Empire State Realty Trust Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	739.57	727.04	624.09	609.23	731.34	731.51	709.53	677.35	657.63	635.33
Revenue Growth (YoY)	1.72%	16.50%	2.44%	-16.70%	-0.02%	3.10%	4.75%	3.00%	3.51%	-
Cost of Revenue	339.02	321.35	279.49	291.11	333.99	319.47	305.6	289.07	296.53	306.16
Gross Profit	400.56	405.69	344.61	318.12	397.36	412.04	403.93	388.28	361.11	329.17
Selling, General & Admin	63.94	61.77	55.95	62.24	61.06	52.67	50.32	49.08	38.07	39.04
Other Operating Expenses	189.91	216.89	209.53	197.21	181.59	168.51	160.71	155.31	171.67	148.81
Operating Expenses	253.85	278.66	265.48	259.45	242.65	221.18	211.03	204.39	209.74	187.85
Operating Income	146.71	127.03	79.13	58.66	154.71	190.86	192.9	183.9	151.37	141.32
Interest Expense / Income	101.48	101.21	94.39	89.91	79.25	79.62	68.47	70.6	65.74	66.46
Other Expense / Income	-10.74	-16.37	-7.02	-11.76	21.84	40.05	54.17	54.76	47.01	43.07
Pretax Income	55.96	42.19	-8.24	-19.49	53.62	71.18	70.26	58.54	38.62	31.8
Income Tax	2.72	1.55	-1.73	-6.97	2.43	4.64	6.67	6.15	3.95	4.66
Net Income	53.25	40.64	-6.51	-12.52	51.19	66.54	63.58	52.39	34.67	27.14
Preferred Dividends	4.2	4.2	4.2	4.2	1.74	0.94	0.94	0.94	0.94	0.48
Net Income Common	49.04	36.44	-10.71	-16.71	49.45	65.6	62.65	51.46	33.73	26.67
Net Income Growth	34.58%	-	-	-	-24.63%	4.72%	21.75%	52.55%	26.49%	-
Shares Outstanding (Basic)	161	165	172	175	178	168	158	134	114	98
Shares Outstanding (Diluted)	266	270	277	284	298	297	298	278	267	255
Shares Change	-1.60%	-2.69%	-2.26%	-4.69%	0.18%	-0.27%	7.38%	4.11%	4.76%	-
EPS (Basic)	0.30	0.22	-0.06	-0.10	0.28	0.39	0.40	0.38	0.30	0.27
EPS (Diluted)	0.30	0.22	-0.06	-0.10	0.28	0.39	0.39	0.38	0.29	0.27
EPS Growth	36.36%	-	-	-	-28.21%	0%	2.63%	31.03%	7.41%	-
Free Cash Flow	182.06	95.88	117.28	39.18	-17.67	36	-28.81	32.38	60.99	16.74
Free Cash Flow Per Share	1.13	0.58	0.68	0.22	-0.10	0.21	-0.18	0.24	0.53	0.17
Dividend Per Share	0.140	0.140	0.105	0.210	0.420	0.420	0.420	0.400	0.340	0.340
Dividend Growth	0%	33.33%	-50.00%	-50.00%	0%	0%	5.00%	17.65%	0%	-
Gross Margin	54.16%	55.80%	55.22%	52.22%	54.33%	56.33%	56.93%	57.32%	54.91%	51.81%
Operating Margin	19.84%	17.47%	12.68%	9.63%	21.15%	26.09%	27.19%	27.15%	23.02%	22.24%
Profit Margin	6.63%	5.01%	-1.72%	-2.74%	6.76%	8.97%	8.83%	7.60%	5.13%	4.20%
Free Cash Flow Margin	24.62%	13.19%	18.79%	6.43%	-2.42%	4.92%	-4.06%	4.78%	9.27%	2.64%
Effective Tax Rate	4.85%	3.66%	-	-	4.53%	6.52%	9.50%	10.50%	10.23%	14.64%
EBITDA	347.36	360.29	287.96	261.43	314.45	319.31	299.44	284.34	275.83	243.69
EBITDA Margin	46.97%	49.56%	46.14%	42.91%	43.00%	43.65%	42.20%	41.98%	41.94%	38.36%
Depreciation & Amortization	189.91	216.89	201.81	191.01	181.59	168.51	160.71	155.21	171.47	145.43
EBIT	157.44	143.4	86.15	70.42	132.86	150.8	138.73	129.13	104.36	98.25
EBIT Margin	21.29%	19.72%	13.80%	11.56%	18.17%	20.62%	19.55%	19.06%	15.87%	15.47%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).