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Essex Property TrustESS +0.40%79 EV-to-Revenue is 12.57 as of Sep. 21, 2026, which is 17% below its 10-year median of 15.17. GuruFocus rates ESS with a GF Score™ of 79/100 and a GF Value™ of $285.92 (Fairly Valued). The stock has 8 warning signs investors should review. Among 913 REITs companies, Essex Property Trust ranks worse than 66.48% on this metric.
EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, Essex Property Trust's enterprise value is $24,213 Mil.
Essex Property Trust's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was $1,927 Mil. Therefore, Essex Property Trust's EV-to-Revenue for today is 12.57.
The historical rank and industry rank for Essex Property Trust's EV-to-Revenue or its related term are showing as below:
ESS'
s EV-to-Revenue Range Over the Past 10 Years
Min: 11.58 Med: 15.17 Max: 20.33
Current: 12.57
During the past 13 years, the highest EV-to-Revenue of Essex Property Trust was 20.33. The lowest was 11.58. And the median was 15.17.
ESS's EV-to-Revenue is ranked worse than 66.48% of 913
companies
in the REITs industry
Industry Median: 9.83
vs ESS: 12.57
Essex Property Trust's share price for today is $271.135.
Essex Property Trust's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $29.92.
* 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 EV-to-Revenue Related Terms
Essex Property Trust EV-to-Revenue Historical Data
* Premium members only.
The historical data trend for Essex Property Trust's EV-to-Revenue 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.
For the REIT - Residential subindustry, Essex Property Trust's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue 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-Revenue vs REITs Industry
For the REITs industry and Real Estate sector, Essex Property Trust's EV-to-Revenue distribution charts can be found below:
* The bar in red indicates where Essex Property Trust's EV-to-Revenue falls into.
Essex Property Trust's current Enterprise Value is $24,213 Mil.
Essex Property Trust's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,927 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.
Essex Property Trust (ESS) has a EV-to-Revenue of 12.57 as of Sep. 21, 2026. EV to Revenue ratio is the company's enterprise value divided by sales. View historical data on Essex Property Trust and its competitors. This is 17% below median its historical median of 15.17. Over the past decade, Essex Property Trust's EV-to-Revenue has ranged from 11.58 to 20.33. According to the industry distribution chart, Essex Property Trust ranks #607 out of 913 companies in the REITs industry, placing it in the top 66.5%.
Is Essex Property Trust's EV-to-Revenue too high?
Essex Property Trust's current EV-to-Revenue of 12.57 is 17% below median its 10-year median of 15.17. Over the past 10 years, this metric has ranged from a low of 11.58 to a high of 20.33. The REITs industry median EV-to-Revenue is 9.83. Essex Property Trust's value of 12.57 is 27.9% above this industry median. Based on the distribution chart, Essex Property Trust ranks #607 out of 913 companies in the REITs industry, which is below the industry midpoint. Overall, Essex Property Trust has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Essex Property Trust's EV-to-Revenue compare to INVH and MAA?
According to the REITs industry distribution chart, Essex Property Trust ranks #607 out of 913 companies for EV-to-Revenue. This places Essex Property Trust in the lower half of its industry. The industry median EV-to-Revenue is 9.83. Essex Property Trust's value of 12.57 is 27.9% above this benchmark. Historically, Essex Property Trust's own EV-to-Revenue has ranged from 11.58 to 20.33 over the past decade. While the company's 10-year median is 15.17 vs. the industry median of 9.83, Essex Property Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-Revenue for a REITs company?
The median EV-to-Revenue among REITs companies is 9.83, based on 913 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-Revenue significantly above this median, while those in the bottom quartile fall well below. However, EV-to-Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Essex Property Trust's current EV-to-Revenue of 12.57 is 27.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-Revenue mean?
A high EV-to-Revenue can signal that a stock is expensive relative to its fundamentals. EV to Revenue ratio is the company's enterprise value divided by sales. View historical data on Essex Property Trust and its competitors. For the REITs industry, the median EV-to-Revenue is 9.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Essex Property Trust's current EV-to-Revenue is 12.57, which is 17% below median its own 10-year median of 15.17. 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?
Based on GuruFocus' analysis, Essex Property Trust (ESS) is currently considered Fairly Valued. The stock's GF Value™ is $285.92, compared to a current price of $271.14 — trading 5.2% below its estimated fair value. The current EV-to-Revenue is 12.57, which is 17% below median its 10-year median of 15.17 and 27.9% above the REITs industry median of 9.83. Essex Property Trust's overall GF Score™ is 79/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-Revenue calculated?
EV-to-Revenue is calculated from a company's financial statements. For Essex Property Trust (ESS), the current EV-to-Revenue is 12.57 as of Sep. 21, 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 (ESS) Overvalued in 2026?
Based on GuruFocus' analysis, Essex Property Trust stock appears to be undervalued.
The current stock price of $271.14 is trading 5.2% below its estimated GF Value™ of $285.92.
GuruFocus considers Essex Property Trust to be Fairly Valued.
Key valuation signals for ESS:
EV-to-Revenue: 12.57 (17% below median its 10-year median of 15.17)
GF Value™: $285.92 vs. price of $271.14 (5.2% below fair value)
Industry Position: 27.9% above the REITs median (#607 of 913)
No single metric tells the full story. See the ESS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
79GF Score
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