ESS vs WPC
ESS: A self-managed West Coast apartment REIT owning 63,000+ homes in supply-constrained urban markets, delivering consistent rental growth and capital appreciation. WPC: A diversified net lease REIT generating stable, inflation-protected cash flows from a 371-tenant portfolio with a 12-year weighted-average lease term and robust capital deployment capabilities.
Side-by-side fundamentals
| Metric | ESS | WPC | Edge |
|---|---|---|---|
| Price as of 2026-07-09 close | $291.12 | $70.77 | |
| Market cap as of 2026-07-10 | $18.7B | $15.9B | |
| P/E as of 2026-07-10 | 32.66 | 30.85 | WPC lower |
| PEG as of 2026-07-09 | n/a | 1.51 | |
| Net margin as of 2026-07-10 | +30.0% | +29.4% | ESS higher |
| Gross margin as of 2026-07-10 | +70.6% | +89.8% | WPC higher |
| Operating margin as of 2026-07-10 | +41.8% | +45.9% | WPC higher |
| ROE as of 2026-07-10 | +10.3% | +6.3% | ESS higher |
| ROA as of 2026-07-10 | +4.4% | +2.9% | ESS higher |
| Debt / equity as of 2026-07-10 | 1.25 | 1.05 | WPC lower |
| Revenue growth (YoY) as of 2026-07-10 | +5.3% | +9.9% | WPC higher |
| Revenue CAGR (3y) SEC XBRL | +5.5% | +5.1% | ESS higher |
| Dividend yield as of 2026-07-10 | +3.6% | +5.1% | WPC higher |
| Dividend streak (yrs) SEC XBRL | 5 | 2 | ESS higher |
| Beta as of 2026-07-10 | 0.71 | 0.82 | |
| 1-year return as of 2026-07-09 close | +2.0% | +13.2% | WPC higher |
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.