Price (delayed)
$298.21
Market cap
$19.15B
P/E Ratio
36.91
Dividend/share
$9.52
EPS
$8.08
Enterprise value
$25.42B
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
Essex Property Trust's gross profit has increased by 2.9% YoY
Essex Property Trust's revenue has increased by 3.4% YoY
Essex Property Trust's debt has increased by 5% YoY but it has decreased by 4.2% from the previous quarter
ESS's price to earnings (P/E) is 15% higher than its last 4 quarters average of 32.2
ESS's net income is down by 2.4% year-on-year
Key stats
What are the main financial stats of ESS
Market
Valuations
Earnings
Shares outstanding
64.22M
Market cap
$19.15B
Enterprise value
$25.42B
Price to earnings (P/E)
36.91
Price to book (P/B)
3.49
Price to sales (P/S)
11.2
EV/EBIT
34.23
EV/EBITDA
19.51
EV/Sales
14.87
Revenue
$1.71B
EBIT
$742.63M
EBITDA
$1.3B
Free cash flow
$328.64M
Per share
Balance sheet
Liquidity
EPS
$8.08
Free cash flow per share
$5.12
Book value per share
$85.37
Revenue per share
$26.63
TBVPS
$194.82
Total assets
$12.51B
Total liabilities
$6.82B
Debt
$6.34B
Equity
$5.48B
Working capital
N/A
Debt to equity
1.16
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.81
Margins
Efficiency
Dividend
EBITDA margin
76.2%
Gross margin
68.2%
Net margin
30.3%
Operating margin
31.1%
Return on assets
4.1%
Return on equity
9.4%
Return on invested capital
4%
Return on capital employed
N/A
Return on sales
43.4%
Dividend yield
3.19%
DPS
$9.52
Payout ratio
117.8%
ESS stock price
How has the Essex Property Trust stock price performed over time
Intraday
-1.26%
1 week
-1.19%
1 month
6.36%
1 year
26.14%
YTD
20.28%
QTD
9.56%
Financial performance
How have Essex Property Trust's revenue and profit performed over time
Revenue
$1.71B
Gross profit
$1.17B
Operating income
$531.93M
Net income
$518.32M
Gross margin
68.2%
Net margin
30.3%
Essex Property Trust's net margin has decreased by 6% YoY and by 2.9% from the previous quarter
Essex Property Trust's gross profit has increased by 2.9% YoY
Essex Property Trust's revenue has increased by 3.4% YoY
ESS's net income is down by 2.4% year-on-year
Growth
What is Essex Property Trust's growth rate over time
Valuation
What is Essex Property Trust stock price valuation
P/E
36.91
P/B
3.49
P/S
11.2
EV/EBIT
34.23
EV/EBITDA
19.51
EV/Sales
14.87
ESS's price to earnings (P/E) is 15% higher than its last 4 quarters average of 32.2
The stock's P/B is 20% above its 5-year quarterly average of 2.9 and 20% above its last 4 quarters average of 2.9
ESS's P/S is 20% higher than its last 4 quarters average of 9.3
Essex Property Trust's revenue has increased by 3.4% YoY
Efficiency
How efficient is Essex Property Trust business performance
The ROA has contracted by 4.7% YoY and by 2.4% from the previous quarter
Essex Property Trust's return on sales has decreased by 2.9% YoY
Dividends
What is ESS's dividend history
DPS
$9.52
Dividend yield
3.19%
Payout ratio
117.8%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Essex Property Trust financials performed over time
The total assets is 83% more than the total liabilities
ESS's total liabilities is up by 6% year-on-year but it is down by 4.3% since the previous quarter
The total assets has decreased by 2.9% from the previous quarter but it has increased by 2.2% YoY
Essex Property Trust's debt is 16% more than its equity
The debt to equity has increased by 7% YoY but it has decreased by 2.5% from the previous quarter
Essex Property Trust's debt has increased by 5% YoY but it has decreased by 4.2% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.