Essex Property Trust, Inc. (ESS) Stock

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.

Essex Property Trust, Inc. is headquartered in US.

Essex Property Trust, Inc. (ESS) stock trades at $293.55 with a market capitalization of $18.86B. The stock is valued at a price-to-earnings (P/E) ratio of 32.98, price-to-book of 3.48, price-to-sales of 9.89. Over the past 52 weeks the stock has ranged between $238.46 and $303.35, and currently trades 3.2% below its 52-week high. It pays a dividend yielding 3.53%.

On profitability, Essex Property Trust, Inc. generates a return on equity (ROE) of 10.35%, return on capital employed of 5.84%, an operating margin of 38.38%, a net profit margin of 30.17%.

In its most recent fiscal year, Essex Property Trust, Inc. reported annual revenue of $1.9B, net profit of $672.0M. Over the last 5 fiscal years, revenue grew at an average annual rate of 4.9%, and net profit grew at an average annual rate of 3.4%.

The balance sheet shows a debt-to-equity ratio of 1.26, a current ratio of 0.45, total assets of $13.2B, $86.0M in cash and equivalents.

ESS has an average daily trading volume of 479,914 shares, a beta of 0.71 (historically less volatile than the overall market).

Official website: www.essexapartmenthomes.com

Essex Property Trust, Inc. by the numbers, 2016–2025

Between 2016 and 2025 Essex Property Trust, Inc. reported revenue of $1.3B rising to $1.9B, a change of +46.9% across 10 years. Compounded, revenue has grown 4.9% a year over five years, 5.8% over three, 7.2% over the last twelve months. Net profit rose to $672.0M.

Operating margin went from 32.5% in 2016 to 43.9% in 2025, a gain of 11.4 percentage points. The most recent net margin is 30.17%. On a trailing twelve-month basis to Mar '26, revenue is $1.9B and net profit $575.0M.

Borrowings rose from $5.6B to $6.9B, cash on hand is $47.4M, cash from operations was $1.1B in the latest year, positive in 10 of the last 10.

Return on equity has averaged 9.7% over five years, and was 12.1% in the most recent year.

The share price itself has compounded at —% a year over five years, 11.3% over three, 6.5% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Essex Property Trust, Inc. (ESS) — frequently asked questions