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.

Revenue
+4.10%
EPS
−37.0%
Free cash flow
−5.14%
Total debt
−0.84%

Quarter to September 2026, against a year earlier

272.41 7.51 +2.84%
Market cap
$17.6B
P/E
48.3×
Fwd P/E
46.4×
Dividend yield
3.90%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

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

Alert me on P/E ratio

As of 3 November 2026, Essex Property Trust, Inc. (ESS) trades at a P/E ratio of 48.3×. Over the past ten years it has ranged from 18.8× (October 2025) to 112× (March 2015); the current reading is higher than 75% of that period. That is above the Reit Residential industry median of 26.8× and above the Real Estate sector median of 23.0×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 25.1× 1.72%
FY2024 24.7× (37.59%)
FY2023 39.6× 17.69%
FY2022 33.6× (28.26%)
FY2021 46.9× 71.08%
FY2020 27.4× (39.22%)
FY2019 45.1× 8.71%
FY2018 41.5× 13.89%
FY2017 36.4× (0.36%)
FY2016 36.6× (46.70%)

Quarterly newest first

Period P/E ratio Change
Sep 2026 49.1× 8.33%
Jun 2026 45.3× 66.78%
Mar 2026 27.2× 8.17%
Dec 2025 25.1× 23.69%
43 more quarters

Against its own ten years

Low 18.8× High 112×
Ten-year median 39.9×
Current reading's percentile 82

P/E ratio against peers

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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