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Side-by-side financial comparison of EnerSys (ENS) and Essex Property Trust (ESS). Click either name above to swap in a different company.

EnerSys is the larger business by last-quarter revenue ($919.1M vs $479.6M, roughly 1.9× Essex Property Trust). Essex Property Trust runs the higher net margin — 17.9% vs 9.8%, a 8.0% gap on every dollar of revenue. On growth, Essex Property Trust posted the faster year-over-year revenue change (5.5% vs 1.4%). Over the past eight quarters, Essex Property Trust's revenue compounded faster (6.0% CAGR vs 0.5%).

EnerSys is a stored energy systems and technology provider for industrial applications. The company manufactures reserve-power and motive-power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosures.

Essex Property Trust is a publicly traded real estate investment trust that invests in apartments in California and in the Seattle metropolitan area.

ENS vs ESS — Head-to-Head

Bigger by revenue
ENS
ENS
1.9× larger
ENS
$919.1M
$479.6M
ESS
Growing faster (revenue YoY)
ESS
ESS
+4.1% gap
ESS
5.5%
1.4%
ENS
Higher net margin
ESS
ESS
8.0% more per $
ESS
17.9%
9.8%
ENS
Faster 2-yr revenue CAGR
ESS
ESS
Annualised
ESS
6.0%
0.5%
ENS

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
ENS
ENS
ESS
ESS
Revenue
$919.1M
$479.6M
Net Profit
$90.4M
$85.7M
Gross Margin
30.1%
70.0%
Operating Margin
13.5%
31.7%
Net Margin
9.8%
17.9%
Revenue YoY
1.4%
5.5%
Net Profit YoY
-21.3%
-71.6%
EPS (diluted)
$2.40
$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.

Revenue
ENS
ENS
ESS
ESS
Q4 25
$919.1M
$479.6M
Q3 25
$951.3M
$473.3M
Q2 25
$893.0M
$469.8M
Q1 25
$974.8M
$464.6M
Q4 24
$906.2M
$454.5M
Q3 24
$883.7M
$450.7M
Q2 24
$852.9M
$442.4M
Q1 24
$910.7M
$426.9M
Net Profit
ENS
ENS
ESS
ESS
Q4 25
$90.4M
$85.7M
Q3 25
$68.4M
$172.7M
Q2 25
$57.5M
$231.5M
Q1 25
$96.5M
$212.8M
Q4 24
$114.8M
$301.7M
Q3 24
$82.3M
$125.5M
Q2 24
$70.1M
$99.0M
Q1 24
$60.9M
$285.1M
Gross Margin
ENS
ENS
ESS
ESS
Q4 25
30.1%
70.0%
Q3 25
29.1%
69.2%
Q2 25
28.4%
70.7%
Q1 25
31.2%
69.6%
Q4 24
32.9%
70.0%
Q3 24
28.5%
69.5%
Q2 24
27.9%
70.8%
Q1 24
27.9%
69.7%
Operating Margin
ENS
ENS
ESS
ESS
Q4 25
13.5%
31.7%
Q3 25
9.7%
44.5%
Q2 25
9.7%
59.5%
Q1 25
13.5%
55.3%
Q4 24
15.7%
67.0%
Q3 24
11.2%
28.6%
Q2 24
10.7%
31.1%
Q1 24
8.9%
31.0%
Net Margin
ENS
ENS
ESS
ESS
Q4 25
9.8%
17.9%
Q3 25
7.2%
36.5%
Q2 25
6.4%
49.3%
Q1 25
9.9%
45.8%
Q4 24
12.7%
66.4%
Q3 24
9.3%
27.8%
Q2 24
8.2%
22.4%
Q1 24
6.7%
66.8%
EPS (diluted)
ENS
ENS
ESS
ESS
Q4 25
$2.40
$1.24
Q3 25
$1.80
$2.56
Q2 25
$1.46
$3.44
Q1 25
$2.39
$3.16
Q4 24
$2.88
$4.00
Q3 24
$2.01
$1.84
Q2 24
$1.71
$1.45
Q1 24
$1.48
$4.25

Balance Sheet & Financial Strength

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

Metric
ENS
ENS
ESS
ESS
Cash + ST InvestmentsLiquidity on hand
$450.1M
$76.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
$5.5B
Total Assets
$4.0B
$13.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENS
ENS
ESS
ESS
Q4 25
$450.1M
$76.2M
Q3 25
$388.6M
$66.0M
Q2 25
$346.7M
$58.7M
Q1 25
$343.1M
$98.7M
Q4 24
$463.2M
$66.8M
Q3 24
$407.9M
$71.3M
Q2 24
$344.1M
$55.2M
Q1 24
$333.3M
$499.0M
Total Debt
ENS
ENS
ESS
ESS
Q4 25
Q3 25
$6.4B
Q2 25
$6.4B
Q1 25
$1.1B
$6.8B
Q4 24
Q3 24
$6.4B
Q2 24
$6.2B
Q1 24
$802.0M
$6.6B
Stockholders' Equity
ENS
ENS
ESS
ESS
Q4 25
$1.9B
$5.5B
Q3 25
$1.9B
$5.6B
Q2 25
$1.9B
$5.6B
Q1 25
$1.9B
$5.6B
Q4 24
$1.8B
$5.5B
Q3 24
$1.8B
$5.4B
Q2 24
$1.8B
$5.5B
Q1 24
$1.8B
$5.5B
Total Assets
ENS
ENS
ESS
ESS
Q4 25
$4.0B
$13.2B
Q3 25
$4.1B
$13.2B
Q2 25
$4.1B
$13.2B
Q1 25
$4.0B
$13.2B
Q4 24
$4.0B
$12.9B
Q3 24
$4.0B
$12.6B
Q2 24
$3.6B
$12.5B
Q1 24
$3.5B
$12.9B
Debt / Equity
ENS
ENS
ESS
ESS
Q4 25
Q3 25
1.15×
Q2 25
1.14×
Q1 25
0.57×
1.22×
Q4 24
Q3 24
1.18×
Q2 24
1.13×
Q1 24
0.46×
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
ENS
ENS
ESS
ESS
Operating Cash FlowLast quarter
$184.6M
$1.1B
Free Cash FlowOCF − Capex
$171.3M
FCF MarginFCF / Revenue
18.6%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
2.04×
12.53×
TTM Free Cash FlowTrailing 4 quarters
$441.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENS
ENS
ESS
ESS
Q4 25
$184.6M
$1.1B
Q3 25
$218.0M
$342.6M
Q2 25
$968.0K
$216.1M
Q1 25
$135.2M
$281.5M
Q4 24
$81.1M
$1.1B
Q3 24
$33.6M
$316.2M
Q2 24
$10.4M
$218.9M
Q1 24
$314.9M
Free Cash Flow
ENS
ENS
ESS
ESS
Q4 25
$171.3M
Q3 25
$197.1M
Q2 25
$-32.1M
Q1 25
$104.9M
Q4 24
$56.8M
Q3 24
$3.3M
Q2 24
$-25.7M
Q1 24
FCF Margin
ENS
ENS
ESS
ESS
Q4 25
18.6%
Q3 25
20.7%
Q2 25
-3.6%
Q1 25
10.8%
Q4 24
6.3%
Q3 24
0.4%
Q2 24
-3.0%
Q1 24
Capex Intensity
ENS
ENS
ESS
ESS
Q4 25
1.4%
Q3 25
2.2%
Q2 25
3.7%
Q1 25
3.1%
Q4 24
2.7%
Q3 24
3.4%
Q2 24
4.2%
Q1 24
Cash Conversion
ENS
ENS
ESS
ESS
Q4 25
2.04×
12.53×
Q3 25
3.19×
1.98×
Q2 25
0.02×
0.93×
Q1 25
1.40×
1.32×
Q4 24
0.71×
3.54×
Q3 24
0.41×
2.52×
Q2 24
0.15×
2.21×
Q1 24
1.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ENS
ENS

Energy Systems$399.5M43%
Motive Power$352.0M38%
Services$92.6M10%
Transferred Over Time$38.2M4%
Other$36.8M4%

ESS
ESS

Segment breakdown not available.

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