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Empire State Realty Trust, Inc. (ESRT)
NYSE: ESRT · Real-Time Price · USD
4.090
-0.140 (-3.31%)
At close: Sep 16, 2026, 4:00 PM EDT
4.200
+0.110 (2.69%)
Pre-market: Sep 17, 2026, 7:20 AM EDT

Empire State Realty Trust Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
7.2747.651.6453.2540.64-6.51
Depreciation & Amortization
182.95178.22168171.72194.52175.14
Other Amortization
20.3521.1822.4723.6125.4528.6
Gain (Loss) on Sale of Assets
-146.47-35.02-13.3-26.76-33.99-
Asset Writedown
166.11----7.72
Stock-Based Compensation
30.3425.1721.720.0321.0120.26
Change in Accounts Receivable
6.449.276.89-15.64-5.312.89
Change in Accounts Payable
-1.919.413.590.754.71-0.1
Change in Other Net Operating Assets
-20.89-23.4-36.09-12.37-40-11.33
Other Operating Activities
-16.5616.1826.6220.697.81-16.53
Operating Cash Flow
227.64249.05260.89232.49211.17212.49
Operating Cash Flow Growth
-13.35%-4.54%12.22%10.10%-0.62%16.56%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Acquisition of Real Estate Assets
-664.95-610.53-365.99-166.25-241.9-212.74
Sale of Real Estate Assets
136.2160.52-88.9111.01-
Net Sale / Acq. of Real Estate Assets
-528.74-550.01-365.99-77.34-230.89-212.74
Other Investing Activities
---31.14---
Investing Cash Flow
-528.74-550.01-397.12-77.34-230.89-212.74

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-615440---
Total Debt Issued
888.5615440---
Long-Term Debt Repaid
--520.26-226.86-8.63-7.5-4.09
Total Debt Repaid
-540.41-520.26-226.86-8.63-7.5-4.09
Net Debt Issued (Repaid)
348.0994.74213.14-8.63-7.5-4.09
Repurchase of Common Stock
-6.79-9.03--13.11-90.18-46.7
Common Dividends Paid
-23.99-23.73-23.22-22.68-23.11-18.11
Preferred Dividends Paid
-4.2-4.2-4.2-4.2-4.2-4.2
Total Dividends Paid
-28.19-27.93-27.42-26.89-27.31-22.31
Other Financing Activities
-20.52-19.61-27.14-14.25-15.25-19.94

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
-8.51-262.7922.3592.28-159.96-93.3

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Levered Free Cash Flow
284.91409.41142.93250.89192.73211.2
Unlevered Free Cash Flow
351.79474.27211.5314.32255.98270.2

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
92.4493.3794.679291.0177.61
Cash Income Tax Paid
2.223.531.91.390.20.64
Change in Working Capital
-16.36-4.28-16.23-30.03-44.273.8
SEC Filings: 10-K · 10-Q