Empire State Realty Trust (ESRT) EV to EBITDA (2014 - 2026)
Empire State Realty Trust's EV to EBITDA came in at 9.52 for Q2 2026, up 61.5% from 5.90 a year earlier and up 106.0% from the prior quarter.
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Analysis
Empire State Realty Trust (ESRT) EV to EBITDA (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Empire State Realty Trust reported EV to EBITDA of 7.36, up 149.8% year-over-year; for FY2025, it was 5.16, down 13.7% from FY2024.
- Going back by year, EV to EBITDA was 5.98 in FY2024 (+4.6%), 5.72 in FY2023 (+31.2%), 4.36 in FY2022 (-29.1%) and 6.14 in FY2021 (-10.3%).
- The Q2 2026 figure represents the highest quarterly EV to EBITDA since Q4 2017.
- Year-over-year, EV to EBITDA increased in four of the last eight quarters, with growth averaging 7.9%.
- The fastest year-over-year change in EV to EBITDA over five years came in Q2 2026 (growth of 61.5%), and the weakest in Q2 2022 (a decline of 47.1%).
- Business Quant data shows ESRT's EV to EBITDA at 4.62 (Q1 2026), 5.16 (Q4 2025) and 5.60 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - |
| 10 | Empire State Realty Trust | 692.31 Mn | 1.41 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.52 |
| Mar 31, 2026 | 4.62 |
| Dec 31, 2025 | 5.16 |
| Sep 30, 2025 | 5.60 |
| Jun 30, 2025 | 5.90 |
| Mar 31, 2025 | 5.40 |
| Dec 31, 2024 | 5.98 |
| Sep 30, 2024 | 6.15 |
| Jun 30, 2024 | 5.00 |
| Mar 31, 2024 | 5.80 |
| Dec 31, 2023 | 5.72 |
| Sep 30, 2023 | 4.98 |
| Jun 30, 2023 | 4.89 |
| Mar 31, 2023 | 4.33 |
| Dec 31, 2022 | 4.36 |
| Sep 30, 2022 | 4.09 |
| Jun 30, 2022 | 4.46 |
| Mar 31, 2022 | 6.41 |
| Dec 31, 2021 | 6.14 |
| Sep 30, 2021 | 6.39 |
API Access
Empire State Realty Trust EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=ESRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "ESRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=ESRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();