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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) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Essex Property Trust, Inc. (ESS) trades at a price to free cash flow of 23.8×. Over the past ten years it has ranged from 0.0× (September 2015) to 213× (June 2020); the current reading is higher than 26% of that period. That is above the Reit Residential industry median of 17.9× and above the Real Estate sector median of 11.0×.

Price to free cash flow, daily

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Annual newest first

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 newest first

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 31.4×
Current reading's percentile 26

Price to free cash flow against peers

Company Price to free cash flow
AMH American Homes 4 Rent compare 7.5×
INVH Invitation Home compare 9.9×
VMRK Vivmark Residential compare 12.1×
ESS Essex Property Trust, Inc. 23.8×
MAA Mid-America Apartment Communities, Inc. compare 24.4×
SUI Sun Communities, Inc. compare 29.3×
UDR United Dominion Realty Trust, Inc. compare 31.8×
ELS Equity Lifestyle Properties, Inc. compare 34.1×
CPT Camden Property Trust compare 57.8×
Reit Residential industry median 17.9×
Real Estate sector median 11.0×
Market median 14.2×

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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