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- Essex Property Trust
Essex Property Trust Valuation Multiples
Discover revenue and EBITDA valuation multiples for Essex Property Trust and similar public comparables like Azrieli Group, W.P. Carey, Sun Communities, Invitation Homes and more.
Essex Property Trust Overview
About Essex Property Trust
Essex Property Trust owns a portfolio of 258 apartment communities with over 62,000 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
Founded
1971
HQ

Employees
1.7K
Website
Sectors
Financials (LTM)
EV
$23B
Essex Property Trust Financials
Essex Property Trust reported last 12-month revenue of $2B and EBITDA of $1B.
In the same LTM period, Essex Property Trust generated $1B in gross profit, $1B in EBITDA, and $597M in net income.
Revenue (LTM)
Essex Property Trust P&L
In the most recent fiscal year, Essex Property Trust reported revenue of $2B and EBITDA of $2B.
Essex Property Trust expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Profit | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Margin | 69% | XXX | 68% | XXX | XXX | XXX |
| EBITDA | $1B | XXX | $2B | XXX | XXX | XXX |
| EBITDA Margin | 67% | XXX | 83% | XXX | XXX | XXX |
| EBIT Margin | 35% | XXX | 36% | XXX | XXX | XXX |
| Net Profit | $597M | XXX | $670M | XXX | XXX | XXX |
| Net Margin | 31% | XXX | 35% | XXX | XXX | XXX |
| Net Debt | — | — | $7B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Essex Property Trust Stock Performance
Essex Property Trust has current market cap of $17B, and enterprise value of $23B.
Market Cap Evolution
Essex Property Trust's stock price is $256.03.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $23B | $17B | 0.0% | XXX | XXX | XXX | $10.39 |
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Start Free TrialEssex Property Trust Valuation Multiples
Essex Property Trust trades at 12.2x EV/Revenue multiple, and 18.3x EV/EBITDA.
EV / Revenue (LTM)
Essex Property Trust Financial Valuation Multiples
As of March 30, 2026, Essex Property Trust has market cap of $17B and EV of $23B.
Equity research analysts estimate Essex Property Trust's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Essex Property Trust has a P/E ratio of 27.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $17B | XXX | $17B | XXX | XXX | XXX |
| EV (current) | $23B | XXX | $23B | XXX | XXX | XXX |
| EV/Revenue | 12.2x | XXX | 12.3x | XXX | XXX | XXX |
| EV/EBITDA | 18.3x | XXX | 14.8x | XXX | XXX | XXX |
| EV/EBIT | 34.7x | XXX | 34.0x | XXX | XXX | XXX |
| EV/Gross Profit | 17.8x | XXX | 18.1x | XXX | XXX | XXX |
| P/E | 27.6x | XXX | 24.7x | XXX | XXX | XXX |
| EV/FCF | 48.2x | XXX | 24.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Essex Property Trust Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Essex Property Trust Margins & Growth Rates
Essex Property Trust's revenue in the last 12 month grew by 3%.
Essex Property Trust's revenue per employee in the last FY averaged $1.1M, while opex per employee averaged $0.4M for the same period.
Essex Property Trust's rule of 40 is 69% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Essex Property Trust's rule of X is 74% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Essex Property Trust Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 3% | XXX | 3% | XXX | XXX | XXX |
| EBITDA Margin | 67% | XXX | 83% | XXX | XXX | XXX |
| EBITDA Growth | 2% | XXX | (18%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 69% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 74% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.1M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| G&A Expenses to Revenue | 4% | XXX | 4% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 36% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Essex Property Trust Public Comps
See public comps and valuation multiples for other Buildings & Property comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Azrieli Group | XXX | XXX | XXX | XXX | XXX | XXX |
| W.P. Carey | XXX | XXX | XXX | XXX | XXX | XXX |
| Sun Communities | XXX | XXX | XXX | XXX | XXX | XXX |
| Invitation Homes | XXX | XXX | XXX | XXX | XXX | XXX |
| Kimco Realty | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Essex Property Trust M&A Activity
Essex Property Trust acquired XXX companies to date.
Last acquisition by Essex Property Trust was on XXXXXXXX, XXXXX. Essex Property Trust acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Essex Property Trust
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialEssex Property Trust Investment Activity
Essex Property Trust invested in XXX companies to date.
Essex Property Trust made its latest investment on XXXXXXXX, XXXXX. Essex Property Trust invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Essex Property Trust
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Essex Property Trust
| When was Essex Property Trust founded? | Essex Property Trust was founded in 1971. |
| Where is Essex Property Trust headquartered? | Essex Property Trust is headquartered in United States. |
| How many employees does Essex Property Trust have? | As of today, Essex Property Trust has over 1K employees. |
| Who is the CEO of Essex Property Trust? | Essex Property Trust's CEO is Angela L. Kleiman. |
| Is Essex Property Trust publicly listed? | Yes, Essex Property Trust is a public company listed on NYSE. |
| What is the stock symbol of Essex Property Trust? | Essex Property Trust trades under ESS ticker. |
| When did Essex Property Trust go public? | Essex Property Trust went public in 1994. |
| Who are competitors of Essex Property Trust? | Essex Property Trust main competitors are Azrieli Group, W.P. Carey, Sun Communities, Invitation Homes. |
| What is the current market cap of Essex Property Trust? | Essex Property Trust's current market cap is $17B. |
| What is the current revenue of Essex Property Trust? | Essex Property Trust's last 12 months revenue is $2B. |
| What is the current revenue growth of Essex Property Trust? | Essex Property Trust revenue growth (NTM/LTM) is 3%. |
| What is the current EV/Revenue multiple of Essex Property Trust? | Current revenue multiple of Essex Property Trust is 12.2x. |
| Is Essex Property Trust profitable? | Yes, Essex Property Trust is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Essex Property Trust? | Essex Property Trust's last 12 months EBITDA is $1B. |
| What is Essex Property Trust's EBITDA margin? | Essex Property Trust's last 12 months EBITDA margin is 67%. |
| What is the current EV/EBITDA multiple of Essex Property Trust? | Current EBITDA multiple of Essex Property Trust is 18.3x. |
| What is the current FCF of Essex Property Trust? | Essex Property Trust's last 12 months FCF is $481M. |
| What is Essex Property Trust's FCF margin? | Essex Property Trust's last 12 months FCF margin is 25%. |
| What is the current EV/FCF multiple of Essex Property Trust? | Current FCF multiple of Essex Property Trust is 48.2x. |
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