Empire State Realty OP (ESBA) EBT Margin (2012 - 2026)
Empire State Realty OP (ESBA) posted quarterly EBT Margin of 1.02% for Q1 2026, down 740.0% year-over-year from 0.16% in Q1 2025, and down 93.91% quarter-over-quarter from 16.68% in Q4 2025.
Empire State Realty OP (ESBA) EBT Margin (2012 - 2026) Analysis & Trends
Empire State Realty OP (ESBA) has reported EBT Margin for 15 consecutive years, with 1.02% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT Margin fell 740.0% year-over-year to 1.02%; the TTM figure through Mar 2026 stood at 8.0% (down 356.0% YoY), while the FY2025 annual figure was 9.83%, down 98.0% from the prior year.
- EBT Margin eased to 1.02% in Q1 2026 per ESBA's latest filing, from 16.68% in the prior quarter.
- Across five years, EBT Margin topped out at 24.77% in Q2 2022 and bottomed at 11.47% in Q1 2022.
- Historically, EBT Margin has averaged 9.51% across 5 years, with a median of 9.14% in 2023.
- Annual changes were most pronounced in 2022 — EBT Margin jumped 2267 bps — and 2025, when it slumped 926 bps.
- Empire State Realty OP's EBT Margin stood at 12.66% in 2022, then fell by 28 bps to 9.14% in 2023, then advanced by 10 bps to 10.09% in 2024, then soared by 65 bps to 16.68% in 2025, then tumbled by 94 bps to 1.02% in 2026.
- Business Quant data shows ESBA's EBT Margin at 1.02% in Q1 2026, 16.68% in Q4 2025, and 7.73% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.06 Bn | 7.96 Bn | - | - |
| 2 | Cousins Properties | 4.86 Bn | 4.86 Bn | 183.86 Mn | -41.88% |
| 3 | Kilroy Realty | 4.28 Bn | 4.28 Bn | 212.24 Mn | -12.91% |
| 4 | Copt Defense Properties | 4.18 Bn | 4.18 Bn | 191.37 Mn | 24.42% |
| 5 | Sl Green Realty | 4.12 Bn | 4.12 Bn | 263.98 Mn | 78.18% |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | - |
| 7 | Douglas Emmett | 1.99 Bn | 1.64 Bn | 178.95 Mn | -37.23% |
| 8 | Empire State Realty OP | 1.25 Bn | 1.25 Bn | - | -20.48% |
| 9 | Piedmont Realty Trust | 1.22 Bn | 1.22 Bn | 88.14 Mn | -46.68% |
| 10 | Easterly Government Properties | 1.15 Bn | 1.15 Bn | 72.41 Mn | -19.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -20.48% |
| Mar 31, 2026 | 1.02% |
| Dec 31, 2025 | 16.68% |
| Sep 30, 2025 | 7.73% |
| Jun 30, 2025 | 6.20% |
| Mar 31, 2025 | 8.42% |
| Dec 31, 2024 | 10.09% |
| Sep 30, 2024 | 12.14% |
| Jun 30, 2024 | 15.46% |
| Mar 31, 2024 | 5.28% |
| Dec 31, 2023 | 9.14% |
| Sep 30, 2023 | 11.14% |
| Jun 30, 2023 | 19.78% |
| Mar 31, 2023 | 6.36% |
| Dec 31, 2022 | 12.66% |
| Sep 30, 2022 | 6.30% |
| Jun 30, 2022 | 24.77% |
| Mar 31, 2022 | -11.47% |
| Dec 31, 2021 | -1.58% |
| Sep 30, 2021 | -6.16% |