Essex Property Trust, Inc.

Essex Property Trust, Inc. (ESS) reported strong financial results for fiscal year 2025, ending December 31, 2025. Total revenues reached $1.89 billion, primarily driven by $1.88 billion in rental and other property income. The company achieved earnings from operations of $899.3 million, significantly boosted by a $299.5 million gain on the sale of real estate and land. Net income available to common stockholders was $669.7 million, translating to earnings per share of $10.00. Operating cash flow was robust at $1.07 billion, while the company invested $552.5 million in acquisitions and development activities. The balance sheet shows total assets of $13.16 billion with net real estate investments of $11.90 billion, supported by $6.02 billion in unsecured debt and $784.3 million in mortgage notes payable. The company paid $654.1 million in common stock dividends during the year.

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