The historical rank and industry rank for Essex Property Trust's Pretax Margin % or its related term are showing as below:
ESS'
s Pretax Margin % Range Over the Past 10 Years
Min: 13.85 Med: 30.73 Max: 40.17
Current: 33.02
ESS's Pretax Margin % is ranked worse than 50.25% of 788
companies
in the REITs industry
Industry Median: 33.16
vs ESS: 33.02
Essex Property Trust Pretax Margin % Historical Data
The historical data trend for Essex Property Trust's Pretax Margin % 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.
Competitive Comparison of Essex Property Trust's Pretax Margin %
For the REIT - Residential subindustry, Essex Property Trust's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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's Pretax Margin % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Essex Property Trust's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Essex Property Trust's Pretax Margin % falls into.
Essex Property Trust Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Essex Property Trust's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Essex Property Trust Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Essex Property Trust's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Essex Property Trust (Essex Property Trust) Business Description
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.
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