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Side-by-side financial comparison of Empire State Realty OP, L.P. (ESBA) and Legend Biotech Corp (LEGN). Click either name above to swap in a different company.

Legend Biotech Corp is the larger business by last-quarter revenue ($272.3M vs $199.2M, roughly 1.4× Empire State Realty OP, L.P.). Empire State Realty OP, L.P. runs the higher net margin — 16.1% vs -14.6%, a 30.7% gap on every dollar of revenue. On growth, Legend Biotech Corp posted the faster year-over-year revenue change (70.0% vs 0.8%). Over the past eight quarters, Legend Biotech Corp's revenue compounded faster (92.7% CAGR vs 4.9%).

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.

GenScript Biotech, fully known as GenScript Biotech Corporation, usually referred to as simply GenScript, is a China–based biotech company. It was co-founded in 2002 in New Jersey by Fangliang Zhang, Ye Wang, and Luquan Wang. The company mainly provides life science research application instruments and services. It was listed on the Hong Kong Stock Exchange in 2015. The current rotating CEO of the firm is Shao Weihui, who also served as the chief operating officer and Chinese Communist Party ...

ESBA vs LEGN — Head-to-Head

Bigger by revenue
LEGN
LEGN
1.4× larger
LEGN
$272.3M
$199.2M
ESBA
Growing faster (revenue YoY)
LEGN
LEGN
+69.2% gap
LEGN
70.0%
0.8%
ESBA
Higher net margin
ESBA
ESBA
30.7% more per $
ESBA
16.1%
-14.6%
LEGN
Faster 2-yr revenue CAGR
LEGN
LEGN
Annualised
LEGN
92.7%
4.9%
ESBA

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ESBA
ESBA
LEGN
LEGN
Revenue
$199.2M
$272.3M
Net Profit
$32.2M
$-39.7M
Gross Margin
58.4%
Operating Margin
17.8%
-16.0%
Net Margin
16.1%
-14.6%
Revenue YoY
0.8%
70.0%
Net Profit YoY
71.2%
68.3%
EPS (diluted)
$0.11
$-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
ESBA
ESBA
LEGN
LEGN
Q4 25
$199.2M
Q3 25
$197.7M
$272.3M
Q2 25
$191.3M
$255.1M
Q1 25
$180.1M
$195.1M
Q4 24
$197.6M
Q3 24
$199.6M
$160.2M
Q2 24
$189.5M
$186.5M
Q1 24
$181.2M
$94.0M
Net Profit
ESBA
ESBA
LEGN
LEGN
Q4 25
$32.2M
Q3 25
$13.6M
$-39.7M
Q2 25
$11.4M
$-125.4M
Q1 25
$15.8M
$-100.9M
Q4 24
$18.8M
Q3 24
$22.8M
$-125.3M
Q2 24
$28.6M
$-18.2M
Q1 24
$10.2M
$-59.8M
Gross Margin
ESBA
ESBA
LEGN
LEGN
Q4 25
Q3 25
58.4%
Q2 25
62.8%
Q1 25
64.4%
Q4 24
Q3 24
67.2%
Q2 24
75.7%
Q1 24
47.8%
Operating Margin
ESBA
ESBA
LEGN
LEGN
Q4 25
17.8%
Q3 25
19.9%
-16.0%
Q2 25
18.4%
Q1 25
14.3%
Q4 24
21.7%
Q3 24
22.7%
-43.9%
Q2 24
20.8%
Q1 24
17.1%
Net Margin
ESBA
ESBA
LEGN
LEGN
Q4 25
16.1%
Q3 25
6.9%
-14.6%
Q2 25
6.0%
-49.2%
Q1 25
8.8%
-51.7%
Q4 24
9.5%
Q3 24
11.4%
-78.2%
Q2 24
15.1%
-9.8%
Q1 24
5.6%
-63.6%
EPS (diluted)
ESBA
ESBA
LEGN
LEGN
Q4 25
$0.11
Q3 25
$0.05
$-0.11
Q2 25
$0.04
$-0.34
Q1 25
$0.05
$-0.27
Q4 24
$0.07
Q3 24
$0.08
$-0.34
Q2 24
$0.10
$-0.05
Q1 24
$0.03
$-0.16

Balance Sheet & Financial Strength

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

Metric
ESBA
ESBA
LEGN
LEGN
Cash + ST InvestmentsLiquidity on hand
$132.7M
$278.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.0B
Total Assets
$4.5B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESBA
ESBA
LEGN
LEGN
Q4 25
$132.7M
Q3 25
$154.1M
$278.9M
Q2 25
$94.6M
$266.6M
Q1 25
$187.8M
$441.7M
Q4 24
$385.5M
Q3 24
$421.9M
$459.3M
Q2 24
$535.5M
$201.3M
Q1 24
$333.6M
$897.6M
Stockholders' Equity
ESBA
ESBA
LEGN
LEGN
Q4 25
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
Q3 24
$1.1B
Q2 24
$1.2B
Q1 24
$1.2B
Total Assets
ESBA
ESBA
LEGN
LEGN
Q4 25
$4.5B
Q3 25
$4.1B
$1.7B
Q2 25
$4.1B
$1.7B
Q1 25
$4.1B
$1.6B
Q4 24
$4.5B
Q3 24
$4.4B
$1.7B
Q2 24
$4.4B
$1.8B
Q1 24
$4.2B
$1.8B

Cash Flow & Capital Efficiency

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

Metric
ESBA
ESBA
LEGN
LEGN
Operating Cash FlowLast quarter
$249.1M
$28.8M
Free Cash FlowOCF − Capex
$50.6M
FCF MarginFCF / Revenue
25.4%
Capex IntensityCapex / Revenue
99.6%
Cash ConversionOCF / Net Profit
7.74×
TTM Free Cash FlowTrailing 4 quarters
$109.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESBA
ESBA
LEGN
LEGN
Q4 25
$249.1M
Q3 25
$105.3M
$28.8M
Q2 25
$26.7M
$-13.0M
Q1 25
$83.1M
$-103.8M
Q4 24
$260.9M
Q3 24
$102.8M
$-75.8M
Q2 24
$37.1M
$-1.7M
Q1 24
$70.9M
$15.5M
Free Cash Flow
ESBA
ESBA
LEGN
LEGN
Q4 25
$50.6M
Q3 25
$72.8M
Q2 25
$-55.1M
Q1 25
$41.1M
Q4 24
$88.0M
Q3 24
$-65.1M
Q2 24
$19.5M
Q1 24
$23.2M
FCF Margin
ESBA
ESBA
LEGN
LEGN
Q4 25
25.4%
Q3 25
36.8%
Q2 25
-28.8%
Q1 25
22.8%
Q4 24
44.5%
Q3 24
-32.6%
Q2 24
10.3%
Q1 24
12.8%
Capex Intensity
ESBA
ESBA
LEGN
LEGN
Q4 25
99.6%
Q3 25
16.5%
Q2 25
42.8%
Q1 25
23.4%
Q4 24
87.5%
Q3 24
84.1%
Q2 24
9.3%
Q1 24
26.3%
Cash Conversion
ESBA
ESBA
LEGN
LEGN
Q4 25
7.74×
Q3 25
7.72×
Q2 25
2.35×
Q1 25
5.27×
Q4 24
13.88×
Q3 24
4.51×
Q2 24
1.30×
Q1 24
6.94×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESBA
ESBA

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

LEGN
LEGN

Goods Or Services Transferred At Point In Time$261.8M96%
Goods Or Services Transferred Over Time$10.5M4%

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