Essex Property Trust, Inc. (ESS)
Sector note: Free-cash-flow multiples (P/FCF, FCF yield, FCF growth) are omitted — REITs are evaluated on funds from operations (FFO / AFFO), price-to-AFFO and dividend yield, not GAAP free cash flow.
ESS Valuation Metrics
ESS Stock Price Metrics
Last Close Price$283.751-Day Change+1.13%Market Cap (USD)$18.235B7D Return(0.59%)30D Return5.67%YTD Return10.46%52-Week High$294.0952-Week High Date07/23/2025Current vs High(3.52%)52-Week Low$238.4652-Week Low Date03/27/2026Current vs Low18.99%Avg Volume 1M479.5KBeta0.73Fair Value Price-Margin of Safety-
ESS Dividend Metrics
Dividend Yield3.63%Avg Yield TTM3.63%Avg Yield 3Y3.14%CAGR TTM38.26%CAGR 3Y4.91%CAGR 5Y4.10%Payout Ratio98.94%Payout Avg 3Y102.48%Payout Avg 5Y111.82%FCF Payout Ratio68.84%FCF Payout Avg 3Y60.77%FCF Payout Avg 5Y64.43%Forward YOC 3Y4.41%Forward YOC 5Y5.02%Forward YOC 10Y6.95%Ex-Date06/30/2026Payment Date07/15/2026Consec. Yearly Increases29
ESS Growth Rate Metrics
Price CAGR TTM(2.07%)Price CAGR 3Y6.97%Price CAGR 5Y(2.01%)Total Return CAGR TTM1.84%Total Return CAGR 3Y11.09%Total Return CAGR 5Y1.54%Revenue CAGR TTM3.84%Revenue CAGR 3Y5.22%Revenue CAGR 5Y5.52%Net Income CAGR TTM(14.34%)Net Income CAGR 3Y5.61%Net Income CAGR 5Y6.39%EPS CAGR TTM(9.88%)EPS CAGR 3Y18.41%EPS CAGR 5Y3.68%Dividends CAGR TTM38.26%Dividends CAGR 3Y4.91%Dividends CAGR 5Y4.10%
ESS Discounted Cash Flow Metrics
| Fair Value Price | - |
| Margin of Safety | - |
ESS Revenue Metrics
ESS PE Ratio Metrics
| PE Ratio | 31.88 |
| PE Ratio Avg TTM | 23.17 |
| PE Ratio Avg 3Y | 28.66 |
| Current VS TTM Avg | +37.57% |
| Current VS 3Y Avg | +11.25% |
| Current VS 5Y Avg | -8.54% |
ESS PS Ratio Metrics
| PS Ratio | 9.59 |
| PS Ratio Avg TTM | 9.02 |
| PS Ratio Avg 3Y | 9.56 |
| Current VS TTM Avg | +6.28% |
| Current VS 3Y Avg | +0.36% |
| Current VS 5Y Avg | -10.04% |
ESS PB Ratio Metrics
| PB Ratio | 3.37 |
| PB Ratio Avg TTM | 3.03 |
| PB Ratio Avg 3Y | 3.05 |
| Current VS TTM Avg | +11.13% |
| Current VS 3Y Avg | +10.60% |
| Current VS 5Y Avg | +9.69% |
ESS Debt to Equity Ratio Metrics
| Debt/Equity Ratio | 1.25 |
| Debt/Equity Ratio Avg TTM | 1.23 |
| Debt/Equity Ratio Avg 3Y | 1.17 |
| Current VS TTM Avg | +2.04% |
| Current VS 3Y Avg | +7.30% |
| Current VS 5Y Avg | +10.78% |
ESS PEG Ratio Metrics
| PEG Ratio | 8.66 |
| PEG Ratio Avg TTM | 24.76 |
| PEG Ratio Avg 3Y | 24.76 |
| Current VS TTM Avg | -65.03% |
| Current VS 3Y Avg | -65.03% |
| Current VS 5Y Avg | -35.78% |
ESS Earnings Yield
| Earnings Yield | 3.14% |
| Earnings Yield Avg TTM | 4.43% |
| Earnings Yield Avg 3Y | 3.64% |
| Current VS TTM Avg | -29.08% |
| Current VS 3Y Avg | -13.75% |
| Current VS 5Y Avg | +0.76% |
ESS EV/EBIT Ratio Metrics
| Ev/Ebit Ratio | 34.28 |
| Ev/Ebit Ratio Avg TTM | 26.56 |
| Ev/Ebit Ratio Avg 3Y | 34.13 |
| Current VS TTM Avg | +29.08% |
| Current VS 3Y Avg | +0.44% |
| Current VS 5Y Avg | -13.04% |
ESS EV/EBITDA Ratio Metrics
| Ev/Ebitda Ratio | 17.12 |
| Ev/Ebitda Ratio Avg TTM | 17.39 |
| Ev/Ebitda Ratio Avg 3Y | 17.39 |
| Current VS TTM Avg | -1.55% |
| Current VS 3Y Avg | -1.53% |
| Current VS 5Y Avg | -0.04% |
ESS EV/Assets Ratio Metrics
| Ev/Assets Ratio | 1.92 |
| Ev/Assets Ratio Avg TTM | 1.80 |
| Ev/Assets Ratio Avg 3Y | 1.82 |
| Current VS TTM Avg | +6.76% |
| Current VS 3Y Avg | +5.72% |
| Current VS 5Y Avg | +3.32% |
ESS EV/Sales Ratio Metrics
| Ev/Sales Ratio | 13.16 |
| Ev/Sales Ratio Avg TTM | 12.62 |
| Ev/Sales Ratio Avg 3Y | 13.15 |
| Current VS TTM Avg | +4.32% |
| Current VS 3Y Avg | +0.06% |
| Current VS 5Y Avg | -8.92% |
ESS Current Ratio Metrics
| Current Ratio | 2.30 |
| Current Ratio Avg TTM | 1.48 |
| Current Ratio Avg 3Y | 1.38 |
| Current VS TTM Avg | +55.41% |
| Current VS 3Y Avg | +67.27% |
| Current VS 5Y Avg | +78.99% |
ESS Quick Ratio Metrics
| Quick Ratio | 2.30 |
| Quick Ratio Avg TTM | 1.48 |
| Quick Ratio Avg 3Y | 1.38 |
| Current VS TTM Avg | +55.41% |
| Current VS 3Y Avg | +67.27% |
| Current VS 5Y Avg | +82.78% |
ESS ROIC Metrics
| ROIC | 6.13% |
| ROIC Avg 3Y | 5.39% |
| ROIC Avg 5Y | 4.94% |
| Current VS 3Y Avg | +13.73% |
| Current VS 5Y Avg | +24.05% |
| Current VS 10Y Avg | +40.57% |
ESS Return on Assets Metrics
| ROA | 5.11 |
| ROA Avg TTM | 5.43 |
| ROA Avg 3Y | 4.36 |
| Current VS TTM Avg | -5.81% |
| Current VS 3Y Avg | +17.27% |
| Current VS 5Y Avg | +19.81% |
ESS Return on Equity Metrics
| ROE | 12.14 |
| ROE Avg TTM | 12.77 |
| ROE Avg 3Y | 10.04 |
| Current VS TTM Avg | -4.90% |
| Current VS 3Y Avg | +20.95% |
| Current VS 5Y Avg | +26.06% |
ESS Net Profit Margin Metrics
| Net Profit Margin | 35.38% |
| Net Profit Margin Avg TTM | 38.59% |
| Net Profit Margin Avg 3Y | 31.72% |
| Current VS TTM Avg | -8.31% |
| Current VS 3Y Avg | +11.53% |
| Current VS 5Y Avg | +6.76% |
Last Updated: Saturday, June 13, 2026
About Essex Property Trust, Inc.
Essex Property Trust, Inc., a prominent S&P 500 constituent, operates as a vertically integrated real estate investment trust (REIT). The company focuses on the purchase, construction, renovation, and ongoing management of residential apartment complexes across select West Coast regions. Currently, Essex maintains ownership interests in 246 apartment communities, offering a total of roughly 60,000 homes, with an additional six properties actively advancing through various stages of development.
- Sector
- Real Estate
- Industry
- REIT - Residential
- CEO
- Angela L. Kleiman