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Side-by-side financial comparison of Krispy Kreme, Inc. (DNUT) and Essex Property Trust (ESS). Click either name above to swap in a different company.
Essex Property Trust is the larger business by last-quarter revenue ($479.6M vs $392.4M, roughly 1.2× Krispy Kreme, Inc.). Essex Property Trust runs the higher net margin — 17.9% vs -7.1%, a 25.0% gap on every dollar of revenue. On growth, Essex Property Trust posted the faster year-over-year revenue change (5.5% vs -2.9%). Over the past eight quarters, Essex Property Trust's revenue compounded faster (6.0% CAGR vs -5.9%).
Krispy Kreme, Inc. is an American multinational doughnut company and coffeehouse chain. Krispy Kreme was founded by Vernon Rudolph (1915–1973), who bought a yeast-raised recipe from a New Orleans chef, rented a building in 1937 in what is now historic Old Salem in Winston-Salem, North Carolina, and began selling to local grocery stores. Steady growth preceded an ambitious expansion as a public company in the period 2000 to 2016, which ultimately proved unprofitable. In 2016, the company retur...
Essex Property Trust is a publicly traded real estate investment trust that invests in apartments in California and in the Seattle metropolitan area.
DNUT vs ESS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $392.4M | $479.6M |
| Net Profit | $-27.8M | $85.7M |
| Gross Margin | — | 70.0% |
| Operating Margin | -1.9% | 31.7% |
| Net Margin | -7.1% | 17.9% |
| Revenue YoY | -2.9% | 5.5% |
| Net Profit YoY | -23.8% | -71.6% |
| EPS (diluted) | $-0.18 | $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 | $392.4M | $479.6M | ||
| Q3 25 | $375.3M | $473.3M | ||
| Q2 25 | $379.8M | $469.8M | ||
| Q1 25 | $375.2M | $464.6M | ||
| Q4 24 | $404.0M | $454.5M | ||
| Q3 24 | $379.9M | $450.7M | ||
| Q2 24 | $438.8M | $442.4M | ||
| Q1 24 | $442.7M | $426.9M |
| Q4 25 | $-27.8M | $85.7M | ||
| Q3 25 | $-19.4M | $172.7M | ||
| Q2 25 | $-435.3M | $231.5M | ||
| Q1 25 | $-33.3M | $212.8M | ||
| Q4 24 | $-22.4M | $301.7M | ||
| Q3 24 | $39.6M | $125.5M | ||
| Q2 24 | $-5.5M | $99.0M | ||
| Q1 24 | $-8.5M | $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 | -1.9% | 44.5% | ||
| Q2 25 | -114.4% | 59.5% | ||
| Q1 25 | -5.4% | 55.3% | ||
| Q4 24 | -2.8% | 67.0% | ||
| Q3 24 | -4.2% | 28.6% | ||
| Q2 24 | 1.6% | 31.1% | ||
| Q1 24 | 2.7% | 31.0% |
| Q4 25 | -7.1% | 17.9% | ||
| Q3 25 | -5.2% | 36.5% | ||
| Q2 25 | -114.6% | 49.3% | ||
| Q1 25 | -8.9% | 45.8% | ||
| Q4 24 | -5.6% | 66.4% | ||
| Q3 24 | 10.4% | 27.8% | ||
| Q2 24 | -1.3% | 22.4% | ||
| Q1 24 | -1.9% | 66.8% |
| Q4 25 | $-0.18 | $1.24 | ||
| Q3 25 | $-0.11 | $2.56 | ||
| Q2 25 | $-2.55 | $3.44 | ||
| Q1 25 | $-0.20 | $3.16 | ||
| Q4 24 | $-0.13 | $4.00 | ||
| Q3 24 | $0.23 | $1.84 | ||
| Q2 24 | $-0.03 | $1.45 | ||
| Q1 24 | $-0.05 | $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 | $42.4M | $76.2M |
| Total DebtLower is stronger | $911.9M | — |
| Stockholders' EquityBook value | $650.1M | $5.5B |
| Total Assets | $2.6B | $13.2B |
| Debt / EquityLower = less leverage | 1.40× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $42.4M | $76.2M | ||
| Q3 25 | $30.7M | $66.0M | ||
| Q2 25 | $21.3M | $58.7M | ||
| Q1 25 | $18.7M | $98.7M | ||
| Q4 24 | $29.0M | $66.8M | ||
| Q3 24 | $25.4M | $71.3M | ||
| Q2 24 | $28.6M | $55.2M | ||
| Q1 24 | $33.1M | $499.0M |
| Q4 25 | $911.9M | — | ||
| Q3 25 | $906.2M | $6.4B | ||
| Q2 25 | $889.4M | $6.4B | ||
| Q1 25 | $935.0M | $6.8B | ||
| Q4 24 | $844.5M | — | ||
| Q3 24 | $804.6M | $6.4B | ||
| Q2 24 | $895.0M | $6.2B | ||
| Q1 24 | $881.8M | $6.6B |
| Q4 25 | $650.1M | $5.5B | ||
| Q3 25 | $670.3M | $5.6B | ||
| Q2 25 | $693.6M | $5.6B | ||
| Q1 25 | $1.1B | $5.6B | ||
| Q4 24 | $1.1B | $5.5B | ||
| Q3 24 | $1.2B | $5.4B | ||
| Q2 24 | $1.1B | $5.5B | ||
| Q1 24 | $1.2B | $5.5B |
| Q4 25 | $2.6B | $13.2B | ||
| Q3 25 | $2.6B | $13.2B | ||
| Q2 25 | $2.6B | $13.2B | ||
| Q1 25 | $3.1B | $13.2B | ||
| Q4 24 | $3.1B | $12.9B | ||
| Q3 24 | $3.1B | $12.6B | ||
| Q2 24 | $3.2B | $12.5B | ||
| Q1 24 | $3.2B | $12.9B |
| Q4 25 | 1.40× | — | ||
| Q3 25 | 1.35× | 1.15× | ||
| Q2 25 | 1.28× | 1.14× | ||
| Q1 25 | 0.85× | 1.22× | ||
| Q4 24 | 0.74× | — | ||
| Q3 24 | 0.68× | 1.18× | ||
| Q2 24 | 0.79× | 1.13× | ||
| Q1 24 | 0.76× | 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 | $45.0M | $1.1B |
| Free Cash FlowOCF − Capex | $27.9M | — |
| FCF MarginFCF / Revenue | 7.1% | — |
| Capex IntensityCapex / Revenue | 4.4% | — |
| Cash ConversionOCF / Net Profit | — | 12.53× |
| TTM Free Cash FlowTrailing 4 quarters | $-64.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $45.0M | $1.1B | ||
| Q3 25 | $42.3M | $342.6M | ||
| Q2 25 | $-32.5M | $216.1M | ||
| Q1 25 | $-20.8M | $281.5M | ||
| Q4 24 | $27.0M | $1.1B | ||
| Q3 24 | $3.3M | $316.2M | ||
| Q2 24 | $33.2M | $218.9M | ||
| Q1 24 | $-17.7M | $314.9M |
| Q4 25 | $27.9M | — | ||
| Q3 25 | $15.5M | — | ||
| Q2 25 | $-60.8M | — | ||
| Q1 25 | $-46.7M | — | ||
| Q4 24 | $-6.9M | — | ||
| Q3 24 | $-22.9M | — | ||
| Q2 24 | $1.6M | — | ||
| Q1 24 | $-46.8M | — |
| Q4 25 | 7.1% | — | ||
| Q3 25 | 4.1% | — | ||
| Q2 25 | -16.0% | — | ||
| Q1 25 | -12.5% | — | ||
| Q4 24 | -1.7% | — | ||
| Q3 24 | -6.0% | — | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | -10.6% | — |
| Q4 25 | 4.4% | — | ||
| Q3 25 | 7.1% | — | ||
| Q2 25 | 7.4% | — | ||
| Q1 25 | 6.9% | — | ||
| Q4 24 | 8.4% | — | ||
| Q3 24 | 6.9% | — | ||
| Q2 24 | 7.2% | — | ||
| Q1 24 | 6.6% | — |
| Q4 25 | — | 12.53× | ||
| Q3 25 | — | 1.98× | ||
| Q2 25 | — | 0.93× | ||
| Q1 25 | — | 1.32× | ||
| Q4 24 | — | 3.54× | ||
| Q3 24 | 0.08× | 2.52× | ||
| Q2 24 | — | 2.21× | ||
| Q1 24 | — | 1.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.