Essex Property Trust balance sheet
At the end of fiscal 2025, Essex Property Trust had total assets of $13.16bn, total liabilities of $7.42bn and shareholders' equity of $5.54bn. It held $76.2m in cash against $6.80bn of debt: net debt of $6.72bn.
Balance sheet
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.4 | 0.1 | 0.1 | 0.1 |
| Total assets | 3.3 | 3.7 | 4.0 | 4.8 | 5.2 | 11.5 | 12.0 | 12.2 | 12.5 | 12.4 | 12.7 | 12.9 | 13.0 | 12.4 | 12.4 | 12.9 | 13.2 | 12.8 |
| Long-term debt | — | 1.8 | 1.7 | 1.6 | 1.4 | 2.2 | 2.2 | 2.2 | 2.0 | 1.8 | 1.0 | 0.6 | 0.6 | — | — | — | — | 6.6 |
| Total debt | 1.6 | 1.8 | 2.2 | 2.7 | 2.8 | 4.8 | 5.3 | 5.4 | 5.5 | 5.6 | 5.8 | 6.3 | 5.9 | 5.9 | 6.2 | 6.5 | 6.8 | 6.6 |
| Total liabilities | 2.0 | 2.4 | 2.5 | 3.0 | 3.2 | 5.4 | 5.6 | 5.9 | 6.1 | 6.0 | 6.3 | 6.7 | 6.8 | 6.5 | 6.7 | 7.2 | 7.4 | 7.3 |
| Shareholders' equity | 1.1 | 1.1 | 1.4 | 1.8 | 1.9 | 6.0 | 6.2 | 6.2 | 6.3 | 6.3 | 6.2 | 6.0 | 6.0 | 5.7 | 5.4 | 5.5 | 5.5 | 5.3 |
| Non-controlling interests and other (assets − liabilities − equity) | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net debt (negative = net cash) | 1.6 | 1.8 | 2.2 | 2.7 | 2.8 | 4.8 | 5.3 | 5.4 | 5.5 | 5.5 | 5.7 | 6.2 | 5.9 | 5.9 | 5.8 | 6.4 | 6.7 | 6.6 |
| Shares outstanding | 29m | 31m | 34m | 36m | 36m | 64m | 65m | 66m | 66m | 66m | 66m | 65m | 65m | 65m | 64m | 64m | 64m | 64m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 12.9 | 13.2 | 13.2 | 13.2 | 13.2 | 13.1 | 12.9 | 12.8 |
| Long-term debt | — | 6.8 | 6.4 | 6.4 | — | 6.8 | 6.4 | 6.6 |
| Total debt | — | 6.8 | 6.4 | 6.4 | — | 6.8 | 6.4 | 6.6 |
| Total liabilities | 7.2 | 7.4 | 7.3 | 7.3 | 7.4 | 7.5 | 7.4 | 7.3 |
| Shareholders' equity | 5.5 | 5.6 | 5.6 | 5.6 | 5.5 | 5.4 | 5.3 | 5.3 |
| Shares outstanding | 64m | 64m | 64m | 64m | 64m | 64m | 64m | 64m |
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