ESS vs. PLD: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at ESS and PLD, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
Both ESS and PLD are Real Estate Investment Trusts (REITs). These entities are required to distribute the majority of their taxable income to shareholders, often resulting in higher dividend yields.
| Symbol | ESS | PLD |
|---|---|---|
| Company Name | Essex Property Trust, Inc. | Prologis, Inc. |
| Country | United States | United States |
| GICS Sector | Real Estate | Real Estate |
| GICS Industry | Residential REITs | Industrial REITs |
| Market Capitalization | 18.50 billion USD | 108.10 billion USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 7, 1994 | November 21, 1997 |
| Security Type | REIT | REIT |
Historical Performance
This chart compares the performance of ESS and PLD 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 | ESS | PLD |
|---|---|---|
| 5-Day Price Return | 1.16% | 1.47% |
| 13-Week Price Return | -5.55% | 8.94% |
| 26-Week Price Return | -12.60% | 3.05% |
| 52-Week Price Return | -9.14% | -8.81% |
| Month-to-Date Return | -0.94% | 0.65% |
| Year-to-Date Return | -6.23% | 8.34% |
| 10-Day Avg. Volume | 0.41M | 3.56M |
| 3-Month Avg. Volume | 0.48M | 3.83M |
| 3-Month Volatility | 24.66% | 23.06% |
| Beta | 0.85 | 1.31 |
Profitability
Return on Equity (TTM)
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.
PLD
6.47%
Industrial REITs Industry
- Max
- 10.99%
- Q3
- 7.24%
- Median
- 6.40%
- Q1
- 4.30%
- Min
- 2.83%
PLD’s Return on Equity of 6.47% is on par with the norm for the Industrial REITs industry, indicating its profitability relative to shareholder equity is typical for the sector.
Net Profit Margin (TTM)
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.
PLD
40.29%
Industrial REITs Industry
- Max
- 88.84%
- Q3
- 58.75%
- Median
- 43.88%
- Q1
- 29.92%
- Min
- -10.57%
In the Industrial REITs industry, Net Profit Margin is often not the primary profitability metric.
Operating Profit Margin (TTM)
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.
PLD
39.34%
Industrial REITs Industry
- Max
- 117.14%
- Q3
- 71.64%
- Median
- 46.46%
- Q1
- 38.78%
- Min
- -8.78%
In the Industrial REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.
Profitability at a Glance
| Symbol | ESS | PLD |
|---|---|---|
| Return on Equity (TTM) | 14.44% | 6.47% |
| Return on Assets (TTM) | 6.16% | 3.58% |
| Net Profit Margin (TTM) | 43.51% | 40.29% |
| Operating Profit Margin (TTM) | 52.69% | 39.34% |
| Gross Profit Margin (TTM) | 70.55% | 75.35% |
Financial Strength
Current Ratio (MRQ)
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.
PLD
0.19
Industrial REITs Industry
- Max
- 1.34
- Q3
- 0.91
- Median
- 0.55
- Q1
- 0.22
- Min
- 0.09
PLD’s Current Ratio of 0.19 falls into the lower quartile for the Industrial REITs industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
Debt-to-Equity Ratio (MRQ)
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.
PLD
0.66
Industrial REITs Industry
- Max
- 1.29
- Q3
- 0.79
- Median
- 0.67
- Q1
- 0.45
- Min
- 0.19
PLD’s Debt-to-Equity Ratio of 0.66 is typical for the Industrial REITs industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio (TTM)
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.
PLD
14.64
Industrial REITs Industry
- Max
- 14.64
- Q3
- 8.83
- Median
- 2.42
- Q1
- 0.90
- Min
- -0.82
PLD’s Interest Coverage Ratio of 14.64 is in the upper quartile for the Industrial REITs industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
Financial Strength at a Glance
| Symbol | ESS | PLD |
|---|---|---|
| Current Ratio (MRQ) | 0.71 | 0.19 |
| Quick Ratio (MRQ) | 0.17 | 0.19 |
| Debt-to-Equity Ratio (MRQ) | 1.20 | 0.66 |
| Interest Coverage Ratio (TTM) | 8.86 | 14.64 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
ESS
3.70%
Residential REITs Industry
- Max
- 4.67%
- Q3
- 4.30%
- Median
- 3.71%
- Q1
- 3.53%
- Min
- 3.04%
ESS’s Dividend Yield of 3.70% is consistent with its peers in the Residential REITs industry, providing a dividend return that is standard for its sector.
PLD
3.37%
Industrial REITs Industry
- Max
- 7.45%
- Q3
- 5.52%
- Median
- 4.10%
- Q1
- 3.26%
- Min
- 0.00%
PLD’s Dividend Yield of 3.37% is consistent with its peers in the Industrial REITs industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio (TTM)
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.
PLD
106.34%
Industrial REITs Industry
- Max
- 190.40%
- Q3
- 122.05%
- Median
- 103.86%
- Q1
- 62.74%
- Min
- 0.00%
PLD’s Dividend Payout Ratio of 106.34% is within the typical range for the Industrial REITs industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
| Symbol | ESS | PLD |
|---|---|---|
| Dividend Yield (TTM) | 3.70% | 3.37% |
| Dividend Payout Ratio (TTM) | 79.64% | 106.34% |
Valuation
Price-to-Earnings Ratio (TTM)
ESS
21.54
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.
PLD
31.56
Industrial REITs Industry
- Max
- 40.73
- Q3
- 30.93
- Median
- 24.53
- Q1
- 15.87
- Min
- 5.37
The P/E Ratio is often not the primary metric for valuation in the Industrial REITs industry.
Price-to-Sales Ratio (TTM)
ESS
9.37
Residential REITs Industry
- Max
- 13.08
- Q3
- 9.23
- Median
- 7.38
- Q1
- 6.12
- Min
- 5.65
ESS’s P/S Ratio of 9.37 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.
PLD
12.72
Industrial REITs Industry
- Max
- 13.93
- Q3
- 11.34
- Median
- 9.30
- Q1
- 7.75
- Min
- 5.26
PLD’s P/S Ratio of 12.72 is in the upper echelon for the Industrial 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)
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.
PLD
1.85
Industrial REITs Industry
- Max
- 1.97
- Q3
- 1.51
- Median
- 1.17
- Q1
- 0.92
- Min
- 0.70
PLD’s P/B Ratio of 1.85 is in the upper tier for the Industrial 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 | ESS | PLD |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 21.54 | 31.56 |
| Price-to-Sales Ratio (TTM) | 9.37 | 12.72 |
| Price-to-Book Ratio (MRQ) | 3.24 | 1.85 |
| Price-to-Free Cash Flow Ratio (TTM) | 74.77 | 446.38 |