XNYSESS
Market cap18bUSD
Dec 27, Last price
284.43USD
1D
-1.14%
1Q
-3.45%
Jan 2017
22.34%
Name
Essex Property Trust Inc
Chart & Performance
Profile
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.
IPO date
Jun 07, 1994
Employees
1,770
Domiciled in
US
Incorporated in
US
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 1,669,395 3.89% | 1,606,814 11.54% | 1,440,556 -3.69% | |||||||
Cost of revenue | 608,191 | 564,550 | 533,285 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,061,204 | 1,042,264 | 907,271 | |||||||
NOPBT Margin | 63.57% | 64.87% | 62.98% | |||||||
Operating Taxes | (299,672) | (10,236) | 15,668 | |||||||
Tax Rate | 1.73% | |||||||||
NOPAT | 1,360,876 | 1,052,500 | 891,603 | |||||||
Net income | 405,825 -0.61% | 408,315 -16.42% | 488,554 -14.12% | |||||||
Dividends | (586,976) | (565,924) | (542,860) | |||||||
Dividend yield | 3.68% | 4.10% | 2.37% | |||||||
Proceeds from repurchase of equity | (96,004) | (170,515) | 1,844,964 | |||||||
BB yield | 0.60% | 1.24% | -8.05% | |||||||
Debt | ||||||||||
Debt current | 403,109 | 52,073 | 341,257 | |||||||
Long-term debt | 5,932,808 | 6,043,503 | 6,087,503 | |||||||
Deferred revenue | 1,700 | 2,400 | ||||||||
Other long-term liabilities | (258,428) | 423,759 | 428,614 | |||||||
Net debt | 4,706,845 | 4,812,661 | 5,000,491 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 980,064 | 975,649 | 905,259 | |||||||
CAPEX | (163,193) | (121,195) | ||||||||
Cash from investing activities | (145,140) | 145,958 | (397,397) | |||||||
Cash from financing activities | (477,271) | (1,137,564) | (533,265) | |||||||
FCF | 1,527,499 | 951,188 | 894,774 | |||||||
Balance | ||||||||||
Cash | 479,544 | 155,424 | 250,467 | |||||||
Long term investments | 1,149,528 | 1,127,491 | 1,177,802 | |||||||
Excess cash | 1,545,602 | 1,202,574 | 1,356,241 | |||||||
Stockholders' equity | (1,030,537) | (827,810) | (704,807) | |||||||
Invested Capital | 12,669,118 | 13,202,415 | 13,705,080 | |||||||
ROIC | 10.52% | 7.82% | 6.53% | |||||||
ROCE | 9.12% | 8.42% | 6.98% | |||||||
EV | ||||||||||
Common stock shares outstanding | 64,253 | 65,098 | 65,089 | |||||||
Price | 247.94 17.00% | 211.92 -39.83% | 352.23 48.36% | |||||||
Market cap | 15,930,984 15.48% | 13,795,608 -39.83% | 22,926,254 47.28% | |||||||
EV | 20,841,266 | 18,814,163 | 28,144,316 | |||||||
EBITDA | 1,609,642 | 1,581,583 | 1,427,337 | |||||||
EV/EBITDA | 12.95 | 11.90 | 19.72 | |||||||
Interest | 212,905 | 196,891 | 192,351 | |||||||
Interest/NOPBT | 20.06% | 18.89% | 21.20% |