Empire State Realty OP (ESBA) EV to CFO (2014 - 2026)
Empire State Realty OP's EV to CFO was 9.30 in Q3 2026, down 3.2% from 9.61 a year earlier and down 0.2% from the prior quarter.
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Analysis
Empire State Realty OP (ESBA) EV to CFO (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Empire State Realty OP's EV to CFO was 7.73 through Sep 30, 2026, up 9.1% 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 6.22 (Q4 2025) and 14.02 (Q1 2022) over five years.
- Compared with a year earlier, EV to CFO has declined for eight straight quarters, with an average decline of 14.6% over the last eight quarters.
- The best year-over-year quarter for EV to CFO over five years was Q1 2024 (growth of 49.4%); the worst was Q2 2022 (a decline of 43.6%).
- Per Business Quant data, ESBA's EV to CFO in the three quarters before Q3 2026 was 9.32 (Q2 2026), 8.54 (Q1 2026) and 6.22 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn |
| 10 | Empire State Realty OP | 1.41 Bn | 1.75 Bn | 110.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.30 |
| Jun 30, 2026 | 9.32 |
| Mar 31, 2026 | 8.54 |
| Dec 31, 2025 | 6.22 |
| Sep 30, 2025 | 9.61 |
| Jun 30, 2025 | 10.35 |
| Mar 31, 2025 | 9.52 |
| Dec 31, 2024 | 8.85 |
| Sep 30, 2024 | 12.47 |
| Jun 30, 2024 | 11.00 |
| Mar 31, 2024 | 13.81 |
| Dec 31, 2023 | 9.15 |
| Sep 30, 2023 | 10.47 |
| Jun 30, 2023 | 9.91 |
| Mar 31, 2023 | 9.24 |
| Dec 31, 2022 | 7.05 |
| Sep 30, 2022 | 9.07 |
| Jun 30, 2022 | 10.47 |
| Mar 31, 2022 | 14.02 |
| Dec 31, 2021 | 9.59 |
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();