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Empire State Realty Trust ESRT Write-off of fully depreciated assets

Write-off of fully depreciated assets at other companies

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$81K
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$6.22M-47.9%
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$22.85M-1.8%
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$12.86M-62.4%
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$5.73M-73.1%
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Zillow Group, Inc.ZG
$36.25M+70.6%

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 esrt:PropertyPlantAndEquipmentAndIntangibleAssetsWriteOff.

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 write-off of fully depreciated assets?
Empire State Realty Trust (ESRT) reported write-off of fully depreciated assets of $8.9M in Q1 2026.
How has Empire State Realty Trust's write-off of fully depreciated assets changed year-over-year?
Empire State Realty Trust's write-off of fully depreciated assets decreased by 4.0% year-over-year, from $9.27M to $8.9M.
What is the long-term trend for Empire State Realty Trust's write-off of fully depreciated assets?
Over 3 years (2021 to 2025), Empire State Realty Trust's write-off of fully depreciated assets has grown at a -6.6% compound annual growth rate (CAGR), from $31.34M to $25.51M.
What does write-off of fully depreciated assets mean?
Represents the non-cash write-off of assets that have reached the end of their useful life or are no longer in service. This metric helps investors reconcile the difference between accounting depreciation and the actual removal of assets from the balance sheet.