Equity LifeStyle Properties vs Essex Property Trust
ELS and ESS side by side, both in miscellaneous investing. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How ELS and ESS compare
Essex Property Trust is the larger company, worth 1.5 times as much as Equity LifeStyle Properties ($17.0B against $11.5B).
On earnings, Equity LifeStyle Properties is cheaper: it trades at 28.7× trailing earnings, against 41.1× for Essex Property Trust.
Essex Property Trust grew revenue faster over the last twelve months (4.7% versus 2.5% for Equity LifeStyle Properties).
Both pay dividends: Equity LifeStyle Properties yields 3.6% and Essex Property Trust 3.9%.
Equity LifeStyle Properties scores higher on the StockData Score (9 against 6 for Essex Property Trust), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | ELS | ESS |
|---|---|---|
| Size and price | ||
| Market cap | $11.5B | $17.0B |
| Share price | $59.03 | $264.18 |
| Change, 1 year | −1.4% | 6.9% |
| Change, 5 years | −30.4% | −21.6% |
| Beta (5Y) | 0.42 | 0.69 |
| Employees | 3,200 | 1,689 |
| StockData Score | ||
| Total score | 9 (better) | 6 |
| Valuation score | 2 (better) | 1 |
| Growth score | 0 | 3 (better) |
| Performance score | 6 (better) | 0 |
| Health score | 0 | 0 |
| Dividend score | 1 | 2 (better) |
| Valuation | ||
| P/E | 28.7× (better) | 41.1× |
| P/S | 7.3× (better) | 8.8× |
| P/B | 6.5× | 3.2× (better) |
| EV/EBITDA | 18.4× | 13.8× (better) |
| PEG | 3.01 | 2.24 (better) |
| Fair value | $54.02 | $203.99 |
| Margin of safety | −9.3% (better) | −29.5% |
| Growth | ||
| Revenue growth (TTM) | 2.5% | 4.7% (better) |
| Revenue growth, 5Y average | 6.5% (better) | 4.8% |
| Net income growth (TTM) | 7.8% | – |
| EPS growth (TTM) | 7.9% (better) | −48.3% |
| EPS growth, 5Y average | 10.0% (better) | 3.7% |
| Profitability | ||
| Gross margin | – | 70.1% |
| Operating margin | 26.2% | 32.5% (better) |
| Net margin | 26.6% | – |
| Return on equity | 23.8% | – |
| Return on invested capital | 18.9% (better) | 9.1% |
| Financial health | ||
| Interest coverage | 3.0× (better) | 2.4× |
| Altman Z-score | 2.23 (better) | 1.69 |
| Piotroski F-score | 5 | – |
| Dividends and buybacks | ||
| Dividend yield | 3.6% | 3.9% (better) |
| Payout ratio | 97.1% | – |
| Years of dividend growth | 1 | 9 (better) |
| Dividend growth, 5Y average | – | 4.3% |
| Shareholder yield | 3.6% | 3.9% (better) |
| Ownership | ||
| Held by institutions | 108% | 101% |
| Held by insiders | 0.71% | 0.73% |
| Insider net buying, 12 months | −$202K | −$168K (better) |
| Superinvestors holding | – | 1 |
| Short interest, % of float | 5.4% | 4.0% |
Go deeper
- ELS stock overview
- ELS income statement
- ELS valuation and score
- ESS stock overview
- ESS income statement
- ESS valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.