Empire State Realty Trust, Inc. (ESRT)
NYSE: ESRT · Real-Time Price · USD
5.49
+0.08 (1.39%)
May 5, 2026, 2:03 PM EDT - Market open
Empire State Realty Trust Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Property Revenue | 965.42 | 626.68 | 619.37 | 597.32 | 611.08 | 575.92 |
Service and Other Revenue | 138.93 | 141.59 | 148.56 | 142.25 | 115.96 | 48.17 |
| 778.53 | 768.27 | 767.92 | 739.57 | 727.04 | 624.09 | |
Revenue Growth (YoY) | 1.53% | 0.04% | 3.83% | 1.72% | 16.50% | 2.44% |
Property Expenses | 196.72 | 194.04 | 188.5 | 176.65 | 167.26 | 136.31 |
Service and Other Expenses | 37.99 | 38.24 | 36.83 | 35.27 | 31.04 | 23.21 |
Total Property Expenses | 234.71 | 232.28 | 225.34 | 211.92 | 198.3 | 159.52 |
Property Taxes | 134.3 | 132.74 | 128.83 | 127.1 | 123.06 | 119.97 |
Gross Profit | 409.52 | 403.25 | 413.76 | 400.56 | 405.69 | 344.61 |
Selling, General & Admin | 74 | 72.84 | 70.23 | 63.94 | 61.77 | 55.95 |
Depreciation & Amortization Expenses | 196.2 | 194.76 | 184.82 | 189.91 | 216.89 | 201.81 |
Other Operating Expenses | - | - | - | - | - | 7.72 |
Operating Income | 139.32 | 135.65 | 158.71 | 146.71 | 127.03 | 79.13 |
Net Gains on Disposal of Properties | 21.85 | 35.02 | 13.3 | 26.76 | 33.99 | - |
Interest Income | 5.58 | 8.75 | 21.3 | 15.14 | 4.95 | 0.7 |
Interest Expense | -104.33 | -103.78 | -109.71 | -101.48 | -101.21 | -94.39 |
Other Non-Operating Income (Expense) | 0.1 | 0.1 | 0.55 | - | - | 0.21 |
Total Non-Operating Income (Expense) | -76.81 | -59.92 | -74.56 | -59.58 | -62.27 | -93.48 |
Pretax Income | 62.31 | 75.54 | 83.05 | 87.12 | 64.76 | -14.77 |
Provision for Income Taxes | 3.17 | 2.56 | 2.69 | 2.72 | 1.55 | -1.73 |
Net Income | 35.42 | 43.4 | 47.44 | 49.04 | 36.44 | -10.71 |
Minority Interest in Earnings | -20.58 | -25.38 | -28.72 | -31.16 | -22.57 | 6.53 |
Net Income Attributable to Preferred Dividends | 4.2 | 4.2 | 4.2 | 4.2 | 4.2 | 4.2 |
Net Income to Common | 35.42 | 43.4 | 47.44 | 49.04 | 36.44 | -10.71 |
Net Income Growth | -30.56% | -8.52% | -3.27% | 34.58% | - | - |
Shares Outstanding (Basic) | 169 | 169 | 165 | 161 | 165 | 172 |
Shares Outstanding (Diluted) | 270 | 270 | 269 | 266 | 270 | 277 |
Shares Change (YoY) | 0.17% | 0.38% | 1.27% | -1.60% | -2.69% | -2.26% |
EPS (Basic) | 0.22 | 0.26 | 0.29 | 0.30 | 0.22 | -0.06 |
EPS (Diluted) | 0.22 | 0.25 | 0.28 | 0.30 | 0.22 | -0.06 |
EPS Growth | -26.67% | -10.71% | -6.67% | 36.36% | - | - |
Shares Outstanding | 171.24 | 170.5 | 167.38 | 163.05 | 161.13 | 170.22 |
Free Cash Flow | - | -361.48 | -105.09 | 66.24 | -30.72 | -0.26 |
Free Cash Flow Per Share | - | -1.34 | -0.39 | 0.25 | -0.11 | -0.00 |
Dividends Per Share | 0.140 | 0.140 | 0.140 | 0.140 | 0.140 | 0.105 |
Dividend Growth | - | - | - | - | 33.33% | -50.00% |
Gross Margin | 52.60% | 52.49% | 53.88% | 54.16% | 55.80% | 55.22% |
Operating Margin | 17.89% | 17.66% | 20.67% | 19.84% | 17.47% | 12.68% |
Profit Margin | 7.73% | 9.50% | 10.46% | 11.41% | 8.69% | -2.09% |
FCF Margin | - | -47.05% | -13.69% | 8.96% | -4.23% | -0.04% |
EBITDA | 139.32 | 330.41 | 343.53 | 336.62 | 343.92 | 280.94 |
EBITDA Margin | 17.89% | 43.01% | 44.73% | 45.52% | 47.30% | 45.02% |
EBIT | 139.32 | 135.65 | 158.71 | 146.71 | 127.03 | 79.13 |
EBIT Margin | 17.89% | 17.66% | 20.67% | 19.84% | 17.47% | 12.68% |
Effective Tax Rate | 5.09% | 3.39% | 3.24% | 3.12% | 2.39% | 11.74% |
Updated Apr 29, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.