Empire State Realty OP (ESBA) EV to CFO (2015 - 2026)
Empire State Realty OP's EV to CFO was 6.18 in Q2 2026, down 19.0% from 7.64 a year earlier but up 12.9% from the prior quarter.
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Analysis
Empire State Realty OP (ESBA) EV to CFO (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Empire State Realty OP's EV to CFO was 4.62 through Jun 30, 2026, up 20.1% year-over-year; for FY2025, it was 6.22, down 29.7% from FY2024.
- In earlier years, EV to CFO was 8.85 in FY2024 (-3.3%), 9.15 in FY2023 (+29.9%), 7.05 in FY2022 (-26.5%) and 9.59 in FY2021 (-15.5%).
- Quarterly EV to CFO has moved between 5.48 (Q1 2026) and 11.89 (Q3 2021) over five years.
- Compared with a year earlier, EV to CFO has declined for seven straight quarters, with an average decline of 14.0% over the last eight quarters.
- The best year-over-year quarter for EV to CFO over five years was Q3 2021 (growth of 76.9%); the worst was Q2 2022 (a decline of 50.0%).
- Per Business Quant data, ESBA's EV to CFO in the three quarters before Q2 2026 was 5.48 (Q1 2026), 6.22 (Q4 2025) and 6.91 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - |
| 10 | Empire State Realty OP | 1.08 Bn | 1.08 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.18 |
| Mar 31, 2026 | 5.48 |
| Dec 31, 2025 | 6.22 |
| Sep 30, 2025 | 6.91 |
| Jun 30, 2025 | 7.64 |
| Mar 31, 2025 | 6.90 |
| Dec 31, 2024 | 8.85 |
| Sep 30, 2024 | 9.62 |
| Jun 30, 2024 | 8.01 |
| Mar 31, 2024 | 10.62 |
| Dec 31, 2023 | 9.15 |
| Sep 30, 2023 | 7.49 |
| Jun 30, 2023 | 6.93 |
| Mar 31, 2023 | 6.27 |
| Dec 31, 2022 | 7.05 |
| Sep 30, 2022 | 5.99 |
| Jun 30, 2022 | 7.33 |
| Mar 31, 2022 | 10.88 |
| Dec 31, 2021 | 9.59 |
| Sep 30, 2021 | 11.89 |
API Access
Empire State Realty OP EV to CFO 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=ev-to-cfo&ticker=ESBA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=ESBA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();