Essex Property Trust Inc
NYSE:ESS

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Essex Property Trust Inc
NYSE:ESS
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Price: 284.43 USD -1.14% Market Closed
Market Cap: 18.3B USD
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Gross Margin
Essex Property Trust Inc

70.8%
Current
70%
Average
49.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
70.8%
=
Gross Profit
1.2B
/
Revenue
1.7B

Gross Margin Across Competitors

Country US
Market Cap 18.3B USD
Gross Margin
71%
Country US
Market Cap 31.5B USD
Gross Margin
64%
Country US
Market Cap 27.2B USD
Gross Margin
64%
Country US
Market Cap 19.7B USD
Gross Margin
59%
Country US
Market Cap 17.8B EUR
Gross Margin
52%
Country US
Market Cap 18B USD
Gross Margin
60%
Country US
Market Cap 15.8B USD
Gross Margin
47%
Country US
Market Cap 14.3B USD
Gross Margin
65%
Country US
Market Cap 13.6B USD
Gross Margin
56%
Country US
Market Cap 12.5B USD
Gross Margin
61%
Country US
Market Cap 12.4B USD
Gross Margin
51%
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Essex Property Trust Inc
Glance View

Market Cap
18.3B USD
Industry
Real Estate
Economic Moat
None

Essex Property Trust Inc. is a compelling narrative of growth, rooted in the ever-thriving West Coast real estate market. Founded in 1971 and headquartered in San Mateo, California, Essex has steadily carved a dominant presence in the multifamily housing sector. The company operates as a fully integrated real estate investment trust (REIT), which focuses on the ownership, operation, and development of apartment homes. With an extensive portfolio stretching from Southern California to the Pacific Northwest, Essex strategically invests in areas rich with economic vitality and robust job markets, which often translates into strong demand for housing. By targeting urban and suburban markets characterized by high barriers to entry and limited supply, Essex ensures the sustainability of its rental rates and occupancy levels. The company generates revenue primarily through the leasing of apartment units to tenants. Essex's business model revolves around maximizing rental income and property value appreciation by maintaining high occupancy levels, implementing efficient property management practices, and enhancing the quality of its properties. It continually upgrades its portfolio through renovation projects and strategic acquisitions that align with demographic trends and economic forecasts. This focus on high-demand markets not only cushions the company against economic downturns but also secures stable, recurring rental income. Moreover, by operating as a REIT, Essex is able to distribute a significant portion of its income back to shareholders as dividends, making it an attractive choice for income-focused investors. Through a mix of prudent investment, operational excellence, and a keen understanding of market dynamics, Essex Property Trust cements its status as a leader in the West Coast real estate landscape.

ESS Intrinsic Value
225.8 USD
Overvaluation 21%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
70.8%
=
Gross Profit
1.2B
/
Revenue
1.7B
What is the Gross Margin of Essex Property Trust Inc?

Based on Essex Property Trust Inc's most recent financial statements, the company has Gross Margin of 70.8%.