Empire State Realty Trust, Inc. (ESRT)
NYSE: ESRT · Real-Time Price · USD
5.58
-0.12 (-2.11%)
Mar 6, 2026, 10:53 AM EST - 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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | 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 | 2020 - 2016 |
| Rental Revenue | 626.21 | 614.6 | 597.32 | 591.05 | 559.69 | Upgrade
|
| Property Management Fees | 1.48 | 1.17 | 1.35 | 1.36 | 1.22 | Upgrade
|
| Other Revenue | 140.11 | 147.39 | 140.9 | 114.6 | 46.96 | Upgrade
|
| Total Revenue | 767.81 | 763.15 | 739.57 | 707.01 | 607.86 | Upgrade
|
| Revenue Growth (YoY | 0.61% | 3.19% | 4.61% | 16.31% | 1.34% | Upgrade
|
| Property Expenses | 365.02 | 354.16 | 339.02 | 321.35 | 279.49 | Upgrade
|
| Selling, General & Administrative | 72.84 | 70.23 | 63.94 | 61.77 | 55.95 | Upgrade
|
| Depreciation & Amortization | 194.76 | 184.82 | 189.91 | 216.89 | 201.81 | Upgrade
|
| Other Operating Expenses | -0.46 | -4.77 | - | -20.03 | -16.23 | Upgrade
|
| Total Operating Expenses | 632.16 | 604.44 | 592.87 | 579.98 | 521.01 | Upgrade
|
| Operating Income | 135.65 | 158.71 | 146.71 | 127.03 | 86.86 | Upgrade
|
| Interest Expense | -103.78 | -109.71 | -101.48 | -101.21 | -94.39 | Upgrade
|
| Interest & Investment Income | 8.75 | 21.3 | 15.14 | 4.95 | 0.7 | Upgrade
|
| EBT Excluding Unusual Items | 40.62 | 70.3 | 60.36 | 30.77 | -6.83 | Upgrade
|
| Gain (Loss) on Sale of Assets | 35.02 | 13.3 | 26.76 | 33.99 | - | Upgrade
|
| Asset Writedown | - | - | - | - | -7.72 | Upgrade
|
| Other Unusual Items | -0.1 | -0.55 | - | - | -0.21 | Upgrade
|
| Pretax Income | 75.54 | 83.05 | 87.12 | 64.76 | -14.77 | Upgrade
|
| Income Tax Expense | 2.56 | 2.69 | 2.72 | 1.55 | -1.73 | Upgrade
|
| Earnings From Continuing Operations | 72.98 | 80.36 | 84.41 | 63.21 | -13.04 | Upgrade
|
| Minority Interest in Earnings | -25.38 | -28.72 | -31.16 | -22.57 | 6.53 | Upgrade
|
| Net Income | 47.6 | 51.64 | 53.25 | 40.64 | -6.51 | Upgrade
|
| Preferred Dividends & Other Adjustments | 4.2 | 4.2 | 4.2 | 4.2 | 4.23 | Upgrade
|
| Net Income to Common | 43.4 | 47.44 | 49.04 | 36.44 | -10.74 | Upgrade
|
| Net Income Growth | -7.83% | -3.01% | 31.01% | - | - | Upgrade
|
| Basic Shares Outstanding | 169 | 165 | 161 | 165 | 172 | Upgrade
|
| Diluted Shares Outstanding | 270 | 269 | 266 | 270 | 277 | Upgrade
|
| Shares Change (YoY) | 0.38% | 1.27% | -1.60% | -2.69% | -2.26% | Upgrade
|
| EPS (Basic) | 0.26 | 0.29 | 0.30 | 0.22 | -0.06 | Upgrade
|
| EPS (Diluted) | 0.25 | 0.28 | 0.30 | 0.22 | -0.06 | Upgrade
|
| EPS Growth | -10.03% | -6.17% | 37.44% | - | - | Upgrade
|
| Dividend Per Share | 0.140 | 0.140 | 0.140 | 0.140 | 0.105 | Upgrade
|
| Dividend Growth | - | - | - | 33.33% | -50.00% | Upgrade
|
| Operating Margin | 17.67% | 20.80% | 19.84% | 17.97% | 14.29% | Upgrade
|
| Profit Margin | 5.65% | 6.22% | 6.63% | 5.15% | -1.77% | Upgrade
|
| EBITDA | 313.87 | 326.71 | 318.42 | 321.55 | 262 | Upgrade
|
| EBITDA Margin | 40.88% | 42.81% | 43.05% | 45.48% | 43.10% | Upgrade
|
| D&A For Ebitda | 178.22 | 168 | 171.72 | 194.52 | 175.14 | Upgrade
|
| EBIT | 135.65 | 158.71 | 146.71 | 127.03 | 86.86 | Upgrade
|
| EBIT Margin | 17.67% | 20.80% | 19.84% | 17.97% | 14.29% | Upgrade
|
| Funds From Operations (FFO) | 224.98 | 243.37 | 238.01 | 235.79 | 186.85 | Upgrade
|
| FFO Per Share | 0.83 | 0.90 | 0.90 | 0.87 | 0.67 | Upgrade
|
| Adjusted Funds From Operations (AFFO) | 224.98 | 243.37 | 238.01 | 235.79 | 186.85 | Upgrade
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| AFFO Per Share | 0.83 | 0.90 | 0.90 | 0.87 | 0.67 | Upgrade
|
| FFO Payout Ratio | 10.55% | 9.54% | 9.53% | 9.80% | 9.69% | Upgrade
|
| Effective Tax Rate | 3.39% | 3.24% | 3.12% | 2.39% | - | Upgrade
|
| Revenue as Reported | 768.27 | 767.92 | 739.57 | 727.04 | 624.09 | Upgrade
|
Source: S&P Capital IQ. Real Estate template. Financial Sources.