Companies

Empire State Realty OP, L.P.

ESBA, FISK, OGCP · CIK 0001553079 · operating

$5.55+0.00%Last updated Feb 27, 8:54 PM

Key Statistics

Valuation

Market Cap$1.56B
P/E22.20
Fwd P/E
PEG
P/S2.03
P/B0.87
EV/EBITDA11.08
EV/Rev4.57

Profitability

Gross Margin
Op. Margin17.66%
Net Margin9.50%
ROE
ROA1.63%
FCF Margin32.42%

Financial Health

Current Ratio
Debt/Equity
Free Cash Flow$249.05M
Div. Yield2.52%

Growth & Other

Revenue Growth0.05%
EPS Growth-10.71%
Beta1.38
52W High$9.03
52W Low$5.55

About Empire State Realty OP, L.P.

Empire State Realty OP, L.P. operates as the operating partnership subsidiary of Empire State Realty Trust, Inc., a publicly traded real estate investment trust headquartered in New York. The company owns and manages office properties, primarily concentrated in Manhattan and select markets across the United States. As an office-focused REIT, the company derives revenue from leasing commercial office space to institutional and corporate tenants.

The company maintains a portfolio of office buildings that generate income through rental agreements, lease renewals, and occupancy optimization. Empire State Realty OP functions as the primary vehicle through which the trust holds and operates its real estate assets, with the organizational structure allowing the trust to maintain tax efficiency as a publicly listed REIT. The company employs approximately 667 full-time staff members who manage property operations, tenant relations, and facility maintenance across its portfolio.

With a market capitalization of $1.6 billion, Empire State Realty OP represents a mid-sized participant in the office REIT sector. The company's operations are concentrated in major metropolitan areas, with significant exposure to the New York City office market, where it maintains its headquarters. The business model relies on stable, long-term tenant leases and the effective management of commercial real estate assets to generate consistent returns for shareholders.

Earnings Per Share (Annual · SEC XBRL)

Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.

Fiscal YearEPS DilutedEPS BasicYoY
2025$0.25$0.26-10.7%
2024$0.28$0.29-6.7%
2023$0.30$0.30+36.4%
2022$0.22$0.22+466.7%
2021$-0.06$-0.06+40.0%
2020$-0.10$-0.10-137.0%
2019$0.27$0.27-30.8%
2018$0.39$0.39+0.0%
2017$0.39$0.39+2.6%
2016$0.38$0.38+31.0%
2015$0.29$0.29+625.0%
2014$0.04$0.04-94.9%
2013$0.79$0.79

Annual Reports (10-K) · 13 filings

Report DateFiledAccession Number
2025-12-312026-03-020001553079-26-000003SEC ↗
2024-12-312025-02-280001553079-25-000005SEC ↗
2023-12-312024-02-280001628280-24-007675SEC ↗
2022-12-312023-02-280001628280-23-005414SEC ↗
2021-12-312022-02-250001628280-22-003947SEC ↗
2020-12-312021-02-260001628280-21-003420SEC ↗
2019-12-312020-02-280001628280-20-002552SEC ↗
2018-12-312019-02-280001628280-19-002207SEC ↗
2017-12-312018-02-280001628280-18-002433SEC ↗
2016-12-312017-02-270001628280-17-001765SEC ↗
2015-12-312016-02-260001628280-16-011762SEC ↗
2014-12-312015-02-270001628280-15-001160SEC ↗
2013-12-312014-03-240001445305-14-001132SEC ↗