Essex Property Trust Key Fundamental Indicators

ESS Stock  USD 251.87  1.99  0.80%   
As of the 2nd of February, Essex Property shows the Mean Deviation of 1.01, variance of 1.63, and Standard Deviation of 1.28. Essex Property Trust technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Essex Property Trust market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Essex Property Trust is priced favorably, providing market reflects its regular price of 251.87 per share. Given that Essex Property has information ratio of (0.07), we urge you to verify Essex Property Trust's prevailing market performance to make sure the company can sustain itself at a future point.

Essex Property Total Revenue

2.14 Billion

Essex Property's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Essex Property's valuation are provided below:
Gross Profit
1.3 B
Profit Margin
0.4417
Market Capitalization
17.4 B
Enterprise Value Revenue
12.1671
Revenue
1.9 B
There are over one hundred nineteen available fundamental signals for Essex Property Trust, which can be analyzed over time and compared to other ratios. All traders should verify Essex Property's prevailing fundamentals against the performance from 2010 to 2026 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 15.1 B in 2026. Enterprise Value is likely to gain to about 20.6 B in 2026 This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
At this time, Essex Property's EBITDA is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 130.7 M in 2026, whereas Total Operating Expenses is likely to drop slightly above 344.6 M in 2026.
  
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Essex Property Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets15.6 B14.9 B10.7 B
Slightly volatile
Short and Long Term Debt TotalB7.7 B5.3 B
Slightly volatile
Total Current Liabilities640.6 M610.1 M370.1 M
Slightly volatile
Total Stockholder Equity6.7 B6.4 B4.9 B
Slightly volatile
Property Plant And Equipment Net56.3 M59.3 M3.8 B
Slightly volatile
Net DebtB7.6 B5.1 B
Slightly volatile
Non Current Assets Total15.2 B14.5 B10.3 B
Slightly volatile
Common Stock Shares Outstanding40.7 M73.9 M55.2 M
Slightly volatile
Liabilities And Stockholders Equity15.6 B14.9 B10.7 B
Slightly volatile
Non Current Liabilities TotalB7.6 B5.3 B
Slightly volatile
Other Stockholder Equity8.1 B7.7 B5.9 B
Slightly volatile
Total Liabilities8.7 B8.3 B5.6 B
Slightly volatile
Short Term Debt302.3 M158.6 M191.4 M
Slightly volatile
Accounts Payable256.9 M244.7 M140.5 M
Slightly volatile
Cash60.4 M76.8 M89.7 M
Slightly volatile
Cash And Short Term Investments137.3 M157.1 M205.1 M
Slightly volatile
Net Receivables249.6 M237.7 M124 M
Slightly volatile
Common Stock Total EquityK6.9 K5.4 K
Slightly volatile
Property Plant And Equipment Gross44.1 M46.4 M282.1 M
Slightly volatile
Total Current Assets255.3 M405.2 M362.3 M
Slightly volatile
Common Stock4.2 K6.9 K5.4 K
Slightly volatile
Other Liabilities86.9 M43.5 M93.3 M
Very volatile
Long Term Debt3.7 B7.4 B4.9 B
Slightly volatile
Short Term Investments95.9 M80.3 M117.6 M
Pretty Stable
Net Tangible Assets5.5 B6.6 BB
Slightly volatile
Long Term Debt Total5.6 B7.6 B5.2 B
Slightly volatile
Capital Surpluse6.4 B7.7 B5.8 B
Slightly volatile
Long Term Investments1.1 B1.1 B985.8 M
Slightly volatile
Non Current Liabilities Other145.6 M148.9 M122.2 M
Slightly volatile
Warrants33.5 M31.2 M28.1 M
Slightly volatile
Short and Long Term Debt188.2 M158.6 M139.6 M
Slightly volatile
Cash And Equivalents114.6 M76.8 M89.3 M
Slightly volatile
Net Invested Capital9.6 B10.9 B11.8 B
Slightly volatile
Capital Stock5.1 K5.4 K6.6 K
Slightly volatile
Capital Lease Obligations54.4 M47.2 M70.6 M
Slightly volatile

Essex Property Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization700.6 M667.3 M429.6 M
Slightly volatile
Selling General Administrative119.4 M113.7 M53.5 M
Slightly volatile
Selling And Marketing Expenses2.2 M3.8 M3.1 M
Slightly volatile
Total Revenue2.1 BB1.3 B
Slightly volatile
Gross Profit1.5 B1.4 B952 M
Slightly volatile
Other Operating Expenses1.3 B1.2 B823.9 M
Slightly volatile
Operating Income849 M808.6 M441.4 M
Slightly volatile
EBIT1.3 B1.2 B699.2 M
Slightly volatile
EBITDAB1.9 B1.1 B
Slightly volatile
Net Income895.4 M852.8 M395.6 M
Slightly volatile
Income Before Tax979.7 M933 M508.6 M
Slightly volatile
Cost Of Revenue684.4 M651.8 M316.9 M
Slightly volatile
Net Income Applicable To Common Shares895.4 M852.8 M395.8 M
Slightly volatile
Extraordinary Items1.3 M1.4 M4.3 M
Slightly volatile
Net Income From Continuing Ops979.7 M933 M414.1 M
Slightly volatile
Non Operating Income Net Other16.3 M17.1 M87.5 M
Pretty Stable
Discontinued Operations22.7 M35.8 M27.2 M
Slightly volatile
Preferred Stock And Other AdjustmentsM3.5 M4.4 M
Slightly volatile
Non Recurring1.8 M1.9 M5.9 M
Pretty Stable
Interest Income72.1 M93.1 M94.8 M
Slightly volatile
Reconciled Depreciation569.8 M667.3 M509.6 M
Slightly volatile

Essex Property Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow1.1 B1.1 B638.3 M
Slightly volatile
Begin Period Cash Flow483.4 M460.4 M118.2 M
Slightly volatile
Depreciation700.6 M667.3 M431 M
Slightly volatile
Dividends Paid749.2 M713.5 M429.2 M
Slightly volatile
Total Cash From Operating Activities1.3 B1.2 B728.6 M
Slightly volatile
Net Income979.7 M933 M425.4 M
Slightly volatile
End Period Cash Flow49.8 M87.2 M78.3 M
Slightly volatile
Stock Based Compensation7.2 M8.2 M6.9 M
Slightly volatile
Issuance Of Capital Stock58 M65.3 M71.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.439.310.4062
Very volatile
Dividend Yield0.04570.03890.0322
Slightly volatile
PTB Ratio1.942.982.6605
Slightly volatile
Days Sales Outstanding57.6148.937.8626
Pretty Stable
Book Value Per Share46.8380.5979.7561
Slightly volatile
Free Cash Flow Yield0.0480.04570.0495
Pretty Stable
Operating Cash Flow Per Share15.7214.9711.4926
Slightly volatile
Stock Based Compensation To Revenue0.00690.00460.0061
Slightly volatile
Capex To Depreciation0.260.270.2568
Slightly volatile
PB Ratio1.942.982.6605
Slightly volatile
EV To Sales9.7612.6414.7976
Pretty Stable
Free Cash Flow Per Share13.7113.0610.066
Slightly volatile
ROIC0.06790.06450.0694
Slightly volatile
Inventory Turnover6.714.24.8863
Pretty Stable
Net Income Per Share10.9110.396.036
Slightly volatile
Days Of Inventory On Hand82.589.9591.0362
Pretty Stable
Payables Turnover2.513.062.274
Very volatile
Sales General And Administrative To Revenue0.06730.06410.0416
Slightly volatile
Capex To Revenue0.0840.08840.0786
Pretty Stable
Cash Per Share1.961.913.392
Pretty Stable
POCF Ratio12.5215.4418.7088
Pretty Stable
Interest Coverage1.522.692.0033
Slightly volatile
Payout Ratio1.10.751.3104
Slightly volatile
Capex To Operating Cash Flow0.140.150.154
Slightly volatile
PFCF Ratio18.5917.7121.5654
Very volatile
Days Payables Outstanding146123184
Very volatile
Income Quality2.391.512.1995
Slightly volatile
ROE0.06050.120.0699
Slightly volatile
EV To Operating Cash Flow19.2220.9926.6945
Slightly volatile
PE Ratio30.4422.2544.0367
Slightly volatile
Return On Tangible Assets0.05420.05170.0327
Slightly volatile
EV To Free Cash Flow25.2724.0730.5548
Slightly volatile
Earnings Yield0.03860.04650.0272
Slightly volatile
Intangibles To Total Assets5.0E-45.0E-46.0E-4
Slightly volatile
Net Debt To EBITDA6.344.665.1999
Slightly volatile
Current Ratio1.230.760.9373
Slightly volatile
Tangible Book Value Per Share46.8280.4879.742
Slightly volatile
Receivables Turnover11.097.7315.9693
Pretty Stable
Graham Number141135101
Slightly volatile
Shareholders Equity Per Share43.1777.5976.6904
Slightly volatile
Debt To Equity1.51.381.1977
Pretty Stable
Capex Per Share2.322.441.5655
Slightly volatile
Revenue Per Share26.1124.8620.1741
Slightly volatile
Interest Debt Per Share52.9996.5485.8139
Slightly volatile
Debt To Assets0.410.460.4926
Slightly volatile
Enterprise Value Over EBITDA13.2513.7817.1502
Pretty Stable
Short Term Coverage Ratios4.876.978.4412
Pretty Stable
Price Earnings Ratio30.4422.2544.0367
Slightly volatile
Operating Cycle73.2548.963.0494
Very volatile
Price Book Value Ratio1.942.982.6605
Slightly volatile
Days Of Payables Outstanding146123184
Very volatile
Dividend Payout Ratio1.10.751.3104
Slightly volatile
Price To Operating Cash Flows Ratio12.5215.4418.7088
Pretty Stable
Price To Free Cash Flows Ratio18.5917.7121.5654
Very volatile
Pretax Profit Margin0.220.410.3446
Slightly volatile
Ebt Per Ebit0.751.041.0116
Slightly volatile
Operating Profit Margin0.430.460.4125
Pretty Stable
Effective Tax Rate0.00190.0020.0037
Slightly volatile
Company Equity Multiplier2.852.682.3489
Pretty Stable
Long Term Debt To Capitalization0.590.620.5301
Very volatile
Total Debt To Capitalization0.610.630.54
Very volatile
Return On Capital Employed0.05470.06520.0464
Very volatile
Debt Equity Ratio1.51.381.1977
Pretty Stable
Ebit Per Revenue0.430.460.4125
Pretty Stable
Quick Ratio1.190.760.8986
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.761.271.4508
Slightly volatile
Net Income Per E B T1.131.050.8466
Pretty Stable
Cash Ratio0.160.110.1945
Slightly volatile
Operating Cash Flow Sales Ratio0.410.540.5485
Pretty Stable
Days Of Inventory Outstanding82.589.9591.0362
Pretty Stable
Days Of Sales Outstanding57.6148.937.8626
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.820.790.8401
Slightly volatile
Cash Flow Coverage Ratios0.0960.140.1254
Slightly volatile
Price To Book Ratio1.942.982.6605
Slightly volatile
Fixed Asset Turnover32.5230.9820.36
Slightly volatile
Capital Expenditure Coverage Ratio7.47.057.8308
Pretty Stable
Price Cash Flow Ratio12.5215.4418.7088
Pretty Stable
Enterprise Value Multiple13.2513.7817.1502
Pretty Stable
Debt Ratio0.410.460.4926
Slightly volatile
Cash Flow To Debt Ratio0.0960.140.1254
Slightly volatile
Price Sales Ratio6.439.310.4062
Very volatile
Return On Assets0.05420.05160.0327
Slightly volatile
Asset Turnover0.130.160.1156
Slightly volatile
Net Profit Margin0.190.380.2644
Slightly volatile
Gross Profit Margin0.590.610.7345
Very volatile
Price Fair Value1.942.982.6605
Slightly volatile
Return On Equity0.06050.120.0699
Slightly volatile

Essex Property Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap15.1 B14.3 B13.2 B
Slightly volatile
Enterprise Value20.6 B19.6 B18 B
Slightly volatile

Essex Fundamental Market Drivers

Forward Price Earnings41.6667
Cash And Short Term Investments136.6 M

Essex Upcoming Events

6th of February 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
6th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Essex Operating Margin Driver Correlations

Understanding the fundamental principles of building solid financial models for Essex Property is extremely important. It helps to project a fair market value of Essex Stock properly, considering its historical fundamentals such as Operating Margin. Since Essex Property's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Essex Property's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Essex Property's interrelated accounts and indicators.
Is there potential for Multi-Family Residential REITs market expansion? Will Essex introduce new products? Factors like these will boost the valuation of Essex Property. Projected growth potential of Essex fundamentally drives upward valuation adjustments. Understanding fair value requires weighing current performance against future potential. All the valuation information about Essex Property listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.389
Dividend Share
10.16
Earnings Share
13.25
Revenue Per Share
29.788
Quarterly Revenue Growth
0.062
Investors evaluate Essex Property Trust using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Essex Property's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Essex Property's market price to deviate significantly from intrinsic value.
It's important to distinguish between Essex Property's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Essex Property should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Essex Property's market price signifies the transaction level at which participants voluntarily complete trades.

Essex Property 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Essex Property's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Essex Property.
0.00
11/04/2025
No Change 0.00  0.0 
In 2 months and 31 days
02/02/2026
0.00
If you would invest  0.00  in Essex Property on November 4, 2025 and sell it all today you would earn a total of 0.00 from holding Essex Property Trust or generate 0.0% return on investment in Essex Property over 90 days. Essex Property is related to or competes with Mid America, Invitation Homes, Sun Communities, Annaly Capital, American Homes, Weyerhaeuser, and Kimco Realty. Essex Property Trust, Inc., an SP 500 company, is a fully integrated real estate investment trust that acquires, develop... More

Essex Property Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Essex Property's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Essex Property Trust upside and downside potential and time the market with a certain degree of confidence.

Essex Property Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Essex Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Essex Property's standard deviation. In reality, there are many statistical measures that can use Essex Property historical prices to predict the future Essex Property's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Essex Property's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
250.69251.87253.05
Details
Intrinsic
Valuation
LowRealHigh
211.04212.22277.06
Details
Naive
Forecast
LowNextHigh
249.16250.35251.53
Details
27 Analysts
Consensus
LowTargetHigh
257.26282.70313.79
Details

Essex Property February 2, 2026 Technical Indicators

Essex Property Trust Backtested Returns

Essex Property Trust secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of risk over the last 3 months. Essex Property Trust exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Essex Property's Standard Deviation of 1.28, mean deviation of 1.01, and Variance of 1.63 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.28, which means not very significant fluctuations relative to the market. As returns on the market increase, Essex Property's returns are expected to increase less than the market. However, during the bear market, the loss of holding Essex Property is expected to be smaller as well. At this point, Essex Property Trust has a negative expected return of -0.0071%. Please make sure to confirm Essex Property's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Essex Property Trust performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.07  

Virtually no predictability

Essex Property Trust has virtually no predictability. Overlapping area represents the amount of predictability between Essex Property time series from 4th of November 2025 to 19th of December 2025 and 19th of December 2025 to 2nd of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Essex Property Trust price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Essex Property price fluctuation can be explain by its past prices.
Correlation Coefficient0.07
Spearman Rank Test0.13
Residual Average0.0
Price Variance13.98
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Competition

Essex Pretax Profit Margin

Pretax Profit Margin

0.22

At this time, Essex Property's Pretax Profit Margin is comparatively stable compared to the past year.
Based on the recorded statements, Essex Property Trust has an Operating Margin of 0.3378%. This is 99.17% lower than that of the Residential REITs sector and significantly higher than that of the Real Estate industry. The operating margin for all United States stocks is 106.13% lower than that of the firm.

Essex Property Trust Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Essex Property's current stock value. Our valuation model uses many indicators to compare Essex Property value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Essex Property competition to find correlations between indicators driving Essex Property's intrinsic value. More Info.
Essex Property Trust is one of the top stocks in return on equity category among its peers. It is rated # 3 in return on asset category among its peers reporting about  0.19  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Essex Property Trust is roughly  5.23 . At this time, Essex Property's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Essex Property by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Essex Operating Margin Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Essex Property's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Essex Property could also be used in its relative valuation, which is a method of valuing Essex Property by comparing valuation metrics of similar companies.
Essex Property is currently under evaluation in operating margin category among its peers.

Essex Property Current Valuation Drivers

We derive many important indicators used in calculating different scores of Essex Property from analyzing Essex Property's financial statements. These drivers represent accounts that assess Essex Property's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Essex Property's important valuation drivers and their relationship over time.
202120222023202420252026 (projected)
Market Cap15.5B22.9B13.8B15.9B14.3B15.1B
Enterprise Value21.8B29.2B19.8B21.8B19.6B20.6B

Essex Property ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Essex Property's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Essex Property's managers, analysts, and investors.
Environmental
Governance
Social

Essex Fundamentals

About Essex Property Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Essex Property Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Essex Property using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Essex Property Trust based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue202.8 M212.9 M
Total RevenueB2.1 B
Cost Of Revenue651.8 M684.4 M
Stock Based Compensation To Revenue 0.00  0.01 
Sales General And Administrative To Revenue 0.06  0.07 
Capex To Revenue 0.09  0.08 
Revenue Per Share 24.86  26.11 
Ebit Per Revenue 0.46  0.43 

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Essex Stock Analysis

When running Essex Property's price analysis, check to measure Essex Property's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Essex Property is operating at the current time. Most of Essex Property's value examination focuses on studying past and present price action to predict the probability of Essex Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essex Property's price. Additionally, you may evaluate how the addition of Essex Property to your portfolios can decrease your overall portfolio volatility.