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Empire State Realty Trust, Inc. (ESRT)

NYSE: ESRT · USD

$4.97

-0.06 (-1.2%)· Recorded snapshot

Market cap	1.4B
Revenue (ttm)	782.8M
Net income (ttm)	3.1M
EPS (ttm)	$0.02
Shares out	283.6M
P/E (trailing)	275.4x
Dividend	$0.14 (2.82%)
Volume	3,796,179
Beta	1.41

Market data

Price

Recent price action with selectable time range.

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AMT	American Tower Corporation	85.1B	25.8x	7.5x	7.8%	+4.0%	+0.7%	Reducir
ARE	Alexandria Real Estate Equities Inc.	6.9B	—	2.4x	0.9%	+6.6%	-45.8%	Mantener
CCI	Crown Castle Inc.	37.4B	46.3x	9.1x	5.1%	-7.9%	-6.2%	Vender

Metric	Value
Amount currency	USD
CIK code	0001541401
Company name	Empire State Realty Trust, Inc.
Country	United States
Country code	US
CUSIP number	292104106
Earnings date	2026-11-02
Earnings time	amc
Employees	642
Employees change	-25
Employees growth	-3.75%
Enterprise value	$3.5B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	2011
In index	RUSSELL2000
Industry	REIT - Diversified
IPO date	2013-10-02
Is primary listing	Yes
Is SPAC	No
ISIN number	US2921041065
Last 10-K release date	2026-03-02
Last earnings date	2026-07-29
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$1.4B
Market cap category	Small-Cap
Next earnings date	2026-11-02
Options	Yes
Price	$4.97
Price currency	USD
Sector	Real Estate
SIC code	6798
Stock price date	2026-10-28
Symbol	ESRT
U.S. state	New York
Website	https://www.esrtreit.com

Metric

Value

Amount currency

USD

CIK code

0001541401

Company name

Empire State Realty Trust, Inc.

Country

United States

Country code

CUSIP number

292104106

Earnings date

2026-11-02

Earnings time

amc

Employees

642

Employees change

-25

Employees growth

-3.75%

Enterprise value

$3.5B

Exchange

NYSE

Financial currency

USD

Financial report date

2026-06-30

First seen

2026-05-09

Fiscal year end

December

Founded

2011

In index

RUSSELL2000

Industry

REIT - Diversified

IPO date

2013-10-02

Is primary listing

Yes

Is SPAC

ISIN number

US2921041065

Last 10-K release date

2026-03-02

Last earnings date

2026-07-29

Last refreshed

2026-10-28

Last stock split type

Never

Market cap

$1.4B

Market cap category

Small-Cap

Next earnings date

2026-11-02

Options

Yes

Price

$4.97

Price currency

USD

Sector

Real Estate

SIC code

6798

Stock price date

2026-10-28

Symbol

ESRT

U.S. state

New York

Website

https://www.esrtreit.com

Metric	Value
Average P/E ratio (10Y)	189.17x
Average P/E ratio (3Y)	54.53x
Average P/E ratio (5Y)	54.58x
Earnings yield	0.36%
EV/Earnings	1,157.8x
EV/EBIT	25.95x
EV/EBITDA	11.12x
EV/Sales	4.54x
FCF / EV yield	-12.29%
FCF yield	-30.66%
Forward EV/Sales	4.77x
Forward P/S	1.91x
Graham number	1.56278
Graham upside	-68.93%
Industry forward P/E	12.38x
Industry P/E	15.27x
Lynch fair value	$0.09
Lynch upside	-98.21%
P/(OCF - SBC) ratio	7.23x
P/B ratio	0.84x
P/E ratio	275.38x
P/FFO ratio	25.22x
P/OCF ratio	6.27x
P/S ratio	1.82x
Price / tangible book value	2x
Price/EBITDA ratio	4.46x
Sector forward P/E	29.99x
Sector P/E	40.99x

Metric

Value

Average P/E ratio (10Y)

189.17x

Average P/E ratio (3Y)

54.53x

Average P/E ratio (5Y)

54.58x

Earnings yield

0.36%

EV/Earnings

1,157.8x

EV/EBIT

25.95x

EV/EBITDA

11.12x

EV/Sales

4.54x

FCF / EV yield

-12.29%

FCF yield

-30.66%

Forward EV/Sales

4.77x

Forward P/S

1.91x

Graham number

1.56278

Graham upside

-68.93%

Industry forward P/E

12.38x

Industry P/E

15.27x

Lynch fair value

$0.09

Lynch upside

-98.21%

P/(OCF - SBC) ratio

7.23x

P/B ratio

0.84x

P/E ratio

275.38x

P/FFO ratio

25.22x

P/OCF ratio

6.27x

P/S ratio

1.82x

Price / tangible book value

Price/EBITDA ratio

4.46x

Sector forward P/E

29.99x

Sector P/E

40.99x

Metric	Value
EBIT margin	17.52%
EBITDA margin	40.89%
Effective tax rate	8.59%
Gross margin	52.31%
Operating margin	17.52%
Pretax margin	1.29%
Profit margin	0.93%
Profit per employee	$4,787
Profitable years	4
Revenue per employee	$1.2M
ROA	2.05%
ROA (5Y)	1.9%
ROCE	3.44%
ROE	0.52%
ROE (5Y)	3.31%
ROIC	3.06%
ROIC (5Y)	3.13%
SBC / revenue	3.88%
Tax / revenue	0.11%

Metric

Value

EBIT margin

17.52%

EBITDA margin

40.89%

Effective tax rate

8.59%

Gross margin

52.31%

Operating margin

17.52%

Pretax margin

1.29%

Profit margin

0.93%

Profit per employee

$4,787

Profitable years

Revenue per employee

$1.2M

ROA

2.05%

ROA (5Y)

1.9%

ROCE

3.44%

ROE

0.52%

ROE (5Y)

3.31%

ROIC

3.06%

ROIC (5Y)

3.13%

SBC / revenue

3.88%

Tax / revenue

0.11%

Metric	Value
EPS growth	-92.46%
EPS growth 10Y	-24.93%
EPS growth 3Y	-60.21%
EPS growth years	0
Net income growth	-83.71%
Net income growth 3Y	-59.6%
Net income growth years	0
OCF growth	-13.35%
OCF growth (Q)	-26.85%
OCF growth (QoQ)	-71.64%
OCF growth 10Y	0.43%
OCF growth 3Y	-0.83%
OCF growth 5Y	3.51%
Revenue growth	2.56%
Revenue growth (Q)	3.2%
Revenue growth (QoQ)	4.2%
Revenue growth 10Y	1.7%
Revenue growth 3Y	2.82%
Revenue growth 5Y	6.04%
Revenue growth quarters	3
Revenue growth years	5

Metric

Value

EPS growth

-92.46%

EPS growth 10Y

-24.93%

EPS growth 3Y

-60.21%

EPS growth years

Net income growth

-83.71%

Net income growth 3Y

-59.6%

Net income growth years

OCF growth

-13.35%

OCF growth (Q)

-26.85%

OCF growth (QoQ)

-71.64%

OCF growth 10Y

0.43%

OCF growth 3Y

-0.83%

OCF growth 5Y

3.51%

Revenue growth

2.56%

Revenue growth (Q)

3.2%

Revenue growth (QoQ)

4.2%

Revenue growth 10Y

1.7%

Revenue growth 3Y

2.82%

Revenue growth 5Y

6.04%

Revenue growth quarters

Revenue growth years

Metric	Value
Capital expenditures	$-664.9M
Depreciation and amortization	$198.8M
EBIT	$137.1M
EBITDA	$320.1M
EPS	$0.02
FCF per share	$-1.54
Financing cash flow	$292.6M
Free cash flow	$-437.3M
Free cash flow minus SBC	$-467.6M
Funds from operations (FFO)	$53.8M
Gross profit	$409.5M
Income taxes	$870,000
Investing cash flow	$-528.7M
Net cash flow	$-8.5M
Net income	$3.1M
Operating cash flow minus SBC	$197.3M
Operating income	$137.1M
Revenue	$782.8M
Stock-based compensation	$30.3M

Metric

Value

Capital expenditures

$-664.9M

Depreciation and amortization

$198.8M

EBIT

$137.1M

EBITDA

$320.1M

EPS

$0.02

FCF per share

$-1.54

Financing cash flow

$292.6M

Free cash flow

$-437.3M

Free cash flow minus SBC

$-467.6M

Funds from operations (FFO)

$53.8M

Gross profit

$409.5M

Income taxes

$870,000

Investing cash flow

$-528.7M

Net cash flow

$-8.5M

Net income

$3.1M

Operating cash flow minus SBC

$197.3M

Operating income

$137.1M

Revenue

$782.8M

Stock-based compensation

$30.3M

Metric	Value
Book value per share	$6.01
Debt / EBITDA	6.78
Debt / equity	1.24
Goodwill	$325.4M
Interest coverage	1.28
Net cash (debt)	$-2.1B
Net cash / market cap	-149.41%
Net debt / EBITDA	6.66
Net debt / equity	1.19
Piotroski F-Score	5
Property, plant and equipment	$3.2B
Shareholders' equity	$1.8B
Tangible book value	$713.7M
Tangible book value per share	$4.13
Total assets	$4.3B
Total cash	$96M
Total debt	$2.2B
Total liabilities	$2.5B
WACC	7.37%

Metric

Value

Book value per share

$6.01

Debt / EBITDA

6.78

Debt / equity

1.24

Goodwill

$325.4M

Interest coverage

1.28

Net cash (debt)

$-2.1B

Net cash / market cap

-149.41%

Net debt / EBITDA

6.66

Net debt / equity

1.19

Piotroski F-Score

Property, plant and equipment

$3.2B

Shareholders' equity

$1.8B

Tangible book value

$713.7M

Tangible book value per share

$4.13

Total assets

$4.3B

Total cash

$96M

Total debt

$2.2B

Total liabilities

$2.5B

WACC

7.37%

Metric	Value
Asset turnover	0.19
Current ratio	1.45
Net working capital	$188.7M
Quick ratio	1.3
Working capital	$129.7M

Metric

Value

Asset turnover

0.19

Current ratio

1.45

Net working capital

$188.7M

Quick ratio

1.3

Working capital

$129.7M

Metric	Value
Buyback yield / dilution	0.09%
Dividend growth	0%
Dividend growth (10Y)	-9.5%
Dividend growth (3Y)	0%
Dividend growth (5Y)	14.87%
Dividend growth years	0
Dividend payment date	2026-09-30
Dividend payment years	14
Dividend payout frequency	Quarterly
Dividend per share	$0.14
Dividend yield	2.82%
Ex-dividend date	2026-09-15
Last dividend	$0.04
Payout ratio	775.71%
Shareholder yield	2.87%

Metric

Value

Buyback yield / dilution

0.09%

Dividend growth

Dividend growth (10Y)

-9.5%

Dividend growth (3Y)

Dividend growth (5Y)

14.87%

Dividend growth years

Dividend payment date

2026-09-30

Dividend payment years

Dividend payout frequency

Quarterly

Dividend per share

$0.14

Dividend yield

2.82%

Ex-dividend date

2026-09-15

Last dividend

$0.04

Payout ratio

775.71%

Shareholder yield

2.87%

Metric	Value
10Y price change	-74.41%
10Y return CAGR	-10.94%
10Y total return	-68.59%
150-day SMA	$5.07
1D price change	-1.19%
1M price change	20.44%
1M total return	20.44%
1W price change	5.1%
1W total return	5.1%
1Y price change	-37.81%
1Y return CAGR	-36.17%
1Y total return	-36.15%
20-day SMA	$4.67
200-day SMA	$5.31
3M price change	-11.92%
3M total return	-11.2%
3Y price change	-38.28%
3Y return CAGR	-13.24%
3Y total return	-34.69%
50-day SMA	$4.48
50-day SMA vs 200-day SMA	50under200
52-week high	$7.97
52-week high date	2025-10-28
52-week low	$3.93
52-week low date	2026-09-18
5Y price change	-52.95%
5Y return CAGR	-12.38%
5Y total return	-48.34%
6M price change	-13.01%
6M total return	-11.72%
All-time high	$22.31
All-time high date	2016-09-02
All-time low	$3.93
All-time low date	2026-09-18
Average true range (ATR)	$0.16
Average volume	4.9M
Beta (1Y)	0.82
Beta (2Y)	0.89
Beta (5Y)	1.41
Change from 52-week high	-37.6%
Change from 52-week low	26.46%
Change from all-time high	-77.81%
Change from all-time low	25.95%
Change from open	-0.6%
Day's gap	-0.6%
Dollar volume	$18.9M
High price	$5.04
Low price	$4.92
Monthly RSI	36.78
Open price	$5.00
Position in 52-week range	41.67%
Premarket change	-5.34%
Premarket close	$5.03
Premarket price	$4.76
Previous close	$5.03
Price vs 150-day SMA	-2.39%
Price vs 20-day SMA	6.09%
Price vs 200-day SMA	-6.74%
Price vs 50-day SMA	10.44%
Relative volume	0.78
RSI	64.28
Sharpe ratio	-1.19
Sharpe ratio (3Y)	-0.33
Sharpe ratio (5Y)	-0.33
Sortino ratio	-1.37
Sortino ratio (3Y)	-0.29
Sortino ratio (5Y)	-0.3
Volume	3.8M
Weekly RSI	48.38
YTD price change	-24.08%
YTD total return	-22.44%

Metric

Value

10Y price change

-74.41%

10Y return CAGR

-10.94%

10Y total return

-68.59%

150-day SMA

$5.07

1D price change

-1.19%

1M price change

20.44%

1M total return

20.44%

1W price change

5.1%

1W total return

5.1%

1Y price change

-37.81%

1Y return CAGR

-36.17%

1Y total return

-36.15%

20-day SMA

$4.67

200-day SMA

$5.31

3M price change

-11.92%

3M total return

-11.2%

3Y price change

-38.28%

3Y return CAGR

-13.24%

3Y total return

-34.69%

50-day SMA

$4.48

50-day SMA vs 200-day SMA

50under200

52-week high

$7.97

52-week high date

2025-10-28

52-week low

$3.93

52-week low date

2026-09-18

5Y price change

-52.95%

5Y return CAGR

-12.38%

5Y total return

-48.34%

6M price change

-13.01%

6M total return

-11.72%

All-time high

$22.31

All-time high date

2016-09-02

All-time low

$3.93

All-time low date

2026-09-18

Average true range (ATR)

$0.16

Average volume

4.9M

Beta (1Y)

0.82

Beta (2Y)

0.89

Beta (5Y)

1.41

Change from 52-week high

-37.6%

Change from 52-week low

26.46%

Change from all-time high

-77.81%

Change from all-time low

25.95%

Change from open

-0.6%

Day's gap

-0.6%

Dollar volume

$18.9M

High price

$5.04

Low price

$4.92

Monthly RSI

36.78

Open price

$5.00

Position in 52-week range

41.67%

Premarket change

-5.34%

Premarket close

$5.03

Premarket price

$4.76

Previous close

$5.03

Price vs 150-day SMA

-2.39%

Price vs 20-day SMA

6.09%

Price vs 200-day SMA

-6.74%

Price vs 50-day SMA

10.44%

Relative volume

0.78

RSI

64.28

Sharpe ratio

-1.19

Sharpe ratio (3Y)

-0.33

Sharpe ratio (5Y)

-0.33

Sortino ratio

-1.37

Sortino ratio (3Y)

-0.29

Sortino ratio (5Y)

-0.3

Volume

3.8M

Weekly RSI

48.38

YTD price change

-24.08%

YTD total return

-22.44%

Metric	Value
Float	129.1M
Float percentage	45.51%
Shares change (QoQ)	-0.15%
Shares change (YoY)	-0.09%
Shares held by insiders	2.22%
Shares held by institutions	83.83%
Shares outstanding	283.6M
Short % of float	8.55%
Short % of shares	3.89%
Short ratio	2.4 days

Metric

Value

Float

129.1M

Float percentage

45.51%

Shares change (QoQ)

-0.15%

Shares change (YoY)

-0.09%

Shares held by insiders

2.22%

Shares held by institutions

83.83%

Shares outstanding

283.6M

Short % of float

8.55%

Short % of shares

3.89%

Short ratio

2.4 days

Empire State Realty Trust, Inc. (ESRT)

Price

Financial snapshot

Fair-value bridge

Latest news · ESRT

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All ESRT indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on ESRT

Frequently asked questions