Essex Property Trust, Inc. (ESS) FCF Payout Ratio: 68.84%
Is Essex Property Trust, Inc.’s FCF payout ratio high or low?
Essex Property Trust, Inc.'s FCF payout ratio of 68.84% is in line with its 5-year average of 68.57%, around the middle of its 5-year range (60.88%–75.19%).
8.02% above its 12-month average of 63.73%.
ESS FCF Payout Ratio Chart
ESS Average FCF Payout Ratio Chart
ESS Current vs Average FCF Payout Ratio Chart
ESS FCF Payout Ratio Metrics
FCF PAYOUT RATIO
68.84%
FCF PAYOUT RATIO AVG TTM
63.73%
FCF PAYOUT RATIO AVG 3Y
66.75%
FCF PAYOUT RATIO AVG 5Y
68.57%
FCF PAYOUT RATIO AVG 10Y
66.54%
FCF PAYOUT RATIO AVG 15Y
67.15%
FCF PAYOUT RATIO AVG 20Y
67.15%
CURRENT VS TTM AVG
+8.02%
CURRENT VS 3Y AVG
+3.12%
CURRENT VS 5Y AVG
+0.39%
CURRENT VS 10Y AVG
+3.45%
CURRENT VS 15Y AVG
+2.52%
CURRENT VS 20Y AVG
+2.52%
Payout Ratio Comparison
FCF Payout Ratio
68.8%
Earnings Payout Ratio
98.9%
Dividend Yield
3.63%
FCF Yield
5.27%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $1.07B | $654.07M | 60.9% |
| 2024 | $931.91M | $620.47M | 66.6% |
| 2023 | $839.69M | $586.98M | 69.9% |
| 2022 | $812.46M | $565.92M | 69.7% |
| 2021 | $784.06M | $542.86M | 69.2% |
| 2020 | $713.02M | $536.10M | 75.2% |
| 2019 | $817.39M | $507.75M | 62.1% |
| 2018 | $744.87M | $484.18M | 65.0% |
| 2017 | $695.16M | $450.63M | 64.8% |
| 2016 | $652.51M | $411.13M | 63.0% |
| 2015 | $560.13M | $367.26M | 65.6% |
| 2014 | $414.12M | $260.57M | 62.9% |
| 2013 | $264.05M | $180.67M | 68.4% |
| 2012 | $229.39M | $156.25M | 68.1% |
| 2011 | $182.87M | $138.62M | 75.8% |
| 2010 | ($310.69M) | $123.63M | N/A (Loss) |
| 2009 | ($18.86M) | $117.10M | N/A (Loss) |
| 2008 | ($118.15M) | $109.49M | N/A (Loss) |
| 2007 | ($365.83M) | $97.64M | N/A (Loss) |
| 2006 | ($379.79M) | $80.45M | N/A (Loss) |
| 2005 | ($111.04M) | $76.26M | N/A (Loss) |
| 2004 | ($114.22M) | $72.72M | N/A (Loss) |
| 2003 | ($13.98M) | $68.38M | N/A (Loss) |
| 2002 | ($88.49M) | $55.60M | N/A (Loss) |
| 2001 | $23.73M | $49.99M | 210.6% |
| 2000 | ($25.38M) | $42.42M | N/A (Loss) |
| 1999 | ($79.35M) | $38.63M | N/A (Loss) |
| 1998 | ($137.24M) | $35.07M | N/A (Loss) |
| 1997 | ($228.41M) | $25.05M | N/A (Loss) |
| 1996 | ($81.29M) | $12.01M | N/A (Loss) |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Essex Property Trust, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Essex Property Trust, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Essex Property Trust, Inc. (ESS)?
- The FCF payout ratio for ESS stock is 68.84%.
- Is Essex Property Trust, Inc.'s FCF payout ratio high or low?
- Essex Property Trust, Inc.'s FCF payout ratio of 68.84% is in line with its 5-year average of 68.57%, around the middle of its 5-year range (60.88%–75.19%).
- What is the TTM average FCF payout ratio for Essex Property Trust, Inc. (ESS)?
- The TTM average FCF payout ratio for ESS stock is 63.73%.
- What is the 3Y average FCF payout ratio for Essex Property Trust, Inc. (ESS)?
- The 3Y average FCF payout ratio for ESS stock is 66.75%.
- What is the 5Y average FCF payout ratio for Essex Property Trust, Inc. (ESS)?
- The 5Y average FCF payout ratio for ESS stock is 68.57%.
- What is the 10Y average FCF payout ratio for Essex Property Trust, Inc. (ESS)?
- The 10Y average FCF payout ratio for ESS stock is 66.54%.
- What is the 15Y average FCF payout ratio for Essex Property Trust, Inc. (ESS)?
- The 15Y average FCF payout ratio for ESS stock is 67.15%.
- What is the 20Y average FCF payout ratio for Essex Property Trust, Inc. (ESS)?
- The 20Y average FCF payout ratio for ESS stock is 67.15%.
Essex Property Trust, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 60.88% |
| 2024-12-31 | 66.58% |
| 2023-12-31 | 69.90% |
| 2022-12-31 | 69.66% |
| 2021-12-31 | 69.24% |
| 2020-12-31 | 75.19% |
| 2019-12-31 | 62.12% |
| 2018-12-31 | 65.00% |
| 2017-12-31 | 64.82% |
| 2016-12-31 | 63.01% |
| 2015-12-31 | 65.57% |
| 2014-12-31 | 62.92% |
| 2013-12-31 | 68.42% |
| 2012-12-31 | 68.12% |
| 2011-12-31 | 75.81% |
| 2001-12-31 | 210.61% |
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