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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin17.9%-2.1pp17.7%-3.0pp18.7%-1.8pp19.4%-0.9pp20%-1.2pp
Net margin7.7%-3.5pp9.5%-1.0pp7.8%-2.4pp8.9%-0.9pp11.2%+0.2pp
Returns
Return on equity5.7%-2.7pp7%-1.0pp5.8%-1.9pp6.7%-0.8pp8.5%-0.1pp
Return on invested capital4.1%-0.8pp16.9%-7.9pp4.5%-0.6pp4.7%-0.3pp4.9%-0.3pp
Efficiency
Asset turnover0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×
Leverage
Debt-to-equity2.4×+0.1×0.0×2.2×-0.2×2.2×-0.2×2.3×-0.1×
Net debt / EBITDA7.2×+1.1×-0.4×+0.7×6.4×+0.7×6.5×+1.1×6.1×+0.4×
Per Share
Book value per share$3.95+3.2%$3.93+2.5%$3.86+2.5%$3.85+2.2%$3.83+2.8%
Valuation
Market capitalization$889.74M-38.4%$1.11B-35.5%$1.3B-29.1%$1.38B-10.9%$1.31B-21.1%
Price / earnings14.8×-2.0×15.2×-6.2×21.8×-1.9×20.1×-0.7×15.3×-4.8×
Price / sales1.1×-0.7×1.4×-0.8×1.7×-0.7×1.8×-0.3×1.7×-0.5×
Price / book0.8×-0.6×-0.6×1.2×-0.6×1.3×-0.2×1.3×-0.4×
EV / EBITDA9.9×-0.5×2.9×-0.9×10.3×-0.7×10.6×+0.7×10×-0.5×
Dividend yield2.7%+1.1pp2.1%+0.8pp1.8%+0.6pp1.7%+0.2pp1.8%+0.4pp

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Questions, answered.

Where do Empire State Realty Trust's ratios come from?
Every ratio is computed from Empire State Realty Trust's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.