ESS Essex Property Trust Inc

  1. Stocks
  2. Real Estate
  3. NYSE: ESS

Price (delayed)

$203.77

Market cap

$13.15B

P/E Ratio

32.5

Dividend/share

$8.8

EPS

$6.27

Enterprise value

$19.13B

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 27% lower than its last 4 quarters average of 44.8 and 20% lower than its 5-year quarterly average of 41.0
Essex Property Trust's gross profit has increased by 15% YoY and by 3.5% from the previous quarter
Essex Property Trust's EPS has decreased by 17% YoY but it has increased by 14% QoQ
ESS's net income is down by 16% year-on-year but it is up by 13% since the previous quarter
The company's equity fell by 4.6% YoY
Sector: Real Estate
Industry: REIT - Residential
Website: https://www.essexapartmenthomes.com/
Peers: GEO CMCT CPT

Key stats

What are the main financial stats of ESS
Market
Shares outstanding
64.52M
Market cap
$13.15B
Enterprise value
$19.13B
Valuations
Price to earnings (P/E)
32.5
Price to book (P/B)
2.31
Price to sales (P/S)
8.25
EV/EBIT
31.2
EV/EBITDA
16.6
EV/Sales
11.91
Earnings
Revenue
$1.61B
EBIT
$613.11M
EBITDA
$1.15B
Free cash flow
$666.16M
Per share
EPS
$6.27
Free cash flow per share
$10.24
Book value per share
$88.28
Revenue per share
$24.69
TBVPS
$190.12
Balance sheet
Total assets
$12.37B
Total liabilities
$6.45B
Debt
$6.03B
Equity
$5.72B
Working capital
N/A
Liquidity
Debt to equity
1.05
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.19
Margins
EBITDA margin
71.7%
Gross margin
68.4%
Net margin
25.4%
Operating margin
31.2%
Efficiency
Return on assets
3.2%
Return on equity
7%
Return on invested capital
3.3%
Return on capital employed
N/A
Return on sales
38.2%
Dividend
Dividend yield
4.32%
DPS
$8.8
Payout ratio
140.4%

ESS stock price

How has the Essex Property Trust stock price performed over time
Intraday
-1.15%
1 week
-6.01%
1 month
-11.9%
1 year
-39.29%
YTD
-3.85%
QTD
-3.85%

Financial performance

How have Essex Property Trust's revenue and profit performed over time
Revenue
$1.61B
Gross profit
$1.1B
Operating income
$500.81M
Net income
$408.32M
Gross margin
68.4%
Net margin
25.4%
The operating income has increased by 29% YoY and by 7% QoQ
Essex Property Trust's net margin has decreased by 25% YoY but it has increased by 10% from the previous quarter
ESS's operating margin is up by 16% year-on-year and by 4% since the previous quarter
ESS's net income is down by 16% year-on-year but it is up by 13% since the previous quarter

Growth

What is Essex Property Trust's growth rate over time

Valuation

What is Essex Property Trust stock price valuation
P/E
32.5
P/B
2.31
P/S
8.25
EV/EBIT
31.2
EV/EBITDA
16.6
EV/Sales
11.91
ESS's price to earnings (P/E) is 27% lower than its last 4 quarters average of 44.8 and 20% lower than its 5-year quarterly average of 41.0
Essex Property Trust's EPS has decreased by 17% YoY but it has increased by 14% QoQ
The stock's P/B is 22% below its last 4 quarters average of 3.0 and 19% below its 5-year quarterly average of 2.9
The company's equity fell by 4.6% YoY
ESS's P/S is 31% lower than its 5-year quarterly average of 12.1 and 26% lower than its last 4 quarters average of 11.3
Essex Property Trust's revenue has increased by 12% YoY and by 2.8% from the previous quarter

Efficiency

How efficient is Essex Property Trust business performance
Essex Property Trust's return on sales has decreased by 20% YoY but it has increased by 6% QoQ
The ROA has contracted by 16% YoY but it has grown by 14% from the previous quarter
The ROE has grown by 15% from the previous quarter but it has contracted by 15% YoY
Essex Property Trust's return on invested capital has increased by 10% QoQ but it has decreased by 8% YoY

Dividends

What is ESS's dividend history
Dividend details
DPS
$8.8
Dividend yield
4.32%
Payout ratio
140.4%
Recent dividends

Financial health

How did Essex Property Trust financials performed over time
The total assets is 92% more than the total liabilities
ESS's total liabilities is down by 5% year-on-year and by 3.9% since the previous quarter
The total assets has decreased by 4.8% YoY
Essex Property Trust's debt is 5% more than its equity
The company's equity fell by 4.6% YoY
Essex Property Trust's debt has decreased by 5% YoY and by 3.3% from the previous quarter

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