ESRT Empire State Realty Trust Inc

Price (delayed)

$7.18

Market cap

$1.22B

P/E Ratio

28.72

Dividend/share

$0.14

EPS

$0.25

Enterprise value

$3.14B

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 debt has contracted by 16% YoY
The P/E is 16% below the last 4 quarters average of 34.0
The net income has decreased by 19% from the previous quarter and by 6% YoY
The EPS has contracted by 19% from the previous quarter

Key stats

What are the main financial stats of ESRT
Market
Shares outstanding
169.61M
Market cap
$1.22B
Enterprise value
$3.14B
Valuations
Price to earnings (P/E)
28.72
Price to book (P/B)
1.17
Price to sales (P/S)
1.57
EV/EBIT
19.81
EV/EBITDA
9.06
EV/Sales
4.08
Earnings
Revenue
$768.52M
Gross profit
$408.91M
Operating income
$149.2M
Net income
$44.65M
EBIT
$158.44M
EBITDA
$346.29M
Free cash flow
$62.45M
Per share
EPS
$0.25
EPS diluted
$0.23
Free cash flow per share
$0.37
Book value per share
$6.16
Revenue per share
$4.56
TBVPS
$21.31
Balance sheet
Total assets
$4.08B
Total liabilities
$2.29B
Debt
$2.06B
Equity
$1.04B
Working capital
N/A
Liquidity
Debt to equity
1.98
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.55
Margins
EBITDA margin
45.1%
Gross margin
53.2%
Net margin
5.8%
Operating margin
19.4%
Efficiency
Return on assets
0.9%
Return on equity
3.9%
Return on invested capital
2.8%
Return on capital employed
N/A
Return on sales
20.6%
Dividend
Dividend yield
1.95%
DPS
$0.14
Payout ratio
56%

ESRT stock price

How has the Empire State Realty Trust stock price performed over time
Intraday
-2.71%
1 week
0.42%
1 month
-11.58%
1 year
-30.49%
YTD
-30.43%
QTD
-11.25%

Financial performance

How have Empire State Realty Trust's revenue and profit performed over time
Revenue
$768.52M
Gross profit
$408.91M
Operating income
$149.2M
Net income
$44.65M
Gross margin
53.2%
Net margin
5.8%
The net income has decreased by 19% from the previous quarter and by 6% YoY
The net margin has contracted by 19% from the previous quarter and by 8% YoY
The operating margin has decreased by 4.4% YoY and by 3% QoQ
Empire State Realty Trust's operating income has decreased by 2.8% YoY and by 2.8% QoQ

Price vs fundamentals

How does ESRT's price correlate with its fundamentals

Growth

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

Valuation

What is Empire State Realty Trust stock price valuation
P/E
28.72
P/B
1.17
P/S
1.57
EV/EBIT
19.81
EV/EBITDA
9.06
EV/Sales
4.08
The EPS has contracted by 19% from the previous quarter
The P/E is 16% below the last 4 quarters average of 34.0
ESRT's P/B is 22% lower than its 5-year quarterly average of 1.5 and 22% lower than its last 4 quarters average of 1.5
The company's equity rose by 2.7% YoY
ESRT's price to sales (P/S) is 25% lower than its 5-year quarterly average of 2.1 and 22% lower than its last 4 quarters average of 2.0

Efficiency

How efficient is Empire State Realty Trust business performance
The ROA has decreased by 25% QoQ and by 10% YoY
The ROE has contracted by 22% from the previous quarter and by 11% YoY
The ROS has contracted by 7% from the previous quarter
The ROIC is up by 3.7% YoY but it is down by 3.4% from the previous quarter

Dividends

What is ESRT's dividend history
DPS
$0.14
Dividend yield
1.95%
Payout ratio
56%
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 78% more than the total liabilities
The total liabilities has decreased by 15% YoY
The total assets has contracted by 8% YoY
The debt is 98% more than the equity
The debt to equity has decreased by 19% YoY
The debt has contracted by 16% YoY

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