Essex Property Trust, Inc.
Key Metrics
- Previous Close
- $287.36
- 52-Week Range
- $238.46 – $303.35
- Market Cap
- $19.83B
- P/E (TTM)
- 44.88
- EPS (TTM)
- 6.41
- Dividend Yield
- 3.61%
Advanced Metrics
- Price/Book
- 3.47
- PEG Ratio
- 7.02
- Return on Equity
- 7.71%
- Return on Assets
- 2.96%
- Gross Margin
- 68.77%
- Operating Margin
- 33.98%
- Profit Margin
- 20.89%
- Current Ratio
- 0.25
- Debt/Equity
- 1.22
- Total Debt
- $6.75B
- Free Cash Flow
- $1.04B
- Revenue Growth
- 3.10%
- Earnings Growth
- -71.80%
- Enterprise Value
- $25.34B
Market Snapshot
About
Essex Property Trust, Inc. is a real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties primarily located in major West Coast markets. The company's portfolio consists of apartment communities concentrated in Southern California, Northern California, and the Seattle metropolitan area, targeting supply-constrained markets with favorable demographics and employment growth. Essex focuses on providing high-quality rental housing in markets characterized by limited new construction opportunities and strong demand fundamentals. The REIT employs active asset management and capital allocation strategies to generate sustainable long-term returns for shareholders.