ESS Essex Property Trust Inc

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

Price (delayed)

$246.98

Market cap

$15.86B

P/E Ratio

39.08

Dividend/share

$9.38

EPS

$6.32

Enterprise value

$21.73B

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 3.6% YoY
Essex Property Trust's revenue has increased by 3.9% YoY
ESS's price to earnings (P/E) is 29% higher than its last 4 quarters average of 30.4 and 2.9% higher than its 5-year quarterly average of 38.0
ESS's net income is down by 23% since the previous quarter
Sector: Real Estate
Industry: REIT - Residential
Website: https://www.essexapartmenthomes.com/
Peers: AGNC LTC CMCT GEO

Key stats

What are the main financial stats of ESS
Market
Shares outstanding
64.2M
Market cap
$15.86B
Enterprise value
$21.73B
Valuations
Price to earnings (P/E)
39.08
Price to book (P/B)
2.92
Price to sales (P/S)
9.51
EV/EBIT
35.12
EV/EBITDA
18.62
EV/Sales
13.02
Earnings
Revenue
$1.67B
EBIT
$618.73M
EBITDA
$1.17B
Free cash flow
$734.15M
Per share
EPS
$6.32
Free cash flow per share
$11.43
Book value per share
$84.49
Revenue per share
$25.98
TBVPS
$192.39
Balance sheet
Total assets
$12.36B
Total liabilities
$6.74B
Debt
$6.27B
Equity
$5.42B
Working capital
N/A
Liquidity
Debt to equity
1.16
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.03
Margins
EBITDA margin
69.9%
Gross margin
68.2%
Net margin
24.3%
Operating margin
31.5%
Efficiency
Return on assets
3.3%
Return on equity
7.3%
Return on invested capital
3.4%
Return on capital employed
N/A
Return on sales
37.1%
Dividend
Dividend yield
3.8%
DPS
$9.38
Payout ratio
148.4%

ESS stock price

How has the Essex Property Trust stock price performed over time
Intraday
-0.09%
1 week
5.02%
1 month
3.89%
1 year
19.9%
YTD
-0.39%
QTD
0.89%

Financial performance

How have Essex Property Trust's revenue and profit performed over time
Revenue
$1.67B
Gross profit
$1.14B
Operating income
$525.1M
Net income
$405.83M
Gross margin
68.2%
Net margin
24.3%
ESS's net income is down by 23% since the previous quarter
Essex Property Trust's net margin has decreased by 23% from the previous quarter and by 4.3% YoY
The operating income has increased by 4.9% YoY
Essex Property Trust's gross profit has increased by 3.6% YoY

Growth

What is Essex Property Trust's growth rate over time

Valuation

What is Essex Property Trust stock price valuation
ESS P/E details
P/E
39.08
P/B
2.92
P/S
9.51
EV/EBIT
35.12
EV/EBITDA
18.62
EV/Sales
13.02
ESS's price to earnings (P/E) is 29% higher than its last 4 quarters average of 30.4 and 2.9% higher than its 5-year quarterly average of 38.0
Essex Property Trust's EPS has decreased by 22% QoQ
The stock's P/B is 13% above its last 4 quarters average of 2.6
The company's equity fell by 5% YoY
ESS's P/S is 17% lower than its 5-year quarterly average of 11.4 but 8% higher than its last 4 quarters average of 8.8
Essex Property Trust's revenue has increased by 3.9% YoY

Efficiency

How efficient is Essex Property Trust business performance
The ROA has contracted by 23% from the previous quarter but it has grown by 3.1% YoY
The ROE has contracted by 22% from the previous quarter but it has grown by 4.3% YoY
Essex Property Trust's return on sales has decreased by 16% QoQ and by 2.9% YoY
Essex Property Trust's return on invested capital has decreased by 15% QoQ but it has increased by 3% YoY

Dividends

What is ESS's dividend history
Dividend details
DPS
$9.38
Dividend yield
3.8%
Payout ratio
148.4%
Recent dividends

Financial health

How did Essex Property Trust financials performed over time
The total assets is 84% more than the total liabilities
ESS's total liabilities is up by 4.4% year-on-year
Essex Property Trust's debt is 16% more than its equity
The debt to equity has increased by 10% YoY and by 2.7% from the previous quarter
The company's equity fell by 5% YoY

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