ESSEX PROPERTY TRUST, INC. ESS

Latest FY: 2025 Real Estate REIT - Residential
Market Price $287.62
Market Cap $18.48B
P/E Ratio 27.66
Quick Peer Compare (Real Estate):
Revenue (FY 2025) ↓-8.6% YoY
$9.38M
3-Yr CAGR: -5.6%
Net Income ↓-9.7% YoY
$669.67M
Net Margin: 7,138.5%
Free Cash Flow ↑0.2% YoY
$934.08M
FCF Yield: 5.06%
EPS (Diluted) ↓-9.9% YoY
$10.40
Basic: $10.40
Return on Equity Efficiency
12.1%
ROA: 5.1%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (ESS)

All monetary values in millions ($M)
⚠️ YoY Data Quality Alert
  • FY 2021: Revenue YoY (-4.8%) is identical to Gross Profit YoY (-4.8%). Verify the underlying Revenue and Gross Profit values for FY 2021 and FY 2020.
  • FY 2022: Revenue YoY (+21.9%) is identical to Gross Profit YoY (+21.9%). Verify the underlying Revenue and Gross Profit values for FY 2022 and FY 2021.
  • FY 2023: Revenue YoY (-0.1%) is identical to Gross Profit YoY (-0.1%). Verify the underlying Revenue and Gross Profit values for FY 2023 and FY 2022.
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $1,294.0M $1,074.3M $415.0M $6.27 $712.5M
FY 2017 $1,363.9M +5.4% $1,141.0M $433.1M +4.4% $6.57 +4.8% $766.2M
FY 2018 $1,400.1M +2.7% $1,179.6M $390.2M -9.9% $5.90 -10.2% $826.6M
FY 2019 $1,460.2M +4.3% $1,242.8M $439.3M +12.6% $6.66 +12.9% $919.1M
FY 2020 $9.6M -99.3% $9.6M $568.9M +29.5% $8.69 +30.5% $803.1M
FY 2021 $9.1M -4.8% $9.1M $488.6M -14.1% $7.51 -13.6% $905.3M
FY 2022 $11.1M +21.9% $11.1M $408.3M -16.4% $6.27 -16.5% $975.6M $812.5M
FY 2023 $11.1M -0.1% $11.1M $405.8M -0.6% $6.32 +0.8% $980.1M $839.7M +3.4%
FY 2024 $10.3M -7.8% $1,244.7M $741.5M +82.7% $11.54 +82.6% $1,068.3M $931.9M +11.0%
FY 2025 $9.4M -8.6% $1,319.0M $669.7M -9.7% $10.40 -9.9% $1,074.4M $934.1M +0.2%
$

Valuation

Market Price $287.62
Market Cap $18.48B
Enterprise Value N/A
P/E Ratio 27.66
P/B Ratio 3.34
FCF Yield 5.06%
Dividend Yield 3.62%
Shares Outstanding 64,261,700
%

Profitability & Margins

Gross Margin 14,060.10%
Operating Margin 9,586.57%
Net Margin 7,138.54%
Return on Equity (ROE) 12.08%
Return on Assets (ROA) 5.09%
Asset Turnover 0.00x
Revenue 3-Yr CAGR -5.56%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity N/A
Debt / Assets N/A
Cash & Equivalents $76.24M
Total Debt N/A
Book Value / Share $86.23
💧

Cash Flow Efficiency

Operating Cash Flow $1.07B
Capital Expenditures (CapEx) $140.35M
Free Cash Flow $934.08M
OCF / Revenue 11,453.18%
FCF / Revenue 9,957.09%
FCF 3-Yr CAGR 4.76%
🏷️

Per Share Metrics

EPS (Diluted) $10.40
EPS (Basic) $10.40
Dividends / Share $10.40
Book Value / Share $86.23
EPS YoY Growth -9.88%
🏛️

Balance Sheet (FY 2025)

Total Assets $13.16B
Total Liabilities $7.42B
Stockholders' Equity $5.54B
Current Assets N/A
Current Liabilities N/A