Empire State Realty Trust (ESRT)
Owner of the Empire State Building and a pure-NYC office, retail, and observatory portfolio.
$4.08
vs last close−0.03 (−0.61%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 192 | 193 | 181 | 190 | 200 | 198 | 180 | 191 | 198 | 199 | 190 | 197 |
| Cost of revenue | 87 | 86 | 88 | 85 | 90 | 91 | 89 | 90 | 33 | 543 | 193 | 195 |
| Gross profit | 105 | 107 | 93 | 105 | 110 | 106 | 92 | 101 | 164 | −343 | −3 | 2 |
| 63 | 66 | 62 | 65 | 64 | 63 | 66 | 66 | 125 | −379 | −32 | −25 | |
| 16 | 16 | 16 | 18 | 18 | 18 | 17 | 19 | 19 | 18 | 18 | 25 | |
| General & administrative | 16 | 16 | 16 | 18 | 18 | 18 | 17 | 19 | 19 | 18 | 18 | 25 |
| Other expenses | 47 | 50 | 46 | 47 | 46 | 45 | 49 | 47 | 106 | −397 | −50 | −50 |
| Operating income | 42 | 41 | 31 | 39 | 45 | 43 | 26 | 35 | 39 | 35 | 29 | 27 |
| −21 | −23 | −22 | −10 | −21 | −23 | −11 | −23 | −24 | −2 | −28 | −68 | |
| Interest income | 4 | 5 | 4 | 5 | 7 | 5 | 4 | 2 | 1 | 2 | 1 | 2 |
| Interest expense | 25 | 25 | 25 | 26 | 29 | 29 | 28 | 25 | 25 | 26 | 28 | 28 |
| Other non-operating income | 0 | −2 | −4 | −16 | −8 | −6 | 0 | −2 | −1 | −24 | −1 | 40 |
| Income before tax | 21 | 18 | 10 | 29 | 24 | 20 | 15 | 12 | 15 | 33 | 2 | −40 |
| Income tax expense | 1 | 2 | −1 | 1 | 1 | 1 | −1 | 0 | 2 | 1 | −1 | −1 |
| Net income from continuing operations | 20 | 16 | 10 | 29 | 23 | 19 | 16 | 11 | 14 | 32 | 3 | −40 |
| Net income | 13 | 10 | 7 | 18 | 15 | 12 | 10 | 8 | 9 | 21 | 2 | −25 |
| EPS, basic | $0.07 | $0.06 | $0.03 | $0.10 | $0.13 | $0.07 | $0.06 | $0.04 | $0.05 | $0.12 | $0.01 | −$0.15 |
| EPS, diluted | $0.07 | $0.06 | $0.03 | $0.10 | $0.08 | $0.05 | $0.05 | $0.04 | $0.05 | $0.07 | $0.00 | −$0.15 |
| Weighted average shares, basic | 162 | 162 | 163 | 164 | 165 | 165 | 167 | 168 | 169 | 169 | 171 | 171 |
| Weighted average shares, diluted | 266 | 267 | 267 | 269 | 270 | 269 | 270 | 270 | 270 | 270 | 269 | 269 |
| EBITDA | 89 | 88 | 82 | 104 | 99 | 95 | 75 | 86 | 88 | 109 | 80 | 38 |
| Depreciation & amortization | 47 | 45 | 48 | 49 | 46 | 45 | 49 | 49 | 48 | 49 | 50 | 50 |
| EBIT | 42 | 43 | 35 | 55 | 54 | 49 | 26 | 37 | 40 | 59 | 30 | −13 |
