YOLFTbeta
Essex Property Trust Inc

Essex Property Trust Inc

ESS · NYSE · Real Estate / REIT - Residential

273.32USD+1.52 (+0.56%)

Price History

Full chart

Market Stats

Previous Close271.80
Open273.91
Day Range271.52 – 274.02
52-Week Range233.85 – 303.35
Volume360.50K
Market Cap18.72B
P/E (TTM)42.37
Forward P/E43.86
EPS6.41
Dividend Yield3.81%
Beta0.71
50-Day Avg283.59
200-Day Avg267.95

About

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust. The firm acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 258 apartment communities comprising over 62,000 apartment homes with an additional property in active development. Essex Property Trust, Inc. was incorporated in 1971 in Maryland and is based in San Mateo, United States.

Company Details

  • SectorReal Estate
  • IndustryREIT - Residential
  • CEOMs. Angela L. Kleiman
  • Employees1.69K
  • Headquarters1100 Park Place, San Mateo, CA, United States, 94403, USA
  • Websitehttps://www.essexapartmenthomes.com

Leadership

  • Ms. Angela L. KleimanPresident, CEO & Director · b. 1971
  • Ms. Barbara M. Pak CFAExecutive VP & CFO · b. 1977
  • Mr. Rylan K. BurnsExecutive VP & Chief Investment Officer · b. 1985
  • Ms. Anne M. MorrisonExecutive VP, Chief Administrative Officer, General Counsel & Secretary · b. 1981
  • Mr. Brennan McGreevyGroup VP & Chief Accounting Officer · b. 1985
  • Mr. Michael KaoSenior VP & CTO
  • Dmitry TaraschanskySenior Vice President of Transactions
  • Ms. Yunmi MartinSenior Vice President of Property Operations

Financials

Income Statement

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue20.40M49.90M50.69M84.57M125.26M146.04M182.76M179.43M208.23M239.83M289.87M314.19M339.80M379.05M408.43M411.39M410.28M467.44M535.15M610.59M970.94M1.19B1.29B1.36B1.40B1.46B1.50B1.44B1.61B1.67B1.77B1.90B
Growth (%)-+144.61%+1.59%+66.83%+48.11%+16.59%+25.14%-1.82%+16.05%+15.17%+20.87%+8.39%+8.15%+11.55%+7.75%+0.72%-0.27%+13.93%+14.49%+14.10%+59.02%+23.02%+8.34%+5.40%+2.65%+4.29%+2.44%-3.69%+11.54%+3.89%+6.29%+7.11%
Cost of Revenue------83.52M96.72M95.79M130.55M7.91M207.20M221.94M123.02M132.42M139.71M145.87M162.12M172.17M197.34M312.55M363.51M169.27M176.47M183.63M189.24M211.58M232.25M497.74M532.05M566.82M592.61M
Gross Profit20.40M49.90M50.69M84.57M125.26M146.04M182.76M179.43M208.23M239.83M289.87M314.19M339.80M256.03M276.02M271.68M264.41M305.32M362.99M413.25M658.39M830.90M1.12B1.19B1.22B1.27B1.28B1.21B1.11B1.14B1.21B1.31B
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%67.55%67.58%66.04%64.45%65.32%67.83%67.68%67.81%69.57%86.92%87.06%86.88%87.04%85.85%83.88%69.02%68.13%68.06%68.82%
Operating Expense-11.20M-23.00M26.76M42.88M65.29M72.69M88.18M133.62M155.82M189.84M240.39M277.03M292.14M206.71M138.03M159.17M153.78M170.70M195.96M224.55M456.88M499.73M703.93M714.49M704.44M789.81M792.72M678.32M513.85M553.00M504.54M473.92M
Operating Income31.60M72.90M23.93M41.69M59.97M73.36M94.58M45.81M52.41M49.98M49.48M37.15M47.66M49.32M137.98M112.50M110.63M134.62M167.03M188.71M201.51M331.17M420.80M472.94M511.99M481.11M491.44M530.00M595.23M584.34M703.10M834.03M
Operating Margin154.90%146.09%47.22%49.30%47.87%50.23%51.75%25.53%25.17%20.84%17.07%11.82%14.03%13.01%33.78%27.35%26.96%28.80%31.21%30.91%20.75%27.73%32.52%34.68%36.57%32.95%32.86%36.79%37.04%35.00%39.62%43.88%
EBITDA36.40M82.30M32.79M55.68M81.91M99.51M245.91M45.81M93.91M151.78M184.70M188.01M203.59M222.08M279.01M249.59M266.46M302.67M410.23M450.92M659.58M906.49M1.32B1.38B1.35B1.41B1.61B1.50B1.20B1.19B1.63B1.56B
EBITDA Margin178.43%164.93%64.68%65.84%65.39%68.14%134.55%25.53%45.10%63.29%63.72%59.84%59.92%58.59%68.31%60.67%64.95%64.75%76.66%73.85%67.93%75.89%102.30%101.10%96.19%96.45%107.66%104.39%74.44%71.41%91.69%82.23%
Net Income3.30M10.80M8.88M29.32M26.33M43.56M44.35M48.55M52.87M37.95M79.69M79.72M62.75M115.64M65.35M37.11M35.93M47.07M125.28M156.28M122.15M232.12M414.98M433.06M390.15M439.29M568.87M488.55M408.31M405.82M741.52M672.49M
Net Income Margin16.18%21.64%17.52%34.67%21.02%29.83%24.27%27.06%25.39%15.82%27.49%25.37%18.47%30.51%16.00%9.02%8.76%10.07%23.41%25.60%12.58%19.43%32.07%31.75%27.87%30.08%38.03%33.91%25.41%24.31%41.79%35.38%
R&D----------------0000000.340.340.290.320.410.360.270.26--
R&D as % of Total Revenue----------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense000000000000078.94M85.06M86.02M82.76M91.69M111.89M116.52M164.55M204.83M219.65M222.89M220.49M217.34M220.63M203.13M223.84M212.91M235.53M257.25M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%20.83%20.83%20.91%20.17%19.62%20.91%19.08%16.95%17.15%16.97%16.34%15.75%14.88%14.75%14.10%13.93%12.75%13.27%13.54%

Balance Sheet

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets269.10M273.70M417.17M738.84M931.80M1.06B1.28B1.33B1.62B1.73B2.22B2.24B2.49B2.98B3.16B3.25B3.73B4.04B4.85B5.19B11.56B12.01B12.22B12.50B12.38B12.71B12.94B13.00B12.37B12.36B12.93B13.16B
Total Liabilities157.90M162.60M169.09M311.33M411.56M436.33M652.04M691.38M865.89M895.06M1.39B1.43B1.64B1.91B2.09B1.98B2.38B2.48B2.96B3.18B5.40B5.62B5.88B6.06B5.95B6.26B6.72B6.79B6.45B6.74B7.18B7.42B
Total Equity84.70M84.70M248.09M427.50M520.23M625.98M629.80M638.08M491.31M589.70M591.28M580.97M612.21M790.32M844.92M1.05B1.36B1.44B1.88B2.00B6.02B6.38B6.34B6.44B6.43B6.22B6.22B6.21B5.72B5.42B5.54B5.54B
Cash--42.70M4.28M2.55M12.35M6.60M6.44M8.56M9.15M10.64M14.34M9.66M9.96M54.72M20.66M35.69M12.89M42.13M53.77M25.61M123.06M170.30M61.13M151.40M70.09M84.04M58.64M33.30M391.75M66.80M85.59M
Total Debt150.00M154.60M153.21M304.20M397.21M394.61M595.53M638.66M804.06M984.90M1.32B1.35B1.25B1.66B1.76B2.09B4.10B2.36B2.82B3.04B5.08B5.36B5.60B5.74B6.18B5.89B6.49B6.63B6.03B6.27B6.65B6.90B
Net Debt150.00M154.60M110.50M299.92M394.67M382.26M588.93M632.22M795.50M975.75M1.31B1.35B1.24B1.66B1.76B2.07B2.22B2.35B2.78B2.98B5.06B5.19B5.39B5.63B5.45B5.82B6.24B6.30B5.99B5.88B6.59B6.82B

Cash Flow

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow12.10M16.60M20.14M46.90M59.03M83.57M92.16M98.87M85.73M103.32M121.74M124.61M159.94M190.88M181.24M173.59M175.53M216.57M267.50M304.98M492.98M617.41M712.52M766.15M826.55M919.08M803.11M905.26M975.65M980.06M1.07B1.07B
Investing Cash Flow-94.80M-5.00M-85.00M-263.05M-179.90M-120.78M-181.60M-63.81M-85.72M-143.13M-125.06M-30.84M-312.88M-377.87M-285.02M-218.96M-510.87M-425.78M-812.14M-453.70M-1.15B-725.56M-421.41M-477.24M-59.89M-527.69M-416.90M-397.40M145.96M-145.14M-973.05M-552.48M
Financing Cash Flow82.20M-10.10M107.78M205.73M119.13M47.02M83.69M-35.22M2.11M40.40M-803.00K-90.07M148.27M187.29M135.74M24.12M328.43M208.35M550.36M148.60M520.61M108.21M-255.87M-310.84M-676.39M-461.69M-383.26M-533.26M-1.14B-477.27M-419.74M-512.20M
Capital Expenditure09.50M101.43M275.31M196.28M162.91M117.54M75.14M174.22M117.30M235.96M235.65M539.72M556.71M299.39M192.44M486.22M33.71M38.11M40.93M78.86M57.28M60.01M70.99M81.68M101.69M90.08M121.19M163.19M140.37M136.40M140.35M
Free Cash Flow12.10M7.10M-81.29M-228.41M-137.24M-79.35M-25.38M23.73M-88.49M-13.98M-114.22M-111.04M-379.79M-365.83M-118.15M-18.86M-310.69M182.87M229.39M264.05M414.12M560.13M652.51M695.16M744.87M817.39M713.02M784.06M812.46M839.69M931.91M934.08M
Dividends Paid4.00M10.50M12.01M25.05M35.07M38.63M42.42M49.99M55.60M68.38M72.72M76.26M80.45M97.64M109.49M117.10M123.63M138.62M156.25M180.67M260.57M367.26M411.13M450.63M484.18M528.46M536.10M542.86M565.92M586.98M620.47M654.07M
FCF to OCF100.00%42.77%-403.74%-487.04%-232.48%-94.95%-27.53%24.01%-103.22%-13.53%-93.82%-89.11%-237.46%-191.66%-65.19%-10.86%-177.00%84.44%85.75%86.58%84.00%90.72%91.58%90.73%90.12%88.94%88.78%86.61%83.27%85.68%87.23%86.94%
Dividend Paid to FCF33.06%147.89%-14.77%-10.97%-25.56%-48.69%-167.18%210.61%-62.83%-489.07%-63.67%-68.68%-21.18%-26.69%-92.67%-621.03%-39.79%75.81%68.12%68.42%62.92%65.57%63.01%64.82%65.00%64.65%75.19%69.24%69.66%69.90%66.58%70.02%

Earnings

Report DateMar 31, 1998Jun 30, 1998Sep 30, 1998Dec 31, 1998Mar 31, 1999Jun 30, 1999Sep 30, 1999Dec 31, 1999Mar 31, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Apr 25, 2001Jul 25, 2001Oct 24, 2001Feb 6, 2002Apr 24, 2002Jul 31, 2002Oct 30, 2002Feb 5, 2003Apr 30, 2003Aug 12, 2003Oct 29, 2003Feb 4, 2004Apr 28, 2004Jul 28, 2004Oct 27, 2004Feb 2, 2005May 4, 2005Aug 3, 2005Nov 1, 2005Feb 8, 2006May 3, 2006Aug 2, 2006Nov 1, 2006Feb 7, 2007May 2, 2007Aug 1, 2007Oct 31, 2007Feb 6, 2008Apr 30, 2008Jul 30, 2008Oct 29, 2008Feb 4, 2009Apr 29, 2009Aug 5, 2009Nov 3, 2009Feb 4, 2010May 5, 2010Aug 4, 2010Nov 3, 2010Feb 3, 2011May 4, 2011Aug 3, 2011Nov 3, 2011Feb 1, 2012May 2, 2012Aug 1, 2012Oct 31, 2012Jan 31, 2013May 1, 2013Jul 31, 2013Oct 30, 2013Jan 30, 2014May 7, 2014Aug 6, 2014Oct 30, 2014Feb 4, 2015May 6, 2015Jul 30, 2015Oct 29, 2015Feb 4, 2016Apr 28, 2016Jul 28, 2016Oct 27, 2016Feb 2, 2017Apr 27, 2017Jul 27, 2017Nov 1, 2017Feb 7, 2018May 2, 2018Aug 1, 2018Oct 29, 2018Jan 30, 2019Apr 24, 2019Jul 24, 2019Oct 23, 2019Jan 29, 2020May 6, 2020Aug 3, 2020Oct 28, 2020Feb 4, 2021Apr 27, 2021Jul 29, 2021Oct 26, 2021Feb 2, 2022Apr 26, 2022Jul 26, 2022Oct 26, 2022Feb 7, 2023Apr 27, 2023Jul 27, 2023Oct 26, 2023Feb 6, 2024Apr 30, 2024Jul 30, 2024Oct 29, 2024Feb 4, 2025Apr 29, 2025Jul 29, 2025Oct 29, 2025Feb 4, 2026Apr 28, 2026Jul 29, 2026Nov 4, 2026
EPS Estimate------------0.590.600.62-0.610.630.580.520.490.520.520.460.480.390.290.680.310.220.250.180.320.340.340.390.650.430.450.400.470.370.420.390.350.250.300.220.520.200.270.310.250.180.290.330.440.350.400.410.510.500.760.560.560.850.180.360.470.520.550.680.670.840.920.971.081.001.051.231.061.161.201.141.211.291.401.431.501.161.170.960.980.991.041.051.281.581.411.401.311.391.441.461.361.451.351.361.411.411.671.471.434.034.00
EPS Actual0.380.400.340.190.450.470.700.700.680.540.540.590.590.610.790.590.610.690.570.510.480.500.430.290.260.231.490.130.900.380.350.200.430.280.450.630.930.390.390.200.630.380.400.610.570.430.740.240.450.320.210.240.270.210.280.420.351.110.491.280.680.640.500.410.580.490.420.650.530.530.650.711.191.101.002.981.401.041.211.591.381.521.221.761.311.401.422.001.211.141.421.481.101.001.212.251.080.871.191.371.461.581.371.012.061.431.340.651.441.481.591.251.654.08-
Surprise------------0.00%1.67%27.42%-0.00%9.52%-1.72%-1.92%-2.04%-3.85%-17.31%-36.96%-45.83%-41.03%413.79%-80.88%190.32%72.73%40.00%11.11%34.38%-17.65%32.35%61.54%43.08%-9.30%-13.33%-50.00%34.04%2.70%-4.76%56.41%62.86%72.00%146.67%9.09%-13.46%60.00%-22.22%-22.58%8.00%16.67%-3.45%27.27%-20.45%217.14%22.50%212.20%33.33%28.00%-34.21%-26.79%3.57%-42.35%133.33%80.56%12.77%1.92%18.18%4.41%77.61%30.95%8.70%207.22%29.63%4.00%15.24%29.27%30.19%31.03%1.67%54.39%8.26%8.53%1.43%39.86%-19.33%-1.72%21.37%54.17%12.24%1.01%16.35%114.29%-15.63%-44.94%-15.60%-2.14%11.45%13.67%-4.86%-30.82%51.47%-1.38%-0.74%-52.21%2.13%4.96%-4.79%-14.97%15.38%1.24%-
Timing------------After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap18.72B
Enterprise Value24.17B
Trailing P/E42.37
Forward P/E43.86
PEG Ratio7.39
Price / Sales9.45
Price / Book3.32
EPS6.41
Book Value82.83
Revenue (TTM)1.98B
Gross Profit (TTM)1.36B
EBITDA1.23B
Profit Margin20.89%
Operating Margin33.98%
Return on Equity7.71%
Return on Assets2.96%
Shares Outstanding64.26M
Shares Float63.55M
Beta0.71
Dividend Yield3.81%
Dividend Rate10.36
Payout Ratio120.65%

Analyst Ratings

Hold
Based on 27 analystsTarget 304.07
  • Strong Buy
    3
  • Buy
    6
  • Hold
    16
  • Sell
    1
  • Strong Sell
    1

Ownership Breakdown

Institutions
104.48%
Insiders
0.73%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    7.26M11.29%
  • Vanguard Portfolio Management, LLC
    5.49M8.54%
  • State Street Corp
    5.23M8.13%
  • Cohen & Steers Inc
    4.91M7.65%
  • Vanguard Capital Management, LLC
    4.20M6.53%
  • T. Rowe Price Associates, Inc.
    3.35M5.21%
  • Principal Financial Group Inc
    2.09M3.26%
  • Geode Capital Management, LLC
    1.92M2.99%
  • NORGES BANK
    1.61M2.50%
  • Resolution Capital Limited
    1.03M1.60%
  • Dimensional Fund Advisors, Inc.
    1.00M1.56%
  • Amvescap Plc.
    939.24K1.46%
  • Daiwa Securities Group Inc
    924.80K1.44%
  • Legal & General Group PLC
    902.92K1.40%
  • Charles Schwab Investment Management Inc
    887.50K1.38%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    2.42M3.76%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.04M3.18%
  • Vanguard 500 Index Investor
    1.71M2.66%
  • Vanguard Small Cap Index
    1.48M2.30%
  • Vanguard MStar Small Cap Value Index
    939.02K1.46%

Dividends

20264×
2.59Sep 30, 20262.59Jun 30, 20262.59Mar 31, 20262.57Jan 2, 2026
20254×
2.57Sep 30, 20252.57Jun 30, 20252.57Mar 31, 20252.45Jan 2, 2025
20243×
2.45Sep 30, 20242.45Jun 28, 20242.45Mar 27, 2024
20234×
2.31Dec 29, 20232.31Sep 28, 20232.31Jun 29, 20232.31Mar 30, 2023
20224×
2.20Dec 30, 20222.20Sep 29, 20222.20Jun 29, 20222.20Mar 30, 2022
20214×
2.09Dec 31, 20212.09Sep 29, 20212.09Jun 29, 20212.09Mar 30, 2021
20201×
2.08Dec 31, 2020