Essex Property Trust, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.36B | $1.29B | $1.19B | $970.9M | $610.6M | $535.2M | $467.4M | $410.3M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $41.4M | $40.8M | $40.1M | $40.9M | $26.7M | $24.6M | $20.7M | $23.3M |
| Operating Income | $472.9M | $420.8M | $331.2M | $201.5M | $188.7M | $167.0M | $134.6M | $110.6M |
| Operating Margin | 34.7% | 32.5% | 27.7% | 20.8% | 30.9% | 31.2% | 28.8% | 27.0% |
| Interest Expense | $222.9M | $219.7M | $204.8M | $164.6M | $116.5M | $111.9M | $91.7M | $82.8M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | $0 | $0 | $-1.7M | $0 |
| Net Income | $433.1M | $415.0M | $232.1M | $122.2M | $156.3M | $125.3M | $47.1M | $35.9M |
| Net Margin | 31.8% | 32.1% | 19.4% | 12.6% | 25.6% | 23.4% | 10.1% | 8.8% |
| EPS (Basic) | $6.58 | $6.28 | $3.50 | $2.07 | $4.05 | $3.42 | $1.24 | $1.14 |
| EPS (Diluted) | $6.57 | $6.27 | $3.49 | $2.06 | $4.04 | $3.41 | $1.24 | $1.14 |
| Shares Outstanding (Basic) | 65.8M | 65.5M | 64.9M | 56.5M | 37.2M | 35.0M | 32.5M | 29.7M |
| Shares Outstanding (Diluted) | 65.9M | 65.6M | 65.1M | 56.7M | 37.3M | 35.1M | 32.6M | 29.7M |
| Dividends Per Share | $7.00 | $6.40 | — | — | — | — | — | — |