ESS Essex Property Trust Inc

Price (delayed)

$242.62

Market cap

$15.82B

P/E Ratio

26.54

Dividend/share

$8.31

EPS

$9.14

Enterprise value

$21.94B

Sector: Real Estate
Industry: REIT - Residential

Essex Property Trust is a publicly traded real estate investment trust that invests in apartments, primarily on the West Coast of the United States. As of December 31, 2019, the ...

Highlights

ESS's price to earnings (P/E) is 34% lower than its 5-year quarterly average of 40.2 and 7% lower than its last 4 quarters average of 28.5
Essex Property Trust's revenue has increased by 4.9% YoY
ESS's net income is up by 41% year-on-year but it is down by 4.1% since the previous quarter
Essex Property Trust's EPS has increased by 40% YoY but it has decreased by 4% QoQ
Essex Property Trust's debt has increased by 9% YoY and by 4.5% from the previous quarter
The company's equity fell by 2.3% YoY

Key stats

What are the main financial stats of ESS
Market
Shares outstanding
65.2M
Market cap
$15.82B
Enterprise value
$21.94B
Valuations
Price to earnings (P/E)
26.54
Price to book (P/B)
2.6
Price to sales (P/S)
10.49
EV/EBIT
26.7
EV/EBITDA
16.37
EV/Sales
14.54
Earnings
Revenue
$1.51B
EBIT
$821.66M
EBITDA
$1.34B
Free cash flow
$94.41M
Per share
EPS
$9.14
Free cash flow per share
$1.45
Book value per share
$93.28
Revenue per share
$23.13
TBVPS
$205.43
Balance sheet
Total assets
$13.4B
Total liabilities
$7.1B
Debt
$6.69B
Equity
$6.08B
Working capital
N/A
Liquidity
Debt to equity
1.1
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.56
Margins
EBITDA margin
88.8%
Gross margin
69.2%
Net margin
39.9%
Operating margin
30.3%
Efficiency
Return on assets
4.6%
Return on equity
9.7%
Return on invested capital
4.3%
Return on capital employed
N/A
Return on sales
54.4%
Dividend
Dividend yield
3.43%
DPS
$8.31
Payout ratio
90.9%

ESS stock price

How has the Essex Property Trust stock price performed over time
Intraday
-0.34%
1 week
0.87%
1 month
3.57%
1 year
-21.6%
YTD
2.19%
QTD
2.19%

Financial performance

How have Essex Property Trust's revenue and profit performed over time
Revenue
$1.51B
Gross profit
$1.04B
Operating income
$457.08M
Net income
$601.94M
Gross margin
69.2%
Net margin
39.9%
ESS's net income is up by 41% year-on-year but it is down by 4.1% since the previous quarter
Essex Property Trust's net margin has increased by 34% YoY but it has decreased by 4.3% from the previous quarter
ESS's operating margin is down by 19% year-on-year and by 3.8% since the previous quarter
The operating income has decreased by 15% YoY and by 3.7% QoQ

Growth

What is Essex Property Trust's growth rate over time

Valuation

What is Essex Property Trust stock price valuation
P/E
26.54
P/B
2.6
P/S
10.49
EV/EBIT
26.7
EV/EBITDA
16.37
EV/Sales
14.54
Essex Property Trust's EPS has increased by 40% YoY but it has decreased by 4% QoQ
ESS's price to earnings (P/E) is 34% lower than its 5-year quarterly average of 40.2 and 7% lower than its last 4 quarters average of 28.5
The stock's P/B is 4% above its last 4 quarters average of 2.5
The company's equity fell by 2.3% YoY
ESS's P/S is 12% lower than its 5-year quarterly average of 11.9
Essex Property Trust's revenue has increased by 4.9% YoY

Efficiency

How efficient is Essex Property Trust business performance
The ROE has grown by 41% YoY but it has contracted by 4% from the previous quarter
The ROA has grown by 35% YoY but it has contracted by 4.2% from the previous quarter
Essex Property Trust's return on invested capital has increased by 23% YoY but it has decreased by 2.3% QoQ
Essex Property Trust's return on sales has increased by 21% YoY but it has decreased by 3.4% QoQ

Dividends

What is ESS's dividend history
DPS
$8.31
Dividend yield
3.43%
Payout ratio
90.9%
Recent dividends

Financial health

How did Essex Property Trust financials performed over time
The total assets is 89% more than the total liabilities
ESS's total liabilities is up by 9% year-on-year and by 4.6% since the previous quarter
Essex Property Trust's debt is 10% more than its equity
The debt to equity has increased by 12% YoY and by 6% from the previous quarter
Essex Property Trust's debt has increased by 9% YoY and by 4.5% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.