Essex Property Trust, Inc.
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership in…
REIT - Residential
US, San Mateo [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 173.00 | 175.00 | 216.00 | 267.00 | 304.00 | 492.00 | 617.00 | 712.00 | 766.00 | 826.00 | 919.00 | 803.00 | 905.00 | 975.00 | 980.00 | |
| Operating Cash (Net) | 173.00 | 175.00 | 216.00 | 267.00 | 304.00 | 492.00 | 617.00 | 712.00 | 766.00 | 826.00 | 919.00 | 803.00 | 905.00 | 975.00 | 980.00 | |
| Accounts Receivable | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Accounts Payable | - - | - - | - - | - - | - - | - - | -9.00 | 1.00 | -15.00 | - - | 29.00 | -10.00 | 22.00 | -17.00 | 5.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -4.00 | 4.00 | 4.00 | 4.00 | -1.00 | 41.00 | -7.00 | -1.00 | -24.00 | - - | 37.00 | -13.00 | 33.00 | -2.00 | -1.00 | |
| Other WC | -4.00 | 4.00 | 4.00 | 4.00 | -1.00 | 41.00 | -7.00 | -1.00 | -24.00 | - - | 7.00 | -2.00 | 11.00 | 14.00 | -6.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -218.00 | -510.00 | -425.00 | -812.00 | -453.00 | -1,147.00 | -725.00 | -421.00 | -477.00 | -59.00 | -527.00 | -416.00 | -397.00 | 145.00 | -145.00 | |
| Capital Expenditure | -192.00 | -486.00 | -33.00 | -38.00 | -40.00 | -78.00 | -57.00 | -60.00 | -70.00 | -81.00 | -101.00 | -90.00 | -121.00 | -163.00 | -140.00 | |
| Purchases of Investments | -120.00 | -49.00 | -8.00 | -73.00 | -16.00 | -20.00 | -14.00 | -18.00 | -67.00 | -37.00 | -46.00 | -83.00 | -23.00 | -18.00 | -20.00 | |
| Sale/Maturity of Investment | 39.00 | 102.00 | 32.00 | 61.00 | 24.00 | 8.00 | 8.00 | 30.00 | 35.00 | 31.00 | 147.00 | 113.00 | 16.00 | 71.00 | 64.00 | |
| Property, Plant, Equipment (P&PE) | -192.00 | -486.00 | -33.00 | -38.00 | -40.00 | -78.00 | -57.00 | -60.00 | -70.00 | -81.00 | -101.00 | -90.00 | -121.00 | -163.00 | -140.00 | |
| Acquisitions (Net) | 38.00 | -30.00 | -262.00 | -358.00 | -183.00 | -787.00 | -212.00 | -183.00 | -293.00 | -162.00 | -402.00 | -114.00 | -306.00 | -163.00 | -37.00 | |
| Other Investing Activities | 15.00 | -45.00 | -154.00 | -403.00 | -236.00 | -268.00 | -450.00 | -189.00 | -80.00 | 190.00 | -124.00 | -242.00 | 37.00 | 419.00 | -10.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -24.00 | -328.00 | -208.00 | -550.00 | -148.00 | -520.00 | -108.00 | -255.00 | -310.00 | -676.00 | -461.00 | -383.00 | -533.00 | -1,137.00 | -477.00 | |
| Debt Repayment | -361.00 | -888.00 | -1,435.00 | -1,371.00 | -218.00 | -279.00 | -1,197.00 | -1,018.00 | -90.00 | -1,152.00 | -2,910.00 | -2,009.00 | -1,762.00 | -1,730.00 | -1,198.00 | |
| Dividends Paid | -117.00 | -123.00 | -138.00 | -156.00 | -180.00 | -260.00 | -367.00 | -411.00 | -450.00 | -484.00 | -528.00 | -536.00 | -542.00 | -565.00 | -586.00 | |
|
Common Stock
|
310 | -967 | 427 | -1,390 | - - | - - | -1,040 | 1,359 | - - | 1,100 | 129 | 2,775 | 1,864 | 209 | 1,538 | |
| Issued | 198.00 | 251.00 | 323.00 | 357.00 | - - | - - | 332.00 | 1,284.00 | - - | 1,047.00 | 72.00 | 2,506.00 | 1,854.00 | 19.00 | 1,442.00 | |
| Repurchased | -111.00 | 1,218.00 | -103.00 | 1,748.00 | - - | - - | 1,372.00 | -75.00 | - - | -52.00 | -56.00 | -269.00 | -9.00 | -190.00 | -96.00 | |
| Other Financing Activities | 415.00 | -130.00 | 1,561.00 | -28.00 | 111.00 | 501.00 | -31.00 | -35.00 | 49.00 | -35.00 | 2,962.00 | -74.00 | -72.00 | 1,329.00 | -37.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 41.00 | 20.00 | 13.00 | 12.00 | 18.00 | 18.00 | 25.00 | 29.00 | 64.00 | 61.00 | 151.00 | 81.00 | 84.00 | 58.00 | 42.00 | |
| End of Period | 20.00 | 13.00 | 12.00 | 18.00 | 18.00 | 25.00 | 29.00 | 64.00 | 44.00 | 151.00 | 81.00 | 84.00 | 58.00 | 42.00 | 400.00 | |
| Change | -21.00 | -6.00 | - - | 5.00 | - - | 6.00 | 4.00 | 35.00 | -20.00 | 90.00 | -70.00 | 2.00 | -25.00 | -15.00 | 357.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 118.00 | 129.00 | 164.00 | 182.00 | 205.00 | 360.00 | 453.00 | 441.00 | 468.00 | 479.00 | 483.00 | 525.00 | 520.00 | 539.00 | 548.00 | |
| Stock Based Compensation | 3.00 | 3.00 | 2.00 | 4.00 | 4.00 | 8.00 | 6.00 | 10.00 | 9.00 | 7.00 | 7.00 | 8.00 | 7.00 | 7.00 | 8.00 | |
| Other | 3.00 | -12.00 | -1.00 | -1.00 | - - | -5.00 | -19.00 | -15.00 | -5.00 | -8.00 | - - | -16.00 | -1.00 | 8.00 | 142.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | -18.00 | -310.00 | 182.00 | 229.00 | 264.00 | 414.00 | 560.00 | 652.00 | 695.00 | 744.00 | 817.00 | 713.00 | 784.00 | 812.00 | 839.00 | |
| Cash Conversion Cycle (CCC) | -194.00 | -146.00 | -70.00 | -134.00 | -143.00 | -91.00 | -99.00 | -22.00 | -102.00 | -107.00 | -101.00 | -25.00 | -50.00 | -102.00 | -25.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | - - | - - | - - | - - | - - | 140.00 | 4.00 | - - | - - | - - | - - | - - | - - | - - | - - |