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Empire State Realty Trust ESRT Deferred Costs Leasing Net

Deferred Costs Leasing Net at other companies

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$308.29M+18.4%
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$456.41M-6.7%
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Franklin Street PropertiesFSP
$21.28M-7.3%

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:DeferredCostsLeasingNet.

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)June 30, 2026December 31, 2025
Deferred leasing costs$220,968$227,722
Acquired in-place lease value, acquired deferred leasing costs and deferred acquisition costs180,788190,570
Acquired above-market leases54,34057,569
Total deferred costs, excluding deferred financing costs456,096475,861
Less: accumulated amortization(204,126)(214,917)
Total deferred costs, net, excluding net deferred financing costs251,970260,944
Deferred financing costs, net, of accumulated amortization of $10,958 and $9,900, respectively (See Note 5)6,1966,738
Total deferred costs, net$258,166$267,682

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Empire State Realty Trust's deferred costs leasing net?
Empire State Realty Trust (ESRT) reported deferred costs leasing net of $258.17M in Q2 2026.
How has Empire State Realty Trust's deferred costs leasing net changed year-over-year?
Empire State Realty Trust's deferred costs leasing net increased by 42.1% year-over-year, from $181.69M to $258.17M.
What is the long-term trend for Empire State Realty Trust's deferred costs leasing net?
Over 5 years (2020 to 2025), Empire State Realty Trust's deferred costs leasing net has grown at a 5.8% compound annual growth rate (CAGR), from $201.72M to $267.68M.
What does deferred costs leasing net mean?
Deferred Costs Leasing Net

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