Empire State Realty Trust (ESRT) Capital Expenditures (2012 - 2026)
Empire State Realty Trust (ESRT) reported Capital Expenditures of $18.2 million for Q1 2026, down 56.76% on a YoY basis from $42.1 million in Q1 2025, and down 90.84% sequentially from $198.5 million in Q4 2025.
Empire State Realty Trust (ESRT) Capital Expenditures (2012 - 2026) Analysis & Trends
Empire State Realty Trust (ESRT) has 15 years of Capital Expenditures data on file, last reported at $18.2 million in Q1 2026.
- For the quarter ending Q1 2026, Capital Expenditures fell 56.76% year-over-year to $18.2 million; the trailing twelve-month figure through Mar 2026 stood at $174.6 million (down 18.77% YoY), and the FY2025 full-year result was $198.5 million, up 14.8% from the prior year.
- Capital Expenditures slipped to $18.2 million in Q1 2026, from $198.5 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $198.5 million in Q4 2025 to a low of -$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.
- Across the five-year window, Capital Expenditures plunged 71914.52% in 2022 and soared 804333.33% in 2024, its largest moves.
- Tracing ESRT's Capital Expenditures over 5 years: stood at -$89.0 million in 2022, then soared by 256.46% to $139.3 million in 2023, then gained by 24.09% to $172.9 million in 2024, then gained by 14.81% to $198.5 million in 2025, then plunged by 90.84% to $18.2 million in 2026.
- Business Quant data shows ESRT's Capital Expenditures at $18.2 million in Q1 2026, $198.5 million in Q4 2025, and -$42.1 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.12 Bn | 27.64 Bn | 1.01 Bn | 628,000.00 |
| 2 | W. P. Carey | 16.60 Bn | 16.61 Bn | 434.82 Mn | 494.73 Mn |
| 3 | Broadstone Net Lease | 4.29 Bn | 4.40 Bn | - | 1.36 Mn |
| 4 | American Assets Trust | 1.47 Bn | 1.41 Bn | - | 17.57 Mn |
| 5 | Safehold | 1.15 Bn | -2.44 Bn | 109.54 Mn | - |
| 6 | Empire State Realty Trust | 930.17 Mn | 1.66 Bn | - | 18.19 Mn |
| 7 | Cim | 917.30 Mn | 735.54 Mn | - | 155,000.00 |
| 8 | JBG SMITH Properties | 855.38 Mn | 1.35 Bn | - | 27.98 Mn |
| 9 | CTO Realty Growth | 725.13 Mn | 725.13 Mn | 31.01 Mn | 3.62 Mn |
| 10 | Gladstone Commercial | 618.64 Mn | 788.68 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2023 | -12,000.00 |
| Jun 30, 2023 | -12,000.00 |