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Essex Property Trust (Essex Property Trust) EV-to-EBIT : 33.67 (As of Apr. 26, 2024)


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What is Essex Property Trust EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Essex Property Trust's Enterprise Value is $21,698 Mil. Essex Property Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $644 Mil. Therefore, Essex Property Trust's EV-to-EBIT for today is 33.67.

The historical rank and industry rank for Essex Property Trust's EV-to-EBIT or its related term are showing as below:

ESS' s EV-to-EBIT Range Over the Past 10 Years
Min: 21.28   Med: 36.48   Max: 72.69
Current: 33.67

During the past 13 years, the highest EV-to-EBIT of Essex Property Trust was 72.69. The lowest was 21.28. And the median was 36.48.

ESS's EV-to-EBIT is ranked worse than
75.39% of 577 companies
in the REITs industry
Industry Median: 20.04 vs ESS: 33.67

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Essex Property Trust's Enterprise Value for the quarter that ended in Dec. 2023 was $21,913 Mil. Essex Property Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $644 Mil. Essex Property Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.94%.


Essex Property Trust EV-to-EBIT Historical Data

The historical data trend for Essex Property Trust's EV-to-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.

* Premium members only.

Essex Property Trust EV-to-EBIT Chart

Essex Property Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.73 26.48 40.79 30.11 34.05

Essex Property Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-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 30.11 26.79 27.64 26.04 34.05

Competitive Comparison of Essex Property Trust's EV-to-EBIT

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's EV-to-EBIT Distribution in the 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.



Essex Property Trust EV-to-EBIT Calculation

Essex Property Trust's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=21697.745/644.446
=33.67

Essex Property Trust's current Enterprise Value is $21,698 Mil.
Essex Property Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $644 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  (NYSE:ESS) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Essex Property Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=644.446/21913.33479
=2.94 %

Essex Property Trust's Enterprise Value for the quarter that ended in Dec. 2023 was $21,913 Mil.
Essex Property Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $644 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Essex Property Trust's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Essex Property Trust (Essex Property Trust) Business Description

Traded in Other Exchanges
Address
1100 Park Place, Suite 200, San Mateo, CA, USA, 94403
Essex Property Trust owns a portfolio of 252 apartment communities with over 62,000 units and is developing another property with 264 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.
Executives
Anne Morrison officer: SVP - General Counsel C/O ESSEX PROPERTY TRUST, INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Amal M Johnson director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Angela L. Kleiman officer: Executive Vice President & CFO 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Michael J Schall director, officer: Sr. Exec. Vice President & CFO C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Adam W Berry officer: Co-Chief Investment Officer C/O ESSEX PROPERTY TRUST, INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Barbara Pak officer: Executive Vice President & CFO C/O ESSEX PROPERTY TRUST, INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
John Farias officer: Group Vice President and CAO C/O ESSEX PROPERTY TRUST, INC, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Lyons Irving F Iii director C/O ESSEX PROPERTY TRUST, INC., 925 E. MEADOW DRIVE, PALO ALTO CA 94303
Thomas E Robinson director 309 GARRISON FOREST ROAD, OWNINGS MILLS MD 21117
Byron A Scordelis director
Maria R Hawthorne director 701 WESTERN AVENUE, GLENDALE CA 91201
John F. Burkart officer: Executive Vice President C/O ESSEX PROPERTY TRUST INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Craig K Zimmerman officer: Executive Vice President C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Janice L. Sears director 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
John D Eudy officer: Executive Vice President C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403