GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Essex Property Trust Inc (NYSE:ESS) » Definitions » Pre-Tax Income

Essex Property Trust (Essex Property Trust) Pre-Tax Income

: $432 Mil (TTM As of Dec. 2023)
View and export this data going back to 1994. Start your Free Trial

Pretax income is the income that a company earns before paying income taxes. Essex Property Trust's pretax income for the three months ended in Dec. 2023 was $70 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $432 Mil. Essex Property Trust's pretax margin was 16.68%.

During the past 13 years, Essex Property Trust's highest Pretax Margin was 40.17%. The lowest was 13.85%. And the median was 30.73%.


Essex Property Trust Pre-Tax Income Historical Data

The historical data trend for Essex Property Trust's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Essex Property Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 465.91 600.86 515.69 432.99 430.71

Essex Property Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 194.22 160.69 107.49 93.01 70.35

Competitive Comparison

For the REIT - Residential subindustry, Essex Property Trust's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Essex Property Trust Pre-Tax Income Distribution

For the REITs industry and Real Estate sector, Essex Property Trust's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Essex Property Trust's Pre-Tax Income falls into.



Essex Property Trust Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Essex Property Trust's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=525.435+71.919+-212.905+46.259+5.6843418860808E-14
=431

Essex Property Trust's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=131.101+-22.857+-55.099+17.204+-1.4210854715202E-14
=70

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $432 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Essex Property Trust  (NYSE:ESS) Pre-Tax Income Explanation

Essex Property Trust's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=70.349/421.748
=16.68%

During the past 13 years, Essex Property Trust's highest Pretax Margin was 40.17%. The lowest was 13.85%. And the median was 30.73%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Essex Property Trust Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Essex Property Trust's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Essex Property Trust (Essex Property Trust) Business Description

Traded in Other Exchanges
Address
1100 Park Place, Suite 200, San Mateo, CA, USA, 94403
Essex Property Trust owns a portfolio of 252 apartment communities with over 62,000 units and is developing another property with 264 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
Executives
Anne Morrison officer: SVP - General Counsel C/O ESSEX PROPERTY TRUST, INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Amal M Johnson director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Angela L. Kleiman officer: Executive Vice President & CFO 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Michael J Schall director, officer: Sr. Exec. Vice President & CFO C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Adam W Berry officer: Co-Chief Investment Officer C/O ESSEX PROPERTY TRUST, INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Barbara Pak officer: Executive Vice President & CFO C/O ESSEX PROPERTY TRUST, INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
John Farias officer: Group Vice President and CAO C/O ESSEX PROPERTY TRUST, INC, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Lyons Irving F Iii director C/O ESSEX PROPERTY TRUST, INC., 925 E. MEADOW DRIVE, PALO ALTO CA 94303
Thomas E Robinson director 309 GARRISON FOREST ROAD, OWNINGS MILLS MD 21117
Byron A Scordelis director
Maria R Hawthorne director 701 WESTERN AVENUE, GLENDALE CA 91201
John F. Burkart officer: Executive Vice President C/O ESSEX PROPERTY TRUST INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Craig K Zimmerman officer: Executive Vice President C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Janice L. Sears director 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
John D Eudy officer: Executive Vice President C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403