US stock · Real Estate sector · REIT—Residential
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Essex Property Trust, Inc.

ESSNYSE

223.42

USD
+5.83
(+2.68%)
Market Closed
40.47P/E
38Forward P/E
2.03P/E to S&P500
14.975BMarket CAP
3.99%Div Yield
Upcoming Earnings
7 Feb
Shares Short
1/13/23
704.34k
Short % of Float
1.49%
Short % of Shares Outs.
1.09%
% Held by Insiders
1.19%
% Held by Institutions
97.48%
Beta
0.76
PEG Ratio
5.77
52w. high/low
363.36/205.24
Avg. Daily Volume
0.54M
Return %
Stock
S&P 500
1 year
(31.24)
(6.69)
3 years
(27.09)
24.00
5 years
(2.06)
42.28
Scale: |
High
Low
129.57
60.77
88.35
49.19
117.12
76.35
148.44
109.98
161.53
136.38
172.16
137.53
214.43
141.79
244.71
205.72
240.55
191.25
270.04
218.41
267.41
214.03
334.17
235.51
329.74
175.81
357.90
226.79
363.36
205.24
223.89
205.63
Currency: USD
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Revenue per share
15.08
15.83
16.41
15.09
14.04
14.61
15.51
16.48
17.14
18.41
19.76
20.72
21.20
22.18
22.85
22.14
23.98
Earnings per share
2.72
4.71
2.60
1.36
1.21
1.45
3.58
4.20
2.16
3.58
6.34
6.58
5.91
6.67
8.69
7.51
5.52
FCF per share
(16.45)
(14.90)
(4.70)
(0.69)
(10.49)
(0.47)
6.55
7.09
7.32
8.63
9.97
10.56
11.28
12.41
10.89
12.05
13.30
Dividends per share
3.49
3.98
4.35
4.29
4.17
4.26
4.46
4.85
4.61
5.66
6.28
6.85
7.33
8.03
8.19
8.35
8.58
CAPEX per share
23.38
22.68
11.90
7.06
16.42
7.13
1.09
1.10
1.39
0.88
0.92
1.08
1.24
1.54
1.38
1.86
2.26
Book Value per sh.
26.52
32.19
33.58
38.62
38.83
44.17
50.50
50.73
106.51
96.15
94.58
95.36
94.90
94.48
91.67
92.14
90.05
Comm.Shares outs.
23
25
25
27
30
33
35
37
57
65
65
66
66
66
65
65
65
Avg. annual P/E ratio
- -
25.8
40.6
50.9
83.3
89.6
41.7
36.8
83.7
62.6
34.9
37.7
40.6
44.5
27.8
40.3
40.5
P/E to S&P500
- -
1.5
1.9
0.7
4.0
5.5
2.8
2.2
4.6
3.1
1.6
1.6
1.6
1.8
0.7
1.3
2.0
Avg. annual div. yield
- -
3.3%
4.1%
6.2%
4.1%
3.3%
3.0%
3.1%
2.5%
2.5%
2.8%
2.8%
3.1%
2.7%
3.4%
2.8%
3.2%
Revenue (m)
348
389
413
411
416
476
543
614
969
1,194
1,294
1,364
1,400
1,460
1,496
1,441
1,563
Operating margin
14.5%
12.5%
14.2%
6.4%
27.0%
28.9%
31.1%
30.7%
20.8%
27.7%
32.5%
32.7%
32.2%
32.9%
32.9%
36.8%
29.9%
Depreciation (m)
83
100
111
119
130
164
182
206
361
453
442
469
480
484
525
520
536
Net profit (m)
63
116
65
37
36
47
125
156
122
232
415
433
390
439
569
489
360
Income tax rate
1.5%
1.0%
- -
- -
- -
- -
- -
- -
- -
- -
1.0%
- -
- -
0.3%
0.3%
2.9%
(1.9)%
Net profit margin
18.0%
29.8%
15.8%
9.0%
8.6%
9.9%
23.1%
25.5%
12.6%
19.4%
32.1%
31.8%
27.9%
30.1%
38.0%
33.9%
23.2%
Working capital (m)
- -
- -
(49)
(93)
128
122
1
(75)
(151)
58
92
(75)
157
3
176
(38)
(152)
Long-term debt (m)
1,154
1,433
1,641
1,608
2,259
2,361
2,678
2,814
4,863
5,304
5,438
5,510
5,606
5,831
6,326
6,017
6,016
Equity (m)
612
790
845
1,053
1,150
1,438
1,769
1,889
6,023
6,238
6,192
6,277
6,267
6,220
6,000
5,994
5,703
ROIC
2.8%
4.3%
5.3%
- -
3.6%
3.6%
5.0%
5.5%
2.6%
3.8%
5.4%
5.5%
5.1%
5.4%
6.4%
5.7%
5.2%
Return on capital
2.8%
4.3%
4.9%
4.1%
3.5%
3.5%
4.8%
5.1%
2.5%
3.7%
5.3%
5.3%
5.0%
5.3%
6.2%
5.5%
4.8%
Return on equity
10.2%
14.6%
7.7%
3.5%
3.1%
3.3%
7.1%
8.3%
2.0%
3.7%
6.7%
6.9%
6.2%
7.1%
9.5%
8.2%
6.3%
Plowback ratio
(28.2)%
15.6%
(67.5)%
(117.9)%
(143.5)%
(141.0)%
(11.9)%
(5.0)%
(93.8)%
(47.9)%
6.2%
1.6%
(17.1)%
(13.8)%
10.6%
(5.3)%
(46.1)%
Div.&Repurch./FCF
(7.3)%
24.0%
8.0%
(162.1)%
41.1%
529.9%
(87.8)%
16.0%
(65.7)%
6.3%
74.5%
52.0%
72.0%
62.7%
113.0%
70.5%
82.8%
Capital Structure
27 Oct · 2022 | Q3
All numbers in millions
Total liabilities
$ 6,714
Total assets
$ 12,624
Long-term debt
$ 6,016
Cash and equiv.
$ 43
Goodwill
$ - -
Retained earnings
$ (1,123)
Common stock
65
Enterprise Value
$ 20,948
Working Capital
Currency: USD, in millions
2019
2020
2021
Cash & Investments
214
221
240
Receivables
134
195
341
Inventory
- -
58
- -
Other
52
61
54
Current assets
401
532
656
Acc. Payable
158
153
181
Debt due
55
- -
341
Other
184
203
172
Current liabilities
397
356
694
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
(3.69)%
1.42%
12.61%
Cash flow
9.96%
3.52%
16.03%
Earnings
(14.12)%
4.52%
21.57%
Dividends
1.26%
4.82%
15.74%
Book value
(0.11)%
(1.14)%
25.03%
Insider Trading
Type
Shares
Date
Farias John
Award
350
12/09/22
Farias John
Award
186
12/09/22
Kleiman Angela L.
Award
24,240
12/09/22
Morrison Anne
Award
7,713
12/09/22
Berry Adam W
Award
6,611
12/09/22
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
392
370
371
362
1,496
2021
355
351
363
372
1,441
2022
382
400
410
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
4.81
1.29
1.13
1.46
8.69
2021
2.59
1.00
1.82
2.10
7.51
2022
1.12
0.87
1.43
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
1.97
2.08
2.07
2.07
8.19
2021
2.08
2.09
2.09
2.09
8.35
2022
2.09
2.20
2.20
- -
- -
Company Description
Sector:
Real Estate
Industry:
REIT—Residential
CEO:
Mr. Michael Schall
Full-time employees:
1,739
City:
San Mateo
Address:
1100 Park Pl Ste 200
IPO:
Jun 7, 1994
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.
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