ESS
Essex Property Trust, Inc.
$276.70
+2.90
(+1.06%)
Mkt Cap
17.78B
Volume
239,667
52W Range
238.46-294.09
Sector
Real Estate
Beta
0.73
EPS (TTM)
8.90
P/E Ratio
31.09
Revenue (TTM)
1.91B
Rev Growth (5Y)
+4.9%
EPS Growth (5Y)
+3.7%
AlphaVal · Fair Value
$356.81
Fair Value · Moderate
22.5% below fair value
AlphaQuality · Grade
B-
Real Estate Investment Trust
68.0 / 100 composite
Company Description
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.90B | 1.77B | 1.67B | 1.61B | 1.44B | 1.50B | 1.46B | 1.40B | 1.36B | 1.29B | 1.19B | 970.94M |
| Net Income | 672.49M | 741.52M | 405.82M | 408.31M | 488.55M | 568.87M | 439.29M | 390.15M | 433.06M | 414.98M | 232.12M | 122.15M |
| EPS | 10.41 | 11.55 | 6.32 | 6.27 | 7.51 | 8.69 | 6.67 | 5.91 | 6.58 | 6.28 | 3.50 | 2.07 |
| Free Cash Flow | 1.07B | 931.91M | 839.69M | 812.46M | 784.06M | 713.02M | 817.39M | 744.87M | 695.16M | 652.51M | N/A | N/A |
| FCF / Share | 16.67 | 14.51 | 13.07 | 12.48 | 12.05 | 10.89 | 12.41 | 11.28 | 10.56 | 9.97 | N/A | N/A |
| Operating CF | 1.07B | 1.07B | 980.06M | 975.65M | 905.26M | 803.11M | 919.08M | 826.55M | 766.15M | 712.52M | N/A | N/A |
| Total Assets | 13.16B | 12.93B | 12.36B | 12.37B | 13.00B | 12.94B | 12.71B | 12.38B | 12.50B | 12.22B | N/A | N/A |
| Total Debt | 6.90B | 6.65B | 6.27B | 6.03B | 6.36B | 6.33B | 5.89B | 5.61B | 5.69B | 5.56B | N/A | N/A |
| Cash & Equiv | 85.59M | 66.80M | 391.75M | 33.30M | 48.42M | 73.63M | 70.09M | 134.47M | 44.62M | 64.92M | N/A | N/A |
| Book Value | 5.54B | 5.54B | 5.42B | 5.72B | 5.99B | 6.00B | 6.22B | 6.27B | 6.28B | 6.19B | N/A | N/A |
| Return on Equity | 0.12 | 0.13 | 0.07 | 0.07 | 0.08 | 0.09 | 0.07 | 0.06 | 0.07 | 0.07 | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 484.76M | 479.63M | 473.30M | 469.83M | 477.79M | 454.47M | 462.35M | 442.36M | 439.29M | 421.75M | 419.18M | 416.04M |
| Net Income | 106.19M | 83.39M | 164.62M | 221.36M | 203.11M | 257.45M | 118.42M | 92.91M | 272.73M | 65.39M | 87.28M | 99.62M |
| EPS | 1.65 | 1.25 | 2.56 | 3.44 | 3.16 | 4.01 | 1.84 | 1.45 | 4.25 | 1.02 | 1.36 | 1.55 |
| Free Cash Flow | 244.38M | 234.20M | 306.23M | 179.59M | 253.59M | 179.46M | 279.65M | 184.33M | 288.47M | 157.61M | 249.78M | 176.47M |
| FCF / Share | 3.79 | 3.63 | 4.75 | 2.79 | 3.94 | 2.79 | 4.35 | 2.87 | 4.49 | 2.46 | 3.89 | 2.75 |
| Operating CF | 287.17M | 234.20M | 342.59M | 216.13M | 281.50M | 218.32M | 316.20M | 218.93M | 314.86M | 203.67M | 288.06M | 211.41M |
| Total Assets | 13.10B | 13.16B | 13.15B | 13.18B | 13.19B | 12.93B | 12.65B | 12.51B | 12.89B | 12.36B | 12.50B | 12.25B |
| Total Debt | 6.86B | 6.90B | 6.71B | 6.81B | 6.84B | 6.65B | 6.42B | 6.34B | 6.62B | 6.27B | 6.27B | 6.01B |
| Cash & Equiv | 47.41M | 85.59M | 65.96M | 58.68M | 98.73M | 66.80M | 71.29M | 55.22M | 499.04M | 391.75M | 391.99M | 60.95M |
| Book Value | 5.44B | 5.54B | 5.63B | 5.64B | 5.57B | 5.54B | 5.43B | 5.48B | 5.55B | 5.42B | 5.53B | 5.59B |
| Return on Equity | 0.02 | 0.02 | 0.03 | 0.04 | 0.04 | 0.05 | 0.02 | 0.02 | 0.05 | 0.01 | 0.02 | 0.02 |
ESS News
Essex Property Trust Declares Quarterly Distributions
ESS to Attend Sidoti Micro-Cap Virtual Conference on May 20, 2026
ESS Highlights Third-Party Utility Validating Iron Flow Battery Technology
Essex Property Trust: A Dividend Aristocrat Benefiting From The AI Housing Boom
ESS Announces Successful Commissioning of Long-Duration Iron Flow Battery Systems at Turlock Irrigation District Solar-Over-Canal Project
Here Are Monday’s Top Wall Street Analyst Research Calls: Advanced Micro Devices, Airbnb, Alphabet, Check Point Software, GlobalFoundries, Internatioinal Paper, Trade Desk, and More
REITs Excel, Earnings Swell, Fed Rebels
UDR Q1 FFOA Matches Estimates on Steady Occupancy, Revenues Miss
INVH Q1 FFO Meets Estimates as Revenues Top on Homebuilding
Essex Property Trust Inc (ESS) Q1 2026 Earnings Call Highlights: Strong Performance Amidst Economic Uncertainty