Essex Property Trust, Inc. (ESS)
NYSE: ESS · Real-Time Price · USD
277.57
+0.64 (0.23%)
Jun 2, 2026, 4:00 PM EDT - Market closed

Essex Property Trust Statistics

Total Valuation

ESS has a market cap or net worth of $18.44 billion. The enterprise value is $25.26 billion.

Market Cap18.44B
Enterprise Value 25.26B

Important Dates

The last earnings date was Tuesday, April 28, 2026, after market close.

Earnings Date Apr 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 (%) 99.43%
Float 63.56M

Valuation Ratios

The trailing PE ratio is 31.22 and the forward PE ratio is 46.81. ESS's PEG ratio is 22.33.

Price/FFO Ratio 17.16
Price/AFFO Ratio n/a
PE Ratio 31.22
Forward PE 46.81
PS Ratio 9.38
Forward PS 9.43
PB Ratio 3.28
P/TBV Ratio 3.39
P/FCF Ratio n/a
P/OCF Ratio 17.08
PEG Ratio 22.33
Financial Ratio History

Enterprise Valuation

EV / Earnings 44.10
EV / Sales 12.85
EV / EBITDA 19.76
EV / EBIT 37.84
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 -2.23% 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 -2.23%
50-Day Moving Average 259.65
200-Day Moving Average 258.64
Relative Strength Index (RSI) 64.49
Average Volume (20 Days) 472,963

Short Selling Information

The latest short interest is 1.82 million, so 2.74% of the outstanding shares have been sold short.

Short Interest 1.82M
Short Previous Month 1.76M
Short % of Shares Out 2.74%
Short % of Float 2.86%
Short Ratio (days to cover) 3.91

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 3.73%.

Dividend Per Share $10.36
Dividend Yield 3.73%
Dividend Growth (YoY) 2.79%
Years of Dividend Growth 1
Payout Ratio 116.08%
Buyback Yield -0.22%
Shareholder Yield 3.51%
Earnings Yield 3.11%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for ESS is $284.59, which is 2.53% higher than the current price. The consensus rating is "Hold".

Price Target $284.59
Price Target Difference 2.53%
Analyst Consensus Hold
Analyst Count 26
Revenue Growth Forecast (3Y) 2.49%
EPS Growth Forecast (3Y) -15.46%
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