vs

Side-by-side financial comparison of Essex Property Trust (ESS) and MANHATTAN ASSOCIATES INC (MANH). Click either name above to swap in a different company.

Essex Property Trust is the larger business by last-quarter revenue ($479.6M vs $282.2M, roughly 1.7× MANHATTAN ASSOCIATES INC). Essex Property Trust runs the higher net margin — 17.9% vs 17.5%, a 0.4% gap on every dollar of revenue. On growth, MANHATTAN ASSOCIATES INC posted the faster year-over-year revenue change (6.0% vs 5.5%). Over the past eight quarters, Essex Property Trust's revenue compounded faster (6.0% CAGR vs 3.1%).

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

Computer Associates International, Inc., later CA, Inc., and CA Technologies, Inc., was an American multinational enterprise software developer and publisher that existed from 1976 to 2018. CA grew to rank as one of the largest independent software corporations in the world, and at one point was the second largest. The company created systems software that ran in IBM mainframe, distributed computing, virtual machine, and cloud computing environments.

ESS vs MANH — Head-to-Head

Bigger by revenue
ESS
ESS
1.7× larger
ESS
$479.6M
$282.2M
MANH
Growing faster (revenue YoY)
MANH
MANH
+0.5% gap
MANH
6.0%
5.5%
ESS
Higher net margin
ESS
ESS
0.4% more per $
ESS
17.9%
17.5%
MANH
Faster 2-yr revenue CAGR
ESS
ESS
Annualised
ESS
6.0%
3.1%
MANH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ESS
ESS
MANH
MANH
Revenue
$479.6M
$282.2M
Net Profit
$85.7M
$49.3M
Gross Margin
70.0%
Operating Margin
31.7%
23.0%
Net Margin
17.9%
17.5%
Revenue YoY
5.5%
6.0%
Net Profit YoY
-71.6%
-6.3%
EPS (diluted)
$1.24
$0.82

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
MANH
MANH
Q1 26
$282.2M
Q4 25
$479.6M
$270.4M
Q3 25
$473.3M
$275.8M
Q2 25
$469.8M
$272.4M
Q1 25
$464.6M
$262.8M
Q4 24
$454.5M
$255.8M
Q3 24
$450.7M
$266.7M
Q2 24
$442.4M
$265.3M
Net Profit
ESS
ESS
MANH
MANH
Q1 26
$49.3M
Q4 25
$85.7M
$52.0M
Q3 25
$172.7M
$58.6M
Q2 25
$231.5M
$56.8M
Q1 25
$212.8M
$52.6M
Q4 24
$301.7M
$48.0M
Q3 24
$125.5M
$63.8M
Q2 24
$99.0M
$52.8M
Gross Margin
ESS
ESS
MANH
MANH
Q1 26
Q4 25
70.0%
55.0%
Q3 25
69.2%
56.6%
Q2 25
70.7%
57.3%
Q1 25
69.6%
56.4%
Q4 24
70.0%
55.8%
Q3 24
69.5%
55.5%
Q2 24
70.8%
54.8%
Operating Margin
ESS
ESS
MANH
MANH
Q1 26
23.0%
Q4 25
31.7%
24.8%
Q3 25
44.5%
27.5%
Q2 25
59.5%
27.1%
Q1 25
55.3%
24.0%
Q4 24
67.0%
23.7%
Q3 24
28.6%
28.2%
Q2 24
31.1%
25.7%
Net Margin
ESS
ESS
MANH
MANH
Q1 26
17.5%
Q4 25
17.9%
19.2%
Q3 25
36.5%
21.3%
Q2 25
49.3%
20.8%
Q1 25
45.8%
20.0%
Q4 24
66.4%
18.8%
Q3 24
27.8%
23.9%
Q2 24
22.4%
19.9%
EPS (diluted)
ESS
ESS
MANH
MANH
Q1 26
$0.82
Q4 25
$1.24
$0.86
Q3 25
$2.56
$0.96
Q2 25
$3.44
$0.93
Q1 25
$3.16
$0.85
Q4 24
$4.00
$0.77
Q3 24
$1.84
$1.03
Q2 24
$1.45
$0.85

Balance Sheet & Financial Strength

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

Metric
ESS
ESS
MANH
MANH
Cash + ST InvestmentsLiquidity on hand
$76.2M
$226.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.5B
$205.2M
Total Assets
$13.2B
$740.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESS
ESS
MANH
MANH
Q1 26
$226.1M
Q4 25
$76.2M
$328.7M
Q3 25
$66.0M
$263.6M
Q2 25
$58.7M
$230.6M
Q1 25
$98.7M
$205.9M
Q4 24
$66.8M
$266.2M
Q3 24
$71.3M
$215.0M
Q2 24
$55.2M
$202.7M
Total Debt
ESS
ESS
MANH
MANH
Q1 26
Q4 25
Q3 25
$6.4B
Q2 25
$6.4B
Q1 25
$6.8B
Q4 24
Q3 24
$6.4B
Q2 24
$6.2B
Stockholders' Equity
ESS
ESS
MANH
MANH
Q1 26
$205.2M
Q4 25
$5.5B
$314.8M
Q3 25
$5.6B
$309.2M
Q2 25
$5.6B
$278.8M
Q1 25
$5.6B
$245.1M
Q4 24
$5.5B
$299.1M
Q3 24
$5.4B
$278.0M
Q2 24
$5.5B
$240.6M
Total Assets
ESS
ESS
MANH
MANH
Q1 26
$740.5M
Q4 25
$13.2B
$839.4M
Q3 25
$13.2B
$768.8M
Q2 25
$13.2B
$744.7M
Q1 25
$13.2B
$708.2M
Q4 24
$12.9B
$757.6M
Q3 24
$12.6B
$698.1M
Q2 24
$12.5B
$665.3M
Debt / Equity
ESS
ESS
MANH
MANH
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
MANH
MANH
Operating Cash FlowLast quarter
$1.1B
$84.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
12.53×
1.70×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESS
ESS
MANH
MANH
Q1 26
$84.0M
Q4 25
$1.1B
$147.1M
Q3 25
$342.6M
$93.1M
Q2 25
$216.1M
$74.0M
Q1 25
$281.5M
$75.3M
Q4 24
$1.1B
$104.7M
Q3 24
$316.2M
$62.3M
Q2 24
$218.9M
$73.3M
Free Cash Flow
ESS
ESS
MANH
MANH
Q1 26
Q4 25
$142.4M
Q3 25
$87.2M
Q2 25
$70.1M
Q1 25
$74.4M
Q4 24
$101.6M
Q3 24
$61.3M
Q2 24
$71.0M
FCF Margin
ESS
ESS
MANH
MANH
Q1 26
Q4 25
52.7%
Q3 25
31.6%
Q2 25
25.7%
Q1 25
28.3%
Q4 24
39.7%
Q3 24
23.0%
Q2 24
26.8%
Capex Intensity
ESS
ESS
MANH
MANH
Q1 26
0.3%
Q4 25
1.7%
Q3 25
2.1%
Q2 25
1.5%
Q1 25
0.3%
Q4 24
1.2%
Q3 24
0.4%
Q2 24
0.8%
Cash Conversion
ESS
ESS
MANH
MANH
Q1 26
1.70×
Q4 25
12.53×
2.83×
Q3 25
1.98×
1.59×
Q2 25
0.93×
1.30×
Q1 25
1.32×
1.43×
Q4 24
3.54×
2.18×
Q3 24
2.52×
0.98×
Q2 24
2.21×
1.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESS
ESS

Segment breakdown not available.

MANH
MANH

Services$125.7M45%
Cloud subscriptions$117.1M42%
Maintenance$30.6M11%
Hardware$6.5M2%
Software license$2.2M1%

Related Comparisons