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Side-by-side financial comparison of Essex Property Trust (ESS) and JACK IN THE BOX INC (JACK). Click either name above to swap in a different company.

Essex Property Trust is the larger business by last-quarter revenue ($479.6M vs $349.5M, roughly 1.4× JACK IN THE BOX INC). Essex Property Trust runs the higher net margin — 17.9% vs -0.7%, a 18.6% gap on every dollar of revenue. On growth, Essex Property Trust posted the faster year-over-year revenue change (5.5% vs -25.5%). Over the past eight quarters, Essex Property Trust's revenue compounded faster (6.0% CAGR vs -18.6%).

Essex Property Trust is a publicly traded real estate investment trust that invests in apartments in California and in the Seattle metropolitan area.

Jack in the Box, Inc. is an American fast food restaurant chain founded on February 21, 1951, by Robert O. Peterson in San Diego, California, where it is headquartered. The chain has over 2,200 locations, primarily serving the West Coast of the United States. Restaurants are also found in large urban areas outside the West Coast, as well as two in Guam. The company also formerly operated the Qdoba Mexican Grill chain until Apollo Global Management bought the chain in December 2017.

ESS vs JACK — Head-to-Head

Bigger by revenue
ESS
ESS
1.4× larger
ESS
$479.6M
$349.5M
JACK
Growing faster (revenue YoY)
ESS
ESS
+31.1% gap
ESS
5.5%
-25.5%
JACK
Higher net margin
ESS
ESS
18.6% more per $
ESS
17.9%
-0.7%
JACK
Faster 2-yr revenue CAGR
ESS
ESS
Annualised
ESS
6.0%
-18.6%
JACK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ESS
ESS
JACK
JACK
Revenue
$479.6M
$349.5M
Net Profit
$85.7M
$-2.5M
Gross Margin
70.0%
Operating Margin
31.7%
13.3%
Net Margin
17.9%
-0.7%
Revenue YoY
5.5%
-25.5%
Net Profit YoY
-71.6%
-107.3%
EPS (diluted)
$1.24
$-0.13

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
ESS
ESS
JACK
JACK
Q1 26
$349.5M
Q4 25
$479.6M
Q3 25
$473.3M
Q2 25
$469.8M
$336.7M
Q1 25
$464.6M
$371.1M
Q4 24
$454.5M
Q3 24
$450.7M
Q2 24
$442.4M
$365.3M
Net Profit
ESS
ESS
JACK
JACK
Q1 26
$-2.5M
Q4 25
$85.7M
Q3 25
$172.7M
Q2 25
$231.5M
$-142.2M
Q1 25
$212.8M
$33.7M
Q4 24
$301.7M
Q3 24
$125.5M
Q2 24
$99.0M
$25.0M
Gross Margin
ESS
ESS
JACK
JACK
Q1 26
Q4 25
70.0%
Q3 25
69.2%
Q2 25
70.7%
Q1 25
69.6%
Q4 24
70.0%
Q3 24
69.5%
Q2 24
70.8%
Operating Margin
ESS
ESS
JACK
JACK
Q1 26
13.3%
Q4 25
31.7%
Q3 25
44.5%
Q2 25
59.5%
-46.7%
Q1 25
55.3%
19.0%
Q4 24
67.0%
Q3 24
28.6%
Q2 24
31.1%
14.8%
Net Margin
ESS
ESS
JACK
JACK
Q1 26
-0.7%
Q4 25
17.9%
Q3 25
36.5%
Q2 25
49.3%
-42.2%
Q1 25
45.8%
9.1%
Q4 24
66.4%
Q3 24
27.8%
Q2 24
22.4%
6.8%
EPS (diluted)
ESS
ESS
JACK
JACK
Q1 26
$-0.13
Q4 25
$1.24
Q3 25
$2.56
Q2 25
$3.44
$-7.47
Q1 25
$3.16
$1.75
Q4 24
$4.00
Q3 24
$1.84
Q2 24
$1.45
$1.26

Balance Sheet & Financial Strength

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

Metric
ESS
ESS
JACK
JACK
Cash + ST InvestmentsLiquidity on hand
$76.2M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$5.5B
$-936.0M
Total Assets
$13.2B
$2.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESS
ESS
JACK
JACK
Q1 26
Q4 25
$76.2M
Q3 25
$66.0M
Q2 25
$58.7M
Q1 25
$98.7M
Q4 24
$66.8M
Q3 24
$71.3M
Q2 24
$55.2M
Total Debt
ESS
ESS
JACK
JACK
Q1 26
$1.6B
Q4 25
Q3 25
$6.4B
Q2 25
$6.4B
$1.7B
Q1 25
$6.8B
$1.7B
Q4 24
Q3 24
$6.4B
Q2 24
$6.2B
$1.7B
Stockholders' Equity
ESS
ESS
JACK
JACK
Q1 26
$-936.0M
Q4 25
$5.5B
Q3 25
$5.6B
Q2 25
$5.6B
$-976.2M
Q1 25
$5.6B
$-827.1M
Q4 24
$5.5B
Q3 24
$5.4B
Q2 24
$5.5B
$-702.6M
Total Assets
ESS
ESS
JACK
JACK
Q1 26
$2.0B
Q4 25
$13.2B
Q3 25
$13.2B
Q2 25
$13.2B
$2.6B
Q1 25
$13.2B
$2.8B
Q4 24
$12.9B
Q3 24
$12.6B
Q2 24
$12.5B
$2.9B
Debt / Equity
ESS
ESS
JACK
JACK
Q1 26
Q4 25
Q3 25
1.15×
Q2 25
1.14×
Q1 25
1.22×
Q4 24
Q3 24
1.18×
Q2 24
1.13×

Cash Flow & Capital Efficiency

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

Metric
ESS
ESS
JACK
JACK
Operating Cash FlowLast quarter
$1.1B
$30.5M
Free Cash FlowOCF − Capex
$7.3M
FCF MarginFCF / Revenue
2.1%
Capex IntensityCapex / Revenue
6.6%
Cash ConversionOCF / Net Profit
12.53×
TTM Free Cash FlowTrailing 4 quarters
$34.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESS
ESS
JACK
JACK
Q1 26
$30.5M
Q4 25
$1.1B
Q3 25
$342.6M
Q2 25
$216.1M
$-36.8M
Q1 25
$281.5M
$105.7M
Q4 24
$1.1B
Q3 24
$316.2M
Q2 24
$218.9M
$16.7M
Free Cash Flow
ESS
ESS
JACK
JACK
Q1 26
$7.3M
Q4 25
Q3 25
Q2 25
$-63.2M
Q1 25
$84.4M
Q4 24
Q3 24
Q2 24
$6.4M
FCF Margin
ESS
ESS
JACK
JACK
Q1 26
2.1%
Q4 25
Q3 25
Q2 25
-18.8%
Q1 25
22.7%
Q4 24
Q3 24
Q2 24
1.8%
Capex Intensity
ESS
ESS
JACK
JACK
Q1 26
6.6%
Q4 25
Q3 25
Q2 25
7.9%
Q1 25
5.7%
Q4 24
Q3 24
Q2 24
2.8%
Cash Conversion
ESS
ESS
JACK
JACK
Q1 26
Q4 25
12.53×
Q3 25
1.98×
Q2 25
0.93×
Q1 25
1.32×
3.14×
Q4 24
3.54×
Q3 24
2.52×
Q2 24
2.21×
0.67×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESS
ESS

Segment breakdown not available.

JACK
JACK

Restaurant Sales$131.9M38%
Franchise$97.4M28%
Royaltyand Other$58.9M17%
Advertising$56.6M16%
Technology Service$4.7M1%
Franchise Fees$1.7M0%

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