Empire State Realty OP (ESBA) Net Income (2012 - 2026)
Empire State Realty OP (ESBA) posted quarterly Net Income of $3.0 million for Q1 2026, down 81.02% year-over-year from $15.8 million in Q1 2025, and down 90.69% quarter-over-quarter from $32.2 million in Q4 2025.
Empire State Realty OP (ESBA) Net Income (2012 - 2026) Analysis & Trends
Empire State Realty OP (ESBA) has reported Net Income for 15 consecutive years, with $3.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income fell 81.02% year-over-year to $3.0 million; the TTM figure through Mar 2026 stood at $60.2 million (down 29.94% YoY), while the FY2025 annual figure was $73.0 million, down 9.18% from the prior year.
- Net Income eased to $3.0 million in Q1 2026 per ESBA's latest filing, from $32.2 million in the prior quarter.
- Across five years, Net Income topped out at $48.7 million in Q2 2022 and bottomed at -$17.2 million in Q1 2022.
- Historically, Net Income has averaged $17.9 million across 5 years, with a median of $15.8 million in 2023.
- On a YoY basis, Net Income climbed as much as 1003.94% in 2022 and fell as far as 439.67% in 2022.
- Empire State Realty OP's Net Income stood at $21.6 million in 2022, then slipped by 26.78% to $15.8 million in 2023, then increased by 18.72% to $18.8 million in 2024, then soared by 71.19% to $32.2 million in 2025, then sank by 90.69% to $3.0 million in 2026.
- Business Quant data shows ESBA's Net Income at $3.0 million in Q1 2026, $32.2 million in Q4 2025, and $13.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.12 Bn | 8.01 Bn | - | - |
| 2 | Cousins Properties | 4.87 Bn | 4.87 Bn | 183.86 Mn | -103.28 Mn |
| 3 | Kilroy Realty | 4.25 Bn | 4.25 Bn | 212.24 Mn | -35.17 Mn |
| 4 | Copt Defense Properties | 4.20 Bn | 4.20 Bn | 191.37 Mn | 48.17 Mn |
| 5 | Sl Green Realty | 4.07 Bn | 4.07 Bn | 263.98 Mn | 206.39 Mn |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | - |
| 7 | Douglas Emmett | 1.98 Bn | 1.62 Bn | 178.95 Mn | -95.51 Mn |
| 8 | Empire State Realty OP | 1.26 Bn | 1.26 Bn | - | -39.55 Mn |
| 9 | Piedmont Realty Trust | 1.21 Bn | 1.21 Bn | 88.14 Mn | -67.27 Mn |
| 10 | Easterly Government Properties | 1.14 Bn | 1.14 Bn | 72.41 Mn | -18.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -39.55 Mn |
| Mar 31, 2026 | 3.00 Mn |
| Dec 31, 2025 | 32.17 Mn |
| Sep 30, 2025 | 13.65 Mn |
| Jun 30, 2025 | 11.39 Mn |
| Mar 31, 2025 | 15.78 Mn |
| Dec 31, 2024 | 18.79 Mn |
| Sep 30, 2024 | 22.80 Mn |
| Jun 30, 2024 | 28.56 Mn |
| Mar 31, 2024 | 10.22 Mn |
| Dec 31, 2023 | 15.83 Mn |
| Sep 30, 2023 | 19.93 Mn |
| Jun 30, 2023 | 36.96 Mn |
| Mar 31, 2023 | 11.69 Mn |
| Dec 31, 2022 | 21.62 Mn |
| Sep 30, 2022 | 10.12 Mn |
| Jun 30, 2022 | 48.70 Mn |
| Mar 31, 2022 | -17.22 Mn |
| Dec 31, 2021 | -4.07 Mn |
| Sep 30, 2021 | -10.18 Mn |