Loading…
← CockpitCompetitor Analysis › ESRT Empire State Realty Trust, Inc. Class AOpen in the cockpit ↗

Empire State Realty Trust, Inc. Class AESRTCompetitor analysis, valuation and peers

United States · USD·Real Estate›Real Estate Investment Trusts
Momentum strong 75
Mkt cap
$919M
US dollars, full cap
Free float
75%
of shares outstanding
$/day
$21.2M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
n/a
WACC 7.3%
Hurdle
n/a
no reverse DCF
Next earnings
103 days
17 Feb 2027
Close · USD$5.31
1D+0.2%
1W+6.8%
1M+15.9%
3M+14.4%
6M-7.0%
YTD-18.6%
1Y-27.2%
ATR %3.2%
Beta0.36
52w lowhigh29.5% off high

What Empire State Realty Trust does

Employees: 642

Empire State Realty Trust at a glance

Size Empire State Realty Trust (ESRT) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $919M, the 2302nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $5.31 on 6 Nov 2026.

Performance Over six months the shares fell 7.0%, against -11.4% for the median peer and -1.1% for the United States market (cap-weighted) — 7th highest of 21 in its peer set.

Growth Revenue grew 1.7% over the last twelve months (peer median +3.9%); the operating margin is 16.4% (peer median 50.1%).

Short interest Short interest is 7.3% of the free float (15 Oct 2026).

Next results Next results expected around 17 Feb 2027 (exchange calendar; dates can move).

Relative performance

70809010011 May 202611 Aug 20266 Nov 2026ESRT 97Peer median 89
Six months, rebased to 100: Empire State Realty Trust against the median of its 20 peers (local-currency closes).

Empire State Realty Trust financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$780M$768M$768M$740M$727M
Revenue growth—0%+4%+2%—
Gross profit$207M$208M$229M$211M$189M
EBITDA$326M$330M$344M$337M$344M
Net income$2.37M$47.6M$51.6M$53.2M$40.6M
Free cash flown/a$50.6M$88.0M$93.2M$84.9M
Capital expendituren/a$198M$173M$139M$126M
Total debt$2.26B$2.44B$2.50B$2.27B$2.27B

Quarterly statements and history in the cockpit →

Empire State Realty Trust competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%-10%0%0%+10%WKP8968O5RUDGT3468SEB3481ORCNTDUP40UWHACSRH13PSTLVITL-UN3296INNOPGINDUSINVITESRT6-month return →1-month return →
Up and to the right = strong over both horizons. Empire State Realty Trust is the large dot.

Empire State Realty Trust competitors and peer comparison

How Empire State Realty Trust compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Empire State Realty Trust against its 20 peers (data as of 6 Nov 2026)
MeasureESRTPeer medianRank in peer set
1-month return+15.9%-0.7%highest of 21
6-month return-7.0%-11.4%7th highest of 21
Distance from 52-week high-29.5%-20.0%3rd lowest of 21
Revenue growth (TTM)+1.7%+3.9%10th lowest of 21
Operating margin16.4%50.1%4th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Empire State Realty Trust ESRTUnited States$919M-7%+2%16%n/an/an/a
Workspace WKP.LUnited Kingdom$913M+8%-2%51%n/an/an/a
Fukuoka Reit 8968.TJapan$929M-7%-3%40%n/an/an/a
Aims Apac REIT O5RU.SISingapore$904M-10%+6%65%n/an/an/a
Digico Infrastructure REIT DGT.AXAustralia$941M-10%+90%-4%n/an/an/a
Star Asia Investment 3468.TJapan$895M-7%+17%41%n/an/an/a
Stoneweg Europe Stapled Trust SEB.SISingapore$889M-12%-2%57%n/an/an/a
Mitsubishi Estate Logistics REIT Investment 3481.TJapan$952M-17%-4%46%n/an/an/a
Orchid Island Capital ORCUnited States$953M-30%+83%64%n/an/an/a
Ntt Dc REIT NTDU.SISingapore$955M-9%-8%9%n/an/an/a
Starhill Global Real Estate Investment Trust P40U.SISingapore$884M-13%0%68%n/an/an/a
Wereldhave WHA.ASNetherlands$956M-15%+10%64%n/an/an/a
Centerspace CSRUnited States$963M-15%+15%42%n/an/an/a
Ho Bee Land H13.SISingapore$978M-13%+5%52%n/an/an/a
Postal Realty Trust PSTLUnited States$863M-5%+22%38%n/an/an/a
CapitaLand China Trust AU8U.SISingapore$860M-7%-10%59%n/an/an/a
Vital Infrastructure Property Trust VITL-UN.TOCanada$853M-15%-28%50%n/an/an/a
NIPPON REIT Investment 3296.TJapan$852M-18%+42%26%n/an/an/a
Summit Hotel Properties INNUnited States$845M+27%+2%10%n/an/an/a
Cpi Fim OPG.WAPoland$1.00B-16%-35%62%n/an/an/a
Indus Infra Trust INDUSINVIT.NSIndia$842M+3%+41%74%n/an/an/a

Questions

Which companies are Empire State Realty Trust's closest peers?
The cockpit's peer set: Workspace (WKP.L), Fukuoka Reit (8968.T), Aims Apac REIT (O5RU.SI), Digico Infrastructure REIT (DGT.AX), Star Asia Investment (3468.T), Stoneweg Europe Stapled Trust (SEB.SI), Mitsubishi Estate Logistics REIT Investment (3481.T), Orchid Island Capital (ORC).
How has Empire State Realty Trust stock performed?
Over six months to 6 Nov 2026 the shares returned -7.0% against -11.4% for the median peer; over one year -27.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.