Subject of the day

ESS

Concerning the House

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust. The firm acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 258 apartment communities comprising over 62,000 apartment homes with an additional property in active development. Essex Property Trust, Inc. was incorporated in 1971 in Maryland and is based in San Mateo, United States.

United States · www.essexapartmenthomes.com

The Long Run

FY 2010–2025 · 16 years

Line	Latest	CAGR
Revenue	$11.13M	-22.7%
Gross profit	$1.32B	+6.0%
Operating income	$899.32M	+14.9%
Net income	$414.98M	+26.8%
Cash from ops	$1.07B	+12.9%

Quotation

$287.39

▲ +6.12 (+2.2%)

52w hi	$298.33
52w lo	$234.98
Vol	288.20K
As of	Aug 13

The Verdict

Hold

Our score +0.02

Short	+0.41
Medium	-0.02
Long	-0.66

computed 2026-08-13

By the Numbers

Essex Property Trust, Inc.

Real Estate · REIT - Residential

Market cap	$19.81B
Enterprise value	$24.95B
Trailing P/E	44.83x
Forward P/E	46.50x
EV / EBITDA	20.27x
P / S (ttm)	10.00x
Profit margin	20.9%
Return on equity	7.7%
Revenue growth	+3.1%
Earnings growth	-71.8%
Debt / equity	122.41

Risk Metrics

Beta vs SPX	0.54
Corr SPX	0.39
Annual vol	22.7%
Annual ret	+4.0%
Sharpe	0.18
Max DD	-24.0%

Window: 504 trading days (504 obs)

Layer Breakdown

Layer	Raw	Contribution
Fundamental	-0.10
Sector	+0.04
Technical	+0.25
Earnings	+0.00
Sentiment	+0.00

macro × 1.00 · 2026-08-13

Recent Sessions

Date	Open	High	Low	Close	Vol
Aug 13	$282.40	$288.93	$284.69	$287.39	288.20K
Aug 12	$281.42	$282.98	$279.91	$281.27	252.50K
Aug 11	$282.04	$283.86	$281.49	$282.46	318.50K
Aug 10	$286.21	$286.21	$281.53	$283.21	290.30K
Aug 7	$284.74	$288.74	$281.81	$288.10	241.00K