ESRT vs PUSA vs VNO Stock Comparison

Empire State Realty Trust, Powerus and Vornado Realty Trust Prices as of Oct 26, 2026 Peers: Industry group
PUSA Powerus Corp
$2.03 -45.4% 1M -73.4% 1Y
Market cap
$94.97M
P/E
–
Revenue (TTM)
$3.21M
Div. yield
–
Entertainment Venues Consumer Discretionary
1 win
VNO Vornado Realty Trust
$34.79 +0.2% 1M -11.7% 1Y
Market cap
$6.43B
P/E
1,111x
Revenue (TTM)
$1.83B
Div. yield
–
Office REITs Real Estate
5 wins

Head to Head

10 decided of 12

Vornado Realty Trust leads on 5 of the 12 questions below (Vornado Realty Trust 5, Empire State Realty Trust 4, Powerus 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionESRTPUSAVNOLeader
Larger companyMarket capitalisation $861.18M $94.97M $6.43B VNO
Cheaper on earningsLower P/E, profitable companies only 280.2x -19.2x 1,111x ESRT
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months +2.0% +6.1% +1.4% PUSA
More profitableNet margin, trailing twelve months 0.4% -154.2% 0.3% ESRT
Better return on capitalReturn on invested capital -1.1% — 2.3% VNO
Less leveragedLower net debt / EBITDA 5.0x — 7.1x ESRT
Higher dividend yieldTrailing dividend yield 0.03% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -36.6% -73.4% -11.7% VNO
Better 5-year returnAnnualised price return, 5 years -13.7%/yr — -4.1%/yr VNO
Less volatileAnnualised volatility, 1 year 36.7% 114.6% 32.7% VNO
Higher overall scoreMean of the five percentile scores vs peers 35/100 24/100 28/100 ESRT

Percentile Scorecard

ESRTPUSAVNO

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

AxisESRTPUSAVNO
Valuation 76 #35 of 145 12 #39 of 44 22 #114 of 145
Growth 1 #140 of 142 0 #43 of 43 12 #125 of 142
Profitability 25 #102 of 136 8 #38 of 41 36 #88 of 136
Financial Health 60 #56 of 139 100 #1 of 47 33 #94 of 139
Shareholder Returns 12 #115 of 131 0 #28 of 28 39 #81 of 131
Overall 35 24 28
  • ESRT ranked among 149 companies in Property REITs
  • PUSA ranked among 48 companies in Gaming and Leisure
  • VNO ranked among 149 companies in Property REITs

Price Performance

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

Returns

PeriodESRTPUSAVNOSPY
1 month +22.9%-45.4%+0.2% -0.8%
3 months -10.5%-38.1%-11.9% +3.5%
6 months -11.2%-47.1%+16.5% +7.0%
Year to date -22.5%-35.6%+4.5% +12.2%
1 year -36.6%-73.4%-11.7% +13.0%
3 years -37.0%—+78.1% +86.3%
3 years, per year -14.3%—+21.2% +23.1%
5 years -52.0%—-18.9% +68.6%
5 years, per year -13.7%—-4.1% +11.0%
10 years -74.4%—-53.8% +258.0%
10 years, per year -12.7%—-7.4% +13.6%

Risk

MeasureESRTPUSAVNOSPY
Volatility, 1Y 36.7%114.6%32.7% 12.7%
Downside volatility, 1Y 42.0%116.4%33.6% 12.7%
Beta vs S&P 500, 1Y 0.321.291.00 1.00
Return / volatility, 1Y -1.00-0.64-0.36 1.02
Max drawdown, 5Y -65.6%-89.9%-73.6% -25.4%
From 52-week high -36.6%-74.0%-15.0% -1.8%
52-week high $7.96$7.82$40.91 $779.14
52-week low $3.93$1.87$24.71 $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.

MultipleESRTPUSAVNO
P/E now vs peer median 281.1xmedian 27.4x -20.4xmedian 17.1x 1,127xmedian 27.4x
P/S now vs peer median 1.1xmedian 4.2x 31.5xmedian 1.9x 3.6xmedian 4.2x
EV/EBITDA now vs peer median 10.0xmedian 14.2x -9.3xmedian 10.9x 13.9xmedian 14.2x
P/FCF now vs peer median -2.0xmedian 23.2x -42.6xmedian 11.4x -15.6xmedian 23.2x
P/B now vs peer median 0.5xmedian 1.3x 2.2xmedian 2.5x 1.1xmedian 1.3x
PEG now vs peer median -4.70median 2.11 —median 0.57 42.89median 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 monthsESRTPUSAVNO
Revenue $784.18M $3.21M $1.83B
Operating income -$34.52M -$6.56M –
Net income $9.26M -$4.95M $49.20M
Free cash flow -$437.31M -$2.38M -$416.33M
EPS (diluted) $0.01 $-0.10 $0.03
Cash & equivalents $85.61M $22.20M $675.35M
Total debt $4.54B – $7.44B
Shares (diluted) 268.95M 49.86M 194.20M
Enterprise value $419.99M -$43.42M $2.82B

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
MetricESRTPUSAVNO
P/E 281.1x -20.4x 1,127x
P/FCF -2.0x -42.6x -15.6x
P/Operating cash flow 3.8x -63.3x 16.6x
P/S 1.1x 31.5x 3.6x
P/B 0.5x 2.2x 1.1x
P/Tangible book 0.5x 2.2x 1.1x
EV/EBITDA 10.0x -9.3x 13.9x
EV/EBIT -50.3x -8.9x 33.0x
EV/Revenue 2.2x 18.2x 7.3x
EV/FCF -4.0x -24.6x -31.9x
EV/Operating cash flow 7.6x -36.6x 33.9x
PEG (3Y EPS CAGR) -4.70 – 42.89

Growth

14 metrics
MetricESRTPUSAVNO
Revenue growth (1Y) 2.0% 6.1% 1.4%
Revenue CAGR (3Y) 2.9% – 0.1%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) -123.1% -922.9% –
Operating income CAGR (3Y) -31.0% – –
Net income growth (1Y) -86.5% -960.6% -94.6%
Net income CAGR (3Y) -51.3% – 28.4%
EPS growth (1Y) -92.4% -195.3% -99.3%
EPS CAGR (3Y) -59.8% – 26.3%
Operating cash flow growth (1Y) -13.3% -149.0% -71.9%
Operating cash flow CAGR (3Y) -0.8% – -19.3%
Free cash flow growth (1Y) -169.4% -139.7% -145.3%
Free cash flow CAGR (3Y) -149.9% – -66.0%

Profitability

14 metrics
MetricESRTPUSAVNO
Gross margin – – –
EBITDA margin 22.1% -196.5% 52.0%
Operating margin -4.4% -204.1% –
Pretax margin 1.3% -159.4% 2.9%
Net margin 0.4% -154.2% 0.3%
FCF margin -55.8% -74.0% -22.8%
Operating cash flow margin 29.0% -49.8% 21.4%
Return on equity 0.5% -11.2% 0.7%
Return on assets 0.2% -10.9% 0.3%
Return on invested capital -1.1% – 2.3%
Return on capital employed – -14.6% –
Asset turnover 0.2x 0.1x 0.1x
Cash conversion (OCF / net income) 24.6x 0.3x 7.9x
Stock comp / revenue 3.9% 106.7% 1.4%

Financial Health

11 metrics
MetricESRTPUSAVNO
Debt / assets 22.4% – 47.7%
Debt / equity 0.5x – 1.2x
Net debt / EBITDA 5.0x – 7.1x
Debt / FCF -2.2x – -17.9x
Liabilities / assets 58.1% 3.0% 61.8%
Equity / assets 41.9% 97.0% 38.2%
Interest coverage -0.3x – 1.2x
Current ratio – 52.4x –
Quick ratio – 52.1x –
Cash ratio – 52.0x –
Altman Z-score – 42.33 –

Shareholder Returns

7 metrics
MetricESRTPUSAVNO
Dividend yield 3.1% – 2.1%
Net buyback yield – -36.8% 2.1%
Shareholder yield 3.1% -36.8% 4.2%
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.

ConsensusESRTPUSAVNO
EPS, next fiscal year $-0.35FY2027 – $-0.40FY2026
EPS growth, next FY -240.0%FY2027 – -109.5%FY2026
Revenue, next fiscal year $758.24MFY2026 – $1.78BFY2026
Revenue growth, next FY -1.3%FY2026 – -1.9%FY2026
Revenue growth, the year after +4.5% – +24.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersESRTPUSAVNO
Held by institutions 83.1% 4.8% 99.2%
Institutions holding 228 32 433
Change in shares held, QoQ +0.4% +209.7% +14.6%
Institutions buying 141 27 233
Institutions selling 51 1 126
Buyers to sellers 2.76 27.00 1.85

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.

ESRTPUSAVNO
ESRT 1.00 -0.06 0.51
PUSA -0.06 1.00 0.12
VNO 0.51 0.12 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ESRT, PUSA and VNO?

Vornado Realty Trust (VNO) is the largest by market capitalisation: Empire State Realty Trust (ESRT) $861.18M, Powerus (PUSA) $94.97M, Vornado Realty Trust (VNO) $6.43B.

Which stock is cheaper, ESRT, PUSA and VNO?

Empire State Realty Trust (ESRT) trades on the lowest price-to-earnings ratio (Empire State Realty Trust (ESRT) 280.2x, Powerus (PUSA) -19.2x, Vornado Realty Trust (VNO) 1,111x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Powerus (PUSA) grew revenue fastest over the trailing twelve months: Empire State Realty Trust (ESRT) +2.0%, Powerus (PUSA) +6.1%, Vornado Realty Trust (VNO) +1.4%.

Which company is more profitable?

Empire State Realty Trust (ESRT) has the highest net margin (Empire State Realty Trust (ESRT) 0.4%, Powerus (PUSA) -154.2%, Vornado Realty Trust (VNO) 0.3%). On return on invested capital, Vornado Realty Trust (VNO) leads (Empire State Realty Trust (ESRT) -1.1%, Vornado Realty Trust (VNO) 2.3%).

Which stock has performed better?

Over the past year Vornado Realty Trust (VNO) returned the most: Empire State Realty Trust (ESRT) -36.6%, Powerus (PUSA) -73.4%, Vornado Realty Trust (VNO) -11.7%. Over five years, Vornado Realty Trust (VNO) compounded fastest (Empire State Realty Trust (ESRT) -13.7%/yr, Vornado Realty Trust (VNO) -4.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Empire State Realty Trust (ESRT) 0.03%, Powerus (PUSA) 0.00%, Vornado Realty Trust (VNO) 0.00%. Powerus (PUSA) and Vornado Realty Trust (VNO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Vornado Realty Trust (VNO) has been the steadiest (Empire State Realty Trust (ESRT) 36.7%, Powerus (PUSA) 114.6%, Vornado Realty Trust (VNO) 32.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ESRT, PUSA and VNO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Vornado Realty Trust (VNO) leads on 5. 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.