Essex Property Trust (ESS) reported third-quarter 2026 core FFO and revenues that missed analyst estimates, primarily due to rising property expenses. While rental revenues increased, higher operating costs, particularly in maintenance, utilities, and real estate taxes, outpaced revenue growth. Despite the challenges, Northern California markets showed strong performance, and the company raised its full-year core FFO guidance.
Original sourceCCINYSEReal Estate
CROWN CASTLE INC
Public company snapshot, recent ticker-linked headlines, and a path into evidence-backed AI research.
Latest price
$88.60
-2.58%
Alpha Vantage · 11/6/2026
Industry: REIT - SpecialtyCategory: Domestic Common Stock Primary ClassCurrency: USDNews: 1 recent
Analyze CCI free One-year price history
Adjusted daily closes · 252 observations · as of Nov 6, 2026
1 month
+28.6%
3 months
+22.1%
6 months
+0.4%
1 year
+6.1%
Year to date
+3.6%
52-week range
$66.12 – $92.17
Fundamental snapshot
Latest reported period: Sep 30, 2026
Market cap
$37.7B
P/E
45.9
P/B
-11
P/S
9.2
Revenue
$4.08B
Net income
$822M
Diluted EPS
1.9
Gross margin
73.70%
Net margin
20.10%
Return on equity
-32.10%
Total debt
$22.92B
Cash
$300M
Free cash flow
$1.73B
Latest eight reported quarters
Reported quarterly values, newest first
| Period | Revenue | Net income | Gross margin | Net margin | Free cash flow |
|---|---|---|---|---|---|
| Sep 30, 2026 | $995M | $283M | 73.80% | 28.40% | -$10M |
| Jun 30, 2026 | $1.01B | $94M | 73.40% | 9.30% | $472M |
| Mar 31, 2026 | $1.01B | $151M | 73.70% | 15.00% | $452M |
| Dec 31, 2025 | $1.07B | $294M | 73.90% | 27.50% | $811M |
| Sep 30, 2025 | $1.07B | $323M | 73.90% | 30.10% | $671M |
| Jun 30, 2025 | $1.06B | $291M | 73.80% | 27.50% | $792M |
| Mar 31, 2025 | $1.06B | -$464M | 74.70% | -43.70% | $601M |
| Dec 31, 2024 | $1.65B | -$4.77B | 71.90% | -289.10% | $601M |
Reported figures can reflect company reporting conventions, restatements, or sector-specific accounting. Verify against filings before relying on a valuation comparison.
Recent CCI news
All market newsYahoo Finance·65 signal
ESS Q3 FFO & Revenues Miss Estimates Amid Rising Property Expenses