Empire State Realty Trust (ESRT) FCF Margin (2012 - 2026)
Empire State Realty Trust (ESRT) reported FCF Margin of -5.81% for Q2 2026, up 22.99 percentage points from -28.81% a year earlier but down 32.47 percentage points from the prior quarter.
Empire State Realty Trust (ESRT) FCF Margin (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Empire State Realty Trust's FCF Margin came in at 13.24%, up 5.12 percentage points year-over-year; for FY2025, it was 6.58%, down 4.88 percentage points from FY2024.
- FCF Margin has a five-year change of +0.15 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 11.46% in FY2024 (-1.14 pp), 12.60% in FY2023 (+0.92 pp), 11.68% in FY2022 (-7.14 pp) and 18.82% in FY2021 (+12.39 pp).
- Five-year quarterly FCF Margin spans a low of -28.81% in Q2 2025 and a high of 36.91% in Q3 2021.
- Year over year, FCF Margin gained in five of the last eight quarters, with an average year-over-year change of +1.73 percentage points.
- The high point for year-over-year FCF Margin in five years was Q2 2026 (a gain of 22.99 percentage points); the low point was Q2 2025 (a drop of 25.43 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 26.65% (Q1 2026), -4.12% (Q4 2025) and 36.80% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | 19.31% |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | - |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | 52.96% |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | 70.29% |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | 65.90% |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | 26.29% |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 63.45% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 66.74% |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | - |
| 10 | Empire State Realty Trust | 692.31 Mn | 1.41 Bn | - | -5.81% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.81% |
| Mar 31, 2026 | 26.65% |
| Dec 31, 2025 | -4.12% |
| Sep 30, 2025 | 36.80% |
| Jun 30, 2025 | -28.81% |
| Mar 31, 2025 | 22.82% |
| Dec 31, 2024 | 10.64% |
| Sep 30, 2024 | 27.77% |
| Jun 30, 2024 | -3.37% |
| Mar 31, 2024 | 9.89% |
| Dec 31, 2023 | -0.78% |
| Sep 30, 2023 | 33.90% |
| Jun 30, 2023 | -7.80% |
| Mar 31, 2023 | 27.10% |
| Dec 31, 2022 | 0.00% |
| Sep 30, 2022 | 31.48% |
| Jun 30, 2022 | -2.87% |
| Mar 31, 2022 | 19.96% |
| Dec 31, 2021 | 13.19% |
| Sep 30, 2021 | 36.91% |
Empire State Realty Trust FCF Margin 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=fcf-margin&ticker=ESRT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=ESRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();