What is Empire State Realty Trust's capex?

Empire State Realty Trust (ESRT) reported capex of $18.19M in Q1 2026.

How has Empire State Realty Trust's capex changed year-over-year?

Empire State Realty Trust's capex decreased by 56.8% year-over-year, from $42.06M to $18.19M.

What is the long-term trend for Empire State Realty Trust's capex?

Over 4 years (2021 to 2025), Empire State Realty Trust's capex has grown at a 20.2% compound annual growth rate (CAGR), from $95.04M to $198.5M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Empire State Realty Trust ESRT CapEx

CapEx at other companies

Vornado RealtyVNO

$171.84M—

American Assets TrustAAT

$20.43M+24.3%

JBG SMITH PropertiesJBGS

$27.98M-31.4%

Cousins PropertiesCUZ

$66.81M+5.7%

Douglas EmmettDEI

$51.71M+22.2%

InvenTrust PropertiesIVT

$6.09M-17.4%

Other financials

Income statement

See full

Revenue$190.3M+5.7%

Operating income$29.5M+14.2%

Net income$3.0M-81.0%

EPS (diluted)$0.01-80.0%

Balance sheet

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Cash & equivalents$106.1M-55.3%

Total debt$2.5B+8.3%

Total equity$1.1B+3.1%

Total assets$4.4B+7.1%

Cash flow

See full

Operating cash flow$68.9M-17.1%

Free cash flow$50.7M+23.5%

Valuation

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Market cap$889.74M-38.4%

Enterprise value$3.31B-6.5%

P/E14.8×-2.0×

P/S1.1×-0.7×

Profitability

See full

Operating margin17.9%-2.1pp

Net margin7.7%-3.5pp

FCF margin10.4%—

Returns & leverage

See full

Return on equity5.7%-2.7pp

Debt / equity2.4×+0.1×

Where this comes from

Reported directly by Empire State Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForCapitalImprovements.

The official record: Empire State Realty Trust’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Empire State Realty Trust's capex?: Empire State Realty Trust (ESRT) reported capex of $18.19M in Q1 2026.
How has Empire State Realty Trust's capex changed year-over-year?: Empire State Realty Trust's capex decreased by 56.8% year-over-year, from $42.06M to $18.19M.
What is the long-term trend for Empire State Realty Trust's capex?: Over 4 years (2021 to 2025), Empire State Realty Trust's capex has grown at a 20.2% compound annual growth rate (CAGR), from $95.04M to $198.5M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.