Essex Property Trust Inc.
ESS | NYSE
$264.18
-$1.04 (-0.39%)
At close: Oct 30, 2026, 4:02 PM ET
$266.60
+$2.42 (+0.92%)
Pre-market:
Nov 2, 2026, 7:02 AM ET
Market Data
Market Cap $16.98B
Enterprise Value $16.8B
Beta 0.72
Average Volume 507.76K
Shares Outstanding (Diluted) 64.31M
Shares Change YoY -0.16%
Institutional Ownership N/A
Exchange NYSE
ISIN US2971781057
Price Performance
Price Change 1M -1.9%
Price Change 3M -7.0%
Price Change 6M 0.3%
Price Change YTD 1.0%
Price Change 1Y 4.9%
Price Change 3Y 23.5%
Price Change 5Y -22.3%
1M CAGR (ann.) -1.2%
1Y CAGR (ann.) 11.1%
5Y CAGR (ann.) -1.1%
All-Time CAGR 5.6%
Valuation
PE Ratio 49.01
Forward PE 41.84
PEG Ratio -0.83
Forward PEG -1.04
PS Ratio 8.72
Forward PS 8.40
PB Ratio 3.20
P/FCF Ratio 15.88
P/Adj. FCF Ratio 16.07
P/OCF Ratio 15.08
EV/Sales 8.63
EV/EBIT 26.99
EV/EBITDA 13.58
EV/FCF 15.71
Earnings Yield 2.0%
FCF Yield 6.3%
Adj. FCF Yield 6.2%
Financial Health
Net Cash $182.96M
Total Debt $0
Cash & Short-Term Investments $182.96M
Total Assets $12.82B
Current Ratio 3.97
Quick Ratio 3.97
Debt / Equity Ratio 1.25
Debt / EBITDA 0.00
Debt / FCF 0.00
OCF / Debt N/A
Interest Coverage 2.18
Altman Z-Score 1.71
Piotroski F-Score 7
Margins & Profitability
Gross Profit Margin 68.7%
Operating Profit Margin 29.0%
EBITDA Margin 63.6%
Net Profit Margin 18.0%
FCF Margin 54.9%
Adj. FCF Margin 54.3%
SBC / Revenue 0.7%
SBC Impact (per share) -1.2%
Returns
Return on Assets 2.7%
Return on Equity 6.5%
Return on Invested Capital 263.9%
Return on Capital Employed 4.4%
Return on Tangible Assets 2.7%
Historical Growth (CAGR)
Revenue CAGR 3Y 5.4%
Revenue CAGR 5Y 6.3%
Revenue CAGR 10Y 4.3%
EPS CAGR 3Y -12.9%
EPS CAGR 5Y -4.8%
EPS CAGR 10Y 1.8%
FCF CAGR 3Y 10.5%
FCF CAGR 5Y 7.6%
FCF CAGR 10Y 5.0%
Analyst Forecasts
Analyst Rating Hold
Analyst Count 18
EPS Growth Next 3Y 15.3%
Revenue Growth Next 3Y 3.5%
Earnings Date Feb 3, 2027
EPS Estimate (next Q) $1.49
EPS Growth Est (next Q) 19.2%
Revenue Est (next Q) $494.08M
Revenue Growth Est (next Q) 3.5%
Fair Value Estimates
Graham Number $101.72
Graham Upside -61.5%
Lynch Fair Value $26.95
Lynch Upside -89.8%
Price Target $300.73
Price Target Upside 13.8%
Cash Flow
Operating Cash Flow $1.11B
Free Cash Flow $1.07B
Adj. Free Cash Flow $1.06B
FCF Per Share $16.35
OCF Per Share $17.52
OCF/S Ratio 57.9%
Income Statement
Revenue $1.95B
Gross Profit $1.34B
Operating Income $565.22M
EBITDA $1.24B
Net Income $350.11M
EPS (Diluted) $5.39
Revenue / Employee $1.15M
Profit / Employee $207.41K
Employees 1,688
Dividends
Annual Dividend $10.34
Dividend Yield 3.91%
Payout Ratio 191.8%
FCF Payout Ratio 77.6%
Adj. FCF Payout Ratio 78.6%
Dividend Growth (YoY) 1.8%
Pay Frequency Quarterly
Ex-Dividend Date Sep 30, 2026
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