Empire State Realty OP (ESBA) FCF Payout Ratio (2012 - 2026)
Empire State Realty OP (ESBA) posted quarterly FCF Payout Ratio of 0.19 for Q1 2026, down 19.67% year-over-year from 0.24 in Q1 2025, and up 116.02% quarter-over-quarter from 1.19 in Q4 2025.
Empire State Realty OP (ESBA) FCF Payout Ratio (2012 - 2026) Analysis & Trends
Empire State Realty OP (ESBA) has reported FCF Payout Ratio for 15 consecutive years, with 0.19 the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Payout Ratio fell 19.67% year-over-year to 0.19; the TTM figure through Mar 2026 stood at 0.65 (up 86.47% YoY), while the FY2025 annual figure was 0.77, up 77.2% from the prior year.
- FCF Payout Ratio grew to 0.19 in Q1 2026 per ESBA's latest filing, from 1.19 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 0.53 in Q1 2024 and bottomed at 1.19 in Q4 2025.
- Historically, FCF Payout Ratio has averaged 0.0 across 5 years, with a median of 0.13 in 2025.
- Annual changes were most pronounced in 2022 — FCF Payout Ratio soared 702.32% — and 2024, when it slumped 468.8%.
- Empire State Realty OP's FCF Payout Ratio stood at 0.05 in 2022, then soared by 244.01% to 0.17 in 2023, then soared by 162.7% to 0.46 in 2024, then sank by 360.17% to 1.19 in 2025, then soared by 116.02% to 0.19 in 2026.
- Business Quant data shows ESBA's FCF Payout Ratio at 0.19 in Q1 2026, 1.19 in Q4 2025, and 0.13 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.16 Bn | 8.05 Bn | - | -1.87 |
| 2 | Cousins Properties | 4.83 Bn | 4.82 Bn | 183.86 Mn | 0.34 |
| 3 | Kilroy Realty | 4.22 Bn | 4.22 Bn | 212.24 Mn | - |
| 4 | Copt Defense Properties | 4.21 Bn | 4.21 Bn | 191.37 Mn | 0.82 |
| 5 | Sl Green Realty | 4.07 Bn | 4.07 Bn | 263.98 Mn | 0.57 |
| 6 | Highwoods Properties | 3.46 Bn | 3.12 Bn | - | - |
| 7 | Douglas Emmett | 1.97 Bn | 1.61 Bn | 178.95 Mn | -0.30 |
| 8 | Empire State Realty OP | 1.22 Bn | 1.22 Bn | - | -0.88 |
| 9 | Piedmont Realty Trust | 1.22 Bn | 1.22 Bn | 88.14 Mn | 0.00 |
| 10 | Easterly Government Properties | 1.14 Bn | 1.14 Bn | 72.41 Mn | 0.49 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.88 |
| Mar 31, 2026 | 0.19 |
| Dec 31, 2025 | -1.19 |
| Sep 30, 2025 | 0.13 |
| Jun 30, 2025 | -0.18 |
| Mar 31, 2025 | 0.24 |
| Dec 31, 2024 | 0.46 |
| Sep 30, 2024 | -0.23 |
| Jun 30, 2024 | 0.11 |
| Mar 31, 2024 | 0.53 |
| Dec 31, 2023 | 0.17 |
| Sep 30, 2023 | 0.06 |
| Jun 30, 2023 | -0.71 |
| Mar 31, 2023 | 0.22 |
| Dec 31, 2022 | 0.05 |
| Sep 30, 2022 | 0.18 |
| Jun 30, 2022 | -0.26 |
| Mar 31, 2022 | 0.16 |
| Dec 31, 2021 | 0.28 |
| Sep 30, 2021 | 0.18 |