ESS vs IRT
ESS: Essex Property Trust is a West Coast-focused multifamily real estate investment trust specializing in the acquisition and management of apartment communities. IRT: Independence Realty Trust is a REIT specializing in the ownership and operation of a diverse portfolio of multifamily apartment communities across the United States.
Side-by-side fundamentals
| Metric | ESS | IRT | Edge |
|---|---|---|---|
| Price as of 2026-07-27 close | $290.68 | $16.42 | |
| Market cap as of 2026-08-01 | $18.7B | $4.0B | |
| P/E as of 2026-08-01 | 31.88 | 83.49 | ESS lower |
| PEG as of 2026-08-01 | n/a | 1.54 | |
| Net margin as of 2026-08-01 | +30.0% | +7.3% | ESS higher |
| Gross margin as of 2026-08-01 | +70.6% | +58.8% | ESS higher |
| Operating margin as of 2026-08-01 | +41.8% | +17.3% | ESS higher |
| ROE as of 2026-08-01 | +10.3% | +1.4% | ESS higher |
| ROA as of 2026-08-01 | +4.4% | +0.8% | ESS higher |
| Debt / equity as of 2026-08-01 | 1.25 | 0.72 | IRT lower |
| Revenue growth (YoY) as of 2026-08-01 | +5.3% | +3.3% | ESS higher |
| Revenue CAGR (3y) SEC XBRL | +5.5% | +1.5% | ESS higher |
| Dividend yield as of 2026-08-01 | +3.7% | +4.3% | IRT higher |
| Dividend streak (yrs) SEC XBRL | 5 | 5 | Tie |
| Beta as of 2026-08-01 | 0.71 | 0.96 | |
| 1-year return as of 2026-07-27 close | +1.3% | -5.5% | ESS higher |
Fundamentals: market data, as of 2026-08-01. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-27.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.