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Side-by-side financial comparison of Enhabit, Inc. (EHAB) and INDEPENDENCE REALTY TRUST, INC. (IRT). Click either name above to swap in a different company.
Enhabit, Inc. is the larger business by last-quarter revenue ($270.4M vs $165.3M, roughly 1.6× INDEPENDENCE REALTY TRUST, INC.). On growth, Enhabit, Inc. posted the faster year-over-year revenue change (4.7% vs 2.5%). Over the past eight quarters, INDEPENDENCE REALTY TRUST, INC.'s revenue compounded faster (2.2% CAGR vs 1.5%).
Enhabit, Inc., is a Dallas, Texas-based provider of home health and hospice services. The company operates 255 home health and 110 hospice locations in 34 states with a concentration in Texas, Alabama, Florida, Georgia, Oklahoma and Mississippi. Enhabit is the fourth-largest provider of home health services in the United States and is a leading provider of hospice services. The company was formed in 2022 when Encompass Health spun off its home health and hospice business.
Brandywine Realty Trust is a Philadelphia-based real estate investment trust (REIT) that invests in office buildings in Philadelphia, Washington, D.C., and Austin, Texas.
EHAB vs IRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $270.4M | $165.3M |
| Net Profit | $-38.7M | — |
| Gross Margin | — | — |
| Operating Margin | -12.3% | — |
| Net Margin | -14.3% | — |
| Revenue YoY | 4.7% | 2.5% |
| Net Profit YoY | 15.9% | — |
| EPS (diluted) | $-0.76 | $0.00 |
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.
| Q1 26 | — | $165.3M | ||
| Q4 25 | $270.4M | $167.1M | ||
| Q3 25 | $263.6M | $167.1M | ||
| Q2 25 | $266.1M | $162.2M | ||
| Q1 25 | $259.9M | $161.2M | ||
| Q4 24 | $258.2M | $161.0M | ||
| Q3 24 | $253.6M | $160.1M | ||
| Q2 24 | $260.6M | $158.4M |
| Q1 26 | — | — | ||
| Q4 25 | $-38.7M | $33.3M | ||
| Q3 25 | $11.1M | $6.9M | ||
| Q2 25 | $5.2M | $8.0M | ||
| Q1 25 | $17.8M | $8.4M | ||
| Q4 24 | $-46.0M | $-1.0M | ||
| Q3 24 | $-110.2M | $12.4M | ||
| Q2 24 | $-200.0K | $10.4M |
| Q1 26 | — | — | ||
| Q4 25 | -12.3% | — | ||
| Q3 25 | 6.4% | — | ||
| Q2 25 | 6.3% | — | ||
| Q1 25 | 6.1% | — | ||
| Q4 24 | -16.0% | — | ||
| Q3 24 | -38.6% | — | ||
| Q2 24 | 4.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | -14.3% | 19.9% | ||
| Q3 25 | 4.2% | 4.1% | ||
| Q2 25 | 2.0% | 5.0% | ||
| Q1 25 | 6.8% | 5.2% | ||
| Q4 24 | -17.8% | -0.6% | ||
| Q3 24 | -43.5% | 7.7% | ||
| Q2 24 | -0.1% | 6.5% |
| Q1 26 | — | $0.00 | ||
| Q4 25 | $-0.76 | $0.14 | ||
| Q3 25 | $0.22 | $0.03 | ||
| Q2 25 | $0.10 | $0.03 | ||
| Q1 25 | $0.35 | $0.04 | ||
| Q4 24 | $-0.92 | $-0.01 | ||
| Q3 24 | $-2.20 | $0.05 | ||
| Q2 24 | $0.00 | $0.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $43.6M | $23.3M |
| Total DebtLower is stronger | $426.0M | — |
| Stockholders' EquityBook value | $534.0M | $3.4B |
| Total Assets | $1.2B | $6.1B |
| Debt / EquityLower = less leverage | 0.80× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $23.3M | ||
| Q4 25 | $43.6M | $23.6M | ||
| Q3 25 | $56.9M | $23.3M | ||
| Q2 25 | $37.1M | $19.5M | ||
| Q1 25 | $39.5M | $29.1M | ||
| Q4 24 | $28.4M | $21.2M | ||
| Q3 24 | $45.7M | $17.6M | ||
| Q2 24 | $28.5M | $21.0M |
| Q1 26 | — | — | ||
| Q4 25 | $426.0M | $2.3B | ||
| Q3 25 | $441.5M | $2.3B | ||
| Q2 25 | $456.9M | $2.2B | ||
| Q1 25 | $467.3M | $2.3B | ||
| Q4 24 | $492.6M | $2.3B | ||
| Q3 24 | $502.9M | $2.3B | ||
| Q2 24 | $512.7M | $2.3B |
| Q1 26 | — | $3.4B | ||
| Q4 25 | $534.0M | $3.5B | ||
| Q3 25 | $566.8M | $3.5B | ||
| Q2 25 | $552.4M | $3.4B | ||
| Q1 25 | $543.2M | $3.5B | ||
| Q4 24 | $523.5M | $3.4B | ||
| Q3 24 | $566.1M | $3.4B | ||
| Q2 24 | $674.3M | $3.4B |
| Q1 26 | — | $6.1B | ||
| Q4 25 | $1.2B | $6.0B | ||
| Q3 25 | $1.2B | $6.1B | ||
| Q2 25 | $1.2B | $6.0B | ||
| Q1 25 | $1.2B | $6.0B | ||
| Q4 24 | $1.2B | $6.1B | ||
| Q3 24 | $1.3B | $5.9B | ||
| Q2 24 | $1.4B | $5.9B |
| Q1 26 | — | — | ||
| Q4 25 | 0.80× | 0.66× | ||
| Q3 25 | 0.78× | 0.66× | ||
| Q2 25 | 0.83× | 0.66× | ||
| Q1 25 | 0.86× | 0.65× | ||
| Q4 24 | 0.94× | 0.68× | ||
| Q3 24 | 0.89× | 0.68× | ||
| Q2 24 | 0.76× | 0.66× |
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 | $4.4M | — |
| Free Cash FlowOCF − Capex | $3.3M | — |
| FCF MarginFCF / Revenue | 1.2% | — |
| Capex IntensityCapex / Revenue | 0.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $65.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $4.4M | $282.1M | ||
| Q3 25 | $37.8M | $79.3M | ||
| Q2 25 | $10.6M | $82.2M | ||
| Q1 25 | $17.9M | $60.4M | ||
| Q4 24 | $-4.1M | $259.8M | ||
| Q3 24 | $28.4M | $69.2M | ||
| Q2 24 | $9.6M | $83.0M |
| Q1 26 | — | — | ||
| Q4 25 | $3.3M | — | ||
| Q3 25 | $36.2M | — | ||
| Q2 25 | $8.7M | — | ||
| Q1 25 | $17.6M | — | ||
| Q4 24 | $-4.7M | — | ||
| Q3 24 | $27.7M | — | ||
| Q2 24 | $8.9M | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | — | ||
| Q3 25 | 13.7% | — | ||
| Q2 25 | 3.3% | — | ||
| Q1 25 | 6.8% | — | ||
| Q4 24 | -1.8% | — | ||
| Q3 24 | 10.9% | — | ||
| Q2 24 | 3.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 0.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 8.48× | ||
| Q3 25 | 3.41× | 11.51× | ||
| Q2 25 | 2.04× | 10.22× | ||
| Q1 25 | 1.01× | 7.23× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 5.60× | ||
| Q2 24 | — | 8.02× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EHAB
| Third Party Payor Medicare | $111.6M | 41% |
| Third Party Payor Medicare Advantage | $67.5M | 25% |
| Hospice Segment | $63.6M | 24% |
| Third Party Payor Managed Care | $24.9M | 9% |
| Third Party Payor Medicaid | $1.7M | 1% |
IRT
| Rental and other property revenue | $165.2M | 100% |
| Other revenue | $109.0K | 0% |
