Empire State Realty Trust (ESRT) Interest Expenses (2012 - 2026)
Empire State Realty Trust (ESRT) posted Interest Expenses of $28.1 million for Q1 2026, up 8.72% sequentially from $25.9 million in Q4 2025, and up 4.45% YoY from $26.9 million in Q1 2025.
Empire State Realty Trust (ESRT) Interest Expenses (2012 - 2026) Analysis & Trends
Empire State Realty Trust has reported Interest Expenses for 15 years, with the latest figure at $28.1 million in Q1 2026.
- Quarterly Interest Expenses rose 4.45% year-over-year to $28.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $106.1 million (down 0.85% YoY) and the FY2025 annual result came in at $266.4 million, up 153.16% from the prior year.
- Interest Expenses rose to $28.1 million in Q1 2026 per ESRT's latest filing, from $25.9 million in the prior quarter.
- Over five years, Interest Expenses peaked at $37.9 million in Q2 2025 and troughed at $25.0 million in Q1 2022.
- A 5-year average of $26.6 million and a median of $25.4 million in 2023 frame the typical range for Interest Expenses.
- The widest YoY moves for Interest Expenses: up 49.75% in 2025, down 8.1% in 2025.
- Over 5 years, Interest Expenses stood at $25.6 million in 2022, then declined by 0.94% to $25.4 million in 2023, then grew by 7.82% to $27.4 million in 2024, then dropped by 5.48% to $25.9 million in 2025, then increased by 8.72% to $28.1 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $28.1 million, $25.9 million, and $25.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.92 Bn | 28.48 Bn | 1.05 Bn | 209.93 Mn |
| 2 | W. P. Carey | 16.08 Bn | 16.08 Bn | 441.59 Mn | 78.98 Mn |
| 3 | Broadstone Net Lease | 4.01 Bn | 4.00 Bn | - | 25.79 Mn |
| 4 | Global Net Lease | 1.91 Bn | 1.76 Bn | - | 38.82 Mn |
| 5 | American Assets Trust | 1.38 Bn | 1.38 Bn | - | - |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 55.19 Mn |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | 8.05 Mn |
| 8 | Empire State Realty Trust | 826.12 Mn | 826.12 Mn | - | 27.81 Mn |
| 9 | CTO Realty Growth | 764.50 Mn | 764.50 Mn | 32.71 Mn | - |
| 10 | JBG SMITH Properties | 729.72 Mn | 729.72 Mn | - | 36.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.81 Mn |
| Jun 30, 2026 | 27.81 Mn |
| Mar 31, 2026 | 28.14 Mn |
| Mar 31, 2026 | 28.14 Mn |
| Dec 31, 2025 | 25.88 Mn |
| Dec 31, 2025 | 25.88 Mn |
| Sep 30, 2025 | 25.19 Mn |
| Sep 30, 2025 | 25.19 Mn |
| Jun 30, 2025 | 37.92 Mn |
| Jun 30, 2025 | 37.92 Mn |
| Mar 31, 2025 | 26.94 Mn |
| Mar 31, 2025 | 26.94 Mn |
| Dec 31, 2024 | 27.38 Mn |
| Dec 31, 2024 | 27.38 Mn |
| Sep 30, 2024 | 27.41 Mn |
| Sep 30, 2024 | 27.41 Mn |
| Jun 30, 2024 | 25.32 Mn |
| Jun 30, 2024 | 25.32 Mn |
| Mar 31, 2024 | 25.13 Mn |
| Mar 31, 2024 | 25.13 Mn |