Company Quick10K Filing
Essex Property Trust
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 68 $20,040
10-Q 2019-10-25 Quarter: 2019-09-30
10-Q 2019-07-25 Quarter: 2019-06-30
10-Q 2019-04-26 Quarter: 2019-03-31
10-K 2019-02-21 Annual: 2018-12-31
10-Q 2018-10-31 Quarter: 2018-09-30
10-Q 2018-08-03 Quarter: 2018-06-30
10-Q 2018-05-04 Quarter: 2018-03-31
10-K 2018-02-22 Annual: 2017-12-31
10-Q 2017-11-03 Quarter: 2017-09-30
10-Q 2017-07-31 Quarter: 2017-06-30
10-Q 2017-05-01 Quarter: 2017-03-31
10-K 2017-02-24 Annual: 2016-12-31
10-Q 2016-10-31 Quarter: 2016-09-30
10-Q 2016-08-01 Quarter: 2016-06-30
10-Q 2016-05-03 Quarter: 2016-03-31
10-K 2016-02-26 Annual: 2015-12-31
10-Q 2015-11-04 Quarter: 2015-09-30
10-Q 2015-08-06 Quarter: 2015-06-30
10-Q 2015-05-11 Quarter: 2015-03-31
10-K 2015-03-02 Annual: 2014-12-31
10-Q 2014-11-06 Quarter: 2014-09-30
10-Q 2014-08-11 Quarter: 2014-06-30
10-Q 2014-05-12 Quarter: 2014-03-31
10-K 2014-02-26 Annual: 2013-12-31
10-Q 2013-11-04 Quarter: 2013-09-30
10-Q 2013-08-05 Quarter: 2013-06-30
10-Q 2013-05-06 Quarter: 2013-03-31
10-K 2013-02-25 Annual: 2012-12-31
10-Q 2012-11-05 Quarter: 2012-09-30
10-Q 2012-08-06 Quarter: 2012-06-30
10-Q 2012-05-07 Quarter: 2012-03-31
10-K 2012-02-27 Annual: 2011-12-31
10-Q 2011-11-07 Quarter: 2011-09-30
10-Q 2011-08-08 Quarter: 2011-06-30
10-Q 2011-05-09 Quarter: 2011-03-31
10-K 2011-02-25 Annual: 2010-12-31
10-Q 2010-11-09 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-06 Quarter: 2010-03-31
10-K 2010-02-26 Annual: 2009-12-31
8-K 2019-10-23
8-K 2019-10-07 Off-BS Arrangement, Other Events, Exhibits
8-K 2019-09-09 Regulation FD, Exhibits
8-K 2019-09-05 Officers, Other Events, Exhibits
8-K 2019-08-07 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-07-29 Other Events, Exhibits
8-K 2019-07-24 Earnings, Exhibits
8-K 2019-05-31 Regulation FD, Exhibits
8-K 2019-05-14 Shareholder Vote
8-K 2019-04-24 Earnings, Exhibits
8-K 2019-03-26 Off-BS Arrangement, Exhibits
8-K 2019-03-19 Other Events, Exhibits
8-K 2019-03-04 Regulation FD, Exhibits
8-K 2019-02-11 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-02-04 Other Events, Exhibits
8-K 2019-02-04 Other Events, Exhibits
8-K 2019-01-30 Earnings, Exhibits
8-K 2018-12-19 Officers, Other Events, Exhibits
8-K 2018-10-29 Earnings, Exhibits
8-K 2018-09-28 Other Events, Exhibits
8-K 2018-09-24 Regulation FD, Exhibits
8-K 2018-09-18 Officers
8-K 2018-08-01 Earnings, Exhibits
8-K 2018-05-31 Regulation FD, Exhibits
8-K 2018-05-15 Officers, Shareholder Vote
8-K 2018-05-02 Earnings, Exhibits
8-K 2018-03-08 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-03-05 Regulation FD, Exhibits
8-K 2018-02-27 Other Events, Exhibits
8-K 2018-02-26 Other Events, Exhibits
8-K 2018-02-20 Officers, Amend Bylaw, Exhibits
8-K 2018-02-07 Earnings, Exhibits
8-K 2018-01-17 Enter Agreement, Off-BS Arrangement, Exhibits

Essex Property Trust Financials

ESS Metrics, Comps, Filings

Annual | Quarterly

Business

Essex Property Trust, Inc. ("Essex"), a Maryland corporation, is an S&P 500 company that operates as a self-administered and self-managed real estate investment trust ("REIT"). Essex owns all of its interest in its real estate and other investments directly or indirectly through Essex Portfolio, L.P. (the "Operating Partnership" or "EPLP"). Essex is the sole general partner of the Operating Partnership and as of December 31, 2018, had an approximately 96.6% general partnership interest in the Operating Partnership. In this report, the terms the "Company," "we," "us," and "our" also refer to Essex Property Trust, Inc., the Operating Partnership and those entities/subsidiaries owned or controlled by Essex and/or the Operating Partnership.

Essex has elected to be treated as a REIT for federal income tax purposes, commencing with the year ended December 31, 1994. Essex completed its initial public offering on June 13, 1994. In order to maintain compliance with REIT tax rules, the Company utilizes taxable REIT subsidiaries for various revenue generating or investment activities. All taxable REIT subsidiaries are consolidated by the Company for financial reporting purposes.

The Company is engaged primarily in the ownership, operation, management, acquisition, development and redevelopment of predominantly apartment communities, located along the West Coast of the United States. As of December 31, 2018, the Company owned or had ownership interests in 245 operating apartment communities, aggregating 59,661 apartment homes, excluding the Company's ownership in preferred equity co-investments, loan investments, one operating commercial building with approximately 106,716 square feet and six active development projects with 1,861 apartment homes in various stages of development (collectively, the "Portfolio").


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
AvalonBay Communities (AVB) 28,132 0% 19.9 5% 18,933 8,179 2,298 0 917 1,771 35,217
SBA Communications (SBAC) 27,990 76% 50.1 1% 9,269 12,609 1,945 1,476 131 751 37,634
Digital Realty Trust (DLR) 26,438 0% 19.8 1% 23,430 12,939 3,163 0 326 1,889 37,320
Ventas (VTR) 25,377 75% 19.8 2% 22,989 11,890 3,753 2,801 506 1,796 35,585
Realty Income (O) 21,798 0% 17.5 2% 16,749 7,886 1,400 0 391 1,242 21,758
Essex Property Trust (ESS) 20,040 0% 22.7 3% 12,671 6,289 1,422 0 434 1,133 25,731
Boston Properties (BXP) 19,829 41% 11.0 3% 21,268 13,248 2,851 1,172 634 1,704 18,666
Weyerhaeuser (WY) 19,074 20% 27.0 0% 17,029 8,305 6,881 1,372 1 971 26,222
Alexandria Real Estate Equities (ARE) 16,176 0% 20.7 3% 15,480 7,125 1,366 0 392 1,049 21,727
HCP (HCP) 15,617 59% 12.2 7% 13,713 7,094 1,826 1,084 992 1,776 21,696
Extra Space Storage (EXR) 14,252 75% 16.2 6% 8,391 5,562 943 711 464 874 14,196
WP Carey (WPC) 13,963 97% 19.2 3% 14,192 7,201 1,086 1,051 412 1,034 19,878
Mid America Apartment (MAA) 13,556 0% 57.5 1% 11,275 4,990 407 0 64 235 13,498
Annaly Capital Management (NLY) 13,310 -5.9 -3% 131,801 116,093 0 0 -4,495 -2,005 11,832
Host Hotels & Resorts (HST) 13,227 0% 4.9 9% 12,525 4,910 5,624 0 1,160 2,457 11,917
UDR (UDR) 12,621 0% 37.1 2% 8,197 4,229 1,086 0 183 445 16,484
Vornado Realty Trust (VNO) 12,535 0% 3.4 18% 17,914 9,556 1,541 0 3,142 3,719 12,729
Duke Realty (DRE) 12,133 0% 23.1 3% 8,014 3,312 1,005 0 235 648 14,979
Regency Centers (REG) 11,683 0% 83.5 0% 10,947 4,594 560 0 53 183 15,325
Equity Lifestyle Properties (ELS) 11,481 0% 32.6 7% 4,014 2,707 1,008 0 279 349 11,390

Balance Sheet ($MM)2010-12-312013-12-312015-12-312016-12-312017-12-312018-12-31
Cash22351231051717
Accounts Receivable
Inventory
PP&E3,1894,18910,38210,36510,58010,157
Assets3,7335,18712,00512,21712,49612,384
Accounts Payable
Long-Term Debt1,4042,2152,1912,0081,807
Liabilities2,3743,1845,6235,8806,0605,954
Stockholders' Equity1,1501,8856,2876,1926,2776,267
Income Statement ($MM)2010-12-312013-12-312015-12-312016-12-312017-12-312018-12-31
Revenue4166141,1941,2941,3641,400
Cost of Revenue
Gross Profit
R&D
SG&A262640414153
Tax0
Net Income51172248438458414
Cash Flow ($MM)2010-12-312013-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating176305617713766827
Cash Investing-511-454-726-421-477-60
Cash Financing328149108-256-309-676