Empire State Realty OP (ESBA) Operating Income (2012 - 2026)
Empire State Realty OP's Operating Income came in at -$138.71 million for Q2 2026, compared with $35.12 million a year earlier.
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Analysis
Empire State Realty OP (ESBA) Operating Income (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Empire State Realty OP reported Operating Income of -$34.52 million; for FY2025, it was $135.65 million, down 14.5% from FY2024.
- Operating Income carries a five-year compound annual growth rate of 18.3% (FY2020 to FY2025).
- Going back by year, Operating Income was $158.71 million in FY2024 (+8.2%), $146.71 million in FY2023 (+15.5%), $127.03 million in FY2022 (+60.5%) and $79.13 million in FY2021 (+34.9%).
- The Q2 2026 figure represents the lowest quarterly Operating Income in data going back to Q3 2012.
- Year-over-year, Operating Income increased in three of the last seven quarters, with an average decline of 4.5%.
- The fastest year-over-year change in Operating Income over five years came in Q1 2023 (growth of 189.2%), and the weakest in Q1 2022 (a decline of 67.0%).
- Business Quant data shows ESBA's Operating Income at $29.46 million (Q1 2026), $35.41 million (Q4 2025) and $39.33 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | -1.83 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 1.25 Bn |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 890.67 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | - |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 466.68 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | - |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 392.18 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 735.50 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Empire State Realty OP | 1.08 Bn | 1.08 Bn | - | -138.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -138.71 Mn |
| Mar 31, 2026 | 29.46 Mn |
| Dec 31, 2025 | 35.41 Mn |
| Sep 30, 2025 | 39.33 Mn |
| Jun 30, 2025 | 35.12 Mn |
| Mar 31, 2025 | 25.79 Mn |
| Dec 31, 2024 | 42.94 Mn |
| Sep 30, 2024 | 45.35 Mn |
| Jun 30, 2024 | 39.36 Mn |
| Mar 31, 2024 | 31.06 Mn |
| Dec 31, 2023 | 40.77 Mn |
| Sep 30, 2023 | 42.26 Mn |
| Jun 30, 2023 | 46.19 Mn |
| Mar 31, 2023 | 17.49 Mn |
| Dec 31, 2022 | 38.95 Mn |
| Sep 30, 2022 | 35.53 Mn |
| Jun 30, 2022 | 46.50 Mn |
| Mar 31, 2022 | 6.05 Mn |
| Dec 31, 2021 | 21.10 Mn |
| Sep 30, 2021 | 13.20 Mn |
API Access
Empire State Realty OP Operating Income 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=operating-income&ticker=ESBA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=ESBA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();