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Side-by-side financial comparison of Essex Property Trust (ESS) and WORTHINGTON ENTERPRISES, INC. (WOR). Click either name above to swap in a different company.

Essex Property Trust is the larger business by last-quarter revenue ($479.6M vs $327.5M, roughly 1.5× WORTHINGTON ENTERPRISES, INC.). Essex Property Trust runs the higher net margin — 17.9% vs 8.3%, a 9.5% gap on every dollar of revenue. On growth, WORTHINGTON ENTERPRISES, INC. posted the faster year-over-year revenue change (19.5% vs 5.5%).

Essex Property Trust is a publicly traded real estate investment trust that invests in apartments in California and in the Seattle metropolitan area.

Worthington Enterprises, Inc. is an American industrial manufacturing company headquartered in Columbus, Ohio. The company is composed of two business segments, consumer products and building products. Within these segments, the company designs and manufactures pressure vessels such as propane, oxygen and helium tanks, refrigerant and industrial cylinders, camping and residential use cylinders, water system tanks for storage, treatment, heating, expansion and flow control, as well as a variet...

ESS vs WOR — Head-to-Head

Bigger by revenue
ESS
ESS
1.5× larger
ESS
$479.6M
$327.5M
WOR
Growing faster (revenue YoY)
WOR
WOR
+14.0% gap
WOR
19.5%
5.5%
ESS
Higher net margin
ESS
ESS
9.5% more per $
ESS
17.9%
8.3%
WOR

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
ESS
ESS
WOR
WOR
Revenue
$479.6M
$327.5M
Net Profit
$85.7M
$27.3M
Gross Margin
70.0%
25.8%
Operating Margin
31.7%
3.7%
Net Margin
17.9%
8.3%
Revenue YoY
5.5%
19.5%
Net Profit YoY
-71.6%
-3.3%
EPS (diluted)
$1.24
$0.55

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
WOR
WOR
Q4 25
$479.6M
$327.5M
Q3 25
$473.3M
$303.7M
Q2 25
$469.8M
Q1 25
$464.6M
Q4 24
$454.5M
Q3 24
$450.7M
Q2 24
$442.4M
Q1 24
$426.9M
Net Profit
ESS
ESS
WOR
WOR
Q4 25
$85.7M
$27.3M
Q3 25
$172.7M
$35.1M
Q2 25
$231.5M
Q1 25
$212.8M
Q4 24
$301.7M
Q3 24
$125.5M
Q2 24
$99.0M
Q1 24
$285.1M
Gross Margin
ESS
ESS
WOR
WOR
Q4 25
70.0%
25.8%
Q3 25
69.2%
27.1%
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
WOR
WOR
Q4 25
31.7%
3.7%
Q3 25
44.5%
3.0%
Q2 25
59.5%
Q1 25
55.3%
Q4 24
67.0%
Q3 24
28.6%
Q2 24
31.1%
Q1 24
31.0%
Net Margin
ESS
ESS
WOR
WOR
Q4 25
17.9%
8.3%
Q3 25
36.5%
11.6%
Q2 25
49.3%
Q1 25
45.8%
Q4 24
66.4%
Q3 24
27.8%
Q2 24
22.4%
Q1 24
66.8%
EPS (diluted)
ESS
ESS
WOR
WOR
Q4 25
$1.24
$0.55
Q3 25
$2.56
$0.70
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
WOR
WOR
Cash + ST InvestmentsLiquidity on hand
$76.2M
$180.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.5B
$962.6M
Total Assets
$13.2B
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESS
ESS
WOR
WOR
Q4 25
$76.2M
$180.3M
Q3 25
$66.0M
$167.1M
Q2 25
$58.7M
Q1 25
$98.7M
Q4 24
$66.8M
Q3 24
$71.3M
Q2 24
$55.2M
Q1 24
$499.0M
Total Debt
ESS
ESS
WOR
WOR
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
WOR
WOR
Q4 25
$5.5B
$962.6M
Q3 25
$5.6B
$959.1M
Q2 25
$5.6B
Q1 25
$5.6B
Q4 24
$5.5B
Q3 24
$5.4B
Q2 24
$5.5B
Q1 24
$5.5B
Total Assets
ESS
ESS
WOR
WOR
Q4 25
$13.2B
$1.8B
Q3 25
$13.2B
$1.7B
Q2 25
$13.2B
Q1 25
$13.2B
Q4 24
$12.9B
Q3 24
$12.6B
Q2 24
$12.5B
Q1 24
$12.9B
Debt / Equity
ESS
ESS
WOR
WOR
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
WOR
WOR
Operating Cash FlowLast quarter
$1.1B
$51.5M
Free Cash FlowOCF − Capex
$39.1M
FCF MarginFCF / Revenue
11.9%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
12.53×
1.89×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESS
ESS
WOR
WOR
Q4 25
$1.1B
$51.5M
Q3 25
$342.6M
$41.1M
Q2 25
$216.1M
Q1 25
$281.5M
Q4 24
$1.1B
Q3 24
$316.2M
Q2 24
$218.9M
Q1 24
$314.9M
Free Cash Flow
ESS
ESS
WOR
WOR
Q4 25
$39.1M
Q3 25
$27.9M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
ESS
ESS
WOR
WOR
Q4 25
11.9%
Q3 25
9.2%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
ESS
ESS
WOR
WOR
Q4 25
3.8%
Q3 25
4.3%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
ESS
ESS
WOR
WOR
Q4 25
12.53×
1.89×
Q3 25
1.98×
1.17×
Q2 25
0.93×
Q1 25
1.32×
Q4 24
3.54×
Q3 24
2.52×
Q2 24
2.21×
Q1 24
1.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESS
ESS

Segment breakdown not available.

WOR
WOR

Building Products$207.5M63%
Equity Method Investment Nonconsolidated Investee Other$120.7M37%

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