Empire State Realty Trust, Inc. ESRT R2K
Company Overview
Empire State Realty Trust, Inc. is a NYC-focused REIT that owns and operates a portfolio of well-leased, modernized well-located offices 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 March 31, 2026, ESRT's portfolio is comprised of approximately 8.0 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 and is based in New York.
Why Investors Should Care
Trades at a P/E of 26.4, below the sector median of 27.4.
Operating margin of 15.6% supports profitability.
Offers a dividend yield of 2.57%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $766.79M (+0.0% YoY); net profit $43.40M.
- Trailing 12 Months Year-on-year growth — revenue +4.9%, earnings -86.8%.
- 5-Year Trend Long-term compounding — revenue CAGR 7.1%, profit CAGR 4.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 7.07% |
| 1 Year: | 4.90% |
Compounded Profit Growth
| 5 Years: | 4.53% |
| 1 Year: | -86.80% |
Stock Price Performance
| 1 Year: | -31.31% |
| 6 Months: | -12.16% |
| 3 Months: | +5.60% |
| 1 Month: | +3.26% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMABelow
- RSI (14)54.77 · Neutral
P/E of 26.38 is below the sector median of 27.36 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Attractive dividend yield of 2.57%.
- Generates positive free cash flow.
CONS
- Trading 31.3% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ESRT Empire State Realty Trust, Inc. R2K | 5.54 | 26.38 | $949.89M | 2.57% | 3.56% | 3.34% | 7.07% | 4.53% |
| 2 | WELL Welltower Inc. SPX | 236.00 | 113.46 | $166.60B | 1.25% | 0.26% | 3.67% | 22.69% | 87.90% |
| 3 | PLD Prologis, Inc. SPX | 142.49 | 35.71 | $132.85B | 2.88% | - | 6.84% | 14.83% | 36.55% |
| 4 | EQIX Equinix, Inc. SPX | 1,023.54 | 70.74 | $100.95B | 1.87% | 5.10% | 10.06% | 16.33% | 16.02% |
| 5 | AMT American Tower Corporation SPX | 168.83 | 27.23 | $78.66B | 3.73% | 7.82% | 29.95% | 3.34% | 12.73% |
| 6 | SPG Simon Property Group, Inc. SPX | 221.28 | 15.38 | $71.76B | 4.02% | - | 113.59% | 3.14% | 14.02% |
| 7 | DLR Digital Realty Trust, Inc. SPX | 173.11 | 45.80 | $60.83B | 2.65% | - | 5.69% | 15.18% | 18.41% |
| 8 | O Realty Income Corporation SPX | 63.77 | 52.27 | $59.47B | 5.18% | - | 2.83% | 24.73% | 13.04% |
| 9 | PSA Public Storage SPX | 318.93 | 32.95 | $55.99B | 3.68% | - | 20.18% | 5.67% | 7.85% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 180.91M | 189.17M | - | - | 180.07M | 190.79M | 197.73M | 199.22M | 188.97M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 88.56M | 89.64M | 92.04M | 94.78M | 92.56M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 91.51M | 101.14M | 105.69M | 104.45M | 96.41M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 65.72M | 66.49M | 66.36M | 69.04M | 68.31M |
| Operating Income | 45.34M | 37.23M | 34.10M | 44.16M | 53.44M | 52.20M | 36.05M | 50.66M | 56.01M | 50.19M | 34.16M | 49.66M | 48.54M | 58.49M | 26.08M | 36.24M | 45.28M | 47.11M | 26.97M | 334.00K | 11.93M | 19.43M | 18.35M | 26.48M | 13.20M | 6.05M | 46.50M | 35.53M | 17.49M | 46.19M | 42.26M | 31.06M | 39.36M | - | - | 25.79M | 34.66M | 39.33M | 35.41M | 28.10M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 92.68M | 85.91M | 91.69M | 109.67M | 81.58M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 27.59M | 25.13M | 25.19M | 25.88M | 28.14M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15.16M | 11.86M | 15.29M | 33.23M | 1.93M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -619.00K | 478.00K | 1.65M | 1.05M | -1.06M |
| Net Income | 11.22M | 8.25M | 7.43M | 11.09M | 15.97M | 16.97M | 9.98M | 16.58M | 18.81M | 17.27M | 9.77M | 16.65M | 16.34M | 22.84M | 5.68M | 11.09M | 15.88M | 16.80M | 4.50M | -12.79M | -8.20M | -210.00K | - | - | - | - | - | - | - | - | - | - | - | - | - | 10.27M | 7.57M | 9.04M | 20.73M | 2.29M |
| Diluted EPS | 0.10 | - | 0.06 | 0.09 | 0.12 | - | 0.06 | 0.10 | 0.12 | - | 0.06 | 0.10 | 0.10 | - | 0.03 | 0.06 | 0.09 | - | 0.02 | -0.07 | -0.05 | - | -0.02 | 0.01 | -0.04 | -0.07 | 0.18 | 0.03 | 0.04 | 0.14 | 0.07 | 0.03 | 0.10 | - | - | 0.05 | 0.04 | 0.05 | 0.12 | 0.01 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 294.79M | 260.29M | 206.07M | 635.33M | 657.63M | 677.35M | 709.53M | 731.51M | 731.34M | 609.23M | 624.09M | 725.68M | 738.22M | 766.75M | 766.79M |
| Operating Income | - | 88.69M | - | 141.32M | 151.37M | 183.90M | 192.90M | 190.86M | 154.71M | 58.66M | 79.13M | 127.03M | 146.71M | 158.71M | 135.65M |
| Net Income | - | - | - | 26.67M | 33.73M | 51.46M | 62.65M | 65.60M | 49.45M | -16.71M | -10.71M | 36.44M | 49.04M | 47.44M | 43.40M |
| Diluted EPS | - | - | - | 0.27 | 0.29 | 0.38 | 0.39 | 0.39 | 0.28 | -0.10 | -0.06 | 0.22 | 0.30 | 0.28 | 0.25 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2011 | Dec 2012 | Oct 2013 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | 975.67M | 1.03B | 2.46B | 3.28B | 3.30B | 3.89B | 3.93B | 4.20B | 3.93B | 4.15B | - | 4.16B | 4.22B | 4.51B | 4.47B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | 614.51M | 702.42M | 878.90M | 443.84M |
| Cash & Equivalents | - | - | 116.96M | 60.74M | 45.73M | 46.69M | 554.37M | 464.34M | 204.98M | 233.95M | 526.71M | - | 264.43M | 346.62M | 385.46M | 132.66M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | 24.10M | 39.84M | 31.43M | 22.06M |
| Total Liabilities | - | - | - | 1.47B | 1.90B | 1.93B | 1.91B | 1.95B | 2.20B | 1.98B | 2.42B | - | 2.48B | 2.49B | 2.73B | 2.65B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | 551.54M | 559.25M | 766.49M | 661.81M |
| Long Term Debt | - | - | - | 883.11M | 899.00M | 747.66M | 759.02M | 717.16M | 608.57M | - | - | - | 1.86B | 1.85B | 1.89B | 1.89B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | 2.27B | 2.27B | 2.48B | 2.40B |
| Total Equity | 1.29M | -10.86M | -139.98M | 385.16M | 468.64M | 524.73M | 1.15B | 1.17B | 1.24B | 1.23B | 1.06B | - | 954.38M | 985.52M | 1.03B | 1.06B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | 161.13M | 163.05M | 167.38M | 170.50M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 138.56M | 203.19M | 214.75M | 194.20M | 279.02M | 232.59M | 182.29M | 212.49M | 211.17M | 232.49M | 260.89M | 249.05M |
| Investing Cash Flow | -299.06M | -142.32M | -182.38M | -223.01M | -643.02M | 149.74M | -143.12M | -212.74M | -230.89M | -77.34M | -397.12M | -550.01M |
| Financing Cash Flow | 145.49M | -59.92M | 470.94M | -56.88M | 104.62M | -381.55M | 257.17M | -93.05M | -140.24M | -62.87M | 158.58M | 38.17M |
| Share Buybacks | - | - | - | - | 0 | 0 | 143.71M | 46.70M | 90.18M | 13.11M | 0 | 8.12M |
| Dividends Paid | 33.60M | 39.18M | 55.81M | 66.79M | 70.85M | - | - | - | - | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | - | 34.1% | - | 22.2% | 23.0% | 27.1% | 27.2% | 26.1% | 21.2% | 9.6% | 12.7% | 17.5% | 19.9% | 20.7% | 17.7% |
| Net Margin % | - | - | - | 4.2% | 5.1% | 7.6% | 8.8% | 9.0% | 6.8% | -2.7% | -1.7% | 5.0% | 6.6% | 6.2% | 5.7% |
| ROE % | - | - | - | 5.7% | 6.4% | 4.5% | 5.4% | 5.3% | 4.0% | -1.6% | - | 3.8% | 5.0% | 4.6% | 4.1% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | 3.5% | 4.0% | 4.2% | 3.6% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 9.84% | 16.88M | $95.78M |
| 2 | Ameriprise Financial, Inc. | 7.33% | 12.56M | $71.31M |
| 3 | Vanguard Portfolio Management LLC | 7.21% | 12.36M | $70.13M |
| 4 | Cohen & Steers Inc. | 6.16% | 10.56M | $59.92M |
| 5 | LaSalle Investment Management Securities LLC | 5.28% | 9.06M | $51.41M |
| 6 | Southeastern Asset Management Inc/TN/ | 3.78% | 6.47M | $36.74M |
| 7 | Vanguard Capital Management LLC | 3.50% | 5.99M | $34.01M |
| 8 | State Street Corporation | 3.50% | 6.00M | $34.05M |
| 9 | Sumitomo Mitsui Trust Group, Inc. | 2.86% | 4.91M | $27.84M |
| 10 | Geode Capital Management, LLC | 2.12% | 3.63M | $20.58M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ESRT
Empire State Realty Trust (ESRT) Stock is Nearing True Value - Yahoo Finance
<a href="https://news.google.com/rss/articles/CBMilwFBVV95cUxNdnE0UFdNbzJhWHJjZFZXd1MyUFB0MEQ5NGs2M0VtUzVoOEpKNTRJZXJXOHQ5QklnenRLeDN3SHc5T3gydVNPNG51dHBkaUJIanRMSENNSHJNODBIU0FPaDdJaXp3ejZZeTZaNFlTb19McjhqZ0tEb1VIamMyQll2bkRkeU04WERMZ1BnT3…
New Empire State Building family ticket bundles cut online visit costs - Stock Titan
<a href="https://news.google.com/rss/articles/CBMiugFBVV95cUxQd1drczliajlzOUlYV3JSdXZuTFNaSlZ5UlE2cVBKOXZ2R2RjcWVOSWJYeVE1a3kwQjFSTVVMWFNwQWVVX1RGMGEtWi1TUnR3QnYzNE5vLW1ZY2phQjc5YmtGSl9XX0otNFNxZXVxT0ZFU1o5SmIzX2tMMHRuZk9heGlySnlYRHhtcVNTZz…
Sumitomo Mitsui Trust Group Inc. Boosts Stock Holdings in Empire State Realty Trust, Inc. $ESRT - MarketBeat
<a href="https://news.google.com/rss/articles/CBMi5wFBVV95cUxNSjZuNXdIYmZmcWlCSzFsOHZPZEFidEhqaU9PcGpaYnZyMlMzOHRVZXljbngySDI0Rl9DRlBoYWI0U0tzb1lGeFpQdVJaVkpyeGxNVnhrUEJwYXBoX296d0dvT0Q1VmVvS0tIRzNpUTAzdWRsU2N5R3BtRktsTzBMYlZHcTV6QkhNMXVySX…
Is Empire State Realty Trust (ESRT) Pricing Reflect Recent Share Slump And Office REIT Concerns - simplywall.st
<a href="https://news.google.com/rss/articles/CBMi3gFBVV95cUxNZkhnU292RzF1VzRGSHlSbk96Y3V0RENhQ3ZSR0hWa0tEUFo3ZjZVbzZXR3h6anc0SGhmZFR5YXVtWmpyQ29FQmYydWF5dDRDSTEzS3U2a09Gcl81LVpzaUpLX3pvUzd6Z0tGQjVfcW92Q3h6NVpVa1I0VFZZM01ObTJud1VSTTg5VElWaD…
Empire State Realty Trust (NYSE:ESRT) Share Price Passes Below 200-Day Moving Average - Should You Sell? - MarketBeat
<a href="https://news.google.com/rss/articles/CBMi5wFBVV95cUxQUUJ5LTl4S3hzOGl4WTVuWll0dFI3VHZCRFpuYmlGQTVveEhjYmN4V0dRWU1tcGwzcXB1aWVvczJUYk5yejlqR2tVQVZMbFJMbTVOMk9BUDBhZFZpSjYyOUJjSU1WZkl4U3pmYjF5OE04Y0k2TTFGcU5zWTVhU2JPdU9mLVdvSHBiWmZYMm…
Empire State Realty Trust, Inc. (ESRT) Stock Price Today & Analysis - Gotrade
<a href="https://news.google.com/rss/articles/CBMiV0FVX3lxTE9Sa1lMMk8xcnkwdHBrekxzQm4ydDBTczlPNllDdHNtZlZRenAxUktxcnJxWk02WjhDaHYweUdObWJ6cDY3LWJxNGFadUtsb0RZQk9xRlhwYw?oc=5" target="_blank">Empire State Realty Trust, Inc. (ESRT) Stock Pric…
ESRT — Frequently Asked Questions
What is the current share price of Empire State Realty Trust, Inc. (ESRT)?
As of 2026-07-14 21:23 PDT, Empire State Realty Trust, Inc. (ESRT) trades at $5.54 on NYSE. Its 52-week range is $4.93 to $8.07.
What is the market capitalisation of ESRT?
Empire State Realty Trust, Inc. (ESRT) has a market capitalisation of $949.89M on NYSE.
What is the P/E ratio of ESRT?
ESRT trades at a trailing price-to-earnings (P/E) ratio of 26.38. The industry average P/E is 27.36. Its price-to-book (P/B) ratio is 0.88.
Does ESRT pay a dividend?
Empire State Realty Trust, Inc. (ESRT) currently offers a dividend yield of 2.57%.
What is the return on equity (ROE) of ESRT?
ESRT has a return on equity (ROE) of 3.34%. Its return on capital employed (ROCE) is 3.56%.
Is ESRT a good stock to buy?
This page provides a data-driven analysis of Empire State Realty Trust, Inc. (ESRT), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.