Essex Property Trust (ESS) Net Margin (2009 - 2026)
Essex Property Trust's Net Margin came in at 19.90% for Q3 2026, down 14.88 percentage points from 34.78% a year earlier but up 7.13 percentage points from the prior quarter.
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Analysis
Essex Property Trust (ESS) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Essex Property Trust reported Net Margin of 17.85%, down 27.61 percentage points year-over-year; for FY2025, it was 35.48%, down 6.31 percentage points from FY2024.
- Net Margin carries a five-year change of -2.55 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 41.79% in FY2024 (+17.48 pp), 24.31% in FY2023 (-1.10 pp), 25.41% in FY2022 (-8.50 pp) and 33.91% in FY2021 (-4.12 pp).
- The five-year range for quarterly Net Margin is 12.77% (Q2 2026) to 63.88% (Q1 2024).
- Year-over-year, Net Margin has declined for four consecutive quarters, with an average year-over-year change of -6.91 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q4 2024 (a gain of 41.14 percentage points), and the weakest in Q4 2025 (a drop of 39.85 percentage points).
- Business Quant data shows ESS's Net Margin at 12.77% (Q2 2026), 21.91% (Q1 2026) and 16.80% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 176.94 Bn | 162.96 Bn | 1.47 Bn | 10.67% |
| 2 | Prologis | 122.03 Bn | 115.99 Bn | - | 34.17% |
| 3 | Simon Property | 74.72 Bn | 70.78 Bn | - | 26.98% |
| 4 | Public Storage | 61.00 Bn | 59.72 Bn | - | 22.86% |
| 5 | Realty Income | 55.78 Bn | 54.05 Bn | - | 24.91% |
| 6 | Ventas | 45.39 Bn | 44.06 Bn | - | 3.57% |
| 7 | Extra Space Storage | 33.09 Bn | 32.00 Bn | 650.96 Mn | 27.84% |
| 8 | Vici Properties | 27.35 Bn | 25.70 Bn | 1.06 Bn | 32.15% |
| 9 | Vivmark Residential | 24.46 Bn | 24.24 Bn | - | - |
| 10 | Essex Property Trust | 17.61 Bn | 17.36 Bn | - | 19.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.90% |
| Jun 30, 2026 | 12.77% |
| Mar 31, 2026 | 21.91% |
| Dec 31, 2025 | 16.80% |
| Sep 30, 2025 | 34.78% |
| Jun 30, 2025 | 47.12% |
| Mar 31, 2025 | 43.72% |
| Dec 31, 2024 | 56.65% |
| Sep 30, 2024 | 26.28% |
| Jun 30, 2024 | 21.00% |
| Mar 31, 2024 | 63.88% |
| Dec 31, 2023 | 15.50% |
| Sep 30, 2023 | 20.82% |
| Jun 30, 2023 | 23.94% |
| Mar 31, 2023 | 37.23% |
| Dec 31, 2022 | 44.60% |
| Sep 30, 2022 | 22.66% |
| Jun 30, 2022 | 14.26% |
| Mar 31, 2022 | 19.18% |
| Dec 31, 2021 | 36.83% |
API Access
Essex Property Trust Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=ESS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "ESS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=ESS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();