Essex Property Trust, Inc. (ESS)
NYSE: ESS · Real-Time Price · USD
279.83
+3.55 (1.28%)
Jun 23, 2026, 4:00 PM EDT - Market closed

Essex Property Trust Statistics

Total Valuation

ESS has a market cap or net worth of $18.52 billion. The enterprise value is $25.30 billion.

Market Cap18.52B
Enterprise Value 25.30B

Important Dates

The next estimated earnings date is Tuesday, July 28, 2026, after market close.

Earnings Date Jul 28, 2026
Ex-Dividend Date Jun 30, 2026

Share Statistics

ESS has 66.45 million shares outstanding. The number of shares has increased by 0.22% in one year.

Current Share Class 64.26M
Shares Outstanding 66.45M
Shares Change (YoY) +0.22%
Shares Change (QoQ) +0.06%
Owned by Insiders (%) 0.47%
Owned by Institutions (%) 99.39%
Float 63.56M

Valuation Ratios

The trailing PE ratio is 31.35 and the forward PE ratio is 46.65. ESS's PEG ratio is 20.36.

Price/FFO Ratio 17.20
Price/AFFO Ratio n/a
PE Ratio 31.35
Forward PE 46.65
PS Ratio 9.40
Forward PS 9.44
PB Ratio 3.27
P/TBV Ratio 3.40
P/FCF Ratio n/a
P/OCF Ratio 17.11
PEG Ratio 20.36
Financial Ratio History

Enterprise Valuation

EV / Earnings 44.17
EV / Sales 12.87
EV / EBITDA 19.79
EV / EBIT 37.90
EV / FCF n/a

Financial Position

The company has a current ratio of 0.30, with a Debt / Equity ratio of 1.22.

Current Ratio 0.30
Quick Ratio 0.06
Debt / Equity 1.22
Debt / EBITDA 5.33
Debt / FCF n/a
Interest Coverage 2.55

Financial Efficiency

Return on equity (ROE) is 10.56% and return on invested capital (ROIC) is 3.32%.

Return on Equity (ROE) 10.56%
Return on Assets (ROA) 3.17%
Return on Invested Capital (ROIC) 3.32%
Return on Capital Employed (ROCE) 5.57%
Weighted Average Cost of Capital (WACC) 6.84%
Revenue Per Employee $1.16M
Profits Per Employee $339,101
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 -2.00% 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 -2.00%
50-Day Moving Average 269.53
200-Day Moving Average 259.83
Relative Strength Index (RSI) 53.96
Average Volume (20 Days) 469,314

Short Selling Information

The latest short interest is 1.95 million, so 2.94% of the outstanding shares have been sold short.

Short Interest 1.95M
Short Previous Month 1.83M
Short % of Shares Out 2.94%
Short % of Float 3.07%
Short Ratio (days to cover) 3.93

Income Statement

In the last 12 months, ESS had revenue of $1.97 billion and earned $572.74 million in profits. Earnings per share was $8.89.

Revenue1.97B
Gross Profit 1.35B
Operating Income 667.44M
Pretax Income 602.20M
Net Income 572.74M
EBITDA 1.28B
EBIT 667.44M
Earnings Per Share (EPS) $8.89
Full Income Statement

Balance Sheet

The company has $41.71 million in cash and $6.86 billion in debt, with a net cash position of -$6.82 billion or -$102.57 per share.

Cash & Cash Equivalents 41.71M
Total Debt 6.86B
Net Cash -6.82B
Net Cash Per Share -$102.57
Equity (Book Value) 5.63B
Book Value Per Share 84.52
Working Capital -776.42M
Full Balance Sheet

Cash Flow

Operating Cash Flow 1.08B
Capital Expenditures n/a
Depreciation & Amortization 611.15M
Net Borrowing n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 68.88%, with operating and profit margins of 33.95% and 29.13%.

Gross Margin 68.88%
Operating Margin 33.95%
Pretax Margin 30.63%
Profit Margin 29.13%
EBITDA Margin 65.03%
EBIT Margin 33.95%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $10.36, which amounts to a dividend yield of 3.72%.

Dividend Per Share $10.36
Dividend Yield 3.72%
Dividend Growth (YoY) 2.79%
Years of Dividend Growth 1
Payout Ratio 116.08%
Buyback Yield -0.22%
Shareholder Yield 3.50%
Earnings Yield 3.10%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for ESS is $286.85, which is 2.93% higher than the current price. The consensus rating is "Hold".

Price Target $286.85
Price Target Difference 2.93%
Analyst Consensus Hold
Analyst Count 26
Revenue Growth Forecast (3Y) 2.59%
EPS Growth Forecast (3Y) 3.44%
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