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Empire State Realty Trust ESRT Observatory — Goodwill, Impaired, Accumulated Impairment Loss

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Real Estate
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Other financials

Income statement

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Revenue$196.9M+3.0%
Operating income-$138.7M-495%
Net income-$39.6M-447%
EPS (diluted)-$0.15-475%

Balance sheet

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Cash & equivalents$128.2M-6.2%
Total debt$2.4B+3.1%
Total equity$1.0B+0.1%
Total assets$4.3B+4.8%

Cash flow

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Operating cash flow$19.5M-26.9%
CapEx$31.0M-62.1%
Free cash flow$50.7M+23.5%

Valuation

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Market cap$843.06M-33.8%
Enterprise value$3.12B-10.1%
P/E91.1×+72.5×
P/S1.1×-0.6×

Profitability

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Operating margin-4.4%-23.8pp
Net margin1.2%-7.8pp
FCF margin10.4%

Returns & leverage

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Return on equity0.9%-5.8pp
Debt / equity2.3×+0.1×

Where this comes from

Reported directly by Empire State Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairedAccumulatedImpairmentLoss.

The source filing: Empire State Realty Trust’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:52 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001541401-26-000033
(amounts in thousands) / Balance as of December 31, 2025Real EstateObservatoryTotal
Goodwill$263,997$227,482$491,479
Accumulated impairment charges
263,997227,482491,479
Goodwill impairment charge(166,113)(166,113)
Balance as of June 30, 2026
Goodwill263,997227,482491,479
Accumulated impairment charges(166,113)(166,113)
$263,997$61,369$325,366

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Empire State Realty Trust's observatory — goodwill, impaired, accumulated impairment loss?
Empire State Realty Trust (ESRT) reported observatory — goodwill, impaired, accumulated impairment loss of $166.11M in Q2 2026.
What does observatory — goodwill, impaired, accumulated impairment loss mean?
This metric represents the cumulative historical impairment losses recognized against goodwill specifically allocated to the observatory business segment. It reflects the total reduction in the carrying value of goodwill due to past assessments that the segment's fair value fell below its book value. Tracking this cumulative figure provides insight into the long-term historical volatility and valuation adjustments of the segment's intangible assets.

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