Essex Property Trust, Inc. ESS
- Market cap
- $18.1B
- P/E
- 42.2×
Follow ESS
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 | Free account |
Against its own ten years
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)))
More on ESS
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement