Empire State Realty OP (ESBA) Tax Rate (2014 - 2026)
Empire State Realty OP (ESBA) posted quarterly Tax Rate of 54.94% for Q1 2026, down 5086.0% year-over-year from 1.1% in Q1 2025, and down 1831.93% quarter-over-quarter from 3.17% in Q4 2025.
Empire State Realty OP (ESBA) Tax Rate (2014 - 2026) Analysis & Trends
Empire State Realty OP (ESBA) has reported Tax Rate for 13 consecutive years, with 54.94% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 5086.0% year-over-year to 54.94%; the TTM figure through Mar 2026 stood at 3.39% (up 32.0% YoY), while the FY2025 annual figure was 3.39%, up 15.0% from the prior year.
- Tax Rate declined to 54.94% in Q1 2026 per ESBA's latest filing, from 3.17% in the prior quarter.
- Across five years, Tax Rate topped out at 12.59% in Q3 2022 and bottomed at 54.94% in Q1 2026.
- Historically, Tax Rate has averaged 0.06% across 5 years, with a median of 4.03% in 2025.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 6635 bps — and 2026, when it plunged 5086 bps.
- Empire State Realty OP's Tax Rate stood at 5.76% in 2022, then jumped by 76 bps to 10.17% in 2023, then sank by 43 bps to 5.77% in 2024, then tumbled by 45 bps to 3.17% in 2025, then plunged by 1832 bps to 54.94% in 2026.
- Business Quant data shows ESBA's Tax Rate at 54.94% in Q1 2026, 3.17% in Q4 2025, and 10.76% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.13 Bn | 8.02 Bn | - | - |
| 2 | Cousins Properties | 4.84 Bn | 4.83 Bn | 183.86 Mn | - |
| 3 | Kilroy Realty | 4.23 Bn | 4.23 Bn | 212.24 Mn | - |
| 4 | Copt Defense Properties | 4.21 Bn | 4.21 Bn | 191.37 Mn | 0.07% |
| 5 | Sl Green Realty | 4.08 Bn | 4.08 Bn | 263.98 Mn | - |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | - |
| 7 | Douglas Emmett | 1.97 Bn | 1.62 Bn | 178.95 Mn | - |
| 8 | Empire State Realty OP | 1.26 Bn | 1.26 Bn | - | 1.90% |
| 9 | Piedmont Realty Trust | 1.22 Bn | 1.22 Bn | 88.14 Mn | - |
| 10 | Easterly Government Properties | 1.15 Bn | 1.15 Bn | 72.41 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.90% |
| Jun 30, 2026 | 1.90% |
| Jun 30, 2026 | 1.90% |
| Mar 31, 2026 | -54.94% |
| Mar 31, 2026 | -54.94% |
| Mar 31, 2026 | -54.94% |
| Dec 31, 2025 | 3.17% |
| Dec 31, 2025 | 3.17% |
| Dec 31, 2025 | 3.17% |
| Sep 30, 2025 | 10.76% |
| Sep 30, 2025 | 10.76% |
| Sep 30, 2025 | 10.76% |
| Jun 30, 2025 | 4.03% |
| Jun 30, 2025 | 4.03% |
| Jun 30, 2025 | 4.03% |
| Mar 31, 2025 | -4.08% |
| Mar 31, 2025 | -4.08% |
| Mar 31, 2025 | -4.08% |
| Dec 31, 2024 | 5.77% |
| Dec 31, 2024 | 5.77% |