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Empire State Realty Trust, Inc.

$4.29 -$2.18 (-33.69%)
NYSE · 14 Sep 2026 20:00 UTC
Previous Close
$4.28
Day Range
$4.22$4.35
Year Range
$4.13$8.04
Market Cap
735.56M
AVG Volume
2.21M
Trailing/Forward PE
157.72/85.8
PEG ratio
-1.69
Dividend Yield
3.26%
Next Earnings Date
2026-11-04
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
0200M400M600M800M2016201720182019202020212022202320242025
ESRT Revenue (USD) by year
PeriodRevenue (USD)
2025767.81M
2024767.92M
2023739.57M
2022727.04M
2021624.09M
2020609.23M
2019731.34M
2018732.74M
2017712.47M
2016678M
Net Income (USD)
-20M020M40M60M80M2016201720182019202020212022202320242025
ESRT Net Income (USD) by year
PeriodNet Income (USD)
202547.6M
202451.64M
202353.24M
202240.64M
2021-6.51M
2020-12.52M
201951.19M
201866.54M
201763.58M
201652.39M
Operating Income (USD)
050M100M150M200M2016201720182019202020212022202320242025
ESRT Operating Income (USD) by year
PeriodOperating Income (USD)
2025135.64M
2024158.71M
2023146.71M
2022127.03M
202179.13M
202058.66M
2019154.71M
2018192.08M
2017195.84M
2016184.54M
EBITDA (USD)
0100M200M300M400M2016201720182019202020212022202320242025
ESRT EBITDA (USD) by year
PeriodEBITDA (USD)
2025357.12M
2024380.46M
2023375.38M
2022384.82M
2021292.82M
2020251.05M
2019347.55M
2018360.59M
2017356.56M
2016339.75M
Cash Flows (USD)
-100M0100M200M300M2016201720182019202020212022202320242025
ESRT Cash Flows (USD) by year
PeriodCash Flows (USD)
202550.55M
202487.99M
202393.16M
202284.91M
2021117.45M
2020215.93M
2019-17.66M
201836M
2017-31.56M
201636.21M
EPS (USD)
-0.100.10.20.30.42016201720182019202020212022202320242025
ESRT EPS (USD) by year
PeriodEPS (USD)
20250.21
20240.26
20230.31
20220.24
2021-0.02
2020-0.05
20190.2
20180.35
20170.24
20160.27
Expenses (USD)
-100M0100M200M300M400MSG&ACapex2016201720182019202020212022202320242025
ESRT Expenses (USD) by year
PeriodExpenses (USD)
2025271.34M
2024243.14M
2023203.27M
2022188.03M
2021150.98M
202028.6M
2019311.32M
2018295.7M
2017273.33M
2016231.45M
Cash & Debt (USD)
01B2B3BCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
ESRT Cash & Debt (USD) by year
PeriodCash & Debt (USD)
2025166.51M
2024385.46M
2023346.62M
2022264.43M
2021423.69M
2020526.71M
2019233.95M
2018604.98M
2017464.34M
2016554.37M
Debt ratios
00.511.5220182019202020212022202320242025
ESRT Debt ratios by year
PeriodDebt ratios
20251.52
20241.46
20231.47
20221.58
20211.53
20201.25
20191.04
20180.95
Margins
0%20%40%60%2016201720182019202020212022202320242025
ESRT Margins by year
PeriodMargins
20251.79%
202453.88%
202354.16%
202255.8%
202155.22%
202052.22%
201954.33%
201856.4%
201757.11%
201657.36%
Return on Capital
-2%0%2%4%2016201720182019202020212022202320242025
ESRT Return on Capital by year
PeriodReturn on Capital
20252.61%
20242.9%
20233.08%
20222.41%
2021-0.39%
2020-0.72%
20192.63%
20183.34%
20173.21%
20162.64%
Shares Outstanding
050M100M150M200M2016201720182019202020212022202320242025
ESRT Shares Outstanding by year
PeriodShares Outstanding
2025168.69M
2024164.9M
2023161.97M
2022161.72M
2021172.82M
2020171.97M
2019180.17M
2018171.83M
2017159.99M
2016153.27M
Dividends (USD)
00.20.40.62017201820192020202120222023202420252026
ESRT Dividends (USD) by year
PeriodDividends (USD)
20260.11
20250.14
20240.14
20230.14
20220.14
20210.11
20200.21
20190.42
20180.42
20170.42
Employee Count
02505007501K2016201720182019202020212022202320242025
ESRT Employee Count by year
PeriodEmployee Count
2025642
2024667
2023666
2022667
2021693
2020755
2019831
2018813
2017831
2016819
Book Value Per Share (USD)
0510152016201720182019202020212022202320242025
ESRT Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
202510.8
202410.81
202310.69
202210.41
20219.75
202010.07
201910.81
201811.59
201712.36
201612.94
Total Assets (USD)
02B4B6B2016201720182019202020212022202320242025
ESRT Total Assets (USD) by year
PeriodTotal Assets (USD)
20254.47B
20244.51B
20234.22B
20224.16B
20214.28B
20204.15B
20193.93B
20184.2B
20173.93B
20163.89B
PE Ratio
0255075100125med 27.54Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
ESRT PE Ratio by year
PeriodPE Ratio
Sep 26100.87
Sep 26100.64
Sep 26106.75
Aug 26107.93
Aug 26113.34
Aug 26111.69
Aug 26113.81
Jul 2621.8
Jul 2624.38
Jul 2624.86
Jul 2623.39
Jul 2624.51
Jun 2623.13
Jun 2622.57
Jun 2623.44
Jun 2622.7
May 2624.69
May 2624.04
May 2623.18
May 2624.6
May 2619.92
Apr 2619.7
Apr 2619.49
Apr 2618.43
Apr 2618.29
Mar 2617.58
Mar 2618
Mar 2618.36
Mar 2619.6
Feb 2625.46
Feb 2625.67
Feb 2627.15
Feb 2629.22
Jan 2628.7
Jan 2629.01
Jan 2628.49
Jan 2627.66
Jan 2628.01
Dec 2527.97
Dec 2528.49
Dec 2530.05
Dec 2529.22
Nov 2530.44
Nov 2528.83
Nov 2531
Nov 2532.25
Oct 2527.87
Oct 2530.05
Oct 2527.41
Oct 2527.04
Oct 2529.3
Sep 2528.85
Sep 2528.02
Sep 2529.83
Sep 2530.05
Aug 2528.85
Aug 2528.89
Aug 2528.02
Aug 2527.08
Aug 2521.65
Jul 2522.53
Jul 2523.08
Jul 2524.83
Jul 2525.2
Jun 2524.5
Jun 2525.95
Jun 2525.92
Jun 2525.44
May 2523.2
May 2522.05
May 2523.65
May 2522.17
May 2523.6
Apr 2522.8
Apr 2522.7
Apr 2522.48
Apr 2523.02
Mar 2525
Mar 2525.45
Mar 2525.61
Mar 2527.27
Feb 2529.6
Feb 2528.76
Feb 2530.29
Feb 2532.09
Jan 2531.79
Jan 2531.96
Jan 2532.02
Jan 2531.72
Jan 2534.12
Dec 2433.88
Dec 2433.75
Dec 2437.34
Dec 2436.21
Nov 2436.44
Nov 2436.84
Nov 2435.21
Nov 2436.14
Nov 2436.2
Oct 2437.61
Free Cash Flow Yield
0%5%10%15%med 6.49%Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
ESRT Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 2614.15%
Sep 2614.18%
Sep 2613.37%
Aug 2613.23%
Aug 2612.6%
Aug 2612.78%
Aug 2612.54%
Jul 266.97%
Jul 266.23%
Jul 266.11%
Jul 266.5%
Jul 266.2%
Jun 266.57%
Jun 266.73%
Jun 266.48%
Jun 266.69%
May 266.16%
May 266.32%
May 266.56%
May 266.18%
May 265.33%
Apr 265.39%
Apr 265.45%
Apr 265.76%
Apr 265.81%
Mar 266.04%
Mar 265.9%
Mar 265.79%
Mar 265.42%
Feb 268.02%
Feb 267.95%
Feb 267.52%
Feb 266.98%
Jan 267.11%
Jan 267.04%
Jan 267.16%
Jan 267.38%
Jan 267.29%
Dec 257.3%
Dec 257.16%
Dec 256.79%
Dec 256.98%
Nov 256.7%
Nov 257.08%
Nov 256.58%
Nov 256.33%
Oct 255.02%
Oct 254.65%
Oct 255.1%
Oct 255.17%
Oct 254.77%
Sep 254.85%
Sep 254.99%
Sep 254.69%
Sep 254.65%
Aug 254.85%
Aug 254.84%
Aug 254.99%
Aug 255.17%
Aug 259.3%
Jul 258.94%
Jul 258.72%
Jul 258.11%
Jul 257.99%
Jun 258.22%
Jun 257.76%
Jun 257.77%
Jun 257.91%
May 258.68%
May 259.13%
May 258.51%
May 259.08%
May 257.22%
Apr 257.47%
Apr 257.5%
Apr 257.58%
Apr 257.4%
Mar 256.81%
Mar 256.69%
Mar 256.65%
Mar 256.25%
Feb 255.76%
Feb 254.59%
Feb 254.36%
Feb 254.11%
Jan 254.15%
Jan 254.13%
Jan 254.12%
Jan 254.16%
Jan 253.87%
Dec 243.9%
Dec 243.91%
Dec 243.54%
Dec 243.65%
Nov 243.62%
Nov 243.58%
Nov 243.75%
Nov 243.65%
Nov 244.35%
Oct 244.19%
Price to Sales
0.511.522.5med 1.57Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
ESRT Price to Sales by year
PeriodPrice to Sales
Sep 260.94
Sep 260.93
Sep 260.99
Aug 261
Aug 261.05
Aug 261.04
Aug 261.06
Jul 261.11
Jul 261.24
Jul 261.27
Jul 261.19
Jul 261.25
Jun 261.18
Jun 261.15
Jun 261.19
Jun 261.16
May 261.26
May 261.22
May 261.18
May 261.25
May 261.23
Apr 261.22
Apr 261.21
Apr 261.14
Apr 261.13
Mar 261.09
Mar 261.12
Mar 261.14
Mar 261.21
Feb 261.3
Feb 261.31
Feb 261.39
Feb 261.49
Jan 261.46
Jan 261.48
Jan 261.45
Jan 261.41
Jan 261.43
Dec 251.43
Dec 251.45
Dec 251.53
Dec 251.49
Nov 251.55
Nov 251.47
Nov 251.58
Nov 251.65
Oct 251.62
Oct 251.75
Oct 251.59
Oct 251.57
Oct 251.7
Sep 251.68
Sep 251.63
Sep 251.73
Sep 251.75
Aug 251.68
Aug 251.68
Aug 251.63
Aug 251.57
Aug 251.56
Jul 251.62
Jul 251.66
Jul 251.79
Jul 251.81
Jun 251.76
Jun 251.87
Jun 251.87
Jun 251.83
May 251.67
May 251.59
May 251.7
May 251.6
May 251.59
Apr 251.53
Apr 251.53
Apr 251.51
Apr 251.55
Mar 251.68
Mar 251.71
Mar 251.72
Mar 251.83
Feb 251.99
Feb 251.87
Feb 251.97
Feb 252.08
Jan 252.07
Jan 252.08
Jan 252.08
Jan 252.06
Jan 252.22
Dec 242.2
Dec 242.19
Dec 242.43
Dec 242.35
Nov 242.37
Nov 242.39
Nov 242.29
Nov 242.35
Nov 242.28
Oct 242.37
EV/EBITDA
891011med 8.97Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
ESRT EV/EBITDA by year
PeriodEV/EBITDA
Sep 269.13
Sep 269.13
Sep 269.27
Aug 269.3
Aug 269.42
Aug 269.38
Aug 269.43
Jul 268.66
Jul 268.94
Jul 268.99
Jul 268.83
Jul 268.96
Jun 268.8
Jun 268.74
Jun 268.84
Jun 268.76
May 268.97
May 268.9
May 268.81
May 268.96
May 269.02
Apr 268.99
Apr 268.96
Apr 268.82
Apr 268.8
Mar 268.71
Mar 268.76
Mar 268.81
Mar 268.98
Feb 268.53
Feb 268.55
Feb 268.72
Feb 268.96
Jan 268.9
Jan 268.93
Jan 268.87
Jan 268.78
Jan 268.82
Dec 258.81
Dec 258.87
Dec 259.05
Dec 258.96
Nov 259.1
Nov 258.91
Nov 259.16
Nov 259.3
Oct 259.13
Oct 259.4
Oct 259.07
Oct 259.02
Oct 259.31
Sep 259.25
Sep 259.14
Sep 259.37
Sep 259.4
Aug 259.25
Aug 259.25
Aug 259.14
Aug 259.03
Aug 258.3
Jul 258.43
Jul 258.51
Jul 258.77
Jul 258.82
Jun 258.72
Jun 258.93
Jun 258.93
Jun 258.86
May 258.53
May 258.36
May 258.59
May 258.37
May 258.72
Apr 258.61
Apr 258.6
Apr 258.57
Apr 258.64
Mar 258.91
Mar 258.97
Mar 258.99
Mar 259.22
Feb 259.53
Feb 259.33
Feb 259.53
Feb 259.77
Jan 259.73
Jan 259.75
Jan 259.76
Jan 259.72
Jan 2510.04
Dec 2410.01
Dec 249.99
Dec 2410.46
Dec 2410.31
Nov 2410.34
Nov 2410.4
Nov 2410.18
Nov 2410.3
Nov 2410
Oct 2410.18
Price/Operating Cashflow
2468med 4.53Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
ESRT Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Sep 263.22
Sep 263.22
Sep 263.41
Aug 263.45
Aug 263.62
Aug 263.57
Aug 263.64
Jul 263.68
Jul 264.11
Jul 264.19
Jul 263.95
Jul 264.14
Jun 263.9
Jun 263.81
Jun 263.95
Jun 263.83
May 264.16
May 264.06
May 263.91
May 264.15
May 263.81
Apr 263.77
Apr 263.73
Apr 263.52
Apr 263.5
Mar 263.36
Mar 263.44
Mar 263.51
Mar 263.75
Feb 263.75
Feb 263.78
Feb 264
Feb 264.31
Jan 264.23
Jan 264.28
Jan 264.2
Jan 264.08
Jan 264.13
Dec 254.12
Dec 254.2
Dec 254.43
Dec 254.31
Nov 254.49
Nov 254.25
Nov 254.57
Nov 254.75
Oct 254.74
Oct 255.11
Oct 254.66
Oct 254.6
Oct 254.98
Sep 254.9
Sep 254.76
Sep 255.07
Sep 255.11
Aug 254.9
Aug 254.91
Aug 254.76
Aug 254.6
Aug 254.38
Jul 254.55
Jul 254.66
Jul 255.02
Jul 255.09
Jun 254.95
Jun 255.25
Jun 255.24
Jun 255.14
May 254.69
May 254.46
May 254.78
May 254.48
May 254.67
Apr 254.51
Apr 254.49
Apr 254.45
Apr 254.56
Mar 254.95
Mar 255.04
Mar 255.07
Mar 255.4
Feb 255.86
Feb 255.77
Feb 256.07
Feb 256.43
Jan 256.37
Jan 256.41
Jan 256.42
Jan 256.36
Jan 256.84
Dec 246.79
Dec 246.77
Dec 247.49
Dec 247.26
Nov 247.31
Nov 247.39
Nov 247.06
Nov 247.25
Nov 247.34
Oct 247.63
Price to Book
0.40.60.811.2med 0.67Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
ESRT Price to Book by year
PeriodPrice to Book
Sep 260.41
Sep 260.41
Sep 260.43
Aug 260.44
Aug 260.46
Aug 260.45
Aug 260.46
Jul 260.47
Jul 260.53
Jul 260.54
Jul 260.51
Jul 260.53
Jun 260.5
Jun 260.49
Jun 260.51
Jun 260.49
May 260.54
May 260.52
May 260.5
May 260.53
May 260.52
Apr 260.51
Apr 260.51
Apr 260.48
Apr 260.48
Mar 260.46
Mar 260.47
Mar 260.48
Mar 260.51
Feb 260.55
Feb 260.56
Feb 260.59
Feb 260.64
Jan 260.62
Jan 260.63
Jan 260.62
Jan 260.6
Jan 260.61
Dec 250.61
Dec 250.62
Dec 250.65
Dec 250.64
Nov 250.66
Nov 250.63
Nov 250.67
Nov 250.7
Oct 250.7
Oct 250.75
Oct 250.68
Oct 250.67
Oct 250.73
Sep 250.72
Sep 250.7
Sep 250.74
Sep 250.75
Aug 250.72
Aug 250.72
Aug 250.7
Aug 250.68
Aug 250.67
Jul 250.7
Jul 250.71
Jul 250.77
Jul 250.78
Jun 250.76
Jun 250.8
Jun 250.8
Jun 250.79
May 250.72
May 250.68
May 250.73
May 250.69
May 250.68
Apr 250.66
Apr 250.66
Apr 250.65
Apr 250.67
Mar 250.72
Mar 250.74
Mar 250.74
Mar 250.79
Feb 250.86
Feb 250.81
Feb 250.85
Feb 250.91
Jan 250.9
Jan 250.9
Jan 250.9
Jan 250.9
Jan 250.96
Dec 240.96
Dec 240.95
Dec 241.05
Dec 241.02
Nov 241.03
Nov 241.04
Nov 240.99
Nov 241.02
Nov 240.98
Oct 241.02
Empire State Realty Trust, Inc.
ESRT
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News: ESRT

Inovalis Real Estate Investment Trust (OTCMKTS:IVREF) & Empire State Realty Trust (NYSE:ESRT) Financial Analysis

defenseworld.net · 14 Aug 2026

Inovalis Real Estate Investment Trust (OTCMKTS:IVREF) & Empire State Realty Trust (NYSE:ESRT) Financial Analysis

Empire State Realty Trust (NYSE: ESRT - Get Free Report) and Inovalis Real Estate Investment Trust (OTCMKTS:IVREF - Get Free Report) are both real estate companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, profitability, valuation, analyst recommendations, dividends, earnings and risk. Analyst Recommendations

COPT Defense Properties (NYSE:CDP) vs. Empire State Realty Trust (NYSE:ESRT) Head to Head Comparison

defenseworld.net · 13 Aug 2026

COPT Defense Properties (NYSE:CDP) vs. Empire State Realty Trust (NYSE:ESRT) Head to Head Comparison

Empire State Realty Trust (NYSE: ESRT - Get Free Report) and COPT Defense Properties (NYSE: CDP - Get Free Report) are both real estate companies, but which is the better business? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, profitability, risk, earnings, valuation and institutional ownership. Institutional and Insider Ownership

Empire State Realty Trust Announces Dividend for Third Quarter 2026

businesswire.com · 5 Aug 2026

Empire State Realty Trust Announces Dividend for Third Quarter 2026

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that its Board of Directors has declared a dividend of $0.035 per share for the third quarter of 2026, payable to holders of the Company's Class A common stock and Class B common stock and to holders of Empire State Realty OP, L.P.'s (“ESRO”) Series ES, Series 250 and Series 60 operating partnership units (NYSE Arca: ESBA, FISK and OGCP, respectively) and Series PR operating partnership unit.

Empire State Realty Trust Q2 Earnings Call Highlights

marketbeat.com · 31 Jul 2026

Empire State Realty Trust Q2 Earnings Call Highlights

Empire State Realty Trust NYSE: ESRT reported stronger office leasing and continued multifamily growth in the second quarter of 2026, while lower visitation at the Empire State Building Observation Deck weighed on results and prompted the company to reduce its full-year core FFO outlook.

Empire State Realty Trust, Inc. (ESRT) Q2 2026 Earnings Call Transcript

seekingalpha.com · 30 Jul 2026

Empire State Realty Trust, Inc. (ESRT) Q2 2026 Earnings Call Transcript

Empire State Realty Trust, Inc. (ESRT) Q2 2026 Earnings Call Transcript

Empire State Realty Trust Announces Second Quarter 2026 Results

businesswire.com · 29 Jul 2026

Empire State Realty Trust Announces Second Quarter 2026 Results

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) 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 Observation Deck. The Company is a recognized leader in energy efficiency and indoor environmental quality. Today the Company reported its operational and financial.

Empire State Realty Trust (NYSE:ESRT) Stock Crosses Below 200 Day Moving Average   – What’s Next?

defenseworld.net · 22 Jul 2026

Empire State Realty Trust (NYSE:ESRT) Stock Crosses Below 200 Day Moving Average – What’s Next?

Empire State Realty Trust, Inc. (NYSE: ESRT - Get Free Report)'s share price passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $5.72 and traded as low as $5.52. Empire State Realty Trust shares last traded at $5.5380, with a volume of 1,029,147 shares traded. Wall

Empire State Realty Trust, Inc. $ESRT Shares Acquired by Bessemer Group Inc.

defenseworld.net · 22 Jul 2026

Empire State Realty Trust, Inc. $ESRT Shares Acquired by Bessemer Group Inc.

Bessemer Group Inc. raised its position in Empire State Realty Trust, Inc. (NYSE: ESRT) by 56.1% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 712,061 shares of the real estate investment trust's stock after buying an additional 255,804 shares

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