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Discontinued — last reported Q1 '24

Interest Expense at other companies

ALX
Alexander'sALX
$8.15M-17.4%
Vornado Realty logo
Vornado RealtyVNO
$69.26M-17.0%
American Assets Trust logo
American Assets TrustAAT
$31.97M-6.0%
JBG SMITH Properties logo
JBG SMITH PropertiesJBGS
$35.55M+1.0%
Piedmont Office Realty Trust logo
Piedmont Office Realty TrustPDM
$31.93M+0.8%
Cousins Properties logo
Cousins PropertiesCUZ
$45.1M+22.6%

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:InterestExpense.

The official record: Empire State Realty Trust’s 10-Q, filed May 7, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Empire State Realty Trust's interest expense?
Empire State Realty Trust (ESRT) reported interest expense of $25.13M in Q1 2024.
How has Empire State Realty Trust's interest expense changed year-over-year?
Empire State Realty Trust's interest expense decreased by 0.7% year-over-year, from $25.3M to $25.13M.
What is the long-term trend for Empire State Realty Trust's interest expense?
Over 2 years (2021 to 2023), Empire State Realty Trust's interest expense has grown at a 3.7% compound annual growth rate (CAGR), from $94.39M to $101.48M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.