Empire State Realty OP, L.P.
ESBA NYSEΒ· Real Estate Investment Trusts
Last close Β· Oct 23, 2026
$4.76
KIRA Β· Stoqlyβs AI analyst, in plain words
- Empire State Realty OP, L.P. had $768M of revenue in fiscal 2025, up 0.0% on the year before. Over five years, revenue changed +4.7% a year on average.
- Its operating margin was 17.7%, down 3.0Β pts: of every 100 in sales, about 18 is left after running the business.
- Empire State Realty OP, L.P. made $73.0M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew β4.5% a year.
- Empire State Realty OP, L.P. returned $47.1M to shareholders in fiscal 2025. The diluted share count rose 0.4%.
Market cap
$1.3B
P/E
β
Revenue
$768M
Net income
$73.0M
Free cash flow
β
Operating margin
17.7%
Empire State Realty OP, L.P. in 30 seconds Β· fiscal 2025
Are sales growing?
+0.0%
Only a little. Sales grew 0.0% last year.
Does it make a profit?
9.5%
A little. It keeps 9.5% of every sale as profit.
What Empire State Realty OP, L.P. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K Β· Mar 2, 2026
- Legal name
- Empire State Realty OP, L.P.
- CIK
- 0001553079
Empire State Realty OP, L.P. Β· ESBA
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $624M | $727M | $740M | $768M | $768M |
| Revenue growth | 2.4% | 16.5% | 1.7% | 3.8% | 0.0% |
| Operating margin | 12.7% | 17.5% | 19.8% | 20.7% | 17.7% |
| Net income | β$13.0M | $63.2M | $84.4M | $80.4M | $73.0M |
| Net margin | β2.1% | 8.7% | 11.4% | 10.5% | 9.5% |
| Diluted EPS | β$0.06 | $0.22 | $0.30 | $0.28 | $0.25 |
| Cash | |||||
| Cash from operations | $212M | $211M | $232M | $261M | $249M |
| Capital expenditure | $398M | $86.0M | $169M | β | β |
| Free cash flow | β$186M | $125M | $63.3M | β | β |
| FCF margin | β29.8% | 17.2% | 8.6% | β | β |
| Dividends paid | $28.6M | $38.6M | $37.1M | $38.3M | $39.0M |
| Share buybacks | $46.7M | $90.2M | $13.1M | $0.0M | $8.1M |
| Share count change | β2.3% | β2.7% | β1.6% | 1.3% | 0.4% |
| Debt and strength | |||||
| Cash and short-term investments | $424M | $264M | $347M | $385M | $133M |
| Interest coverage | 0.8x | 1.3x | 1.4x | 1.5x | 1.3x |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Empire State Realty OP, L.P. Β· ESBA
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $4.76 a share, the company is worth $1.3B.
Source: SEC EDGAR XBRL filings (CIK 0001553079). Data updated October 24, 2026. For information only β not investment advice. Check the original filings before relying on any figure.
