Empire State Realty Trust (ESRT) Debt to Equity (2015 - 2026)

Empire State Realty Trust's (ESRT) quarterly Debt to Equity came in at $0.05 in Q1 2026, down 67.22% year-on-year from $0.15 in Q1 2025, and down 38.0% quarter-over-quarter from $0.08 in Q4 2025.

Empire State Realty Trust (ESRT) Debt to Equity (2015 - 2026) Analysis & Trends

Empire State Realty Trust has disclosed Debt to Equity across 12 years of filings, most recently posting $0.05 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.05, down 67.22% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.05 (down 67.22% YoY), and the FY2025 annual result was $0.08, up 18.17% from the prior year.
  • Debt to Equity came in at $0.05 for Q1 2026 at Empire State Realty Trust, down from $0.08 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.23 in Q2 2022 to a low of $0.05 in Q1 2026.
  • The 5-year median for Debt to Equity is $0.15 (2025), against an average of $0.14.
  • Across the five-year window, Debt to Equity tumbled 70.06% in 2024 and surged 116.34% in 2025, its largest moves.
  • Empire State Realty Trust's Debt to Equity stood at $0.23 in 2022, then decreased by 2.64% to $0.22 in 2023, then slumped by 70.06% to $0.07 in 2024, then gained by 18.17% to $0.08 in 2025, then slumped by 38.0% to $0.05 in 2026.
  • The last three Debt to Equity figures came in at $0.05 (Q1 2026), $0.08 (Q4 2025), and $0.15 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Vici Properties 29.26 Bn 28.78 Bn 1.01 Bn -
2 Broadstone Net Lease 3.95 Bn 4.05 Bn - 0.02
3 American Assets Trust 1.46 Bn 1.40 Bn - 1.40
4 Safehold 1.13 Bn 1.14 Bn 109.54 Mn -
5 Empire State Realty Trust 916.51 Mn 1.65 Bn - 0.05
6 JBG SMITH Properties 880.19 Mn 1.38 Bn - 0.63
7 CTO Realty Growth 672.82 Mn 672.82 Mn 31.01 Mn -
8 Gladstone Commercial 608.72 Mn 778.76 Mn - 0.21
9 AH Realty Trust 540.92 Mn 723.25 Mn - -
10 One Liberty Properties 510.56 Mn 490.30 Mn - 1.78

Historic Data

Download Data
DateValue
Mar 31, 2026 0.05
Dec 31, 2025 0.08
Sep 30, 2025 0.15
Mar 31, 2025 0.15
Dec 31, 2024 0.07
Sep 30, 2024 0.15
Jun 30, 2024 0.15
Mar 31, 2024 0.07
Dec 31, 2023 0.22
Dec 31, 2022 0.23
Jun 30, 2022 0.23
Mar 31, 2021 0.12
Jun 30, 2020 0.22
Mar 31, 2020 0.30
Dec 31, 2019 0.14
Jun 30, 2019 0.14
Mar 31, 2019 0.13
Sep 30, 2018 0.13
Jun 30, 2018 0.13
Dec 31, 2017 0.13