Empire State Realty OP (ESBA) EV to EBITDA (2014 - 2026)
Empire State Realty OP's EV to EBITDA came in at 8.57 for Q2 2026, up 43.9% from 5.95 a year earlier and up 123.5% from the prior quarter.
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Analysis
Empire State Realty OP (ESBA) EV to EBITDA (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Empire State Realty OP reported EV to EBITDA of 6.40, up 113.5% year-over-year; for FY2025, it came in at 4.69, down 30.3% from FY2024.
- Going back by year, EV to EBITDA was 6.72 in FY2024 (+6.3%), 6.32 in FY2023 (+46.1%), 4.33 in FY2022 (-40.3%) and 7.25 in FY2021 (-12.4%).
- The Q2 2026 figure represents the highest quarterly EV to EBITDA since Q2 2021.
- Year-over-year, EV to EBITDA increased in four of the last eight quarters, with an average decline of 1.0%.
- The fastest year-over-year change in EV to EBITDA over five years came in Q3 2021 (growth of 63.9%), and the weakest in Q2 2022 (a decline of 55.9%).
- Business Quant data shows ESBA's EV to EBITDA at 3.83 (Q1 2026), 4.69 (Q4 2025) and 5.51 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 171.10 Bn | 153.62 Bn | 1.39 Bn |
| 2 | Prologis | 117.94 Bn | 117.38 Bn | - |
| 3 | Simon Property | 72.61 Bn | 69.67 Bn | - |
| 4 | Public Storage | 54.41 Bn | 53.50 Bn | - |
| 5 | Realty Income | 53.83 Bn | 54.44 Bn | - |
| 6 | Ventas | 44.52 Bn | 43.72 Bn | - |
| 7 | Extra Space Storage | 30.30 Bn | 30.09 Bn | 642.43 Mn |
| 8 | Vici Properties | 26.15 Bn | 24.27 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 23.62 Bn | 23.59 Bn | - |
| 10 | Empire State Realty OP | 1.28 Bn | 838.99 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.10 |
| Mar 31, 2026 | 3.72 |
| Dec 31, 2025 | 4.55 |
| Sep 30, 2025 | 5.35 |
| Jun 30, 2025 | 5.79 |
| Mar 31, 2025 | 5.39 |
| Dec 31, 2024 | 6.56 |
| Sep 30, 2024 | 6.72 |
| Jun 30, 2024 | 5.34 |
| Mar 31, 2024 | 6.44 |
| Dec 31, 2023 | 6.15 |
| Sep 30, 2023 | 5.16 |
| Jun 30, 2023 | 4.86 |
| Mar 31, 2023 | 4.16 |
| Dec 31, 2022 | 4.04 |
| Sep 30, 2022 | 3.73 |
| Jun 30, 2022 | 4.42 |
| Mar 31, 2022 | 7.08 |
| Dec 31, 2021 | 6.91 |
| Sep 30, 2021 | 7.51 |
API Access
Empire State Realty OP EV to EBITDA 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-ebitda&ticker=ESBA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=ESBA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();