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Side-by-side financial comparison of Essent Group Ltd. (ESNT) and Federal Realty Investment Trust (FRT). Click either name above to swap in a different company.
Federal Realty Investment Trust is the larger business by last-quarter revenue ($336.0M vs $312.4M, roughly 1.1× Essent Group Ltd.). Essent Group Ltd. runs the higher net margin — 49.6% vs 38.6%, a 11.0% gap on every dollar of revenue. On growth, Federal Realty Investment Trust posted the faster year-over-year revenue change (8.7% vs -0.8%). Over the past eight quarters, Federal Realty Investment Trust's revenue compounded faster (6.5% CAGR vs 2.3%).
Essentra PLC is a supplier of plastic and fibre products. The company operates internationally from headquarters in Kidlington, Oxfordshire. It is listed on the London Stock Exchange.
Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.
ESNT vs FRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $312.4M | $336.0M |
| Net Profit | $155.0M | $129.7M |
| Gross Margin | — | — |
| Operating Margin | 59.1% | 53.8% |
| Net Margin | 49.6% | 38.6% |
| Revenue YoY | -0.8% | 8.7% |
| Net Profit YoY | -7.7% | 103.5% |
| EPS (diluted) | $1.61 | $1.49 |
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 | — | $336.0M | ||
| Q4 25 | $312.4M | $336.0M | ||
| Q3 25 | $311.8M | $322.3M | ||
| Q2 25 | $319.1M | $311.5M | ||
| Q1 25 | $317.6M | $309.2M | ||
| Q4 24 | $315.0M | $311.4M | ||
| Q3 24 | $316.6M | $303.6M | ||
| Q2 24 | $312.9M | $296.1M |
| Q1 26 | — | $129.7M | ||
| Q4 25 | $155.0M | $129.7M | ||
| Q3 25 | $164.2M | $61.6M | ||
| Q2 25 | $195.3M | $155.9M | ||
| Q1 25 | $175.4M | $63.8M | ||
| Q4 24 | $167.9M | $65.5M | ||
| Q3 24 | $176.2M | $61.0M | ||
| Q2 24 | $203.6M | $112.0M |
| Q1 26 | — | 53.8% | ||
| Q4 25 | 59.1% | 53.8% | ||
| Q3 25 | 63.9% | 34.3% | ||
| Q2 25 | 72.4% | 65.1% | ||
| Q1 25 | 65.2% | 35.0% | ||
| Q4 24 | 61.9% | 35.1% | ||
| Q3 24 | 65.6% | 34.9% | ||
| Q2 24 | 76.4% | 53.0% |
| Q1 26 | — | 38.6% | ||
| Q4 25 | 49.6% | 38.6% | ||
| Q3 25 | 52.7% | 19.1% | ||
| Q2 25 | 61.2% | 50.0% | ||
| Q1 25 | 55.2% | 20.6% | ||
| Q4 24 | 53.3% | 21.0% | ||
| Q3 24 | 55.6% | 20.1% | ||
| Q2 24 | 65.1% | 37.8% |
| Q1 26 | — | $1.49 | ||
| Q4 25 | $1.61 | $1.49 | ||
| Q3 25 | $1.67 | $0.69 | ||
| Q2 25 | $1.93 | $1.78 | ||
| Q1 25 | $1.69 | $0.72 | ||
| Q4 24 | $1.59 | $0.74 | ||
| Q3 24 | $1.65 | $0.70 | ||
| Q2 24 | $1.91 | $1.32 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $107.4M |
| Total DebtLower is stronger | — | $5.0B |
| Stockholders' EquityBook value | $5.8B | $3.2B |
| Total Assets | $7.4B | $9.1B |
| Debt / EquityLower = less leverage | — | 1.53× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $107.4M | ||
| Q4 25 | — | $107.4M | ||
| Q3 25 | — | $111.3M | ||
| Q2 25 | — | $177.0M | ||
| Q1 25 | — | $109.2M | ||
| Q4 24 | — | $123.4M | ||
| Q3 24 | — | $97.0M | ||
| Q2 24 | — | $103.2M |
| Q1 26 | — | $5.0B | ||
| Q4 25 | — | $5.0B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $3.2B | ||
| Q4 25 | $5.8B | $3.2B | ||
| Q3 25 | $5.7B | $3.2B | ||
| Q2 25 | $5.7B | $3.2B | ||
| Q1 25 | $5.7B | $3.2B | ||
| Q4 24 | $5.6B | $3.2B | ||
| Q3 24 | $5.6B | $3.1B | ||
| Q2 24 | $5.4B | $3.0B |
| Q1 26 | — | $9.1B | ||
| Q4 25 | $7.4B | $9.1B | ||
| Q3 25 | $7.4B | $8.9B | ||
| Q2 25 | $7.2B | $8.6B | ||
| Q1 25 | $7.2B | $8.6B | ||
| Q4 24 | $7.1B | $8.5B | ||
| Q3 24 | $7.1B | $8.5B | ||
| Q2 24 | $6.7B | $8.4B |
| Q1 26 | — | 1.53× | ||
| Q4 25 | — | 1.53× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.42× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $856.1M | — |
| Free Cash FlowOCF − Capex | $848.7M | — |
| FCF MarginFCF / Revenue | 271.7% | — |
| Capex IntensityCapex / Revenue | 2.4% | — |
| Cash ConversionOCF / Net Profit | 5.52× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $856.1M | $622.4M | ||
| Q3 25 | $215.9M | $147.8M | ||
| Q2 25 | $189.5M | $150.7M | ||
| Q1 25 | $221.6M | $179.0M | ||
| Q4 24 | $861.5M | $574.6M | ||
| Q3 24 | $229.2M | $144.1M | ||
| Q2 24 | $188.7M | $169.7M |
| Q1 26 | — | — | ||
| Q4 25 | $848.7M | — | ||
| Q3 25 | $210.6M | — | ||
| Q2 25 | $188.8M | — | ||
| Q1 25 | $221.3M | — | ||
| Q4 24 | $854.8M | — | ||
| Q3 24 | $228.7M | — | ||
| Q2 24 | $187.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | 271.7% | — | ||
| Q3 25 | 67.5% | — | ||
| Q2 25 | 59.2% | — | ||
| Q1 25 | 69.7% | — | ||
| Q4 24 | 271.3% | — | ||
| Q3 24 | 72.2% | — | ||
| Q2 24 | 60.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | — | ||
| Q3 25 | 1.7% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | 5.52× | 4.80× | ||
| Q3 25 | 1.31× | 2.40× | ||
| Q2 25 | 0.97× | 0.97× | ||
| Q1 25 | 1.26× | 2.81× | ||
| Q4 24 | 5.13× | 8.77× | ||
| Q3 24 | 1.30× | 2.36× | ||
| Q2 24 | 0.93× | 1.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESNT
| Mortgage Insurance Segment | $192.4M | 62% |
| Other | $120.0M | 38% |
FRT
Segment breakdown not available.