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Side-by-side financial comparison of ESPEY MFG & ELECTRONICS CORP (ESP) and Vertiv Holdings Co (VRT). Click either name above to swap in a different company.

Vertiv Holdings Co is the larger business by last-quarter revenue ($2.6B vs $12.1M, roughly 218.3× ESPEY MFG & ELECTRONICS CORP). ESPEY MFG & ELECTRONICS CORP runs the higher net margin — 23.1% vs 14.7%, a 8.4% gap on every dollar of revenue. On growth, Vertiv Holdings Co posted the faster year-over-year revenue change (30.1% vs -10.8%). Vertiv Holdings Co produced more free cash flow last quarter ($652.8M vs $-4.1M). Over the past eight quarters, ESPEY MFG & ELECTRONICS CORP's revenue compounded faster (21.3% CAGR vs 16.5%).

ESPEY MFG & ELECTRONICS CORP is a US-based manufacturer specializing in high-reliability power supplies, power conversion systems and specialized electronic components. It serves aerospace, defense, industrial and transportation sectors, delivering custom solutions for harsh environments to OEMs and government contractors across North America and select global markets.

Vertiv is an American multinational provider of critical infrastructure and services for data centers, communication networks, and commercial and industrial environments.

ESP vs VRT — Head-to-Head

Bigger by revenue
VRT
VRT
218.3× larger
VRT
$2.6B
$12.1M
ESP
Growing faster (revenue YoY)
VRT
VRT
+40.9% gap
VRT
30.1%
-10.8%
ESP
Higher net margin
ESP
ESP
8.4% more per $
ESP
23.1%
14.7%
VRT
More free cash flow
VRT
VRT
$656.9M more FCF
VRT
$652.8M
$-4.1M
ESP
Faster 2-yr revenue CAGR
ESP
ESP
Annualised
ESP
21.3%
16.5%
VRT

Income Statement — Q2 2026 vs Q1 2026

Metric
ESP
ESP
VRT
VRT
Revenue
$12.1M
$2.6B
Net Profit
$2.8M
$390.1M
Gross Margin
34.7%
37.7%
Operating Margin
25.3%
Net Margin
23.1%
14.7%
Revenue YoY
-10.8%
30.1%
Net Profit YoY
47.0%
137.1%
EPS (diluted)
$0.99
$0.99

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
ESP
ESP
VRT
VRT
Q1 26
$2.6B
Q4 25
$12.1M
$2.9B
Q3 25
$9.1M
$2.7B
Q2 25
$9.6M
$2.6B
Q1 25
$10.3M
$2.0B
Q4 24
$13.6M
$2.3B
Q3 24
$10.4M
$2.1B
Q2 24
$11.6M
$2.0B
Net Profit
ESP
ESP
VRT
VRT
Q1 26
$390.1M
Q4 25
$2.8M
$445.6M
Q3 25
$2.2M
$398.5M
Q2 25
$2.9M
$324.2M
Q1 25
$1.7M
$164.5M
Q4 24
$1.9M
$147.0M
Q3 24
$1.6M
$176.6M
Q2 24
$1.9M
$178.1M
Gross Margin
ESP
ESP
VRT
VRT
Q1 26
37.7%
Q4 25
34.7%
38.9%
Q3 25
35.4%
37.8%
Q2 25
39.3%
34.0%
Q1 25
28.6%
33.7%
Q4 24
23.2%
37.1%
Q3 24
26.8%
36.5%
Q2 24
27.6%
38.0%
Operating Margin
ESP
ESP
VRT
VRT
Q1 26
Q4 25
25.3%
20.1%
Q3 25
22.7%
19.3%
Q2 25
27.4%
16.8%
Q1 25
17.0%
14.3%
Q4 24
14.9%
19.5%
Q3 24
16.5%
17.9%
Q2 24
18.4%
17.2%
Net Margin
ESP
ESP
VRT
VRT
Q1 26
14.7%
Q4 25
23.1%
15.5%
Q3 25
23.9%
14.9%
Q2 25
30.6%
12.3%
Q1 25
16.5%
8.1%
Q4 24
14.0%
6.3%
Q3 24
15.3%
8.5%
Q2 24
16.3%
9.1%
EPS (diluted)
ESP
ESP
VRT
VRT
Q1 26
$0.99
Q4 25
$0.99
$1.14
Q3 25
$0.76
$1.02
Q2 25
$1.07
$0.83
Q1 25
$0.63
$0.42
Q4 24
$0.71
$0.38
Q3 24
$0.61
$0.46
Q2 24
$0.73
$0.46

Balance Sheet & Financial Strength

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

Metric
ESP
ESP
VRT
VRT
Cash + ST InvestmentsLiquidity on hand
$17.8M
$2.5B
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$53.2M
$4.2B
Total Assets
$85.2M
$13.4B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESP
ESP
VRT
VRT
Q1 26
$2.5B
Q4 25
$17.8M
$1.7B
Q3 25
$22.2M
$1.4B
Q2 25
$18.9M
$1.6B
Q1 25
$13.9M
$1.5B
Q4 24
$8.0M
$1.2B
Q3 24
$4.8M
$908.7M
Q2 24
$4.4M
$579.7M
Total Debt
ESP
ESP
VRT
VRT
Q1 26
$0
Q4 25
$2.9B
Q3 25
$2.9B
Q2 25
$2.9B
Q1 25
$2.9B
Q4 24
$2.9B
Q3 24
$2.9B
Q2 24
$2.9B
Stockholders' Equity
ESP
ESP
VRT
VRT
Q1 26
$4.2B
Q4 25
$53.2M
$3.9B
Q3 25
$51.0M
$3.5B
Q2 25
$50.8M
$3.1B
Q1 25
$46.3M
$2.7B
Q4 24
$44.8M
$2.4B
Q3 24
$42.5M
$1.8B
Q2 24
$41.3M
$1.5B
Total Assets
ESP
ESP
VRT
VRT
Q1 26
$13.4B
Q4 25
$85.2M
$12.2B
Q3 25
$84.8M
$10.8B
Q2 25
$79.1M
$10.4B
Q1 25
$72.8M
$9.5B
Q4 24
$60.2M
$9.1B
Q3 24
$57.6M
$8.9B
Q2 24
$56.5M
$8.1B
Debt / Equity
ESP
ESP
VRT
VRT
Q1 26
0.00×
Q4 25
0.74×
Q3 25
0.83×
Q2 25
0.93×
Q1 25
1.10×
Q4 24
1.20×
Q3 24
1.62×
Q2 24
1.91×

Cash Flow & Capital Efficiency

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

Metric
ESP
ESP
VRT
VRT
Operating Cash FlowLast quarter
$-2.8M
Free Cash FlowOCF − Capex
$-4.1M
$652.8M
FCF MarginFCF / Revenue
-34.1%
24.6%
Capex IntensityCapex / Revenue
10.9%
4.2%
Cash ConversionOCF / Net Profit
-1.00×
TTM Free Cash FlowTrailing 4 quarters
$11.7M
$2.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESP
ESP
VRT
VRT
Q1 26
Q4 25
$-2.8M
$978.9M
Q3 25
$5.7M
$508.7M
Q2 25
$2.8M
$322.9M
Q1 25
$11.5M
$303.3M
Q4 24
$5.4M
$425.2M
Q3 24
$1.4M
$378.2M
Q2 24
$3.2M
$378.4M
Free Cash Flow
ESP
ESP
VRT
VRT
Q1 26
$652.8M
Q4 25
$-4.1M
$885.6M
Q3 25
$4.4M
$463.5M
Q2 25
$915.3K
$277.9M
Q1 25
$10.5M
$266.8M
Q4 24
$4.5M
$364.5M
Q3 24
$724.8K
$341.8M
Q2 24
$2.6M
$344.3M
FCF Margin
ESP
ESP
VRT
VRT
Q1 26
24.6%
Q4 25
-34.1%
30.8%
Q3 25
48.7%
17.3%
Q2 25
9.5%
10.5%
Q1 25
101.8%
13.1%
Q4 24
33.0%
15.5%
Q3 24
6.9%
16.5%
Q2 24
22.2%
17.6%
Capex Intensity
ESP
ESP
VRT
VRT
Q1 26
4.2%
Q4 25
10.9%
3.2%
Q3 25
14.2%
1.7%
Q2 25
19.3%
1.7%
Q1 25
9.3%
1.8%
Q4 24
6.5%
2.6%
Q3 24
6.4%
1.8%
Q2 24
5.7%
1.7%
Cash Conversion
ESP
ESP
VRT
VRT
Q1 26
Q4 25
-1.00×
2.20×
Q3 25
2.64×
1.28×
Q2 25
0.95×
1.00×
Q1 25
6.72×
1.84×
Q4 24
2.82×
2.89×
Q3 24
0.87×
2.14×
Q2 24
1.71×
2.12×

Financial Flow Comparison

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

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