Empire State Realty OP (ESBA) EBT Margin (2012 - 2026)
Empire State Realty OP's EBT Margin was 4.02% in Q3 2026, down 3.71 percentage points from 7.73% a year earlier but up 24.50 percentage points from the prior quarter.
Empire State Realty OP (ESBA) EBT Margin (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Empire State Realty OP's EBT Margin was 0.33% through Sep 30, 2026, down 7.79 percentage points year-over-year; for FY2025, it came in at 9.83%, down 0.98 percentage points from FY2024.
- EBT Margin shows a five-year change of +14.73 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was 10.81% in FY2024 (-0.97 pp), 11.78% in FY2023 (+2.87 pp), 8.91% in FY2022 (+11.27 pp) and -2.37% in FY2021 (+2.53 pp).
- Quarterly EBT Margin has moved between -20.48% (Q2 2026) and 24.77% (Q2 2022) over five years.
- Compared with a year earlier, EBT Margin has declined for three straight quarters, with an average year-over-year change of -5.10 percentage points over the last eight quarters.
- The best year-over-year quarter for EBT Margin over five years was Q2 2022 (a gain of 22.67 percentage points); the worst was Q2 2026 (a drop of 26.68 percentage points).
- Per Business Quant data, ESBA's EBT Margin in the three quarters before Q3 2026 was -20.48% (Q2 2026), 1.02% (Q1 2026) and 16.68% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 9.10% |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 40.96% |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 28.48% |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 26.59% |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 28.10% |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 2.87% |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 5.07% |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | -62.55% |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 30.16% |
| 10 | Empire State Realty OP | 1.41 Bn | 1.75 Bn | 110.85 Mn | 4.02% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.02% |
| 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% |
Empire State Realty OP EBT Margin 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=ebt-margin&ticker=ESBA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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=ebt-margin&ticker=ESBA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();