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StockVS

NYSE · REIT - Residential · USD

Essex Property Trust, Inc. (ESS) Stock Analysis

Essex Property Trust, Inc. (ESS) is a REIT - Residential stock listed on NYSE and quoted in US Dollar.

ESS

$278.61

−$0.04 (−0.01%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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ESS Key Statistics

As of Sep 4, 2026
Trading
Open
$277.36
Previous Close
$278.65
Day's Range
275.68–280.33
52-Week Range
238.46–303.35
Volume
418.80K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.71
Valuation
Market Cap
$19.21B
P/E Ratio
43.46
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
44.64
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
7.02
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
9.70
EPS (ttm)Profit attributable to each share over the last twelve months.
6.41
Financials (FY)
Revenue (FY)
$1.89B+6.36%
Net Income (FY)
$669.67M−9.69%
Profit marginThe share of revenue left as profit after all costs and taxes.
20.89%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
64.27M
1-Year Return
+9.53%
Dividend and dates
Dividend
$10.36+3.72%
Ex-Dividend Date
June 30, 2026
Earnings Date
October 27, 2026estimated
Avg Volume
478.81K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

ESS Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+9.65%
2025−4.98%
2024+18.36%
2023+21.97%
2022−37.76%
2021+52.40%
2020−18.09%
2019+25.92%
2018+4.83%
2017+6.82%
2016 (partial year)+1.11%

As of September 4, 2026.

ESS Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$1.89B$669.67M35.5%
2024$1.77B$741.52M41.8%
2023$1.67B$405.83M24.3%
2022$1.61B$408.32M25.4%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$1.89B$1.28B$601.91M$669.67M35.5%
2024$1.77B$1.21B$528.51M$741.52M41.8%
2023$1.67B$1.14B$525.44M$405.83M24.3%
2022$1.61B$1.10B$513.18M$408.32M25.4%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

ESS Dividend History

$10.16+38.2% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$7.753—
2025$10.164+38.2%
2024$7.353−20.5%
2023$9.244+5.0%
YearDividends per sharePaymentsChange
2026 (partial year)$7.753—
2025$10.164+38.2%
2024$7.353−20.5%
2023$9.244+5.0%
2022$8.804+5.3%
2021$8.364+0.6%
2020$8.314+6.6%
2019$7.804+4.8%
2018$7.444+6.3%
2017$7.004+118.7%
2016$3.202—

Most recent payment: $2.58 per share, ex-dividend June 30, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

ESS Valuation vs REIT - Residential Median

Median of 23 stocks
MetricESSREIT - Residential medianvs median
P/E43.4628.6852% above
P/S ratio9.706.6546% above
Profit margin20.89%20.86%0.0 pts above

Medians across 23 REIT - Residential stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Essex Property Trust, Inc. (ESS) at $19.21B. It is classified in the REIT - Residential industry, within the Real Estate sector. Headcount on file is 1,686.

The 52-week range on file runs from $238.46 to $303.35. The most recent close on file for ESS is $278.61, dated September 4, 2026. That is −$0.04 (−0.01%) against the previous close. The latest close sits 16.84% above that 52-week low.

Financial Health

In fiscal 2025, Essex Property Trust, Inc. reported revenue of $1.89B. That is +6.36% against the prior fiscal year, when revenue was $1.77B. Net income for the same year was $669.67M. That is −9.69% against the prior fiscal year. Profit margin runs at 20.89%. Trailing earnings per share are 6.41.

Across the 4 fiscal years on file, revenue moves from $1.61B in 2022 to $1.89B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

ESS trades at a trailing price-to-earnings ratio of 43.46. That is 51.53% above the REIT - Residential median of 28.68. The forward P/E on file is 44.64. The PEG ratio, which sets the P/E against expected earnings growth, reads 7.02. Measured against sales, the shares trade at 9.7 times revenue. On price-to-sales that is 45.73% above the REIT - Residential median of 6.65. 23 REIT - Residential companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 0.71. Daily returns over the trailing 10 years annualize to a volatility of 25.84%. The trailing one-year price return is +9.53%. Across 10 years the annualized return works out at +5.57%.

Growth & Income

Shareholders receive a dividend, yielding 3.72% on the latest price. That is 0.5 percentage points below the REIT - Residential median yield of 4.27%. At the indicated rate that is $10.36 a share a year. The ex-dividend date on file is June 30, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $7.75 a share. The year before, 2025, totalled $10.16 a share.

2026 is still running; the price is +9.65% year to date. The strongest complete calendar year on file is 2021 at +52.40%; the weakest is 2022 at −37.76%. Of the 9 complete calendar years on file, 6 finished higher.

Peer Comparison

Essex Property Trust, Inc. (ESS) operates in the REIT - Residential industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Essex Property Trust, Inc. ESS $19.21B 43.5
AvalonBay Communities, Inc. VMRK $50.57B 25.0
AvalonBay Communities Inc AVB $26.28B 25.3
Equity Residential EQR $24.61B 28.7

The REIT - Residential industry average P/E ratio is 28.7x. Essex Property Trust, Inc. trades at a P/E of 43.5.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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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.

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