Empire State Realty Trust ESRT Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 17.9%+0.2pp | 17.7%-1.0pp | 18.7%-0.7pp | 19.4%-0.6pp | 20%-0.7pp | |
| Net margin | 7.7%-1.8pp | 9.5%+1.7pp | 7.8%-1.2pp | 8.9%-2.3pp | 11.2%+0.7pp | |
| EBITDA margin | 43.1%+0.1pp | 43%-0.4pp | 43.4%-0.5pp | 43.9%-0.6pp | 44.5%-0.3pp | |
| Returns | ||||||
| Return on equity | 5.7%-1.2pp | 7%+1.2pp | 5.8%-0.9pp | 6.7%-1.8pp | 8.5%+0.5pp | |
| Return on assets | 1.4%-0.2pp | 1.6%+0.2pp | 1.4%-0.2pp | 1.6%-0.5pp | 2.1%+0.2pp | |
| Return on invested capital | 4.1%-12.8pp | 16.9%+12.4pp | 4.5%-0.3pp | 4.7%-0.1pp | 4.9%-20.0pp | |
| Efficiency | ||||||
| Asset turnover | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 2.4×+2.3× | 0×-2.2× | 2.2×0.0× | 2.2×0.0× | 2.3×+2.2× | |
| Debt-to-assets | 0.6×+0.6× | 0×-0.6× | 0.6×0.0× | 0.6×0.0× | 0.6×+0.6× | |
| Net debt / EBITDA | 7.2×+7.6× | -0.4×-6.8× | 6.4×-0.1× | 6.5×+0.4× | 6.1×+7.3× | |
| Per Share | ||||||
| Book value per share | $3.95+0.7% | $3.93+1.7% | $3.86+0.4% | $3.85+0.4% | $3.83-0.1% | |
| Valuation | ||||||
| Market capitalization | $889.74M-38.6% | $1.11B-14.6% | $1.3B-5.8% | $1.38B+5.2% | $1.31B-23.8% | |
| Enterprise value | $3.31B-6.6% | $971.09M-71.7% | $3.43B-4.0% | $3.57B+4.9% | $3.4B+158% | |
| Price / earnings | 14.8×-2.1× | 15.2×-6.6× | 21.8×+1.7× | 20.1×+4.8× | 15.3×-6.2× | |
| Price / sales | 1.1×-0.7× | 1.4×-0.3× | 1.7×-0.1× | 1.8×+0.1× | 1.7×-0.5× | |
| Price / book | 0.8×-0.6× | 1×-0.2× | 1.2×-0.1× | 1.3×+0.1× | 1.3×-0.4× | |
| EV / EBITDA | 9.8×-0.5× | 2.9×-7.4× | 10.3×-0.3× | 10.6×+0.6× | 10×+6.1× | |
| EV / sales | 4.2×-0.4× | 1.3×-3.2× | 4.5×-0.2× | 4.6×+0.2× | 4.4×+2.7× | |
| Earnings yield | 6.8%+0.8pp | 6.6%+2.0pp | 4.6%-0.4pp | 5%-1.6pp | 6.6%+1.9pp | |
| Dividend yield | 2.7%+1.1pp | 2.1%+0.3pp | 1.8%+0.1pp | 1.7%-0.1pp | 1.8%+0.4pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
