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Side-by-side financial comparison of Empire State Realty Trust, Inc. (ESRT) and KFORCE INC (KFRC). Click either name above to swap in a different company.

KFORCE INC is the larger business by last-quarter revenue ($330.4M vs $199.2M, roughly 1.7× Empire State Realty Trust, Inc.). Empire State Realty Trust, Inc. runs the higher net margin — 16.1% vs 2.4%, a 13.7% gap on every dollar of revenue. On growth, Empire State Realty Trust, Inc. posted the faster year-over-year revenue change (0.8% vs 0.1%). Empire State Realty Trust, Inc. produced more free cash flow last quarter ($50.6M vs $-7.4M). Over the past eight quarters, Empire State Realty Trust, Inc.'s revenue compounded faster (4.9% CAGR vs -3.7%).

Empire State Realty Trust is a leading real estate investment trust that owns, manages, and operates a portfolio of premium commercial, residential, and retail properties primarily in the New York City metropolitan area, including the iconic Empire State Building. It serves corporate tenants, retail partners, and residential occupants, focusing on sustainable property operations and long-term asset value growth.

Kforce Inc. is a professional staffing and solutions firm headquartered in the United States. It provides skilled professional placements and specialized workforce solutions primarily across technology, finance & accounting, and healthcare segments, serving a wide range of mid-sized to large enterprise clients nationwide.

ESRT vs KFRC — Head-to-Head

Bigger by revenue
KFRC
KFRC
1.7× larger
KFRC
$330.4M
$199.2M
ESRT
Growing faster (revenue YoY)
ESRT
ESRT
+0.7% gap
ESRT
0.8%
0.1%
KFRC
Higher net margin
ESRT
ESRT
13.7% more per $
ESRT
16.1%
2.4%
KFRC
More free cash flow
ESRT
ESRT
$58.0M more FCF
ESRT
$50.6M
$-7.4M
KFRC
Faster 2-yr revenue CAGR
ESRT
ESRT
Annualised
ESRT
4.9%
-3.7%
KFRC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ESRT
ESRT
KFRC
KFRC
Revenue
$199.2M
$330.4M
Net Profit
$32.2M
$7.9M
Gross Margin
27.3%
Operating Margin
17.8%
3.6%
Net Margin
16.1%
2.4%
Revenue YoY
0.8%
0.1%
Net Profit YoY
71.2%
-2.7%
EPS (diluted)
$0.11
$0.46

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
ESRT
ESRT
KFRC
KFRC
Q1 26
$330.4M
Q4 25
$199.2M
$332.0M
Q3 25
$197.7M
$332.6M
Q2 25
$191.3M
$334.3M
Q1 25
$180.1M
$330.0M
Q4 24
$197.6M
$343.8M
Q3 24
$199.6M
$353.3M
Q2 24
$189.5M
$356.3M
Net Profit
ESRT
ESRT
KFRC
KFRC
Q1 26
$7.9M
Q4 25
$32.2M
$5.2M
Q3 25
$13.6M
$11.1M
Q2 25
$11.4M
$10.4M
Q1 25
$15.8M
$8.1M
Q4 24
$18.8M
$11.1M
Q3 24
$22.8M
$14.2M
Q2 24
$28.6M
$14.2M
Gross Margin
ESRT
ESRT
KFRC
KFRC
Q1 26
27.3%
Q4 25
27.2%
Q3 25
27.7%
Q2 25
27.1%
Q1 25
26.7%
Q4 24
27.0%
Q3 24
27.9%
Q2 24
27.8%
Operating Margin
ESRT
ESRT
KFRC
KFRC
Q1 26
3.6%
Q4 25
17.8%
2.6%
Q3 25
19.9%
4.5%
Q2 25
18.4%
4.5%
Q1 25
14.3%
3.5%
Q4 24
21.7%
4.5%
Q3 24
22.7%
5.3%
Q2 24
20.8%
5.5%
Net Margin
ESRT
ESRT
KFRC
KFRC
Q1 26
2.4%
Q4 25
16.1%
1.6%
Q3 25
6.9%
3.3%
Q2 25
6.0%
3.1%
Q1 25
8.8%
2.5%
Q4 24
9.5%
3.2%
Q3 24
11.4%
4.0%
Q2 24
15.1%
4.0%
EPS (diluted)
ESRT
ESRT
KFRC
KFRC
Q1 26
$0.46
Q4 25
$0.11
$0.29
Q3 25
$0.05
$0.63
Q2 25
$0.04
$0.59
Q1 25
$0.05
$0.45
Q4 24
$0.07
$0.60
Q3 24
$0.08
$0.75
Q2 24
$0.10
$0.75

Balance Sheet & Financial Strength

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

Metric
ESRT
ESRT
KFRC
KFRC
Cash + ST InvestmentsLiquidity on hand
$132.7M
$1.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$117.4M
Total Assets
$4.5B
$384.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESRT
ESRT
KFRC
KFRC
Q1 26
$1.3M
Q4 25
$132.7M
$2.1M
Q3 25
$154.1M
$1.3M
Q2 25
$94.6M
$2.5M
Q1 25
$187.8M
$444.0K
Q4 24
$385.5M
$349.0K
Q3 24
$421.9M
$127.0K
Q2 24
$535.5M
$110.0K
Stockholders' Equity
ESRT
ESRT
KFRC
KFRC
Q1 26
$117.4M
Q4 25
$1.1B
$124.6M
Q3 25
$1.0B
$132.1M
Q2 25
$1.0B
$134.4M
Q1 25
$1.0B
$138.0M
Q4 24
$1.0B
$154.6M
Q3 24
$1.0B
$167.4M
Q2 24
$1.0B
$166.6M
Total Assets
ESRT
ESRT
KFRC
KFRC
Q1 26
$384.8M
Q4 25
$4.5B
$365.6M
Q3 25
$4.1B
$374.2M
Q2 25
$4.1B
$373.6M
Q1 25
$4.1B
$368.2M
Q4 24
$4.5B
$357.8M
Q3 24
$4.4B
$369.9M
Q2 24
$4.4B
$362.7M

Cash Flow & Capital Efficiency

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

Metric
ESRT
ESRT
KFRC
KFRC
Operating Cash FlowLast quarter
$249.1M
Free Cash FlowOCF − Capex
$50.6M
$-7.4M
FCF MarginFCF / Revenue
25.4%
-2.2%
Capex IntensityCapex / Revenue
99.6%
1.0%
Cash ConversionOCF / Net Profit
7.74×
TTM Free Cash FlowTrailing 4 quarters
$109.3M
$43.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESRT
ESRT
KFRC
KFRC
Q1 26
Q4 25
$249.1M
$19.7M
Q3 25
$105.3M
$23.3M
Q2 25
$26.7M
$18.4M
Q1 25
$83.1M
$249.0K
Q4 24
$260.9M
$21.8M
Q3 24
$102.8M
$31.0M
Q2 24
$37.1M
$20.9M
Free Cash Flow
ESRT
ESRT
KFRC
KFRC
Q1 26
$-7.4M
Q4 25
$50.6M
$16.7M
Q3 25
$72.8M
$19.8M
Q2 25
$-55.1M
$14.2M
Q1 25
$41.1M
$-3.9M
Q4 24
$88.0M
$20.9M
Q3 24
$-65.1M
$27.5M
Q2 24
$19.5M
$17.8M
FCF Margin
ESRT
ESRT
KFRC
KFRC
Q1 26
-2.2%
Q4 25
25.4%
5.0%
Q3 25
36.8%
6.0%
Q2 25
-28.8%
4.3%
Q1 25
22.8%
-1.2%
Q4 24
44.5%
6.1%
Q3 24
-32.6%
7.8%
Q2 24
10.3%
5.0%
Capex Intensity
ESRT
ESRT
KFRC
KFRC
Q1 26
1.0%
Q4 25
99.6%
0.9%
Q3 25
16.5%
1.1%
Q2 25
42.8%
1.2%
Q1 25
23.4%
1.3%
Q4 24
87.5%
0.3%
Q3 24
84.1%
1.0%
Q2 24
9.3%
0.9%
Cash Conversion
ESRT
ESRT
KFRC
KFRC
Q1 26
Q4 25
7.74×
3.82×
Q3 25
7.72×
2.11×
Q2 25
2.35×
1.76×
Q1 25
5.27×
0.03×
Q4 24
13.88×
1.97×
Q3 24
4.51×
2.18×
Q2 24
1.30×
1.48×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESRT
ESRT

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

KFRC
KFRC

Segment breakdown not available.

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