ESSEX PROPERTY TRUST, INC. ESS

Latest FY: 2025 Real Estate REIT - Residential
Market Price $271.44
Market Cap $17.44B
P/E Ratio 26.10
Quick Peer Compare (Real Estate):
Revenue (FY 2025) ↑6.4% YoY
$1.89B
3-Yr CAGR: 453.4%
Net Income ↓-9.7% YoY
$669.67M
Net Margin: 35.5%
Free Cash Flow ↑82.4% YoY
$99.27M
FCF Yield: 0.57%
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)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Div / Sh Div Yield Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $1,294.0M $461.6M $415.0M $6.27 0.00% $712.5M
FY 2017 $1,363.9M +5.4% $487.9M $433.1M +4.4% $6.57 +4.8% 0.00% $766.2M
FY 2018 $1,400.1M +2.7% $503.6M $390.2M -9.9% $5.90 -10.2% $7.44 3.03% $826.6M
FY 2019 $1,460.2M +4.3% $535.4M $439.3M +12.6% $6.66 +12.9% $7.80 2.59% $919.1M
FY 2020 $9.6M -99.3% $-537.6M $568.9M +29.5% $8.69 +30.5% $8.31 3.50% $803.1M
FY 2021 $9.1M -4.8% $-563.6M $488.6M -14.1% $7.51 -13.6% $8.36 2.37% $905.3M
FY 2022 $11.1M +21.9% $-467.3M $408.3M -16.4% $6.27 -16.5% $8.80 4.15% $975.6M $829.3M
FY 2023 $1,669.4M +14,886.9% $1,170.5M $405.8M -0.6% $6.32 +0.8% $9.14 3.68% $980.1M $874.5M +5.4%
FY 2024 $1,774.5M +6.3% $1,244.7M $741.5M +82.7% $11.54 +82.6% $9.66 3.38% $1,068.3M $54.4M -93.8%
FY 2025 $1,887.3M +6.4% $1,319.0M $669.7M -9.7% $10.40 -9.9% $10.16 3.88% $1,074.4M $99.3M +82.4%
$

Valuation

Market Price $271.44
Market Cap $17.44B
Enterprise Value $17.37B
P/E Ratio 26.10
P/B Ratio 3.15
FCF Yield 0.57%
Dividend Yield 3.74%
Shares Outstanding 64,261,700
%

Profitability & Margins

Gross Margin 69.89%
Operating Margin 47.65%
Net Margin 35.48%
Return on Equity (ROE) 12.08%
Return on Assets (ROA) 5.09%
Asset Turnover 0.14x
Revenue 3-Yr CAGR 453.35%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity 0.000
Debt / Assets 0.000
Cash & Equivalents $76.24M
Total Debt N/A
Book Value / Share $86.23
💧

Cash Flow Efficiency

Operating Cash Flow $1.07B
Capital Expenditures (CapEx) $975.16M
Free Cash Flow $99.27M
OCF / Revenue 56.93%
FCF / Revenue 5.26%
FCF 3-Yr CAGR -50.72%
🏷️

Per Share Metrics

EPS (Diluted) $10.40
EPS (Basic) $10.40
Dividends / Share $10.16
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