ESSEX PROPERTY TRUST INC (ESS) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:ESS • US2971781057

258.06 USD
+6.57 (+2.61%)
At close: Feb 6, 2026
258.06 USD
0 (0%)
After Hours: 2/6/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Taking everything into account, ESS scores 4 out of 10 in our fundamental rating. ESS was compared to 20 industry peers in the Residential REITs industry. While ESS has a great profitability rating, there are quite some concerns on its financial health. ESS has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year ESS was profitable.
  • In the past year ESS had a positive cash flow from operations.
  • ESS had positive earnings in 4 of the past 5 years.
  • ESS had a positive operating cash flow in 4 of the past 5 years.
ESS Yearly Net Income VS EBIT VS OCF VS FCFESS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M 1B

1.2 Ratios

  • With an excellent Return On Assets value of 6.44%, ESS belongs to the best of the industry, outperforming 85.00% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 15.03%, ESS belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
  • The Return On Invested Capital of ESS (3.60%) is better than 90.00% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ESS is in line with the industry average of 2.59%.
  • The 3 year average ROIC (3.38%) for ESS is below the current ROIC(3.60%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 6.44%
ROE 15.03%
ROIC 3.6%
ROA(3y)4.11%
ROA(5y)4.1%
ROE(3y)9.34%
ROE(5y)9.13%
ROIC(3y)3.38%
ROIC(5y)3.06%
ESS Yearly ROA, ROE, ROICESS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

  • The Profit Margin of ESS (45.46%) is better than 95.00% of its industry peers.
  • In the last couple of years the Profit Margin of ESS has grown nicely.
  • ESS has a better Operating Margin (30.96%) than 95.00% of its industry peers.
  • ESS's Operating Margin has declined in the last couple of years.
  • ESS has a better Gross Margin (70.42%) than 100.00% of its industry peers.
  • In the last couple of years the Gross Margin of ESS has remained more or less at the same level.
Industry RankSector Rank
OM 30.96%
PM (TTM) 45.46%
GM 70.42%
OM growth 3Y3.42%
OM growth 5Y-2.45%
PM growth 3Y7.21%
PM growth 5Y6.79%
GM growth 3Y0.78%
GM growth 5Y-0.57%
ESS Yearly Profit, Operating, Gross MarginsESS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • ESS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • ESS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
ESS Yearly Shares OutstandingESS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
ESS Yearly Total Debt VS Total AssetsESS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

  • Based on the Altman-Z score of 1.45, we must say that ESS is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of ESS (1.45) is better than 70.00% of its industry peers.
  • A Debt/Equity ratio of 1.18 is on the high side and indicates that ESS has dependencies on debt financing.
  • ESS's Debt to Equity ratio of 1.18 is in line compared to the rest of the industry. ESS outperforms 50.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.18
Debt/FCF N/A
Altman-Z 1.45
ROIC/WACC0.5
WACC7.16%
ESS Yearly LT Debt VS Equity VS FCFESS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B

2.3 Liquidity

  • A Current Ratio of 0.59 indicates that ESS may have some problems paying its short term obligations.
  • ESS has a Current ratio (0.59) which is in line with its industry peers.
  • A Quick Ratio of 0.32 indicates that ESS may have some problems paying its short term obligations.
  • ESS has a Quick ratio of 0.32. This is comparable to the rest of the industry: ESS outperforms 55.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.59
Quick Ratio 0.32
ESS Yearly Current Assets VS Current LiabilitesESS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • ESS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 49.15%, which is quite impressive.
  • Measured over the past years, ESS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.39% on average per year.
EPS 1Y (TTM)49.15%
EPS 3Y27.9%
EPS 5Y18.39%
EPS Q2Q%213.39%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%6.1%

3.2 Future

  • Based on estimates for the next years, ESS will show a very negative growth in Earnings Per Share. The EPS will decrease by -10.41% on average per year.
  • The Revenue is expected to grow by 4.61% on average over the next years.
EPS Next Y-53.45%
EPS Next 2Y-29.21%
EPS Next 3Y-18.67%
EPS Next 5Y-10.41%
Revenue Next Year3.48%
Revenue Next 2Y3.5%
Revenue Next 3Y3.47%
Revenue Next 5Y4.61%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
ESS Yearly Revenue VS EstimatesESS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 500M 1B 1.5B 2B
ESS Yearly EPS VS EstimatesESS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2 4 6 8 10

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Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 19.64, ESS is valued on the expensive side.
  • Compared to the rest of the industry, the Price/Earnings ratio of ESS indicates a rather cheap valuation: ESS is cheaper than 85.00% of the companies listed in the same industry.
  • ESS is valuated rather cheaply when we compare the Price/Earnings ratio to 27.92, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 42.19, which means the current valuation is very expensive for ESS.
  • 80.00% of the companies in the same industry are more expensive than ESS, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 27.78. ESS is valued rather expensively when compared to this.
Industry RankSector Rank
PE 19.64
Fwd PE 42.19
ESS Price Earnings VS Forward Price EarningsESS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • 70.00% of the companies in the same industry are cheaper than ESS, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 19.33
ESS Per share dataESS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80

4.3 Compensation for Growth

  • The excellent profitability rating of ESS may justify a higher PE ratio.
  • ESS's earnings are expected to decrease with -18.67% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)1.07
EPS Next 2Y-29.21%
EPS Next 3Y-18.67%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • ESS has a Yearly Dividend Yield of 4.07%, which is a nice return.
  • Compared to an average industry Dividend Yield of 40.99, ESS is paying slightly less dividend.
  • ESS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
Industry RankSector Rank
Dividend Yield 4.07%

5.2 History

  • The dividend of ESS has a limited annual growth rate of 4.65%.
  • ESS has been paying a dividend for at least 10 years, so it has a reliable track record.
  • ESS has decreased its dividend recently.
Dividend Growth(5Y)4.65%
Div Incr Years1
Div Non Decr Years1
ESS Yearly Dividends per shareESS Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6 8 10

5.3 Sustainability

  • 76.31% of the earnings are spent on dividend by ESS. This is not a sustainable payout ratio.
  • The Dividend Rate of ESS has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP76.31%
EPS Next 2Y-29.21%
EPS Next 3Y-18.67%
ESS Yearly Income VS Free CF VS DividendESS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M
ESS Dividend Payout.ESS Dividend Payout, showing the Payout Ratio.ESS Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

ESSEX PROPERTY TRUST INC

NYSE:ESS (2/6/2026, 8:04:00 PM)

After market: 258.06 0 (0%)

258.06

+6.57 (+2.61%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)02-04
Earnings (Next)04-27
Inst Owners103.27%
Inst Owner Change-2.66%
Ins Owners1.16%
Ins Owner Change3.82%
Market Cap16.62B
Revenue(TTM)N/A
Net Income(TTM)846.55M
Analysts65.16
Price Target287.12 (11.26%)
Short Float %2.49%
Short Ratio3.09
Dividend
Industry RankSector Rank
Dividend Yield 4.07%
Yearly Dividend9.66
Dividend Growth(5Y)4.65%
DP76.31%
Div Incr Years1
Div Non Decr Years1
Ex-Date01-02
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)101.54%
Min EPS beat(2)73.1%
Max EPS beat(2)129.99%
EPS beat(4)3
Avg EPS beat(4)79.27%
Min EPS beat(4)-9.12%
Max EPS beat(4)129.99%
EPS beat(8)6
Avg EPS beat(8)68.85%
EPS beat(12)9
Avg EPS beat(12)61.22%
EPS beat(16)11
Avg EPS beat(16)49.46%
Revenue beat(2)0
Avg Revenue beat(2)-1.43%
Min Revenue beat(2)-1.67%
Max Revenue beat(2)-1.19%
Revenue beat(4)0
Avg Revenue beat(4)-1.03%
Min Revenue beat(4)-1.67%
Max Revenue beat(4)-0.4%
Revenue beat(8)2
Avg Revenue beat(8)-0.39%
Revenue beat(12)2
Avg Revenue beat(12)-0.6%
Revenue beat(16)5
Avg Revenue beat(16)-0.3%
PT rev (1m)-0.1%
PT rev (3m)-3.08%
EPS NQ rev (1m)0.75%
EPS NQ rev (3m)0.75%
EPS NY rev (1m)-0.04%
EPS NY rev (3m)10.26%
Revenue NQ rev (1m)-0.14%
Revenue NQ rev (3m)-0.47%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-0.11%
Valuation
Industry RankSector Rank
PE 19.64
Fwd PE 42.19
P/S 8.92
P/FCF N/A
P/OCF 15.7
P/B 2.95
P/tB 2.95
EV/EBITDA 19.33
EPS(TTM)13.14
EY5.09%
EPS(NY)6.12
Fwd EY2.37%
FCF(TTM)-2.23
FCFYN/A
OCF(TTM)16.44
OCFY6.37%
SpS28.92
BVpS87.44
TBVpS87.44
PEG (NY)N/A
PEG (5Y)1.07
Graham Number160.79
Profitability
Industry RankSector Rank
ROA 6.44%
ROE 15.03%
ROCE 4.56%
ROIC 3.6%
ROICexc 3.62%
ROICexgc 3.62%
OM 30.96%
PM (TTM) 45.46%
GM 70.42%
FCFM N/A
ROA(3y)4.11%
ROA(5y)4.1%
ROE(3y)9.34%
ROE(5y)9.13%
ROIC(3y)3.38%
ROIC(5y)3.06%
ROICexc(3y)3.43%
ROICexc(5y)3.09%
ROICexgc(3y)3.43%
ROICexgc(5y)3.09%
ROCE(3y)4.28%
ROCE(5y)3.87%
ROICexgc growth 3Y11.24%
ROICexgc growth 5Y1.13%
ROICexc growth 3Y11.22%
ROICexc growth 5Y1.11%
OM growth 3Y3.42%
OM growth 5Y-2.45%
PM growth 3Y7.21%
PM growth 5Y6.79%
GM growth 3Y0.78%
GM growth 5Y-0.57%
F-Score6
Asset Turnover0.14
Health
Industry RankSector Rank
Debt/Equity 1.18
Debt/FCF N/A
Debt/EBITDA 5.65
Cap/Depr 199.48%
Cap/Sales 64.56%
Interest Coverage 2.35
Cash Conversion 89.76%
Profit Quality N/A
Current Ratio 0.59
Quick Ratio 0.32
Altman-Z 1.45
F-Score6
WACC7.16%
ROIC/WACC0.5
Cap/Depr(3y)100.16%
Cap/Depr(5y)101.9%
Cap/Sales(3y)32.94%
Cap/Sales(5y)34.6%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)49.15%
EPS 3Y27.9%
EPS 5Y18.39%
EPS Q2Q%213.39%
EPS Next Y-53.45%
EPS Next 2Y-29.21%
EPS Next 3Y-18.67%
EPS Next 5Y-10.41%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%6.1%
Revenue Next Year3.48%
Revenue Next 2Y3.5%
Revenue Next 3Y3.47%
Revenue Next 5Y4.61%
EBIT growth 1Y8.93%
EBIT growth 3Y10.86%
EBIT growth 5Y1.43%
EBIT Next Year135.26%
EBIT Next 3Y35.17%
EBIT Next 5Y26.96%
FCF growth 1Y-121.37%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y12.22%
OCF growth 3Y5.68%
OCF growth 5Y3.05%

ESSEX PROPERTY TRUST INC / ESS FAQ

What is the fundamental rating for ESS stock?

ChartMill assigns a fundamental rating of 4 / 10 to ESS.


What is the valuation status for ESS stock?

ChartMill assigns a valuation rating of 3 / 10 to ESSEX PROPERTY TRUST INC (ESS). This can be considered as Overvalued.


How profitable is ESSEX PROPERTY TRUST INC (ESS) stock?

ESSEX PROPERTY TRUST INC (ESS) has a profitability rating of 8 / 10.


Can you provide the expected EPS growth for ESS stock?

The Earnings per Share (EPS) of ESSEX PROPERTY TRUST INC (ESS) is expected to decline by -53.45% in the next year.


Is the dividend of ESSEX PROPERTY TRUST INC sustainable?

The dividend rating of ESSEX PROPERTY TRUST INC (ESS) is 5 / 10 and the dividend payout ratio is 76.31%.