Essex Property Trust vs Extra Space Storage
ESS and EXR side by side, both in miscellaneous investing. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How ESS and EXR compare
Extra Space Storage is the larger company, worth 1.9 times as much as Essex Property Trust ($32.0B against $17.0B).
On earnings, Extra Space Storage is cheaper: it trades at 30.8× trailing earnings, against 41.1× for Essex Property Trust.
Essex Property Trust grew revenue faster over the last twelve months (4.7% versus 4.1% for Extra Space Storage).
Both pay dividends: Essex Property Trust yields 3.9% and Extra Space Storage 4.3%.
Extra Space Storage scores higher on the StockData Score (16 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 | ESS | EXR |
|---|---|---|
| Size and price | ||
| Market cap | $17.0B | $32.0B |
| Share price | $264.18 | $151.32 |
| Change, 1 year | 6.9% | 6.7% |
| Change, 5 years | −21.6% | −22.2% |
| Beta (5Y) | 0.69 | 0.86 |
| Employees | 1,689 | 8,393 |
| StockData Score | ||
| Total score | 6 | 16 (better) |
| Valuation score | 1 | 1 |
| Growth score | 3 | 3 |
| Performance score | 0 | 4 (better) |
| Health score | 0 | 4 (better) |
| Dividend score | 2 | 4 (better) |
| Valuation | ||
| P/E | 41.1× | 30.8× (better) |
| P/S | 8.8× (better) | 9.2× |
| P/B | 3.2× | 2.5× (better) |
| EV/EBITDA | 13.8× (better) | 14.1× |
| P/FCF | – | 20.6× |
| PEG | 2.24 | – |
| FCF yield | – | 4.9% |
| Fair value | $203.99 | $124.86 |
| Margin of safety | −29.5% | −21.2% (better) |
| Growth | ||
| Revenue growth (TTM) | 4.7% (better) | 4.1% |
| Revenue growth, 5Y average | 4.8% | 20.0% (better) |
| Net income growth (TTM) | – | 9.5% |
| EPS growth (TTM) | −48.3% | 5.8% (better) |
| EPS growth, 5Y average | 3.7% | 4.3% (better) |
| Profitability | ||
| Gross margin | 70.1% | 73.0% (better) |
| Operating margin | 32.5% | 43.8% (better) |
| Net margin | – | 29.9% |
| FCF margin | – | 44.7% |
| Return on equity | – | 7.9% |
| Return on invested capital | 9.1% | 11.1% (better) |
| Financial health | ||
| Debt / equity | – | 0.00 |
| Interest coverage | 2.4× | – |
| Altman Z-score | 1.69 (better) | 1.46 |
| Piotroski F-score | – | 5 |
| Dividends and buybacks | ||
| Dividend yield | 3.9% | 4.3% (better) |
| Payout ratio | – | 132% |
| Years of dividend growth | 9 (better) | 0 |
| Dividend growth, 5Y average | 4.3% | 12.5% (better) |
| Buyback yield | – | 1.5% |
| Shareholder yield | 3.9% | 5.8% (better) |
| Ownership | ||
| Held by institutions | 101% | 99.4% |
| Held by insiders | 0.73% | 1.1% |
| Insider net buying, 12 months | −$168K (better) | −$1.6M |
| Superinvestors holding | 1 | 1 |
| Short interest, % of float | 4.0% | 2.6% |
Go deeper
- ESS stock overview
- ESS income statement
- ESS valuation and score
- EXR stock overview
- EXR income statement
- EXR valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.