Empire State Realty Trust (ESRT) FCF Margin (2012 - 2026)

Empire State Realty Trust (ESRT) reported FCF Margin of 26.65% for Q1 2026, up 384.0% on a YoY basis from 5.51% in Q1 2025, and up 132.26% sequentially from 82.62% in Q4 2025.

Empire State Realty Trust (ESRT) FCF Margin (2012 - 2026) Analysis & Trends

Empire State Realty Trust (ESRT) has 15 years of FCF Margin data on file, last reported at 26.65% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 384.0% year-over-year to 26.65%; the trailing twelve-month figure through Mar 2026 stood at 7.73% (up 15.0% YoY), and the FY2025 full-year result was 6.58%, down 488.0% from the prior year.
  • FCF Margin advanced to 26.65% in Q1 2026, from 82.62% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 99.86% in Q3 2024 to a low of 82.62% in Q4 2025.
  • A 5-year average of 16.46% and a median of 31.48% in 2022 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin plunged 12298 bps in 2023 and soared 6729 bps in 2025, its largest moves.
  • Tracing ESRT's FCF Margin over 5 years: stood at 69.64% in 2022, then sank by 177 bps to 53.34% in 2023, then fell by 17 bps to 62.18% in 2024, then plunged by 33 bps to 82.62% in 2025, then surged by 132 bps to 26.65% in 2026.
  • Business Quant data shows ESRT's FCF Margin at 26.65% in Q1 2026, 82.62% in Q4 2025, and 53.25% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn 61.98%
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn -46.53%
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - 61.55%
4 American Assets Trust 1.47 Bn 1.41 Bn - 20.89%
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn -7.76%
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 26.65%
7 Cim 917.30 Mn 735.54 Mn - 33.12%
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - -19.25%
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 26.69%
10 Gladstone Commercial 618.64 Mn 788.68 Mn - 42.74%

Historic Data

Download Data
DateValue
Mar 31, 2026 26.65%
Dec 31, 2025 -82.62%
Sep 30, 2025 53.25%
Jun 30, 2025 35.96%
Mar 31, 2025 22.82%
Dec 31, 2024 -62.18%
Sep 30, 2024 99.86%
Jun 30, 2024 -31.33%
Mar 31, 2024 39.14%
Dec 31, 2023 -53.34%
Sep 30, 2023 47.07%
Jun 30, 2023 10.26%
Mar 31, 2023 52.45%
Dec 31, 2022 69.64%
Sep 30, 2022 31.48%
Jun 30, 2022 -20.50%
Mar 31, 2022 41.25%
Dec 31, 2021 28.28%
Sep 30, 2021 50.50%
Jun 30, 2021 20.17%