Empire State Realty OP (ESBA) Return on Invested Capital [ROIC] (2014 - 2026)
Empire State Realty OP (ESBA) posted Return on Invested Capital [ROIC] of -1.47% for Q2 2026, down 8.48 percentage points from 7.01% a year earlier and down 7.70 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 6.23%, down 1.14 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of +4.15 percentage points (FY2020 to FY2025).
- In prior years, Empire State Realty OP's Return on Invested Capital [ROIC] was 7.36% in FY2024 (+0.58 pp), 6.78% in FY2023 (+0.80 pp), 5.98% in FY2022 (+2.65 pp) and 3.33% in FY2021 (+1.26 pp).
- The Q2 2026 figure stands as the lowest quarterly Return on Invested Capital [ROIC] in data going back to Q4 2014.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last six quarters, with an average year-over-year change of -1.33 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 3.45 percentage points; the weakest was Q2 2026, with a drop of 8.48 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 6.23% (Q1 2026), 6.20% (Q4 2025) and 6.65% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.16 Bn | 146.67 Bn | 1.39 Bn | -12.89% |
| 2 | Prologis | 120.28 Bn | 124.68 Bn | - | - |
| 3 | Simon Property | 68.97 Bn | 70.18 Bn | - | - |
| 4 | Realty Income | 51.22 Bn | 53.60 Bn | - | 5.36% |
| 5 | Public Storage | 49.85 Bn | 48.94 Bn | - | - |
| 6 | Ventas | 43.09 Bn | 42.28 Bn | - | - |
| 7 | Extra Space Storage | 28.15 Bn | 28.15 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 24.95 Bn | 23.07 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 22.41 Bn | 22.60 Bn | - | 8.87% |
| 10 | Empire State Realty OP | 1.04 Bn | 1.04 Bn | - | -1.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.47% |
| Mar 31, 2026 | 6.23% |
| Dec 31, 2025 | 6.20% |
| Sep 30, 2025 | 6.65% |
| Jun 30, 2025 | 7.01% |
| Mar 31, 2025 | 7.25% |
| Dec 31, 2024 | 7.53% |
| Sep 30, 2024 | 7.42% |
| Jun 30, 2024 | 7.32% |
| Mar 31, 2024 | 7.50% |
| Dec 31, 2023 | 6.70% |
| Sep 30, 2023 | 6.70% |
| Jun 30, 2023 | 6.45% |
| Mar 31, 2023 | 6.56% |
| Dec 31, 2022 | 6.00% |
| Sep 30, 2022 | 5.07% |
| Jun 30, 2022 | 4.15% |
| Mar 31, 2022 | 3.10% |
| Dec 31, 2021 | 3.35% |
| Sep 30, 2021 | 1.93% |
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();