Empire State Realty OP (ESBA) EV to EBITDA (2014 - 2026)
Empire State Realty OP's EV to EBITDA came in at 10.13 for Q3 2026, up 36.1% from 7.44 a year earlier but down 17.1% from the prior quarter.
Powered by 
Analysis
Empire State Realty OP (ESBA) EV to EBITDA (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Empire State Realty OP reported EV to EBITDA of 8.43, up 53.4% year-over-year; for FY2025, it came in at 4.52, down 30.6% from FY2024.
- Going back by year, EV to EBITDA was 6.52 in FY2024 (+6.6%), 6.11 in FY2023 (+47.3%), 4.15 in FY2022 (-39.3%) and 6.84 in FY2021 (-13.0%).
- The five-year range for quarterly EV to EBITDA is 4.04 (Q4 2022) to 12.22 (Q2 2026).
- Year-over-year, EV to EBITDA increased in four of the last eight quarters, with growth averaging 3.4%.
- The fastest year-over-year change in EV to EBITDA over five years came in Q2 2026 (growth of 55.7%), and the weakest in Q2 2022 (a decline of 52.4%).
- Business Quant data shows ESBA's EV to EBITDA at 12.22 (Q2 2026), 5.81 (Q1 2026) and 4.55 (Q4 2025) in the three quarters before Q3 2026.
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 | 10.13 |
| Jun 30, 2026 | 12.22 |
| Mar 31, 2026 | 5.81 |
| Dec 31, 2025 | 4.55 |
| Sep 30, 2025 | 7.44 |
| Jun 30, 2025 | 7.85 |
| Mar 31, 2025 | 7.43 |
| Dec 31, 2024 | 6.56 |
| Sep 30, 2024 | 8.71 |
| Jun 30, 2024 | 7.33 |
| Mar 31, 2024 | 8.38 |
| Dec 31, 2023 | 6.15 |
| Sep 30, 2023 | 7.20 |
| Jun 30, 2023 | 6.95 |
| Mar 31, 2023 | 6.13 |
| Dec 31, 2022 | 4.04 |
| Sep 30, 2022 | 5.65 |
| Jun 30, 2022 | 6.31 |
| Mar 31, 2022 | 9.12 |
| Dec 31, 2021 | 6.91 |
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();