Essex Property Trust, Inc. vs Northrop Grumman Corporation — how do they compare? Essex Property Trust, Inc. trades at $282.11 (market cap $18.15B), while Northrop Grumman Corporation trades at $575.54 (market cap $81.78B). The key difference: Northrop Grumman Corporation is far larger — about 4.5× Essex Property Trust, Inc.'s market cap, and Essex Property Trust, Inc. pays the higher dividend (3.93%). Which is the better fit depends on your goals.
| ESS | NOC | |
|---|---|---|
Market Cap | $18.15B | $81.78B |
Sector | Real Estate | Industrials |
52-Week High | $298.33 | $768.02 |
52-Week Low | $239.61 | $496.02 |
Enterprise Value | $24.75B | $95.77B |
Dividend Yield | 3.93% | 1.63% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Northrop Grumman is a defense contractor that is diversified across short-cycle and long-cycle businesses. The firm's segments include aeronautics, mission systems, defense services, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces various piloted and autonomous flight systems. Mission systems creates a variety of sensors and processors for defense hardware. The defense systems segment is a long-range missile manufacturer. Finally, the company's space systems segment produces various space structures, sensors, and satellites.
Read more on NOC →