With a market capitalization (market cap) of $17.57B — a measure of how much the company is worth — Essex Property Trust, Inc. ranks #651 among the 2,529 companies tracked, and 17th in Real Estate as of September 24, 2026. Shares trade at $273.47, down 0.47% on the day.
of 2,529 tracked
Market-cap change uses historical capitalization records. Share-price returns are a different series — they can diverge when the share count changes. Those returns are not a CAGR until you pick a start value, an ending value, and years. CAGR calculator. Market cap vs. stock price.
Year-end values and the chart both come from historical market-cap records, not from applying today's share count to past prices. Latest historical observation September 23, 2026. Ranking headline cap is the snapshot figure as of September 24, 2026.
| Year | As of | Market cap | Annual change | Year-end close |
|---|---|---|---|---|
| 2026 | Sep 23, 2026 | $17.63B | +4.51% | $273.47 |
| 2025 | Dec 31, 2025 | $16.87B | -8.12% | $261.68 |
| 2024 | Dec 31, 2024 | $18.36B | +15.35% | $285.44 |
| 2023 | Dec 29, 2023 | $15.91B | +16.02% | $247.94 |
Ranking figure $17.57B as of September 24, 2026.
Essex Property Trust, Inc.'s ranking market cap is the provider-reported capitalization on the same snapshot as the rest of this site, with a share price of $273.47 as of September 23, 2026. Charts and the year-end table use a separate historical market-cap series, last observed at $17.63B on September 23, 2026. See how the ranking works.
Live shares outstanding are not on the quote used for price, so this page does not invent a current share count. Shares outstanding vs. float.
The latest annual report (FY 2025) used a weighted-average 64,458,400 shares. That figure is an average for the year, not the live count in the market-cap formula.
Book equity: assets minus liabilities on the latest annual report.
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FY 2025 net worth
Largest U.S.-listed names in the same FMP sector — not a hand-picked competitor set.
| Rank | Company | Market cap | 1D |
|---|---|---|---|
| #94 | Welltower Inc. WELL | $165.69B | -0.20% |
| #123 | Prologis, Inc. PLD | $125.03B | -1.38% |
| #160 | Equinix, Inc. |
Essex Property Trust, Inc., a prominent S&P 500 constituent, operates as a vertically integrated real estate investment trust (REIT). The company focuses on the purchase, construction, renovation, and ongoing management of residential apartment complexes across select West Coast regions. Currently, Essex maintains ownership interests in 246 apartment communities, offering a total of roughly 60,000 homes, with an additional six properties actively advancing through various stages of development.
Summary from the company profile (Financial Modeling Prep). Principal financial figures above are for FY 2025.
Visit websiteAs of September 24, 2026, Essex Property Trust, Inc. (ESS) is worth $17.57B — that is its market capitalization, the total value of its outstanding shares on MarketCapLens.
A company’s net worth is its shareholders’ equity: assets minus liabilities on the balance sheet. That is book equity, not market cap. For FY 2025, Essex Property Trust, Inc.’s book equity is about $5.74B. Market cap is the market value of the outstanding shares. As of September 24, 2026, its market cap is $17.57B. Book equity is an accounting remainder; market cap is a trading value. Neither is a person’s net worth.
Essex Property Trust, Inc. ranks #651 among the 2,529 companies tracked on MarketCapLens. In Real Estate it ranks #17 of 134.
Fundamentals are annual. Figures labeled with their fiscal year. Live ratios use the current price against those annual earnings.
| 2022 |
|---|
| Dec 30, 2022 |
| $13.72B |
| -40.34% |
| $211.92 |
| 2021 | Dec 31, 2021 | $22.99B | — | $352.23 |
|---|
Last observation of each calendar year from historical market-cap records. The current year is through the latest date, not a completed year-end. Share-price close is the matching session for context — we do not rebuild cap from today's share count.
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FY 2025
| $102.39B |
| -2.04% |
| #212 | American Tower Corporation AMT | $79.58B | -2.55% |
| #254 | Digital Realty Trust, Inc. DLR | $67.13B | -2.26% |
| #258 | Simon Property Group, Inc. SPG | $66.21B | -0.87% |
Companies immediately above and below in the overall ranking. They may be in a different sector.
| Rank | Company | Market cap | 1D |
|---|---|---|---|
| #648 | Companhia de Saneamento Básico do Estado de São Paulo - SABESP SBS | $17.67B | -4.08% |
| #649 | C.H. Robinson Worldwide, Inc. CHRW | $17.64B | +0.07% |
| #650 | Zimmer Biomet Holdings, Inc. ZBH | $17.58B | -3.30% |
| #652 | MasTec, Inc. MTZ | $17.47B | -1.88% |
| #653 | Magna International Inc. MGA | $17.35B | -0.09% |
| #654 | Toast, Inc. TOST | $17.29B | +0.54% |
Essex Property Trust, Inc.’s ranking market cap of $17.57B comes from the same snapshot as the rest of this site, as of September 24, 2026. It is not share price multiplied by the FY 2025 weighted-average share count of 64,458,400. The historical market-cap series last observed $17.63B on September 23, 2026.
Over the past year, Essex Property Trust, Inc.’s market cap is up 2.18%, using historical market-cap records rather than today’s share count applied to past prices.
Essex Property Trust, Inc. (ESS) shares trade at $273.47, down 0.47% on the day, as of September 24, 2026.
Essex Property Trust, Inc. trades at a live price-to-earnings (P/E) ratio of 26.3, using the latest share price divided by the latest annual earnings per share. That is not the same as a fiscal-year reported P/E.