What is Empire State Realty Trust's interest capitalized?

Empire State Realty Trust (ESRT) reported interest capitalized of $916K in Q1 2026.

What does interest capitalized mean?

Represents the portion of interest expense incurred during the construction or development of real estate assets that is capitalized as part of the asset's cost rather than expensed immediately. This metric reflects the company's investment in long-term capital projects and its impact on current period income statements. It is a key indicator of development activity and accounting treatment for borrowing costs.

Empire State Realty Trust ESRT Interest capitalized

Interest capitalized at other companies

TidewaterTDW

$7.5K-88.0%

Paycom SoftwarePAYC

$0—

Mid-America Apartment CommunitiesMAA

$3.87M-24.2%

John B. Sanfilippo & SonJBSS

$0—

Empire State Realty TrustESRT

$916K—

AshlandASH

$0-100%

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:InterestCostsCapitalized.

The official record: Empire State Realty Trust’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Empire State Realty Trust's interest capitalized?: Empire State Realty Trust (ESRT) reported interest capitalized of $916K in Q1 2026.
What does interest capitalized mean?: Represents the portion of interest expense incurred during the construction or development of real estate assets that is capitalized as part of the asset's cost rather than expensed immediately. This metric reflects the company's investment in long-term capital projects and its impact on current period income statements. It is a key indicator of development activity and accounting treatment for borrowing costs.