Question 1

What is Essex Property Trust's EV/EBITDA ratio?

Accepted Answer

Essex Property Trust (ESS) EV/EBITDA ratio is 17.5× as of July 22, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Essex Property Trust?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes.

Question 5

Is Essex Property Trust's EV/EBITDA ratio high or low?

Accepted Answer

Essex Property Trust's EV/EBITDA ratio of 17.5× is above its own 5-year average of 17.1×. That places the current reading at the 54th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Essex Property Trust's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Essex Property Trust (ESS) EV/EBITDA ratio has ranged from a low of 5.3× in 2002 to a high of 60.0× in 2007. The 5-year average is 17.1× and the 5-year median is 16.8×.

Question 7

What was Essex Property Trust's EV/EBITDA ratio in 2025?

Accepted Answer

Essex Property Trust (ESS) EV/EBITDA ratio at the end of 2025 was 16.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Essex Property Trust's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$16.9B	$1.45B	16.3×	-5.4×	Dec 31, 2025
2024	$18.3B	$1.14B	21.7×	+6.4×	Dec 31, 2024
2023	$15.9B	$1.42B	15.3×	+2.0×	Dec 31, 2023
2022	$13.7B	$1.47B	13.4×	-5.8×	Dec 31, 2022
2021	$23B	$1.52B	19.1×	+5.8×	Dec 31, 2021
2020	$15.5B	$1.62B	13.3×	-4.8×	Dec 31, 2020
2019	$19.9B	$1.41B	18.1×	+2.2×	Dec 31, 2019
2018	$16.2B	$1.35B	15.9×	-0.3×	Dec 31, 2018
2017	$15.9B	$1.32B	16.2×	-2.5×	Dec 31, 2017
2016	$15.2B	$1.1B	18.7×	-4.3×	Dec 31, 2016
2015	$15.6B	$906M	22.9×	-4.4×	Dec 31, 2015
2014	$13.1B	$660M	27.3×	+9.0×	Dec 31, 2014
2013	$5.38B	$453M	18.3×	-0.6×	Dec 31, 2013
2012	$5.26B	$421M	19.0×	-3.3×	Dec 31, 2012
2011	$4.7B	$314M	22.2×	+2.7×	Dec 31, 2011
2010	$3.39B	$284M	19.5×	+1.6×	Dec 31, 2010
2009	$2.52B	$248M	18.0×	+4.5×	Dec 31, 2009
2008	$1.9B	$269M	13.4×	-11.2×	Dec 31, 2008
2007	$2.45B	$167M	24.6×	-27.2×	Dec 31, 2007
2006	$2.99B	$81.7M	51.8×	+34.1×	Dec 31, 2006
2005	$2.11B	$195M	17.7×	+0.0×	Dec 31, 2005
2004	$1.92B	$183M	17.6×	+3.5×	Dec 31, 2004
2003	$1.36B	$165M	14.1×	+3.0×	Dec 31, 2003
2002	$933M	$155M	11.1×	+5.0×	Dec 31, 2002
2001	$912M	$252M	6.1×	—	Dec 31, 2001

EV/EBITDA for Essex Property Trust (ESS) 2001-2026

EV/EBITDA daily chart for Essex Property Trust (ESS)

Historical EV/EBITDA for Essex Property Trust (ESS) from 2001 to 2025

About EV/EBITDA at Essex Property Trust (ESS)

Essex Property Trust EV/EBITDA by Year

Essex Property Trust EV/EBITDA 2025: 16.3×

Essex Property Trust EV/EBITDA 2024: 21.7×

Essex Property Trust EV/EBITDA 2023: 15.3×

Essex Property Trust EV/EBITDA 2022: 13.4×

Essex Property Trust EV/EBITDA 2021: 19.1×

Frequently asked questions

Essex Property Trust (ESS) Key Financials