Empire State Realty Trust (ESRT) Capital Expenditures (2012 - 2026)

Empire State Realty Trust's (ESRT) quarterly Capital Expenditures came in at $18.2 million in Q1 2026, down 56.76% year-on-year from $42.1 million in Q1 2025, and up 114.68% quarter-over-quarter from -$123.9 million in Q3 2025.

Empire State Realty Trust (ESRT) Capital Expenditures (2012 - 2026) Analysis & Trends

Empire State Realty Trust has disclosed Capital Expenditures across 15 years of filings, most recently posting $18.2 million for Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $18.2 million, down 56.76% year-over-year; the trailing twelve-month figure through Mar 2026 was -$23.9 million (down 114.74% YoY), and the FY2024 annual result was $172.9 million, up 1440783.33% from the prior year.
  • Capital Expenditures came in at $18.2 million for Q1 2026 at Empire State Realty Trust, up from -$123.9 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $143.9 million in Q3 2024 to a low of -$123.9 million in Q3 2025.
  • The 5-year median for Capital Expenditures is $9.1 million (2023), against an average of $13.7 million.
  • Peak annual rise in Capital Expenditures reached 441566.67% in 2024, while the deepest fall reached 441491.67% in 2024.
  • Empire State Realty Trust's Capital Expenditures stood at $4000.0 in 2022, then soared by 200.0% to $12000.0 in 2023, then jumped by 241666.67% to $29.0 million in 2024, then slumped by 526.96% to -$123.9 million in 2025, then jumped by 114.68% to $18.2 million in 2026.
  • The last three Capital Expenditures figures came in at $18.2 million (Q1 2026), -$123.9 million (Q3 2025), and $81.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Vici Properties 29.26 Bn 28.78 Bn 1.01 Bn 628,000.00
2 Broadstone Net Lease 3.95 Bn 4.05 Bn - 1.36 Mn
3 American Assets Trust 1.46 Bn 1.40 Bn - 17.57 Mn
4 Safehold 1.13 Bn 1.14 Bn 109.54 Mn -
5 Empire State Realty Trust 916.51 Mn 1.65 Bn - 18.19 Mn
6 JBG SMITH Properties 880.19 Mn 1.38 Bn - 23.24 Mn
7 CTO Realty Growth 672.82 Mn 672.82 Mn 31.01 Mn 3.62 Mn
8 Gladstone Commercial 608.72 Mn 778.76 Mn - -
9 AH Realty Trust 540.92 Mn 723.25 Mn - -
10 One Liberty Properties 510.56 Mn 490.30 Mn - 1.82 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 18.19 Mn
Mar 31, 2026 18.19 Mn
Sep 30, 2025 -123.87 Mn
Sep 30, 2025 -123.87 Mn
Jun 30, 2025 81.81 Mn
Jun 30, 2025 81.81 Mn
Mar 31, 2025 42.06 Mn
Mar 31, 2025 42.06 Mn
Dec 31, 2024 29.01 Mn
Dec 31, 2024 29.01 Mn
Sep 30, 2024 143.89 Mn
Sep 30, 2024 143.89 Mn
Jun 30, 2024 -52.99 Mn
Jun 30, 2024 -52.99 Mn
Mar 31, 2024 53.00 Mn
Mar 31, 2024 53.00 Mn
Dec 31, 2023 12,000.00
Dec 31, 2023 12,000.00
Jun 30, 2023 -12,000.00
Jun 30, 2023 -12,000.00