Empire State Realty Trust ESRT
NYSE ESRT
$4.80 +0.01 (+0.31%)
As of: Aug 21, 2026 · 10:18 AM EDT

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

Empire State Realty Trust (ESRT) posted Net Margin of 0.65% for Q1 2026, down 93.43% sequentially from 9.88% in Q4 2025, and down 447.0% YoY from 0.19% in Q1 2025.

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

Empire State Realty Trust has reported Net Margin for 15 years, with the latest figure at 0.65% in Q1 2026.

  • Quarterly Net Margin fell 447.0% year-over-year to 0.65% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.55% (down 210.0% YoY) and the FY2025 annual result came in at 5.65%, down 53.0% from the prior year.
  • Net Margin eased to 0.65% in Q1 2026 per ESRT's latest filing, from 9.88% in the prior quarter.
  • Over five years, Net Margin peaked at 14.94% in Q2 2022 and troughed at 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.
  • The sharpest annual moves came in 2022 and 2025: Net Margin soared 1358 bps in 2022, then plunged 560 bps in 2025.
  • Over 5 years, Net Margin stood at 6.95% in 2022, then slumped by 32 bps to 4.72% in 2023, then climbed by 20 bps to 5.65% in 2024, then surged by 75 bps to 9.88% in 2025, then slumped by 93 bps to 0.65% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 0.65%, 9.88%, and 4.04% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Vici Properties 29.02 Bn 28.58 Bn 1.05 Bn 49.97%
2 W. P. Carey 16.16 Bn 16.16 Bn 441.59 Mn 40.27%
3 Broadstone Net Lease 4.03 Bn 4.02 Bn - -
4 Global Net Lease 1.92 Bn 1.77 Bn - -6.62%
5 American Assets Trust 1.39 Bn 1.39 Bn - 4.73%
6 Safehold 1.10 Bn -2.59 Bn 113.88 Mn 26.30%
7 Cim 1.05 Bn 2.41 Bn - -23.41%
8 Empire State Realty Trust 821.84 Mn 821.84 Mn - -13.11%
9 CTO Realty Growth 764.68 Mn 764.68 Mn 32.71 Mn 30.19%
10 JBG SMITH Properties 727.62 Mn 727.62 Mn - -46.22%

Historic Data

Download Data
DateValue
Jun 30, 2026 -13.11%
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%