Advance Auto Parts, Inc. vs Essex Property Trust, Inc. — how do they compare? Advance Auto Parts, Inc. trades at $53.1 (market cap $3.19B), while Essex Property Trust, Inc. trades at $282.11 (market cap $18.15B). The key difference: Essex Property Trust, Inc. is far larger — about 5.7× Advance Auto Parts, Inc.'s market cap, and Essex Property Trust, Inc. pays the higher dividend (3.93%). Which is the better fit depends on your goals.
| AAP | ESS | |
|---|---|---|
Market Cap | $3.19B | $18.15B |
Sector | Consumer Cyclical | Real Estate |
52-Week High | $64.17 | $298.33 |
52-Week Low | $38.75 | $239.61 |
Enterprise Value | $5.47B | $24.75B |
Dividend Yield | 1.89% | 3.93% |
Trailing returns across standard periods
Advance Auto Parts is one of the industry's largest retailers of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in North America. Advance operated 4,972 stores as of the end of 2021, in addition to servicing 1,317 independently owned Carquest stores. The company's Worldpac unit is a premier distributor of imported original-equipment parts. Advance derived 58% of its 2021 sales from commercial clients, up from 30%-40% before the General Parts deal.
Read more on AAP →Essex Property Trust owns a portfolio of 253 apartment communities with over 62,000 units and is developing three additional properties with 571 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
Read more on ESS →