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/Sales

Alert me on EV/Sales

As of 16 October 2026, Essex Property Trust, Inc. (ESS) trades at a EV/Sales of 12.4×. Over the past ten years it has ranged from 11.4× (November 2023) to 20.5× (November 2021); the current reading is higher than 8% of that period. That is above the Reit Residential industry median of 8.0× and above the Real Estate sector median of 7.6×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 12.5× (10.89%)
FY2024 14.0× 6.99%
FY2023 13.1× 6.98%
FY2022 12.2× (39.49%)
FY2021 20.2× 39.39%
FY2020 14.5× (17.02%)
FY2019 17.5× 13.10%
FY2018 15.5× (1.60%)
FY2017 15.7× (0.34%)
FY2016 15.8× (9.14%)

Quarterly newest first

Period EV/Sales Change
Jun 2026 13.2× 12.35%
Mar 2026 11.7× (6.11%)
Dec 2025 12.5× (2.42%)
Sep 2025 12.8× (5.62%)
42 more quarters

Against its own ten years

Low 11.4× High 20.5×
Ten-year median 15.5×
Current reading's percentile 9

EV/Sales against peers

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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