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Essex Property Trust

OverviewSuggest Edit

Essex Property Trust, Inc., is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast communities. Since its founding in 1971, Essex has developed a clearly defined approach for creating value and managing risk. The Company's approach has three components - a sound real estate strategy, an experienced management team, and a strong financial condition. These three factors have contributed to the Company's historical results and future growth potential.
TypePublic
HQSan Mateo, USMap
Websiteessexapartmenthomes.com
Employee Ratings4.5More
View Jobs (71)

Locations

Essex Property Trust is headquartered in
San Mateo, United States

Location Map
All Locations (1)

Latest Updates

Employees (est.) (Dec 2019)1,822
Job Openings71
Revenue (FY, 2019)$1.5 B(+5%)
Share Price (Oct 2020)$203.2
Cybersecurity ratingCMore

Key People/Management at Essex Property Trust

Michael J. Schall

Michael J. Schall

President and Chief Executive Officer, Director
Rylan Burns

Rylan Burns

VP of Finance and Investor Relations
John F. Burkart

John F. Burkart

Sr Executive VP & COO
Angela L. Kleiman

Angela L. Kleiman

Executive VP & CFO
Adam W. Berry

Adam W. Berry

Executive VP & CIO
George M. Marcus

George M. Marcus

Chairman
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Essex Property Trust Office Locations

Essex Property Trust has an office in San Mateo
San Mateo, US (HQ)
1100 Park Pl #200
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Essex Property Trust Financials and Metrics

Essex Property Trust Revenue

Essex Property Trust's revenue was reported to be $1.46 b in FY, 2019
USD

Revenue (Q2, 2020)

370.5m

Net income (Q2, 2020)

90.1m

EBIT (Q2, 2020)

119.7m

Market capitalization (23-Oct-2020)

13.3b

Closing stock price (23-Oct-2020)

203.2

Cash (30-Jun-2020)

246.2m

EV

19.4b
Essex Property Trust's current market capitalization is $13.3 b.
Annual
USDFY, 2010FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

415.7m543.4m613.7m969.3m1.2b1.3b1.4b1.4b1.5b

Revenue growth, %

58%23%8%

Cost of goods sold

105.9m125.4m138.7m203.0m235.0m249.8m259.2m233.8m

Gross profit

309.8m418.0m475.0m766.3m959.5m1.0b1.1b1.2b
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

100.6m104.8m113.8m117.2m120.1m127.9m132.6m138.1m149.3m153.4m155.9m161.6m259.5m270.5m282.9m296.2m304.6m314.2m321.6m329.2m335.4m339.1m344.4m347.3m348.7m350.9m356.2m361.6m366.9m392.4m370.5m

Cost of goods sold

25.2m27.7m28.4m29.4m30.0m28.8m30.7m33.0m32.6m34.5m36.0m36.6m52.9m55.9m55.6m57.4m60.5m60.1m61.5m63.8m63.6m63.4m66.6m57.3m58.2m59.1m58.9m59.2m63.2m

Gross profit

75.4m77.0m85.4m87.8m90.0m99.2m101.8m105.2m116.7m118.9m119.9m125.0m206.6m214.6m227.3m238.8m244.1m254.1m260.1m265.4m271.8m275.7m277.8m290.0m290.6m291.8m297.3m302.5m303.8m

Gross profit Margin, %

75%74%75%75%75%78%77%76%78%78%77%77%80%79%80%81%80%81%81%81%81%81%81%84%83%83%83%84%83%
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Annual
USDY, 2009Y, 2010FY, 2010Y, 2011FY, 2012Y, 2012FY, 2013Y, 2013Y, 2014FY, 2014Y, 2015FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

20.7m13.8m13.8m12.9m18.6m18.6m18.5m18.5m25.6m25.3m29.7m29.7m44.6m134.5m70.1m

Accounts Receivable

10.9k

Prepaid Expenses

25.2m35.0m33.8m33.3m35.6m52.4m39.4m40.9m

Inventories

Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

8.4m14.7m97.7m8.8m9.0m13.7m4.1m1.9m30.8m20.2m9.5m19.9m17.9m17.9m219.2m30.2m35.7m48.2m182.5m195.2m84.3m183.9m46.5m122.0m160.9m157.3m107.0m38.2m74.0m271.9m246.2m

Prepaid Expenses

25.7m22.8m22.9m25.4m22.2m21.8m26.9m36.5m28.3m27.9m49.3m54.0m113.4m25.8m31.0m38.1m39.9m47.1m51.7m53.7m50.0m51.5m60.0m56.3m50.9m46.9m45.5m41.5m49.9m52.9m

Total Assets

3.3b3.5b3.9b3.8b3.9b4.1b4.3b4.5b4.9b5.1b5.1b6.6b11.3b11.7b12.1b12.0b12.0b12.1b12.2b12.2b12.4b12.5b12.5b12.6b12.6b12.5b12.6b12.7b13.0b13.5b13.2b

Accounts Payable

41.5m57.3m54.2m49.6m63.0m62.1m62.6m76.8m86.5m76.4m83.8m83.5m132.4m167.2m162.1m146.3m177.8m170.4m145.2m185.2m184.8m139.0m222.1m179.6m132.8m185.4m180.6m140.2m193.3m193.6m164.3m
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Annual
USDFY, 2010FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

35.9m125.3m172.1m134.4m248.2m438.4m458.0m413.6m464.4m

Depreciation and Amortization

129.7m170.6m12.2m345.9m434.1m441.7m468.9m479.9m483.8m

Accounts Payable

4.4m12.4m72.0k24.2m(9.6m)1.7m(15.1m)(145.0k)29.6m

Cash From Operating Activities

175.5m267.5m305.0m493.0m617.4m712.5m766.2m826.6m919.1m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

23.7m30.6m9.0m22.7m31.8m24.1m62.5m80.1m26.6m52.9m135.2m26.4m34.8m89.3m64.8m115.3m162.5m86.9m163.7m233.9m187.6m263.3m348.4m96.6m203.0m289.2m125.5m223.6m329.3m328.8m418.8m

Depreciation and Amortization

61.7m93.4m37.0m(18.0m)112.6m40.7m82.5m125.6m47.1m95.2m9.0m53.3m147.0m254.2m106.9m220.6m336.9m109.7m219.4m329.8m115.5m233.4m350.9m119.1m238.4m359.3m120.6m240.0m360.8m131.6m265.2m

Accounts Payable

5.1m18.2m14.6m5.1m26.2m8.4m(2.4m)19.1m15.9m10.1m44.8m21.7m4.9m36.5m35.2m9.8m49.7m42.4m(3.3m)50.8m52.2m2.8m55.5m53.9m12.5m64.3m32.8m2.6m

Cash From Operating Activities

89.4m148.3m57.3m104.4m172.8m72.2m129.4m219.3m85.7m150.6m225.1m82.9m179.1m341.0m162.5m287.0m487.9m200.6m350.4m580.3m223.3m372.4m621.3m268.4m423.5m681.1m255.8m429.8m706.9m266.9m426.1m
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Essex Property Trust Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

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Essex Property Trust Online and Social Media Presence

Essex Property Trust's Trends

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 Essex Property Trust Frequently Asked Questions

  • Who are Essex Property Trust key executives?

    Essex Property Trust's key executives are Michael J. Schall, Rylan Burns and John F. Burkart.

  • How many employees does Essex Property Trust have?

    Essex Property Trust has 1,822 employees.

  • What is Essex Property Trust revenue?

    Latest Essex Property Trust annual revenue is $1.5 b.

  • What is Essex Property Trust revenue per employee?

    Latest Essex Property Trust revenue per employee is $801.4 k.

  • Who are Essex Property Trust competitors?

    Competitors of Essex Property Trust include UDR, Seritage Growth Properties and EPR Properties.

  • Where is Essex Property Trust headquarters?

    Essex Property Trust headquarters is located at 1100 Park Pl #200, San Mateo.

  • Where are Essex Property Trust offices?

    Essex Property Trust has an office in San Mateo.

  • How many offices does Essex Property Trust have?

    Essex Property Trust has 1 office.