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Empire State Realty Trust ESRT Investment properties, at cost

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$267.69M-66.7%

Other financials

Income statement

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

Balance sheet

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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

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

Valuation

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

Profitability

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

Returns & leverage

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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:RealEstateInvestmentPropertyAtCost.

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
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
Restricted cash42,61233,854

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Empire State Realty Trust's investment properties, at cost?
Empire State Realty Trust (ESRT) reported investment properties, at cost of $4.48B in Q2 2026.
How has Empire State Realty Trust's investment properties, at cost changed year-over-year?
Empire State Realty Trust's investment properties, at cost increased by 14.7% year-over-year, from $3.9B to $4.48B.
What is the long-term trend for Empire State Realty Trust's investment properties, at cost?
Over 5 years (2020 to 2025), Empire State Realty Trust's investment properties, at cost has grown at a 6.1% compound annual growth rate (CAGR), from $3.13B to $4.21B.
What does investment properties, at cost mean?
This represents the total historical cost basis of all real estate assets held by the company for the purpose of generating rental income or capital appreciation. It serves as a foundational measure of the scale and physical footprint of the company's real estate portfolio before accounting for accumulated depreciation. Investors use this to assess the gross capital investment deployed into the property portfolio.

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