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Empire State Realty Trust ESRT Observatory — Goodwill

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Real Estate
$264M0.0%

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Other financials

Income statement

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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

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Operating cash flow$68.9M-17.1%
CapEx$18.2M-56.8%
Free cash flow$50.7M+23.5%

Valuation

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Market cap$889.74M-38.6%
Enterprise value$3.31B-6.6%
P/E14.8×-2.1×
P/S1.1×-0.7×

Profitability

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Operating margin17.9%-2.1pp
Net margin7.7%-3.5pp
FCF margin10.4%

Returns & leverage

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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:Goodwill.

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 observatory — goodwill?
Empire State Realty Trust (ESRT) reported observatory — goodwill of $227.5M in Q1 2026.
How has Empire State Realty Trust's observatory — goodwill changed year-over-year?
Empire State Realty Trust's observatory — goodwill decreased by 0.0% year-over-year, from $227.5M to $227.5M.
What is the long-term trend for Empire State Realty Trust's observatory — goodwill?
Over 3 years (2022 to 2025), Empire State Realty Trust's observatory — goodwill has grown at a 0.0% compound annual growth rate (CAGR), from $910M to $910M.
What does observatory — goodwill mean?
Represents the intangible asset value associated with the Observatory segment that exceeds the fair value of its identifiable net assets. This reflects the premium paid for the segment's brand recognition, market position, and future growth potential beyond tangible property value.