Empire State Realty OP (ESBA) Capital Expenditures (2012 - 2026)
Empire State Realty OP (ESBA) posted quarterly Capital Expenditures of $18.2 million for Q1 2026, down 56.76% year-over-year from $42.1 million in Q1 2025, and down 56.8% quarter-over-quarter from $42.1 million in Q4 2025.
Empire State Realty OP (ESBA) Capital Expenditures (2012 - 2026) Analysis & Trends
Empire State Realty OP (ESBA) has reported Capital Expenditures for 15 consecutive years, with $18.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Capital Expenditures fell 56.76% year-over-year to $18.2 million; the TTM figure through Mar 2026 stood at $174.6 million (up 7.81% YoY), while the FY2025 annual figure was $198.5 million, up 14.8% from the prior year.
- Capital Expenditures slipped to $18.2 million in Q1 2026 per ESBA's latest filing, from $42.1 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $143.9 million in Q3 2024 and bottomed at -$89.0 million in Q4 2022.
- Historically, Capital Expenditures has averaged $22.9 million across 5 years, with a median of $32.5 million in 2025.
- Annual changes were most pronounced in 2022 — Capital Expenditures plunged 466.19% — and 2024, when it surged 241666.67%.
- Empire State Realty OP's Capital Expenditures stood at -$89.0 million in 2022, then jumped by 100.01% to $12000.0 in 2023, then soared by 241666.67% to $29.0 million in 2024, then soared by 45.12% to $42.1 million in 2025, then sank by 56.8% to $18.2 million in 2026.
- Business Quant data shows ESBA's Capital Expenditures at $18.2 million in Q1 2026, $42.1 million in Q4 2025, and $32.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.12 Bn | 8.01 Bn | - | 403.32 Mn |
| 2 | Cousins Properties | 4.87 Bn | 4.87 Bn | 183.86 Mn | - |
| 3 | Kilroy Realty | 4.25 Bn | 4.25 Bn | 212.24 Mn | - |
| 4 | Copt Defense Properties | 4.20 Bn | 4.20 Bn | 191.37 Mn | 47.07 Mn |
| 5 | Sl Green Realty | 4.07 Bn | 4.07 Bn | 263.98 Mn | - |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | - |
| 7 | Douglas Emmett | 1.98 Bn | 1.62 Bn | 178.95 Mn | 202.69 Mn |
| 8 | Empire State Realty OP | 1.26 Bn | 1.26 Bn | - | 30.99 Mn |
| 9 | Piedmont Realty Trust | 1.21 Bn | 1.21 Bn | 88.14 Mn | 33.57 Mn |
| 10 | Easterly Government Properties | 1.14 Bn | 1.14 Bn | 72.41 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.99 Mn |
| Jun 30, 2026 | 30.99 Mn |
| Mar 31, 2026 | 18.19 Mn |
| Mar 31, 2026 | 18.19 Mn |
| Dec 31, 2025 | 42.10 Mn |
| Dec 31, 2025 | 42.10 Mn |
| Sep 30, 2025 | 32.53 Mn |
| Sep 30, 2025 | 32.53 Mn |
| Jun 30, 2025 | 81.81 Mn |
| Jun 30, 2025 | 81.81 Mn |
| Mar 31, 2025 | 42.06 Mn |
| Mar 31, 2025 | 42.06 Mn |
| Dec 31, 2024 | 29.01 Mn |
| Dec 31, 2024 | 29.01 Mn |
| Sep 30, 2024 | 143.89 Mn |
| Sep 30, 2024 | 143.89 Mn |
| Jun 30, 2024 | -52.99 Mn |
| Jun 30, 2024 | -52.99 Mn |
| Mar 31, 2024 | 53.00 Mn |
| Mar 31, 2024 | 53.00 Mn |