Stocks Real estate ESRT
NYSE · Real estateEmpire State Realty Trust, Inc. (ESRT)
Empire State Realty Trust, Inc. brought in $779.5M of revenue over the twelve months to September 30, 2026, up 1.7% from a year earlier. It posted a net loss of $1.8M. Operating cash flow minus capital spending left $50.6M of free cash flow in fiscal 2025. At September 30, 2026 it held $85.3M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 9, 2026.
Key facts about Empire State Realty Trust, Inc.
- Net worth
- Empire State Realty Trust, Inc. has a market value (market cap) of $917.6M at the latest share price, and shareholders' equity of $1B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $768.3M (+0.0% year on year), with net income of $43.4M. Over the 12 months to September 30, 2026: revenue $779.5M, net loss $1.8M.
- Cash flow
- In fiscal 2025 operations brought in $249.1M of cash; after $198.5M of capital spending, free cash flow was $50.6M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 9, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Empire State Realty Trust, Inc.'s next report is expected around February 16, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Empire State Realty Trust, Inc. declared dividends of $0.14 per share in fiscal 2025, a yield of 2.63% at the current price.
What Empire State Realty Trust, Inc. does
Empire State Realty Trust, Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NYSE under the ticker ESRT.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $768.3M | $43.4M | $0.25 | $50.6M |
| 2024 | $767.9M | $47.4M | $0.28 | $88M |
| 2023 | $739.6M | $49M | $0.30 | $63.3M |
| 2022 | $727M | $36.4M | $0.22 | $125.2M |
| 2021 | $624.1M | -$10.7M | -$0.06 | -$185.9M |
| 2020 | $609.2M | -$16.7M | -$0.10 | $78.2M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where ESRT ranks in Real estate
Dividends
Empire State Realty Trust, Inc. declared $0.14 per share in fiscal 2025. At the current price that is a yield of 2.63%. It paid out $23.7M in cash dividends, 55% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.14 | $23.7M | 55% |
| 2024 | $0.14 | $23.2M | 49% |
| 2023 | $0.14 | $22.7M | 46% |
| 2022 | $0.14 | $23.1M | 63% |
| 2021 | $0.11 | $18.1M | n/a |
| 2020 | $0.21 | $37.2M | n/a |
Latest SEC filings
What Empire State Realty Trust, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026Quarterly report 10-Q · period to September 30, 2026Revenue fell 2.4% to $193.1M versus the same quarter last year; diluted EPS $0.02 versus $0.05.
- November 2, 2026
- October 30, 2026Passive stake changed SCHEDULE 13G/A
- October 5, 2026Activist stake (5% or more) SCHEDULE 13D
- August 14, 2026Passive stake (5% or more) SCHEDULE 13G
- August 14, 2026Passive stake changed SCHEDULE 13G/A
- August 12, 2026Passive stake changed SCHEDULE 13G/A
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 3% to $196.9M versus the same quarter last year; diluted EPS -$0.15 versus $0.04.
- July 30, 2026
- July 29, 2026
What is ESRT worth? A DCF from its reported cash flow
Insider trades
What the people running Empire State Realty Trust, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 1 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 7, 2026 | Malkin Anthony EChairman and CEO, Director | Exercised options | 3,061,902 | - |
| March 13, 2026 | Sutherland Donna JeanChief Accounting Officer | Received as pay | 11,584 | - |
Who owns ESRT
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Lasalle Investment Management Securities LLC13G, passive | 7.6% | August 12, 2026 |
| Vanguard Portfolio Management13G, passive | 7.28% | April 29, 2026 |
| Erez Asset Management LLC13D, may seek influence with 2 related filers | 5.8% | October 5, 2026 |
| Southeastern Asset Management, Inc.13G, passive with 2 related filers | 5.1% | August 14, 2026 |
Largest institutional holders
Insiders
2 insiders reported holding 3,079,738 shares in total, about $16.4M at the last price.
| Holder | Shares |
|---|---|
| Malkin Anthony EChairman and CEO, Director | 3,061,902 |
| Sutherland Donna JeanChief Accounting Officer | 17,836 |
Questions about ESRT
What does Empire State Realty Trust, Inc. do?
Empire State Realty Trust, Inc. is a company in the Real estate sector, listed on NYSE as ESRT. Its shares trade on NYSE under the ticker ESRT.
What is Empire State Realty Trust, Inc.'s net worth?
Empire State Realty Trust, Inc. has a market value (market cap) of $917.6M at the latest share price, and shareholders' equity of $1B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Empire State Realty Trust, Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $1.8M on revenue of $779.5M.
How much revenue does Empire State Realty Trust, Inc. make?
Over the twelve months to September 30, 2026 Empire State Realty Trust, Inc. reported revenue of $779.5M. That is 1.7% more than a year earlier.
When did Empire State Realty Trust, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 9, 2026. It covers the period to September 30, 2026.
When is Empire State Realty Trust, Inc.'s next earnings report?
Empire State Realty Trust, Inc.'s next report is expected around February 16, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Empire State Realty Trust, Inc. pay a dividend?
Yes. Empire State Realty Trust, Inc. declared dividends of $0.14 per share in fiscal 2025, a yield of 2.63% at the current price.
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Where the numbers come from
Financial figures are the values Empire State Realty Trust, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.