Empire State Realty Trust (ESRT) EBITDA Margin (2012 - 2026)
Empire State Realty Trust (ESRT) reported EBITDA Margin of 15.48% for Q1 2026, up 116.0% on a YoY basis from 7.17% in Q1 2025, and down 12.91% sequentially from 17.77% in Q4 2025.
Empire State Realty Trust (ESRT) EBITDA Margin (2012 - 2026) Analysis & Trends
Empire State Realty Trust (ESRT) has 15 years of EBITDA Margin data on file, last reported at 15.48% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin rose 116.0% year-over-year to 15.48%; the trailing twelve-month figure through Mar 2026 stood at 17.9% (down 211.0% YoY), and the FY2025 full-year result was 17.66%, down 301.0% from the prior year.
- EBITDA Margin declined to 15.48% in Q1 2026, from 17.77% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 24.24% in Q2 2023 to a low of 3.69% in Q1 2022.
- A 5-year average of 18.49% and a median of 19.89% in 2025 frame the typical range for EBITDA Margin.
- Peak annual rise in EBITDA Margin reached 1134 bps in 2022, while the deepest fall reached 894 bps in 2022.
- Tracing ESRT's EBITDA Margin over 5 years: stood at 21.49% in 2022, then fell by 2 bps to 21.14% in 2023, then advanced by 3 bps to 21.73% in 2024, then decreased by 18 bps to 17.77% in 2025, then decreased by 13 bps to 15.48% in 2026.
- Business Quant data shows ESRT's EBITDA Margin at 15.48% in Q1 2026, 17.77% in Q4 2025, and 19.89% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.12 Bn | 27.64 Bn | 1.01 Bn | 97.80% |
| 2 | W. P. Carey | 16.60 Bn | 16.61 Bn | 434.82 Mn | 39.54% |
| 3 | Broadstone Net Lease | 4.29 Bn | 4.40 Bn | - | - |
| 4 | American Assets Trust | 1.47 Bn | 1.41 Bn | - | 21.09% |
| 5 | Safehold | 1.15 Bn | -2.44 Bn | 109.54 Mn | 23.05% |
| 6 | Empire State Realty Trust | 930.17 Mn | 1.66 Bn | - | 15.48% |
| 7 | Cim | 917.30 Mn | 735.54 Mn | - | - |
| 8 | JBG SMITH Properties | 855.38 Mn | 1.35 Bn | - | 47.74% |
| 9 | CTO Realty Growth | 725.13 Mn | 725.13 Mn | 31.01 Mn | 25.00% |
| 10 | Gladstone Commercial | 618.64 Mn | 788.68 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.48% |
| Dec 31, 2025 | 17.77% |
| Sep 30, 2025 | 19.89% |
| Jun 30, 2025 | 18.36% |
| Mar 31, 2025 | 14.32% |
| Dec 31, 2024 | 21.73% |
| Sep 30, 2024 | 22.72% |
| Jun 30, 2024 | 20.77% |
| Mar 31, 2024 | 17.14% |
| Dec 31, 2023 | 21.14% |
| Sep 30, 2023 | 22.06% |
| Jun 30, 2023 | 24.24% |
| Mar 31, 2023 | 10.62% |
| Dec 31, 2022 | 21.49% |
| Sep 30, 2022 | 19.34% |
| Jun 30, 2022 | 23.48% |
| Mar 31, 2022 | 3.69% |
| Dec 31, 2021 | 13.16% |
| Sep 30, 2021 | 8.00% |
| Jun 30, 2021 | 17.26% |