Empire State Realty Trust (ESRT) Capital Expenditures (2012 - 2026)
Empire State Realty Trust (ESRT) posted Capital Expenditures of $18.2 million for Q1 2026, down 90.84% sequentially from $198.5 million in Q4 2025, and down 56.76% YoY from $42.1 million in Q1 2025.
Empire State Realty Trust (ESRT) Capital Expenditures (2012 - 2026) Analysis & Trends
Empire State Realty Trust has reported Capital Expenditures for 15 years, with the latest figure at $18.2 million in Q1 2026.
- Quarterly Capital Expenditures fell 56.76% year-over-year to $18.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $174.6 million (down 18.77% YoY) and the FY2025 annual result came in at $198.5 million, up 14.8% from the prior year.
- Capital Expenditures slipped to $18.2 million in Q1 2026 per ESRT's latest filing, from $198.5 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $198.5 million in Q4 2025 and troughed at -$96.5 million in Q3 2024.
- A 5-year average of $35.3 million and a median of $18.2 million in 2026 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2022 and 2024: Capital Expenditures slumped 71914.52% in 2022, then surged 804333.33% in 2024.
- Over 5 years, Capital Expenditures stood at -$89.0 million in 2022, then soared by 256.46% to $139.3 million in 2023, then grew by 24.09% to $172.9 million in 2024, then grew by 14.81% to $198.5 million in 2025, then tumbled by 90.84% to $18.2 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $18.2 million, $198.5 million, and -$42.1 million for Q1 2026, Q4 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.04 Bn | 28.60 Bn | 1.05 Bn | 434.41 Mn |
| 2 | W. P. Carey | 16.30 Bn | 16.30 Bn | 441.59 Mn | 74.71 Mn |
| 3 | Broadstone Net Lease | 4.04 Bn | 4.03 Bn | - | 25.37 Mn |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | 1.82 Mn |
| 5 | American Assets Trust | 1.39 Bn | 1.39 Bn | - | - |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | - |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | 1.28 Mn |
| 8 | Empire State Realty Trust | 821.84 Mn | 821.84 Mn | - | 30.99 Mn |
| 9 | CTO Realty Growth | 768.00 Mn | 768.00 Mn | 32.71 Mn | 9.13 Mn |
| 10 | JBG SMITH Properties | 721.56 Mn | 721.56 Mn | - | 15.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.99 Mn |
| Jun 30, 2026 | 30.99 Mn |
| Mar 31, 2026 | 18.19 Mn |
| Mar 31, 2026 | 18.19 Mn |
| Dec 31, 2025 | 198.50 Mn |
| Dec 31, 2025 | 198.50 Mn |
| Jun 30, 2025 | -42.06 Mn |
| Jun 30, 2025 | -42.06 Mn |
| Mar 31, 2025 | 42.06 Mn |
| Mar 31, 2025 | 42.06 Mn |
| Dec 31, 2024 | 172.90 Mn |
| Dec 31, 2024 | 172.90 Mn |
| Sep 30, 2024 | -96.51 Mn |
| Sep 30, 2024 | -96.51 Mn |
| Jun 30, 2024 | 96.51 Mn |
| Jun 30, 2024 | 96.51 Mn |
| Mar 31, 2024 | 9,000.00 |
| Mar 31, 2024 | 9,000.00 |
| Dec 31, 2023 | 139.33 Mn |
| Dec 31, 2023 | 139.33 Mn |