Essex Property Trust, Inc. (ESS)
NYSE: ESS · Real-Time Price · USD
285.62
-2.42 (-0.84%)
Aug 6, 2026, 12:49 PM EDT - Market open

Essex Property Trust Statistics

Total Valuation

ESS has a market cap or net worth of $18.98 billion. The enterprise value is $25.76 billion.

Market Cap18.98B
Enterprise Value 25.76B

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 (%) 100.21%
Float 63.56M

Valuation Ratios

The trailing PE ratio is 44.40 and the forward PE ratio is 47.16. ESS's PEG ratio is 28.23.

Price/FFO Ratio 18.56
Price/AFFO Ratio n/a
PE Ratio 44.40
Forward PE 47.16
PS Ratio 9.63
Forward PS 9.64
PB Ratio 3.48
P/TBV Ratio 3.58
P/FCF Ratio n/a
P/OCF Ratio 17.06
PEG Ratio 28.23
Financial Ratio History

Enterprise Valuation

EV / Earnings 62.24
EV / Sales 13.00
EV / EBITDA 21.89
EV / EBIT 45.76
EV / FCF n/a

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 5.74
Debt / FCF n/a
Interest Coverage 2.14

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) 4.74%
Weighted Average Cost of Capital (WACC) 6.82%
Revenue Per Employee $1.17M
Profits Per Employee $245,022
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 increased by +11.34% 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 +11.34%
50-Day Moving Average 287.36
200-Day Moving Average 264.19
Relative Strength Index (RSI) 46.12
Average Volume (20 Days) 460,309

Short Selling Information

The latest short interest is 2.03 million, so 3.05% of the outstanding shares have been sold short.

Short Interest 2.03M
Short Previous Month 1.66M
Short % of Shares Out 3.05%
Short % of Float 3.19%
Short Ratio (days to cover) 4.12

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.

Revenue1.98B
Gross Profit 1.36B
Operating Income 616.82M
Pretax Income 437.61M
Net Income 413.84M
EBITDA 1.18B
EBIT 562.81M
Earnings Per Share (EPS) $6.43
Full Income Statement

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
Full Balance Sheet

Cash Flow

Operating Cash Flow 1.12B
Capital Expenditures n/a
Depreciation & Amortization 613.72M
Net Borrowing n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

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 61.06%
EBIT Margin 29.21%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $10.36, which amounts to a dividend yield of 3.63%.

Dividend Per Share $10.36
Dividend Yield 3.63%
Dividend Growth (YoY) 2.79%
Years of Dividend Growth 1
Payout Ratio 161.18%
Buyback Yield -0.10%
Shareholder Yield 3.51%
Earnings Yield 2.17%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for ESS is $302.59, which is 5.94% higher than the current price. The consensus rating is "Hold".

Price Target $302.59
Price Target Difference 5.94%
Analyst Consensus Hold
Analyst Count 26
Revenue Growth Forecast (3Y) 2.63%
EPS Growth Forecast (3Y) 5.61%
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