Empire State Realty OP (ESBA) Net Margin (2012 - 2026)
Empire State Realty OP (ESBA) reported Net Margin of 1.02% for Q1 2026, down 716.0% year-over-year from 0.17% in Q1 2025, and down 93.46% quarter-over-quarter from 15.62% in Q4 2025.
Empire State Realty OP (ESBA) Net Margin (2012 - 2026) Analysis & Trends
Empire State Realty OP (ESBA) has 15 years of Net Margin data on file, last reported at 1.02% in Q1 2026.
- Net Margin for Q1 2026 came in at 1.02%, down 716.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.19% (down 346.0% YoY), and the FY2025 annual result was 8.95%, down 96.0% from the prior year.
- Net Margin eased to 1.02% in Q1 2026 per ESBA's latest filing, from 15.62% in the prior quarter.
- Over five years, Net Margin peaked at 24.14% in Q2 2022 and troughed at 11.1% in Q1 2022.
- A 5-year average of 8.72% and a median of 8.18% in 2025 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2025: Net Margin soared 2195 bps in 2022, then slumped 911 bps in 2025.
- A 5-year view of Net Margin shows it stood at 11.33% in 2022, then tumbled by 32 bps to 7.66% in 2023, then grew by 17 bps to 8.98% in 2024, then soared by 74 bps to 15.62% in 2025, then plunged by 93 bps to 1.02% in 2026.
- Business Quant data shows ESBA's Net Margin at 1.02% in Q1 2026, 15.62% in Q4 2025, and 6.37% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.03 Bn | 9.03 Bn | - | 53.48% |
| 2 | Cousins Properties | 4.85 Bn | 4.87 Bn | 180.52 Mn | -56.88% |
| 3 | Kilroy Realty | 4.57 Bn | 4.57 Bn | -59.85 Mn | 238.79% |
| 4 | Sl Green Realty | 3.90 Bn | 4.01 Bn | 252.80 Mn | -33.35% |
| 5 | Copt Defense Properties | 3.85 Bn | 3.90 Bn | 195.09 Mn | 19.22% |
| 6 | Highwoods Properties | 3.25 Bn | 3.27 Bn | - | 14.09% |
| 7 | Douglas Emmett | 2.11 Bn | 3.29 Bn | 176.48 Mn | -10.17% |
| 8 | Empire State Realty OP | 1.49 Bn | 1.49 Bn | - | 1.02% |
| 9 | Piedmont Realty Trust | 1.15 Bn | 1.15 Bn | 85.99 Mn | -49.16% |
| 10 | Easterly Government Properties | 1.12 Bn | 1.17 Bn | 71.01 Mn | -22.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.02% |
| Dec 31, 2025 | 15.62% |
| Sep 30, 2025 | 6.37% |
| Jun 30, 2025 | 5.40% |
| Mar 31, 2025 | 8.18% |
| Dec 31, 2024 | 8.98% |
| Sep 30, 2024 | 10.89% |
| Jun 30, 2024 | 14.51% |
| Mar 31, 2024 | 5.06% |
| Dec 31, 2023 | 7.66% |
| Sep 30, 2023 | 9.80% |
| Jun 30, 2023 | 18.84% |
| Mar 31, 2023 | 6.49% |
| Dec 31, 2022 | 11.33% |
| Sep 30, 2022 | 4.96% |
| Jun 30, 2022 | 24.14% |
| Mar 31, 2022 | -11.10% |
| Dec 31, 2021 | -3.19% |
| Sep 30, 2021 | -6.81% |
| Jun 30, 2021 | 2.19% |