Empire State Realty Trust (ESRT) Net Margin (2012 - 2026)
Empire State Realty Trust's Net Margin came in at -13.11% for Q2 2026, down 16.52 percentage points from 3.41% a year earlier and down 13.76 percentage points from the prior quarter.
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Analysis
Empire State Realty Trust (ESRT) Net Margin (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Empire State Realty Trust reported Net Margin of 0.39%, down 4.87 percentage points year-over-year; for FY2025, it was 5.65%, down 0.53 percentage points from FY2024.
- Net Margin carries a five-year change of +8.39 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 6.18% in FY2024 (-0.45 pp), 6.63% in FY2023 (+1.62 pp), 5.01% in FY2022 (+6.73 pp) and -1.72% in FY2021 (+1.03 pp).
- The Q2 2026 figure represents the lowest quarterly Net Margin in data going back to Q3 2012.
- Year-over-year, Net Margin increased in four of the last eight quarters, with an average year-over-year change of -2.68 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q2 2022 (a gain of 13.58 percentage points), and the weakest in Q2 2026 (a drop of 16.52 percentage points).
- Business Quant data shows ESRT's Net Margin at 0.65% (Q1 2026), 9.88% (Q4 2025) and 4.04% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 12.55% |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 43.74% |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 170.16% |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 22.22% |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 36.52% |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 4.08% |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 30.14% |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 49.74% |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Empire State Realty Trust | 692.31 Mn | 1.41 Bn | - | -13.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
API Access
Empire State Realty Trust Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=ESRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "ESRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=ESRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();