3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Essex Property Trust's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 13.30%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Essex Property Trust's 3-Year ROIIC % or its related term are showing as below:
MEX:ESS's 3-Year ROIIC % is ranked better than 84.43% of 700
companies
in the REITs industry
Industry Median: 3.47
vs MEX:ESS: 13.30
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Essex Property Trust 3-Year ROIIC % Related Terms
Essex Property Trust 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Essex Property Trust's 3-Year ROIIC % 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.
MEX:ESS vs INVH, SUI, MAA: 3-Year ROIIC % Comparison
For the REIT - Residential subindustry, Essex Property Trust's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, Essex Property Trust's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Essex Property Trust's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Essex Property Trust (MEX:ESS) has a 3-Year ROIIC % of 13.30 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Essex Property Trust and its competitors. This is 33% below median its historical median of 19.79. According to the industry distribution chart, Essex Property Trust ranks #109 out of 700 companies in the REITs industry, placing it in the top 15.6%.
Is Essex Property Trust's 3-Year ROIIC % too high?
Essex Property Trust's current 3-Year ROIIC % of 13.30 is 33% below median its 10-year median of 19.79. The REITs industry median 3-Year ROIIC % is 3.47. Essex Property Trust's value of 13.30 is 283.3% above this industry median. Based on the distribution chart, Essex Property Trust ranks #109 out of 700 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. 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 3-Year ROIIC % compare to INVH and SUI?
According to the REITs industry distribution chart, Essex Property Trust ranks #109 out of 700 companies for 3-Year ROIIC %. This places Essex Property Trust in the top 16% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.47. Essex Property Trust's value of 13.30 is 283.3% above this benchmark. While the company's 10-year median is 19.79 vs. the industry median of 3.47, 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 3-Year ROIIC % for a REITs company?
The median 3-Year ROIIC % among REITs companies is 3.47, based on 700 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Essex Property Trust's current 3-Year ROIIC % of 13.30 is 283.3% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Essex Property Trust and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Essex Property Trust's current 3-Year ROIIC % is 13.30, which is 33% below median its own 10-year median of 19.79. 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 3-Year ROIIC % of 13.30. The stock's GF Value™ is MXN3,852.15, compared to a current price of MXN4,081.12 — trading 5.9% above its estimated fair value. The current 3-Year ROIIC % is 13.30, which is 33% below median its 10-year median of 19.79 and 283.3% above the REITs industry median of 3.47. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Essex Property Trust (MEX:ESS), the current 3-Year ROIIC % is 13.30 as of Dec. 2025. 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 5.9% above its estimated GF Value™ of MXN3,852.15.
Key valuation signals for MEX:ESS:
3-Year ROIIC %: 13.30 (33% below median its 10-year median of 19.79)
GF Value™: MXN3,852.15 vs. price of MXN4,081.12 (5.9% above fair value)
Industry Position: 283.3% above the REITs median (#109 of 700)
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 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
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