ESSEssex Property Trust
Essex Property Trust, Inc. (“Essex”), a Maryland corporation, is an S&P 500 company that operates as a self-administered and self-managed real estate investment trust (“REIT”). 10-K, Item 1
- Employees
- 1,689
- Headquarters
- San Mateo, CA
- CEO
- Angela L. Kleiman
- Next results
- around Feb 3, 2027
Dilution: new shares, stock pay and buybacks
prospectuses (S-3, 424B) of the last three years and the 10-K cash flow From EDGARShares offered
Since Nov 11, 2023: 1 at-the-market program, 1 shelf registration.
- Aug 5, 2024 At-the-market program: up to $900M of common stock 424B5
- Aug 5, 2024 Shelf registration: shares and other securities, amount not fixed S-3ASR
Every offering filing →“This prospectus supplement and the accompanying prospectus relate to the ongoing offer and sale, from time to time, of shares of our common stock, par value $0.0001 per share (the “common stock”), having an aggregate gross sales price of up to $900,000,000.”
424B5, Aug 5, 2024 ↗
Diluted shares: 64.40M in the year to Dec 31, 2025 2025 +0.2%2024 0.0%2023 -1.3%2022 0.0%
Change in the diluted weighted average share count from the fiscal year before, stock splits taken out. Bars use one scale for stock pay and buybacks. Prospectuses are read from their cover page; preliminary ones are left out. Cash & buybacks, year by year → · How
FY2025, from the cash flow statement in the 10-K, added up.
Came from
| Operating cash flow | $1.1B |
| Debt raised | $1.1B |
Went to
| Shares sold (outflow) | $391K |
| Debt repaid | $808.6M |
| Added to cash | $9.7M |
| Other, net investments bought and sold, other financing and investing lines, and exchange rates |
$1.4B |
Each number is a line of the cash flow statement as the company tagged it. "Other, net" is what those lines do not cover (investments bought and sold, other financing and investing lines, and exchange rates); Tickdelta does not estimate it.
Each CEO's years
The CEO of each fiscal year as named in the proxy's pay versus performance table, and what the 10-Ks show for those years. Facts, not a grade.
Angela L. Kleiman
- Operating cash flow
- $2.1B
- Buybacks
- $0
- Stock-based pay
- $16.8M
- Diluted shares since FY2023
- +0.2%
- Revenue since FY2023
- +13%
- CEO pay (reported)
- $18.3M
Michael J. Schall and Angela L. Kleiman
- Operating cash flow
- $980.1M
- Buybacks
- $95.7M
- Stock-based pay
- $8.0M
- Diluted shares since FY2022
- -1.3%
- Revenue since FY2022
- +4%
- CEO pay (reported)
- $5.8M
Michael J. Schall
- Operating cash flow
- $1.9B
- Buybacks
- $198.9M
- Stock-based pay
- $14.5M
- Diluted shares since FY2020
- -0.7%
- Revenue since FY2020
- +7%
- CEO pay (reported)
- $11.2M
| Fiscal year to | Buybacks | Dividends | Stock pay | Shares issued for cash | Diluted shares |
|---|---|---|---|---|---|
| 2025-12-31 | $0 | $654.1M | $9.6M | -$391K | 64.40M |
| 2024-12-31 | $0 | $620.5M | $7.2M | -$296K | 64.25M |
| 2023-12-31 | $95.7M | $587.0M | $8.0M | -$347K | 64.25M |
| 2022-12-31 | $189.7M | $565.9M | $7.2M | -$314K | 65.10M |
| 2021-12-31 | $9.2M | $542.9M | $7.3M | -$455K | 65.09M |
From the XBRL of the 10-Ks (cash flow statement and diluted weighted average shares); each year as reported in the latest 10-K that includes it. Concepts: buybacks = PaymentsForRepurchaseOfCommonStock; dividends = PaymentsOfOrdinaryDividends; sbc = ShareBasedCompensation; issuance = ProceedsFromIssuanceOfCommonStock; diluted_shares = WeightedAverageNumberOfDilutedSharesOutstanding.
Work on ESS in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/ESS/export.csv") into a cell.