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

Essex Property Trust is the larger business by last-quarter revenue ($479.6M vs $245.3M, roughly 2.0× Tecnoglass Inc.). Essex Property Trust runs the higher net margin — 17.9% vs 10.6%, a 7.2% gap on every dollar of revenue. On growth, Essex Property Trust posted the faster year-over-year revenue change (5.5% vs 2.4%). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% 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.

Tecnoglass Inc. is a leading manufacturer of high-performance architectural glass, aluminum windows, doors, and associated building components. It primarily caters to residential and commercial construction sectors across North America and Latin America, offering custom, energy-efficient solutions for new construction and renovation projects.

ESS vs TGLS — Head-to-Head

Bigger by revenue
ESS
ESS
2.0× larger
ESS
$479.6M
$245.3M
TGLS
Growing faster (revenue YoY)
ESS
ESS
+3.1% gap
ESS
5.5%
2.4%
TGLS
Higher net margin
ESS
ESS
7.2% more per $
ESS
17.9%
10.6%
TGLS
Faster 2-yr revenue CAGR
TGLS
TGLS
Annualised
TGLS
12.8%
6.0%
ESS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ESS
ESS
TGLS
TGLS
Revenue
$479.6M
$245.3M
Net Profit
$85.7M
$26.1M
Gross Margin
70.0%
40.0%
Operating Margin
31.7%
18.3%
Net Margin
17.9%
10.6%
Revenue YoY
5.5%
2.4%
Net Profit YoY
-71.6%
-44.5%
EPS (diluted)
$1.24
$0.57

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
TGLS
TGLS
Q4 25
$479.6M
$245.3M
Q3 25
$473.3M
$260.5M
Q2 25
$469.8M
$255.5M
Q1 25
$464.6M
$222.3M
Q4 24
$454.5M
$239.6M
Q3 24
$450.7M
$238.3M
Q2 24
$442.4M
$219.7M
Q1 24
$426.9M
$192.6M
Net Profit
ESS
ESS
TGLS
TGLS
Q4 25
$85.7M
$26.1M
Q3 25
$172.7M
$47.2M
Q2 25
$231.5M
$44.1M
Q1 25
$212.8M
$42.2M
Q4 24
$301.7M
$47.0M
Q3 24
$125.5M
$49.5M
Q2 24
$99.0M
$35.0M
Q1 24
$285.1M
$29.7M
Gross Margin
ESS
ESS
TGLS
TGLS
Q4 25
70.0%
40.0%
Q3 25
69.2%
42.7%
Q2 25
70.7%
44.7%
Q1 25
69.6%
43.9%
Q4 24
70.0%
44.5%
Q3 24
69.5%
45.8%
Q2 24
70.8%
40.8%
Q1 24
69.7%
38.8%
Operating Margin
ESS
ESS
TGLS
TGLS
Q4 25
31.7%
18.3%
Q3 25
44.5%
25.1%
Q2 25
59.5%
24.0%
Q1 25
55.3%
26.7%
Q4 24
67.0%
28.0%
Q3 24
28.6%
28.4%
Q2 24
31.1%
23.3%
Q1 24
31.0%
21.3%
Net Margin
ESS
ESS
TGLS
TGLS
Q4 25
17.9%
10.6%
Q3 25
36.5%
18.1%
Q2 25
49.3%
17.3%
Q1 25
45.8%
19.0%
Q4 24
66.4%
19.6%
Q3 24
27.8%
20.8%
Q2 24
22.4%
15.9%
Q1 24
66.8%
15.4%
EPS (diluted)
ESS
ESS
TGLS
TGLS
Q4 25
$1.24
$0.57
Q3 25
$2.56
$1.01
Q2 25
$3.44
$0.94
Q1 25
$3.16
$0.90
Q4 24
$4.00
$1.00
Q3 24
$1.84
$1.05
Q2 24
$1.45
$0.75
Q1 24
$4.25
$0.63

Balance Sheet & Financial Strength

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

Metric
ESS
ESS
TGLS
TGLS
Cash + ST InvestmentsLiquidity on hand
$76.2M
$104.1M
Total DebtLower is stronger
$174.4M
Stockholders' EquityBook value
$5.5B
$713.1M
Total Assets
$13.2B
$1.3B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESS
ESS
TGLS
TGLS
Q4 25
$76.2M
$104.1M
Q3 25
$66.0M
$127.1M
Q2 25
$58.7M
$140.9M
Q1 25
$98.7M
$160.2M
Q4 24
$66.8M
$137.5M
Q3 24
$71.3M
$124.8M
Q2 24
$55.2M
$129.5M
Q1 24
$499.0M
$138.8M
Total Debt
ESS
ESS
TGLS
TGLS
Q4 25
$174.4M
Q3 25
$6.4B
$114.7M
Q2 25
$6.4B
$110.6M
Q1 25
$6.8B
$110.6M
Q4 24
$111.1M
Q3 24
$6.4B
$126.8M
Q2 24
$6.2B
$144.7M
Q1 24
$6.6B
$160.9M
Stockholders' Equity
ESS
ESS
TGLS
TGLS
Q4 25
$5.5B
$713.1M
Q3 25
$5.6B
$764.0M
Q2 25
$5.6B
$736.0M
Q1 25
$5.6B
$685.1M
Q4 24
$5.5B
$631.2M
Q3 24
$5.4B
$613.3M
Q2 24
$5.5B
$574.8M
Q1 24
$5.5B
$573.6M
Total Assets
ESS
ESS
TGLS
TGLS
Q4 25
$13.2B
$1.3B
Q3 25
$13.2B
$1.2B
Q2 25
$13.2B
$1.2B
Q1 25
$13.2B
$1.1B
Q4 24
$12.9B
$1.0B
Q3 24
$12.6B
$996.3M
Q2 24
$12.5B
$942.5M
Q1 24
$12.9B
$981.6M
Debt / Equity
ESS
ESS
TGLS
TGLS
Q4 25
0.24×
Q3 25
1.15×
0.15×
Q2 25
1.14×
0.15×
Q1 25
1.22×
0.16×
Q4 24
0.18×
Q3 24
1.18×
0.21×
Q2 24
1.13×
0.25×
Q1 24
1.19×
0.28×

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
TGLS
TGLS
Operating Cash FlowLast quarter
$1.1B
$31.0M
Free Cash FlowOCF − Capex
$11.4M
FCF MarginFCF / Revenue
4.7%
Capex IntensityCapex / Revenue
8.0%
Cash ConversionOCF / Net Profit
12.53×
1.19×
TTM Free Cash FlowTrailing 4 quarters
$34.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESS
ESS
TGLS
TGLS
Q4 25
$1.1B
$31.0M
Q3 25
$342.6M
$40.0M
Q2 25
$216.1M
$17.9M
Q1 25
$281.5M
$46.9M
Q4 24
$1.1B
$61.1M
Q3 24
$316.2M
$41.5M
Q2 24
$218.9M
$34.5M
Q1 24
$314.9M
$33.4M
Free Cash Flow
ESS
ESS
TGLS
TGLS
Q4 25
$11.4M
Q3 25
$21.2M
Q2 25
$-14.7M
Q1 25
$16.5M
Q4 24
$35.4M
Q3 24
$17.8M
Q2 24
$14.2M
Q1 24
$23.6M
FCF Margin
ESS
ESS
TGLS
TGLS
Q4 25
4.7%
Q3 25
8.2%
Q2 25
-5.7%
Q1 25
7.4%
Q4 24
14.8%
Q3 24
7.5%
Q2 24
6.5%
Q1 24
12.2%
Capex Intensity
ESS
ESS
TGLS
TGLS
Q4 25
8.0%
Q3 25
7.2%
Q2 25
12.7%
Q1 25
13.7%
Q4 24
10.7%
Q3 24
9.9%
Q2 24
9.2%
Q1 24
5.1%
Cash Conversion
ESS
ESS
TGLS
TGLS
Q4 25
12.53×
1.19×
Q3 25
1.98×
0.85×
Q2 25
0.93×
0.41×
Q1 25
1.32×
1.11×
Q4 24
3.54×
1.30×
Q3 24
2.52×
0.84×
Q2 24
2.21×
0.98×
Q1 24
1.10×
1.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESS
ESS

Segment breakdown not available.

TGLS
TGLS

Product Sales$164.2M67%
Fixed Price Contracts$81.1M33%
Related Party$692.0K0%

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