What is Empire St Rlty Tr Inc's earnings per share (EPS)?

Empire St Rlty Tr Inc (ESRT) reported diluted earnings per share of $0.25 for fiscal year 2025. This represents a -10.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Empire St Rlty Tr Inc Financials

ESRT

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Empire St Rlty Tr Inc (ESRT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 43/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Empire St Rlty Tr Inc has an operating margin of 17.7%, meaning the company retains $18 of operating profit per $100 of revenue. This results in a moderate score of 61/100, indicating healthy but not exceptional operating efficiency. This is down from 20.7% the prior year.

Growth

Empire St Rlty Tr Inc's revenue grew a modest 0.0% year-over-year to $768.3M. This slow but positive growth earns a score of 33/100.

Leverage

Empire St Rlty Tr Inc has a moderate D/E ratio of 2.50. This balance of debt and equity financing earns a leverage score of 51/100.

Returns

Empire St Rlty Tr Inc generates a 6.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 26/100. This is down from 7.8% the prior year.

Piotroski F-Score Neutral

4/9

Empire St Rlty Tr Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed

3.41x

For every $1 of reported earnings, Empire St Rlty Tr Inc generates $3.41 in operating cash flow ($249.1M OCF vs $73.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk

1.3x

Empire St Rlty Tr Inc earns $1.3 in operating income for every $1 of interest expense ($135.6M vs $103.1M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$768.3M

YoY+0.0%

5Y CAGR+4.7%

10Y CAGR+1.6%

Empire St Rlty Tr Inc generated $768.3M in revenue in fiscal year 2025. This represents an increase of 0.0% from the prior year.

EBITDA

$330.4M

YoY-3.8%

5Y CAGR+5.8%

10Y CAGR+0.2%

Empire St Rlty Tr Inc's EBITDA was $330.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 3.8% from the prior year.

Net Income

$73.0M

YoY-9.2%

10Y CAGR-0.9%

Empire St Rlty Tr Inc reported $73.0M in net income in fiscal year 2025. This represents a decrease of 9.2% from the prior year.

EPS (Diluted)

$0.25

YoY-10.7%

10Y CAGR-1.5%

Empire St Rlty Tr Inc earned $0.25 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 10.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$132.7M

YoY-65.6%

5Y CAGR-24.1%

10Y CAGR+11.0%

Empire St Rlty Tr Inc held $132.7M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.14

YoY+0.0%

5Y CAGR-7.8%

10Y CAGR-8.5%

Empire St Rlty Tr Inc paid $0.14 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

17.7%

YoY-3.0pp

5Y CAGR+8.0pp

10Y CAGR-5.4pp

Empire St Rlty Tr Inc's operating margin was 17.7% in fiscal year 2025, reflecting core business profitability. This is down 3.0 percentage points from the prior year.

Net Margin

9.5%

YoY-1.0pp

5Y CAGR+13.3pp

10Y CAGR-2.6pp

Empire St Rlty Tr Inc's net profit margin was 9.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 1.0 percentage points from the prior year.

Return on Equity

6.9%

YoY-0.9pp

5Y CAGR+9.0pp

10Y CAGR-8.3pp

Empire St Rlty Tr Inc's ROE was 6.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.9 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$8.1M

5Y CAGR-43.7%

Empire St Rlty Tr Inc spent $8.1M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

N/A

ESRT Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$768.3M0.0%	$767.9M+3.8%	$739.6M+1.7%	$727.0M+16.5%	$624.1M+2.4%	$609.2M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$72.8M+3.7%	$70.2M+9.8%	$63.9M+3.5%	$61.8M+10.4%	$55.9M-10.1%	$62.2M
Operating Income	$135.6M-14.5%	$158.7M+8.2%	$146.7M+15.5%	$127.0M+60.5%	$79.1M+34.9%	$58.7M
Interest Expense	$103.1M-2.0%	$105.2M+3.7%	$101.5M+0.3%	$101.2M+7.2%	$94.4M+5.0%	$89.9M
Income Tax	$2.6M-4.8%	$2.7M-1.0%	$2.7M+75.6%	$1.5M+189.2%	-$1.7M+75.1%	-$7.0M
Net Income	$73.0M-9.2%	$80.4M-4.8%	$84.4M+33.5%	$63.2M+584.9%	-$13.0M+43.0%	-$22.9M
EPS (Diluted)	$0.25-10.7%	$0.28-6.7%	$0.30+36.4%	$0.22+466.7%	$-0.06+40.0%	$-0.10

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$199.2M+0.8%	$197.7M+3.4%	$191.3M+6.2%	$180.1M-8.9%	$197.6M-1.0%	$199.6M+5.3%	$189.5M+4.6%	$181.2M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$18.5M-1.4%	$18.7M+0.3%	$18.7M+10.3%	$16.9M-5.2%	$17.9M-2.7%	$18.4M+2.0%	$18.0M+12.8%	$16.0M
Operating Income	$35.4M-10.0%	$39.3M+12.0%	$35.1M+36.2%	$25.8M-39.9%	$42.9M-5.3%	$45.3M+15.2%	$39.4M+26.7%	$31.1M
Interest Expense	$25.9M+2.7%	$25.2M+0.3%	$25.1M-6.7%	$26.9M-1.6%	$27.4M-0.1%	$27.4M+8.2%	$25.3M+0.8%	$25.1M
Income Tax	$1.1M-35.9%	$1.6M+244.1%	$478K+177.2%	-$619K-153.8%	$1.2M-20.2%	$1.4M+92.3%	$750K+214.5%	-$655K
Net Income	$32.2M+135.8%	$13.6M+19.9%	$11.4M-27.8%	$15.8M-16.0%	$18.8M-17.6%	$22.8M-20.2%	$28.6M+179.5%	$10.2M
EPS (Diluted)	N/A	$0.05+25.0%	$0.04-20.0%	$0.05	N/A	$0.08-20.0%	$0.10+233.3%	$0.03

ESRT Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$4.5B-0.9%	$4.5B+6.9%	$4.2B+1.3%	$4.2B-2.8%	$4.3B+3.2%	$4.2B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$132.7M-65.6%	$385.5M+11.2%	$346.6M+31.1%	$264.4M-37.6%	$423.7M-19.6%	$526.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$491.5M0.0%	$491.5M0.0%	$491.5M0.0%	$491.5M0.0%	$491.5M0.0%	$491.5M
Total Liabilities	$2.6B-3.0%	$2.7B+9.6%	$2.5B+0.3%	$2.5B-4.5%	$2.6B+7.4%	$2.4B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.1B+2.8%	$1.0B+4.6%	$985.5M+3.3%	$954.4M-4.4%	$998.1M-5.4%	$1.1B
Retained Earnings	-$39.6M+32.7%	-$58.9M+29.1%	-$83.1M+24.1%	-$109.5M+18.1%	-$133.6M-103.4%	-$65.7M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$4.5B+8.8%	$4.1B+0.7%	$4.1B-0.9%	$4.1B-8.8%	$4.5B+1.7%	$4.4B+0.1%	$4.4B+5.8%	$4.2B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$132.7M-13.9%	$154.1M+62.8%	$94.6M-49.6%	$187.8M-51.3%	$385.5M-8.6%	$421.9M-21.2%	$535.5M+60.5%	$333.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$491.5M0.0%	$491.5M0.0%	$491.5M0.0%	$491.5M0.0%	$491.5M0.0%	$491.5M0.0%	$491.5M0.0%	$491.5M
Total Liabilities	$2.6B+14.7%	$2.3B+0.8%	$2.3B-1.7%	$2.3B-14.7%	$2.7B+1.8%	$2.7B-0.1%	$2.7B+8.8%	$2.5B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.1B+1.6%	$1.0B+0.5%	$1.0B+0.6%	$1.0B+0.1%	$1.0B+1.5%	$1.0B+0.4%	$1.0B+1.5%	$996.1M
Retained Earnings	-$39.6M+25.3%	-$53.1M+3.7%	-$55.1M+0.8%	-$55.5M+5.7%	-$58.9M+8.3%	-$64.2M+10.7%	-$71.9M+13.6%	-$83.2M

ESRT Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$249.1M-4.5%	$260.9M+12.2%	$232.5M+10.1%	$211.2M-0.6%	$212.5M+16.6%	$182.3M
Capital Expenditures	N/A	N/A	$169.2M+96.8%	$86.0M-78.4%	$398.4M+282.8%	$104.1M
Free Cash Flow	N/A	N/A	$63.3M-49.4%	$125.2M+167.4%	-$185.9M-337.6%	$78.2M
Investing Cash Flow	-$550.0M-38.5%	-$397.1M-413.5%	-$77.3M+66.5%	-$230.9M-8.5%	-$212.7M-48.6%	-$143.1M
Financing Cash Flow	$38.2M-75.9%	$158.6M+352.2%	-$62.9M+55.2%	-$140.2M-50.7%	-$93.0M-136.2%	$257.2M
Dividends Paid	$23.7M+2.2%	$23.2M+2.4%	$22.7M-1.8%	$23.1M+27.6%	$18.1M-51.3%	$37.2M
Share Buybacks	$8.1M	$0-100.0%	$13.1M-85.5%	$90.2M+93.1%	$46.7M-67.5%	$143.7M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$33.9M-67.8%	$105.3M+294.1%	$26.7M-67.9%	$83.1M+66.2%	$50.0M-51.3%	$102.8M+176.9%	$37.1M-47.7%	$70.9M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	$168.0M+852.6%	$17.6M-63.0%	$47.7M
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	-$65.1M-434.2%	$19.5M-16.1%	$23.2M
Investing Cash Flow	-$361.9M-1012.6%	-$32.5M+71.3%	-$113.5M-169.8%	-$42.1M+46.5%	-$78.7M+58.8%	-$190.8M-238.4%	-$56.4M+20.9%	-$71.3M
Financing Cash Flow	$296.8M+2628.5%	-$11.7M+15.5%	-$13.9M+94.0%	-$233.0M-1841.9%	-$12.0M+35.6%	-$18.6M-108.9%	$210.5M+1088.2%	-$21.3M
Dividends Paid	$6.0M+0.6%	$5.9M+0.5%	$5.9M+0.7%	$5.9M+0.6%	$5.8M+0.4%	$5.8M+0.6%	$5.8M+0.4%	$5.8M
Share Buybacks	$6.0M	$0	N/A	N/A	$0	$0	$0	$0

ESRT Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	17.7%-3.0pp	20.7%+0.8pp	19.8%+2.4pp	17.5%+4.8pp	12.7%+3.0pp	9.6%
Net Margin	9.5%-1.0pp	10.5%-0.9pp	11.4%+2.7pp	8.7%+10.8pp	-2.1%+1.7pp	-3.8%
Return on Equity	6.9%-0.9pp	7.8%-0.8pp	8.6%+1.9pp	6.6%+7.9pp	-1.3%+0.9pp	-2.2%
Return on Assets	1.6%-0.2pp	1.8%-0.2pp	2.0%+0.5pp	1.5%+1.8pp	-0.3%+0.2pp	-0.5%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.50-0.2	2.65+0.1	2.52-0.1	2.600.0	2.60+0.3	2.29
FCF Margin	N/A	N/A	8.6%-8.7pp	17.2%+47.0pp	-29.8%-42.6pp	12.8%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	17.8%-2.1pp	19.9%+1.5pp	18.4%+4.0pp	14.3%-7.4pp	21.7%-1.0pp	22.7%+2.0pp	20.8%+3.6pp	17.1%
Net Margin	16.2%+9.3pp	6.9%+1.0pp	5.9%-2.8pp	8.8%-0.8pp	9.5%-1.9pp	11.4%-3.7pp	15.1%+9.4pp	5.6%
Return on Equity	3.0%+1.7pp	1.3%+0.2pp	1.1%-0.4pp	1.5%-0.3pp	1.8%-0.4pp	2.3%-0.6pp	2.8%+1.8pp	1.0%
Return on Assets	0.7%+0.4pp	0.3%+0.1pp	0.3%-0.1pp	0.4%-0.0pp	0.4%-0.1pp	0.5%-0.1pp	0.6%+0.4pp	0.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.50+0.3	2.210.0	2.21-0.1	2.26-0.4	2.650.0	2.64-0.0	2.65+0.2	2.48
FCF Margin	N/A	N/A	N/A	N/A	N/A	-32.6%-42.9pp	10.3%-2.5pp	12.8%

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Frequently Asked Questions

What is Empire St Rlty Tr Inc's annual revenue?

Empire St Rlty Tr Inc (ESRT) reported $768.3M in total revenue for fiscal year 2025. This represents a 0.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Empire St Rlty Tr Inc's revenue growing?

Empire St Rlty Tr Inc (ESRT) revenue grew by 0% year-over-year, from $767.9M to $768.3M in fiscal year 2025.

Is Empire St Rlty Tr Inc profitable?

Yes, Empire St Rlty Tr Inc (ESRT) reported a net income of $73.0M in fiscal year 2025, with a net profit margin of 9.5%.

What is Empire St Rlty Tr Inc's EBITDA?

Empire St Rlty Tr Inc (ESRT) had EBITDA of $330.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Empire St Rlty Tr Inc's operating margin?

Empire St Rlty Tr Inc (ESRT) had an operating margin of 17.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Empire St Rlty Tr Inc's net profit margin?

Empire St Rlty Tr Inc (ESRT) had a net profit margin of 9.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Empire St Rlty Tr Inc pay dividends?

Yes, Empire St Rlty Tr Inc (ESRT) paid $0.14 per share in dividends during fiscal year 2025.

What is Empire St Rlty Tr Inc's return on equity (ROE)?

Empire St Rlty Tr Inc (ESRT) has a return on equity of 6.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Empire St Rlty Tr Inc's operating cash flow?

Empire St Rlty Tr Inc (ESRT) generated $249.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Empire St Rlty Tr Inc's total assets?

Empire St Rlty Tr Inc (ESRT) had $4.5B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Empire St Rlty Tr Inc buy back shares?

Yes, Empire St Rlty Tr Inc (ESRT) spent $8.1M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is Empire St Rlty Tr Inc's debt-to-equity ratio?

Empire St Rlty Tr Inc (ESRT) had a debt-to-equity ratio of 2.50 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Empire St Rlty Tr Inc's return on assets (ROA)?

Empire St Rlty Tr Inc (ESRT) had a return on assets of 1.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Empire St Rlty Tr Inc's Piotroski F-Score?

Empire St Rlty Tr Inc (ESRT) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Empire St Rlty Tr Inc's earnings high quality?

Empire St Rlty Tr Inc (ESRT) has an earnings quality ratio of 3.41x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Empire St Rlty Tr Inc cover its interest payments?

Empire St Rlty Tr Inc (ESRT) has an interest coverage ratio of 1.3x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Empire St Rlty Tr Inc?

Empire St Rlty Tr Inc (ESRT) scores 43 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.