BPYPP vs ESRT Stock Comparison

Brookfield Property Partners and Empire State Realty Trust Prices as of Oct 26, 2026 Peers: Industry group

Head to Head

9 decided of 12

Brookfield Property Partners leads on 6 of the 12 questions below (Brookfield Property Partners 6, Empire State Realty Trust 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBPYPPESRTLeader
Larger companyMarket capitalisation $14.34B $861.18M BPYPP
Cheaper on earningsLower P/E, profitable companies only -56.2x 280.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.2x — –
Faster revenue growthRevenue growth, trailing twelve months -9.5% +2.0% ESRT
More profitableNet margin, trailing twelve months -3.6% 0.4% ESRT
Better return on capitalReturn on invested capital 0.0% -1.1% BPYPP
Less leveragedLower net debt / EBITDA 6.9x 5.0x ESRT
Higher dividend yieldTrailing dividend yield 0.00% 0.03% –
Better 1-year returnPrice return, last 12 months +0.3% -36.6% BPYPP
Better 5-year returnAnnualised price return, 5 years -10.2%/yr -13.7%/yr BPYPP
Less volatileAnnualised volatility, 1 year 21.1% 36.7% BPYPP
Higher overall scoreMean of the five percentile scores vs peers 52/100 35/100 BPYPP

Percentile Scorecard

BPYPPESRT

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBPYPPESRT
Valuation 92 #13 of 145 76 #35 of 145
Growth 67 #48 of 142 1 #140 of 142
Profitability 18 #112 of 136 25 #102 of 136
Financial Health 51 #69 of 139 60 #56 of 139
Shareholder Returns 33 #88 of 131 12 #115 of 131
Overall 52 35
  • BPYPP ranked among 149 companies in Property REITs
  • ESRT ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBPYPPESRTSPY
1 month -0.3%+22.9% -0.8%
3 months -6.6%-10.5% +3.5%
6 months -6.8%-11.2% +7.0%
Year to date +2.9%-22.5% +12.2%
1 year +0.3%-36.6% +13.0%
3 years +30.6%-37.0% +86.3%
3 years, per year +9.3%-14.3% +23.1%
5 years -41.5%-52.0% +68.6%
5 years, per year -10.2%-13.7% +11.0%
10 years —-74.4% +258.0%
10 years, per year —-12.7% +13.6%

Risk

MeasureBPYPPESRTSPY
Volatility, 1Y 21.1%36.7% 12.7%
Downside volatility, 1Y 19.9%42.0% 12.7%
Beta vs S&P 500, 1Y 0.400.32 1.00
Return / volatility, 1Y 0.01-1.00 1.02
Max drawdown, 5Y -56.4%-65.6% -25.4%
From 52-week high -10.1%-36.6% -1.8%
52-week high $16.70$7.96 $779.14
52-week low $14.38$3.93 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBPYPPESRT
P/E now vs peer median -56.5xmedian 27.4x 281.1xmedian 27.4x
P/S now vs peer median 2.0xmedian 4.2x 1.1xmedian 4.2x
EV/EBITDA now vs peer median 10.6xmedian 14.2x 10.0xmedian 14.2x
P/FCF now vs peer median —median 23.2x -2.0xmedian 23.2x
P/B now vs peer median 0.3xmedian 1.3x 0.5xmedian 1.3x
PEG now vs peer median -1.36median 2.11 -4.70median 2.11

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBPYPPESRT
Revenue $7.17B $784.18M
Operating income – -$34.52M
Net income -$113.00M $9.26M
Free cash flow – -$437.31M
EPS (diluted) $-0.27 $0.01
Cash & equivalents $1.49B $85.61M
Total debt $28.73B $4.54B
Shares (diluted) 960.29M 268.95M
Enterprise value $7.01B $419.99M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBPYPPESRT
P/E -56.5x 281.1x
P/FCF – -2.0x
P/Operating cash flow – 3.8x
P/S 2.0x 1.1x
P/B 0.3x 0.5x
P/Tangible book 0.3x 0.5x
EV/EBITDA 10.6x 10.0x
EV/EBIT 11.5x -50.3x
EV/Revenue 5.8x 2.2x
EV/FCF – -4.0x
EV/Operating cash flow – 7.6x
PEG (3Y EPS CAGR) -1.36 -4.70

Growth

14 metrics
MetricBPYPPESRT
Revenue growth (1Y) -9.5% 2.0%
Revenue CAGR (3Y) -4.1% 2.9%
Gross profit growth (1Y) – –
Gross profit CAGR (3Y) – –
Operating income growth (1Y) – -123.1%
Operating income CAGR (3Y) – -31.0%
Net income growth (1Y) 83.2% -86.5%
Net income CAGR (3Y) 62.1% -51.3%
EPS growth (1Y) 63.1% -92.4%
EPS CAGR (3Y) 41.4% -59.8%
Operating cash flow growth (1Y) – -13.3%
Operating cash flow CAGR (3Y) – -0.8%
Free cash flow growth (1Y) – -169.4%
Free cash flow CAGR (3Y) – -149.9%

Profitability

14 metrics
MetricBPYPPESRT
Gross margin – –
EBITDA margin 55.0% 22.1%
Operating margin – -4.4%
Pretax margin 2.7% 1.3%
Net margin -3.6% 0.4%
FCF margin – -55.8%
Operating cash flow margin – 29.0%
Return on equity -0.3% 0.5%
Return on assets -0.1% 0.2%
Return on invested capital 0.0% -1.1%
Return on capital employed 4.1% –
Asset turnover 0.1x 0.2x
Cash conversion (OCF / net income) – 24.6x
Stock comp / revenue – 3.9%

Financial Health

11 metrics
MetricBPYPPESRT
Debt / assets 28.1% 22.4%
Debt / equity 0.7x 0.5x
Net debt / EBITDA 6.9x 5.0x
Debt / FCF – -2.2x
Liabilities / assets 58.3% 58.1%
Equity / assets 41.7% 41.9%
Interest coverage 1.1x -0.3x
Current ratio 0.3x –
Quick ratio 0.3x –
Cash ratio 0.1x –
Altman Z-score – –

Shareholder Returns

7 metrics
MetricBPYPPESRT
Dividend yield 10.9% 3.1%
Net buyback yield -10.2% –
Shareholder yield 0.7% 3.1%
Payout ratio (earnings) – 259.1%
Payout ratio (FCF) – -5.5%
Dividend growth (1Y) – 2.2%
Dividend CAGR (3Y) – 1.9%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBPYPPESRT
Forward P/E 11.2xFY2023 –
EPS, next fiscal year $1.34FY2023 $-0.35FY2027
EPS growth, next FY – -240.0%FY2027
Revenue, next fiscal year $7.07BFY2023 $758.24MFY2026
Revenue growth, next FY – -1.3%FY2026
Revenue growth, the year after – +4.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBPYPPESRT
Held by institutions – 83.1%
Institutions holding – 228
Change in shares held, QoQ – +0.4%
Institutions buying – 141
Institutions selling – 51
Buyers to sellers – 2.76

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BPYPPESRT
BPYPP 1.00 0.07
ESRT 0.07 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BPYPP and ESRT?

Brookfield Property Partners (BPYPP) is the largest by market capitalisation: Brookfield Property Partners (BPYPP) $14.34B, Empire State Realty Trust (ESRT) $861.18M.

Which company is growing faster?

Empire State Realty Trust (ESRT) grew revenue fastest over the trailing twelve months: Brookfield Property Partners (BPYPP) -9.5%, Empire State Realty Trust (ESRT) +2.0%.

Which company is more profitable?

Empire State Realty Trust (ESRT) has the highest net margin (Brookfield Property Partners (BPYPP) -3.6%, Empire State Realty Trust (ESRT) 0.4%). On return on invested capital, Brookfield Property Partners (BPYPP) leads (Brookfield Property Partners (BPYPP) 0.0%, Empire State Realty Trust (ESRT) -1.1%).

Which stock has performed better?

Over the past year Brookfield Property Partners (BPYPP) returned the most: Brookfield Property Partners (BPYPP) +0.3%, Empire State Realty Trust (ESRT) -36.6%. Over five years, Brookfield Property Partners (BPYPP) compounded fastest (Brookfield Property Partners (BPYPP) -10.2%/yr, Empire State Realty Trust (ESRT) -13.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Brookfield Property Partners (BPYPP) 0.00%, Empire State Realty Trust (ESRT) 0.03%. Brookfield Property Partners (BPYPP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Brookfield Property Partners (BPYPP) has been the steadiest (Brookfield Property Partners (BPYPP) 21.1%, Empire State Realty Trust (ESRT) 36.7%). Volatility measures how widely the price swings, not the risk of the business.

Do BPYPP and ESRT move together?

Their daily returns over the past year have a correlation of 0.07, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, BPYPP and ESRT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Brookfield Property Partners (BPYPP) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.