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
DateValue
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