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Side-by-side financial comparison of ASTEC INDUSTRIES INC (ASTE) and Empire State Realty OP, L.P. (ESBA). Click either name above to swap in a different company.

ASTEC INDUSTRIES INC is the larger business by last-quarter revenue ($396.3M vs $199.2M, roughly 2.0× Empire State Realty OP, L.P.). Empire State Realty OP, L.P. runs the higher net margin — 16.1% vs 0.3%, a 15.8% gap on every dollar of revenue. On growth, ASTEC INDUSTRIES INC posted the faster year-over-year revenue change (20.3% vs 0.8%). Empire State Realty OP, L.P. produced more free cash flow last quarter ($50.6M vs $32.6M). Over the past eight quarters, ASTEC INDUSTRIES INC's revenue compounded faster (7.1% CAGR vs 4.9%).

Astec International plc, better known as Astec Power or just Astec, was an international electronics company originally based in Hong Kong that manufactured power supply units and electric power conversion hardware. It was a major vendor of power supply units for computer systems, and for a time it was the largest global manufacturer of power supplies.

Empire State Realty OP, L.P. is a real estate operating partnership focused on owning, managing, and leasing premium commercial and retail properties primarily in the New York City metropolitan area. Its portfolio includes iconic landmarks like the Empire State Building, serving corporate tenants, retail brands and tourism-related business segments.

ASTE vs ESBA — Head-to-Head

Bigger by revenue
ASTE
ASTE
2.0× larger
ASTE
$396.3M
$199.2M
ESBA
Growing faster (revenue YoY)
ASTE
ASTE
+19.5% gap
ASTE
20.3%
0.8%
ESBA
Higher net margin
ESBA
ESBA
15.8% more per $
ESBA
16.1%
0.3%
ASTE
More free cash flow
ESBA
ESBA
$18.0M more FCF
ESBA
$50.6M
$32.6M
ASTE
Faster 2-yr revenue CAGR
ASTE
ASTE
Annualised
ASTE
7.1%
4.9%
ESBA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ASTE
ASTE
ESBA
ESBA
Revenue
$396.3M
$199.2M
Net Profit
$1.3M
$32.2M
Gross Margin
25.0%
Operating Margin
2.3%
17.8%
Net Margin
0.3%
16.1%
Revenue YoY
20.3%
0.8%
Net Profit YoY
71.2%
EPS (diluted)
$0.06
$0.11

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
ASTE
ASTE
ESBA
ESBA
Q1 26
$396.3M
Q4 25
$400.6M
$199.2M
Q3 25
$350.1M
$197.7M
Q2 25
$330.3M
$191.3M
Q1 25
$329.4M
$180.1M
Q4 24
$359.0M
$197.6M
Q3 24
$291.4M
$199.6M
Q2 24
$345.5M
$189.5M
Net Profit
ASTE
ASTE
ESBA
ESBA
Q1 26
$1.3M
Q4 25
$12.0M
$32.2M
Q3 25
$-4.2M
$13.6M
Q2 25
$16.7M
$11.4M
Q1 25
$14.3M
$15.8M
Q4 24
$21.1M
$18.8M
Q3 24
$-6.2M
$22.8M
Q2 24
$-14.0M
$28.6M
Gross Margin
ASTE
ASTE
ESBA
ESBA
Q1 26
25.0%
Q4 25
27.3%
Q3 25
24.1%
Q2 25
26.7%
Q1 25
28.1%
Q4 24
28.7%
Q3 24
22.9%
Q2 24
23.5%
Operating Margin
ASTE
ASTE
ESBA
ESBA
Q1 26
2.3%
Q4 25
5.7%
17.8%
Q3 25
0.3%
19.9%
Q2 25
6.5%
18.4%
Q1 25
6.2%
14.3%
Q4 24
9.7%
21.7%
Q3 24
-2.5%
22.7%
Q2 24
-3.1%
20.8%
Net Margin
ASTE
ASTE
ESBA
ESBA
Q1 26
0.3%
Q4 25
3.0%
16.1%
Q3 25
-1.2%
6.9%
Q2 25
5.1%
6.0%
Q1 25
4.3%
8.8%
Q4 24
5.9%
9.5%
Q3 24
-2.1%
11.4%
Q2 24
-4.1%
15.1%
EPS (diluted)
ASTE
ASTE
ESBA
ESBA
Q1 26
$0.06
Q4 25
$0.52
$0.11
Q3 25
$-0.18
$0.05
Q2 25
$0.72
$0.04
Q1 25
$0.62
$0.05
Q4 24
$0.92
$0.07
Q3 24
$-0.27
$0.08
Q2 24
$-0.61
$0.10

Balance Sheet & Financial Strength

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

Metric
ASTE
ASTE
ESBA
ESBA
Cash + ST InvestmentsLiquidity on hand
$132.7M
Total DebtLower is stronger
$365.5M
Stockholders' EquityBook value
$678.1M
Total Assets
$1.4B
$4.5B
Debt / EquityLower = less leverage
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASTE
ASTE
ESBA
ESBA
Q1 26
Q4 25
$74.1M
$132.7M
Q3 25
$71.8M
$154.1M
Q2 25
$91.6M
$94.6M
Q1 25
$95.4M
$187.8M
Q4 24
$93.8M
$385.5M
Q3 24
$58.9M
$421.9M
Q2 24
$68.4M
$535.5M
Total Debt
ASTE
ASTE
ESBA
ESBA
Q1 26
$365.5M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
ASTE
ASTE
ESBA
ESBA
Q1 26
$678.1M
Q4 25
$681.7M
Q3 25
$668.9M
Q2 25
$674.9M
Q1 25
$653.2M
Q4 24
$637.8M
Q3 24
$631.4M
Q2 24
$633.3M
Total Assets
ASTE
ASTE
ESBA
ESBA
Q1 26
$1.4B
Q4 25
$1.4B
$4.5B
Q3 25
$1.3B
$4.1B
Q2 25
$1.1B
$4.1B
Q1 25
$1.1B
$4.1B
Q4 24
$1.0B
$4.5B
Q3 24
$1.1B
$4.4B
Q2 24
$1.1B
$4.4B
Debt / Equity
ASTE
ASTE
ESBA
ESBA
Q1 26
0.54×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
ASTE
ASTE
ESBA
ESBA
Operating Cash FlowLast quarter
$20.7M
$249.1M
Free Cash FlowOCF − Capex
$32.6M
$50.6M
FCF MarginFCF / Revenue
8.2%
25.4%
Capex IntensityCapex / Revenue
99.6%
Cash ConversionOCF / Net Profit
15.92×
7.74×
TTM Free Cash FlowTrailing 4 quarters
$36.7M
$109.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASTE
ASTE
ESBA
ESBA
Q1 26
$20.7M
Q4 25
$36.1M
$249.1M
Q3 25
$-8.1M
$105.3M
Q2 25
$12.9M
$26.7M
Q1 25
$20.5M
$83.1M
Q4 24
$36.6M
$260.9M
Q3 24
$22.5M
$102.8M
Q2 24
$10.9M
$37.1M
Free Cash Flow
ASTE
ASTE
ESBA
ESBA
Q1 26
$32.6M
Q4 25
$7.4M
$50.6M
Q3 25
$-12.3M
$72.8M
Q2 25
$9.0M
$-55.1M
Q1 25
$16.6M
$41.1M
Q4 24
$32.1M
$88.0M
Q3 24
$19.9M
$-65.1M
Q2 24
$3.3M
$19.5M
FCF Margin
ASTE
ASTE
ESBA
ESBA
Q1 26
8.2%
Q4 25
1.8%
25.4%
Q3 25
-3.5%
36.8%
Q2 25
2.7%
-28.8%
Q1 25
5.0%
22.8%
Q4 24
8.9%
44.5%
Q3 24
6.8%
-32.6%
Q2 24
1.0%
10.3%
Capex Intensity
ASTE
ASTE
ESBA
ESBA
Q1 26
Q4 25
7.2%
99.6%
Q3 25
1.2%
16.5%
Q2 25
1.2%
42.8%
Q1 25
1.2%
23.4%
Q4 24
1.3%
87.5%
Q3 24
0.9%
84.1%
Q2 24
2.2%
9.3%
Cash Conversion
ASTE
ASTE
ESBA
ESBA
Q1 26
15.92×
Q4 25
3.01×
7.74×
Q3 25
7.72×
Q2 25
0.77×
2.35×
Q1 25
1.43×
5.27×
Q4 24
1.73×
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

ASTE
ASTE

Infrastructure Solutions$237.0M60%
Materials Solutions$159.3M40%

ESBA
ESBA

Real Estate Segment$163.8M82%
Observatory Segment$35.2M18%

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