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Empire State Realty Trust, Inc.

ESRT

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Financial Statements

Values in Millions ($)
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Subscriber-only column
Common Class A
-1710169-16716701116402
Common Class B
-101-110-0010-0
Private Perpetual Preferred Units Series2019
-00000000000
Private Perpetual Preferred Units Series2014
-00000000000
Assets
Real Estate Investment Pr…
Land
839465459398398386386375341366366366
Development In Process
888888888888
Investment Building And Building Improvements
3,6293,7943,7393,5353,4983,4313,3923,2853,1543,3283,2813,246
Real Estate Investment Property At Cost
4,4764,2674,2063,9413,9043,8253,7873,6683,5033,7023,6553,620
Real Estate Investment Property Accumulated Deprec…
-1,336-1,401-1,367-1,382-1,341-1,307-1,274-1,241-1,206-1,289-1,250-1,218
Real Estate Investment Property Net
3,1412,8672,8392,5592,5632,5182,5122,4262,2972,4142,4052,402
Assets Of Disposal Group Including Discontinued Op…
----------00
Contract With Customer Asset Net
--0000170169167-0-
Cash And Cash Equivalents At Carrying Value
866913315495188385422536334347354
Restricted Cash And Cash Equivalents
433734444250444841526067
Accounts And Notes Receivable Net
212422272829313435404038
Deferred Rent Receivables Net
257261255259255252248244243257256254
Prepaid Expense And Other Assets
100639359856410282105749883
Deferred Costs Current And Noncurrent
258262268177182182184177172180172175
Operating Lease Right Of Use Asset
422828282828282828282828
Goodwill
325491491491491491491491491491491491
Assets
4,2734,4064,4694,1064,0794,1144,5104,4374,4334,1914,2194,217
Liabilities And Stockhold…
Liabilities
Notes Payable
443621619691691692692693700876877879
Convertible Debt
1,2711,2711,2711,0971,0971,0971,1971,1971,197974974974
Unsecured Debt
337337337269269269269269269269389389
Line Of Credit
1759014500012012012012000
Below Market Lease Net
363840161718191512131415
Operating Lease Liability
12828282828282828282828
Security Deposit Liability
372727312727252524253539
Liabilities Of Disposal Group Including Discontinu…
----------00
Liabilities
2,4832,5822,6472,3082,2902,3292,7282,6802,6822,4662,4882,483
Equity
Stockholders Equity
Preferred Stock Value
000000000000
Additional Paid In Capital
1,1011,0981,0911,0901,0861,0791,0781,0721,0691,0661,0611,059
Accumulated Other Comprehensive Income Loss Net Of…
13975671061312613
Retained Earnings Accumulated Deficit
-76-44-40-53-55-56-59-64-72-83-83-87
Stockholders Equity
1,7901,0641,0601,0441,7891,0321,7821,7571,0111,725986987
Minority Interest In Operating Partnerships
721730732725721724721712710699700700
Other Minority Interests
----0000001516
Private Perpetual Preferr…
Liabilities And Stockholders Equity
4,2734,4064,4694,1064,0794,1144,5104,4374,4334,1914,2194,217
Preferred Stock Par Or Stated Value Per Share
0.010.010.010.010.010.010.010.010.010.010.010.01
Preferred Stock Shares Authorized
505050505050505050505050
Preferred Stock Shares Issued
000000000000
Preferred Stock Shares Outstanding
000000000000

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
20262.14%-3.66%1.54%---------
20254.08%10.36%1.49%1.73%2.18%6.46%-3.57%-10.94%-7.63%-13.01%-2.49%-2.14%
20241.28%0.05%14.67%-4.03%0.27%-6.48%0.83%-5.96%-11.32%-13.65%-22.96%-15.38%
2023------9.31%13.21%18.59%0.05%-6.68%-2.70%

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Performance and Valuation Metrics

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Metrics
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Leverage & Debt
Interest Coverage TTM
-
-
-
-
-
-
6.32
3.10
2.02
1.58
1.45
1.42
Per Share Metrics
Diluted EPS TTM
0.08
0.25
0.27
0.13
0.15
0.19
0.18
0.25
0.27
0.29
0.32
0.37
Free Cash Flow Per Share TTM
0.61
0.35
0.30
0.47
0.37
0.66
0.53
0.40
0.46
0.41
0.58
0.58
Dividend Per Share TTM
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
Margin Metrics
Gross Profit Margin TTM
-
-
-
-
-
-
-
-
-
113.40%
113.72%
113.97%
Operating Profit Margin TTM
-4.40%
17.90%
17.66%
18.68%
19.41%
20.01%
20.67%
20.51%
20.32%
21.20%
19.84%
19.90%
Net Profit Margin TTM
2.64%
8.57%
9.50%
4.55%
5.26%
6.65%
6.18%
8.81%
9.75%
10.37%
11.41%
13.57%
Growth Metrics
Net Revenue Growth (1Y)
2.04%
1.53%
0.05%
0.45%
1.77%
1.41%
3.83%
4.84%
4.86%
3.92%
1.72%
3.10%
Net Income Growth (1Y)
-48.87%
30.89%
53.83%
-48.08%
-45.04%
-34.93%
-43.79%
-31.96%
-12.81%
-14.93%
33.53%
696.49%
EPS Growth (1Y)
-49.67%
28.21%
50.51%
-49.42%
-46.37%
-36.36%
-45.08%
-33.21%
-15.06%
-16.05%
36.78%
698.04%
Valuation Metrics
P/E TTM
44.74
13.21
14.86
36.49
32.92
24.96
34.78
26.27
20.17
20.28
17.69
12.55
P/B TTM
0.52
0.83
0.60
1.22
0.74
1.23
0.93
1.00
1.47
0.92
0.86
1.26
P/S TTM
1.18
1.13
1.41
1.66
1.73
1.66
2.15
2.31
1.97
2.10
2.02
1.70
Market Cap
925.32M
881.79M
1.08B
1.27B
1.33B
1.27B
1.65B
1.77B
1.48B
1.59B
1.49B
1.24B
Enterprise Value
2.51B
2.67B
2.81B
2.86B
2.98B
2.82B
3.11B
3.19B
2.80B
3.11B
2.94B
2.67B
Calculated Values
Free Cash Flow TTM
103.84M
60.20M
50.55M
79.78M
62.45M
111.14M
87.99M
65.46M
74.96M
66.48M
93.16M
94.67M
Net Debt
1.59B
1.79B
1.72B
1.59B
1.65B
1.55B
1.46B
1.42B
1.32B
1.52B
1.44B
1.43B
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2025-03-24Sale
Owner: Durels, Thomas P.
Title: EVP, Real Estate
Shares: 11,843
Price/Share: $8.02
Value: $94,980.86
Shares Owned: 44,185
Relationship: Officer
Ownership: Direct
2025-03-20Sale
Owner: Durels, Thomas P.
Title: EVP, Real Estate
Shares: 12,500
Price/Share: $8.15
Value: $101,875.00
Shares Owned: 61,807
Relationship: Officer
Ownership: Direct
2024-12-24Sale
Owner: Durels, Thomas P.
Title: EVP, Real Estate
Shares: 10,000
Price/Share: $10.10
Value: $101,000.00
Shares Owned: 86,807
Relationship: Officer
Ownership: Direct
2024-12-18Sale
Owner: Durels, Thomas P.
Title: EVP, Real Estate
Shares: 3,193
Price/Share: $10.90
Value: $34,803.70
Shares Owned: 96,807
Relationship: Officer
Ownership: Direct

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Institutional Ownership

No data available for chart
2026-03-31
74.54%
Inst. Shares: 127,222,452
Shares Outstanding: 170,673,000
2025-12-31
73.89%
Inst. Shares: 124,541,237
Shares Outstanding: 168,539,000
2025-09-30
75.64%
Inst. Shares: 128,024,439
Shares Outstanding: 169,250,000
2025-06-30
73.79%
Inst. Shares: 124,235,735
Shares Outstanding: 168,368,000
2025-03-31
70.63%
Inst. Shares: 118,073,099
Shares Outstanding: 167,181,000

Empire State Realty Trust, Inc. (ESRT) — SEC Financial Statements & Analysis

Empire State Realty Trust, Inc. (ESRT) is a real estate investment trusts company, incorporated in MD. Empire State Realty Trust, Inc. trades on NYSE as: ESRT. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), Empire State Realty Trust, Inc. reported a 2.04% year-over-year revenue growth, a Gross Profit Margin of 113.40% (TTM), a Price-to-Sales (P/S) ratio of 1.18x (TTM), a Price-to-Book (P/B) ratio of 0.52x (TTM), at a market cap of $925.32M. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
2.04%
Gross Profit Margin TTM
113.40%
P/S TTM
1.18x
P/B TTM
0.52x
Market Cap
$925.32M

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Empire State Realty Trust, Inc. in?

Empire State Realty Trust, Inc. (ESRT) operates in the Real Estate Investment Trusts industry.

What is ESRT's market cap?

Empire State Realty Trust, Inc. (ESRT) has a market capitalization of $925.32M as of 2026-06-30.

What is ESRT's P/E ratio?

Empire State Realty Trust, Inc. (ESRT)'s trailing twelve month P/E ratio is 44.74x as of 2026-06-30.

What exchange does ESRT trade on?

Empire State Realty Trust, Inc. (ESRT) trades on the NYSE.

Where is Empire State Realty Trust, Inc. incorporated?

Empire State Realty Trust, Inc. is incorporated in MD.

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Main Street's price.