What is the current annual operating margin of ESS?

As of today, ESS annual operating margin is 32.11%

What is 1-year change in ESS annual operating margin?

ESS annual operating margin is down -24.64% year-over-year

What is 3-year change in ESS annual operating margin?

ESS annual operating margin is down -12.34% over the past 3 years

How far is ESS annual operating margin from its all-time high?

ESS annual operating margin is currently -39.32% below its historical high of 52.92% set on December 31, 2000

How does ESS annual operating margin rank versus sector peers?

ESS annual operating margin is higher than 63.57% of companies in Real Estate sector

When is ESS next annual earnings release?

As of today, the next annual earnings release for ESS has not been scheduled

What is the current quarterly operating margin of ESS?

As of today, ESS quarterly operating margin is 21.95%

What is ESS quarterly operating margin most recent change?

ESS quarterly operating margin was down -32.11% on June 30, 2026

What is 1-year change in ESS quarterly operating margin?

ESS quarterly operating margin is down -33.93% year-over-year

How far is ESS quarterly operating margin from its all-time high?

ESS quarterly operating margin is currently -78.05% below its historical high of 100.00% set on December 31, 2002

How does ESS quarterly operating margin rank versus sector peers?

ESS quarterly operating margin is higher than 46.99% of companies in Real Estate sector

When is ESS next earnings release?

The next earnings release for ESS is on October 27, 2026

ESS Operating Margin History & Chart Since 1994

Annual Operating Margin

32.11%10.50%-24.64%

December 31, 2025

Summary

Current Value: As of today, ESS annual operating margin is 32.11%, down -24.64% on December 31, 2025
Historical Performance: ESS annual operating margin is down -12.34% over the past 3 years, down -28.90% over the past 5 years
All-Time High Comparison: ESS annual operating margin is currently -39.32% below its historical high of 52.92% set on December 31, 2000
3-Year Low Comparison: ESS annual operating margin is +2.03% above its 3-year low of 31.47% reached on December 31, 2023
Sector Comparison: ESS annual operating margin is higher than 63.57% of companies in Real Estate sector

Operating Margin Chart

beforeafter

Performance

ESS Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	32.11%	-24.6%	-12.3%	-28.9%	+16.6%
Quarterly Operating Margin	Jun 30, 26	21.95%	-33.9%	-33.7%	-26.1%	+238.2%
Price	Aug 19, 26	$287.36	+9.7%	+21.6%	-10.1%	+117.4%
PE Ratio	Aug 19, 26	44.72	+112.2%	+55.6%	-13.5%	-73.6%
Annual Revenue	Dec 31, 25	$1.89B	+6.4%	+17.5%	+26.2%	+354.0%
Annual Operating Profit	Dec 31, 25	$606.05M	-19.8%	+3.0%	-10.3%	+429.1%
Annual Gross Margin	Dec 31, 25	38.81%	+9.9%	+11.5%	+17.2%	-10.4%
Annual Net Margin	Dec 31, 25	37.24%	-18.6%	+38.2%	-8.9%	+204.8%

Operating Margin Highs

ESS Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	42.61%	Dec 31, 24	-24.6%
5Y	45.16%	N/A	-28.9%
All	52.92%	Dec 31, 00	-39.3%

Operating Margin Lows

ESS Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	31.47%	Dec 31, 23	+2.0%
5Y	28.25%	Dec 31, 21	+13.7%
All	12.32%	Dec 31, 05	+160.6%

Operating Margin History

Year	Value	Change
2025	32.11%	-24.6%
2024	42.61%	+35.4%
2023	31.47%	-14.1%
2022	36.63%	+29.7%
2021	28.25%	-37.4%
2020	45.16%	+25.1%
2019	36.11%	+13.3%
2018	31.88%	-19.0%
2017	39.35%	+20.5%
2016	32.66%	+5.0%
2015	31.09%	+17.5%
2014	26.46%	+108.3%
2013	12.70%	-9.1%
2012	13.97%	-51.7%
2011	28.90%	+4.9%
2010	27.55%	-12.8%

Year	Value	Change
2009	31.59%	-6.6%
2008	33.84%	-0.9%
2007	34.14%	-6.4%
2006	36.47%	+196.0%
2005	12.32%	-68.4%
2004	38.94%	-12.1%
2003	44.32%	-15.0%
2002	52.14%	-1.0%
2001	52.65%	-0.5%
2000	52.92%	+48.4%
1999	35.67%	+7.6%
1998	33.15%	-32.8%
1997	49.30%	+4.4%
1996	47.22%	+152.1%
1995	18.73%	+30.8%
1994	14.32%	-

FAQ

What is the current annual operating margin of ESS?: As of today, ESS annual operating margin is 32.11%
What is 1-year change in ESS annual operating margin?: ESS annual operating margin is down -24.64% year-over-year
What is 3-year change in ESS annual operating margin?: ESS annual operating margin is down -12.34% over the past 3 years
How far is ESS annual operating margin from its all-time high?: ESS annual operating margin is currently -39.32% below its historical high of 52.92% set on December 31, 2000
How does ESS annual operating margin rank versus sector peers?: ESS annual operating margin is higher than 63.57% of companies in Real Estate sector
When is ESS next annual earnings release?: As of today, the next annual earnings release for ESS has not been scheduled

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

21.95%10.38%-32.11%

June 30, 2026

Summary

Current Value: As of today, ESS quarterly operating margin is 21.95%, down -32.11% on June 30, 2026
Historical Performance: ESS quarterly operating margin is down -33.93% year-over-year, down -33.69% over the past 3 years
All-Time High Comparison: ESS quarterly operating margin is currently -78.05% below its historical high of 100.00% set on December 31, 2002
3-Year Low Comparison: ESS quarterly operating margin is at its 3-year low
Sector Comparison: ESS quarterly operating margin is higher than 46.99% of companies in Real Estate sector

Performance

ESS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Jun 30, 26	21.95%	-32.1%	-33.9%	-33.7%	-26.1%
Annual Operating Margin	Dec 31, 25	32.11%	–	-24.6%	-12.3%	-28.9%
Price	Aug 19, 26	$287.36	+4.5%	+9.7%	+21.6%	-10.1%
PE Ratio	Aug 19, 26	44.72	+44.5%	+112.2%	+55.6%	-13.5%
Quarterly Revenue	Jun 30, 26	$489.05M	+0.9%	+4.1%	+17.6%	+39.3%
Quarterly Operating Profit	Jun 30, 26	$113.45M	-27.6%	-27.3%	-17.6%	+8.8%
Quarterly Gross Margin	Jun 30, 26	36.91%	+2.1%	+1.6%	+3.3%	+22.6%
Quarterly Net Margin	Jun 30, 26	13.69%	-40.9%	-72.2%	-46.1%	-50.2%

Quarterly Operating Margin Highs

ESS Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	33.22%	N/A	-33.9%
3Y	66.55%	Mar 31, 24	-67.0%
5Y	66.72%	Dec 31, 22	-67.1%
All	100.00%	Dec 31, 02	-78.0%

Quarterly Operating Margin Lows

ESS Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	21.95%	Jun 30, 26	at low
3Y	21.95%	Jun 30, 26	at low
5Y	21.95%	Jun 30, 26	at low
All	-277.81%	Dec 31, 97	+107.9%

Quarterly Operating Margin History

Month	Value	Change
Jun 2026	21.95%	-32.1%
Mar 2026	32.33%	+2.3%
Dec 2025	31.61%	+1.0%
Sep 2025	31.29%	-5.8%
Jun 2025	33.22%	-6.1%
Mar 2025	35.36%	-3.8%
Dec 2024	36.75%	-0.9%
Sep 2024	37.08%	+18.0%
Jun 2024	31.43%	-52.8%
Mar 2024	66.55%	+114.1%
Dec 2023	31.09%	+2.8%
Sep 2023	30.25%	-8.6%
Jun 2023	33.10%	+4.8%
Mar 2023	31.57%	-52.7%
Dec 2022	66.72%	+148.6%
Sep 2022	26.84%	-5.5%
Jun 2022	28.40%	-21.0%
Mar 2022	35.93%	+33.1%
Dec 2021	27.00%	-1.3%
Sep 2021	27.35%	-7.9%
Jun 2021	29.70%	+2.3%
Mar 2021	29.03%	+5.2%
Dec 2020	27.60%	-6.6%
Sep 2020	29.55%	+0.3%
Jun 2020	29.45%	-69.1%
Mar 2020	95.40%	+178.5%
Dec 2019	34.26%	+2.7%
Sep 2019	33.36%	-3.1%
Jun 2019	34.43%	-19.2%
Mar 2019	42.60%	+31.2%
Dec 2018	32.48%	-0.3%
Sep 2018	32.58%	-2.3%
Jun 2018	33.33%	+3.8%
Mar 2018	32.11%	-1.8%
Dec 2017	32.69%	-0.4%
Sep 2017	32.81%	-3.0%
Jun 2017	33.82%	-42.2%
Mar 2017	58.52%	+81.7%
Dec 2016	32.21%	-3.3%
Sep 2016	33.32%	+1.0%
Jun 2016	33.00%	+2.8%
Mar 2016	32.09%	+6.9%
Dec 2015	30.01%	+10.0%
Sep 2015	27.27%	-15.4%
Jun 2015	32.23%	-8.5%
Mar 2015	35.21%	+37.2%
Dec 2014	25.67%	+0.7%
Sep 2014	25.49%	+1.3%
Jun 2014	25.17%	-20.2%
Mar 2014	31.56%	+165.0%
Dec 2013	11.91%	-7.2%
Sep 2013	12.84%	+1.7%
Jun 2013	12.62%	-8.2%
Mar 2013	13.74%	+22.2%
Dec 2012	11.24%	+4.4%
Sep 2012	10.77%	-52.9%
Jun 2012	22.89%	+135.3%
Mar 2012	9.73%	-68.4%

Month	Value	Change
Dec 2011	30.80%	+290.4%
Sep 2011	7.89%	+21.6%
Jun 2011	6.49%	+7.1%
Mar 2011	6.06%	-74.3%
Dec 2010	23.59%	+577.9%
Sep 2010	3.48%	-51.1%
Jun 2010	7.11%	-28.4%
Mar 2010	9.93%	-82.9%
Dec 2009	58.18%	+1,857.7%
Sep 2009	-3.31%	-125.5%
Jun 2009	13.00%	-18.5%
Mar 2009	15.95%	-52.9%
Dec 2008	33.88%	+130.6%
Sep 2008	14.69%	+5.8%
Jun 2008	13.89%	-1.3%
Mar 2008	14.08%	-51.7%
Dec 2007	29.13%	+121.2%
Sep 2007	13.17%	-5.3%
Jun 2007	13.91%	-17.2%
Mar 2007	16.79%	-53.2%
Dec 2006	35.85%	-5.6%
Sep 2006	37.96%	+2.7%
Jun 2006	36.97%	+5.7%
Mar 2006	34.98%	-3.0%
Dec 2005	36.08%	+2.2%
Sep 2005	35.30%	+185.4%
Jun 2005	12.37%	-65.0%
Mar 2005	35.37%	-9.6%
Dec 2004	39.14%	+54.3%
Sep 2004	25.37%	-32.7%
Jun 2004	37.70%	+4.8%
Mar 2004	35.98%	-11.2%
Dec 2003	40.54%	-8.2%
Sep 2003	44.17%	-5.2%
Jun 2003	46.61%	+5.4%
Mar 2003	44.24%	-55.8%
Dec 2002	100.00%	+41.5%
Sep 2002	70.65%	+27.2%
Jun 2002	55.53%	+5.0%
Mar 2002	52.88%	+4.9%
Dec 2001	50.41%	-6.1%
Sep 2001	53.70%	+0.1%
Jun 2001	53.64%	+1.4%
Mar 2001	52.89%	-1.0%
Dec 2000	53.40%	+3.4%
Sep 2000	51.63%	-4.1%
Jun 2000	53.86%	+1.9%
Mar 2000	52.84%	+120.5%
Dec 1999	23.96%	-52.7%
Sep 1999	50.69%	+43.4%
Jun 1999	35.35%	+2.5%
Mar 1999	34.49%	+53.4%
Dec 1998	22.48%	-32.8%
Sep 1998	33.47%	+6.0%
Jun 1998	31.58%	-9.0%
Mar 1998	34.69%	+112.5%
Dec 1997	-277.81%	-3.8%
Dec 1996	-267.63%	-

FAQ

What is the current quarterly operating margin of ESS?: As of today, ESS quarterly operating margin is 21.95%
What is ESS quarterly operating margin most recent change?: ESS quarterly operating margin was down -32.11% on June 30, 2026
What is 1-year change in ESS quarterly operating margin?: ESS quarterly operating margin is down -33.93% year-over-year
How far is ESS quarterly operating margin from its all-time high?: ESS quarterly operating margin is currently -78.05% below its historical high of 100.00% set on December 31, 2002
How does ESS quarterly operating margin rank versus sector peers?: ESS quarterly operating margin is higher than 46.99% of companies in Real Estate sector
When is ESS next earnings release?: The next earnings release for ESS is on October 27, 2026

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

ESS Official Website www.essexapartmenthomes.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/920522/000114036126003709/0001140361-26-003709-index.htm
ESS Profile on Yahoo Finance finance.yahoo.com/quote/ESS
ESS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ess