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Side-by-side financial comparison of Essex Property Trust (ESS) and Noble Corp plc (NE). Click either name above to swap in a different company.
Noble Corp plc is the larger business by last-quarter revenue ($764.4M vs $479.6M, roughly 1.6× Essex Property Trust). Essex Property Trust runs the higher net margin — 17.9% vs 11.3%, a 6.5% gap on every dollar of revenue. On growth, Essex Property Trust posted the faster year-over-year revenue change (5.5% vs -17.6%). Over the past eight quarters, Noble Corp plc's revenue compounded faster (9.5% 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.
Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.
ESS vs NE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $479.6M | $764.4M |
| Net Profit | $85.7M | $86.6M |
| Gross Margin | 70.0% | — |
| Operating Margin | 31.7% | 5.6% |
| Net Margin | 17.9% | 11.3% |
| Revenue YoY | 5.5% | -17.6% |
| Net Profit YoY | -71.6% | -10.4% |
| EPS (diluted) | $1.24 | $0.54 |
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 | $764.4M | ||
| Q3 25 | $473.3M | $798.0M | ||
| Q2 25 | $469.8M | $848.7M | ||
| Q1 25 | $464.6M | $874.5M | ||
| Q4 24 | $454.5M | $927.3M | ||
| Q3 24 | $450.7M | $800.5M | ||
| Q2 24 | $442.4M | $692.8M | ||
| Q1 24 | $426.9M | $637.1M |
| Q4 25 | $85.7M | $86.6M | ||
| Q3 25 | $172.7M | $-21.1M | ||
| Q2 25 | $231.5M | $42.9M | ||
| Q1 25 | $212.8M | $108.3M | ||
| Q4 24 | $301.7M | $96.6M | ||
| Q3 24 | $125.5M | $61.2M | ||
| Q2 24 | $99.0M | $195.0M | ||
| Q1 24 | $285.1M | $95.5M |
| 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% | — | ||
| Q1 24 | 69.7% | — |
| Q4 25 | 31.7% | 5.6% | ||
| Q3 25 | 44.5% | 6.3% | ||
| Q2 25 | 59.5% | 15.9% | ||
| Q1 25 | 55.3% | 21.4% | ||
| Q4 24 | 67.0% | 18.4% | ||
| Q3 24 | 28.6% | 14.4% | ||
| Q2 24 | 31.1% | 30.3% | ||
| Q1 24 | 31.0% | 16.9% |
| Q4 25 | 17.9% | 11.3% | ||
| Q3 25 | 36.5% | -2.6% | ||
| Q2 25 | 49.3% | 5.1% | ||
| Q1 25 | 45.8% | 12.4% | ||
| Q4 24 | 66.4% | 10.4% | ||
| Q3 24 | 27.8% | 7.6% | ||
| Q2 24 | 22.4% | 28.1% | ||
| Q1 24 | 66.8% | 15.0% |
| Q4 25 | $1.24 | $0.54 | ||
| Q3 25 | $2.56 | $-0.13 | ||
| Q2 25 | $3.44 | $0.27 | ||
| Q1 25 | $3.16 | $0.67 | ||
| Q4 24 | $4.00 | $0.56 | ||
| Q3 24 | $1.84 | $0.40 | ||
| Q2 24 | $1.45 | $1.34 | ||
| Q1 24 | $4.25 | $0.66 |
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 | $471.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.5B | $4.5B |
| Total Assets | $13.2B | $7.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $76.2M | $471.4M | ||
| Q3 25 | $66.0M | $477.9M | ||
| Q2 25 | $58.7M | $338.2M | ||
| Q1 25 | $98.7M | $303.8M | ||
| Q4 24 | $66.8M | $247.3M | ||
| Q3 24 | $71.3M | $391.9M | ||
| Q2 24 | $55.2M | $162.9M | ||
| Q1 24 | $499.0M | $212.5M |
| 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 | $4.5B | ||
| Q3 25 | $5.6B | $4.5B | ||
| Q2 25 | $5.6B | $4.6B | ||
| Q1 25 | $5.6B | $4.7B | ||
| Q4 24 | $5.5B | $4.7B | ||
| Q3 24 | $5.4B | $4.7B | ||
| Q2 24 | $5.5B | $4.0B | ||
| Q1 24 | $5.5B | $3.9B |
| Q4 25 | $13.2B | $7.5B | ||
| Q3 25 | $13.2B | $7.6B | ||
| Q2 25 | $13.2B | $7.7B | ||
| Q1 25 | $13.2B | $7.9B | ||
| Q4 24 | $12.9B | $8.0B | ||
| Q3 24 | $12.6B | $8.0B | ||
| Q2 24 | $12.5B | $5.6B | ||
| Q1 24 | $12.9B | $5.4B |
| 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 | $187.1M |
| Free Cash FlowOCF − Capex | — | $35.4M |
| FCF MarginFCF / Revenue | — | 4.6% |
| Capex IntensityCapex / Revenue | — | 19.9% |
| Cash ConversionOCF / Net Profit | 12.53× | 2.16× |
| TTM Free Cash FlowTrailing 4 quarters | — | $432.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1B | $187.1M | ||
| Q3 25 | $342.6M | $277.1M | ||
| Q2 25 | $216.1M | $216.4M | ||
| Q1 25 | $281.5M | $271.1M | ||
| Q4 24 | $1.1B | $136.2M | ||
| Q3 24 | $316.2M | $283.8M | ||
| Q2 24 | $218.9M | $106.8M | ||
| Q1 24 | $314.9M | $128.7M |
| Q4 25 | — | $35.4M | ||
| Q3 25 | — | $139.5M | ||
| Q2 25 | — | $99.8M | ||
| Q1 25 | — | $157.5M | ||
| Q4 24 | — | $-4.4M | ||
| Q3 24 | — | $156.8M | ||
| Q2 24 | — | $-34.3M | ||
| Q1 24 | — | $-37.9M |
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 17.5% | ||
| Q2 25 | — | 11.8% | ||
| Q1 25 | — | 18.0% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | — | 19.6% | ||
| Q2 24 | — | -4.9% | ||
| Q1 24 | — | -6.0% |
| Q4 25 | — | 19.9% | ||
| Q3 25 | — | 17.3% | ||
| Q2 25 | — | 13.7% | ||
| Q1 25 | — | 13.0% | ||
| Q4 24 | — | 15.2% | ||
| Q3 24 | — | 15.9% | ||
| Q2 24 | — | 20.4% | ||
| Q1 24 | — | 26.2% |
| Q4 25 | 12.53× | 2.16× | ||
| Q3 25 | 1.98× | — | ||
| Q2 25 | 0.93× | 5.05× | ||
| Q1 25 | 1.32× | 2.50× | ||
| Q4 24 | 3.54× | 1.41× | ||
| Q3 24 | 2.52× | 4.64× | ||
| Q2 24 | 2.21× | 0.55× | ||
| Q1 24 | 1.10× | 1.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESS
Segment breakdown not available.
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
