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Side-by-side financial comparison of Forafric Global PLC (AFRI) and Empire State Realty Trust, Inc. (ESRT). Click either name above to swap in a different company.

Empire State Realty Trust, Inc. is the larger business by last-quarter revenue ($190.3M vs $159.7M, roughly 1.2× Forafric Global PLC). Empire State Realty Trust, Inc. runs the higher net margin — 1.6% vs -7.5%, a 9.1% gap on every dollar of revenue.

Forafric Global PLC is an Africa-focused agribusiness operating across the full agricultural value chain, covering staple food production, processing, and distribution. Its core markets are North and West Africa, supplying grain, vegetable oil and essential food commodities to consumer, retail and industrial clients.

Empire State Realty Trust is a leading real estate investment trust that owns, manages, and operates a portfolio of premium commercial, residential, and retail properties primarily in the New York City metropolitan area, including the iconic Empire State Building. It serves corporate tenants, retail partners, and residential occupants, focusing on sustainable property operations and long-term asset value growth.

AFRI vs ESRT — Head-to-Head

Bigger by revenue
ESRT
ESRT
1.2× larger
ESRT
$190.3M
$159.7M
AFRI
Higher net margin
ESRT
ESRT
9.1% more per $
ESRT
1.6%
-7.5%
AFRI

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
AFRI
AFRI
ESRT
ESRT
Revenue
$159.7M
$190.3M
Net Profit
$-12.0M
$3.0M
Gross Margin
10.7%
Operating Margin
-2.5%
15.5%
Net Margin
-7.5%
1.6%
Revenue YoY
5.7%
Net Profit YoY
-73.7%
EPS (diluted)
$0.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AFRI
AFRI
ESRT
ESRT
Q1 26
$190.3M
Q4 25
$199.2M
Q3 25
$197.7M
Q2 25
$159.7M
$191.3M
Q1 25
$180.1M
Q4 24
$197.6M
Q3 24
$199.6M
Q2 24
$145.6M
$189.5M
Net Profit
AFRI
AFRI
ESRT
ESRT
Q1 26
$3.0M
Q4 25
$32.2M
Q3 25
$13.6M
Q2 25
$-12.0M
$11.4M
Q1 25
$15.8M
Q4 24
$18.8M
Q3 24
$22.8M
Q2 24
$-8.6M
$28.6M
Gross Margin
AFRI
AFRI
ESRT
ESRT
Q1 26
Q4 25
Q3 25
Q2 25
10.7%
Q1 25
Q4 24
Q3 24
Q2 24
9.4%
Operating Margin
AFRI
AFRI
ESRT
ESRT
Q1 26
15.5%
Q4 25
17.8%
Q3 25
19.9%
Q2 25
-2.5%
18.4%
Q1 25
14.3%
Q4 24
21.7%
Q3 24
22.7%
Q2 24
-0.9%
20.8%
Net Margin
AFRI
AFRI
ESRT
ESRT
Q1 26
1.6%
Q4 25
16.1%
Q3 25
6.9%
Q2 25
-7.5%
6.0%
Q1 25
8.8%
Q4 24
9.5%
Q3 24
11.4%
Q2 24
-5.9%
15.1%
EPS (diluted)
AFRI
AFRI
ESRT
ESRT
Q1 26
$0.20
Q4 25
$0.11
Q3 25
$0.05
Q2 25
$0.04
Q1 25
$0.05
Q4 24
$0.07
Q3 24
$0.08
Q2 24
$0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AFRI
AFRI
ESRT
ESRT
Cash + ST InvestmentsLiquidity on hand
$12.2M
$68.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.3M
$1.8B
Total Assets
$246.1M
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
ESRT
ESRT
Q1 26
$68.8M
Q4 25
$132.7M
Q3 25
$154.1M
Q2 25
$12.2M
$94.6M
Q1 25
$187.8M
Q4 24
$385.5M
Q3 24
$421.9M
Q2 24
$16.4M
$535.5M
Total Debt
AFRI
AFRI
ESRT
ESRT
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$18.4M
Stockholders' Equity
AFRI
AFRI
ESRT
ESRT
Q1 26
$1.8B
Q4 25
$1.1B
Q3 25
$1.0B
Q2 25
$5.3M
$1.0B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.0B
Q2 24
$16.3M
$1.0B
Total Assets
AFRI
AFRI
ESRT
ESRT
Q1 26
$4.4B
Q4 25
$4.5B
Q3 25
$4.1B
Q2 25
$246.1M
$4.1B
Q1 25
$4.1B
Q4 24
$4.5B
Q3 24
$4.4B
Q2 24
$287.1M
$4.4B
Debt / Equity
AFRI
AFRI
ESRT
ESRT
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
1.13×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AFRI
AFRI
ESRT
ESRT
Operating Cash FlowLast quarter
$706.0K
Free Cash FlowOCF − Capex
$146.0K
FCF MarginFCF / Revenue
0.1%
Capex IntensityCapex / Revenue
0.4%
10.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
ESRT
ESRT
Q1 26
Q4 25
$249.1M
Q3 25
$105.3M
Q2 25
$706.0K
$26.7M
Q1 25
$83.1M
Q4 24
$260.9M
Q3 24
$102.8M
Q2 24
$10.5M
$37.1M
Free Cash Flow
AFRI
AFRI
ESRT
ESRT
Q1 26
Q4 25
$50.6M
Q3 25
$72.8M
Q2 25
$146.0K
$-55.1M
Q1 25
$41.1M
Q4 24
$88.0M
Q3 24
$-65.1M
Q2 24
$6.4M
$19.5M
FCF Margin
AFRI
AFRI
ESRT
ESRT
Q1 26
Q4 25
25.4%
Q3 25
36.8%
Q2 25
0.1%
-28.8%
Q1 25
22.8%
Q4 24
44.5%
Q3 24
-32.6%
Q2 24
4.4%
10.3%
Capex Intensity
AFRI
AFRI
ESRT
ESRT
Q1 26
10.0%
Q4 25
99.6%
Q3 25
16.5%
Q2 25
0.4%
42.8%
Q1 25
23.4%
Q4 24
87.5%
Q3 24
84.1%
Q2 24
2.8%
9.3%
Cash Conversion
AFRI
AFRI
ESRT
ESRT
Q1 26
Q4 25
7.74×
Q3 25
7.72×
Q2 25
2.35×
Q1 25
5.27×
Q4 24
13.88×
Q3 24
4.51×
Q2 24
1.30×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AFRI
AFRI

Sales to external customers, Total$159.7M100%
Couscous & Pasta$934.0K1%
Soft Wheat$393.0K0%

ESRT
ESRT

Rental revenue (1)$166.1M87%
Observatory revenue$18.5M10%
Other revenue and fees$4.1M2%
Lease termination fees$1.4M1%
Third-party management and other fees$277.0K0%

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