Essex Property Trust, Inc. (ESS)
NYSE: ESS · Real-Time Price · USD
255.06
+2.87 (1.14%)
Apr 23, 2026, 4:00 PM EDT - Market closed

Essex Property Trust Statistics

Total Valuation

ESS has a market cap or net worth of $17.02 billion. The enterprise value is $23.79 billion.

Market Cap17.02B
Enterprise Value 23.79B

Important Dates

The next confirmed earnings date is Tuesday, April 28, 2026, after market close.

Earnings Date Apr 28, 2026
Ex-Dividend Date Mar 31, 2026

Share Statistics

ESS has 66.73 million shares outstanding. The number of shares has increased by 0.23% in one year.

Current Share Class 64.48M
Shares Outstanding 66.73M
Shares Change (YoY) +0.23%
Shares Change (QoQ) +0.00%
Owned by Insiders (%) 0.46%
Owned by Institutions (%) 101.03%
Float 63.80M

Valuation Ratios

The trailing PE ratio is 24.53 and the forward PE ratio is 43.47. ESS's PEG ratio is 21.80.

Price/FFO Ratio 15.96
Price/AFFO Ratio n/a
PE Ratio 24.53
Forward PE 43.47
PS Ratio 8.79
Forward PS 8.61
PB Ratio 2.97
P/TBV Ratio 3.08
P/FCF Ratio n/a
P/OCF Ratio 15.84
PEG Ratio 21.80
Financial Ratio History

Enterprise Valuation

EV / Earnings 35.53
EV / Sales 12.29
EV / EBITDA 18.95
EV / EBIT 36.72
EV / FCF n/a

Financial Position

The company has a current ratio of 0.15, with a Debt / Equity ratio of 1.19.

Current Ratio 0.15
Quick Ratio 0.05
Debt / Equity 1.19
Debt / EBITDA 5.42
Debt / FCF n/a
Interest Coverage 2.51

Financial Efficiency

Return on equity (ROE) is 12.23% and return on invested capital (ROIC) is 3.24%.

Return on Equity (ROE) 12.23%
Return on Assets (ROA) 3.10%
Return on Invested Capital (ROIC) 3.24%
Return on Capital Employed (ROCE) 5.78%
Weighted Average Cost of Capital (WACC) 6.73%
Revenue Per Employee $1.15M
Profits Per Employee $396,487
Employee Count1,689
Asset Turnover 0.15
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -7.71% in the last 52 weeks. The beta is 0.73, so ESS's price volatility has been lower than the market average.

Beta (5Y) 0.73
52-Week Price Change -7.71%
50-Day Moving Average 251.16
200-Day Moving Average 259.20
Relative Strength Index (RSI) 56.74
Average Volume (20 Days) 410,086

Short Selling Information

The latest short interest is 1.86 million, so 2.78% of the outstanding shares have been sold short.

Short Interest 1.86M
Short Previous Month 1.78M
Short % of Shares Out 2.78%
Short % of Float 2.91%
Short Ratio (days to cover) 3.64

Income Statement

In the last 12 months, ESS had revenue of $1.94 billion and earned $669.67 million in profits. Earnings per share was $10.40.

Revenue1.94B
Gross Profit 1.33B
Operating Income 647.89M
Pretax Income 702.77M
Net Income 669.67M
EBITDA 1.26B
EBIT 647.89M
Earnings Per Share (EPS) $10.40
Full Income Statement

Balance Sheet

The company has $78.24 million in cash and $6.85 billion in debt, with a net cash position of -$6.77 billion or -$101.51 per share.

Cash & Cash Equivalents 78.24M
Total Debt 6.85B
Net Cash -6.77B
Net Cash Per Share -$101.51
Equity (Book Value) 5.74B
Book Value Per Share 85.99
Working Capital -1.66B
Full Balance Sheet

Cash Flow

Operating Cash Flow 1.07B
Capital Expenditures n/a
Depreciation & Amortization 607.54M
Net Borrowing n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 68.58%, with operating and profit margins of 33.48% and 34.60%.

Gross Margin 68.58%
Operating Margin 33.48%
Pretax Margin 36.31%
Profit Margin 34.60%
EBITDA Margin 64.87%
EBIT Margin 33.48%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $10.28, which amounts to a dividend yield of 4.08%.

Dividend Per Share $10.28
Dividend Yield 4.08%
Dividend Growth (YoY) 3.83%
Years of Dividend Growth 1
Payout Ratio 99.04%
Buyback Yield -0.23%
Shareholder Yield 3.80%
Earnings Yield 3.93%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for ESS is $281.43, which is 10.34% higher than the current price. The consensus rating is "Hold".

Price Target $281.43
Price Target Difference 10.34%
Analyst Consensus Hold
Analyst Count 16
Revenue Growth Forecast (5Y) 2.62%
EPS Growth Forecast (5Y) -1.66%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 5