Skip to content
Screener

Empire State Realty Trust ESRT Construction in progress

Construction in progress at other companies

ALX
Alexander'sALX
$0-100%
Vornado Realty logo
Vornado RealtyVNO
$946.8M+7.6%
American Assets Trust logo
American Assets TrustAAT
$88.16M+29.5%
Piedmont Office Realty Trust logo
Piedmont Office Realty TrustPDM
$47.13M-56.4%
Highwoods Properties logo
Highwoods PropertiesHIW
$0

Other financials

Income statement

See full
Revenue$196.9M+3.0%
Operating income-$138.7M-495%
Net income-$39.6M-447%
EPS (diluted)-$0.15-475%

Balance sheet

See full
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

See full
Operating cash flow$19.5M-26.9%
CapEx$31.0M-62.1%
Free cash flow$50.7M+23.5%

Valuation

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

Profitability

See full
Operating margin-4.4%-23.8pp
Net margin1.2%-7.8pp
FCF margin10.4%

Returns & leverage

See full
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:DevelopmentInProcess.

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) / ASSETSJune 30, 2026 / (unaudited)December 31, 2025
Real estate properties, at cost:
Land$838,834$458,662
Development costs8,1878,187
Building and improvements3,629,2273,739,058
4,476,2484,205,907
Less: accumulated depreciation(1,335,719)(1,366,829)
Real estate properties, net3,140,5292,839,078
Cash and cash equivalents85,605132,657

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Empire State Realty Trust's construction in progress?
Empire State Realty Trust (ESRT) reported construction in progress of $8.19M in Q2 2026.
How has Empire State Realty Trust's construction in progress changed year-over-year?
Empire State Realty Trust's construction in progress decreased by 0.0% year-over-year, from $8.19M to $8.19M.
What is the long-term trend for Empire State Realty Trust's construction in progress?
Over 5 years (2020 to 2025), Empire State Realty Trust's construction in progress has grown at a 0.5% compound annual growth rate (CAGR), from $7.97M to $8.19M.
What does construction in progress mean?
Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.

Ask your AI about Empire State Realty Trust's construction in progress.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude