ESRT
Empire State Realty Trust, Inc.
$5.41
-0.10 (-1.81%)
At close · Jul 8
Market Cap
$932.85M
Shares
172,430,207
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$768.27M
0%
FY2025
Net Income
$72.98M
-9.2%
FY2025
Operating Margin
17.66%
-3pp
FY2025
Diluted EPS
$0.25
-10.7%
FY2025
Operating Cash Flow
$249.05M
-4.5%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $778.53M | $768.27M | $767.92M | $739.57M | $727.04M | $624.09M | $609.23M | $731.34M | $731.51M | $709.53M | $677.35M | $657.63M | $635.33M | $206.07M | $260.29M | $294.79M | |
| $637.78M | $626.21M | $614.6M | $597.32M | $591.05M | $559.69M | $563.07M | $586.41M | $493.23M | $483.94M | $460.65M | $447.78M | $400.83M | — | $196.19M | — | |
| $74M | $72.84M | $70.23M | $63.94M | $61.77M | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | $63.94M | $61.77M | $55.95M | $62.24M | $61.06M | $52.67M | $50.32M | $49.08M | $38.07M | $39.04M | — | $20.96M | — | |
| $6.79M | $5.79M | $5.2M | $7.42M | $11.84M | — | — | — | — | — | — | — | — | — | — | — | |
| $196.2M | $194.76M | $184.82M | $189.91M | $216.89M | $201.81M | $191.01M | $181.59M | $168.51M | $160.71M | $155.21M | $171.47M | $145.43M | — | $42.69M | — | |
| $639.21M | $632.62M | $609.21M | $592.87M | $600.01M | $544.96M | $550.57M | $576.64M | $540.65M | $516.62M | $493.46M | $506.27M | $494.01M | — | $171.61M | — | |
| $139.32M | $135.65M | $158.71M | $146.71M | $127.03M | $79.13M | $58.66M | $154.71M | $190.86M | $192.9M | $183.9M | $151.37M | $141.32M | — | $88.69M | — | |
| — | 17.66% | 20.67% | 19.84% | 17.47% | 12.68% | 9.63% | 21.15% | 26.09% | 27.19% | 27.15% | 23.02% | 22.24% | — | 34.07% | — | |
| $335.52M | $330.41M | $343.53M | $336.62M | $343.92M | $280.94M | $249.67M | $336.29M | $359.37M | $353.61M | $339.11M | $322.84M | $286.75M | — | $131.38M | — | |
| $104.33M | $103.13M | $105.24M | $101.48M | $101.21M | $94.39M | $89.91M | $79.25M | $79.62M | $68.47M | $70.6M | $65.74M | $66.46M | — | $54.39M | — | |
| — | $35.02M | $13.3M | $26.76M | $33.99M | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | $0 | $0 | $14.88M | $14.35M | $3.89M | |
| $62.31M | $75.54M | $83.05M | $87.12M | $64.76M | -$14.77M | -$29.86M | $86.72M | $121.9M | $124.93M | $113.4M | $83.88M | $74.87M | — | $48.64M | — | |
| $2.12M | $2.56M | $2.69M | $2.72M | $1.55M | -$1.73M | -$6.97M | $2.43M | $4.64M | $6.67M | $6.15M | $3.95M | $4.66M | — | — | — | |
| $60.2M | $72.98M | $80.36M | $84.41M | $63.21M | -$13.04M | -$22.89M | $84.29M | $117.25M | $118.25M | $107.25M | $79.93M | $70.21M | -$37.23M | $48.64M | $57.4M | |
| — | 9.5% | 10.46% | 11.41% | 8.69% | -2.09% | -3.76% | 11.53% | 16.03% | 16.67% | 15.83% | 12.15% | 11.05% | -18.07% | 18.69% | 19.47% | |
| — | — | — | — | — | — | -$10.37M | $33.1M | $50.71M | $54.67M | $54.86M | $45.26M | $43.07M | — | — | — | |
| $35.42M | $43.4M | $47.44M | $49.04M | $36.44M | -$10.71M | -$16.71M | $49.45M | $65.6M | $62.65M | $51.46M | $33.73M | $26.67M | — | — | — | |
| $37.9M | $39.8M | $51.68M | $47.87M | $64.14M | -$3.25M | -$23.16M | $37.12M | $65.11M | $57.03M | $49.98M | $32.91M | $26.67M | — | — | — | |
| USD/shares | — | $0.26 | $0.29 | $0.30 | $0.22 | -$0.06 | -$0.10 | $0.28 | $0.39 | $0.40 | $0.38 | $0.30 | $0.27 | — | — | — |
| USD/shares | — | $0.25 | $0.28 | $0.30 | $0.22 | -$0.06 | -$0.10 | $0.28 | $0.39 | $0.39 | $0.38 | $0.29 | $0.27 | — | — | — |
| shares | — | 168.54M | 164.9M | 161.12M | 165.04M | 172.45M | 175.17M | 178.34M | 167.57M | 158.38M | 133.88M | 114.25M | 97.94M | — | — | — |
| shares | — | 270.04M | 269.02M | 265.63M | 269.95M | 277.42M | 283.84M | 297.8M | 297.26M | 298.05M | 277.57M | 266.62M | 254.51M | — | — | — |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2013–FY2025: $301.82M in buybacks, $497.06M in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
EV/EBIT
—
P/E (TTM)
25.76×
REIT - Diversified median 25.76×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Real Estate Segment | $638,458,000 | $630,376,000 | $608,855,000 | $619,702,000 | $605,895,000 | $597,998,000 | $685,043,000 | $680,238,000 |
| Observatory Segment | $128,329,000 | $136,377,000 | $129,366,000 | $105,978,000 | $41,612,000 | $29,057,000 | $128,769,000 | $131,227,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|
| Real Estate Segment | $133,268,000 | $117,278,000 | $84,270,000 | $71,297,000 | $142,203,000 | $172,429,000 | $173,786,000 |
| Observatory Segment | $13,438,000 | $9,750,000 | -$5,137,000 | -$12,636,000 | $12,503,000 | $18,428,000 | $19,117,000 |
Operating Margin by Segment (%)
| Component | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|
| Real Estate Segment | 21.9% | 18.9% | 13.9% | 11.9% | 20.8% | 25.3% |
| Observatory Segment | 10.4% | 9.2% | -12.3% | -43.5% | 9.7% | 14% |