Essex Property Trust, Inc. (ESS) stock
Close on Nov 11, 2026Market cap $17.63BP/E 50.8Yield 3.75%
Essex Property Trust, Inc. grew revenue 4.5% to $1.95B over the twelve months to Sep 30, 2026. Operating income fell 45.5% to $573.46M, moving the operating margin from 56.5% to 29.5%. At the latest close the market valued the company at $17.63B, 50.8 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $17.63B
- P/E ratio
- 50.8
- Price to sales
- 9.06
- Price to book
- 3.33
- Dividend yield
- 3.75%
- Free cash flow yield
- –
Fundamentals
- Revenue
- $1.95B
- EPS, diluted
- $5.39
- Book value per share
- $82.39
- Diluted shares
- 64M
Trading
- Next earnings
- Feb 3, 2027 (estimated, during market hours)
- Previous close
- $275.75
- Open
- $274.14
- Day's range
- $272.23 – $275.68
- Volume
- 387,867
- Average volume (20 days)
- 611,322
- Index membership
- S&P 500, Russell 1000, Russell 3000
- Beta (5 years)
- 0.68
- 52-week range
- $238.46 – $303.35
- RSI (14 days)
- 53.4
- Volatility (1 year)
- 20.0%
- Relative volume
- 0.74×
- WACC
- 8.3%
Index membership is inferred from the holdings of funds that track each index (VOO, IVV, SPYM, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2009, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | ESS | S&P 500 | Difference | ESS per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +0.9% | -2.4% | +3.3 pts | ||
| 3 months | -2.1% | -1.2% | −0.9 pts | ||
| Year to date | +8.9% | +12.3% | −3.4 pts | ||
| 1 year | +8.8% | +12.4% | −3.6 pts | ||
| 3 years | +45.4% | +78.8% | −33.4 pts | +13.3% | +21.4% |
| 5 years | -4.3% | +75.2% | −79.5 pts | -0.9% | +11.9% |
| 10 years | +77.9% | +311.1% | −233.2 pts | +5.9% | +15.2% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Press releases
Releases Essex Property Trust filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Results
- News
- Results
About Essex Property Trust
Real Estate Investment Trusts
Essex Property Trust, Inc. is a self-administered and self-managed real estate investment trust that acquires, develops, redevelops, and manages multifamily residential properties. The company focuses primarily on the ownership and operation of apartment communities, providing property management and capital preservation services while also engaging in joint ventures and preferred equity co-investments. Its primary customers are residential tenants seeking rental housing in major metropolitan areas, alongside tenants of a limited number of commercial spaces.
Company profile, executives and historyEssex Property Trust stock: common questions
What is Essex Property Trust's stock price?
ESS closed at $274.00 on Nov 11, 2026, down 0.63% on the day. Over the past 52 weeks it traded between $238.46 and $303.35.
What is Essex Property Trust's market cap?
Essex Property Trust was worth $17.63B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is ESS's P/E ratio?
ESS trades at 50.8 times earnings, based on diluted earnings per share of $5.39 over the twelve months to Sep 30, 2026.
How much revenue does Essex Property Trust make?
Essex Property Trust reported revenue of $1.95B for the twelve months to Sep 30, 2026, up 4.5% from a year earlier.
Does Essex Property Trust pay a dividend?
Yes. Essex Property Trust paid $10.28 per share over the last twelve months, a yield of 3.75% at the latest price, and has raised its annual dividend 9 years in a row.
When does Essex Property Trust report earnings next?
Essex Property Trust is expected to report Q4 FY2026 results on Feb 3, 2027, during market hours. The date is estimated from its past reporting pattern until the company confirms it.
How has ESS stock performed over the past year?
Including dividends, ESS returned +8.8% over the past year, against +12.4% for the S&P 500.
How many ESS shares are sold short?
2M shares were sold short at the latest FINRA report, 3.56% of the float, or 3.5 days of average trading volume.
Who are Essex Property Trust's competitors?
Companies most similar to Essex Property Trust by business, industry and size include UDR, MAA, DEI, KRC, SWDR.
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