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Empire State Realty Trust ESRT Observatory — Segment assets

Other segment segments

Real Estate
$4.18B+9.5%

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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:Assets.

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)Real EstateObservatoryIntersegment EliminationTotal
Total revenues, excluding third-party management and other fees187,17724,225(14,771)196,631
Segment operating expenses:
Property operating expenses47,77447,774
Observatory expenses11,79511,795
Other segment expenses(1)34,41814,771(14,771)34,418
Total segment operating expenses82,19226,566(14,771)93,987
Net operating income (loss)$104,985$(2,341)$102,644
Segment assets$4,177,101$95,997$4,273,098

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Empire State Realty Trust's observatory — segment assets?
Empire State Realty Trust (ESRT) reported observatory — segment assets of $96M in Q2 2026.
How has Empire State Realty Trust's observatory — segment assets changed year-over-year?
Empire State Realty Trust's observatory — segment assets decreased by 63.8% year-over-year, from $265.11M to $96M.
What is the long-term trend for Empire State Realty Trust's observatory — segment assets?
Over 4 years (2021 to 2025), Empire State Realty Trust's observatory — segment assets has grown at a 2.3% compound annual growth rate (CAGR), from $971.34M to $1.06B.
What does observatory — segment assets mean?
Represents the total book value of assets specifically allocated to the Observatory segment, including property, equipment, and intangible assets. This metric is used to evaluate the capital intensity of the segment and calculate return on assets.

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