A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 26, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FISK SEC filings page.
Empire State Realty OP, L.P. Series 250 (FISK) reported $784.2M in revenue over the twelve months to Jun 30, 2026, up 2.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 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).
Stable sales masked weaker operating efficiency and cash generation as reinvestment increased in FY2025.
FY2025's flat revenue alongside capital expenditures rising14.8% points to heavier reinvestment without corresponding sales expansion. That mismatch helped push free cash flow down42.5% to$50.6M , making cash generation more sensitive to investment spending.
Operating margin fell 3.0 percentage points to
Long-term debt rose
Financial Health Signals
Empire State Realty OP, L.P. Series 250 does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Empire State Realty OP, L.P. Series 250 passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), the one computable operating efficiency signal (asset turnover improving) passes.
For every $1 of reported earnings, Empire State Realty OP, L.P. Series 250 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.
Empire State Realty OP, L.P. Series 250 earns $1.32 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
Earnings & Revenue
Empire State Realty OP, L.P. Series 250 generated $196.9M in revenue in Q2 2026. This represents an increase of 3.0% from the same quarter a year earlier. Against the prior quarter it is up 3.5%.
Empire State Realty OP, L.P. Series 250's EBITDA was -$88.3M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 206.5% from the same quarter a year earlier. Against the prior quarter it is down 210.9%.
Empire State Realty OP, L.P. Series 250 reported a net loss of $40.6M in Q2 2026. This represents a decrease of 456.7% from the same quarter a year earlier. Against the prior quarter it is down 2187.7%.
Empire State Realty OP, L.P. Series 250 earned -$0.15 per diluted share (EPS) in Q2 2026. This represents a decrease of 475.0% from the same quarter a year earlier. Against the prior quarter it is down 1600.0%.
Cash & Balance Sheet
Empire State Realty OP, L.P. Series 250 recorded an outflow of $11.4M in free cash flow in Q2 2026, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 122.6%.
Empire State Realty OP, L.P. Series 250 held $85.6M in cash against $337.1M in long-term debt as of Q2 2026.
Empire State Realty OP, L.P. Series 250 paid $0.04 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Empire State Realty OP, L.P. Series 250's operating margin was -70.5% in Q2 2026, reflecting core business profitability. This is down 88.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 85.9 percentage points.
Empire State Realty OP, L.P. Series 250's net profit margin was -20.6% in Q2 2026, showing the share of revenue converted to profit. This is down 26.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 21.6 percentage points.
Empire State Realty OP, L.P. Series 250's quarterly ROE was -2.3% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 2.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.4 percentage points.
Not reported for Q2 2026.
Capital Allocation
Empire State Realty OP, L.P. Series 250 invested $31.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 62.1% from the same quarter a year earlier. Against the prior quarter it is up 70.4%.
Not reported for Q2 2026.
Not reported for Q2 2026.
FISK Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $196.9M+3.0% | $190.3M+5.7% | $199.2M+0.8% | $197.7M-0.9% | $191.3M+0.9% | $180.1M-0.6% | $197.6M+2.4% | $199.6M+4.2% |
| SG&A Expenses | $25.1M+34.5% | $18.1M+6.8% | $18.5M+3.4% | $18.7M+2.0% | $18.7M+3.7% | $16.9M+6.1% | $17.9M+10.7% | $18.4M+14.7% |
| Operating Income | -$138.7M-494.9% | $29.5M+14.2% | $35.4M-17.5% | $39.3M-13.3% | $35.1M-10.8% | $25.8M-17.0% | $42.9M+5.3% | $45.3M+7.3% |
| EBITDA | -$88.3M-206.5% | $79.7M+6.9% | $86.0M-2.6% | $86.9M-4.7% | $82.9M-4.5% | $74.6M-3.3% | $88.3M-2.3% | $91.2M+2.7% |
| Interest Expense | $27.8M+10.7% | $28.1M+4.5% | $25.9M-5.5% | $25.2M-8.1% | $25.1M-0.8% | $26.9M+7.2% | $27.4M+7.8% | $27.4M+8.0% |
| Income Tax | -$767K-260.5% | -$1.1Mn/m | $1.1M-8.4% | $1.6M+14.1% | $478K-36.3% | -$619Kn/m | $1.2M-35.8% | $1.4M+2.3% |
| Net Income | -$40.6M-456.7% | $1.9M-87.7% | $32.2M+71.2% | $13.6M-40.1% | $11.4M-60.1% | $15.8M+54.5% | $18.8M+18.7% | $22.8M+15.0% |
| EPS (Basic) | -$0.15-475.0% | $0.01 | $0.12+71.4% | $0.05-37.5% | $0.04-60.0% | $0.06+100.0% | $0.07+40.0% | $0.08+14.3% |
| EPS (Diluted) | -$0.15-475.0% | $0.01 | $0.11+83.3% | $0.05-37.5% | $0.04-60.0% | $0.05+66.7% | $0.06+20.0% | $0.08+14.3% |
| Diluted Shares (Avg) | 269M-0.4% | 269M | N/A | 270M+0.3% | 270M+0.5% | 270M+0.8% | N/A | 270M+1.3% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
FISK Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.3B+4.8% | $4.4B+7.1% | $4.5B-0.9% | $4.1B-7.5% | $4.1B-8.0% | $4.1B-1.8% | $4.5B+6.9% | $4.4B+5.2% |
| Cash & Equivalents | $85.6M-9.5% | $68.8M-63.4% | $132.7M-65.6% | $154.1M-63.5% | $94.6M-82.3% | $187.8M-43.7% | $385.5M+11.2% | $421.9M+19.2% |
| Goodwill | $325.4M-33.8% | $491.5M0.0% | $491.5M0.0% | $491.5M0.0% | $491.5M0.0% | $491.5M0.0% | $491.5M0.0% | $491.5M0.0% |
| Total Liabilities | $2.5B+8.5% | $2.6B+10.9% | $2.6B-3.0% | $2.3B-13.9% | $2.3B-14.6% | $2.3B-5.6% | $2.7B+9.6% | $2.7B+7.9% |
| Long-Term Debt | $337.1M+25.4% | $337.0M+25.4% | $336.8M+25.3% | $269.0M+0.1% | $268.9M+0.1% | $268.8M+0.1% | $268.7M-31.0% | $268.7M-31.0% |
| Total Equity | $1.8B0.0% | $1.8B+2.1% | $1.8B+2.3% | $1.8B+2.3% | $1.8B+2.2% | $1.8B+3.5% | $1.8B+2.9% | $1.8B+1.4% |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Current Liabilities, Non-Current Liabilities, Retained Earnings.
FISK Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $19.5M-26.9% | $68.9M-17.1% | $33.9M-32.2% | $105.3M+2.4% | $26.7M-28.0% | $83.1M+17.2% | $50.0M+37.3% | $102.8M+14.1% |
| Depreciation & Amortization | $50.4M+5.4% | $50.2M+3.0% | $50.6M+11.5% | $47.6M+3.7% | $47.8M+0.7% | $48.8M+5.9% | $45.4M-8.5% | $45.9M-1.6% |
| Stock-Based Compensation | N/A | $5.9M+17.9% | N/A | N/A | N/A | $5.0M+44.4% | N/A | N/A |
| Capital Expenditures | $31.0M-62.1% | $18.2M-56.8% | $42.1M+45.1% | $32.5M-80.6% | $81.8M+364.0% | $42.1M-11.8% | $29.0M-36.1% | $168.0M+198.7% |
| Free Cash Flow | -$11.4Mn/m | $50.7M+23.5% | -$8.2M-139.0% | $72.8Mn/m | -$55.1M-382.6% | $41.1M+76.8% | $21.0Mn/m | -$65.1M-292.1% |
| Investing Cash Flow | -$69.6Mn/m | -$64.7Mn/m | -$361.9Mn/m | -$32.5Mn/m | -$113.5Mn/m | -$42.1Mn/m | -$78.7Mn/m | -$190.8Mn/m |
| Financing Cash Flow | $72.2Mn/m | -$64.6Mn/m | $296.8Mn/m | -$11.7Mn/m | -$13.9M-106.6% | -$233.0Mn/m | -$12.0Mn/m | -$18.6Mn/m |
| Dividends Paid | $10.0M+3.0% | $9.7M-0.8% | $9.7M+1.5% | $9.8M+1.6% | $9.8M+1.7% | $9.7M+2.4% | $9.6M+51.6% | $9.6M-8.9% |
| Share Buybacks | N/A | N/A | $6.0Mn/m | $0n/m | N/A | N/A | $0n/m | $0n/m |
FISK Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -70.5%-88.8pp | 15.5%+1.2pp | 17.8%-4.0pp | 19.9%-2.8pp | 18.4%-2.4pp | 14.3%-2.8pp | 21.7%+0.6pp | 22.7%+0.7pp |
| Net Margin | -20.6%-26.6pp | 1.0%-7.7pp | 16.2%+6.6pp | 6.9%-4.5pp | 5.9%-9.1pp | 8.8%+3.1pp | 9.5%+1.3pp | 11.4%+1.1pp |
| Return on Equity | -2.3%-2.9pp | 0.1%-0.8pp | 1.8%+0.7pp | 0.8%-0.5pp | 0.6%-1.0pp | 0.9%+0.3pp | 1.1%+0.1pp | 1.3%+0.2pp |
| Return on Assets | -0.9%-1.2pp | 0.0%-0.3pp | 0.7%+0.3pp | 0.3%-0.2pp | 0.3%-0.4pp | 0.4%+0.1pp | 0.4%0.0pp | 0.5%0.0pp |
| Debt-to-Equity | 0.190.0x | 0.180.0x | 0.180.0x | 0.150.0x | 0.150.0x | 0.150.0x | 0.15-0.1x | 0.15-0.1x |
| Liabilities-to-Equity | 1.39+0.1x | 1.42+0.1x | 1.45-0.1x | 1.28-0.2x | 1.28-0.3x | 1.30-0.1x | 1.53+0.1x | 1.52+0.1x |
| Asset Turnover | 0.050.0x | 0.040.0x | 0.040.0x | 0.050.0x | 0.050.0x | 0.040.0x | 0.040.0x | 0.040.0x |
| FCF Margin | -5.8%+23.0pp | 26.7%+3.8pp | -4.1%-14.8pp | 36.8%+69.4pp | -28.8%-39.1pp | 22.8%+10.0pp | 10.6%+15.3pp | -32.6%-50.4pp |
Not reported in any period shown, so not listed: Gross Margin, Current Ratio.
Where Empire State Realty OP, L.P. Series 250 Ranks
Frequently Asked Questions
What is Empire State Realty OP, L.P. Series 250's annual revenue?
Empire State Realty OP, L.P. Series 250 (FISK) reported $768.3M in total revenue for fiscal year 2025. That is unchanged from 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 State Realty OP, L.P. Series 250's revenue growing?
Empire State Realty OP, L.P. Series 250 (FISK) revenue was essentially unchanged year-over-year, at $768.3M in fiscal year 2025 against $767.9M the year before.
Is Empire State Realty OP, L.P. Series 250 profitable?
Yes, Empire State Realty OP, L.P. Series 250 (FISK) reported a net income of $7.2M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $73.0M, with a net profit margin of 9.5%.
What is Empire State Realty OP, L.P. Series 250's EBITDA?
Empire State Realty OP, L.P. Series 250 (FISK) had EBITDA of $330.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Empire State Realty OP, L.P. Series 250 have?
As of fiscal year 2025, Empire State Realty OP, L.P. Series 250 (FISK) had $132.7M in cash and equivalents against $336.8M in long-term debt.
What is Empire State Realty OP, L.P. Series 250's operating margin?
Empire State Realty OP, L.P. Series 250 (FISK) 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 State Realty OP, L.P. Series 250's net profit margin?
Empire State Realty OP, L.P. Series 250 (FISK) had a net profit margin of 9.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Empire State Realty OP, L.P. Series 250's return on equity (ROE)?
Empire State Realty OP, L.P. Series 250 (FISK) has a return on equity of 4.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Empire State Realty OP, L.P. Series 250's free cash flow?
Empire State Realty OP, L.P. Series 250 (FISK) generated $50.6M in free cash flow during fiscal year 2025. This represents a -42.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Empire State Realty OP, L.P. Series 250's operating cash flow?
Empire State Realty OP, L.P. Series 250 (FISK) generated $249.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Empire State Realty OP, L.P. Series 250's total assets?
Empire State Realty OP, L.P. Series 250 (FISK) had $4.5B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Empire State Realty OP, L.P. Series 250's capital expenditures?
Empire State Realty OP, L.P. Series 250 (FISK) invested $198.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Empire State Realty OP, L.P. Series 250's debt-to-equity ratio?
Empire State Realty OP, L.P. Series 250 (FISK) had a debt-to-equity ratio of 0.18 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Empire State Realty OP, L.P. Series 250's liabilities-to-equity ratio?
Empire State Realty OP, L.P. Series 250 (FISK) had a liabilities-to-equity ratio of 1.45 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Empire State Realty OP, L.P. Series 250's return on assets (ROA)?
Empire State Realty OP, L.P. Series 250 (FISK) 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 State Realty OP, L.P. Series 250's P/E ratio?
Empire State Realty OP, L.P. Series 250 (FISK) trades at 192x earnings, its market capitalization divided by $7.2M net income, trailing 12 months to June 30, 2026. The market capitalization is $1.4B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Empire State Realty OP, L.P. Series 250's price-to-sales ratio?
Empire State Realty OP, L.P. Series 250 (FISK) trades at 1.8x sales, its market capitalization divided by $784.2M revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.4B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Empire State Realty OP, L.P. Series 250's Piotroski F-Score?
Empire State Realty OP, L.P. Series 250 (FISK) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Empire State Realty OP, L.P. Series 250's earnings high quality?
Empire State Realty OP, L.P. Series 250 (FISK) 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 State Realty OP, L.P. Series 250 cover its interest payments?
Empire State Realty OP, L.P. Series 250 (FISK) has an interest coverage ratio of 1.32x, 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.