Empire State Realty Trust (ESRT) Net Margin (2012 - 2026)
Empire State Realty Trust (ESRT) reported Net Margin of 0.65% for Q1 2026, down 447.0% on a YoY basis from 0.19% in Q1 2025, and down 93.43% sequentially from 9.88% in Q4 2025.
Empire State Realty Trust (ESRT) Net Margin (2012 - 2026) Analysis & Trends
Empire State Realty Trust (ESRT) has 15 years of Net Margin data on file, last reported at 0.65% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 447.0% year-over-year to 0.65%; the trailing twelve-month figure through Mar 2026 stood at 4.55% (down 210.0% YoY), and the FY2025 full-year result was 5.65%, down 53.0% from the prior year.
- Net Margin eased to 0.65% in Q1 2026, 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.
- A 5-year average of 5.4% and a median of 5.12% in 2025 frame the typical range for Net Margin.
- Across the five-year window, Net Margin jumped 1358 bps in 2022 and slumped 560 bps in 2025, its largest moves.
- Tracing ESRT's Net Margin over 5 years: stood at 6.95% in 2022, then tumbled by 32 bps to 4.72% in 2023, then rose by 20 bps to 5.65% in 2024, then surged by 75 bps to 9.88% in 2025, then tumbled by 93 bps to 0.65% in 2026.
- Business Quant data shows ESRT's Net Margin at 0.65% in Q1 2026, 9.88% in Q4 2025, and 4.04% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.12 Bn | 27.64 Bn | 1.01 Bn | 86.36% |
| 2 | W. P. Carey | 16.60 Bn | 16.61 Bn | 434.82 Mn | 38.83% |
| 3 | Broadstone Net Lease | 4.29 Bn | 4.40 Bn | - | - |
| 4 | American Assets Trust | 1.47 Bn | 1.41 Bn | - | 2.86% |
| 5 | Safehold | 1.15 Bn | -2.44 Bn | 109.54 Mn | 26.04% |
| 6 | Empire State Realty Trust | 930.17 Mn | 1.66 Bn | - | 0.65% |
| 7 | Cim | 917.30 Mn | 735.54 Mn | - | - |
| 8 | JBG SMITH Properties | 855.38 Mn | 1.35 Bn | - | -14.65% |
| 9 | CTO Realty Growth | 725.13 Mn | 725.13 Mn | 31.01 Mn | 10.51% |
| 10 | Gladstone Commercial | 618.64 Mn | 788.68 Mn | - | 9.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |