ESRT Empire State Realty Trust Inc
Price (delayed)
$8.955
Market cap
$1.49B
P/E Ratio
34.44
Dividend/share
$0.14
EPS
$0.26
Enterprise value
$3.48B
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 9% below the last 4 quarters average of 36.8
Empire State Realty Trust's revenue has increased by 4.8% YoY
The EPS has contracted by 21% YoY but it has grown by 4% from the previous quarter
The net income has decreased by 13% YoY but it has increased by 4.2% from the previous quarter
The debt has grown by 10% YoY
Key stats
What are the main financial stats of ESRT
Market
Valuations
Earnings
Shares outstanding
166.76M
Market cap
$1.49B
Enterprise value
$3.48B
Price to earnings (P/E)
34.44
Price to book (P/B)
1.46
Price to sales (P/S)
1.93
EV/EBIT
21.92
EV/EBITDA
10.01
EV/Sales
4.56
Revenue
$763.2M
Gross profit
$414.1M
Operating income
$156.54M
Net income
$49.59M
EBIT
$158.72M
EBITDA
$347.77M
Free cash flow
$61.41M
Per share
Balance sheet
Liquidity
EPS
$0.26
EPS diluted
$0.26
Free cash flow per share
$0.37
Book value per share
$6.15
Revenue per share
$4.63
TBVPS
$23.93
Total assets
$4.44B
Total liabilities
$2.68B
Debt
$2.46B
Equity
$1.02B
Working capital
N/A
Debt to equity
2.42
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.71
Margins
Efficiency
Dividend
EBITDA margin
45.6%
Gross margin
54.3%
Net margin
6.5%
Operating margin
20.5%
Return on assets
1.1%
Return on equity
4.5%
Return on invested capital
2.8%
Return on capital employed
N/A
Return on sales
20.8%
Dividend yield
1.56%
DPS
$0.14
Payout ratio
53.8%
ESRT stock price
How has the Empire State Realty Trust stock price performed over time
Intraday
3.17%
1 week
-0.61%
1 month
-6.82%
1 year
-10.09%
YTD
-13.23%
QTD
-13.23%
Financial performance
How have Empire State Realty Trust's revenue and profit performed over time
Revenue
$763.2M
Gross profit
$414.1M
Operating income
$156.54M
Net income
$49.59M
Gross margin
54.3%
Net margin
6.5%
The net margin has contracted by 17% YoY but it has grown by 3.2% from the previous quarter
The net income has decreased by 13% YoY but it has increased by 4.2% from the previous quarter
Empire State Realty Trust's operating income has increased by 8% YoY and by 2% QoQ
Empire State Realty Trust's revenue has increased by 4.8% 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
34.44
P/B
1.46
P/S
1.93
EV/EBIT
21.92
EV/EBITDA
10.01
EV/Sales
4.56
The EPS has contracted by 21% YoY but it has grown by 4% from the previous quarter
The P/E is 9% below the last 4 quarters average of 36.8
ESRT's P/B is 17% lower than its last 4 quarters average of 1.7 and 6% lower than its 5-year quarterly average of 1.5
The company's equity rose by 2.8% YoY
ESRT's price to sales (P/S) is 15% lower than its 5-year quarterly average of 2.2 and 15% lower than its last 4 quarters average of 2.2
Empire State Realty Trust's revenue has increased by 4.8% YoY
Efficiency
How efficient is Empire State Realty Trust business performance
The ROE has contracted by 17% YoY but it has grown by 2.3% from the previous quarter
The ROA has decreased by 15% YoY but it has increased by 10% QoQ
The ROS has contracted by 6% YoY but it has grown by 3% from the previous quarter
The ROIC is up by 3.7% from the previous quarter but it is down by 3.4% YoY
Dividends
What is ESRT's dividend history
DPS
$0.14
Dividend yield
1.56%
Payout ratio
53.8%
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 66% more than the total liabilities
The total liabilities has increased by 8% YoY
The total assets has grown by 5% YoY
The debt is 142% more than the equity
The debt has grown by 10% YoY
The debt to equity has increased by 7% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.