Essex Property Trust, Inc.

ESS Real Estate Reit Residential

Essex Property Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 6.36% from fiscal 2024. In the quarter to June 2026, revenue grew 4.09%, EPS fell 71.8%, free cash flow grew 21.0% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for three, operating cash flow growth for five.

269.43 0.23 −0.09%
Market cap
$17.9B
P/E
41.9×
Fwd P/E
47.4×
Dividend yield
3.84%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Essex Property Trust, Inc. (ESS) EV/FCF

Alert me on EV/FCF

As of 16 October 2026, Essex Property Trust, Inc. (ESS) trades at a EV/FCF of 32.9×. Over the past ten years it has ranged from −281× (March 2015) to 286× (June 2020); the current reading is higher than 30% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 50.3× (66.58%)
FY2024 150× 473.40%
FY2023 26.2× 9.90%
FY2022 23.9× (33.13%)
FY2021 35.7× (28.65%)
FY2020 50.0× (6.33%)
FY2019 53.4× 102.59%
FY2018 26.4× (48.97%)
FY2017 51.6× 5.40%
FY2016 49.0× (74.72%)

Quarterly newest first

Period EV/FCF Change
Jun 2026 34.8× 8.54%
Mar 2026 32.1× (36.14%)
Dec 2025 50.3× 29.40%
Sep 2025 38.8× (41.74%)
42 more quarters

Against its own ten years

Low −281× High 286×
Ten-year median 42.0×
Current reading's percentile 26

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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