Empire State Realty Trust, Inc. ESRT R2KR3K

Real Estate · REIT - Diversified · United States

https://www.esrtreit.com

Company Profile ↓

$4.54

-38.33% 1Y

Mkt Cap$781.63M

P/E227.00

P/B0.79

Div. Yield2.95%

52W High$7.83

52W Low$4.39

Book Value$6.01

EPS (TTM)$0.02

Company Overview

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. The Company is a recognized leader in energy efficiency and indoor environmental quality. As of June 30, 2026, ESRT's portfolio is comprised of approximately 7.5 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

Healthy Margins

Operating margin of 16.7% supports profitability.

Dividend Income

Offers a dividend yield of 2.95%.

Positive Free Cash Flow

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 +3.2%, 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:	3.20%

Compounded Profit Growth

5 Years:	4.53%
1 Year:	-86.80%

Stock Price Performance

1 Year:	-38.33%
6 Months:	-16.82%
3 Months:	-13.29%
1 Month:	-6.97%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish

52-Week Range 4% of range

$4.39 $7.83

Trend Signals

Price vs 50-DMABelow
Price vs 200-DMABelow
RSI (14)39.01 · Neutral

Price Performance

1M-6.97%

3M-13.29%

6M-16.82%

1Y-38.33%

Valuation vs Sector

P/E of 227.00 is above the sector median of 24.38 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

Price Chart

Robinhood TradingView

Fundamental Growth Charts

Period: Metric:

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 2.95%.
Generates positive free cash flow.

CONS

Trading at a high P/E of 227.0.
Trading 42.0% below its 52-week high.
In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Valuation

Stock P/E

227.00

Industry PE

24.38

Forward P/E

75.67

PEG Ratio

37.36

Book Value

$6.01

Price to Book

0.79

P/S

1.86

EV/EBITDA

11.57

Dividend Yield

2.95%

Growth (CAGR)

Revenue 5Y

7.07%

Profit 5Y

4.53%

Revenue (YoY)

3.20%

Earnings (YoY)

-86.80%

Profitability & Returns

ROCE

3.56%

ROE

0.52%

ROA

2.05%

Profit Margin

0.93%

Op Margin

16.73%

Gross Margin

52.31%

EPS (Latest Qtr)

$0.01

EPS (TTM)

$0.02

Balance Sheet & Liquidity

Debt/Equity

1.24

Quick Ratio

1.30

Current Ratio

1.45

Debt

$2.23B

Total Assets

$4.41B

Current Assets

$443.84M

Working Capital

$-217.97M

Ownership

Promoter Holding

0.08%

Chg in Prom Hold

FII / Inst Holding

102.28%

Chg in FII Hold

0.03%

Financial Snapshot

Enterprise Value

$781.63M

Total Revenue (TTM)

$782.82M

EBITDA

$320.08M

Free Cash Flow

$284.91M

Operating Cash Flow

$227.64M

Shares Outstanding

172.17M

Gross Margin

52.31%

Payout Ratio

700.00%

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. R2KR3K	4.54	227.00	$781.63M	2.95%	3.56%	0.52%	7.07%	4.53%
2	WELL Welltower Inc. SPXR3K	236.17	106.38	$170.18B	1.44%	0.54%	3.84%	22.26%	11.10%
3	PLD Prologis, Inc. SPXR3K	137.34	30.59	$130.52B	3.08%	-	7.75%	16.83%	39.42%
4	EQIX Equinix, Inc. SPXR3K	1,035.98	66.49	$102.22B	1.96%	5.42%	10.73%	17.43%	17.11%
5	AMT American Tower Corporation SPXR3K	175.85	28.36	$81.94B	4.08%	8.76%	33.91%	12.41%	25.08%
6	DLR Digital Realty Trust, Inc. SPXR3K	188.39	241.53	$69.71B	2.44%	-	2.91%	15.18%	18.41%
7	SPG Simon Property Group, Inc. SPXR3K	209.44	14.57	$67.92B	3.97%	-	113.59%	3.14%	14.02%
8	O Realty Income Corporation SPXR3K	61.25	44.71	$57.95B	5.21%	-	3.23%	24.73%	13.04%
9	PSA Public Storage SPXR3K	302.01	28.74	$56.40B	3.67%	-	21.93%	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

Insiders

0.08%

Institutions

102.28%

Public Float

102.37%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Blackrock Inc.	10.38%	17.88M	$82.06M
2	Ameriprise Financial, Inc.	8.41%	14.49M	$66.49M
3	LaSalle Investment Management Securities LLC	7.61%	13.11M	$60.15M
4	Vanguard Portfolio Management LLC	7.27%	12.51M	$57.43M
5	Southeastern Asset Management Inc/TN/	5.05%	8.70M	$39.92M
6	Sumitomo Mitsui Trust Group, Inc.	4.01%	6.91M	$31.70M
7	Vanguard Capital Management LLC	3.52%	6.06M	$27.81M
8	State Street Corporation	3.49%	6.01M	$27.57M
9	Geode Capital Management, LLC	2.34%	4.03M	$18.50M
10	CenterSquare Investment Management LLC	2.08%	3.58M	$16.43M

Analyst View

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Latest News

Recent headlines for ESRT

Google News Sat, 05 Sep 2026

ESRT Forecast — Price Target — Prediction for 2027 - TradingView

<a href="https://news.google.com/rss/articles/CBMid0FVX3lxTE5ZZDFzcENZWlI2MGN3MHN3SlhmM19fVllsSTZKMzl3U2RTVy1WTUIzNUJQM2prbkNjb3p2ejNXSy05RXktZndoWklYRnZvdHAyMkFuQzc0RWdGMDA3ajFiME1wMzUzMHFqbHdFcmVhbm5PUkdjcWVv?oc=5" target="_blank">ESRT Fo…

Google News ue, 14 Jul 2026

Empire State Realty Trust (ESRT) Stock is Nearing True Value - Yahoo Finance

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Google News Fri, 31 Jul 2026

Empire State Realty Trust (ESRT) Stock Confronts Observatory Reset After Guidance Cut - simplywall.st

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Google News hu, 03 Sep 2026

Empire State Realty Trust (NYSE:ESRT) Hits New 12-Month Low - What's Next? - marketbeat.com

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Google News ue, 04 Aug 2026

Empire State Realty: Prime NYC Real Estate At Attractive Discount (NYSE:ESRT) - Seeking Alpha

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Google News ue, 26 May 2026

ESRT - Finviz

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ESRT — Frequently Asked Questions

What is the current share price of Empire State Realty Trust, Inc. (ESRT)?

As of 2026-09-07 16:24 PDT, Empire State Realty Trust, Inc. (ESRT) trades at $4.54 on NYSE. Its 52-week range is $4.39 to $7.83.

What is the market capitalisation of ESRT?

Empire State Realty Trust, Inc. (ESRT) has a market capitalisation of $781.63M on NYSE.

What is the P/E ratio of ESRT?

ESRT trades at a trailing price-to-earnings (P/E) ratio of 227.00. The industry average P/E is 24.38. Its price-to-book (P/B) ratio is 0.79.

Does ESRT pay a dividend?

Empire State Realty Trust, Inc. (ESRT) currently offers a dividend yield of 2.95%.

What is the return on equity (ROE) of ESRT?

ESRT has a return on equity (ROE) of 0.52%. 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.

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Empire State Realty Trust, Inc. ESRT R2KR3K

Company Overview

Why Investors Should Care

Recent Developments

Growth & Price Performance

Compounded Sales Growth

Compounded Profit Growth

Stock Price Performance

Price Chart

Technical Trend

Fundamental Growth Charts

PROS

CONS

Valuation

Growth (CAGR)

Profitability & Returns

Balance Sheet & Liquidity

Ownership

Financial Snapshot

Peer comparison

Quarterly Results

Profit & Loss (Annual)

Balance Sheet (Annual)

Cash Flows (Annual)

Ratios (Annual)

Shareholding Pattern

Top Institutional Holders

Analyst View

Latest News

ESRT Forecast — Price Target — Prediction for 2027 - TradingView

Empire State Realty Trust (ESRT) Stock is Nearing True Value - Yahoo Finance

Empire State Realty Trust (ESRT) Stock Confronts Observatory Reset After Guidance Cut - simplywall.st

Empire State Realty Trust (NYSE:ESRT) Hits New 12-Month Low - What's Next? - marketbeat.com

Empire State Realty: Prime NYC Real Estate At Attractive Discount (NYSE:ESRT) - Seeking Alpha

ESRT - Finviz

ESRT — Frequently Asked Questions

What is the current share price of Empire State Realty Trust, Inc. (ESRT)?

What is the market capitalisation of ESRT?

What is the P/E ratio of ESRT?

Does ESRT pay a dividend?

What is the return on equity (ROE) of ESRT?

Is ESRT a good stock to buy?

Explore More