Empire State Realty Trust, Inc. (ESRT)

Empire State Realty Trust Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	60.2	72.98	80.36	84.41	63.21	-13.04
Depreciation & Amortization	196.2	194.76	184.82	189.91	216.89	201.81
Stock-Based Compensation	26.06	25.17	21.7	20.03	21.01	20.26
Other Adjustments	-26.98	-39.58	-9.75	-31.82	-45.68	-0.34
Change in Receivables	5.31	9.27	6.89	-15.64	-5.31	2.89
Changes in Accounts Payable	-0.24	9.4	13.59	0.75	4.71	-0.1
Changes in Unearned Revenue	-0.63	0.45	-0.62	-2.77	-3.66	12.33
Changes in Other Operating Activities	-25.11	-23.4	-36.09	-12.37	-40	-11.33
Operating Cash Flow	234.82	249.05	260.89	232.49	211.17	212.49
Operating Cash Flow Growth	-14.02%	-4.54%	12.22%	10.10%	-0.62%	16.56%
Capital Expenditures	-633.13	-610.53	-365.99	-166.25	-241.9	-212.74
Sale of Property, Plant & Equipment	-	60.52	-	88.91	11.01	-
Payments for Business Acquisitions	-	-	-14.23	-	-	-
Other Investing Activities	-	-	-16.91	-	-	-
Investing Cash Flow	-572.61	-550.01	-397.12	-77.34	-230.89	-212.74
Short-Term Debt Issued	210	195	120	-	-	-
Short-Term Debt Repaid	-120	-170	-	-	-	-
Net Short-Term Debt Issued (Repaid)	90	25	120	-	-	-
Long-Term Debt Issued	473.5	420	320	-	-	-
Long-Term Debt Repaid	-300.34	-350.26	-226.86	-8.63	-7.5	-4.09
Net Long-Term Debt Issued (Repaid)	173.16	69.74	93.14	-8.63	-7.5	-4.09
Repurchase of Common Stock	-7.77	-9.03	-	-13.11	-90.18	-46.7
Net Common Stock Issued (Repurchased)	-7.77	-9.03	-	-13.11	-90.18	-46.7
Common Dividends Paid	-23.87	-23.73	-23.22	-22.68	-23.11	-18.11
Preferred Share Dividends Paid	-4.2	-4.2	-4.2	-4.2	-4.2	-4.2
Other Financing Activities	-19.72	-19.61	-27.14	-14.25	-15.25	-19.94
Financing Cash Flow	206.53	38.17	158.58	-62.87	-140.24	-93.05
Net Cash Flow	-131.27	-262.79	22.35	92.28	-159.96	-93.3
Free Cash Flow	-398.32	-361.48	-105.09	66.24	-30.72	-0.26
FCF Margin	-51.16%	-47.05%	-13.69%	8.96%	-4.23%	-0.04%
Free Cash Flow Per Share	-1.48	-1.34	-0.39	0.25	-0.11	-0.00
Levered Free Cash Flow	-164.33	-291.18	56.29	49.69	-35.02	-24.83
Unlevered Free Cash Flow	-330.68	-298.26	-50.71	151.41	60.03	59.81

Updated May 7, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q