Essex Property Trust, Inc. (ESS): Price and Financial Metrics

ESS POWR Grades

• ESS scores best on the Stability dimension, with a Stability rank ahead of 80.78% of US stocks.
• The strongest trend for ESS is in Stability, which has been heading up over the past 48 weeks.
• ESS's current lowest rank is in the Value metric (where it is better than 15.54% of US stocks).

ESS Stock Summary

• ESS has a market capitalization of $21,438,075,098 -- more than approximately 88.19% of US stocks.
• Of note is the ratio of Essex Property Trust Inc's sales and general administrative expense to its total operating expenses; just 4.81% of US stocks have a lower such ratio.
• The ratio of debt to operating expenses for Essex Property Trust Inc is higher than it is for about 92.98% of US stocks.
• Stocks with similar financial metrics, market capitalization, and price volatility to Essex Property Trust Inc are VTR, O, VER, WELL, and PEAK.
• Visit ESS's SEC page to see the company's official filings. To visit the company's web site, go to www.essexapartmenthomes.com.

ESS Valuation Summary

• In comparison to the median Real Estate stock, ESS's price/earnings ratio is 44.87% higher, now standing at 54.4.
• ESS's EV/EBIT ratio has moved up 26.1 over the prior 243 months.
• ESS's price/sales ratio has moved up 10.5 over the prior 243 months.

Below are key valuation metrics over time for ESS.

ESS Growth Metrics

• The 4 year net income to common stockholders growth rate now stands at 158.85%.
• Its 3 year cash and equivalents growth rate is now at 54.23%.
• Its 5 year price growth rate is now at 12.27%.

Over the past 15 months, ESS's revenue has gone down $57,312,000.

The table below shows ESS's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-06-30	1,438.987	805.069	402.696
2021-03-31	1,458.506	731.448	422.308
2020-12-31	1,495.748	803.108	568.87
2020-09-30	1,509.04	865.589	601.943
2020-06-30	1,505.161	915.356	627.617
2020-03-31	1,496.299	930.246	635.434

ESS's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• ESS has a Quality Grade of C, ranking ahead of 61.52% of graded US stocks.
• ESS's asset turnover comes in at 0.111 -- ranking 185th of 457 Trading stocks.
• MN, NRZ, and TROW are the stocks whose asset turnover ratios are most correlated with ESS.

The table below shows ESS's key quality metrics over time.