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Side-by-side financial comparison of Essex Property Trust (ESS) and OLYMPIC STEEL INC (ZEUS). Click either name above to swap in a different company.

OLYMPIC STEEL INC is the larger business by last-quarter revenue ($490.7M vs $479.6M, roughly 1.0× Essex Property Trust). Essex Property Trust runs the higher net margin — 17.9% vs 0.4%, a 17.4% gap on every dollar of revenue. On growth, Essex Property Trust posted the faster year-over-year revenue change (5.5% vs 4.4%). Over the past eight quarters, Essex Property Trust's revenue compounded faster (6.0% CAGR vs 0.1%).

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

Olympic Steel, Inc. is a metals service center based in Cleveland, Ohio. The company processes and distributes carbon, coated and stainless flat-rolled sheet, coil and plate steel, aluminium alloy, tin plate, and metal-intensive branded products primarily in the United States. Metals processing and value added services include tempering, stretch leveling, cutting-to-length, slitting, edging, shearing, blanking, burning, forming, shot blasting, laser punching, plate rolling, fabricating, machi...

ESS vs ZEUS — Head-to-Head

Bigger by revenue
ZEUS
ZEUS
1.0× larger
ZEUS
$490.7M
$479.6M
ESS
Growing faster (revenue YoY)
ESS
ESS
+1.1% gap
ESS
5.5%
4.4%
ZEUS
Higher net margin
ESS
ESS
17.4% more per $
ESS
17.9%
0.4%
ZEUS
Faster 2-yr revenue CAGR
ESS
ESS
Annualised
ESS
6.0%
0.1%
ZEUS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ESS
ESS
ZEUS
ZEUS
Revenue
$479.6M
$490.7M
Net Profit
$85.7M
$2.2M
Gross Margin
70.0%
Operating Margin
31.7%
1.5%
Net Margin
17.9%
0.4%
Revenue YoY
5.5%
4.4%
Net Profit YoY
-71.6%
-21.2%
EPS (diluted)
$1.24
$0.18

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
ZEUS
ZEUS
Q4 25
$479.6M
Q3 25
$473.3M
$490.7M
Q2 25
$469.8M
$496.5M
Q1 25
$464.6M
$492.9M
Q4 24
$454.5M
$418.8M
Q3 24
$450.7M
$470.0M
Q2 24
$442.4M
$526.3M
Q1 24
$426.9M
$526.6M
Net Profit
ESS
ESS
ZEUS
ZEUS
Q4 25
$85.7M
Q3 25
$172.7M
$2.2M
Q2 25
$231.5M
$5.2M
Q1 25
$212.8M
$2.5M
Q4 24
$301.7M
$3.9M
Q3 24
$125.5M
$2.7M
Q2 24
$99.0M
$7.7M
Q1 24
$285.1M
$8.7M
Gross Margin
ESS
ESS
ZEUS
ZEUS
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
ZEUS
ZEUS
Q4 25
31.7%
Q3 25
44.5%
1.5%
Q2 25
59.5%
2.3%
Q1 25
55.3%
1.6%
Q4 24
67.0%
2.1%
Q3 24
28.6%
1.7%
Q2 24
31.1%
2.9%
Q1 24
31.0%
3.0%
Net Margin
ESS
ESS
ZEUS
ZEUS
Q4 25
17.9%
Q3 25
36.5%
0.4%
Q2 25
49.3%
1.1%
Q1 25
45.8%
0.5%
Q4 24
66.4%
0.9%
Q3 24
27.8%
0.6%
Q2 24
22.4%
1.5%
Q1 24
66.8%
1.7%
EPS (diluted)
ESS
ESS
ZEUS
ZEUS
Q4 25
$1.24
Q3 25
$2.56
$0.18
Q2 25
$3.44
$0.45
Q1 25
$3.16
$0.21
Q4 24
$4.00
$0.33
Q3 24
$1.84
$0.23
Q2 24
$1.45
$0.66
Q1 24
$4.25
$0.75

Balance Sheet & Financial Strength

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

Metric
ESS
ESS
ZEUS
ZEUS
Cash + ST InvestmentsLiquidity on hand
$76.2M
$7.5M
Total DebtLower is stronger
$240.9M
Stockholders' EquityBook value
$5.5B
$579.1M
Total Assets
$13.2B
$1.1B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESS
ESS
ZEUS
ZEUS
Q4 25
$76.2M
Q3 25
$66.0M
$7.5M
Q2 25
$58.7M
$14.8M
Q1 25
$98.7M
$13.3M
Q4 24
$66.8M
$11.9M
Q3 24
$71.3M
$11.1M
Q2 24
$55.2M
$9.4M
Q1 24
$499.0M
$10.3M
Total Debt
ESS
ESS
ZEUS
ZEUS
Q4 25
Q3 25
$6.4B
$240.9M
Q2 25
$6.4B
$233.2M
Q1 25
$6.8B
$235.4M
Q4 24
$272.5M
Q3 24
$6.4B
$197.3M
Q2 24
$6.2B
$209.2M
Q1 24
$6.6B
$196.8M
Stockholders' Equity
ESS
ESS
ZEUS
ZEUS
Q4 25
$5.5B
Q3 25
$5.6B
$579.1M
Q2 25
$5.6B
$578.2M
Q1 25
$5.6B
$574.2M
Q4 24
$5.5B
$573.9M
Q3 24
$5.4B
$570.6M
Q2 24
$5.5B
$569.5M
Q1 24
$5.5B
$563.0M
Total Assets
ESS
ESS
ZEUS
ZEUS
Q4 25
$13.2B
Q3 25
$13.2B
$1.1B
Q2 25
$13.2B
$1.1B
Q1 25
$13.2B
$1.1B
Q4 24
$12.9B
$1.0B
Q3 24
$12.6B
$1.0B
Q2 24
$12.5B
$1.0B
Q1 24
$12.9B
$1.0B
Debt / Equity
ESS
ESS
ZEUS
ZEUS
Q4 25
Q3 25
1.15×
0.42×
Q2 25
1.14×
0.40×
Q1 25
1.22×
0.41×
Q4 24
0.47×
Q3 24
1.18×
0.35×
Q2 24
1.13×
0.37×
Q1 24
1.19×
0.35×

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
ZEUS
ZEUS
Operating Cash FlowLast quarter
$1.1B
$-5.4M
Free Cash FlowOCF − Capex
$-12.9M
FCF MarginFCF / Revenue
-2.6%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
12.53×
-2.50×
TTM Free Cash FlowTrailing 4 quarters
$41.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESS
ESS
ZEUS
ZEUS
Q4 25
$1.1B
Q3 25
$342.6M
$-5.4M
Q2 25
$216.1M
$15.5M
Q1 25
$281.5M
$49.4M
Q4 24
$1.1B
$14.6M
Q3 24
$316.2M
$24.6M
Q2 24
$218.9M
$-2.9M
Q1 24
$314.9M
$-2.6M
Free Cash Flow
ESS
ESS
ZEUS
ZEUS
Q4 25
Q3 25
$-12.9M
Q2 25
$6.8M
Q1 25
$40.6M
Q4 24
$7.4M
Q3 24
$15.6M
Q2 24
$-11.3M
Q1 24
$-7.4M
FCF Margin
ESS
ESS
ZEUS
ZEUS
Q4 25
Q3 25
-2.6%
Q2 25
1.4%
Q1 25
8.2%
Q4 24
1.8%
Q3 24
3.3%
Q2 24
-2.2%
Q1 24
-1.4%
Capex Intensity
ESS
ESS
ZEUS
ZEUS
Q4 25
Q3 25
1.5%
Q2 25
1.7%
Q1 25
1.8%
Q4 24
1.7%
Q3 24
1.9%
Q2 24
1.6%
Q1 24
0.9%
Cash Conversion
ESS
ESS
ZEUS
ZEUS
Q4 25
12.53×
Q3 25
1.98×
-2.50×
Q2 25
0.93×
2.96×
Q1 25
1.32×
19.70×
Q4 24
3.54×
3.75×
Q3 24
2.52×
9.01×
Q2 24
2.21×
-0.38×
Q1 24
1.10×
-0.30×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESS
ESS

Segment breakdown not available.

ZEUS
ZEUS

Carbon Flat Products$268.2M55%
Specialty Metals Flat Products$140.9M29%
Tubular And Pipe Products$81.6M17%

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