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Side-by-side financial comparison of Essex Property Trust (ESS) and Klaviyo, Inc. (KVYO). Click either name above to swap in a different company.
Essex Property Trust is the larger business by last-quarter revenue ($479.6M vs $350.2M, roughly 1.4× Klaviyo, Inc.). Essex Property Trust runs the higher net margin — 17.9% vs 2.0%, a 15.9% gap on every dollar of revenue. On growth, Klaviyo, Inc. posted the faster year-over-year revenue change (29.6% vs 5.5%). Over the past eight quarters, Klaviyo, Inc.'s revenue compounded faster (29.1% CAGR vs 6.0%).
Essex Property Trust is a publicly traded real estate investment trust that invests in apartments in California and in the Seattle metropolitan area.
Klaviyo is an American technology company that provides a marketing automation platform, used primarily for email marketing and SMS marketing.
ESS vs KVYO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $479.6M | $350.2M |
| Net Profit | $85.7M | $7.0M |
| Gross Margin | 70.0% | 72.2% |
| Operating Margin | 31.7% | -0.5% |
| Net Margin | 17.9% | 2.0% |
| Revenue YoY | 5.5% | 29.6% |
| Net Profit YoY | -71.6% | 126.1% |
| EPS (diluted) | $1.24 | $0.03 |
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.
| Q4 25 | $479.6M | $350.2M | ||
| Q3 25 | $473.3M | $310.9M | ||
| Q2 25 | $469.8M | $293.1M | ||
| Q1 25 | $464.6M | $279.8M | ||
| Q4 24 | $454.5M | $270.2M | ||
| Q3 24 | $450.7M | $235.1M | ||
| Q2 24 | $442.4M | $222.2M | ||
| Q1 24 | $426.9M | $210.0M |
| Q4 25 | $85.7M | $7.0M | ||
| Q3 25 | $172.7M | $-426.0K | ||
| Q2 25 | $231.5M | $-24.3M | ||
| Q1 25 | $212.8M | $-14.1M | ||
| Q4 24 | $301.7M | $-27.0M | ||
| Q3 24 | $125.5M | $-1.3M | ||
| Q2 24 | $99.0M | $-4.9M | ||
| Q1 24 | $285.1M | $-12.9M |
| Q4 25 | 70.0% | 72.2% | ||
| Q3 25 | 69.2% | 75.5% | ||
| Q2 25 | 70.7% | 75.7% | ||
| Q1 25 | 69.6% | 75.8% | ||
| Q4 24 | 70.0% | 73.4% | ||
| Q3 24 | 69.5% | 76.9% | ||
| Q2 24 | 70.8% | 77.4% | ||
| Q1 24 | 69.7% | 78.6% |
| Q4 25 | 31.7% | -0.5% | ||
| Q3 25 | 44.5% | -3.5% | ||
| Q2 25 | 59.5% | -10.7% | ||
| Q1 25 | 55.3% | -8.5% | ||
| Q4 24 | 67.0% | -12.8% | ||
| Q3 24 | 28.6% | -5.6% | ||
| Q2 24 | 31.1% | -6.3% | ||
| Q1 24 | 31.0% | -10.5% |
| Q4 25 | 17.9% | 2.0% | ||
| Q3 25 | 36.5% | -0.1% | ||
| Q2 25 | 49.3% | -8.3% | ||
| Q1 25 | 45.8% | -5.0% | ||
| Q4 24 | 66.4% | -10.0% | ||
| Q3 24 | 27.8% | -0.6% | ||
| Q2 24 | 22.4% | -2.2% | ||
| Q1 24 | 66.8% | -6.1% |
| Q4 25 | $1.24 | $0.03 | ||
| Q3 25 | $2.56 | $0.00 | ||
| Q2 25 | $3.44 | $-0.09 | ||
| Q1 25 | $3.16 | $-0.05 | ||
| Q4 24 | $4.00 | $-0.09 | ||
| Q3 24 | $1.84 | $-0.01 | ||
| Q2 24 | $1.45 | $-0.02 | ||
| Q1 24 | $4.25 | $-0.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $76.2M | $1.1B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.5B | $1.2B |
| Total Assets | $13.2B | $1.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $76.2M | $1.1B | ||
| Q3 25 | $66.0M | $980.3M | ||
| Q2 25 | $58.7M | $935.5M | ||
| Q1 25 | $98.7M | $888.4M | ||
| Q4 24 | $66.8M | $881.5M | ||
| Q3 24 | $71.3M | $826.7M | ||
| Q2 24 | $55.2M | $793.6M | ||
| Q1 24 | $499.0M | $755.8M |
| Q4 25 | — | — | ||
| Q3 25 | $6.4B | — | ||
| Q2 25 | $6.4B | — | ||
| Q1 25 | $6.8B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $6.4B | — | ||
| Q2 24 | $6.2B | — | ||
| Q1 24 | $6.6B | — |
| Q4 25 | $5.5B | $1.2B | ||
| Q3 25 | $5.6B | $1.1B | ||
| Q2 25 | $5.6B | $1.1B | ||
| Q1 25 | $5.6B | $1.1B | ||
| Q4 24 | $5.5B | $1.0B | ||
| Q3 24 | $5.4B | $1.0B | ||
| Q2 24 | $5.5B | $979.5M | ||
| Q1 24 | $5.5B | $937.5M |
| Q4 25 | $13.2B | $1.6B | ||
| Q3 25 | $13.2B | $1.5B | ||
| Q2 25 | $13.2B | $1.4B | ||
| Q1 25 | $13.2B | $1.3B | ||
| Q4 24 | $12.9B | $1.3B | ||
| Q3 24 | $12.6B | $1.2B | ||
| Q2 24 | $12.5B | $1.1B | ||
| Q1 24 | $12.9B | $1.1B |
| Q4 25 | — | — | ||
| Q3 25 | 1.15× | — | ||
| Q2 25 | 1.14× | — | ||
| Q1 25 | 1.22× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.18× | — | ||
| Q2 24 | 1.13× | — | ||
| Q1 24 | 1.19× | — |
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 | $1.1B | $93.2M |
| Free Cash FlowOCF − Capex | — | $90.7M |
| FCF MarginFCF / Revenue | — | 25.9% |
| Capex IntensityCapex / Revenue | — | 0.7% |
| Cash ConversionOCF / Net Profit | 12.53× | 13.26× |
| TTM Free Cash FlowTrailing 4 quarters | — | $208.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1B | $93.2M | ||
| Q3 25 | $342.6M | $54.8M | ||
| Q2 25 | $216.1M | $55.7M | ||
| Q1 25 | $281.5M | $14.4M | ||
| Q4 24 | $1.1B | $60.1M | ||
| Q3 24 | $316.2M | $38.8M | ||
| Q2 24 | $218.9M | $40.9M | ||
| Q1 24 | $314.9M | $26.2M |
| Q4 25 | — | $90.7M | ||
| Q3 25 | — | $52.5M | ||
| Q2 25 | — | $53.7M | ||
| Q1 25 | — | $11.7M | ||
| Q4 24 | — | $57.7M | ||
| Q3 24 | — | $37.2M | ||
| Q2 24 | — | $40.1M | ||
| Q1 24 | — | $24.9M |
| Q4 25 | — | 25.9% | ||
| Q3 25 | — | 16.9% | ||
| Q2 25 | — | 18.3% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 15.8% | ||
| Q2 24 | — | 18.1% | ||
| Q1 24 | — | 11.9% |
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.6% |
| Q4 25 | 12.53× | 13.26× | ||
| Q3 25 | 1.98× | — | ||
| Q2 25 | 0.93× | — | ||
| Q1 25 | 1.32× | — | ||
| Q4 24 | 3.54× | — | ||
| Q3 24 | 2.52× | — | ||
| Q2 24 | 2.21× | — | ||
| Q1 24 | 1.10× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
