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Essex Property Trust (LTS:0IIR) Market Cap : $19,267 Mil (As of Dec. 15, 2024)


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What is Essex Property Trust Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Essex Property Trust's share price for the quarter that ended in Sep. 2024 was $295.14. Essex Property Trust's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 64 Mil. Therefore, Essex Property Trust's market cap for the quarter that ended in Sep. 2024 was $18,968 Mil.

Essex Property Trust's quarterly market cap increased from Mar. 2024 ($15,698 Mil) to Jun. 2024 ($17,369 Mil) and increased from Jun. 2024 ($17,369 Mil) to Sep. 2024 ($18,968 Mil).

Essex Property Trust's annual market cap declined from Dec. 2021 ($22,225 Mil) to Dec. 2022 ($13,721 Mil) but then increased from Dec. 2022 ($13,721 Mil) to Dec. 2023 ($16,012 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Essex Property Trust's Enterprise Value for Today is $25,540 Mil.


Essex Property Trust Market Cap Historical Data

The historical data trend for Essex Property Trust's Market Cap 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 Market Cap Chart

Essex Property Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19,682.83 15,354.06 22,224.91 13,720.72 16,012.35

Essex Property Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap 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 13,474.91 16,012.35 15,698.48 17,368.94 18,967.91

Competitive Comparison of Essex Property Trust's Market Cap

For the REIT - Residential subindustry, Essex Property Trust's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Essex Property Trust's Market Cap distribution charts can be found below:

* The bar in red indicates where Essex Property Trust's Market Cap falls into.



Essex Property Trust Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Essex Property Trust's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$249.4*64.2035
=$16,012

Essex Property Trust's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=$295.14*64.2675
=$18,968

* 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  (LTS:0IIR) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Essex Property Trust Market Cap Related Terms

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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 254 apartment communities with over 62,000 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.

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