Empire State Realty OP (ESBA) FCF Margin (2012 - 2026)
Empire State Realty OP's FCF Margin came in at 15.82% for Q3 2026, down 20.98 percentage points from 36.80% a year earlier but up 79.71 percentage points from the prior quarter.
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Analysis
Empire State Realty OP (ESBA) FCF Margin (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Empire State Realty OP reported FCF Margin of -61.52%, down 42.60 percentage points year-over-year; for FY2025, it came in at -47.05%, down 33.37 percentage points from FY2024.
- FCF Margin carries a five-year change of -53.48 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was -13.69% in FY2024 (-22.64 pp), 8.96% in FY2023 (+13.18 pp), -4.23% in FY2022 (-4.18 pp) and -0.04% in FY2021 (-6.47 pp).
- The five-year range for quarterly FCF Margin is -195.02% (Q4 2025) to 38.97% (Q3 2022).
- Year-over-year, FCF Margin has declined for four consecutive quarters, with an average year-over-year change of -28.45 percentage points over the last eight quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q3 2025 (a gain of 69.44 percentage points), and the weakest in Q4 2025 (a drop of 107.95 percentage points).
- Business Quant data shows ESBA's FCF Margin at -63.88% (Q2 2026), 2.23% (Q1 2026) and -195.02% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | -78.67% |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 8.67% |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 45.30% |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 61.86% |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | -70.50% |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | -44.56% |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 10.98% |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | -58.77% |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 42.53% |
| 10 | Empire State Realty OP | 1.41 Bn | 1.75 Bn | 110.85 Mn | 15.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.82% |
| Jun 30, 2026 | -63.88% |
| Mar 31, 2026 | 2.23% |
| Dec 31, 2025 | -195.02% |
| Sep 30, 2025 | 36.80% |
| Jun 30, 2025 | -45.38% |
| Mar 31, 2025 | 22.82% |
| Dec 31, 2024 | -87.07% |
| Sep 30, 2024 | -32.64% |
| Jun 30, 2024 | 10.28% |
| Mar 31, 2024 | 9.89% |
| Dec 31, 2023 | -0.79% |
| Sep 30, 2023 | 17.71% |
| Jun 30, 2023 | -7.01% |
| Mar 31, 2023 | 27.09% |
| Dec 31, 2022 | -63.77% |
| Sep 30, 2022 | 38.97% |
| Jun 30, 2022 | 1.45% |
| Mar 31, 2022 | 19.95% |
| Dec 31, 2021 | -60.20% |
API Access
Empire State Realty OP FCF 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=fcf-margin&ticker=ESBA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=ESBA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();