Essex Property Trust (ESS) Total Operating Expenses (2009 - 2026)
Essex Property Trust (ESS) posted Operating Expenses of $342.71 million for Q3 2026, up 5.4% from $325.22 million a year earlier but down 10.2% from the prior quarter.
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Analysis
Essex Property Trust (ESS) Total Operating Expenses (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Operating Expenses at Essex Property Trust was $1.38 billion, up 7.5% year-over-year; for FY2025, it was $1.29 billion, up 3.3% from FY2024.
- Annual Operating Expenses has increased for four consecutive years, with a five-year compound annual growth rate of 3.8% (FY2020 to FY2025).
- In prior years, Essex Property Trust's Operating Expenses was $1.25 billion in FY2024 (+9.0%), $1.14 billion in FY2023 (+3.5%), $1.11 billion in FY2022 (+5.0%) and $1.05 billion in FY2021 (-1.5%).
- Quarterly Operating Expenses has run from a low of $270.33 million in Q4 2021 to a high of $381.68 million in Q2 2026 over five years.
- On a year-over-year basis, Operating Expenses has increased in each of the last 19 quarters, with growth averaging 6.8% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q2 2026, with growth of 20.7%; the weakest was Q4 2021, with a decline of 2.0%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $381.68 million (Q2 2026), $329.56 million (Q1 2026) and $327.49 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 176.94 Bn | 162.96 Bn | 1.47 Bn |
| 2 | Prologis | 122.03 Bn | 115.99 Bn | - |
| 3 | Simon Property | 74.72 Bn | 70.78 Bn | - |
| 4 | Public Storage | 61.00 Bn | 59.72 Bn | - |
| 5 | Realty Income | 55.78 Bn | 54.05 Bn | - |
| 6 | Ventas | 45.39 Bn | 44.06 Bn | - |
| 7 | Extra Space Storage | 33.09 Bn | 32.00 Bn | 650.96 Mn |
| 8 | Vici Properties | 27.35 Bn | 25.70 Bn | 1.06 Bn |
| 9 | Vivmark Residential | 24.46 Bn | 24.24 Bn | - |
| 10 | Essex Property Trust | 17.61 Bn | 17.36 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 342.71 Mn |
| Jun 30, 2026 | 381.68 Mn |
| Mar 31, 2026 | 329.56 Mn |
| Dec 31, 2025 | 327.49 Mn |
| Sep 30, 2025 | 325.22 Mn |
| Jun 30, 2025 | 316.31 Mn |
| Mar 31, 2025 | 318.53 Mn |
| Dec 31, 2024 | 325.56 Mn |
| Sep 30, 2024 | 321.91 Mn |
| Jun 30, 2024 | 304.91 Mn |
| Mar 31, 2024 | 294.57 Mn |
| Dec 31, 2023 | 291.41 Mn |
| Sep 30, 2023 | 287.40 Mn |
| Jun 30, 2023 | 281.21 Mn |
| Mar 31, 2023 | 284.27 Mn |
| Dec 31, 2022 | 281.46 Mn |
| Sep 30, 2022 | 281.14 Mn |
| Jun 30, 2022 | 271.35 Mn |
| Mar 31, 2022 | 272.06 Mn |
| Dec 31, 2021 | 270.33 Mn |
API Access
Essex Property Trust Total Operating Expenses 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=total-operating-expenses&ticker=ESS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-operating-expenses", "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=total-operating-expenses&ticker=ESS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();