Essex Property Trust, Inc. ESS

271.61 (0.04) (0.01%) as of 25 Sep
Market cap
$18.1B
P/E
42.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Essex Property Trust, Inc. (ESS) Price to free cash flow

As of 25 September 2026, Essex Property Trust, Inc. (ESS) trades at a price to free cash flow of 24.0×. Over the past ten years it has ranged from 0.0× (September 2015) to 213× (June 2020); the current reading is higher than 27% of that period. That is above the Reit Residential industry median of 18.0× and above the Real Estate sector median of 12.1×.

Price to free cash flow, daily

Annual

Period Price to free cash flow Change
FY2025 35.9× (67.60%)
FY2024 111× 475.79%
FY2023 19.3× 15.43%
FY2022 16.7× (40.53%)
FY2021 28.1× (21.64%)
FY2020 35.8× (13.55%)
FY2019 41.4× 110.08%
FY2018 19.7× (48.23%)
FY2017 38.1× 5.65%
FY2016 36.0× (75.18%)

Quarterly

Period Price to free cash flow Change
Jun 2026 25.7× 14.90%
Mar 2026 22.4× (37.69%)
Dec 2025 35.9× 27.87%
Sep 2025 28.1× (42.39%)
42 more quarters

Against its own ten years

Low 0.0× High 213×
Ten-year median 31.6×
Current reading's percentile 27

Price to free cash flow against peers

Company Price to free cash flow
AMH American Homes 4 Rent compare 7.4×
INVH Invitation Home compare 9.8×
VMRK Vivmark Residential compare 12.1×
ESS Essex Property Trust, Inc. 24.0×
MAA Mid-America Apartment Communities, Inc. compare 24.8×
SUI Sun Communities, Inc. compare 27.9×
UDR United Dominion Realty Trust, Inc. compare 31.5×
ELS Equity Lifestyle Properties, Inc. compare 33.0×
CPT Camden Property Trust compare 57.7×
Reit Residential industry median 18.0×
Real Estate sector median 12.1×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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