Agree Realty Corporation (ADC) vs Essex Property Trust, Inc. (ESS)
ESS leads on 10 of 17 compared metrics.
A side-by-side comparison of Agree Realty Corporation and Essex Property Trust, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
ADC
Agree Realty Corporation
$75.83Real Estate
ESS
Essex Property Trust, Inc.
$283.75Real Estate
Total return — ADC vs ESS
growth of $100 · last 30yADC +321.3%ESS +1235.3%ESS compounded faster
ADC ESS
ADC vs ESS: by the numbers
- •ESS is the larger company ($18.23B vs $9.11B market cap).
- •ESS trades at the lower earnings multiple (31.88 vs 40.77 P/E).
- •ESS converts more revenue to profit (30.17% vs 29.28% net margin).
- •ADC grew revenue faster over the past five years (22.62% vs 5.52% CAGR).
- •ADC pays the higher dividend yield (4.13% vs 3.63%).
Which is better, ADC or ESS?
Metric tally: ADC 7 · ESS 10It depends on what you're optimizing for:
ValueESS(lower P/E)
GrowthADC(faster 5Y revenue CAGR)
IncomeADC(higher dividend yield)
QualityESS(higher ROIC)
Valuation
| Metric | ADC | ESS |
|---|---|---|
| P/E ratio | 40.77 | 31.88● |
| Forward P/E | 36.71● | 46.85 |
| P/S ratio | 12.17 | 9.59● |
| P/B ratio | 1.46● | 3.37 |
| PEG ratio | 370.63 | 8.66● |
| EV / EBITDA | 20.21 | 17.12● |
| FCF yield | 1.21% | 5.27%● |
Profitability
| Metric | ADC | ESS |
|---|---|---|
| Gross margin | 87.64%● | 69.44% |
| Operating margin | 48.03%● | 38.38% |
| Net margin | 29.28% | 30.17%● |
| ROE | 3.52% | 10.59%● |
| ROIC | 3.51% | 6.13%● |
Dividends
| Metric | ADC | ESS |
|---|---|---|
| Dividend yield | 4.13%● | 3.63% |
| Payout ratio | 176.84% | 98.94% |
Growth (annualized)
| Metric | ADC | ESS |
|---|---|---|
| Revenue CAGR (5Y) | 22.62%● | 5.52% |
| EPS CAGR (5Y) | 0.11% | 3.68%● |
| FCF CAGR (5Y) | -7.18% | 8.49%● |
| Total return CAGR (5Y) | 5.56%● | 1.54% |
Frequently asked
- Which is better, ADC or ESS?
- It depends on your goal. value: ESS (lower P/E); growth: ADC (faster 5Y revenue CAGR); income: ADC (higher dividend yield); quality: ESS (higher ROIC). Across all compared metrics, ESS leads 10 to 7.
- Is ADC or ESS cheaper?
- On trailing earnings, ESS is cheaper: ADC trades at a 40.77 P/E and ESS at 31.88.
- Which has grown faster, ADC or ESS?
- Over the past five years, ADC grew revenue faster — ADC at a 22.62% CAGR versus ESS at 5.52%.
- Does ADC or ESS pay a bigger dividend?
- ADC yields 4.13% and ESS yields 3.63% based on trailing dividends and the latest price.
- Is ADC or ESS more profitable?
- ESS runs the higher net margin — ADC at 29.28% versus ESS at 30.17%.
- Which has been the better investment, ADC or ESS?
- Over the past 10-year, ADC delivered the higher annualized total return — ADC at 9.97% versus ESS at 6.54%. Past performance doesn't predict future results.
Go deeper
ADC & ESS appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.