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Side-by-side financial comparison of Essex Property Trust (ESS) and STEVEN MADDEN, LTD. (SHOO). Click either name above to swap in a different company.

STEVEN MADDEN, LTD. is the larger business by last-quarter revenue ($749.8M vs $479.6M, roughly 1.6× Essex Property Trust). Essex Property Trust runs the higher net margin — 17.9% vs 3.3%, a 14.6% gap on every dollar of revenue. On growth, STEVEN MADDEN, LTD. posted the faster year-over-year revenue change (29.5% vs 5.5%). Over the past eight quarters, STEVEN MADDEN, LTD.'s revenue compounded faster (16.7% 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.

Steven Madden, Ltd. is a publicly traded company that designs and markets shoes and fashion accessories. Based in Long Island City, New York, the company's brands include Dolce Vita, Betsey Johnson, Blondo, BB Dakota and Mad Love. Steve Madden is also a licensee of various brands, including Anne Klein and Superga.

ESS vs SHOO — Head-to-Head

Bigger by revenue
SHOO
SHOO
1.6× larger
SHOO
$749.8M
$479.6M
ESS
Growing faster (revenue YoY)
SHOO
SHOO
+24.0% gap
SHOO
29.5%
5.5%
ESS
Higher net margin
ESS
ESS
14.6% more per $
ESS
17.9%
3.3%
SHOO
Faster 2-yr revenue CAGR
SHOO
SHOO
Annualised
SHOO
16.7%
6.0%
ESS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ESS
ESS
SHOO
SHOO
Revenue
$479.6M
$749.8M
Net Profit
$85.7M
$24.7M
Gross Margin
70.0%
42.6%
Operating Margin
31.7%
4.8%
Net Margin
17.9%
3.3%
Revenue YoY
5.5%
29.5%
Net Profit YoY
-71.6%
-34.8%
EPS (diluted)
$1.24
$0.33

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
SHOO
SHOO
Q4 25
$479.6M
$749.8M
Q3 25
$473.3M
$664.2M
Q2 25
$469.8M
$556.1M
Q1 25
$464.6M
$551.4M
Q4 24
$454.5M
$578.8M
Q3 24
$450.7M
$621.2M
Q2 24
$442.4M
$521.7M
Q1 24
$426.9M
$550.6M
Net Profit
ESS
ESS
SHOO
SHOO
Q4 25
$85.7M
$24.7M
Q3 25
$172.7M
$20.5M
Q2 25
$231.5M
$-38.7M
Q1 25
$212.8M
$41.3M
Q4 24
$301.7M
$37.8M
Q3 24
$125.5M
$55.3M
Q2 24
$99.0M
$36.9M
Q1 24
$285.1M
$44.6M
Gross Margin
ESS
ESS
SHOO
SHOO
Q4 25
70.0%
42.6%
Q3 25
69.2%
41.8%
Q2 25
70.7%
40.6%
Q1 25
69.6%
41.0%
Q4 24
70.0%
40.7%
Q3 24
69.5%
41.8%
Q2 24
70.8%
41.6%
Q1 24
69.7%
40.8%
Operating Margin
ESS
ESS
SHOO
SHOO
Q4 25
31.7%
4.8%
Q3 25
44.5%
4.7%
Q2 25
59.5%
-7.2%
Q1 25
55.3%
9.7%
Q4 24
67.0%
8.1%
Q3 24
28.6%
12.0%
Q2 24
31.1%
9.0%
Q1 24
31.0%
10.3%
Net Margin
ESS
ESS
SHOO
SHOO
Q4 25
17.9%
3.3%
Q3 25
36.5%
3.1%
Q2 25
49.3%
-7.0%
Q1 25
45.8%
7.5%
Q4 24
66.4%
6.5%
Q3 24
27.8%
8.9%
Q2 24
22.4%
7.1%
Q1 24
66.8%
8.1%
EPS (diluted)
ESS
ESS
SHOO
SHOO
Q4 25
$1.24
$0.33
Q3 25
$2.56
$0.29
Q2 25
$3.44
$-0.56
Q1 25
$3.16
$0.57
Q4 24
$4.00
$0.49
Q3 24
$1.84
$0.77
Q2 24
$1.45
$0.49
Q1 24
$4.25
$0.60

Balance Sheet & Financial Strength

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

Metric
ESS
ESS
SHOO
SHOO
Cash + ST InvestmentsLiquidity on hand
$76.2M
$112.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.5B
$866.4M
Total Assets
$13.2B
$1.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESS
ESS
SHOO
SHOO
Q4 25
$76.2M
$112.4M
Q3 25
$66.0M
$140.0K
Q2 25
$58.7M
$111.9M
Q1 25
$98.7M
$147.2M
Q4 24
$66.8M
$203.4M
Q3 24
$71.3M
$11.1M
Q2 24
$55.2M
$192.2M
Q1 24
$499.0M
$143.1M
Total Debt
ESS
ESS
SHOO
SHOO
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
SHOO
SHOO
Q4 25
$5.5B
$866.4M
Q3 25
$5.6B
$850.8M
Q2 25
$5.6B
$833.2M
Q1 25
$5.6B
$875.3M
Q4 24
$5.5B
$847.7M
Q3 24
$5.4B
$833.9M
Q2 24
$5.5B
$808.3M
Q1 24
$5.5B
$825.2M
Total Assets
ESS
ESS
SHOO
SHOO
Q4 25
$13.2B
$1.9B
Q3 25
$13.2B
$2.0B
Q2 25
$13.2B
$1.9B
Q1 25
$13.2B
$1.4B
Q4 24
$12.9B
$1.4B
Q3 24
$12.6B
$1.5B
Q2 24
$12.5B
$1.4B
Q1 24
$12.9B
$1.3B
Debt / Equity
ESS
ESS
SHOO
SHOO
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
SHOO
SHOO
Operating Cash FlowLast quarter
$1.1B
$91.1M
Free Cash FlowOCF − Capex
$80.8M
FCF MarginFCF / Revenue
10.8%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
12.53×
3.70×
TTM Free Cash FlowTrailing 4 quarters
$119.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESS
ESS
SHOO
SHOO
Q4 25
$1.1B
$91.1M
Q3 25
$342.6M
$23.4M
Q2 25
$216.1M
$66.5M
Q1 25
$281.5M
$-18.8M
Q4 24
$1.1B
$103.9M
Q3 24
$316.2M
$444.0K
Q2 24
$218.9M
$109.5M
Q1 24
$314.9M
$-15.7M
Free Cash Flow
ESS
ESS
SHOO
SHOO
Q4 25
$80.8M
Q3 25
$8.6M
Q2 25
$58.8M
Q1 25
$-28.7M
Q4 24
$94.6M
Q3 24
$-6.9M
Q2 24
$104.2M
Q1 24
$-19.7M
FCF Margin
ESS
ESS
SHOO
SHOO
Q4 25
10.8%
Q3 25
1.3%
Q2 25
10.6%
Q1 25
-5.2%
Q4 24
16.3%
Q3 24
-1.1%
Q2 24
20.0%
Q1 24
-3.6%
Capex Intensity
ESS
ESS
SHOO
SHOO
Q4 25
1.4%
Q3 25
2.2%
Q2 25
1.4%
Q1 25
1.8%
Q4 24
1.6%
Q3 24
1.2%
Q2 24
1.0%
Q1 24
0.7%
Cash Conversion
ESS
ESS
SHOO
SHOO
Q4 25
12.53×
3.70×
Q3 25
1.98×
1.14×
Q2 25
0.93×
Q1 25
1.32×
-0.46×
Q4 24
3.54×
2.75×
Q3 24
2.52×
0.01×
Q2 24
2.21×
2.96×
Q1 24
1.10×
-0.35×

Financial Flow Comparison

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

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