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Side-by-side financial comparison of Essex Property Trust (ESS) and UNITED BANKSHARES INC (UBSI). Click either name above to swap in a different company.
Essex Property Trust is the larger business by last-quarter revenue ($479.6M vs $318.4M, roughly 1.5× UNITED BANKSHARES INC). UNITED BANKSHARES INC runs the higher net margin — 40.5% vs 17.9%, a 22.6% gap on every dollar of revenue. On growth, UNITED BANKSHARES INC posted the faster year-over-year revenue change (21.6% vs 5.5%). Over the past eight quarters, UNITED BANKSHARES INC's revenue compounded faster (11.8% 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.
United Bankshares Inc. (WV) is a regional financial holding company operating mainly across the Mid-Atlantic and Southeastern United States. It provides full-spectrum banking solutions including consumer and commercial lending, deposit products, wealth management, and mortgage services for individual, small business and corporate clients.
ESS vs UBSI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $479.6M | $318.4M |
| Net Profit | $85.7M | $128.8M |
| Gross Margin | 70.0% | — |
| Operating Margin | 31.7% | 50.2% |
| Net Margin | 17.9% | 40.5% |
| Revenue YoY | 5.5% | 21.6% |
| Net Profit YoY | -71.6% | 36.5% |
| EPS (diluted) | $1.24 | $0.91 |
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 | $318.4M | ||
| Q3 25 | $473.3M | $323.3M | ||
| Q2 25 | $469.8M | $306.0M | ||
| Q1 25 | $464.6M | $289.6M | ||
| Q4 24 | $454.5M | $261.9M | ||
| Q3 24 | $450.7M | $262.2M | ||
| Q2 24 | $442.4M | $255.9M | ||
| Q1 24 | $426.9M | $254.7M |
| Q4 25 | $85.7M | $128.8M | ||
| Q3 25 | $172.7M | $130.7M | ||
| Q2 25 | $231.5M | $120.7M | ||
| Q1 25 | $212.8M | $84.3M | ||
| Q4 24 | $301.7M | $94.4M | ||
| Q3 24 | $125.5M | $95.3M | ||
| Q2 24 | $99.0M | $96.5M | ||
| Q1 24 | $285.1M | $86.8M |
| 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% | 50.2% | ||
| Q3 25 | 44.5% | 50.9% | ||
| Q2 25 | 59.5% | 49.7% | ||
| Q1 25 | 55.3% | 36.9% | ||
| Q4 24 | 67.0% | 46.2% | ||
| Q3 24 | 28.6% | 45.7% | ||
| Q2 24 | 31.1% | 45.1% | ||
| Q1 24 | 31.0% | 42.5% |
| Q4 25 | 17.9% | 40.5% | ||
| Q3 25 | 36.5% | 40.4% | ||
| Q2 25 | 49.3% | 39.5% | ||
| Q1 25 | 45.8% | 29.1% | ||
| Q4 24 | 66.4% | 36.0% | ||
| Q3 24 | 27.8% | 36.3% | ||
| Q2 24 | 22.4% | 37.7% | ||
| Q1 24 | 66.8% | 34.1% |
| Q4 25 | $1.24 | $0.91 | ||
| Q3 25 | $2.56 | $0.92 | ||
| Q2 25 | $3.44 | $0.85 | ||
| Q1 25 | $3.16 | $0.59 | ||
| Q4 24 | $4.00 | $0.70 | ||
| Q3 24 | $1.84 | $0.70 | ||
| Q2 24 | $1.45 | $0.71 | ||
| Q1 24 | $4.25 | $0.64 |
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 | — |
| Total DebtLower is stronger | — | $531.8M |
| Stockholders' EquityBook value | $5.5B | $5.5B |
| Total Assets | $13.2B | $33.7B |
| Debt / EquityLower = less leverage | — | 0.10× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $76.2M | — | ||
| Q3 25 | $66.0M | — | ||
| Q2 25 | $58.7M | — | ||
| Q1 25 | $98.7M | — | ||
| Q4 24 | $66.8M | — | ||
| Q3 24 | $71.3M | — | ||
| Q2 24 | $55.2M | — | ||
| Q1 24 | $499.0M | — |
| Q4 25 | — | $531.8M | ||
| Q3 25 | $6.4B | $250.0M | ||
| Q2 25 | $6.4B | $250.0M | ||
| Q1 25 | $6.8B | $250.0M | ||
| Q4 24 | — | $540.4M | ||
| Q3 24 | $6.4B | $260.3M | ||
| Q2 24 | $6.2B | $1.2B | ||
| Q1 24 | $6.6B | $1.5B |
| Q4 25 | $5.5B | $5.5B | ||
| Q3 25 | $5.6B | $5.4B | ||
| Q2 25 | $5.6B | $5.4B | ||
| Q1 25 | $5.6B | $5.3B | ||
| Q4 24 | $5.5B | $5.0B | ||
| Q3 24 | $5.4B | $5.0B | ||
| Q2 24 | $5.5B | $4.9B | ||
| Q1 24 | $5.5B | $4.8B |
| Q4 25 | $13.2B | $33.7B | ||
| Q3 25 | $13.2B | $33.4B | ||
| Q2 25 | $13.2B | $32.8B | ||
| Q1 25 | $13.2B | $32.8B | ||
| Q4 24 | $12.9B | $30.0B | ||
| Q3 24 | $12.6B | $29.9B | ||
| Q2 24 | $12.5B | $30.0B | ||
| Q1 24 | $12.9B | $30.0B |
| Q4 25 | — | 0.10× | ||
| Q3 25 | 1.15× | 0.05× | ||
| Q2 25 | 1.14× | 0.05× | ||
| Q1 25 | 1.22× | 0.05× | ||
| Q4 24 | — | 0.11× | ||
| Q3 24 | 1.18× | 0.05× | ||
| Q2 24 | 1.13× | 0.25× | ||
| Q1 24 | 1.19× | 0.30× |
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 | $498.9M |
| Free Cash FlowOCF − Capex | — | $481.2M |
| FCF MarginFCF / Revenue | — | 151.1% |
| Capex IntensityCapex / Revenue | — | 5.6% |
| Cash ConversionOCF / Net Profit | 12.53× | 3.87× |
| TTM Free Cash FlowTrailing 4 quarters | — | $828.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1B | $498.9M | ||
| Q3 25 | $342.6M | $150.6M | ||
| Q2 25 | $216.1M | $89.4M | ||
| Q1 25 | $281.5M | $120.0M | ||
| Q4 24 | $1.1B | $445.5M | ||
| Q3 24 | $316.2M | $123.6M | ||
| Q2 24 | $218.9M | $61.2M | ||
| Q1 24 | $314.9M | $124.4M |
| Q4 25 | — | $481.2M | ||
| Q3 25 | — | $146.4M | ||
| Q2 25 | — | $85.2M | ||
| Q1 25 | — | $116.1M | ||
| Q4 24 | — | $433.3M | ||
| Q3 24 | — | $122.0M | ||
| Q2 24 | — | $58.2M | ||
| Q1 24 | — | $119.6M |
| Q4 25 | — | 151.1% | ||
| Q3 25 | — | 45.3% | ||
| Q2 25 | — | 27.8% | ||
| Q1 25 | — | 40.1% | ||
| Q4 24 | — | 165.4% | ||
| Q3 24 | — | 46.5% | ||
| Q2 24 | — | 22.7% | ||
| Q1 24 | — | 47.0% |
| Q4 25 | — | 5.6% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 1.4% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | — | 1.9% |
| Q4 25 | 12.53× | 3.87× | ||
| Q3 25 | 1.98× | 1.15× | ||
| Q2 25 | 0.93× | 0.74× | ||
| Q1 25 | 1.32× | 1.42× | ||
| Q4 24 | 3.54× | 4.72× | ||
| Q3 24 | 2.52× | 1.30× | ||
| Q2 24 | 2.21× | 0.63× | ||
| Q1 24 | 1.10× | 1.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
