0.35-0.450.12-0.270.39-0.3-0.140.68-0.720.670.16-0.430.32-0.040.230.20.51-0.37-0.79
0.380.790.880.490.80.890.810.870.40.840.740.95-0.140.060.42-0.23-0.50.890.550.72-0.31-0.76-0.090.480.43
-0.36-0.03-0.130.11-0.220.09-0.21-0.30.16-0.180.28-0.050.680.06-0.470.860.09-0.20.510.03-0.01-0.20.5-0.31-0.59
0.430.670.540.210.80.280.780.70.260.73-0.080.62-0.720.42-0.47-0.65-0.430.68-0.180.44-0.17-0.45-0.650.30.85
-0.52-0.34-0.35-0.16-0.52-0.18-0.51-0.480.04-0.480.05-0.340.67-0.230.86-0.650.24-0.540.2-0.220.110.10.37-0.59-0.71
-0.24-0.59-0.51-0.1-0.59-0.53-0.6-0.53-0.32-0.59-0.4-0.510.16-0.50.09-0.430.24-0.52-0.25-0.23-0.070.440.21-0.22-0.35
0.390.810.830.450.880.750.870.850.450.890.490.9-0.430.89-0.20.68-0.54-0.520.420.7-0.36-0.75-0.30.530.61
-0.250.40.310.30.250.570.250.230.540.340.650.430.320.550.51-0.180.2-0.250.420.41-0.07-0.670.550.25-0.34
0.310.780.810.560.750.780.760.640.410.760.620.69-0.040.720.030.44-0.22-0.230.70.410.09-0.47-0.170.250.29
-0.05-0.08-0.040.06-0.16-0.09-0.13-0.29-0.12-0.180.01-0.350.23-0.31-0.01-0.170.11-0.07-0.36-0.070.090.320.13-0.17-0.25
0.04-0.63-0.55-0.24-0.61-0.53-0.59-0.64-0.63-0.65-0.35-0.770.2-0.76-0.2-0.450.10.44-0.75-0.67-0.470.32-0.07-0.38-0.26
-0.15-0.33-0.29-0.04-0.46-0.09-0.42-0.41-0.23-0.40.2-0.250.51-0.090.5-0.650.370.21-0.30.55-0.170.13-0.070.33-0.6
0.680.250.390.130.370.310.410.44-0.310.350.270.47-0.370.48-0.310.3-0.59-0.220.530.250.25-0.17-0.380.330.51
0.750.480.520.080.690.260.690.72-0.150.6-0.020.61-0.790.43-0.590.85-0.71-0.350.61-0.340.29-0.25-0.26-0.60.51
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Essex Property Account Relationship Matchups

Essex Property income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization171.9K820.2M1.0B1.0B548.4M575.9M
Interest Expense208.9M209.9M192.4M196.9M212.9M223.6M
Selling General Administrative54.3M65.4M51.8M56.6M63.5M32.5M
Total Revenue1.5B1.5B1.4B1.6B1.7B1.8B
Gross Profit1.0B1.0B959.1M1.1B639.3M500.7M
Other Operating Expenses968.6M1.1B1.1B1.1B1.1B1.2B
Operating Income674.2M772.1M530.0M595.2M584.3M613.6M
Ebit1.2B200.1M16.4M109.7M584.3M613.6M
Ebitda1.2B1.0B1.1B1.1B1.1B1.2B
Total Operating Expenses538.0M590.9M571.9M595.5M103.8M98.6M
Net Income439.3M568.9M488.6M408.3M405.8M426.1M
Income Tax Expense1.5M1.5M15.7M(10.2M)(299.7M)(284.7M)
Income Before Tax465.9M600.9M531.4M422.7M430.7M216.5M
Total Other Income Expense Net(208.3M)109.4M1.4M(162.2M)(153.6M)(146.0M)
Cost Of Revenue430.6M475.0M481.4M508.0M1.0B1.1B
Net Income Applicable To Common Shares439.3M568.9M488.6M408.3M469.6M493.0M
Minority Interest(25.2M)30.5M(27.1M)(24.7M)(29.0M)(27.5M)
Net Income From Continuing Ops432.9M364.6M515.7M433.0M554.6M355.1M
Research Development0.320.410.360.270.260.13
Non Operating Income Net Other170.6M95.4M202.2M14.9M17.1M16.3M
Non Recurring7.3M3.4M203K2.1M1.9M1.8M
Interest Income46.3M41.0M18.1M189.9M46.3M70.2M
Tax Provision1.5M1.5M15.7M(10.2M)(9.2M)(8.8M)
Net Interest Income(171.0M)(168.9M)(93.6M)(176.8M)(168.5M)(176.9M)
Reconciled Depreciation483.8M525.5M520.1M539.3M546.2M560.0M

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Additional Tools for Essex Stock Analysis

When running Essex Property's price analysis, check to measure Essex Property's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Essex Property is operating at the current time. Most of Essex Property's value examination focuses on studying past and present price action to predict the probability of Essex Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essex Property's price. Additionally, you may evaluate how the addition of Essex Property to your portfolios can decrease your overall portfolio volatility.