Essex Property Trust Inc
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 257 apartment communities comprising over 62,000 apartment homes with an additional property in active development.
Essex Property Trust Inc (ESS) - Net Assets
Latest net assets as of December 2025: $5.74 Billion USD
Based on the latest financial reports, Essex Property Trust Inc (ESS) has net assets worth $5.74 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.16 Billion) and total liabilities ($7.42 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $5.74 Billion |
| % of Total Assets | 43.6% |
| Annual Growth Rate | 13.56% |
| 5-Year Change | -7.64% |
| 10-Year Change | -9.47% |
| Growth Volatility | 42.67 |
Essex Property Trust Inc - Net Assets Trend (1994–2025)
This chart illustrates how Essex Property Trust Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Essex Property Trust Inc (1994–2025)
The table below shows the annual net assets of Essex Property Trust Inc from 1994 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $5.74 Billion | -0.25% |
| 2024-12-31 | $5.75 Billion | +2.22% |
| 2023-12-31 | $5.63 Billion | -5.00% |
| 2022-12-31 | $5.92 Billion | -4.65% |
| 2021-12-31 | $6.21 Billion | -0.07% |
| 2020-12-31 | $6.22 Billion | -3.50% |
| 2019-12-31 | $6.44 Billion | +0.18% |
| 2018-12-31 | $6.43 Billion | -0.10% |
| 2017-12-31 | $6.44 Billion | +1.56% |
| 2016-12-31 | $6.34 Billion | -0.71% |
| 2015-12-31 | $6.38 Billion | +3.62% |
| 2014-12-31 | $6.16 Billion | +207.57% |
| 2013-12-31 | $2.00 Billion | +6.27% |
| 2012-12-31 | $1.88 Billion | +21.29% |
| 2011-12-31 | $1.55 Billion | +14.67% |
| 2010-12-31 | $1.36 Billion | +6.40% |
| 2009-12-31 | $1.27 Billion | +17.95% |
| 2008-12-31 | $1.08 Billion | +0.70% |
| 2007-12-31 | $1.07 Billion | +26.40% |
| 2006-12-31 | $848.33 Million | +4.19% |
| 2005-12-31 | $814.18 Million | -2.07% |
| 2004-12-31 | $831.41 Million | -0.25% |
| 2003-12-31 | $833.50 Million | +10.57% |
| 2002-12-31 | $753.84 Million | +18.14% |
| 2001-12-31 | $638.08 Million | +1.31% |
| 2000-12-31 | $629.80 Million | +0.61% |
| 1999-12-31 | $625.98 Million | +20.33% |
| 1998-12-31 | $520.23 Million | +21.69% |
| 1997-12-31 | $427.50 Million | +72.32% |
| 1996-12-31 | $248.09 Million | +123.30% |
| 1995-12-31 | $111.10 Million | -0.09% |
| 1994-12-31 | $111.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Essex Property Trust Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 112079500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.00K | 0.00% |
| Other Components | $6.69 Billion | 120.72% |
| Total Equity | $5.54 Billion | 100.00% |
Essex Property Trust Inc Competitors by Market Cap
The table below lists competitors of Essex Property Trust Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fabrinet
NYSE:FN
|
$16.02 Billion |
|
Hyundai Mobis Co.,Ltd
KO:012330
|
$16.03 Billion |
|
Astra International Tbk PT
PINK:PTAIY
|
$16.05 Billion |
|
Zscaler Inc
NASDAQ:ZS
|
$16.06 Billion |
|
F5 Networks Inc
NASDAQ:FFIV
|
$16.00 Billion |
|
HCL Technologies Limited
NSE:HCLTECH
|
$15.89 Billion |
|
Textron Inc
NYSE:TXT
|
$15.83 Billion |
|
SGS SA
PINK:SGSOF
|
$15.81 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Essex Property Trust Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,537,046,000 to 5,541,372,000, a change of 4,326,000 (0.1%).
- Net income of 672,488,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 24,655,000.
- Other factors decreased equity by 643,507,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $672.49 Million | +12.14% |
| Other Comprehensive Income | $-24.66 Million | -0.44% |
| Other Changes | $-643.51 Million | -11.61% |
| Total Change | $- | 0.08% |
Book Value vs Market Value Analysis
This analysis compares Essex Property Trust Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.92x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 18.81x to 2.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $13.35 | $251.06 | x |
| 1995-12-31 | $13.57 | $251.06 | x |
| 1996-12-31 | $33.76 | $251.06 | x |
| 1997-12-31 | $27.97 | $251.06 | x |
| 1998-12-31 | $30.95 | $251.06 | x |
| 1999-12-31 | $33.85 | $251.06 | x |
| 2000-12-31 | $33.65 | $251.06 | x |
| 2001-12-31 | $30.38 | $251.06 | x |
| 2002-12-31 | $26.24 | $251.06 | x |
| 2003-12-31 | $27.20 | $251.06 | x |
| 2004-12-31 | $25.53 | $251.06 | x |
| 2005-12-31 | $24.84 | $251.06 | x |
| 2006-12-31 | $25.99 | $251.06 | x |
| 2007-12-31 | $31.49 | $251.06 | x |
| 2008-12-31 | $33.28 | $251.06 | x |
| 2009-12-31 | $35.40 | $251.06 | x |
| 2010-12-31 | $38.83 | $251.06 | x |
| 2011-12-31 | $44.06 | $251.06 | x |
| 2012-12-31 | $47.33 | $251.06 | x |
| 2013-12-31 | $50.60 | $251.06 | x |
| 2014-12-31 | $106.23 | $251.06 | x |
| 2015-12-31 | $95.87 | $251.06 | x |
| 2016-12-31 | $94.41 | $251.06 | x |
| 2017-12-31 | $95.26 | $251.06 | x |
| 2018-12-31 | $94.83 | $251.06 | x |
| 2019-12-31 | $94.34 | $251.06 | x |
| 2020-12-31 | $91.52 | $251.06 | x |
| 2021-12-31 | $92.08 | $251.06 | x |
| 2022-12-31 | $87.81 | $251.06 | x |
| 2023-12-31 | $84.40 | $251.06 | x |
| 2024-12-31 | $86.18 | $251.06 | x |
| 2025-12-31 | $85.97 | $251.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Essex Property Trust Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.14%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.38%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 2.37x
- Recent ROE (12.14%) is above the historical average (7.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 3.90% | 16.18% | 0.08x | 3.18x | $-5.17 Million |
| 1995 | 12.75% | 21.64% | 0.18x | 3.23x | $2.33 Million |
| 1996 | 3.58% | 17.52% | 0.12x | 1.68x | $-15.93 Million |
| 1997 | 6.86% | 34.67% | 0.11x | 1.73x | $-13.43 Million |
| 1998 | 5.06% | 21.02% | 0.13x | 1.79x | $-25.70 Million |
| 1999 | 6.96% | 29.83% | 0.14x | 1.70x | $-19.03 Million |
| 2000 | 7.04% | 24.27% | 0.14x | 2.04x | $-18.63 Million |
| 2001 | 7.61% | 27.06% | 0.13x | 2.08x | $-15.26 Million |
| 2002 | 10.76% | 25.39% | 0.13x | 3.30x | $3.74 Million |
| 2003 | 6.43% | 15.82% | 0.14x | 2.93x | $-21.02 Million |
| 2004 | 13.48% | 27.49% | 0.13x | 3.75x | $20.57 Million |
| 2005 | 13.72% | 25.37% | 0.14x | 3.85x | $21.62 Million |
| 2006 | 10.25% | 18.47% | 0.14x | 4.06x | $1.53 Million |
| 2007 | 14.63% | 30.51% | 0.13x | 3.77x | $36.61 Million |
| 2008 | 7.73% | 16.00% | 0.13x | 3.75x | $-19.14 Million |
| 2009 | 3.52% | 9.02% | 0.13x | 3.09x | $-68.20 Million |
| 2010 | 3.12% | 8.76% | 0.11x | 3.25x | $-79.06 Million |
| 2011 | 3.27% | 10.07% | 0.12x | 2.81x | $-96.68 Million |
| 2012 | 7.08% | 23.41% | 0.11x | 2.74x | $-51.63 Million |
| 2013 | 8.27% | 25.60% | 0.12x | 2.75x | $-32.61 Million |
| 2014 | 2.03% | 12.58% | 0.08x | 1.92x | $-480.12 Million |
| 2015 | 3.72% | 19.43% | 0.10x | 1.92x | $-391.65 Million |
| 2016 | 6.70% | 32.07% | 0.11x | 1.97x | $-204.24 Million |
| 2017 | 6.90% | 31.75% | 0.11x | 1.99x | $-194.68 Million |
| 2018 | 6.23% | 27.87% | 0.11x | 1.98x | $-236.55 Million |
| 2019 | 7.06% | 30.08% | 0.11x | 2.04x | $-182.76 Million |
| 2020 | 9.48% | 38.03% | 0.12x | 2.16x | $-31.17 Million |
| 2021 | 8.15% | 33.91% | 0.11x | 2.17x | $-110.81 Million |
| 2022 | 7.14% | 25.41% | 0.13x | 2.16x | $-163.32 Million |
| 2023 | 7.48% | 24.31% | 0.14x | 2.28x | $-136.45 Million |
| 2024 | 13.39% | 41.79% | 0.14x | 2.33x | $187.82 Million |
| 2025 | 12.14% | 35.38% | 0.14x | 2.37x | $118.35 Million |
Industry Comparison
This section compares Essex Property Trust Inc's net assets metrics with peer companies in the REIT - Residential industry.
Industry Context
- Industry: REIT - Residential
- Average net assets among peers: $1,567,460,600
- Average return on equity (ROE) among peers: 0.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Essex Property Trust Inc (ESS) | $5.74 Billion | 3.90% | 1.29x | $16.02 Billion |
| Apartment Investment and Management Co (AIV) | $1.90 Billion | 3.39% | 1.24x | $560.76 Million |
| American Homes 4 Rent (AMH) | $3.47 Million | -1.21% | 0.01x | $9.13 Billion |
| Altarea SCA (ATRRF) | $807.10 Million | -58.59% | 3.65x | $599.60 Million |
| AvalonBay Communities Inc (AVB) | $10.99 Billion | 7.15% | 0.74x | $22.59 Billion |
| Bluerock Homes Trust Inc. (BHM) | $461.97 Million | 7.43% | 0.17x | $26.77 Million |
| Boardwalk Real Estate Investment Trust (BOWFF) | $8.10 Million | 4.94% | 13.70x | $1.81 Billion |
| BRT Realty Trust (BRT) | $132.06 Million | 9.09% | 0.50x | $165.50 Million |
| BSR Real Estate Investment Trust (BSRTF) | $975.75 Million | 23.29% | 1.11x | $404.42 Million |
| Canadian Apartment Properties REIT (CDPYF) | $204.11 Million | 8.76% | 1.59x | $4.34 Billion |
| Clipper Realty Inc (CLPR) | $185.59 Million | -1.27% | 4.67x | $39.85 Million |