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Side-by-side financial comparison of Essex Property Trust (ESS) and Qfin Holdings, Inc. (QFIN). Click either name above to swap in a different company.

Qfin Holdings, Inc. is the larger business by last-quarter revenue ($731.2M vs $479.6M, roughly 1.5× Essex Property Trust). Qfin Holdings, Inc. runs the higher net margin — 27.5% vs 17.9%, a 9.6% gap on every dollar of revenue. Over the past eight quarters, Qfin Holdings, Inc.'s revenue compounded faster (16.4% 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.

Qfin Holdings Inc. is a leading China-based fintech enterprise that mainly provides intelligent credit solutions, risk management technology support, and digital financial service tools. It collaborates with licensed financial institutions to serve individual consumers and micro, small and medium-sized enterprises across China, using big data and artificial intelligence to boost financial inclusion and operational efficiency.

ESS vs QFIN — Head-to-Head

Bigger by revenue
QFIN
QFIN
1.5× larger
QFIN
$731.2M
$479.6M
ESS
Higher net margin
QFIN
QFIN
9.6% more per $
QFIN
27.5%
17.9%
ESS
Faster 2-yr revenue CAGR
QFIN
QFIN
Annualised
QFIN
16.4%
6.0%
ESS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ESS
ESS
QFIN
QFIN
Revenue
$479.6M
$731.2M
Net Profit
$85.7M
$201.2M
Gross Margin
70.0%
Operating Margin
31.7%
32.7%
Net Margin
17.9%
27.5%
Revenue YoY
5.5%
Net Profit YoY
-71.6%
EPS (diluted)
$1.24

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
QFIN
QFIN
Q4 25
$479.6M
Q3 25
$473.3M
$731.2M
Q2 25
$469.8M
$728.1M
Q1 25
$464.6M
$646.4M
Q4 24
$454.5M
Q3 24
$450.7M
$622.7M
Q2 24
$442.4M
$572.4M
Q1 24
$426.9M
$575.2M
Net Profit
ESS
ESS
QFIN
QFIN
Q4 25
$85.7M
Q3 25
$172.7M
$201.2M
Q2 25
$231.5M
$241.6M
Q1 25
$212.8M
$247.6M
Q4 24
$301.7M
Q3 24
$125.5M
$256.3M
Q2 24
$99.0M
$189.4M
Q1 24
$285.1M
$160.7M
Gross Margin
ESS
ESS
QFIN
QFIN
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
QFIN
QFIN
Q4 25
31.7%
Q3 25
44.5%
32.7%
Q2 25
59.5%
41.0%
Q1 25
55.3%
42.1%
Q4 24
67.0%
Q3 24
28.6%
52.4%
Q2 24
31.1%
47.7%
Q1 24
31.0%
32.8%
Net Margin
ESS
ESS
QFIN
QFIN
Q4 25
17.9%
Q3 25
36.5%
27.5%
Q2 25
49.3%
33.2%
Q1 25
45.8%
38.3%
Q4 24
66.4%
Q3 24
27.8%
41.2%
Q2 24
22.4%
33.1%
Q1 24
66.8%
27.9%
EPS (diluted)
ESS
ESS
QFIN
QFIN
Q4 25
$1.24
Q3 25
$2.56
Q2 25
$3.44
Q1 25
$3.16
Q4 24
$4.00
Q3 24
$1.84
Q2 24
$1.45
Q1 24
$4.25

Balance Sheet & Financial Strength

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

Metric
ESS
ESS
QFIN
QFIN
Cash + ST InvestmentsLiquidity on hand
$76.2M
$6.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$5.5B
$24.3B
Total Assets
$13.2B
$61.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESS
ESS
QFIN
QFIN
Q4 25
$76.2M
Q3 25
$66.0M
$6.5B
Q2 25
$58.7M
$5.3B
Q1 25
$98.7M
$8.6B
Q4 24
$66.8M
Q3 24
$71.3M
$4.3B
Q2 24
$55.2M
$6.3B
Q1 24
$499.0M
$5.3B
Total Debt
ESS
ESS
QFIN
QFIN
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
Stockholders' Equity
ESS
ESS
QFIN
QFIN
Q4 25
$5.5B
Q3 25
$5.6B
$24.3B
Q2 25
$5.6B
$24.1B
Q1 25
$5.6B
$23.1B
Q4 24
$5.5B
Q3 24
$5.4B
$22.9B
Q2 24
$5.5B
$22.6B
Q1 24
$5.5B
$22.1B
Total Assets
ESS
ESS
QFIN
QFIN
Q4 25
$13.2B
Q3 25
$13.2B
$61.4B
Q2 25
$13.2B
$59.8B
Q1 25
$13.2B
$55.6B
Q4 24
$12.9B
Q3 24
$12.6B
$47.0B
Q2 24
$12.5B
$47.0B
Q1 24
$12.9B
$47.4B
Debt / Equity
ESS
ESS
QFIN
QFIN
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
ESS
ESS
QFIN
QFIN
Operating Cash FlowLast quarter
$1.1B
$351.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
12.53×
1.75×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESS
ESS
QFIN
QFIN
Q4 25
$1.1B
Q3 25
$342.6M
$351.4M
Q2 25
$216.1M
$366.0M
Q1 25
$281.5M
$386.6M
Q4 24
$1.1B
Q3 24
$316.2M
$338.0M
Q2 24
$218.9M
$269.9M
Q1 24
$314.9M
$271.2M
Cash Conversion
ESS
ESS
QFIN
QFIN
Q4 25
12.53×
Q3 25
1.98×
1.75×
Q2 25
0.93×
1.52×
Q1 25
1.32×
1.56×
Q4 24
3.54×
Q3 24
2.52×
1.32×
Q2 24
2.21×
1.43×
Q1 24
1.10×
1.69×

Financial Flow Comparison

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

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