The company said diluted Net Income per share for Q4 2025 fell to $1.25 from $4.00 a year earlier, and Core FFO rose 1.5% to $3.98 from $3.92 a year earlier. Full-year Core FFO was $15.94, up 2.2% from $15.60.

1. 01

   The company said diluted Net Income per share for Q4 2025 fell to $1.25 from $4.00 a year earlier, and Core FFO rose 1.5% to $3.98 from $3.92 a year earlier. Full-year Core FFO was $15.94, up 2.2% from $15.60.

2. 02

   Essex said same-property revenue and NOI each grew 3.8% year over year in Q4 2025. For the full year, it said revenue grew 3.3% and NOI grew 3.2%. The company said annual growth rates were above the midpoint of its original outlook range.

3. 03

   In 2025, the company acquired 7 apartment communities for a total contract price of $829.4 million and disposed of 5 for a total pro rata contract price of $563.8 million, it said. As of December 31, 2025, immediately available liquidity was over $1.7 billion.

4. 04

   The company set its full-year 2026 Core FFO guidance at $15.69 to $16.19 per diluted share, with a midpoint of $15.94. In the same outlook, Net Income is $5.55 to $6.05 per share, and Total FFO is $15.54 to $16.04.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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