Empire State Realty Trust, Inc. (ESRT)
NYSE: ESRT · Real-Time Price · USD
7.15
-0.09 (-1.24%)
Aug 1, 2025, 4:00 PM - Market closed

Empire State Realty Trust Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 20202016 - 2020
Period Ending
Jun '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2016 - 2020
Rental Revenue
616.33614.6597.32591.05559.69563.07
Upgrade
Property Management Fees
1.371.171.351.361.221.23
Upgrade
Other Revenue
145.59147.39140.9114.646.9635.52
Upgrade
763.28763.15739.57707.01607.86599.81
Upgrade
Revenue Growth (YoY
1.08%3.19%4.61%16.31%1.34%-17.49%
Upgrade
Property Expenses
359.61354.16339.02321.35279.49291.11
Upgrade
Selling, General & Administrative
71.8770.2363.9461.7755.9562.24
Upgrade
Depreciation & Amortization
187.85184.82189.91216.89201.81191.01
Upgrade
Other Operating Expenses
-4.77-4.77--20.03-16.23-9.42
Upgrade
Total Operating Expenses
614.55604.44592.87579.98521.01534.95
Upgrade
Operating Income
148.73158.71146.71127.0386.8664.87
Upgrade
Interest Expense
-111.34-109.71-101.48-101.21-94.39-89.91
Upgrade
Interest & Investment Income
17.6821.315.144.950.72.64
Upgrade
Other Non-Operating Income
0.46-----
Upgrade
EBT Excluding Unusual Items
55.5470.360.3630.77-6.83-22.41
Upgrade
Gain (Loss) on Sale of Assets
15.6713.326.7633.99--
Upgrade
Asset Writedown
-----7.72-6.2
Upgrade
Total Legal Settlements
------1.17
Upgrade
Other Unusual Items
--0.55---0.21-0.09
Upgrade
Pretax Income
71.283.0587.1264.76-14.77-29.86
Upgrade
Income Tax Expense
2.452.692.721.55-1.73-6.97
Upgrade
Earnings From Continuing Operations
68.7580.3684.4163.21-13.04-22.89
Upgrade
Minority Interest in Earnings
-24.1-28.72-31.16-22.576.5310.37
Upgrade
Net Income
44.6551.6453.2540.64-6.51-12.52
Upgrade
Preferred Dividends & Other Adjustments
4.24.24.24.24.234.26
Upgrade
Net Income to Common
40.4547.4449.0436.44-10.74-16.77
Upgrade
Net Income Growth
-6.21%-3.01%31.01%---
Upgrade
Basic Shares Outstanding
167165161165172175
Upgrade
Diluted Shares Outstanding
270269266270277284
Upgrade
Shares Change (YoY)
0.94%1.27%-1.60%-2.69%-2.26%-4.69%
Upgrade
EPS (Basic)
0.240.290.300.22-0.06-0.10
Upgrade
EPS (Diluted)
0.230.280.300.22-0.06-0.10
Upgrade
EPS Growth
-11.26%-6.17%37.44%---
Upgrade
Dividend Per Share
0.1400.1400.1400.1400.1050.210
Upgrade
Dividend Growth
---33.33%-50.00%-50.00%
Upgrade
Operating Margin
19.49%20.80%19.84%17.97%14.29%10.81%
Upgrade
Profit Margin
5.30%6.22%6.63%5.15%-1.77%-2.80%
Upgrade
EBITDA
320.42326.71318.42321.55262235.28
Upgrade
EBITDA Margin
41.98%42.81%43.05%45.48%43.10%39.23%
Upgrade
D&A For Ebitda
171.69168171.72194.52175.14170.41
Upgrade
EBIT
148.73158.71146.71127.0386.8664.87
Upgrade
EBIT Margin
19.49%20.80%19.84%17.97%14.29%10.81%
Upgrade
Funds From Operations (FFO)
232.93243.37238.01235.79186.85-
Upgrade
FFO Per Share
0.860.900.900.870.67-
Upgrade
Adjusted Funds From Operations (AFFO)
-243.37238.01235.79186.85-
Upgrade
AFFO Per Share
-0.900.900.870.67-
Upgrade
FFO Payout Ratio
-9.54%9.53%9.80%9.69%-
Upgrade
Effective Tax Rate
3.44%3.24%3.12%2.39%--
Upgrade
Revenue as Reported
768.52767.92739.57727.04624.09609.23
Upgrade
Updated Jul 23, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.
SEC Filings: 10-K · 10-Q