vs
Side-by-side financial comparison of Astrana Health, Inc. (ASTH) and Essex Property Trust (ESS). Click either name above to swap in a different company.
Astrana Health, Inc. is the larger business by last-quarter revenue ($950.5M vs $479.6M, roughly 2.0× Essex Property Trust). Essex Property Trust runs the higher net margin — 17.9% vs 0.7%, a 17.2% gap on every dollar of revenue. On growth, Astrana Health, Inc. posted the faster year-over-year revenue change (42.9% vs 5.5%). Over the past eight quarters, Astrana Health, Inc.'s revenue compounded faster (53.3% CAGR vs 6.0%).
Astrana Health, Inc. is a U.S.-based value-based healthcare services provider that primarily serves Medicare-eligible senior populations across the United States. It offers in-home primary care, chronic disease management, and care coordination services, aiming to improve patient health outcomes and reduce unnecessary medical costs.
Essex Property Trust is a publicly traded real estate investment trust that invests in apartments in California and in the Seattle metropolitan area.
ASTH vs ESS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $950.5M | $479.6M |
| Net Profit | $6.6M | $85.7M |
| Gross Margin | — | 70.0% |
| Operating Margin | 1.9% | 31.7% |
| Net Margin | 0.7% | 17.9% |
| Revenue YoY | 42.9% | 5.5% |
| Net Profit YoY | 184.4% | -71.6% |
| EPS (diluted) | $0.12 | $1.24 |
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.
| Q4 25 | $950.5M | $479.6M | ||
| Q3 25 | $956.0M | $473.3M | ||
| Q2 25 | $654.8M | $469.8M | ||
| Q1 25 | $620.4M | $464.6M | ||
| Q4 24 | $665.2M | $454.5M | ||
| Q3 24 | $478.7M | $450.7M | ||
| Q2 24 | $486.3M | $442.4M | ||
| Q1 24 | $404.4M | $426.9M |
| Q4 25 | $6.6M | $85.7M | ||
| Q3 25 | $373.0K | $172.7M | ||
| Q2 25 | $9.4M | $231.5M | ||
| Q1 25 | $6.7M | $212.8M | ||
| Q4 24 | $-7.8M | $301.7M | ||
| Q3 24 | $16.1M | $125.5M | ||
| Q2 24 | $19.2M | $99.0M | ||
| Q1 24 | $14.8M | $285.1M |
| Q4 25 | — | 70.0% | ||
| Q3 25 | — | 69.2% | ||
| Q2 25 | — | 70.7% | ||
| Q1 25 | — | 69.6% | ||
| Q4 24 | — | 70.0% | ||
| Q3 24 | — | 69.5% | ||
| Q2 24 | — | 70.8% | ||
| Q1 24 | — | 69.7% |
| Q4 25 | 1.9% | 31.7% | ||
| Q3 25 | 2.0% | 44.5% | ||
| Q2 25 | 3.1% | 59.5% | ||
| Q1 25 | 3.3% | 55.3% | ||
| Q4 24 | 0.1% | 67.0% | ||
| Q3 24 | 5.9% | 28.6% | ||
| Q2 24 | 6.2% | 31.1% | ||
| Q1 24 | 7.5% | 31.0% |
| Q4 25 | 0.7% | 17.9% | ||
| Q3 25 | 0.0% | 36.5% | ||
| Q2 25 | 1.4% | 49.3% | ||
| Q1 25 | 1.1% | 45.8% | ||
| Q4 24 | -1.2% | 66.4% | ||
| Q3 24 | 3.4% | 27.8% | ||
| Q2 24 | 3.9% | 22.4% | ||
| Q1 24 | 3.7% | 66.8% |
| Q4 25 | $0.12 | $1.24 | ||
| Q3 25 | $0.01 | $2.56 | ||
| Q2 25 | $0.19 | $3.44 | ||
| Q1 25 | $0.14 | $3.16 | ||
| Q4 24 | $-0.14 | $4.00 | ||
| Q3 24 | $0.33 | $1.84 | ||
| Q2 24 | $0.40 | $1.45 | ||
| Q1 24 | $0.31 | $4.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $429.5M | $76.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $779.3M | $5.5B |
| Total Assets | $2.2B | $13.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $429.5M | $76.2M | ||
| Q3 25 | $463.4M | $66.0M | ||
| Q2 25 | $342.1M | $58.7M | ||
| Q1 25 | $260.9M | $98.7M | ||
| Q4 24 | $290.8M | $66.8M | ||
| Q3 24 | $350.3M | $71.3M | ||
| Q2 24 | $327.7M | $55.2M | ||
| Q1 24 | $337.3M | $499.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | $6.4B | ||
| Q2 25 | — | $6.4B | ||
| Q1 25 | — | $6.8B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.2B | ||
| Q1 24 | — | $6.6B |
| Q4 25 | $779.3M | $5.5B | ||
| Q3 25 | $775.5M | $5.6B | ||
| Q2 25 | $765.5M | $5.6B | ||
| Q1 25 | $745.4M | $5.6B | ||
| Q4 24 | $712.7M | $5.5B | ||
| Q3 24 | $704.6M | $5.4B | ||
| Q2 24 | $678.9M | $5.5B | ||
| Q1 24 | $653.5M | $5.5B |
| Q4 25 | $2.2B | $13.2B | ||
| Q3 25 | $2.2B | $13.2B | ||
| Q2 25 | $1.4B | $13.2B | ||
| Q1 25 | $1.3B | $13.2B | ||
| Q4 24 | $1.4B | $12.9B | ||
| Q3 24 | $1.3B | $12.6B | ||
| Q2 24 | $1.3B | $12.5B | ||
| Q1 24 | $1.2B | $12.9B |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.15× | ||
| Q2 25 | — | 1.14× | ||
| Q1 25 | — | 1.22× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.18× | ||
| Q2 24 | — | 1.13× | ||
| Q1 24 | — | 1.19× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-2.9M | $1.1B |
| Free Cash FlowOCF − Capex | $-6.0M | — |
| FCF MarginFCF / Revenue | -0.6% | — |
| Capex IntensityCapex / Revenue | 0.3% | — |
| Cash ConversionOCF / Net Profit | -0.44× | 12.53× |
| TTM Free Cash FlowTrailing 4 quarters | $104.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.9M | $1.1B | ||
| Q3 25 | $10.0M | $342.6M | ||
| Q2 25 | $90.9M | $216.1M | ||
| Q1 25 | $16.6M | $281.5M | ||
| Q4 24 | $-10.9M | $1.1B | ||
| Q3 24 | $34.0M | $316.2M | ||
| Q2 24 | $23.2M | $218.9M | ||
| Q1 24 | $6.0M | $314.9M |
| Q4 25 | $-6.0M | — | ||
| Q3 25 | $7.4M | — | ||
| Q2 25 | $89.5M | — | ||
| Q1 25 | $13.6M | — | ||
| Q4 24 | $-13.5M | — | ||
| Q3 24 | $31.7M | — | ||
| Q2 24 | $20.4M | — | ||
| Q1 24 | $5.6M | — |
| Q4 25 | -0.6% | — | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 13.7% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | -2.0% | — | ||
| Q3 24 | 6.6% | — | ||
| Q2 24 | 4.2% | — | ||
| Q1 24 | 1.4% | — |
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 0.6% | — | ||
| Q1 24 | 0.1% | — |
| Q4 25 | -0.44× | 12.53× | ||
| Q3 25 | 26.69× | 1.98× | ||
| Q2 25 | 9.65× | 0.93× | ||
| Q1 25 | 2.48× | 1.32× | ||
| Q4 24 | — | 3.54× | ||
| Q3 24 | 2.11× | 2.52× | ||
| Q2 24 | 1.21× | 2.21× | ||
| Q1 24 | 0.40× | 1.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ASTH
| Medicare | $542.4M | 57% |
| Commercial | $99.1M | 10% |
| Care Delivery | $92.1M | 10% |
| Care Enablement | $78.9M | 8% |
| Other Third Parties | $58.0M | 6% |
| Health Care Patient Service | $39.8M | 4% |
| Health Care Other | $25.5M | 3% |
| Other | $12.1M | 1% |
| Management Service | $10.3M | 1% |
ESS
Segment breakdown not available.
