Essex Property Trust Statistics
Total Valuation
ESS has a market cap or net worth of $20.02 billion. The enterprise value is $25.89 billion.
Important Dates
The last earnings date was Tuesday, October 29, 2024, after market close.
| Earnings Date | Oct 29, 2024 |
| Ex-Dividend Date | Sep 30, 2024 |
Share Statistics
ESS has 66.60 million shares outstanding. The number of shares has decreased by -0.25% in one year.
| Current Share Class | 64.27M |
| Shares Outstanding | 66.60M |
| Shares Change (YoY) | -0.25% |
| Shares Change (QoQ) | +0.07% |
| Owned by Insiders (%) | 0.51% |
| Owned by Institutions (%) | 97.88% |
| Float | 63.59M |
Valuation Ratios
The trailing PE ratio is 35.13 and the forward PE ratio is 51.52. ESS's PEG ratio is 13.71.
| Price/FFO Ratio | n/a |
| Price/AFFO Ratio | n/a |
| PE Ratio | 35.13 |
| Forward PE | 51.52 |
| PS Ratio | 11.01 |
| Forward PS | 11.11 |
| PB Ratio | 3.56 |
| P/TBV Ratio | 3.68 |
| P/FCF Ratio | 19.00 |
| P/OCF Ratio | 19.00 |
| PEG Ratio | 13.71 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 23.34, with an EV/FCF ratio of 24.58.
| EV / Earnings | 47.13 |
| EV / Sales | 14.78 |
| EV / EBITDA | 23.34 |
| EV / EBIT | 47.98 |
| EV / FCF | 24.58 |
Financial Position
The company has a current ratio of 0.83, with a Debt / Equity ratio of 1.13.
| Current Ratio | 0.83 |
| Quick Ratio | 0.20 |
| Debt / Equity | 1.13 |
| Debt / EBITDA | 5.74 |
| Debt / FCF | 6.09 |
| Interest Coverage | 2.35 |
Financial Efficiency
Return on equity (ROE) is 10.18% and return on invested capital (ROIC) is 2.80%.
| Return on Equity (ROE) | 10.18% |
| Return on Assets (ROA) | 2.68% |
| Return on Capital (ROIC) | 2.80% |
| Revenue Per Employee | $1.00M |
| Profits Per Employee | $313,977 |
| Employee Count | 1,750 |
| Asset Turnover | 0.14 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +42.45% in the last 52 weeks. The beta is 0.90, so ESS's price volatility has been lower than the market average.
| Beta (5Y) | 0.90 |
| 52-Week Price Change | +42.45% |
| 50-Day Moving Average | 297.46 |
| 200-Day Moving Average | 270.68 |
| Relative Strength Index (RSI) | 53.33 |
| Average Volume (20 Days) | 360,626 |
Short Selling Information
The latest short interest is 1.03 million, so 1.55% of the outstanding shares have been sold short.
| Short Interest | 1.03M |
| Short Previous Month | 869,119 |
| Short % of Shares Out | 1.55% |
| Short % of Float | 1.62% |
| Short Ratio (days to cover) | 2.98 |
Income Statement
In the last 12 months, ESS had revenue of $1.75 billion and earned $549.46 million in profits. Earnings per share was $8.56.
| Revenue | 1.75B |
| Gross Profit | 1.20B |
| Operating Income | 539.65M |
| Pretax Income | 518.32M |
| Net Income | 549.46M |
| EBITDA | 1.11B |
| EBIT | 539.65M |
| Earnings Per Share (EPS) | $8.56 |
Full Income StatementBalance Sheet
The company has $72.39 million in cash and $6.42 billion in debt, giving a net cash position of -$6.35 billion or -$95.30 per share.
| Cash & Cash Equivalents | 72.39M |
| Total Debt | 6.42B |
| Net Cash | -6.35B |
| Net Cash Per Share | -$95.30 |
| Equity (Book Value) | 5.66B |
| Book Value Per Share | 84.55 |
| Working Capital | -90.01M |
Full Balance SheetCash Flow
| Operating Cash Flow | 1.05B |
| Capital Expenditures | n/a |
| Free Cash Flow | 1.05B |
| FCF Per Share | $15.82 |
Full Cash Flow StatementMargins
Gross margin is 68.28%, with operating and profit margins of 30.79% and 31.35%.
| Gross Margin | 68.28% |
| Operating Margin | 30.79% |
| Pretax Margin | 33.09% |
| Profit Margin | 31.35% |
| EBITDA Margin | 63.31% |
| EBIT Margin | 30.79% |
| FCF Margin | 19.22% |