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Side-by-side financial comparison of Empire State Realty Trust, Inc. (ESRT) 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 $190.3M, roughly 1.4× Empire State Realty Trust, Inc.). Empire State Realty Trust, Inc. runs the higher net margin — 1.6% vs -14.6%, a 16.1% gap on every dollar of revenue. On growth, Legend Biotech Corp posted the faster year-over-year revenue change (70.0% vs 5.7%). Over the past eight quarters, Legend Biotech Corp's revenue compounded faster (92.7% CAGR vs 0.2%).

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.

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 ...

ESRT vs LEGN — Head-to-Head

Bigger by revenue
LEGN
LEGN
1.4× larger
LEGN
$272.3M
$190.3M
ESRT
Growing faster (revenue YoY)
LEGN
LEGN
+64.3% gap
LEGN
70.0%
5.7%
ESRT
Higher net margin
ESRT
ESRT
16.1% more per $
ESRT
1.6%
-14.6%
LEGN
Faster 2-yr revenue CAGR
LEGN
LEGN
Annualised
LEGN
92.7%
0.2%
ESRT

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
ESRT
ESRT
LEGN
LEGN
Revenue
$190.3M
$272.3M
Net Profit
$3.0M
$-39.7M
Gross Margin
58.4%
Operating Margin
15.5%
-16.0%
Net Margin
1.6%
-14.6%
Revenue YoY
5.7%
70.0%
Net Profit YoY
-73.7%
68.3%
EPS (diluted)
$0.20
$-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
ESRT
ESRT
LEGN
LEGN
Q1 26
$190.3M
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
Net Profit
ESRT
ESRT
LEGN
LEGN
Q1 26
$3.0M
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
Gross Margin
ESRT
ESRT
LEGN
LEGN
Q1 26
Q4 25
Q3 25
58.4%
Q2 25
62.8%
Q1 25
64.4%
Q4 24
Q3 24
67.2%
Q2 24
75.7%
Operating Margin
ESRT
ESRT
LEGN
LEGN
Q1 26
15.5%
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%
Net Margin
ESRT
ESRT
LEGN
LEGN
Q1 26
1.6%
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%
EPS (diluted)
ESRT
ESRT
LEGN
LEGN
Q1 26
$0.20
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

Balance Sheet & Financial Strength

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

Metric
ESRT
ESRT
LEGN
LEGN
Cash + ST InvestmentsLiquidity on hand
$68.8M
$278.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.8B
$1.0B
Total Assets
$4.4B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESRT
ESRT
LEGN
LEGN
Q1 26
$68.8M
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
Stockholders' Equity
ESRT
ESRT
LEGN
LEGN
Q1 26
$1.8B
Q4 25
$1.1B
Q3 25
$1.0B
$1.0B
Q2 25
$1.0B
$1.0B
Q1 25
$1.0B
$1.0B
Q4 24
$1.0B
Q3 24
$1.0B
$1.1B
Q2 24
$1.0B
$1.2B
Total Assets
ESRT
ESRT
LEGN
LEGN
Q1 26
$4.4B
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

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
LEGN
LEGN
Operating Cash FlowLast quarter
$28.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
10.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESRT
ESRT
LEGN
LEGN
Q1 26
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
Free Cash Flow
ESRT
ESRT
LEGN
LEGN
Q1 26
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
FCF Margin
ESRT
ESRT
LEGN
LEGN
Q1 26
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%
Capex Intensity
ESRT
ESRT
LEGN
LEGN
Q1 26
10.0%
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%
Cash Conversion
ESRT
ESRT
LEGN
LEGN
Q1 26
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×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESRT
ESRT

Rental revenue (1)$166.1M87%
Observatory revenue$18.5M10%
Other revenue and fees$4.1M2%
Lease termination fees$1.4M1%
Third-party management and other fees$277.0K0%

LEGN
LEGN

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

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