Empire State Realty OP (ESBA) EBITDA (2012 - 2026)
Empire State Realty OP (ESBA) posted EBITDA of $83.95 million for Q3 2026, down 5.5% from $88.85 million a year earlier.
Empire State Realty OP (ESBA) EBITDA (2012 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EBITDA at Empire State Realty OP was $168.72 million, down 50.7% year-over-year; for FY2025, it came in at $342.35 million, down 3.4% from FY2024.
- Annual EBITDA shows a five-year compound annual growth rate of 5.4% (FY2020 to FY2025).
- In prior years, Empire State Realty OP's EBITDA was $354.34 million in FY2024 (+1.8%), $348.12 million in FY2023 (-2.9%), $358.48 million in FY2022 (+20.4%) and $297.7 million in FY2021 (+13.3%).
- Quarterly EBITDA has run from a low of -$86.83 million in Q2 2026 to a high of $107.8 million in Q2 2022 over five years.
- On a year-over-year basis, EBITDA increased in 1 of the last seven quarters, with an average decline of 2.1%.
- The strongest year-over-year quarter for EBITDA in the past five years was Q2 2022, with growth of 46.9%; the weakest was Q1 2023, with a decline of 24.2%.
- According to Business Quant data, EBITDA for the three prior quarters was -$86.83 million (Q2 2026), $82.65 million (Q1 2026) and $88.95 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 1.24 Bn |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 1.60 Bn |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 1.32 Bn |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 732.77 Mn |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 1.44 Bn |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 1.17 Bn |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 180.80 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | 291.91 Mn |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 591.18 Mn |
| 10 | Empire State Realty OP | 1.41 Bn | 1.75 Bn | 110.85 Mn | 83.95 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 83.95 Mn |
| Jun 30, 2026 | -86.83 Mn |
| Mar 31, 2026 | 82.65 Mn |
| Dec 31, 2025 | 88.95 Mn |
| Sep 30, 2025 | 88.85 Mn |
| Jun 30, 2025 | 84.84 Mn |
| Mar 31, 2025 | 77.54 Mn |
| Dec 31, 2024 | 91.11 Mn |
| Sep 30, 2024 | 92.83 Mn |
| Jun 30, 2024 | 88.40 Mn |
| Mar 31, 2024 | 79.73 Mn |
| Dec 31, 2023 | 93.14 Mn |
| Sep 30, 2023 | 90.54 Mn |
| Jun 30, 2023 | 94.27 Mn |
| Mar 31, 2023 | 67.84 Mn |
| Dec 31, 2022 | 86.36 Mn |
| Sep 30, 2022 | 84.41 Mn |
| Jun 30, 2022 | 107.80 Mn |
| Mar 31, 2022 | 89.55 Mn |
| Dec 31, 2021 | 70.73 Mn |
Empire State Realty OP EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=ESBA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "ESBA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=ESBA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();