Essex Property Trust Inc

Research Essex Property Trust Inc (ESS) on Bullrun: valuation model: 7.0% overvalued, market cap USD 17.45B, P/E 42.3, dividend yield 3.8%. Explore financials, valuation history, model signals, and stock context.

Key Metrics

Valuation Snapshot

Bullrun's latest valuation model marks Essex Property Trust Inc as 7.0% overvalued; latest market cap is USD 17.45B; P/E is 42.3; dividend yield is 3.8%.

Peer valuation comparison

Latest P/E is 42.27x versus a Real Estate sector median of 14.08x (200.2% above).

Latest dividend yield is 3.82% versus a Real Estate sector median of 4.76% (19.7% below).

Five-year financial history

YearRevenueNet incomeFree cash flowGross marginDiluted EPSCashTotal debtEquity
FY2025USD 9.38MUSD 702.77MUSD 934.08M14060.1%10.4USD 76.24MUSD 6.85BUSD 5.54B
FY2024USD 10.27MUSD 811.31MUSD 931.91M12105.7%11.54USD 66.80MUSD 6.65BUSD 5.54B
FY2023USD 11.13MUSD 430.71MUSD 839.69M10515.7%6.32USD 391.75MUSD 6.27BUSD 5.42B
FY2022USD 11.14MUSD 432.99MUSD 812.46M10130.2%6.27USD 33.30MUSD 6.03BUSD 5.72B

Valuation history

YearSnapshot dateMarket capP/EDividend yieldAnnual dividend/share
20262026-10-09USD 17.45B42.33.8%10.34
20252025-12-31USD 16.86B25.23.9%10.16
20242024-12-31USD 18.35B24.72.6%7.35
20232023-12-29USD 15.91B30.44.6%11.44
20222022-12-30USD 13.72B38.45.1%10.89
20212021-12-31USD 22.98B47.02.4%8.36

Dividend history

Latest trailing dividend snapshot: annual dividend/share 10.34 USD, yield 3.8%.

YearDividends/share
FY202510.28 USD
FY20249.8 USD
FY20239.24 USD
FY20228.8 USD

About Essex Property Trust Inc

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.

ETFs that hold Essex Property Trust Inc

Essex Property Trust Inc is one of the ten largest holdings of 2 ETFs that investors in Europe can buy, most traded first:

ETFWeightTER
HSBC FTSE EPRA NAREIT Developed Islamic UCITS ETF USD (Acc)2.08%0.35%
Xtrackers Developed Green Real Estate ESG UCITS ETF 1C3.13%0.18%

Related stock research

United States stocks United States Real Estate stocks A-Z stock index

Other Real Estate stocks

Apartment Investment & Management Co. - Class A (AIV) American Homes 4 Rent - Class A (AMH) Bluerock Homes Trust Inc - Class A (BHM) BRT Apartments Corp (BRT) Clipper Realty Inc (CLPR) Camden Property Trust (CPT) Centerspace (CSR) Elme Communities (ELME) Equity Lifestyle Properties Inc (ELS) Invitation Homes Inc (INVH) Independence Realty Trust Inc (IRT) Mid-America Apartment Communities Inc (MAA)

Frequently asked questions

Is Essex Property Trust Inc overvalued or undervalued?

Bullrun's valuation model currently marks Essex Property Trust Inc as 7.0% overvalued.

What is Essex Property Trust Inc's market cap?

Essex Property Trust Inc's market capitalization is USD 17.45B.

What is Essex Property Trust Inc's P/E ratio?

Essex Property Trust Inc's price-to-earnings (P/E) ratio is 42.3.

Does Essex Property Trust Inc pay a dividend?

Essex Property Trust Inc has a dividend yield of 3.8%.

What does Essex Property Trust Inc do?

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.