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

Empire State Realty Trust's (ESRT) quarterly Net Margin came in at 0.65% in Q1 2026, down 447.0% year-on-year from 0.19% in Q1 2025, and down 93.43% quarter-over-quarter from 9.88% in Q4 2025.

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

Empire State Realty Trust has disclosed Net Margin across 15 years of filings, most recently posting 0.65% for Q1 2026.

  • Net Margin for Q1 2026 came in at 0.65%, down 447.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.55% (down 210.0% YoY), and the FY2025 annual result was 5.65%, down 53.0% from the prior year.
  • Net Margin came in at 0.65% for Q1 2026 at Empire State Realty Trust, down from 9.88% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 14.94% in Q2 2022 to a low of 6.88% in Q1 2022.
  • The 5-year median for Net Margin is 5.12% (2025), against an average of 5.4%.
  • Across the five-year window, Net Margin jumped 1358 bps in 2022 and plunged 560 bps in 2025, its largest moves.
  • Empire State Realty Trust's Net Margin stood at 6.95% in 2022, then slumped by 32 bps to 4.72% in 2023, then gained by 20 bps to 5.65% in 2024, then soared by 75 bps to 9.88% in 2025, then slumped by 93 bps to 0.65% in 2026.
  • The last three Net Margin figures came in at 0.65% (Q1 2026), 9.88% (Q4 2025), and 4.04% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Vici Properties 29.26 Bn 28.78 Bn 1.01 Bn 86.98%
2 Broadstone Net Lease 3.95 Bn 4.05 Bn - -
3 American Assets Trust 1.46 Bn 1.40 Bn - 2.86%
4 Safehold 1.13 Bn 1.14 Bn 109.54 Mn 26.04%
5 Empire State Realty Trust 916.51 Mn 1.65 Bn - 0.65%
6 JBG SMITH Properties 880.19 Mn 1.38 Bn - -14.65%
7 CTO Realty Growth 672.82 Mn 672.82 Mn 31.01 Mn 10.51%
8 Gladstone Commercial 608.72 Mn 778.76 Mn - 9.15%
9 AH Realty Trust 540.92 Mn 723.25 Mn - -49.79%
10 One Liberty Properties 510.56 Mn 490.30 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 0.65%
Dec 31, 2025 9.88%
Sep 30, 2025 4.04%
Jun 30, 2025 3.41%
Mar 31, 2025 5.12%
Dec 31, 2024 5.65%
Sep 30, 2024 6.78%
Jun 30, 2024 9.01%
Mar 31, 2024 3.12%
Dec 31, 2023 4.72%
Sep 30, 2023 6.04%
Jun 30, 2023 11.47%
Mar 31, 2023 3.96%
Dec 31, 2022 6.95%
Sep 30, 2022 3.02%
Jun 30, 2022 14.94%
Mar 31, 2022 -6.88%
Dec 31, 2021 -1.99%
Sep 30, 2021 -4.23%
Jun 30, 2021 1.35%