Essex Property Trust
ESS
$246.92
Share price
-0.12%
Change (1 day)
12.37%
Change (1 year)
Categories
Essex Property Trust is a publicly traded real estate investment trust (REIT) that invests in apartments, primarily on the West Coast of the United States.
Operating Margin for Essex Property Trust (ESS)
Operating Margin as of April 2024 (TTM): 26.30%
According to Essex Property Trust 's latest financial reports and stock price the company's current Operating Margin is 26.30%. At the end of 2022 the company had an Operating Margin of 26.31%.
Operating Margin history for Essex Property Trust from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 26.31% | -28.67% |
| 2021 | 36.89% | -8.18% |
| 2020 | 40.17% | 25.9% |
| 2019 | 31.91% | 8.01% |
| 2018 | 29.54% | -12.03% |
| 2017 | 33.58% | -1.86% |
| 2016 | 34.22% | 64.66% |
| 2015 | 20.78% | 49.85% |
| 2014 | 13.87% | -39.58% |
| 2013 | 22.96% | -3.71% |
| 2012 | 23.84% | 130.5% |
| 2011 | 10.34% | -15.33% |
| 2010 | 12.22% | -61.33% |
| 2009 | 31.59% | 105.34% |
| 2008 | 15.38% | 42.09% |
| 2007 | 10.83% | 5.08% |
| 2006 | 10.30% | -37.53% |
| 2005 | 16.49% | -50.3% |
| 2004 | 33.19% | -24.38% |
| 2003 | 43.89% | -15.33% |
| 2002 | 51.83% | -1.55% |
| 2001 | 52.65% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Federal Realty Investment Trust
FRT | 36.55% | 38.97% | 🇺🇸 USA |
 CyrusOne
CONE | 7.05% | -73.19% | 🇺🇸 USA |
 Mack-Cali CLI | -5.38% | -120.46% | 🇺🇸 USA |
 Camden Property Trust
CPT | 14.47% | -44.98% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.