Buyback yield (TTM)
0.37%
Shareholder yield (TTM)
4.62%
5Y share count change
-1.7%
Buyback spend (TTM)
$58.05M
Cumulative buybacks
$1.18B
Key takeaways
- Essex Property Trust (ESS) repurchased about $58.05M of stock over the trailing twelve months.
- Diluted share count is down 1.7% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 5.33× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at -50.4% per year over the latest 5-year window.
- TTM repurchases used about 20% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Essex Property Trust (ESS)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Essex Property Trust (ESS)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Essex Property Trust (ESS)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Essex Property Trust (ESS)
Latest: $8.11M
Overview
The 2025 reading of Essex Property Trust (ESS) buyback spend is $8.11M – surged 2641.2% year-over-year.
Across 2020–2025 (5 years), Essex Property Trust buyback spend produced a CAGR of -50.4% – with a net decline across the window.
Between 2020 and 2025, Essex Property Trust buyback spend plunged 97.0%, falling from $269.61M to $8.11M.
The record annual buyback spend stands at $269.61M, reached in 2020; the historical low of $0.00 was recorded in 1994.
Essex Property Trust Buyback Spend 2025: $8.11M
Essex Property Trust posted buyback spend of $8.11M in 2025, surged 2641.2% from 2024.
Essex Property Trust Buyback Spend 2024: $296.00K
In 2024, Essex Property Trust reported buyback spend of $296.00K, plunged 99.7% below 2023.
Essex Property Trust Buyback Spend 2023: $96.00M
Essex Property Trust buyback spend in 2023 was $96.00M, plunged 49.5% below 2022.
Essex Property Trust Buyback Spend 2022: $190.04M
2022's buyback spend for Essex Property Trust came in at $190.04M, surged 1874.0% from 2021.
Essex Property Trust Buyback Spend 2021: $9.63M
Essex Property Trust buyback spend in 2021 was $9.63M.
See more financial history for Essex Property Trust (ESS).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $8.11M | $10.20M | −$2.09M | 0.05% | 0.06B | +0.3% | |
| 2024 | $296.00K | $7.16M | −$6.86M | 0.00% | 0.06B | -0.0% | |
| 2023 | $96.00M | $8.03M | $87.97M | 0.60% | 0.06B | -1.3% | |
| 2022 | $190.04M | $7.21M | $182.83M | 1.39% | 0.07B | +0.0% | |
| 2021 | $9.63M | $7.31M | $2.32M | 0.04% | 0.07B | -0.7% | |
| 2020 | $269.61M | $8.16M | $261.45M | 1.74% | 0.07B | -0.6% | |
| 2019 | $56.99M | $7.01M | $49.98M | 0.29% | 0.07B | -0.2% | |
| 2018 | $52.15M | $7.13M | $45.02M | 0.32% | 0.07B | +0.3% | |
| 2017 | $0.00 | $9.29M | −$9.29M | — | 0.07B | +0.5% | |
| 2016 | $75.18M | $10.90M | $64.28M | 0.49% | 0.07B | +0.8% | |
| 2015 | $0.00 | $6.06M | −$6.06M | — | 0.07B | +14.8% | |
| 2014 | $0.00 | $8.74M | −$8.74M | — | 0.06B | +51.9% | |
| 2013 | $0.00 | $4.51M | −$4.51M | — | 0.04B | -0.1% | |
| 2012 | $0.00 | $4.14M | −$4.14M | — | 0.04B | +14.6% | |
| 2011 | $103.80M | $2.93M | $100.87M | 2.21% | 0.03B | +10.2% | |
| 2010 | $0.00 | $3.25M | −$3.25M | — | 0.03B | -0.4% | |
| 2009 | $111.97M | $3.41M | $108.56M | 4.45% | 0.03B | +17.2% | |
| 2008 | $23.79M | $0.00 | $23.79M | 1.25% | 0.03B | +1.2% | |
| 2007 | $32.64M | $0.00 | $32.64M | 1.34% | 0.03B | +6.6% | |
| 2006 | $0.00 | $0.00 | $0.00 | — | 0.02B | +0.7% | |
| 2005 | $25.00M | $0.00 | $25.00M | 1.18% | 0.02B | +1.0% | |
| 2004 | $62.08M | $0.00 | $62.08M | 3.23% | 0.02B | +6.8% | |
| 2003 | $25.77M | $0.00 | $25.77M | 1.90% | 0.02B | +15.8% | |
| 2002 | $20.02M | $0.00 | $20.02M | 2.15% | 0.02B | -10.8% | |
| 2001 | $7.47M | $0.00 | $7.47M | 0.82% | 0.02B | +12.2% | |
| 2000 | $0.00 | $0.00 | $0.00 | — | 0.02B | +1.2% | |
| 1999 | $7.10M | $0.00 | $7.10M | — | 0.02B | +10.0% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 0.02B | +10.0% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 0.02B | +108.0% | |
| 1996 | $0.00 | $0.00 | $0.00 | — | 0.01B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$8.11M
- 2024$296.00K
- 2023$96.00M
- 2022$190.04M
- 2021$9.63M
- 2020$269.61M
- 2019$56.99M
- 2018$52.15M
- 2017$0.00
- 2016$75.18M
- 2015$0.00
- 2014$0.00
- 2013$0.00
- 2012$0.00
- 2011$103.80M
- 2010$0.00
- 2009$111.97M
- 2008$23.79M
- 2007$32.64M
- 2006$0.00
- 2005$25.00M
- 2004$62.08M
- 2003$25.77M
- 2002$20.02M
- 2001$7.47M
- 2000$0.00
- 1999$7.10M
- 1998$0.00
- 1997$0.00
- 1996$0.00
- 1995$0.00
- 1994$0.00
Buybacks vs stock-based compensation for Essex Property Trust (ESS)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 5.33×.
Buybacks vs dividends (share of cash returned) for Essex Property Trust (ESS)
How Essex Property Trust splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Essex Property Trust, ranked by their latest buyback spend.
| $364.60M | |
| $227.15M | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $364.60M
- $227.15M
- $0.00
- $0.00
- $0.00
- $0.00
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $285.67M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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