ALX vs CPT vs ESS Stock Comparison

Alexanders, Camden Property Trust and Essex Property Trust Prices as of Oct 27, 2026 Peers: Industry group
ALX Alexanders Inc
$248.95 +0.5% 1M +5.2% 1Y
Market cap
$1.27B
P/E
7.5x
Revenue (TTM)
$214.80M
Div. yield
7.23%
Office REITs Real Estate
5 wins
CPT Camden Property Trust
$101.54 +3.4% 1M -2.5% 1Y
Market cap
$10.21B
P/E
31.9x
Revenue (TTM)
$13.12M
Div. yield
4.17%
Residential REITs Real Estate
4 wins

Head to Head

10 decided of 12

Alexanders leads on 5 of the 12 questions below (Alexanders 5, Camden Property Trust 4, Essex Property Trust 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionALXCPTESSLeader
Larger companyMarket capitalisation $1.27B $10.21B $17.67B ESS
Cheaper on earningsLower P/E, profitable companies only 7.5x 31.9x 42.7x ALX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 29.5x 98.6x 52.8x ALX
Faster revenue growthRevenue growth, trailing twelve months -1.5% +56.8% +4.7% CPT
More profitableNet margin, trailing twelve months 79.1% 2,486.2% 21.5% CPT
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — 5.3x –
Higher dividend yieldTrailing dividend yield 7.23% 4.17% 3.76% ALX
Better 1-year returnPrice return, last 12 months +5.2% -2.5% +4.8% ALX
Better 5-year returnAnnualised price return, 5 years -2.5%/yr -9.0%/yr -4.5%/yr ALX
Less volatileAnnualised volatility, 1 year 27.9% 20.1% 20.1% CPT
Higher overall scoreMean of the five percentile scores vs peers 36/100 51/100 46/100 CPT

Percentile Scorecard

ALXCPTESS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisALXCPTESS
Valuation 33 #98 of 145 11 #129 of 145 12 #128 of 145
Growth 33 #95 of 141 73 #39 of 141 34 #93 of 141
Profitability 46 #73 of 134 48 #70 of 134 93 #10 of 134
Financial Health 10 #125 of 138 35 #90 of 138 51 #68 of 138
Shareholder Returns 59 #55 of 131 89 #16 of 131 38 #82 of 131
Overall 36 51 46
  • ALX ranked among 149 companies in Property REITs
  • CPT ranked among 149 companies in Property REITs
  • ESS ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodALXCPTESSSPY
1 month +0.5%+3.4%+1.2% -0.2%
3 months -7.4%-11.8%-6.7% +3.9%
6 months -0.1%-4.1%+2.6% +8.2%
Year to date +14.2%-7.8%+5.0% +12.9%
1 year +5.2%-2.5%+4.8% +12.3%
3 years +38.9%+20.9%+33.1% +87.4%
3 years, per year +11.6%+6.5%+10.0% +23.3%
5 years -11.9%-37.6%-20.5% +67.9%
5 years, per year -2.5%-9.0%-4.5% +10.9%
10 years -35.1%+30.9%+33.5% +261.1%
10 years, per year -4.2%+2.7%+2.9% +13.7%

Risk

MeasureALXCPTESSSPY
Volatility, 1Y 27.9%20.1%20.1% 12.7%
Downside volatility, 1Y 30.4%20.5%21.8% 12.7%
Beta vs S&P 500, 1Y 0.230.090.12 1.00
Return / volatility, 1Y 0.19-0.130.24 0.97
Max drawdown, 5Y -44.5%-53.0%-45.4% -25.4%
From 52-week high -13.1%-13.6%-7.9% -1.2%
52-week high $286.59$117.53$298.33 $779.14
52-week low $205.15$95.82$239.61 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleALXCPTESS
P/E now vs peer median 7.5xmedian 26.3x 31.9xmedian 26.3x 42.7xmedian 26.3x
P/S now vs peer median 5.9xmedian 4.0x 778.0xmedian 4.0x 9.2xmedian 4.0x
EV/EBITDA now vs peer median —median 14.4x —median 14.4x 19.4xmedian 14.4x
P/FCF now vs peer median 87.5xmedian 23.3x -48.2xmedian 23.3x 30.4xmedian 23.3x
P/B now vs peer median 5.7xmedian 1.3x 2.6xmedian 1.3x 3.2xmedian 1.3x
PEG now vs peer median 0.42median 1.91 1.71median 1.91 -5.32median 1.91

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsALXCPTESS
Revenue $214.80M $13.12M $1.93B
Operating income – – $627.10M
Net income $169.82M $336.62M $437.61M
Free cash flow $14.53M -$211.62M $580.66M
EPS (diluted) $33.05 $3.19 $6.44
Cash & equivalents $303.31M $44.72M $58.33M
Total debt $3.48B $4.85B $26.96B
Shares (diluted) 5.14M 102.36M 64.28M
Enterprise value $477.60M $10.15B $17.59B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricALXCPTESS
P/E 7.5x 31.9x 42.7x
P/FCF 87.5x -48.2x 30.4x
P/Operating cash flow 46.8x 12.6x 15.8x
P/S 5.9x 778.0x 9.2x
P/B 5.7x 2.6x 3.2x
P/Tangible book 5.7x 2.6x 3.2x
EV/EBITDA – – 19.4x
EV/EBIT – – 38.8x
EV/Revenue 8.4x 1,144x 12.6x
EV/FCF 124.1x -70.9x 41.9x
EV/Operating cash flow 66.4x 18.6x 21.7x
PEG (3Y EPS CAGR) 0.42 1.71 -5.32

Growth

14 metrics
MetricALXCPTESS
Revenue growth (1Y) -1.5% 56.8% 4.7%
Revenue CAGR (3Y) 0.2% 66.5% 5.2%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – -35.4%
Operating income CAGR (3Y) – – -2.6%
Net income growth (1Y) 354.2% 108.1% -49.8%
Net income CAGR (3Y) 17.9% 16.0% -7.9%
EPS growth (1Y) 354.0% 123.5% -48.2%
EPS CAGR (3Y) 17.8% 18.7% -8.0%
Operating cash flow growth (1Y) -68.1% 1.8% 8.3%
Operating cash flow CAGR (3Y) -28.8% 1.1% 5.4%
Free cash flow growth (1Y) -74.4% -377.3% 344.6%
Free cash flow CAGR (3Y) -38.2% -36.7% -3.3%

Profitability

14 metrics
MetricALXCPTESS
Gross margin – – –
EBITDA margin – – 64.9%
Operating margin – – 32.5%
Pretax margin – – 18.9%
Net margin 79.1% 2,486% 21.5%
FCF margin 6.8% -1,613% 30.1%
Operating cash flow margin 12.6% 6,154% 58.0%
Return on equity – 8.4% 7.9%
Return on assets – 3.6% 3.4%
Return on invested capital – – –
Return on capital employed – – –
Asset turnover 0.2x 0.0x 0.1x
Cash conversion (OCF / net income) 0.2x 2.4x 2.6x
Stock comp / revenue – 128.3% 0.6%

Financial Health

11 metrics
MetricALXCPTESS
Debt / assets 69.4% 51.3% 51.9%
Debt / equity 3.7x 1.3x 1.2x
Net debt / EBITDA – – 5.3x
Debt / FCF 57.4x -22.9x 11.5x
Liabilities / assets 81.4% 59.0% 57.5%
Equity / assets 18.6% 41.0% 42.5%
Interest coverage – – 2.4x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricALXCPTESS
Dividend yield 7.2% 4.2% 3.8%
Net buyback yield – 6.6% 0.3%
Shareholder yield 7.2% 10.8% 4.1%
Payout ratio (earnings) 54.4% – 151.6%
Payout ratio (FCF) 636.3% – 114.2%
Dividend growth (1Y) 0.0% – 4.0%
Dividend CAGR (3Y) 0.1% – 4.8%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusALXCPTESS
Forward P/E 29.5xFY2027 98.6xFY2026 52.8xFY2026
EPS, next fiscal year $8.44FY2027 $1.03FY2026 $5.21FY2026
EPS growth, next FY -31.2%FY2027 -70.9%FY2026 -49.9%FY2026
EPS growth, the year after – -8.7% +29.6%
Revenue, next fiscal year $259.67MFY2026 $1.60BFY2026 $2.05BFY2026
Revenue growth, next FY +21.8%FY2026 +2.1%FY2026 +9.2%FY2026
Revenue growth, the year after -8.1% -8.2% -7.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersALXCPTESS
Held by institutions 38.9% 100.0% 100.0%
Institutions holding 153 575 630
Change in shares held, QoQ +2.7% -0.4% +4.7%
Institutions buying 71 267 348
Institutions selling 50 213 183
Buyers to sellers 1.42 1.25 1.90

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ALXCPTESS
ALX 1.00 0.32 0.34
CPT 0.32 1.00 0.82
ESS 0.34 0.82 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ALX, CPT and ESS?

Essex Property Trust (ESS) is the largest by market capitalisation: Alexanders (ALX) $1.27B, Camden Property Trust (CPT) $10.21B, Essex Property Trust (ESS) $17.67B.

Which stock is cheaper, ALX, CPT and ESS?

Alexanders (ALX) trades on the lowest price-to-earnings ratio (Alexanders (ALX) 7.5x, Camden Property Trust (CPT) 31.9x, Essex Property Trust (ESS) 42.7x). On next year's consensus earnings, Alexanders (ALX) is cheapest (Alexanders (ALX) 29.5x, Camden Property Trust (CPT) 98.6x, Essex Property Trust (ESS) 52.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Camden Property Trust (CPT) grew revenue fastest over the trailing twelve months: Alexanders (ALX) -1.5%, Camden Property Trust (CPT) +56.8%, Essex Property Trust (ESS) +4.7%.

Which company is more profitable?

Camden Property Trust (CPT) has the highest net margin (Alexanders (ALX) 79.1%, Camden Property Trust (CPT) 2,486.2%, Essex Property Trust (ESS) 21.5%).

Which stock has performed better?

Over the past year Alexanders (ALX) returned the most: Alexanders (ALX) +5.2%, Camden Property Trust (CPT) -2.5%, Essex Property Trust (ESS) +4.8%. Over five years, Alexanders (ALX) compounded fastest (Alexanders (ALX) -2.5%/yr, Camden Property Trust (CPT) -9.0%/yr, Essex Property Trust (ESS) -4.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Alexanders (ALX) has the highest dividend yield: Alexanders (ALX) 7.23%, Camden Property Trust (CPT) 4.17%, Essex Property Trust (ESS) 3.76%.

Which stock is riskier?

By one-year price volatility, Camden Property Trust (CPT) has been the steadiest (Alexanders (ALX) 27.9%, Camden Property Trust (CPT) 20.1%, Essex Property Trust (ESS) 20.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ALX, CPT and ESS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Alexanders (ALX) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.