Essex Property Financial Ratios
NYSE: ESSReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Essex Property ratio analysis
Essex Property earned a net margin of 37.2% in FY 2025, down from 45.7% a year earlier. Gross margin was 69.9% compared with a median of 70.1% over the prior 3 years. Return on equity reached 12.7%, meaning Essex Property generated 0.13 dollars of profit for every dollar of shareholders' equity.
At the end of FY 2025, ESS traded at 24.7 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 24.6 to 46.9, with a median of 36.9. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Essex Property financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 24.70 | 24.63 | 39.23 | 33.80 | 46.90 | 27.32 | 45.23 | 40.39 | 36.74 | 37.08 |
| Price / sales | 8.76 | 10.29 | 9.54 | 8.58 | 15.91 | 10.39 | 13.58 | 11.24 | 11.65 | 11.76 |
| Price / book | 2.98 | 3.30 | 2.94 | 2.41 | 3.82 | 2.59 | 3.19 | 2.51 | 2.53 | 2.46 |
| Gross margin | 69.9% | 70.0% | 70.1% | 70.2% | — | — | — | — | — | — |
| Operating margin | 47.6% | 39.6% | 35.0% | 37.0% | 36.8% | 32.9% | 32.9% | 36.6% | 34.7% | 32.5% |
| Net margin | 37.2% | 45.7% | 25.8% | 26.9% | 35.8% | 40.1% | 31.8% | 27.9% | 31.8% | 32.1% |
| Free cash flow margin | 53.6% | 60.0% | 58.2% | 59.0% | 59.4% | 46.4% | 52.1% | 46.0% | 46.3% | 55.4% |
| Return on equity (ROE) | 12.7% | 14.7% | 7.9% | 7.6% | 8.6% | 10.0% | 7.5% | 6.2% | 6.9% | 6.7% |
| Return on assets (ROA) | 5.3% | 6.3% | 3.5% | 3.5% | 4.0% | 4.6% | 3.7% | 3.2% | 3.5% | 3.4% |
| Debt / equity | — | — | — | — | 0.11 | 0.11 | 0.16 | 0.29 | 0.32 | 0.35 |
| Revenue growth | 6.4% | 6.3% | 3.9% | 11.5% | -3.7% | 2.4% | 4.3% | 2.7% | 5.4% | 8.3% |
| EPS growth | -9.9% | 82.6% | 0.8% | -16.5% | -13.6% | 30.5% | 12.9% | -10.2% | 4.8% | 79.7% |