Essex Property Trust, Inc.(ESS) Stock Research - Grey Stern Research
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Essex Property Trust, Inc. (ESS) Stock Analysis

$293.18 (0.75%)

ESS Financial Performance


Use the table below to view Essex Property Trust, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $280.61 -
52 Week Low $204.64 -
52 Week High $317.73 -
Market Cap $18.0 Billion 1/1
Gross Margin 36% 1/1
Profit Margin 21% 1/1
EBITDA margin 64% 1/1
Q2 - 2024 Revenue $442.4 Million 1/1
Q2 - 2024 Earnings $92.9 Million 1/1
Q2 - 2024 Free Cash Flow $190.8 Million 1/1
Trailing 4 Quarters Revenue $1.7 Billion 1/1
Trailing 4 Quarters Earnings $355.0 Million 1/1
Quarterly Earnings Growth -7% 1/1
Annual Earnings Growth -37% 1/1
Quarterly Revenue Growth 6% 1/1
Annual Revenue Growth 3% 1/1
Cash On Hand $64.2 Million 1/1
Short Term Debt $1.6 Million 1/1
Long Term Debt $6.3 Billion 1/1

Essex Property Trust, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Essex Property Trust, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 50.81 1/1
PS 10.54 1/1
PB 3.17 1/1
PC 281.12 1/1
Liabilities to Equity 1.24 1/1
ROA 0.03 1/1
ROE 0.06 1/1
Current Ratio 1.83 1/1
Quick Ratio 0.01 1/1
Long Term Debt to Equity 1.15 1/1
Debt to Equity 1.16 1/1
Burn Rate 0.40 1/1
Cash to Cap 0.00 1/1
CCR 2.05 1/1
EV to EBITDA 85.40 1/1
EV to Revenue 14.21 1/1

Company Details

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.

CEO: Ms. Angela L. Kleiman

Website: https://www.essexapartmenthomes.com

Address: 1100 Park Place San Mateo, CA

Exchange: New York Stock Exchange

Industry: REIT—Residential

Essex Property Trust, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Essex Property Trust, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
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Income Statement
Balance Sheet
Cash Flow Statement
ESS Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 450.7 Million $118.4 Million
Q2 2024 $ 442.4 Million $92.9 Million
Q1 2024 $ 426.9 Million $272.7 Million
Q4 2023 $ 421.7 Million -$5.0 Million
Q3 2023 $ 419.2 Million -$5.7 Million
Q2 2023 $ 416.0 Million $99.6 Million
Q1 2023 $ 412.4 Million $153.5 Million
Q4 2022 $ 415.2 Million $185.2 Million

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ESS Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $71.3 Million $12.6 Billion $6.4 Billion $5.7 Billion
Q2 2024 $64.2 Million $12.5 Billion $6.3 Billion $5.7 Billion
Q1 2024 $507.9 Million $12.9 Billion $6.6 Billion $5.8 Billion
Q4 2023 $0 $384,000 $0 $0
Q3 2023 $400.5 Million $12.5 Billion $6.3 Billion $5.5 Billion
Q2 2023 $69.1 Million $12.2 Billion $6.0 Billion $5.6 Billion
Q1 2023 $77.2 Million $12.3 Billion $6.0 Billion $5.6 Billion
Q4 2022 $42.7 Million $12.4 Billion $6.0 Billion $5.7 Billion

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ESS Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $279.6 Million -$36.6 Million $16.1 Million
Q2 2024 $190.8 Million -$34.6 Million -$443.7 Million
Q1 2024 $288.5 Million -$26.4 Million $107.5 Million
Q4 2023 $203.4 Million $0 $203.4 Million
Q3 2023 $224.6 Million $0 $224.6 Million
Q2 2023 $238.1 Million $0 $238.1 Million
Q1 2023 $255.8 Million -$21.1 Million $34.5 Million
Q4 2022 $110.8 Million -$56.1 Million -$10.9 Million

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