ESSEssex Property Trust

$288.26
Essex Property Trust logo

Price

$288.26+17%1Y
1M-1.6%1Y+17%

Prices are end-of-day closes. This is a research view, the focus is on the fundamentals, quality and valuation below, not intraday price.

Smart Score

Below average
4/10
Value49
Quality-
Momentum47
Growth20
Strongest Value, weakest Growth · ranked vs Real Estate peers. The five questions below judge the company on its own terms.
What they do

Essex Property Trust, Inc. (“Essex”), a Maryland corporation, is an S&P 500 company that operates as a self-administered and self-managed real estate investment trust (“REIT”). Essex owns all of its interest in its real estate and other investments directly or indirectly through Essex Portfolio, L.P. (the “Operating Partnership” or “EPLP”). Essex is the sole general partner of the Operating Partnership and as of December 31, 2025, had an approximately 96.6% general partner interest in the Operating Partnership.

In the company’s own words · 10-K filed Feb 20, 2026 · SEC EDGAR

P/E (TTM)32.4
Market Cap$18.55B
1Y Return+17%
5Y Return+4.4%

Business segments

Q3 2024 · $435.7M

The company’s own SEC segment disclosure.

  • Southern California$189.0M43%
  • Northern California$172.2M40%
  • Seattle Metro$74.6M17%

Essex Property Trust (ESS) reported revenue of $485M in Q1 2026 (quarter ended March 31, 2026), up 4.3% from the same quarter a year earlier. That came with a gross margin of 70% and net income of $112M (23% of revenue). For the full year FY2025, revenue was $1.89B (+6.4% year on year) and net income $703M. Its largest segment in 2024-Q3 was Southern California at $189M, 43% of the disclosed total, just ahead of Northern California at 40%.

Raw charts

11 series · TTM

As reported to the SEC, without any scoring.