Essex Property Trust, Inc.

Essex Property Trust, Inc.

ESS
Essex Property Trust, Inc.US flagNew York Stock Exchange
280.56
USD
-0.83
- -
18.03BMarket Cap

Total Valuation

Essex Property Trust, Inc. carries a market capitalization of 18.03B, placing it among publicly traded companies globally. Its enterprise value stands at 22.50B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap18.03B
Enterprise Value22.50B

Share Statistics

Essex Property Trust, Inc. currently has 64.31M shares outstanding.

Shares Outstanding64.31M
Owned by Insiders (%)N/A
Owned by Institutions (%)N/A

Valuation Ratios

Essex Property Trust, Inc. trades at a trailing price-to-earnings ratio of 27.22. The price-to-sales ratio is 8.17, and the price-to-book ratio stands at -12.90.

PE Ratio27.22
PS Ratio8.17
PB Ratio-12.90
P/TBV Ratio2.77
P/FCF Ratio14.44
P/OCF Ratio14.43

Enterprise Valuation

On an enterprise value basis, Essex Property Trust, Inc. trades at an EV/EBITDA multiple of 18.47 and an EV/FCF ratio of 16.78. The EV/Sales ratio of 11.80 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 37.05 provides insight into valuation relative to core operating earnings.

EV / Sales11.80
EV / EBITDA18.47
EV / EBIT37.05
EV / FCF16.78

Financial Position

Essex Property Trust, Inc. maintains a current ratio of 0.74, meaning it holds 0.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 121.86, indicating elevated leverage, while an interest coverage ratio of 4.66 demonstrates adequate ability to service its debt obligations.

Current Ratio0.74
Quick Ratio0.72
Debt / Equity121.86
Debt / EBITDA5.63
Interest Coverage4.66

Financial Efficiency

Return on Equity (ROE)N/A
Return on Assets (ROA)4.36
Return on Invested Capital (ROIC)4.84
Return on Capital Employed (ROCE)13.66
Revenue Per EmployeeN/A
Employee CountN/A
Inventory Turnover10.90

Stock Price Statistics

Essex Property Trust, Inc.'s stock has declined approximately -1.051% over the past 52 weeks. The 50-day moving average sits at 267.48, while the 200-day moving average is 259.59.

Beta (5Y)N/A
52-Week Price Change-1.051%
50-Day Moving Average267.48
200-Day Moving Average259.59
Average Volume (20 Days)N/A

Income Statement

Over the trailing twelve months, Essex Property Trust, Inc. generated 1.91B in revenue and converted that into 572.74M in net income, yielding earnings per share of 9.35. EBITDA reached 1.22B, while operating income came in at 607.28M.

Revenue1.91B
Gross Profit1.30B
Operating Income607.28M
Pretax Income602.20M
Net Income572.74M
EBITDA1.22B
EBIT607.28M
Earnings Per Share (EPS)9.35

Balance Sheet

Essex Property Trust, Inc. holds 134.53M in cash and equivalents against 6.86B in total debt, resulting in a net debt position of 6.77B. Total book value stands at -1.21B, with working capital of -119.40M providing operational flexibility.

Cash & Cash Equivalents134.53M
Total Debt6.86B
Net Debt6.77B
Equity (Book Value)-1.21B
Book Value Per Share-18.76
Working Capital-119.40M

Cash Flow

Essex Property Trust, Inc. produced 1.08B in operating cash flow over the past twelve months.

Operating Cash Flow1.08B
Capital ExpendituresN/A
Free Cash Flow1.08B
FCF Per Share16.77

Margins

Essex Property Trust, Inc. operates with a gross margin of 67.94, reflecting its pricing power and cost economics. The operating margin of 31.84 and net profit margin of 30.03 provide insight into operational efficiency.

Gross Margin67.94
Operating Margin31.84
Pretax Margin31.57
Profit Margin30.03
EBITDA Margin63.88

Dividends & Yields

The company's payout ratio of 104.85 indicates the proportion of earnings distributed to shareholders.

Dividend Per Share10.28
Dividend YieldN/A
Payout Ratio104.85
Shareholder Yield4.81
FCF Yield6.93

Scores

Essex Property Trust, Inc. posts an Altman Z-Score of 1.41, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.41