ESS Essex Property Trust, Inc.

Price (delayed)

$202.52

Market cap

$13.21B

P/E Ratio

21.27

Dividend/share

$8.18

EPS

$9.52

Enterprise value

$19.34B

Sector: Real Estate
Industry: REIT - Residential
Essex Property Trust, Inc. operates as a real estate investment trust. It engages in the ownership, operation, management, acquisition, development, and redevelopment of predominantly apartment communities. The company was founded by George M. Marcus in 1971 and is headquartered in San Mateo, CA.

Highlights

ESS's net income has surged by 53% year-on-year
Essex Property Trust's EPS has surged by 53% YoY
Essex Property Trust's debt has increased by 8% YoY but it has decreased by 2.7% from the previous quarter

Key stats

What are the main financial stats of ESS
Market
Shares outstanding
65.21M
Market cap
$13.21B
Enterprise value
$19.34B
Valuations
Price to earnings (P/E)
21.27
Price to book (P/B)
2.15
Price to sales (P/S)
8.8
EV/EBIT
22.84
EV/EBITDA
14.27
EV/Sales
12.85
Earnings
Revenue
$1.51B
EBIT
$846.8M
EBITDA
$1.36B
Free cash flow
$71.66M
Per share
EPS
$9.52
Free cash flow per share
$1.1
Book value per share
$94.26
Revenue per share
$23.01
TBVPS
$201.45
Balance sheet
Total assets
$13.18B
Total liabilities
$6.79B
Debt
$6.4B
Equity
$6.17B
Working capital
N/A
Liquidity
Debt to equity
1.04
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.53
Margins
EBITDA margin
90.1%
Gross margin
69.8%
Net margin
41.7%
Operating margin
31.5%
Efficiency
Return on assets
4.8%
Return on equity
10.1%
Return on invested capital
4.4%
Return on capital employed
N/A
Return on sales
56.3%
Dividend
Dividend yield
4.04%
DPS
$8.18
Payout ratio
86%

ESS stock price

How has the Essex Property Trust stock price performed over time

Financial performance

How have Essex Property Trust's revenue and profit performed over time
Revenue
$1.51B
Gross profit
$1.05B
Operating income
$474.83M
Net income
$627.62M
Gross margin
69.8%
Net margin
41.7%
ESS's net income has surged by 53% year-on-year
Essex Property Trust's net margin has increased by 45% YoY
ESS's operating margin is down by 15% year-on-year and by 5% since the previous quarter
The operating income has decreased by 10% YoY and by 4.3% QoQ

Growth

What is Essex Property Trust's growth rate over time

Valuation

What is Essex Property Trust stock price valuation
P/E
21.27
P/B
2.15
P/S
8.8
EV/EBIT
22.84
EV/EBITDA
14.27
EV/Sales
12.85
Essex Property Trust's EPS has surged by 53% YoY
ESS's price to earnings (P/E) is 50% lower than its 5-year quarterly average of 42.6 and 40% lower than its last 4 quarters average of 35.6
The stock's P/B is 26% below its last 4 quarters average of 2.9 and 20% below its 5-year quarterly average of 2.7
ESS's P/S is 27% lower than its 5-year quarterly average of 12.1 and 27% lower than its last 4 quarters average of 12.1
Essex Property Trust's revenue has increased by 6% YoY

Efficiency

How efficient is Essex Property Trust business performance
The ROE has soared by 53% YoY
The ROA has grown by 45% YoY but it has contracted by 2% from the previous quarter
Essex Property Trust's return on sales has increased by 28% YoY
Essex Property Trust's return on invested capital has increased by 26% YoY but it has decreased by 2.2% QoQ

Dividends

What is ESS's dividend history
DPS
$8.18
Dividend yield
4.04%
Payout ratio
86%
Recent dividends

Financial health

How did Essex Property Trust financials performed over time
The total assets is 94% more than the total liabilities
ESS's total liabilities is up by 8% year-on-year but it is down by 3% since the previous quarter
The total assets has increased by 4% YoY but it has decreased by 2% from the previous quarter
Essex Property Trust's debt is 3.7% more than its equity
Essex Property Trust's debt has increased by 8% YoY but it has decreased by 2.7% from the previous quarter

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