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Empire State Realty Trust ESRT Goodwill impairment

Goodwill impairment at other companies

Net Lease Office Properties logo
Net Lease Office PropertiesNLOP
$0

Segments

By segment

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Observatory$166.1M+300%

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$836.15M-31.6%
Enterprise value$3.11B-9.0%
P/E90.3×+72.5×
P/S1.1×-0.5×

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:GoodwillImpairmentLoss.

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, except per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
General and administrative expenses25,12318,68543,21635,625
Observatory expenses11,7959,82219,66317,940
Real estate taxes32,91232,60767,52565,657
Goodwill impairment charge166,113166,113
Depreciation and amortization50,38947,802100,60896,581
Total operating expenses335,612156,128496,480310,406
Total operating income (loss)(138,713)35,122(109,256)60,910
Other income (expense):

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Empire State Realty Trust's goodwill impairment?
Empire State Realty Trust (ESRT) reported goodwill impairment of $166.11M in Q2 2026.
What does goodwill impairment mean?
Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.

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