ESS vs. KRC

Last updated Apr 1, 2026

Compare and contrast key facts about Essex Property Trust, Inc. (ESS) and Kilroy Realty Corporation (KRC).

Performance

ESS vs. KRC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Essex Property Trust, Inc. (ESS) and Kilroy Realty Corporation (KRC). The values are adjusted to include any dividend payments, if applicable.

ESS vs. KRC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ESS Essex Property Trust, Inc.	-5.60%	-4.98%	18.36%	21.97%	-37.76%	52.40%	-18.09%	25.92%	4.83%	6.82%
KRC Kilroy Realty Corporation	-23.04%	-2.00%	7.81%	10.09%	-39.25%	19.30%	-29.18%	36.76%	-13.54%	4.28%

Fundamentals

EPS ESS : $13.60 KRC : $2.18
PE Ratio ESS : 17.79 KRC : 12.94
PS Ratio ESS : 5.51 KRC : 3.01
Total Revenue (TTM) ESS : $1.89B KRC : $1.11B
Gross Profit (TTM) ESS : $1.39B KRC : $744.56M
EBITDA (TTM) ESS : $1.65B KRC : $717.70M

Returns By Period

In the year-to-date period, ESS achieves a -5.60% return, which is significantly higher than KRC's -23.04% return. Over the past 10 years, ESS has outperformed KRC with an annualized return of 3.77%, while KRC has yielded a comparatively lower -3.53% annualized return.

ESS

• 1D: 0.82%
• 1M: -4.12%
• YTD: -5.60%
• 6M: -7.70%
• 1Y: -17.89%
• 3Y*: 9.07%
• 5Y*: 0.92%
• 10Y*: 3.77%

KRC

• 1D: 1.80%
• 1M: -3.56%
• YTD: -23.04%
• 6M: -30.95%
• 1Y: -8.39%
• 3Y*: 1.64%
• 5Y*: -11.29%
• 10Y*: -3.53%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ESS vs. KRC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ESS

ESS Risk / Return Rank: 13
ESS Sharpe Ratio Rank: 11
ESS Sortino Ratio Rank: 13
ESS Omega Ratio Rank: 14
ESS Calmar Ratio Rank: 10
ESS Martin Ratio Rank: 15

KRC

KRC Risk / Return Rank: 30
KRC Sharpe Ratio Rank: 29
KRC Sortino Ratio Rank: 26
KRC Omega Ratio Rank: 26
KRC Calmar Ratio Rank: 35
KRC Martin Ratio Rank: 32

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ESS vs. KRC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Essex Property Trust, Inc. (ESS) and Kilroy Realty Corporation (KRC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ESS	KRC	Difference
Sharpe ratio Return per unit of total volatility	-0.73	-0.28	-0.46
Sortino ratio Return per unit of downside risk	-0.87	-0.19	-0.68
Omega ratio Gain probability vs. loss probability	0.89	0.98	-0.09
Calmar ratio Return relative to maximum drawdown	-0.86	-0.23	-0.63
Martin ratio Return relative to average drawdown	-1.32	-0.62	-0.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESS vs. KRC - Sharpe Ratio Comparison

The current ESS Sharpe Ratio is -0.73, which is lower than the KRC Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of ESS and KRC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ESS	KRC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.73	-0.28	-0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.04	-0.34	+0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.15	-0.11	+0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.16	+0.32

Correlation

The correlation between ESS and KRC is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ESS vs. KRC - Dividend Comparison

ESS's dividend yield for the trailing twelve months is around 4.26%, less than KRC's 7.66% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESS Essex Property Trust, Inc.	4.26%	3.88%	2.57%	3.73%	4.15%	2.37%	3.50%	2.59%	3.03%	2.90%	2.75%	2.41%
KRC Kilroy Realty Corporation	7.66%	5.78%	5.34%	5.42%	5.48%	3.07%	3.43%	2.28%	2.85%	2.21%	4.61%	2.21%

Drawdowns

ESS vs. KRC - Drawdown Comparison

The maximum ESS drawdown since its inception was -62.67%, smaller than the maximum KRC drawdown of -81.27%. Use the drawdown chart below to compare losses from any high point for ESS and KRC.

Drawdown Indicators

	ESS	KRC	Difference
Max Drawdown Largest peak-to-trough decline	-62.67%	-81.27%	+18.60%
Max Drawdown (1Y) Largest decline over 1 year	-19.74%	-35.32%	+15.58%
Max Drawdown (5Y) Largest decline over 5 years	-43.87%	-64.91%	+21.04%
Max Drawdown (10Y) Largest decline over 10 years	-44.84%	-66.55%	+21.71%
Current Drawdown Current decline from peak	-21.48%	-56.34%	+34.86%
Average Drawdown Average peak-to-trough decline	-10.84%	-23.25%	+12.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.88%	13.39%	-0.51%

Volatility

ESS vs. KRC - Volatility Comparison

The current volatility for Essex Property Trust, Inc. (ESS) is 4.77%, while Kilroy Realty Corporation (KRC) has a volatility of 9.88%. This indicates that ESS experiences smaller price fluctuations and is considered to be less risky than KRC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESS	KRC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.77%	9.88%	-5.11%
Volatility (6M) Calculated over the trailing 6-month period	13.74%	19.97%	-6.23%
Volatility (1Y) Calculated over the trailing 1-year period	24.52%	30.51%	-5.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.78%	33.60%	-9.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.83%	31.39%	-5.56%

Financials

ESS vs. KRC - Profitability Comparison

The chart below illustrates the profitability comparison between Essex Property Trust, Inc. and Kilroy Realty Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ESS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Essex Property Trust, Inc. reported a gross profit of 338.13M and revenue of 479.63M. Therefore, the gross margin over that period was 70.5%.

KRC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Kilroy Realty Corporation reported a gross profit of 180.96M and revenue of 272.19M. Therefore, the gross margin over that period was 66.5%.

ESS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Essex Property Trust, Inc. reported an operating income of 210.82M and revenue of 479.63M, resulting in an operating margin of 44.0%.

KRC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Kilroy Realty Corporation reported an operating income of -250.43M and revenue of 272.19M, resulting in an operating margin of -92.0%.

ESS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Essex Property Trust, Inc. reported a net income of -5.17M and revenue of 479.63M, resulting in a net margin of -1.1%.

KRC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Kilroy Realty Corporation reported a net income of -4.55M and revenue of 272.19M, resulting in a net margin of -1.7%.