Essex Property Trust (MEX:ESS) EBIT: MXN15,876 Mil (TTM As of Mar. 2026)


MEX:ESS Essex Property Trust Inc MEX:ESS
78 GF Score
Price MXN4,081.12
GF Value MXN3,983.94
! 12 Warning Signs
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What is Essex Property Trust EBIT?

Essex Property Trust MEX:ESS 78 EBIT is MXN15,876 Mil as of Mar. 2026. GuruFocus rates MEX:ESS with a GF Score™ of 78/100 and a GF Value™ of MXN3,983.94. The stock has 12 warning signs investors should review.

Essex Property Trust's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was MXN3,206 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN15,876 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Essex Property Trust's annualized ROC % for the quarter that ended in Mar. 2026 was 4.74%. Essex Property Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,412.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Essex Property Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.57%.


Essex Property Trust  (MEX:ESS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Essex Property Trust's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=10933.516 * ( 1 - 0% )/( (231080.868 + 229993.277)/ 2 )
=10933.516/230537.0725
=4.74 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=236937.168 - 7558.649 - ( 3138.592 - max(0, 7558.649 - 5856.3+3138.592))
=231080.868

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=236146.989 - 8306.745 - ( 2425.867 - max(0, 8390.778 - 6237.745+2425.867))
=229993.277

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Essex Property Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=12822.836/( ( (915.284 + max(-7205.666, 0)) + (900.86 + max(-7955.307, 0)) )/ 2 )
=12822.836/( ( 915.284 + 900.86 )/ 2 )
=12822.836/908.072
=1,412.09 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(184.72 + 0 + 168.263) - (7558.649 + 0 + 0)
=-7205.666

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(181.842 + 0 + 169.597) - (8306.745 + 0 + 0.0010000000002037)
=-7955.307

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Essex Property Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=15876.384/445338.824
=3.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Essex Property Trust EBIT Related Terms


Essex Property Trust EBIT Historical Data

* Premium members only.

The historical data trend for Essex Property Trust's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Essex Property Trust EBIT Chart

Essex Property Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20,179.31 12,805.42 10,924.85 21,832.48 17,306.67

Essex Property Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,636.44 5,588.28 4,354.62 2,727.77 3,205.71

MEX:ESS vs INVH, SUI, MAA: EBIT Comparison

For the REIT - Residential subindustry, Essex Property Trust's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Essex Property Trust EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Essex Property Trust's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Essex Property Trust's EV-to-EBIT falls into.


MEX:ESS
78GF Score
Essex Property Trust Inc MEX:ESS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Essex Property Trust EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN15,876 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN15,876 Mil mean?
Essex Property Trust (MEX:ESS) has a EBIT of MXN15,876 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Essex Property Trust.
Is Essex Property Trust's EBIT too high?
Essex Property Trust's current EBIT is MXN15,876 Mil. Overall, Essex Property Trust has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Essex Property Trust's EBIT compare to INVH and SUI?
Essex Property Trust's EBIT of MXN15,876 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a REITs company?
A good EBIT depends on the REITs industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Essex Property Trust. Essex Property Trust's current EBIT is MXN15,876 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essex Property Trust stock overvalued right now?
Essex Property Trust (MEX:ESS) has a current EBIT of MXN15,876 Mil. The stock's GF Value™ is MXN3,983.94, compared to a current price of MXN4,081.12 — trading 2.4% above its estimated fair value. The current EBIT is MXN15,876 Mil. Essex Property Trust's overall GF Score™ is 78/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Essex Property Trust (MEX:ESS), the current EBIT is MXN15,876 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Essex Property Trust (MEX:ESS) Overvalued in 2026?

Based on GuruFocus' analysis, Essex Property Trust stock appears to be overvalued. The current stock price of MXN4,081.12 is trading 2.4% above its estimated GF Value™ of MXN3,983.94.

Key valuation signals for MEX:ESS:

  • EBIT: MXN15,876 Mil
  • GF Value™: MXN3,983.94 vs. price of MXN4,081.12 (2.4% above fair value)
  • GF Score™: 78/100 with 12 warning signs

No single metric tells the full story. See the MEX:ESS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Essex Property Trust Business Description

Industry Real EstateREITs
Address 1100 Park Place, Suite 200, San Mateo, CA, USA, 94403
Essex Property Trust owns a portfolio of 259 apartment communities with over 63,000 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.
78GF Score

Get the complete analysis for MEX:ESS

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN4,081.12
Price
MXN3,983.94
GF Value