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Side-by-side financial comparison of ESCO TECHNOLOGIES INC (ESE) and HCI Group, Inc. (HCI). Click either name above to swap in a different company.
ESCO TECHNOLOGIES INC is the larger business by last-quarter revenue ($289.7M vs $246.2M, roughly 1.2× HCI Group, Inc.). HCI Group, Inc. runs the higher net margin — 39.7% vs 9.9%, a 29.8% gap on every dollar of revenue. On growth, HCI Group, Inc. posted the faster year-over-year revenue change (52.1% vs 17.3%). HCI Group, Inc. produced more free cash flow last quarter ($440.8M vs $63.0M). Over the past eight quarters, HCI Group, Inc.'s revenue compounded faster (9.2% CAGR vs 7.8%).
Esco is a Singaporean brand that develops, manufactures, and sells products and services for laboratories.
HCI Equity Partners is a Washington, DC–based private equity firm with an additional office in Chicago, Illinois.
ESE vs HCI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $289.7M | $246.2M |
| Net Profit | $28.7M | $97.7M |
| Gross Margin | 41.4% | — |
| Operating Margin | 13.2% | 58.5% |
| Net Margin | 9.9% | 39.7% |
| Revenue YoY | 17.3% | 52.1% |
| Net Profit YoY | 22.2% | 3679.2% |
| EPS (diluted) | $1.11 | $7.29 |
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 | $289.7M | $246.2M | ||
| Q3 25 | $286.5M | $216.3M | ||
| Q2 25 | $296.3M | $221.9M | ||
| Q1 25 | $265.5M | $216.4M | ||
| Q4 24 | $247.0M | $161.9M | ||
| Q3 24 | $298.5M | $175.3M | ||
| Q2 24 | $260.8M | $206.2M | ||
| Q1 24 | $249.1M | $206.6M |
| Q4 25 | $28.7M | $97.7M | ||
| Q3 25 | $218.7M | $65.5M | ||
| Q2 25 | $26.1M | $66.2M | ||
| Q1 25 | $31.0M | $69.7M | ||
| Q4 24 | $23.5M | $2.6M | ||
| Q3 24 | $34.3M | $5.7M | ||
| Q2 24 | $29.2M | $54.1M | ||
| Q1 24 | $23.2M | $47.6M |
| Q4 25 | 41.4% | — | ||
| Q3 25 | 45.9% | — | ||
| Q2 25 | 41.2% | — | ||
| Q1 25 | 41.1% | — | ||
| Q4 24 | 39.8% | — | ||
| Q3 24 | 40.1% | — | ||
| Q2 24 | 39.6% | — | ||
| Q1 24 | 38.8% | — |
| Q4 25 | 13.2% | 58.5% | ||
| Q3 25 | 17.2% | 41.9% | ||
| Q2 25 | 11.2% | 42.5% | ||
| Q1 25 | 15.3% | 46.4% | ||
| Q4 24 | 11.4% | 3.6% | ||
| Q3 24 | 14.8% | 8.0% | ||
| Q2 24 | 14.3% | 36.9% | ||
| Q1 24 | 11.7% | 37.5% |
| Q4 25 | 9.9% | 39.7% | ||
| Q3 25 | 76.3% | 30.3% | ||
| Q2 25 | 8.8% | 29.8% | ||
| Q1 25 | 11.7% | 32.2% | ||
| Q4 24 | 9.5% | 1.6% | ||
| Q3 24 | 11.5% | 3.2% | ||
| Q2 24 | 11.2% | 26.2% | ||
| Q1 24 | 9.3% | 23.0% |
| Q4 25 | $1.11 | $7.29 | ||
| Q3 25 | $8.43 | $4.90 | ||
| Q2 25 | $1.01 | $5.18 | ||
| Q1 25 | $1.20 | $5.35 | ||
| Q4 24 | $0.91 | $0.32 | ||
| Q3 24 | $1.32 | $0.52 | ||
| Q2 24 | $1.13 | $4.24 | ||
| Q1 24 | $0.90 | $3.81 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $103.8M | $1.2B |
| Total DebtLower is stronger | $145.5M | — |
| Stockholders' EquityBook value | $1.6B | $1.0B |
| Total Assets | $2.4B | $2.5B |
| Debt / EquityLower = less leverage | 0.09× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $103.8M | $1.2B | ||
| Q3 25 | $101.3M | $987.9M | ||
| Q2 25 | $78.7M | $947.2M | ||
| Q1 25 | $57.4M | $754.5M | ||
| Q4 24 | $71.3M | $532.5M | ||
| Q3 24 | $66.0M | $518.8M | ||
| Q2 24 | $63.0M | $445.8M | ||
| Q1 24 | $59.4M | $655.4M |
| Q4 25 | $145.5M | — | ||
| Q3 25 | $186.0M | — | ||
| Q2 25 | $525.0M | — | ||
| Q1 25 | $88.0M | — | ||
| Q4 24 | $112.0M | — | ||
| Q3 24 | $122.0M | — | ||
| Q2 24 | $173.0M | — | ||
| Q1 24 | $191.0M | — |
| Q4 25 | $1.6B | $1.0B | ||
| Q3 25 | $1.5B | $821.8M | ||
| Q2 25 | $1.3B | $758.6M | ||
| Q1 25 | $1.3B | $522.7M | ||
| Q4 24 | $1.2B | $453.3M | ||
| Q3 24 | $1.2B | $455.3M | ||
| Q2 24 | $1.2B | $447.3M | ||
| Q1 24 | $1.2B | $395.7M |
| Q4 25 | $2.4B | $2.5B | ||
| Q3 25 | $2.4B | $2.3B | ||
| Q2 25 | $2.5B | $2.4B | ||
| Q1 25 | $1.8B | $2.3B | ||
| Q4 24 | $1.8B | $2.2B | ||
| Q3 24 | $1.8B | $2.0B | ||
| Q2 24 | $1.8B | $1.9B | ||
| Q1 24 | $1.8B | $1.8B |
| Q4 25 | 0.09× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.40× | — | ||
| Q1 25 | 0.07× | — | ||
| Q4 24 | 0.09× | — | ||
| Q3 24 | 0.10× | — | ||
| Q2 24 | 0.14× | — | ||
| Q1 24 | 0.16× | — |
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 | $68.9M | $444.4M |
| Free Cash FlowOCF − Capex | $63.0M | $440.8M |
| FCF MarginFCF / Revenue | 21.7% | 179.0% |
| Capex IntensityCapex / Revenue | 2.0% | 1.5% |
| Cash ConversionOCF / Net Profit | 2.40× | 4.55× |
| TTM Free Cash FlowTrailing 4 quarters | $239.6M | $771.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $68.9M | $444.4M | ||
| Q3 25 | $109.9M | $26.7M | ||
| Q2 25 | $73.7M | $145.0M | ||
| Q1 25 | $24.1M | $162.0M | ||
| Q4 24 | $34.2M | $331.8M | ||
| Q3 24 | $72.1M | $104.1M | ||
| Q2 24 | $36.2M | $-29.0M | ||
| Q1 24 | $10.5M | $182.0M |
| Q4 25 | $63.0M | $440.8M | ||
| Q3 25 | $97.8M | $25.9M | ||
| Q2 25 | $64.9M | $144.5M | ||
| Q1 25 | $14.0M | $160.3M | ||
| Q4 24 | $29.0M | $327.8M | ||
| Q3 24 | $60.9M | $103.2M | ||
| Q2 24 | $27.6M | $-30.1M | ||
| Q1 24 | $2.0M | $181.0M |
| Q4 25 | 21.7% | 179.0% | ||
| Q3 25 | 34.1% | 12.0% | ||
| Q2 25 | 21.9% | 65.1% | ||
| Q1 25 | 5.3% | 74.1% | ||
| Q4 24 | 11.7% | 202.5% | ||
| Q3 24 | 20.4% | 58.9% | ||
| Q2 24 | 10.6% | -14.6% | ||
| Q1 24 | 0.8% | 87.6% |
| Q4 25 | 2.0% | 1.5% | ||
| Q3 25 | 4.2% | 0.4% | ||
| Q2 25 | 3.0% | 0.2% | ||
| Q1 25 | 3.8% | 0.8% | ||
| Q4 24 | 2.1% | 2.5% | ||
| Q3 24 | 3.8% | 0.5% | ||
| Q2 24 | 3.3% | 0.5% | ||
| Q1 24 | 3.4% | 0.5% |
| Q4 25 | 2.40× | 4.55× | ||
| Q3 25 | 0.50× | 0.41× | ||
| Q2 25 | 2.83× | 2.19× | ||
| Q1 25 | 0.78× | 2.32× | ||
| Q4 24 | 1.46× | 128.41× | ||
| Q3 24 | 2.10× | 18.33× | ||
| Q2 24 | 1.24× | -0.54× | ||
| Q1 24 | 0.45× | 3.82× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESE
| US Government | $98.0M | 34% |
| Utility Solutions Group | $87.5M | 30% |
| RF Shielding And Test | $58.3M | 20% |
| Commercial | $45.8M | 16% |
| Related Party | $1.3M | 0% |
HCI
| Insurance Operation | $218.3M | 89% |
| Reciprocal Exchange Operation | $27.0M | 11% |
