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The following section summarizes insights on Essex Property Trust Inc's Asset Turnover:
We've identified the following companies as similar to Essex Property Trust Inc because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Asset Turnover in the efficiency category include:
A ratio that measures the dollars in revenue a company generates per dollar of assets.
Asset Turnover is defined as:
Asset Turnover = Total Revenue / Average Total Assets
Asset Turnover for Essex Property Trust is calculated as follows:
Total Revenue [ 1.823 B ]
(/) Average Total Assets over Period [ 12.644 B ]
(=) Asset Turnover [ 0.1x ]
The tables below summarizes the trend in Essex Property Trust’s asset turnover over the last five years:
| Fiscal Year | Total Revenue | Average Total Assets | Asset Turnover |
|---|---|---|---|
| 2020-12-31 | 1.562 B | 12.821 B | 0.1x |
| 2021-12-31 | 1.552 B | 12.967 B | 0.1x |
| 2022-12-31 | 1.633 B | 12.685 B | 0.1x |
| 2023-12-31 | 1.68 B | 12.367 B | 0.1x |
| 2024-12-31 | 1.823 B | 12.644 B | 0.1x |
The Asset Turnover ratio indicates how well a company uses all its assets to generate revenues. Generally, a higher asset turnover ratio signifies that the company is effective at using all of its assets to generate revenues.
The chart above depicts the distribution of Asset Turnover for companies operating in the Real Estate Sector in the Developed economic region. Over 1,470 companies were considered in this analysis, and 1,015 had meaningful values. The average Asset Turnover of companies in the Sector is 0.1x with a standard deviation of 0.1x. Please note that Sector and Industry values may differ from other sources, as no adjustments have been made.
Essex Property Trust Inc's Asset Turnover of 0.1x ranks in the 82.5% percentile for the Sector. The following table provides additional summary stats:
| Economic Risk Region | Developed |
| Total Constituents | 1,478 |
| Included Constituents | 1,015 |
| Min | -0.1x |
| Max | 0.4x |
| Median | 0.1x |
| Mean | 0.1x |
| Standard Deviation | 0.1x |
You can find companies with similar Asset Turnover using this stock screener.