ESRT Empire State Realty Trust Inc

Price (delayed)

$7.8

Market cap

$1.31B

P/E Ratio

26.9

Dividend/share

$0.14

EPS

$0.29

Enterprise value

$3.33B

Empire State Realty Trust, Inc. owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the ...

Highlights
The P/E is 28% below the last 4 quarters average of 37.7
The company's equity rose by 4.6% YoY
The EPS has grown by 12% from the previous quarter but it has contracted by 3.3% YoY
The net income has increased by 4.1% from the previous quarter but it has decreased by 3% YoY
The debt has grown by 10% YoY

Key stats

What are the main financial stats of ESRT
Market
Shares outstanding
167.71M
Market cap
$1.31B
Enterprise value
$3.33B
Valuations
Price to earnings (P/E)
26.9
Price to book (P/B)
1.26
Price to sales (P/S)
1.67
EV/EBIT
20.33
EV/EBITDA
9.56
EV/Sales
4.34
Earnings
Revenue
$767.92M
Gross profit
$413.76M
Operating income
$158.71M
Net income
$51.64M
EBIT
$164.04M
EBITDA
$348.86M
Free cash flow
$83.94M
Per share
EPS
$0.29
EPS diluted
$0.28
Free cash flow per share
$0.51
Book value per share
$6.18
Revenue per share
$4.66
TBVPS
$24.37
Balance sheet
Total assets
$4.51B
Total liabilities
$2.73B
Debt
$2.46B
Equity
$1.03B
Working capital
N/A
Liquidity
Debt to equity
2.38
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.81
Margins
EBITDA margin
45.4%
Gross margin
53.9%
Net margin
6.7%
Operating margin
20.7%
Efficiency
Return on assets
1.1%
Return on equity
4.7%
Return on invested capital
2.8%
Return on capital employed
N/A
Return on sales
21.4%
Dividend
Dividend yield
1.79%
DPS
$0.14
Payout ratio
48.3%

ESRT stock price

How has the Empire State Realty Trust stock price performed over time
Intraday
-0.26%
1 week
-1.89%
1 month
-15.86%
1 year
-18.92%
YTD
-24.42%
QTD
-0.26%

Financial performance

How have Empire State Realty Trust's revenue and profit performed over time
Revenue
$767.92M
Gross profit
$413.76M
Operating income
$158.71M
Net income
$51.64M
Gross margin
53.9%
Net margin
6.7%
Empire State Realty Trust's operating income has increased by 8% YoY
The net margin has contracted by 7% YoY but it has grown by 3.1% from the previous quarter
The operating margin has increased by 4.5% YoY
Empire State Realty Trust's revenue has increased by 3.8% YoY

Growth

What is Empire State Realty Trust's growth rate over time

Valuation

What is Empire State Realty Trust stock price valuation
P/E
26.9
P/B
1.26
P/S
1.67
EV/EBIT
20.33
EV/EBITDA
9.56
EV/Sales
4.34
The P/E is 28% below the last 4 quarters average of 37.7
The EPS has grown by 12% from the previous quarter but it has contracted by 3.3% YoY
ESRT's P/B is 25% lower than its last 4 quarters average of 1.7 and 15% lower than its 5-year quarterly average of 1.5
The company's equity rose by 4.6% YoY
ESRT's price to sales (P/S) is 24% lower than its 5-year quarterly average of 2.2 and 24% lower than its last 4 quarters average of 2.2
Empire State Realty Trust's revenue has increased by 3.8% YoY

Efficiency

How efficient is Empire State Realty Trust business performance
The ROA has decreased by 8% YoY
The ROE has contracted by 6% YoY but it has grown by 4.4% from the previous quarter
The ROS has grown by 2.9% from the previous quarter

Dividends

What is ESRT's dividend history
DPS
$0.14
Dividend yield
1.79%
Payout ratio
48.3%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Empire State Realty Trust financials performed over time
The total assets is 65% more than the total liabilities
The total liabilities has increased by 10% YoY
The total assets has grown by 7% YoY
The debt is 138% more than the equity
The debt has grown by 10% YoY
The company's equity rose by 4.6% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified. Data from and Sharadar.