Empire State Realty OP (ESBA) Return on Invested Capital [ROIC] (2014 - 2026)
Empire State Realty OP (ESBA) posted Return on Invested Capital [ROIC] of -0.81% for Q3 2026, down 6.33 percentage points from 5.52% a year earlier but up 0.31 percentage points from the prior quarter.
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Analysis
Empire State Realty OP (ESBA) Return on Invested Capital [ROIC] (2014 - 2026) Analysis & Trends
For FY2025, Empire State Realty OP's Return on Invested Capital [ROIC] came in at 4.86%, down 1.19 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of +3.28 percentage points (FY2020 to FY2025).
- In prior years, Empire State Realty OP's Return on Invested Capital [ROIC] was 6.04% in FY2024 (+0.93 pp), 5.11% in FY2023 (+0.96 pp), 4.15% in FY2022 (+1.79 pp) and 2.36% in FY2021 (+0.79 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of -1.12% in Q2 2026 to a high of 6.24% in Q4 2024 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last five quarters, with an average year-over-year change of -1.82 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q1 2023, with a gain of 2.47 percentage points; the weakest was Q2 2026, with a drop of 6.93 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was -1.12% (Q2 2026), 4.64% (Q1 2026) and 4.84% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 0.65% |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 4.98% |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 9.67% |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 2.59% |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 3.56% |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 9.63% |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 9.75% |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | 0.37% |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 5.30% |
| 10 | Empire State Realty OP | 1.41 Bn | 1.75 Bn | 110.85 Mn | -0.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -0.81% |
| Jun 30, 2026 | -1.12% |
| Mar 31, 2026 | 4.64% |
| Dec 31, 2025 | 4.84% |
| Sep 30, 2025 | 5.52% |
| Jun 30, 2025 | 5.81% |
| Mar 31, 2025 | 6.01% |
| Dec 31, 2024 | 6.24% |
| Sep 30, 2024 | 6.12% |
| Jun 30, 2024 | 5.40% |
| Mar 31, 2024 | 5.51% |
| Dec 31, 2023 | 5.07% |
| Sep 30, 2023 | 4.73% |
| Jun 30, 2023 | 4.53% |
| Mar 31, 2023 | 4.59% |
| Dec 31, 2022 | 4.18% |
| Sep 30, 2022 | 3.51% |
| Jun 30, 2022 | 2.86% |
| Mar 31, 2022 | 2.12% |
| Dec 31, 2021 | 2.37% |
API Access
Empire State Realty OP Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=ESBA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=ESBA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();