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Empire State Realty Trust Inc

Real Estate US ESRT

5.445USD
0.07(1.21%)

Last update at 2026-06-04T15:35:00Z

Day Range

5.425.48
LowHigh

52 Week Range

4.878.62
LowHigh

Fundamentals

  • Previous Close 5.38
  • Market Cap1683.75M
  • Volume413971
  • P/E Ratio22.36
  • Dividend Yield2.51%
  • EBITDA313.87M
  • Revenue TTM767.81M
  • Revenue Per Share TTM4.56
  • Gross Profit TTM 402.79M
  • Diluted EPS TTM0.25

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 75.54M 83.05M 87.12M 64.76M -14.77100M
Minority interest -25.37900M -28.71700M -31.16200M -22.56900M 6.53M
Net income 47.60M 51.64M 53.24M 63.21M -13.03700M
Selling general administrative 72.84M 70.23M 63.94M 61.77M 55.95M
Selling and marketing expenses - - - - -
Gross profit 13.73M 408.99M 210.65M 405.69M 344.61M
Reconciled depreciation 194.76M 184.82M 189.91M 216.89M 201.81M
Ebit 179.32M 158.71M -256.24900M 127.03M 79.13M
Ebitda 374.08M 343.53M 336.62M 348.87M 289.37M
Depreciation and amortization 194.76M 184.82M 592.87M 221.84M 210.23M
Non operating income net other - - - - 0.49M
Operating income 135.65M 158.71M 146.71M 127.03M 79.13M
Other operating expenses 632.62M 604.44M 592.87M 600.01M 537.24M
Interest expense 103.78M 109.71M 109.30M 101.21M 94.39M
Tax provision 2.56M 2.69M 2.71M 1.55M -1.73400M
Interest income 8.75M 21.30M 15.14M 4.95M 0.70M
Net interest income -95.03200M -88.41200M -86.34800M -96.25800M -93.69000M
Extraordinary items - - - - -
Non recurring - - - - -7.72300M
Other items - - - - -
Income tax expense 2.56M 2.69M 2.71M 1.55M -1.73400M
Total revenue 768.27M 763.15M 739.57M 727.04M 624.09M
Total operating expenses -121.92000M 250.28M 63.94M 278.66M 257.75M
Cost of revenue 754.54M 354.16M 528.93M 321.35M 279.49M
Total other income expense net -60.11100M -75.66300M -59.58400M -62.27000M -93.90400M
Discontinued operations - - - - -
Net income from continuing ops 72.98M 80.36M 84.41M 63.21M -13.03700M
Net income applicable to common shares - - - 36.20M -10.71100M
Preferred stock and other adjustments - - - - 4.20M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 4468.96M 4510.29M 4219.33M 4163.59M 4282.45M
Intangible assets 305.58M 313.41M 321.24M 329.07M 336.90M
Earning assets - - - - -
Other current assets -255.27000M 43.84M -702.42000M 98.11M 127.49M
Total liab 2646.77M 2728.32M 2488.29M 2480.50M 2598.11M
Total stockholder equity 1060.00M 1030.70M 1731.04M 1683.09M 1684.33M
Deferred long term liab - - - 187.57M 202.44M
Other current liab -119.95200M 547.55M -31.03400M 53.74M 79.15M
Common stock 1.71M 1.67M 1.63M 1.61M 1.70M
Capital stock 1.71M 1.67M 1.63M 1.61M 1.70M
Retained earnings -39.64800M -58.88800M -83.10800M -109.46800M -133.61000M
Other liab - - - 119.02M 138.05M
Good will 491.48M 491.48M 491.48M 491.48M 491.48M
Other assets - 11.80M -0.00000M 293.85M 4802.82M
Cash 166.51M 385.46M 406.96M 264.43M 423.69M
Cash and equivalents - - - - -
Total current liabilities 59.90M 766.49M 169.97M 162.76M 205.17M
Current deferred revenue 59.90M 62.64M 70.30M 76.09M 84.36M
Net debt 2272.93M 2098.37M 1862.03M 2010.37M 1915.56M
Short term debt 55.46M 101.52M 86.54M 1886.03M 977.66M
Short long term debt 481.79M 566.40M 389.29M - -
Short long term debt total 2439.44M 2483.83M 2268.99M 2274.81M 2339.26M
Other stockholder equity 1091.44M 1077.98M 1031.03M 1783.90M 1837.09M
Property plant equipment - - - 2434.69M 2448.74M
Total current assets 188.57M 878.90M 702.42M 712.62M 794.76M
Long term investments - - - - -
Net tangible assets - - - 133.82M 855.95M
Short term investments - 11.80M 11.80M - -
Net receivables 277.33M 449.60M 295.46M 264.29M 243.57M
Long term debt 1889.94M 1889.24M 2240.55M 2246.14M 2310.36M
Inventory - - -11.80000M 85.78M -
Accounts payable 64.49M 54.78M 44.17M 32.93M 41.66M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - 686.20M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 6.50M 9.93M 6.03M 7.05M -20.84800M
Additional paid in capital - - - - -
Common stock total equity - - - - 1.70M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -133.61000M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 616.31M 2798.30M 2662.85M 2601.75M 2630.42M
Deferred long term asset charges - - - - -
Non current assets total 4280.39M 3631.39M 3516.91M 3450.97M 3487.69M
Capital lease obligations 27.94M 28.20M 28.44M 28.67M 28.89M
Long term debt total - - - - 2310.36M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -397.12200M -181.15400M -230.89100M -212.74200M
Change to liabilities - - - 1.04M 12.23M
Total cashflows from investing activities -550.01200M -397.12200M - -230.89100M -212.74200M
Net borrowings 94.74M 213.14M -8.63200M -7.50400M -13.57700M
Total cash from financing activities 38.17M 158.58M -62.87300M -140.24200M -93.04500M
Change to operating activities - - - -40.00000M -11.32800M
Net income 47.60M 80.36M 53.24M 63.21M -13.03700M
Change in cash -262.79100M 22.35M 92.28M -159.96000M -93.30100M
Begin period cash flow 429.30M 406.96M 314.68M 474.64M 567.94M
End period cash flow 166.51M 429.30M 406.96M 314.68M 474.64M
Total cash from operating activities 249.05M 260.89M 232.49M 211.17M 212.49M
Issuance of capital stock - - - - -
Depreciation 194.76M 184.82M 189.91M 216.89M 209.64M
Other cashflows from investing activities -550.01200M -397.12200M - - -
Dividends paid 27.93M 27.42M 26.89M -27.31000M -22.31100M
Change to inventory - - - - -
Change to account receivables 9.27M 6.88M -15.64300M -5.30600M 2.89M
Sale purchase of stock -8.12200M -13.10500M -13.10500M -90.17600M -46.70400M
Other cashflows from financing activities -16.16800M -27.13800M -14.25100M -15.25200M -19.93900M
Change to netincome - - - -5.17100M 7.12M
Capital expenditures 198.50M 0.00000M 139.33M 0.00000M 212.74M
Change receivables - - - - 2.89M
Cash flows other operating - - - - -11.32800M
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -93.30100M
Change in working capital -4.27900M -16.23400M -30.03100M -44.26500M 3.80M
Stock based compensation 25.17M 21.70M 20.03M 21.01M 20.26M
Other non cash items -14.20300M -9.74700M 414.08M -45.67900M -16.11200M
Free cash flow 50.55M 260.89M 93.16M 211.17M 212.49M

Peer Comparison

Sector: Real Estate Industry: REIT - Diversified

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ESRT
Empire State Realty Trust Inc
0.07 1.21% 5.45 22.36 116.28 2.19 0.90 4.20 8.61
GMGSF
Goodman Group
- -% 23.57 35.32 21.46 13.97 2.56 32.21 34.78
VICI
VICI Properties Inc
-0.03 0.11% 27.25 13.14 11.40 9.27 1.33 14.27 15.38
WPC
W P Carey Inc
0.32 0.43% 73.90 17.96 - 8.15 1.54 12.82 12.76
STKAF
Stockland
-0.2925 9.79% 2.69 27.50 14.81 2.56 1.08 3.44 15.75

Reports Covered

Stock Research & News

Profile

Empire State Realty Trust, Inc. is a NYC-focused REIT that owns and operates a portfolio of well-leased, top-of-tier, modernized, amenitized, and well-located office, retail, and multifamily assets. ESRT's flagship Empire State Building, the (World's Most Famous Building) features its iconic Observatory. The Company is a recognized leader in energy efficiency and indoor environmental quality. As of December 31, 2025, ESRT's portfolio is comprised of approximately 7.9 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 743 residential units. Empire State Realty Trust, Inc. was established on July 29, 2011 and was incorporated in 2011 in Maryland, USA.

Empire State Realty Trust Inc

111 West 33rd Street, New York, NY, United States, 10120-1220

Key Executives

Name Title Year Born
Mr. Anthony E. Malkin Chairman, CEO & Pres 1962
Ms. Christina Chiu Exec. VP & CFO 1981
Mr. Thomas N. Keltner Jr. Exec. VP & Gen. Counsel 1946
Mr. Thomas P. Durels Exec. VP of Real Estate 1962
Mr. Aaron D. Ratner Sr. VP & Chief Investment Officer 1988
Mr. Stephen Horn Sr. VP & Chief Accounting Officer 1987
Mr. Sandy Jacolow Sr. VP & CTO NA
Mr. Christopher Blackman Chief Information Officer NA
Ms. Katy Malonoski VP & Head of Investor Relations NA
Ms. Abigail Rickards Sr. VP of Marketing, PR & Digital NA

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