Empire State Realty OP (ESBA) EBT Margin (2012 - 2026)
Empire State Realty OP's EBT Margin was -20.48% in Q2 2026, down 26.68 percentage points from 6.20% a year earlier and down 21.49 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 1.29% through Jun 30, 2026, down 7.97 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).
- The Q2 2026 figure marks the lowest quarterly EBT Margin in data going back to Q3 2012.
- Compared with a year earlier, EBT Margin was higher in four of the last eight quarters, with an average year-over-year change of -4.51 percentage points.
- 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 Q2 2026 was 1.02% (Q1 2026), 16.68% (Q4 2025) and 7.73% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 9.04% |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 50.80% |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 34.52% |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 25.61% |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 41.01% |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 3.14% |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 31.06% |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 50.53% |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Empire State Realty OP | 1.08 Bn | 1.08 Bn | - | -20.48% |
Historic 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% |
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();