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

Essex Property Trust is the larger business by last-quarter revenue ($479.6M vs $472.6M, roughly 1.0× OPPENHEIMER HOLDINGS INC). Essex Property Trust runs the higher net margin — 17.9% vs 15.7%, a 2.1% gap on every dollar of revenue. On growth, OPPENHEIMER HOLDINGS INC posted the faster year-over-year revenue change (25.9% vs 5.5%). Over the past eight quarters, OPPENHEIMER HOLDINGS INC's revenue compounded faster (15.7% 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.

Oppenheimer Holdings Inc. is an American multinational independent investment bank and financial services company offering investment banking, financial advisory services, capital markets services, asset management, wealth management, and related products and services worldwide. The company, which once occupied the One World Financial Center building in Manhattan, now bases its operations at 85 Broad Street in New York City.

ESS vs OPY — Head-to-Head

Bigger by revenue
ESS
ESS
1.0× larger
ESS
$479.6M
$472.6M
OPY
Growing faster (revenue YoY)
OPY
OPY
+20.4% gap
OPY
25.9%
5.5%
ESS
Higher net margin
ESS
ESS
2.1% more per $
ESS
17.9%
15.7%
OPY
Faster 2-yr revenue CAGR
OPY
OPY
Annualised
OPY
15.7%
6.0%
ESS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ESS
ESS
OPY
OPY
Revenue
$479.6M
$472.6M
Net Profit
$85.7M
$74.4M
Gross Margin
70.0%
Operating Margin
31.7%
22.4%
Net Margin
17.9%
15.7%
Revenue YoY
5.5%
25.9%
Net Profit YoY
-71.6%
593.1%
EPS (diluted)
$1.24
$6.51

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
OPY
OPY
Q4 25
$479.6M
$472.6M
Q3 25
$473.3M
$424.4M
Q2 25
$469.8M
$373.2M
Q1 25
$464.6M
$367.8M
Q4 24
$454.5M
$375.4M
Q3 24
$450.7M
$373.4M
Q2 24
$442.4M
$330.6M
Q1 24
$426.9M
$353.1M
Net Profit
ESS
ESS
OPY
OPY
Q4 25
$85.7M
$74.4M
Q3 25
$172.7M
$21.7M
Q2 25
$231.5M
$21.7M
Q1 25
$212.8M
$30.7M
Q4 24
$301.7M
$10.7M
Q3 24
$125.5M
$24.5M
Q2 24
$99.0M
$10.3M
Q1 24
$285.1M
$26.1M
Gross Margin
ESS
ESS
OPY
OPY
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%
Operating Margin
ESS
ESS
OPY
OPY
Q4 25
31.7%
22.4%
Q3 25
44.5%
7.5%
Q2 25
59.5%
8.6%
Q1 25
55.3%
11.2%
Q4 24
67.0%
4.5%
Q3 24
28.6%
9.5%
Q2 24
31.1%
4.8%
Q1 24
31.0%
10.6%
Net Margin
ESS
ESS
OPY
OPY
Q4 25
17.9%
15.7%
Q3 25
36.5%
5.1%
Q2 25
49.3%
5.8%
Q1 25
45.8%
8.3%
Q4 24
66.4%
2.9%
Q3 24
27.8%
6.6%
Q2 24
22.4%
3.1%
Q1 24
66.8%
7.4%
EPS (diluted)
ESS
ESS
OPY
OPY
Q4 25
$1.24
$6.51
Q3 25
$2.56
$1.90
Q2 25
$3.44
$1.91
Q1 25
$3.16
$2.72
Q4 24
$4.00
$0.92
Q3 24
$1.84
$2.16
Q2 24
$1.45
$0.92
Q1 24
$4.25
$2.37

Balance Sheet & Financial Strength

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

Metric
ESS
ESS
OPY
OPY
Cash + ST InvestmentsLiquidity on hand
$76.2M
$38.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.5B
$983.8M
Total Assets
$13.2B
$3.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESS
ESS
OPY
OPY
Q4 25
$76.2M
$38.4M
Q3 25
$66.0M
$38.3M
Q2 25
$58.7M
$37.6M
Q1 25
$98.7M
$36.7M
Q4 24
$66.8M
$33.1M
Q3 24
$71.3M
$32.2M
Q2 24
$55.2M
$33.2M
Q1 24
$499.0M
$27.7M
Total Debt
ESS
ESS
OPY
OPY
Q4 25
Q3 25
$6.4B
Q2 25
$6.4B
Q1 25
$6.8B
Q4 24
$0
Q3 24
$6.4B
$112.8M
Q2 24
$6.2B
$112.8M
Q1 24
$6.6B
$112.7M
Stockholders' Equity
ESS
ESS
OPY
OPY
Q4 25
$5.5B
$983.8M
Q3 25
$5.6B
$920.3M
Q2 25
$5.6B
$896.9M
Q1 25
$5.6B
$872.3M
Q4 24
$5.5B
$850.4M
Q3 24
$5.4B
$837.8M
Q2 24
$5.5B
$812.1M
Q1 24
$5.5B
$801.5M
Total Assets
ESS
ESS
OPY
OPY
Q4 25
$13.2B
$3.7B
Q3 25
$13.2B
$3.8B
Q2 25
$13.2B
$3.7B
Q1 25
$13.2B
$3.6B
Q4 24
$12.9B
$3.4B
Q3 24
$12.6B
$3.4B
Q2 24
$12.5B
$3.3B
Q1 24
$12.9B
$3.3B
Debt / Equity
ESS
ESS
OPY
OPY
Q4 25
Q3 25
1.15×
Q2 25
1.14×
Q1 25
1.22×
Q4 24
0.00×
Q3 24
1.18×
0.13×
Q2 24
1.13×
0.14×
Q1 24
1.19×
0.14×

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
OPY
OPY
Operating Cash FlowLast quarter
$1.1B
$188.8M
Free Cash FlowOCF − Capex
$183.6M
FCF MarginFCF / Revenue
38.8%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
12.53×
2.54×
TTM Free Cash FlowTrailing 4 quarters
$191.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESS
ESS
OPY
OPY
Q4 25
$1.1B
$188.8M
Q3 25
$342.6M
$63.4M
Q2 25
$216.1M
$40.1M
Q1 25
$281.5M
$-91.7M
Q4 24
$1.1B
$-108.2M
Q3 24
$316.2M
$11.4M
Q2 24
$218.9M
$-115.3M
Q1 24
$314.9M
$-79.0M
Free Cash Flow
ESS
ESS
OPY
OPY
Q4 25
$183.6M
Q3 25
$62.2M
Q2 25
$38.9M
Q1 25
$-93.4M
Q4 24
$-113.3M
Q3 24
$11.2M
Q2 24
$-116.7M
Q1 24
$-79.3M
FCF Margin
ESS
ESS
OPY
OPY
Q4 25
38.8%
Q3 25
14.7%
Q2 25
10.4%
Q1 25
-25.4%
Q4 24
-30.2%
Q3 24
3.0%
Q2 24
-35.3%
Q1 24
-22.5%
Capex Intensity
ESS
ESS
OPY
OPY
Q4 25
1.1%
Q3 25
0.3%
Q2 25
0.3%
Q1 25
0.5%
Q4 24
1.4%
Q3 24
0.1%
Q2 24
0.4%
Q1 24
0.1%
Cash Conversion
ESS
ESS
OPY
OPY
Q4 25
12.53×
2.54×
Q3 25
1.98×
2.92×
Q2 25
0.93×
1.85×
Q1 25
1.32×
-2.99×
Q4 24
3.54×
-10.08×
Q3 24
2.52×
0.47×
Q2 24
2.21×
-11.23×
Q1 24
1.10×
-3.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESS
ESS

Segment breakdown not available.

OPY
OPY

Advisory Fees$166.6M35%
Capital Markets Segment$155.5M33%
Other$57.2M12%
Commissions From Sales And Trading$52.9M11%
Bank Deposit Sweep Income$27.7M6%
Mutual Fund Income$8.9M2%
Investment Banking Capital Markets$3.3M1%

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