ESSEX PROPERTY TRUST, INC. (ESS) Free cash flow
- Free cash flow · 12 months (USD): Value (m); Formula and calculation Operating cash flow minus capital spending; distinct from the saved levered FCF quote figure. Period ending 2026-06-30..
- Price / free cash flow · 12 months: Value (m); Formula and calculation Market cap / trailing-year free cash flow; inverse of FCF yield before percent scaling. Period ending 2026-06-30..
- Free cash flow yield · 12 months: Value (m); Formula and calculation (Operating cash flow − capital spending) / current market cap. Period ending 2026-06-30..
- Free cash flow margin · 12 months: Value (m); Formula and calculation (Operating cash flow − capital spending) / revenue. Period ending 2026-06-30..
Free cash flow
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Free cash flow · 12 months (USD) | (m) | Operating cash flow minus capital spending; distinct from the saved levered FCF quote figure. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Price / free cash flow · 12 months | (m) | Market cap / trailing-year free cash flow; inverse of FCF yield before percent scaling. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Free cash flow yield · 12 months | (m) | (Operating cash flow − capital spending) / current market cap. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Free cash flow margin · 12 months | (m) | (Operating cash flow − capital spending) / revenue. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Free cash flow per share · 12 months | (m) | (Trailing-year operating cash flow − capital spending) / reported quarter-end common shares. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Operating cash flow · 12 months | $1.12B | Cash generated by operating activities. Period ending 2026-06-30. |
| Operating cash flow / net income · 12 months | (m) | Operating cash flow / net income. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Operating cash flow | 1.12B USD | Net Cash Provided by (Used in) Operating Activities · Net Cash Provided by (Used in) Operating Activities, Continuing Operations |
| Capital spending | (m) | |
| Market cap | (m) | |
| Free cash flow | (m) | Net Cash Provided by (Used in) Operating Activities · Net Cash Provided by (Used in) Operating Activities, Continuing Operations |
| Revenue | 9.29M USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Quarter-end shares | (m) | Common Stock, Shares, Outstanding |
| Net income | (m) | Net Income (Loss) Attributable to Parent |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Free cash flow | FCF per share | Operating cash flow | Capital spending (USD) | Market cap (USD) | Revenue (USD) | Quarter-end shares (shares) | Net income (USD) | Price / FCF | FCF yield | FCF margin | Cash conversion |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | (m) | (m) | $1.12B | (m) | (m) | $9.29M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2026-03-31 | (m) | (m) | $1.08B | (m) | (m) | $9.20M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2025-12-31 | (m) | (m) | $1.07B | (m) | (m) | $9.38M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2025-09-30 | (m) | (m) | $1.06B | (m) | (m) | $9.49M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2025-06-30 | (m) | (m) | $1.03B | (m) | (m) | $9.70M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2025-03-31 | (m) | (m) | $1.03B | (m) | (m) | $10.05M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2024-12-31 | (m) | (m) | $1.07B | (m) | (m) | $10.27M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2024-09-30 | (m) | (m) | $1.05B | (m) | (m) | $10.65M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2024-06-30 | (m) | (m) | $1.03B | (m) | (m) | $10.87M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2024-03-31 | (m) | (m) | $1.02B | (m) | (m) | $11.08M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2023-12-31 | (m) | (m) | $980.06M | (m) | (m) | $11.13M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2023-09-30 | (m) | (m) | $943.30M | (m) | (m) | $11.15M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2023-06-30 | (m) | (m) | $954.43M | (m) | (m) | $11.26M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2023-03-31 | (m) | (m) | $937.42M | (m) | (m) | $11.21M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2022-12-31 | (m) | (m) | $975.65M | (m) | (m) | $11.14M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2022-09-30 | (m) | (m) | $1.01B | (m) | (m) | $10.74M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2022-06-30 | (m) | (m) | $986.73M | (m) | (m) | $10.10M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2022-03-31 | (m) | (m) | $1.03B | (m) | (m) | $9.58M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2021-12-31 | (m) | (m) | $905.26M | (m) | (m) | $9.14M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2021-09-30 | (m) | (m) | $849.55M | (m) | (m) | $8.99M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2021-06-30 | (m) | (m) | $805.07M | (m) | (m) | $9.10M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2021-03-31 | (m) | (m) | $731.45M | (m) | (m) | $9.23M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-12-31 | (m) | (m) | $803.11M | (m) | (m) | $9.60M | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-09-30 | (m) | (m) | $865.59M | (m) | (m) | $1.46B | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-06-30 | (m) | (m) | $915.36M | (m) | (m) | $1.46B | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-03-31 | (m) | (m) | $930.25M | (m) | (m) | $1.46B | (m) | (m) | (m) | (m) | (m) | (m) |
| 2019-12-31 | (m) | (m) | $919.08M | (m) | (m) | $1.46B | (m) | (m) | (m) | (m) | (m) | (m) |
| 2019-09-30 | (m) | (m) | $852.34M | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2019-06-30 | (m) | (m) | $832.87M | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2019-03-31 | (m) | (m) | $813.96M | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2018-12-31 | (m) | (m) | $826.55M | (m) | (m) | (m) | (m) | $390.15M | (m) | (m) | (m) | 2.12× |
| 2018-09-30 | (m) | (m) | $823.72M | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2018-06-30 | (m) | (m) | $817.15M | (m) | (m) | $1.39B | (m) | (m) | (m) | (m) | (m) | (m) |
| 2018-03-31 | (m) | (m) | $811.20M | (m) | (m) | $1.38B | (m) | (m) | (m) | (m) | (m) | (m) |
| 2017-12-31 | (m) | (m) | $766.15M | (m) | (m) | $1.36B | (m) | $433.06M | (m) | (m) | (m) | 1.77× |
| 2017-09-30 | (m) | (m) | $753.31M | (m) | (m) | $1.35B | (m) | $525.01M | (m) | (m) | (m) | 1.43× |
| 2017-06-30 | (m) | (m) | $734.58M | (m) | (m) | $1.33B | (m) | $510.85M | (m) | (m) | (m) | 1.44× |
| 2017-03-31 | (m) | (m) | $735.19M | (m) | (m) | $1.32B | (m) | $512.11M | (m) | (m) | (m) | 1.44× |
| 2016-12-31 | (m) | (m) | $712.52M | (m) | (m) | $1.29B | (m) | $414.98M | (m) | (m) | (m) | 1.72× |
| 2016-09-30 | (m) | (m) | $710.00M | (m) | (m) | $1.28B | (m) | $300.35M | (m) | (m) | (m) | 2.36× |
| 2016-06-30 | (m) | (m) | $680.72M | (m) | (m) | $1.25B | (m) | $278.42M | (m) | (m) | (m) | 2.44× |
| 2016-03-31 | (m) | (m) | $655.47M | (m) | (m) | $1.23B | (m) | $253.28M | (m) | (m) | (m) | 2.59× |
| 2015-12-31 | (m) | (m) | $617.41M | (m) | (m) | $1.19B | (m) | $232.12M | (m) | (m) | (m) | 2.66× |
| 2014-12-31 | (m) | (m) | $492.98M | (m) | (m) | $969.30M | (m) | $122.15M | (m) | (m) | (m) | 4.04× |
| 2014-06-30 | (m) | (m) | $333.52M | (m) | (m) | $735.95M | (m) | $132.98M | (m) | (m) | (m) | 2.51× |
| 2014-03-31 | (m) | (m) | $302.23M | (m) | (m) | $627.34M | (m) | $152.99M | (m) | (m) | (m) | 1.98× |
| 2013-12-31 | (m) | (m) | $304.98M | (m) | (m) | $613.70M | (m) | $156.28M | (m) | (m) | (m) | 1.95× |
| 2013-09-30 | (m) | (m) | $273.25M | (m) | (m) | $603.93M | (m) | $168.20M | (m) | (m) | (m) | 1.62× |
| 2013-06-30 | (m) | (m) | $288.69M | (m) | (m) | $585.69M | (m) | $115.63M | (m) | (m) | (m) | 2.50× |
| 2013-03-31 | (m) | (m) | $281.03M | (m) | (m) | $564.85M | (m) | $127.77M | (m) | (m) | (m) | 2.20× |
| 2012-12-31 | (m) | (m) | $267.50M | (m) | (m) | $543.42M | (m) | $125.28M | (m) | (m) | (m) | 2.14× |
| 2012-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2012-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2012-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-12-31 | (m) | (m) | $216.57M | (m) | (m) | $475.56M | (m) | $47.07M | (m) | (m) | (m) | 4.60× |
| 2011-09-30 | (m) | (m) | $200.07M | (m) | (m) | $461.04M | (m) | $37.09M | (m) | (m) | (m) | 5.39× |
| 2011-06-30 | (m) | (m) | $190.47M | (m) | (m) | $445.31M | (m) | $34.95M | (m) | (m) | (m) | 5.45× |
| 2011-03-31 | (m) | (m) | $179.86M | (m) | (m) | $428.32M | (m) | $31.23M | (m) | (m) | (m) | 5.76× |
| 2010-12-31 | (m) | (m) | $175.53M | (m) | (m) | $415.73M | (m) | $35.93M | (m) | (m) | (m) | 4.88× |
| 2010-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-12-31 | (m) | (m) | $173.59M | (m) | (m) | $411.39M | (m) | $37.11M | (m) | (m) | (m) | 4.68× |
| 2009-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2008-12-31 | (m) | (m) | $181.24M | (m) | (m) | $408.43M | (m) | $62.14M | (m) | (m) | (m) | 2.92× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
Similar stocks
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| SBA COMMUNICATIONS CORP (SBAC) | United States | $17.616B | 18.89 |
| ANNALY CAPITAL MANAGEMENT INC (NLY) | United States | $15.534B | 5.69 |
| HOST HOTELS & RESORTS, INC. (HST) | United States | $15.223B | 15.81 |
| W. P. Carey Inc. (WPC) | United States | $15.027B | 25.03 |
| KIMCO REALTY CORP (KIM) | United States | $14.932B | 27.99 |
| WEYERHAEUSER CO (WY) | United States | $14.523B | 36.55 |
| OMEGA HEALTHCARE INVESTORS INC (OHI) | United States | $14.039B | 15.94 |
| HEALTHPEAK PROPERTIES, INC. (DOC) | United States | $13.970B | 53.70 |
| SUN COMMUNITIES INC (SUI) | United States | $13.691B | 65.43 |
| MID AMERICA APARTMENT COMMUNITIES INC. (MAA) | United States | $13.645B | 36.48 |