Essex Property Trust Statistics
Total Valuation
ESS has a market cap or net worth of $19.18 billion. The enterprise value is $25.86 billion.
| Market Cap | 19.18B |
| Enterprise Value | 25.86B |
Important Dates
The last earnings date was Wednesday, July 29, 2026, after market close.
| Earnings Date | Jul 29, 2026 |
| Ex-Dividend Date | Jun 30, 2026 |
Share Statistics
ESS has 66.45 million shares outstanding. The number of shares has increased by 0.10% in one year.
| Current Share Class | 64.27M |
| Shares Outstanding | 66.45M |
| Shares Change (YoY) | +0.10% |
| Shares Change (QoQ) | -0.28% |
| Owned by Insiders (%) | 0.47% |
| Owned by Institutions (%) | 102.57% |
| Float | 63.55M |
Valuation Ratios
The trailing PE ratio is 44.94 and the forward PE ratio is 47.04.
| Price/FFO Ratio | 18.73 |
| Price/AFFO Ratio | n/a |
| PE Ratio | 44.94 |
| Forward PE | 47.04 |
| PS Ratio | 9.71 |
| Forward PS | 9.70 |
| PB Ratio | 3.53 |
| P/TBV Ratio | 3.61 |
| P/FCF Ratio | 33.14 |
| P/OCF Ratio | 17.21 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 21.07, with an EV/FCF ratio of 44.64.
| EV / Earnings | 62.64 |
| EV / Sales | 13.09 |
| EV / EBITDA | 21.07 |
| EV / EBIT | 42.03 |
| EV / FCF | 44.64 |
Financial Position
The company has a current ratio of 0.25, with a Debt / Equity ratio of 1.22.
| Current Ratio | 0.25 |
| Quick Ratio | 0.09 |
| Debt / Equity | 1.22 |
| Debt / EBITDA | 5.45 |
| Debt / FCF | 11.62 |
| Interest Coverage | 2.35 |
Financial Efficiency
Return on equity (ROE) is 7.71% and return on invested capital (ROIC) is 3.09%.
| Return on Equity (ROE) | 7.71% |
| Return on Assets (ROA) | 2.96% |
| Return on Invested Capital (ROIC) | 3.09% |
| Return on Capital Employed (ROCE) | 5.20% |
| Weighted Average Cost of Capital (WACC) | 6.83% |
| Revenue Per Employee | $1.17M |
| Profits Per Employee | $245,022 |
| Employee Count | 1,689 |
| 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 increased by +8.74% in the last 52 weeks. The beta is 0.71, so ESS's price volatility has been lower than the market average.
| Beta (5Y) | 0.71 |
| 52-Week Price Change | +8.74% |
| 50-Day Moving Average | 289.12 |
| 200-Day Moving Average | 266.21 |
| Relative Strength Index (RSI) | 50.80 |
| Average Volume (20 Days) | 393,470 |
Short Selling Information
The latest short interest is 2.23 million, so 3.35% of the outstanding shares have been sold short.
| Short Interest | 2.23M |
| Short Previous Month | 1.79M |
| Short % of Shares Out | 3.35% |
| Short % of Float | 3.51% |
| Short Ratio (days to cover) | 4.45 |
Income Statement
In the last 12 months, ESS had revenue of $1.98 billion and earned $413.84 million in profits. Earnings per share was $6.43.
| Revenue | 1.98B |
| Gross Profit | 1.36B |
| Operating Income | 616.82M |
| Pretax Income | 437.61M |
| Net Income | 413.84M |
| EBITDA | 1.23B |
| EBIT | 616.82M |
| Earnings Per Share (EPS) | $6.43 |
Balance Sheet
The company has $67.53 million in cash and $6.75 billion in debt, with a net cash position of -$6.68 billion or -$100.53 per share.
| Cash & Cash Equivalents | 67.53M |
| Total Debt | 6.75B |
| Net Cash | -6.68B |
| Net Cash Per Share | -$100.53 |
| Equity (Book Value) | 5.51B |
| Book Value Per Share | 82.83 |
| Working Capital | -773.81M |
Cash Flow
In the last 12 months, operating cash flow was $1.12 billion and capital expenditures -$537.37 million, giving a free cash flow of $580.66 million.
| Operating Cash Flow | 1.12B |
| Capital Expenditures | -537.37M |
| Depreciation & Amortization | 613.72M |
| Net Borrowing | n/a |
| Free Cash Flow | 580.66M |
| FCF Per Share | $8.74 |
Margins
Gross margin is 68.77%, with operating and profit margins of 31.14% and 20.89%.
| Gross Margin | 68.77% |
| Operating Margin | 31.14% |
| Pretax Margin | 22.09% |
| Profit Margin | 20.89% |
| EBITDA Margin | 62.12% |
| EBIT Margin | 31.14% |
| FCF Margin | 29.31% |
Dividends & Yields
This stock pays an annual dividend of $10.36, which amounts to a dividend yield of 3.59%.
| Dividend Per Share | $10.36 |
| Dividend Yield | 3.59% |
| Dividend Growth (YoY) | 2.79% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 161.18% |
| Buyback Yield | -0.10% |
| Shareholder Yield | 3.48% |
| Earnings Yield | 2.15% |
| FCF Yield | 3.02% |
Analyst Forecast
The average price target for ESS is $304.15, which is 5.37% higher than the current price. The consensus rating is "Hold".
| Price Target | $304.15 |
| Price Target Difference | 5.37% |
| Analyst Consensus | Hold |
| Analyst Count | 26 |
| Revenue Growth Forecast (3Y) | 2.68% |
| EPS Growth Forecast (3Y) | 5.61% |
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 |