Empire State Realty OP (ESBA) Tax Rate (2014 - 2026)

Empire State Realty OP (ESBA) reported 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 13 years of Tax Rate data on file, last reported at 54.94% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 54.94%, down 5086.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.39% (up 32.0% YoY), and the FY2025 annual result was 3.39%, up 15.0% from the prior year.
  • Tax Rate retreated to 54.94% in Q1 2026 per ESBA's latest filing, from 3.17% in the prior quarter.
  • Over five years, Tax Rate peaked at 12.59% in Q3 2022 and troughed at 54.94% in Q1 2026.
  • A 5-year average of 0.06% and a median of 4.03% in 2025 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2026: Tax Rate jumped 6635 bps in 2022, then plunged 5086 bps in 2026.
  • A 5-year view of Tax Rate shows it stood at 5.76% in 2022, then soared by 76 bps to 10.17% in 2023, then plunged by 43 bps to 5.77% in 2024, then slumped by 45 bps to 3.17% in 2025, then tumbled 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Alexandria Real Estate Equities 9.03 Bn 9.03 Bn - -
2 Cousins Properties 4.85 Bn 4.87 Bn 180.52 Mn -
3 Kilroy Realty 4.57 Bn 4.57 Bn -59.85 Mn -
4 Sl Green Realty 3.90 Bn 4.01 Bn 252.80 Mn -
5 Copt Defense Properties 3.85 Bn 3.90 Bn 195.09 Mn 0.32%
6 Highwoods Properties 3.25 Bn 3.27 Bn - -
7 Douglas Emmett 2.11 Bn 3.29 Bn 176.48 Mn -
8 Empire State Realty OP 1.49 Bn 1.49 Bn - -54.94%
9 Piedmont Realty Trust 1.15 Bn 1.15 Bn 85.99 Mn -
10 Easterly Government Properties 1.12 Bn 1.17 Bn 71.01 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -54.94%
Mar 31, 2026 -54.94%
Dec 31, 2025 3.17%
Dec 31, 2025 3.17%
Sep 30, 2025 10.76%
Sep 30, 2025 10.76%
Jun 30, 2025 4.03%
Jun 30, 2025 4.03%
Mar 31, 2025 -4.08%
Mar 31, 2025 -4.08%
Dec 31, 2024 5.77%
Dec 31, 2024 5.77%
Sep 30, 2024 5.95%
Sep 30, 2024 5.95%
Jun 30, 2024 2.56%
Jun 30, 2024 2.56%
Mar 31, 2024 -6.85%
Mar 31, 2024 -6.85%
Dec 31, 2023 10.17%
Dec 31, 2023 10.17%