CBRE vs. ESS: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at CBRE and ESS, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
A key difference in structure is that CBRE is a conventional stock, whereas ESS is a Real Estate Investment Trust (REIT), a company that primarily invests in income-generating real estate.
| Symbol | CBRE | ESS |
|---|---|---|
| Company Name | CBRE Group, Inc. | Essex Property Trust, Inc. |
| Country | United States | United States |
| GICS Sector | Real Estate | Real Estate |
| GICS Industry | Real Estate Management & Development | Residential REITs |
| Market Capitalization | 46.46 billion USD | 18.27 billion USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 10, 2004 | June 7, 1994 |
| Security Type | Common Stock | REIT |
Historical Performance
This chart compares the performance of CBRE and ESS by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | CBRE | ESS |
|---|---|---|
| 5-Day Price Return | -1.77% | -0.66% |
| 13-Week Price Return | 9.05% | -6.94% |
| 26-Week Price Return | 19.39% | -13.73% |
| 52-Week Price Return | 24.92% | -9.75% |
| Month-to-Date Return | -0.90% | -1.19% |
| Year-to-Date Return | 18.93% | -7.35% |
| 10-Day Avg. Volume | 1.45M | 0.36M |
| 3-Month Avg. Volume | 1.57M | 0.48M |
| 3-Month Volatility | 24.67% | 24.67% |
| Beta | 1.37 | 0.75 |
Profitability
Return on Equity (TTM)
CBRE
12.96%
Real Estate Management & Development Industry
- Max
- 20.58%
- Q3
- 9.51%
- Median
- 3.59%
- Q1
- 0.57%
- Min
- -9.76%
In the upper quartile for the Real Estate Management & Development industry, CBRE’s Return on Equity of 12.96% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
ESS
14.44%
Residential REITs Industry
- Max
- 17.50%
- Q3
- 9.60%
- Median
- 6.78%
- Q1
- 3.88%
- Min
- -0.69%
In the upper quartile for the Residential REITs industry, ESS’s Return on Equity of 14.44% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Net Profit Margin (TTM)
CBRE
2.86%
Real Estate Management & Development Industry
- Max
- 61.27%
- Q3
- 26.17%
- Median
- 9.35%
- Q1
- 2.35%
- Min
- -23.71%
CBRE’s Net Profit Margin of 2.86% is aligned with the median group of its peers in the Real Estate Management & Development industry. This indicates its ability to convert revenue into profit is typical for the sector.
ESS
43.51%
Residential REITs Industry
- Max
- 53.28%
- Q3
- 43.51%
- Median
- 25.98%
- Q1
- 9.99%
- Min
- -0.30%
In the Residential REITs industry, Net Profit Margin is often not the primary profitability metric.
Operating Profit Margin (TTM)
CBRE
4.23%
Real Estate Management & Development Industry
- Max
- 114.22%
- Q3
- 51.26%
- Median
- 23.27%
- Q1
- 7.24%
- Min
- -44.62%
CBRE’s Operating Profit Margin of 4.23% is in the lower quartile for the Real Estate Management & Development industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.
ESS
52.69%
Residential REITs Industry
- Max
- 54.66%
- Q3
- 47.76%
- Median
- 29.76%
- Q1
- 18.99%
- Min
- -0.66%
In the Residential REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.
Profitability at a Glance
| Symbol | CBRE | ESS |
|---|---|---|
| Return on Equity (TTM) | 12.96% | 14.44% |
| Return on Assets (TTM) | 4.22% | 6.16% |
| Net Profit Margin (TTM) | 2.86% | 43.51% |
| Operating Profit Margin (TTM) | 4.23% | 52.69% |
| Gross Profit Margin (TTM) | 19.42% | 70.55% |
Financial Strength
Current Ratio (MRQ)
CBRE
1.13
Real Estate Management & Development Industry
- Max
- 4.10
- Q3
- 2.25
- Median
- 1.48
- Q1
- 1.00
- Min
- 0.04
CBRE’s Current Ratio of 1.13 aligns with the median group of the Real Estate Management & Development industry, indicating that its short-term liquidity is in line with its sector peers.
ESS
0.71
Residential REITs Industry
- Max
- 1.58
- Q3
- 0.84
- Median
- 0.56
- Q1
- 0.10
- Min
- 0.00
ESS’s Current Ratio of 0.71 aligns with the median group of the Residential REITs industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio (MRQ)
CBRE
0.90
Real Estate Management & Development Industry
- Max
- 2.62
- Q3
- 1.32
- Median
- 0.85
- Q1
- 0.40
- Min
- 0.00
CBRE’s Debt-to-Equity Ratio of 0.90 is typical for the Real Estate Management & Development industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
ESS
1.20
Residential REITs Industry
- Max
- 1.64
- Q3
- 1.10
- Median
- 0.83
- Q1
- 0.68
- Min
- 0.28
ESS’s leverage is in the upper quartile of the Residential REITs industry, with a Debt-to-Equity Ratio of 1.20. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
Interest Coverage Ratio (TTM)
CBRE
6.21
Real Estate Management & Development Industry
- Max
- 29.35
- Q3
- 12.97
- Median
- 3.68
- Q1
- 1.32
- Min
- -3.02
CBRE’s Interest Coverage Ratio of 6.21 is positioned comfortably within the norm for the Real Estate Management & Development industry, indicating a standard and healthy capacity to cover its interest payments.
ESS
8.86
Residential REITs Industry
- Max
- 5.11
- Q3
- 4.01
- Median
- 2.53
- Q1
- 1.52
- Min
- 0.52
With an Interest Coverage Ratio of 8.86, ESS demonstrates a superior capacity to service its debt, placing it well above the typical range for the Residential REITs industry. This stems from either robust earnings or a conservative debt load.
Financial Strength at a Glance
| Symbol | CBRE | ESS |
|---|---|---|
| Current Ratio (MRQ) | 1.13 | 0.71 |
| Quick Ratio (MRQ) | 1.09 | 0.17 |
| Debt-to-Equity Ratio (MRQ) | 0.90 | 1.20 |
| Interest Coverage Ratio (TTM) | 6.21 | 8.86 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
CBRE
0.00%
Real Estate Management & Development Industry
- Max
- 6.97%
- Q3
- 3.55%
- Median
- 2.31%
- Q1
- 0.48%
- Min
- 0.00%
CBRE currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
ESS
3.75%
Residential REITs Industry
- Max
- 4.67%
- Q3
- 4.30%
- Median
- 3.71%
- Q1
- 3.53%
- Min
- 3.04%
ESS’s Dividend Yield of 3.75% is consistent with its peers in the Residential REITs industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio (TTM)
CBRE
0.00%
Real Estate Management & Development Industry
- Max
- 310.03%
- Q3
- 143.62%
- Median
- 62.44%
- Q1
- 29.44%
- Min
- 0.00%
CBRE has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
ESS
79.64%
Residential REITs Industry
- Max
- 214.13%
- Q3
- 138.72%
- Median
- 103.63%
- Q1
- 84.15%
- Min
- 22.05%
ESS’s Dividend Payout Ratio of 79.64% is in the lower quartile for the Residential REITs industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.
Dividend at a Glance
| Symbol | CBRE | ESS |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 3.75% |
| Dividend Payout Ratio (TTM) | 0.00% | 79.64% |
Valuation
Price-to-Earnings Ratio (TTM)
CBRE
42.68
Real Estate Management & Development Industry
- Max
- 56.83
- Q3
- 31.11
- Median
- 15.41
- Q1
- 11.32
- Min
- 3.67
A P/E Ratio of 42.68 places CBRE in the upper quartile for the Real Estate Management & Development industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
ESS
21.23
Residential REITs Industry
- Max
- 76.72
- Q3
- 44.45
- Median
- 28.89
- Q1
- 22.94
- Min
- 9.90
The P/E Ratio is often not the primary metric for valuation in the Residential REITs industry.
Price-to-Sales Ratio (TTM)
CBRE
1.22
Real Estate Management & Development Industry
- Max
- 12.20
- Q3
- 5.67
- Median
- 2.73
- Q1
- 0.97
- Min
- 0.06
CBRE’s P/S Ratio of 1.22 aligns with the market consensus for the Real Estate Management & Development industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
ESS
9.24
Residential REITs Industry
- Max
- 13.08
- Q3
- 9.23
- Median
- 7.38
- Q1
- 6.12
- Min
- 5.65
ESS’s P/S Ratio of 9.24 is in the upper echelon for the Residential REITs industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio (MRQ)
CBRE
5.06
Real Estate Management & Development Industry
- Max
- 2.36
- Q3
- 1.20
- Median
- 0.75
- Q1
- 0.39
- Min
- 0.06
At 5.06, CBRE’s P/B Ratio is at an extreme premium to the Real Estate Management & Development industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
ESS
3.24
Residential REITs Industry
- Max
- 4.07
- Q3
- 2.62
- Median
- 2.08
- Q1
- 1.46
- Min
- 0.68
ESS’s P/B Ratio of 3.24 is in the upper tier for the Residential REITs industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.
Valuation at a Glance
| Symbol | CBRE | ESS |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 42.68 | 21.23 |
| Price-to-Sales Ratio (TTM) | 1.22 | 9.24 |
| Price-to-Book Ratio (MRQ) | 5.06 | 3.24 |
| Price-to-Free Cash Flow Ratio (TTM) | 23.72 | 73.72 |