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Empire State Realty Trust, Inc. (ESRT)
NYSE: ESRT · Real-Time Price · USD
5.80
+0.14 (2.47%)
At close: Jul 29, 2026, 4:00 PM EDT
5.50
-0.30 (-5.17%)
After-hours: Jul 29, 2026, 7:34 PM 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
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
60.272.9880.3684.4163.21-13.04
Depreciation & Amortization
196.2194.76184.82189.91216.89201.81
Stock-Based Compensation
26.0625.1721.720.0321.0120.26
Other Adjustments
-27.07-39.58-9.75-31.82-45.68-0.34
Change in Receivables
5.319.276.89-15.64-5.312.89
Changes in Accounts Payable
-0.249.413.590.754.71-0.1
Changes in Unearned Revenue
-0.630.45-0.62-2.77-3.6612.33
Changes in Other Operating Activities
-25.11-23.4-36.09-12.37-40-11.33
Operating Cash Flow
234.82249.05260.89232.49211.17212.49
Operating Cash Flow Growth
-14.02%-4.54%12.22%10.10%-0.62%16.56%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-633.13-610.53-365.99-166.25-241.9-212.74
Sale of Property, Plant & Equipment
-60.52-88.9111.01-
Cash Acquisitions
---14.23---
Other Investing Activities
---16.91---
Investing Cash Flow
-572.61-550.01-397.12-77.34-230.89-212.74

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
-195120---
Short-Term Debt Repaid
-120-170----
Net Short-Term Debt Issued (Repaid)
-12025120---
Long-Term Debt Issued
53.5420320---
Long-Term Debt Repaid
-125.34-350.26-226.86-8.63-7.5-4.09
Net Long-Term Debt Issued (Repaid)
-71.8469.7493.14-8.63-7.5-4.09
Repurchase of Common Stock
-0.72-9.03--13.11-90.18-46.7
Net Common Stock Issued (Repurchased)
-0.72-9.03--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
206.5338.17158.58-62.87-140.24-93.05

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
-131.27-262.7922.3592.28-159.96-93.3

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
-398.32-361.48-105.0966.24-30.72-0.26
Free Cash Flow Growth
------
FCF Margin
-51.16%-47.05%-13.69%8.96%-4.23%-0.04%
Free Cash Flow Per Share
-1.48-1.34-0.390.25-0.11-0.00
Levered Free Cash Flow
-619.33-291.1856.2949.69-35.02-24.83
Unlevered Free Cash Flow
-324.66-298.26-50.71151.4160.0359.81
SEC Filings: 10-K · 10-Q