Empire State Realty Trust Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	51.64	53.25	40.64	-6.51
Depreciation & Amortization	168	171.72	194.52	175.14
Other Amortization	22.47	23.61	25.45	28.6
Gain (Loss) on Sale of Assets	-13.3	-26.76	-33.99	-
Asset Writedown	-	-	-	7.72
Stock-Based Compensation	21.7	20.03	21.01	20.26
Change in Accounts Receivable	6.89	-15.64	-5.31	2.89
Change in Accounts Payable	13.59	0.75	4.71	-0.1
Change in Other Net Operating Assets	-36.09	-12.37	-40	-11.33
Other Operating Activities	26.62	20.69	7.81	-16.53
Operating Cash Flow	260.89	232.49	211.17	212.49
Operating Cash Flow Growth	12.22%	10.10%	-0.62%	16.56%
Acquisition of Real Estate Assets	-365.99	-166.25	-241.9	-212.74
Sale of Real Estate Assets	-	88.91	11.01	-
Net Sale / Acq. of Real Estate Assets	-365.99	-77.34	-230.89	-212.74
Other Investing Activities	-31.14	-	-	-
Investing Cash Flow	-397.12	-77.34	-230.89	-212.74
Long-Term Debt Issued	440	-	-	-
Total Debt Issued	440	-	-	-
Long-Term Debt Repaid	-226.86	-8.63	-7.5	-4.09
Total Debt Repaid	-226.86	-8.63	-7.5	-4.09
Net Debt Issued (Repaid)	213.14	-8.63	-7.5	-4.09
Repurchase of Common Stock	-	-13.11	-90.18	-46.7
Common Dividends Paid	-23.22	-22.68	-23.11	-18.11
Preferred Dividends Paid	-4.2	-4.2	-4.2	-4.2
Total Dividends Paid	-27.42	-26.89	-27.31	-22.31
Other Financing Activities	-27.14	-14.25	-15.25	-19.94
Net Cash Flow	22.35	92.28	-159.96	-93.3
Cash Interest Paid	94.67	92	91.01	77.61
Cash Income Tax Paid	1.9	1.39	0.2	0.64
Levered Free Cash Flow	142.93	250.89	192.73	211.2
Unlevered Free Cash Flow	211.5	314.32	255.98	270.2
Change in Working Capital	-16.23	-30.03	-44.27	3.8

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q