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/ESS
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Essex Property Trust Inc

Essex Property Trust Inc

ESS
$284.03USD+1.16%+3.27 today

MARKET CAP

18.3B

P/E (TTM)

44.7x

FWD P/E

47.5x

DAY RANGE

$280 – $285

52W RANGE

$238
$303

AI Summary

Stalk
TrimMedium

ESS is under medium-term bearish control within a Stage 3 distribution framework, marked by an active support failure and price trading below its 9-, 20-, and 50-day EMAs. Short-term conditions suggest unfavorable timing for immediate selling; execution is best deferred to a rally into the EMA/50 SMA resistance band (≈286–289) for optimal entry.

  • Core FFO per share $2.25, beat guidance by $0.10; same-property NOI +2.9%.
  • Occupancy rate at 96.4%, sustaining high rental revenues.
  • Broad U.S. economy slower year-over-year, risking rental demand.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$1.4B$1.6B$1.7B$1.8B$1.9B
YoY %-3.7%+11.5%+3.9%+6.3%+6.4%
P / Sales15.9x8.6x9.6x10.3x8.9x
EV / Sales20.6x12.6x13.4x14.3x12.8x
Gross Profit, Adj.$1.4B$1.6B$1.7B$1.8B$1.9B
YoY %-3.7%+11.5%+3.9%+6.3%+6.4%
Margin %100.0%100.0%100.0%100.0%100.0%
EV / Gross Profit20.6x12.6x13.4x14.3x12.8x
EBITDA, Adj.$907.1M$1.0B$1.1B$1.1B$1.2B
YoY %-3.1%+14.9%+3.1%+3.1%+9.0%
Margin %63.0%64.9%64.4%62.4%64.0%
EV / EBITDA32.7x19.4x20.8x23.0x20.0x
EBIT$387.0M$502.9M$525.5M$527.5M$599.8M
YoY %-9.6%+30.0%+4.5%+0.4%+13.7%
Margin %26.9%31.3%31.5%29.7%31.8%
EV / EBIT76.7x40.1x42.6x48.2x40.3x
Net Income$488.6M$408.3M$405.8M$741.5M$669.7M
YoY %-14.1%-16.4%-0.6%+82.7%-9.7%
Net Margin33.9%25.4%24.3%41.8%35.5%
EPS (GAAP)$7.51$6.27$6.32$11.54$10.40
YoY %-13.6%-16.5%+0.8%+82.6%-9.9%