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Saturday 17 October 2026 Export ESS’s income statement to Excel — free account

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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Essex Property Trust, Inc. (ESS) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Essex Property Trust, Inc. (ESS) trades at a P/B ratio of 3.2×. Over the past ten years it has ranged from 1.9× (March 2020) to 3.8× (April 2022); the current reading is higher than 77% of that period. That is above the Reit Residential industry median of 1.8× and above the Real Estate sector median of 1.0×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 3.0× (7.92%)
FY2024 3.2× 11.67%
FY2023 2.9× 23.03%
FY2022 2.3× (37.12%)
FY2021 3.7× 47.60%
FY2020 2.5× (18.75%)
FY2019 3.1× 22.14%
FY2018 2.5× 2.51%
FY2017 2.5× 3.57%
FY2016 2.4× (3.80%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 3.4× 22.67%
Mar 2026 2.8× (5.64%)
Dec 2025 3.0× (0.68%)
Sep 2025 3.0× (5.45%)
42 more quarters

Against its own ten years

Low 1.9× High 3.8×
Ten-year median 2.7×
Current reading's percentile 75

P/B ratio against peers

Company P/B ratio
AMH American Homes 4 Rent compare 1.5×
INVH Invitation Home compare 1.8×
VMRK Vivmark Residential compare 2.1×
MAA Mid-America Apartment Communities, Inc. compare 2.4×
SUI Sun Communities, Inc. compare 2.5×
CPT Camden Property Trust compare 2.6×
ESS Essex Property Trust, Inc. 3.2×
UDR United Dominion Realty Trust, Inc. compare 3.8×
ELS Equity Lifestyle Properties, Inc. compare 6.5×
Reit Residential industry median 1.8×
Real Estate sector median 1.0×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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