vs

Side-by-side financial comparison of Citi Trends Inc (CTRN) and Empire State Realty OP, L.P. (ESBA). Click either name above to swap in a different company.

Empire State Realty OP, L.P. is the larger business by last-quarter revenue ($199.2M vs $197.1M, roughly 1.0× Citi Trends Inc). Empire State Realty OP, L.P. runs the higher net margin — 16.1% vs -3.5%, a 19.6% gap on every dollar of revenue. On growth, Citi Trends Inc posted the faster year-over-year revenue change (10.1% vs 0.8%). Empire State Realty OP, L.P. produced more free cash flow last quarter ($50.6M vs $767.0K). Over the past eight quarters, Empire State Realty OP, L.P.'s revenue compounded faster (4.9% CAGR vs -4.3%).

Citi Trends, Inc. is an American retail clothing chain selling discounted products targeted primarily at African-American customers.

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.

CTRN vs ESBA — Head-to-Head

Bigger by revenue
ESBA
ESBA
1.0× larger
ESBA
$199.2M
$197.1M
CTRN
Growing faster (revenue YoY)
CTRN
CTRN
+9.2% gap
CTRN
10.1%
0.8%
ESBA
Higher net margin
ESBA
ESBA
19.6% more per $
ESBA
16.1%
-3.5%
CTRN
More free cash flow
ESBA
ESBA
$49.8M more FCF
ESBA
$50.6M
$767.0K
CTRN
Faster 2-yr revenue CAGR
ESBA
ESBA
Annualised
ESBA
4.9%
-4.3%
CTRN

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CTRN
CTRN
ESBA
ESBA
Revenue
$197.1M
$199.2M
Net Profit
$-6.9M
$32.2M
Gross Margin
Operating Margin
-3.7%
17.8%
Net Margin
-3.5%
16.1%
Revenue YoY
10.1%
0.8%
Net Profit YoY
3.6%
71.2%
EPS (diluted)
$-0.86
$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
CTRN
CTRN
ESBA
ESBA
Q4 25
$197.1M
$199.2M
Q3 25
$190.8M
$197.7M
Q2 25
$201.7M
$191.3M
Q1 25
$211.2M
$180.1M
Q4 24
$179.1M
$197.6M
Q3 24
$176.6M
$199.6M
Q2 24
$186.3M
$189.5M
Q1 24
$215.2M
$181.2M
Net Profit
CTRN
CTRN
ESBA
ESBA
Q4 25
$-6.9M
$32.2M
Q3 25
$3.8M
$13.6M
Q2 25
$871.0K
$11.4M
Q1 25
$-14.2M
$15.8M
Q4 24
$-7.2M
$18.8M
Q3 24
$-18.4M
$22.8M
Q2 24
$-3.4M
$28.6M
Q1 24
$3.6M
$10.2M
Operating Margin
CTRN
CTRN
ESBA
ESBA
Q4 25
-3.7%
17.8%
Q3 25
1.8%
19.9%
Q2 25
0.2%
18.4%
Q1 25
0.6%
14.3%
Q4 24
-4.9%
21.7%
Q3 24
-14.1%
22.7%
Q2 24
-3.7%
20.8%
Q1 24
1.8%
17.1%
Net Margin
CTRN
CTRN
ESBA
ESBA
Q4 25
-3.5%
16.1%
Q3 25
2.0%
6.9%
Q2 25
0.4%
6.0%
Q1 25
-6.7%
8.8%
Q4 24
-4.0%
9.5%
Q3 24
-10.4%
11.4%
Q2 24
-1.8%
15.1%
Q1 24
1.7%
5.6%
EPS (diluted)
CTRN
CTRN
ESBA
ESBA
Q4 25
$-0.86
$0.11
Q3 25
$0.46
$0.05
Q2 25
$0.11
$0.04
Q1 25
$-1.70
$0.05
Q4 24
$-0.86
$0.07
Q3 24
$-2.21
$0.08
Q2 24
$-0.42
$0.10
Q1 24
$0.43
$0.03

Balance Sheet & Financial Strength

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

Metric
CTRN
CTRN
ESBA
ESBA
Cash + ST InvestmentsLiquidity on hand
$132.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$107.8M
Total Assets
$464.3M
$4.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTRN
CTRN
ESBA
ESBA
Q4 25
$132.7M
Q3 25
$154.1M
Q2 25
$94.6M
Q1 25
$187.8M
Q4 24
$385.5M
Q3 24
$421.9M
Q2 24
$535.5M
Q1 24
$333.6M
Stockholders' Equity
CTRN
CTRN
ESBA
ESBA
Q4 25
$107.8M
Q3 25
$113.2M
Q2 25
$108.6M
Q1 25
$113.2M
Q4 24
$130.3M
Q3 24
$136.6M
Q2 24
$154.8M
Q1 24
$157.7M
Total Assets
CTRN
CTRN
ESBA
ESBA
Q4 25
$464.3M
$4.5B
Q3 25
$457.4M
$4.1B
Q2 25
$437.4M
$4.1B
Q1 25
$462.8M
$4.1B
Q4 24
$467.1M
$4.5B
Q3 24
$506.7M
$4.4B
Q2 24
$484.1M
$4.4B
Q1 24
$518.7M
$4.2B

Cash Flow & Capital Efficiency

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

Metric
CTRN
CTRN
ESBA
ESBA
Operating Cash FlowLast quarter
$8.6M
$249.1M
Free Cash FlowOCF − Capex
$767.0K
$50.6M
FCF MarginFCF / Revenue
0.4%
25.4%
Capex IntensityCapex / Revenue
4.0%
99.6%
Cash ConversionOCF / Net Profit
7.74×
TTM Free Cash FlowTrailing 4 quarters
$11.9M
$109.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTRN
CTRN
ESBA
ESBA
Q4 25
$8.6M
$249.1M
Q3 25
$3.9M
$105.3M
Q2 25
$-11.0M
$26.7M
Q1 25
$28.5M
$83.1M
Q4 24
$-18.4M
$260.9M
Q3 24
$5.6M
$102.8M
Q2 24
$-19.6M
$37.1M
Q1 24
$23.3M
$70.9M
Free Cash Flow
CTRN
CTRN
ESBA
ESBA
Q4 25
$767.0K
$50.6M
Q3 25
$-1.7M
$72.8M
Q2 25
$-13.1M
$-55.1M
Q1 25
$26.0M
$41.1M
Q4 24
$-20.4M
$88.0M
Q3 24
$1.7M
$-65.1M
Q2 24
$-21.2M
$19.5M
Q1 24
$20.0M
$23.2M
FCF Margin
CTRN
CTRN
ESBA
ESBA
Q4 25
0.4%
25.4%
Q3 25
-0.9%
36.8%
Q2 25
-6.5%
-28.8%
Q1 25
12.3%
22.8%
Q4 24
-11.4%
44.5%
Q3 24
0.9%
-32.6%
Q2 24
-11.4%
10.3%
Q1 24
9.3%
12.8%
Capex Intensity
CTRN
CTRN
ESBA
ESBA
Q4 25
4.0%
99.6%
Q3 25
2.9%
16.5%
Q2 25
1.0%
42.8%
Q1 25
1.2%
23.4%
Q4 24
1.1%
87.5%
Q3 24
2.2%
84.1%
Q2 24
0.9%
9.3%
Q1 24
1.5%
26.3%
Cash Conversion
CTRN
CTRN
ESBA
ESBA
Q4 25
7.74×
Q3 25
1.01×
7.72×
Q2 25
-12.59×
2.35×
Q1 25
5.27×
Q4 24
13.88×
Q3 24
4.51×
Q2 24
1.30×
Q1 24
6.56×
6.94×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CTRN
CTRN

Segment breakdown not available.

ESBA
ESBA

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

Related Comparisons