Empire State Realty OP (ESBA) Tax Provisions (2014 - 2026)
Empire State Realty OP (ESBA) posted quarterly Tax Provisions of -$1.1 million for Q1 2026, down 71.57% year-over-year from -$3.7 million in Q1 2025, and down 200.76% quarter-over-quarter from $1.1 million in Q4 2025.
Empire State Realty OP (ESBA) Tax Provisions (2014 - 2026) Analysis & Trends
Empire State Realty OP (ESBA) has reported Tax Provisions for 13 consecutive years, with -$1.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions fell 71.57% year-over-year to -$1.1 million; the TTM figure through Mar 2026 stood at $2.1 million (down 22.36% YoY), while the FY2025 annual figure was $2.6 million, down 4.84% from the prior year.
- Tax Provisions fell to -$1.1 million in Q1 2026 per ESBA's latest filing, from $1.1 million in the prior quarter.
- Across five years, Tax Provisions topped out at $1.8 million in Q4 2023 and bottomed at -$1.6 million in Q1 2022.
- Historically, Tax Provisions has averaged $496764.7 across 5 years, with a median of $750000.0 in 2024.
- Annual changes were most pronounced in 2022 — Tax Provisions jumped 7185.0% — and 2026, when it tumbled 71.57%.
- Empire State Realty OP's Tax Provisions stood at $1.3 million in 2022, then surged by 35.55% to $1.8 million in 2023, then plunged by 35.77% to $1.2 million in 2024, then retreated by 8.43% to $1.1 million in 2025, then slumped by 200.76% to -$1.1 million in 2026.
- Business Quant data shows ESBA's Tax Provisions at -$1.1 million in Q1 2026, $1.1 million in Q4 2025, and $1.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.12 Bn | 8.01 Bn | - | - |
| 2 | Cousins Properties | 4.87 Bn | 4.87 Bn | 183.86 Mn | - |
| 3 | Kilroy Realty | 4.25 Bn | 4.25 Bn | 212.24 Mn | - |
| 4 | Copt Defense Properties | 4.20 Bn | 4.20 Bn | 191.37 Mn | 34,000.00 |
| 5 | Sl Green Realty | 4.07 Bn | 4.07 Bn | 263.98 Mn | - |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | - |
| 7 | Douglas Emmett | 1.98 Bn | 1.62 Bn | 178.95 Mn | - |
| 8 | Empire State Realty OP | 1.26 Bn | 1.26 Bn | - | -767,000.00 |
| 9 | Piedmont Realty Trust | 1.21 Bn | 1.21 Bn | 88.14 Mn | - |
| 10 | Easterly Government Properties | 1.14 Bn | 1.14 Bn | 72.41 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -767,000.00 |
| Mar 31, 2026 | -1.06 Mn |
| Dec 31, 2025 | 1.05 Mn |
| Sep 30, 2025 | 1.65 Mn |
| Jun 30, 2025 | 478,000.00 |
| Mar 31, 2025 | -619,000.00 |
| Dec 31, 2024 | 1.15 Mn |
| Sep 30, 2024 | 1.44 Mn |
| Jun 30, 2024 | 750,000.00 |
| Mar 31, 2024 | -655,000.00 |
| Dec 31, 2023 | 1.79 Mn |
| Sep 30, 2023 | 1.41 Mn |
| Jun 30, 2023 | 733,000.00 |
| Mar 31, 2023 | -1.22 Mn |
| Dec 31, 2022 | 1.32 Mn |
| Sep 30, 2022 | 1.46 Mn |
| Jun 30, 2022 | 363,000.00 |
| Mar 31, 2022 | -1.60 Mn |
| Dec 31, 2021 | 1.54 Mn |
| Sep 30, 2021 | 20,000.00 |