ESS at a glance
Essex Property Trust (ESS, SEC CIK 920522) filed its latest 10-K annual report on February 20, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on September 25, 2026 and Form 4 insider filings as recently as May 29, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Essex Property Trust (ESS) reported revenue of $9.4 million (down 8.6% from FY2024) and net income of $669.7 million. Diluted EPS was $10.40.
- As of June 30, 2026, 34 institutional investment managers tracked by SignalX reported holding Essex Property Trust (ESS) shares worth $11.6 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Kasaris Mary on May 27, 2026 of 600 shares at $279.45 per share.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $9.4M
- −8.6% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 34 funds
- $11.6B · −2 vs prior quarter
- Latest 8-K
- Sep 25, 2026
- Item 1.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Risk Factors
- California Proposition 13 repeal/amendment risks with potential for substantial retroactive property tax increases on California properties
- Economic downturn in California and Washington markets risking reduced apartment demand, as Company operates primarily in these high-tax, regulated states
- Increased capital and maintenance costs on aging and newly acquired properties potentially exceeding budgets, impacting financial condition
- Competition from owner-occupied single-family homes and other apartments, with risk of reduced rental rates and lower occupancy rates
- Exposure to joint venture partner insolvency risking contingent liabilities and loss of control over community operations and related assets
Management Discussion & Analysis
- Revenue $1.878B, up 6.4% YoY; 2025 Same-Properties revenues $1.643B, up 3.3% ($52.6M)
- Operating expenses rose: property expenses +7.7% ($25.3M), real estate taxes +6.3% ($12.2M), depreciation +4.7% ($27.3M)
- Best segment: Northern California Same-Property revenues up 3.6% ($23.0M) to $664.8M; worst: Seattle Metro Same-Property +2.8% ($8.1M)
- Operating cash flow $1.074B; investing cash flow $(552M); financing cash flow $(512M); capex $2,258 per apartment home (non-revenue generating)
- 2026 outlook: New housing supply growth <1% in key markets; liquidity sufficient with $76.2M cash, $98.1M marketable securities, $1.58B credit lines; risks from geopolitical and market uncertainties
Business Overview
- Core business: Ownership, operation, acquisition, development of West Coast apartment communities (63,077 apartment homes across 259 communities)
- New joint venture Wesco VII with State of Wisconsin Investment Board, $100M equity commitment for multifamily projects
- Strategic shift: Increased borrowing capacity from $1.2B to $1.5B secured revolving credit facility, extended maturity to 2030
- Notable metric: Development pipeline includes one project with 543 homes, total estimated costs $358.0M
- Unique fact: Repayment and consolidation of preferred equity investments in two communities after issuing default notices and taking full managerial control
AI summary of the ESS 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Risk Factors
- No risk-factors section provided; submitted text covers Items 2–6, not risk disclosures
- New $500.0 million stock-repurchase authorization approved in May 2026
- 48,261 shares repurchased at $242.47 average price during April 2026
- No defaults upon senior securities reported for the quarter
- No director or officer Rule 10b5-1 trading-plan activity during the quarter
AI summary of the ESS 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 1.01: Entry into a Material Definitive Agreement
- Term Loan Agreement referenced, indicating new financing for Essex Property Trust and Essex Portfolio, L.P.
- Expected use of loan proceeds identified as forward-looking, but specific amount and terms absent from provided text
Item 7.01: Regulation FD Disclosure
- Signature page dated September 11, 2026, executed by CFO Barbara Pak
- Filing signed for Essex Property Trust and subsidiary Essex Portfolio, L.P.
Item 2.02: Results of Operations and Financial Condition
- Section 2.02 excerpt contains only Exchange Act liability and incorporation-by-reference disclaimers
- No earnings figures or operating results included; substantive information likely appears in an accompanying exhibit
Item EX-99.1: Item EX-99.1
- Q2 Core FFO $4.08 per share, up 1.2% YoY and $0.10 above guidance midpoint
- Same-property revenue and NOI increased 2.7% and 2.6%, with occupancy remaining high at 96.3%
AI summaries of ESS 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for ESS
Don't miss the next ESS filing
- Alerts as it files. A push when ESS files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut ESS, by share count.
- Ask anything. An AI agent that reads every ESS filing and answers with sources.
ESS alerts on your phone. Follow it in the SignalX Android app.
Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Kasaris Mary | Sell | May 27, 2026 | 600 | $279.45 |
| Kasaris Mary | A | May 12, 2026 | 633 | - |
| GUERICKE KEITH R | A | May 12, 2026 | 633 | - |
| Johnson Amal M | A | May 12, 2026 | 633 | - |
| HAWTHORNE MARIA R | A | May 12, 2026 | 633 | - |
| GUST ANNE B | A | May 12, 2026 | 633 | - |
| Arabia John V | A | May 12, 2026 | 633 | - |
| LYONS IRVING F III | A | May 12, 2026 | 633 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $10.3M | $9.4M |
| Gross Profit | $1.2B | $1.2B | $1.3B |
| Operating Income | - | $703.1M | $899.3M |
| Net Income | $405.8M | $741.5M | $669.7M |
| Gross Margin | - | 12125.3% | 14060.1% |
| Op. Margin | - | 6849.4% | 9586.6% |
| Net Margin | - | 7223.8% | 7138.5% |
| Balance Sheet | |||
| Total Assets | $12.4B | $12.9B | $13.2B |
| Equity | - | $5.5B | $5.5B |
| ROE | - | 13.4% | 12.1% |
| Per Share | |||
| EPS | - | $11.54 | $10.40 |
| Cash Flow | |||
| Operating CF | $980.1M | $1.1B | $1.1B |
Source: XBRL data in Essex Property Trust (ESS)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate ESS share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 34 | $11.60B |
| Q1 2026 | 36 | $9.43B |
| Q4 2025 | 32 | $10.66B |
| Q3 2025 | 36 | $11.24B |
| Q2 2025 | 35 | $11.60B |
| Q1 2025 | 31 | $8.95B |
| Q4 2024 | 27 | $7.64B |
| Q3 2024 | 25 | $4.46B |
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- Bridgewater Associates LP−2.1K
Source: 13F-HR filings on SEC EDGAR (aggregated from 256 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
ESS filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Sep 25, 2026 | - | Analysis | - |
| 8-K | Sep 11, 2026 | - | Analysis | - |
| 10-Q | Jul 30, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 29, 2026 | - | Analysis | - |
| 4 | May 29, 2026 | - | - | |
| 8-K | May 29, 2026 | - | Analysis | |
| 4 | May 14, 2026 | - | - | |
| 4 | May 14, 2026 | - | - | |
| 4 | May 14, 2026 | - | - | |
| 4 | May 14, 2026 | - | - | |
| 4 | May 14, 2026 | - | - | |
| 4 | May 14, 2026 | - | - | |
| 4 | May 14, 2026 | - | - | |
| 8-K | May 14, 2026 | - | Analysis | |
| 4 | May 14, 2026 | - | - | |
| SC 13G | Apr 29, 2026 | - | - | |
| 10-Q | Apr 29, 2026 | Mar 31, 2026 | Analysis | |
| SC 13G | Apr 29, 2026 | - | - | |
| 8-K | Apr 28, 2026 | - | Analysis | - |
| 4 | Feb 20, 2026 | - | - | |
| 4 | Feb 20, 2026 | - | - | |
| 10-K | Feb 20, 2026 | Dec 31, 2025 | Analysis | |
| 4 | Feb 20, 2026 | - | - | |
| 4 | Feb 20, 2026 | - | - | |
| 4 | Feb 10, 2026 | - | - |
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ESS SEC filings: frequently asked questions
Which institutions hold ESS stock?
As of June 30, 2026, the largest Essex Property Trust (ESS) holders among the 13F filers tracked by SignalX were BlackRock ($2.2 billion), Vanguard Portfolio Management LLC ($1.6 billion), State Street Corp ($1.5 billion), COHEN & STEERS, INC. ($1.4 billion), Vanguard Capital Management LLC ($1.2 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was ESS's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Essex Property Trust (ESS) reported revenue of $9.4 million (down 8.6% from FY2024) and net income of $669.7 million. Diluted EPS was $10.40. The figures come from the XBRL data in the 10-K.
What are the main risks in ESS's latest 10-K?
In the 10-K filed February 20, 2026, Essex Property Trust (ESS) flagged: California Proposition 13 repeal/amendment risks with potential for substantial retroactive property tax increases on California properties. Economic downturn in California and Washington markets risking reduced apartment demand, as Company operates primarily in these high-tax, regulated states. (AI summary of the Risk Factors section.)
What did ESS report in its latest 8-K?
Essex Property Trust (ESS) filed an 8-K on September 25, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement). Term Loan Agreement referenced, indicating new financing for Essex Property Trust and Essex Portfolio, L.P.
What are the latest ESS SEC filings?
Essex Property Trust (ESS) filed its latest 10-K annual report on February 20, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on September 25, 2026 and a Form 4 insider filing on May 29, 2026.
What is ESS's SEC CIK number?
Essex Property Trust (ESS)'s SEC Central Index Key (CIK) is 920522. EDGAR lists every ESS filing under that number.
Ask anything about ESS
The research agent reads ESS's filings, financials, insider trades and 13F holders, then answers with sources.