VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesMarketEarningsCompareWatchlistInsider
ESSEssex Property Trust, Inc.
$273.71$17.6B
Research
OverviewAnalysis
Valuation
ValuationTargetsPrice
Financials
RevenueEarningsP/ERatiosDividend
Ownership
Holders
Tools
Total ReturnDCA Calculator
← Back to Screener
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Data updated daily

Product

  • Screener
  • Themes
  • Valuation
  • Total Return
  • DCA Calculator
  • News
  • Earnings

Resources

  • Market Valuation
  • Compare
  • Insider Activity
  • Methodology
  • How It Works
  • Glossary
  • Learn

Get Ideas

Get weekly stock ideas — free

Follow VCP Scanner on XFollow VCP Scanner on LinkedIn
© 2026 VCP Scanner
AboutPrivacyTerms
Not financial advice. Do your own research.
ScreenerNewsCompareWatchlist

ESS logoEssex Property Trust, Inc.(ESS)Earnings, Financials & Key Ratios

ESS•NYSE•REIT / Real Estate
26.3× P/E·Price updated Jun 19, 2026
SectorReal EstateIndustryResidential REITsSub-IndustryDiversified apartment REITs
AboutEssex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.Show more
  • Revenue$1.9B+7.1%
  • FFO$1.28B-3.2%
  • FFO/Share19.86-3.5%
  • FFO Payout51.1%+8.9%
  • FFO per Share19.86-3.5%
  • NOI Margin68.82%+1.1%
  • FFO Margin67.35%-9.6%
  • ROE11.71%-10.2%
  • ROA5.16%-12.1%

ESS Key Insights

Essex Property Trust, Inc. (ESS) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Dividend Aristocrat: 32 years of consecutive increases
  • ✓Sustainable FFO payout ratio of 51.1%
  • ✓High NOI margin of 68.8%
  • ✓Healthy dividend yield of 3.7%

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Get notified when ESS posts new earnings or crosses analyst targets

Free. No account needed. Unsubscribe any time.

Free. Unsubscribe any time.

ESS Price & Volume

Essex Property Trust, Inc. (ESS) stock price & volume — 10-year historical chart

Loading chart...

ESS Growth Metrics

Essex Property Trust, Inc. (ESS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years4.75%
5 Years4.91%
3 Years5.76%
TTM3.84%

Profit CAGR

10 Years11.22%
5 Years3.4%
3 Years18.09%
TTM-14.34%

EPS CAGR

10 Years11.55%
5 Years3.7%
3 Years18.41%
TTM-14.91%

Return on Capital

10 Years4.6%
5 Years5.27%
3 Years5.73%
Last Year6.55%

ESS Recent Earnings

Essex Property Trust, Inc. (ESS) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
Apr 28, 2026
Metric
Actual
Est
EPS
$4.06+183.9%
$1.43
Rev
$482M+0.5%
$480M
Q1 2026
Feb 4, 2026
Metric
Actual
Est
EPS
$3.98+172.6%
$1.46
Rev
$477M+0.7%
$474M
Q4 2025
Oct 29, 2025
Metric
Actual
Est
EPS
$3.97+0.3%
$3.96
Rev
$473M-0.3%
$475M
Q3 2025
Jul 29, 2025
Metric
Actual
Est
EPS
$4.03+1.0%
$3.99
Rev
$470M-0.6%
$473M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 28, 2026
$4.06vs $1.43+183.9%
$482Mvs $480M+0.5%
Q1 2026Feb 4, 2026
$3.98vs $1.46+172.6%
$477Mvs $474M+0.7%
Q4 2025Oct 29, 2025
$3.97vs $3.96+0.3%
$473Mvs $475M-0.3%
Q3 2025Jul 29, 2025
$4.03vs $3.99+1.0%
$470Mvs $473M-0.6%
Based on last 12 quarters of dataView full earnings history →

ESS Peer Comparison

Essex Property Trust, Inc. (ESS) competitors in Diversified apartment REITs — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
EQR logoEQREquity ResidentialDirect Competitor24.01B64.0922.024.06%30.56%8.4%0.77
AVB logoAVBAvalonBay Communities, Inc.Direct Competitor24.67B177.3223.994.29%34.64%8.76%0.79
UDR logoUDRUDR, Inc.Direct Competitor12.24B37.5633.242.42%28.6%12.37%1.49
CPT logoCPTCamden Property TrustDirect Competitor11.41B108.9930.791.92%32.81%8.71%0.88
MAA logoMAAMid-America Apartment Communities, Inc.Direct Competitor15.42B132.5035.050.83%18.19%6.81%0.93
IRT logoIRTIndependence Realty Trust, Inc.Product Competitor3.73B15.8265.922.76%7.27%1.35%0.64
ELME logoELMEElme CommunitiesProduct Competitor178.6M2.01-1.15-100%-18.93%2.18
NHI logoNHINational Health Investors, Inc.Product Competitor3.43B70.8223.4512.93%36.76%9.78%0.76

Compare ESS vs Peers

Essex Property Trust, Inc. (ESS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs EQR

Most directly comparable listed peer for ESS.

Scale Benchmark

vs PLD

Larger-name benchmark to compare ESS against a more recognizable public peer.

Peer Set

Compare Top 5

vs EQR, AVB, UDR, CPT

ESS Income Statement

Essex Property Trust, Inc. (ESS) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Revenue
1.36B1.4B1.46B1.5B1.44B1.61B1.67B1.77B1.9B1.91B
Revenue Growth %
5.4%2.65%4.29%2.44%-3.69%11.54%3.89%6.29%7.11%3.84%
Property Operating Expenses
176.47M183.63M189.24M211.58M232.25M497.74M532.05M566.82M592.61M582.91M
Net Operating Income (NOI)
1.19B▲ 0%
1.22B▲ 2.4%
1.27B▲ 4.5%
1.28B▲ 1.0%
1.21B▼ 5.9%
1.11B▼ 8.2%
1.14B▲ 2.5%
1.21B▲ 6.2%
1.31B▲ 8.3%
1.32B▲ 0%
NOI Margin %
87.06%86.88%87.04%85.85%83.88%69.02%68.13%68.06%68.82%69.44%
Operating Expenses
714.49M704.44M789.81M792.72M678.32M513.85M553M504.54M473.92M592.47M
G&A Expenses
41.38M53.45M54.26M65.39M51.84M56.58M63.47M98.9M68.65M85.77M
EBITDA
941.83M991.87M964.86M1.02B1.05B1.13B1.13B1.28B1.44B1.34B
EBITDA Margin %
69.05%70.85%66.08%67.99%72.89%70.61%67.86%72.32%75.85%70.42%
Depreciation & Amortization
468.88M479.88M483.75M525.5M520.07M539.32M548.44M580.22M607.54M611.15M
D&A / Revenue %
34.38%34.28%33.13%35.13%36.1%33.56%32.85%32.7%31.97%32.04%
Operating Income
472.94M▲ 0%
511.99M▲ 8.3%
481.11M▼ 6.0%
491.44M▲ 2.1%
530M▲ 7.8%
595.23M▲ 12.3%
584.34M▼ 1.8%
703.1M▲ 20.3%
834.03M▲ 18.6%
732.14M▲ 0%
Operating Margin %
34.68%36.57%32.95%32.86%36.79%37.04%35%39.62%43.88%38.38%
Interest Expense
222.89M220.49M217.34M220.63M203.13M223.84M212.91M235.53M257.25M4M
Interest Coverage
4.08x3.93x4.25x4.92x4.84x2.93x3.02x4.44x3.71x-
Non-Operating Income
-437.07M-354.87M-443.49M-593.44M-453.69M-61.59M-59.27M-343.74M-121.18M-101.42M
Pretax Income
687.12M▲ 0%
646.37M▼ 5.9%
707.26M▲ 9.4%
864.25M▲ 22.2%
515.69M▼ 40.3%
432.99M▼ 16.0%
430.71M▼ 0.5%
811.31M▲ 88.4%
697.96M▼ 14.0%
597.39M▲ 0%
Pretax Margin %
50.38%46.17%48.44%57.78%35.8%26.95%25.8%45.72%36.72%31.32%
Income Tax
001.46M1.53M0000257K257K
Effective Tax Rate %
0%0%0.21%0.18%0%0%0%0%0.04%0.04%
Net Income
433.06M▲ 0%
390.15M▼ 9.9%
439.29M▲ 12.6%
568.87M▲ 29.5%
488.55M▼ 14.1%
408.31M▼ 16.4%
405.82M▼ 0.6%
741.52M▲ 82.7%
672.49M▼ 9.3%
575.56M▲ 0%
Net Margin %
31.75%27.87%30.08%38.03%33.91%25.41%24.31%41.79%35.38%30.17%
Net Income Growth %
4.36%-9.91%12.59%29.5%-14.12%-16.42%-0.61%82.72%-9.31%-14.34%
Funds From Operations (FFO)
901.94M▲ 0%
870.04M▼ 3.5%
923.04M▲ 6.1%
1.09B▲ 18.6%
1.01B▼ 7.8%
947.63M▼ 6.0%
954.26M▲ 0.7%
1.32B▲ 38.5%
1.28B▼ 3.2%
1.19B▲ 0%
FFO Margin %
66.13%62.14%63.21%73.17%70.02%58.98%57.16%74.49%67.35%62.21%
FFO Growth %
5.29%-3.54%6.09%18.56%-7.84%-6.05%0.7%38.51%-3.16%7.64%
FFO per Share
13.6913.1714.0016.6915.5014.5614.8520.5719.8618.41
FFO Payout Ratio %
49.96%55.65%55.01%48.99%53.82%59.72%61.51%46.94%51.1%41.85%
EPS (Diluted)
6.57▲ 0%
5.90▼ 10.2%
6.66▲ 12.9%
8.68▲ 30.3%
7.51▼ 13.5%
6.27▼ 16.5%
6.32▲ 0.8%
11.54▲ 82.6%
10.41▼ 9.8%
8.93▲ 0%
EPS Growth %
4.78%-10.2%12.88%30.33%-13.48%-16.51%0.8%82.59%-9.79%-14.91%
EPS (Basic)
6.585.916.678.697.516.276.3211.5510.41-
Diluted Shares Outstanding
65.9M66.09M65.94M65.56M65.09M65.1M64.25M64.25M64.46M64.46M

ESS Balance Sheet

Essex Property Trust, Inc. (ESS) balance sheet — assets, liabilities & shareholders' equity

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Assets
12.5B12.38B12.71B12.94B13B12.37B12.36B12.93B13.16B13.1B
Asset Growth %
2.28%-0.9%2.6%1.82%0.48%-4.81%-0.09%4.58%1.79%10.45%
Real Estate & Other Assets
10.99B10.65B10.94B11.36B11.15B10.91B10.57B11.58B12.24B90.49M
PP&E (Net)
0074.74M72.14M68.97M67.24M63.76M51.56M50.83M49.96M
Investment Securities
1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Total Current Assets
352.06M432.83M359.65M484.85M591.5M258.47M662.75M352.35M227.18M249.39M
Cash & Equivalents
44.62M134.47M70.09M73.63M48.42M33.3M391.75M66.8M85.59M47.41M
Receivables
1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Assets
-22.65M-22.51M-29.93M-36.93M-54.75M9.39M8.59M9.05M-98.07M0
Intangible Assets
00008.9M7.4M6.1M7.7M7.5M0
Total Liabilities
6.06B5.95B6.26B6.72B6.79B6.45B6.74B7.18B7.42B7.47B
Total Debt
5.69B5.61B5.89B6.33B6.36B6.03B6.27B6.65B6.9B6.86B
Net Debt
5.64B5.47B5.82B6.25B6.31B5.99B5.88B6.59B6.82B6.81B
Long-Term Debt
5.51B5.61B5.75B6.25B5.95B5.91B6.21B6.46B6.3B6.26B
Short-Term Borrowings
179M055M0341.26M52.07M0137.94M549.4M549.14M
Capital Lease Obligations
0076.74M74.04M70.67M68.7M65.09M52.47M51.49M207.69M
Total Current Liabilities
479.69M314.96M397.31M356.03M694.36M389.86M352.75M530.48M98.84M549.14M
Accounts Payable
127.5M127.09M158.02M152.85M180.75M165.46M176.4M212.75M221.15M0
Deferred Revenue
0000000000
Other Liabilities
69.86M33.38M36.56M39.14M75.51M85.97M111.66M129.49M969.44M611.32M
Total Equity
6.44B▲ 0%
6.43B▼ 0.1%
6.44B▲ 0.2%
6.22B▼ 3.5%
6.21B▼ 0.1%
5.92B▼ 4.7%
5.63B▼ 5.0%
5.75B▲ 2.2%
5.74B▼ 0.2%
5.63B▲ 0%
Equity Growth %
1.56%-0.1%0.18%-3.5%-0.07%-4.65%-5%2.22%-0.25%2.74%
Shareholders Equity
6.28B6.27B6.22B6B5.99B5.72B5.42B5.54B5.54B5.44B
Minority Interest
158.63M162.25M220.49M215.02M217.57M205.89M203.44M214.19M195.52M191.56M
Common Stock
7K7K7K6K7K6K6K6K6K6K
Additional Paid-in Capital
7.13B7.09B7.12B6.88B6.92B6.75B6.66B6.67B6.68B6.64B
Retained Earnings
-833.73M-812.8M-887.62M-861.19M-916.83M-1.08B-1.27B-1.16B-1.15B-1.21B
Preferred Stock
0000000000
Return on Assets (ROA)
3.5%3.14%3.5%4.44%3.77%3.22%3.28%5.86%5.16%4.38%
Return on Equity (ROE)
6.78%6.07%6.83%8.99%7.86%6.73%7.03%13.04%11.71%9.99%
Debt / Assets
45.53%45.27%46.32%48.9%48.92%48.71%50.73%51.47%52.46%52.36%
Debt / Equity
0.88x0.87x0.91x1.02x1.02x1.02x1.11x1.16x1.20x1.22x
Net Debt / EBITDA
5.99x5.52x6.03x6.15x6.01x5.28x5.19x5.13x4.73x5.07x
Book Value per Share
97.6797.2997.6894.8095.4390.9787.5689.5189.0087.29

ESS Cash Flow Statement

Essex Property Trust, Inc. (ESS) cash flow — operating, investing & free cash flow history

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations
766.15M826.55M919.08M803.11M905.26M975.65M980.06M1.07B1.07B1.08B
Operating CF Growth %
7.53%7.88%11.19%-12.62%12.72%7.78%0.45%9%0.57%16.35%
Operating CF / Revenue %
56.17%59.04%62.94%53.69%62.84%60.72%58.71%60.2%56.53%56.62%
Net Income
458.04M413.6M464.45M599.33M515.69M432.99M430.71M811.31M669.67M575.56M
Depreciation & Amortization
468.88M479.88M483.75M525.5M520.07M539.32M548.44M580.22M614.7M613.7M
Stock-Based Compensation
9.29M7.13M7.01M8.16M7.31M7.21M8.03M7.16M10.2M10.89M
Other Non-Cash Items
-5.95M-8.02M-323K-16.43M-1.63M8.83M-5.46M-385.67M-215.88M-183.26M
Working Capital Changes
-24.13M-173K37.51M-13.36M33.32M-2.46M-1.65M55.29M-4.27M41.73M
Cash from Investing
-477.24M-59.89M-527.69M-416.9M-397.4M145.96M-145.14M-973.05M-552.48M-390.32M
Acquisitions (Net)
-293.36M-162.44M-402.28M-114.02M-306.27M-163.19M-37.41M-34.07M0-29.15M
Purchase of Investments
-67.89M-37.95M-46.46M-83.38M-23.8M-18.11M-20.78M-1M0-14.5M
Sale of Investments
35.48M31.52M147.53M113.47M16.58M71.22M64.32M27.35M010.3M
Other Investing
-80.48M190.66M-124.79M-242.88M37.29M419.23M-10.9M-828.93M-552.48M-239.24M
Cash from Financing
-310.84M-676.39M-461.69M-383.26M-533.26M-1.14B-477.27M-419.74M-512.2M-536.82M
Dividends Paid
-450.63M-484.18M-507.75M-536.1M-542.86M-565.92M-586.98M-620.47M-654.07M-496.58M
Common Dividends
-450.63M-484.18M-507.75M-536.1M-542.86M-565.92M-586.98M-620.47M-654.07M-496.58M
Debt Issuance (Net)
1000K-1000K1000K1000K1000K-1000K1000K1000K1000K0
Share Repurchases
0-52.15M-56.99M-269.61M-9.63M-190.04M-96M-296K-8.11M-58.05M
Other Financing
49.28M-29.48M-43.16M-53.78M-9.05M-25.97M-37.79M-88.69M-51.7M-40.65M
Net Change in Cash
-20.3M▲ 0%
90.27M▲ 544.7%
-70.3M▼ 177.9%
2.95M▲ 104.2%
-25.4M▼ 962.0%
-15.96M▲ 37.2%
357.65M▲ 2341.4%
-324.49M▼ 190.7%
9.74M▲ 103.0%
-22.28M▲ 0%
Exchange Rate Effect
0000000000
Cash at Beginning
64.92M61.13M151.4M81.09M84.04M58.64M42.68M400.33M75.85M0
Cash at End
44.62M151.4M81.09M84.04M58.64M42.68M400.33M75.85M85.59M0
Free Cash Flow
695.16M▲ 0%
744.87M▲ 7.2%
817.39M▲ 9.7%
713.02M▼ 12.8%
784.06M▲ 10.0%
812.46M▲ 3.6%
839.69M▲ 3.4%
931.91M▲ 11.0%
1.07B▲ 15.3%
962.35M▲ 0%
FCF Growth %
6.54%7.15%9.74%-12.77%9.96%3.62%3.35%10.98%15.29%7.28%
FCF / Revenue %
50.97%53.2%55.98%47.67%54.43%50.56%50.3%52.52%56.53%50.45%

ESS Key Ratios

Essex Property Trust, Inc. (ESS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
FFO per Share
13.6913.171416.6915.514.5614.8520.5719.8618.41
FFO Payout Ratio
49.96%55.65%55.01%48.99%53.82%59.72%61.51%46.94%51.1%41.85%
NOI Margin
87.06%86.88%87.04%85.85%83.88%69.02%68.13%68.06%68.82%69.44%
Net Debt / EBITDA
5.99x5.52x6.03x6.15x6.01x5.28x5.19x5.13x4.73x5.07x
Debt / Assets
45.53%45.27%46.32%48.9%48.92%48.71%50.73%51.47%52.46%52.36%
Interest Coverage
4.08x3.93x4.25x4.92x4.84x2.93x3.02x4.44x3.71x-
Book Value / Share
97.6797.2997.6894.895.4390.9787.5689.518987.29
Revenue Growth
5.4%2.65%4.29%2.44%-3.69%11.54%3.89%6.29%7.11%3.84%
Related:ESS Dividend History·ESS Revenue History·ESS Price History·ESS P/E History·ESS Financial Ratios·ESS Institutional Holders

ESS SEC Filings & Documents

Essex Property Trust, Inc. (ESS) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 28, 2026·SEC

Material company update

Feb 4, 2026·SEC

Material company update

Dec 12, 2025·SEC

10-K Annual Reports

4
FY 2026

Feb 20, 2026·SEC

FY 2025

Feb 21, 2025·SEC

FY 2024

Feb 23, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 29, 2026·SEC

FY 2025

Oct 30, 2025·SEC

FY 2025

Jul 30, 2025·SEC

ESS Frequently Asked Questions

Essex Property Trust, Inc. (ESS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Essex Property Trust, Inc. (ESS) reported $1.91B in revenue for fiscal year 2025. This represents a 3663% increase from $50.7M in 1996.

Essex Property Trust, Inc. (ESS) grew revenue by 7.1% over the past year. This is steady growth.

Yes, Essex Property Trust, Inc. (ESS) is profitable, generating $575.6M in net income for fiscal year 2025 (35.4% net margin).

Dividend & Returns

Yes, Essex Property Trust, Inc. (ESS) pays a dividend with a yield of 3.71%. This makes it attractive for income-focused investors.

Essex Property Trust, Inc. (ESS) has a return on equity (ROE) of 11.7%. This is reasonable for most industries.

Industry Metrics

Essex Property Trust, Inc. (ESS) generated Funds From Operations (FFO) of $1.19B in the trailing twelve months. FFO is the primary profitability metric for REITs.

Essex Property Trust, Inc. (ESS) offers a 3.71% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

What if you invested $1,000 in ESS back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →

How much would $100/month in ESS be worth today?

Dollar cost averaging calculator · DCA vs lump sum

Calculate →