Essex Income Before Tax from 2010 to 2024

ESS Stock  USD 248.02  1.10  0.45%   
Essex Property Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax will likely drop to about 216.5 M in 2024. From the period from 2010 to 2024, Essex Property Income Before Tax quarterly data regression had r-value of  0.73 and coefficient of variation of  60.14. View All Fundamentals
 
Income Before Tax  
First Reported
1994-09-30
Previous Quarter
-5.7 M
Current Value
70.3 M
Quarterly Volatility
57.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Essex Property financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Essex main balance sheet or income statement drivers, such as Depreciation And Amortization of 575.9 M, Interest Expense of 223.6 M or Selling General Administrative of 32.5 M, as well as many exotic indicators such as Price To Sales Ratio of 6.34, Dividend Yield of 0.0464 or PTB Ratio of 1.91. Essex financial statements analysis is a perfect complement when working with Essex Property Valuation or Volatility modules.
  
This module can also supplement Essex Property's financial leverage analysis and stock options assessment as well as various Essex Property Technical models . Check out the analysis of Essex Property Correlation against competitors.

Latest Essex Property's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Essex Property Trust over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Essex Property income statement and is an important metric when analyzing Essex Property Trust profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Essex Property's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Essex Property's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Essex Income Before Tax Regression Statistics

Arithmetic Mean313,136,656
Geometric Mean224,296,776
Coefficient Of Variation60.14
Mean Deviation168,127,033
Median413,599,000
Standard Deviation188,332,637
Sample Variance35469.2T
Range588.4M
R-Value0.73
Mean Square Error18102.4T
R-Squared0.53
Significance0
Slope30,544,925
Total Sum of Squares496568.5T

Essex Income Before Tax History

2024216.5 M
2023430.7 M
2022422.7 M
2021531.4 M
2020600.9 M
2019465.9 M
2018413.6 M

About Essex Property Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Essex Property income statement, its balance sheet, and the statement of cash flows. Essex Property investors use historical funamental indicators, such as Essex Property's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Essex Property investors may use each financial statement separately, they are all related. The changes in Essex Property's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Essex Property's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Essex Property Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Essex Property. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax430.7 M216.5 M

Essex Property Investors Sentiment

The influence of Essex Property's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Essex. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Essex Property's public news can be used to forecast risks associated with an investment in Essex. The trend in average sentiment can be used to explain how an investor holding Essex can time the market purely based on public headlines and social activities around Essex Property Trust. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Essex Property's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Essex Property's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Essex Property's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Essex Property.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Essex Property in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Essex Property's short interest history, or implied volatility extrapolated from Essex Property options trading.

Pair Trading with Essex Property

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Essex Property position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Essex Property will appreciate offsetting losses from the drop in the long position's value.

Moving against Essex Stock

  0.56ADC-PA Agree RealtyPairCorr
  0.48DOUG Douglas Elliman Earnings Call This WeekPairCorr
  0.43KW Kennedy Wilson Holdings Financial Report 1st of May 2024 PairCorr
The ability to find closely correlated positions to Essex Property could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Essex Property when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Essex Property - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Essex Property Trust to buy it.
The correlation of Essex Property is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Essex Property moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Essex Property Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Essex Property can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Essex Property Trust is a strong investment it is important to analyze Essex Property's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Essex Property's future performance. For an informed investment choice regarding Essex Stock, refer to the following important reports:
Check out the analysis of Essex Property Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Essex Property's price analysis, check to measure Essex Property's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Essex Property is operating at the current time. Most of Essex Property's value examination focuses on studying past and present price action to predict the probability of Essex Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essex Property's price. Additionally, you may evaluate how the addition of Essex Property to your portfolios can decrease your overall portfolio volatility.
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Is Essex Property's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Essex Property. If investors know Essex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Essex Property listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.64)
Dividend Share
9.24
Earnings Share
6.32
Revenue Per Share
26.146
Quarterly Revenue Growth
(0.04)
The market value of Essex Property Trust is measured differently than its book value, which is the value of Essex that is recorded on the company's balance sheet. Investors also form their own opinion of Essex Property's value that differs from its market value or its book value, called intrinsic value, which is Essex Property's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Essex Property's market value can be influenced by many factors that don't directly affect Essex Property's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Essex Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Essex Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essex Property's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.