ESSESSEX PROPERTY TRUST, INC.
Real Estate Investment Trusts
- Revenue
- $9M
- 8.6% YoY
- Operating margin
- 9586.6%
- 40% YoY
- EBITDA
- $1.5B
- 17% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 4.2×
- $6.3B net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear275% of net incomeCash flow under 80% of net income
- Dilutive SBCFired103% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $9M | $11M | $11M | $10M | $9M | 8.6% |
| Operating income | $530M | $595M | $584M | $703M | $899M | 28% |
| Operating cash flow | $905M | $976M | $980M | $1.1B | $1.1B | 0.6% |
| Stock-based comp | $7M | $7M | $8M | $7M | $10M | 35% |
| Buybacks | $9M | $190M | $96M | $0 | $0 |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.