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Empire State Realty Trust (ESRT) Operating Expenses (2016 - 2025)

Empire State Realty Trust (ESRT) has disclosed Operating Expenses for 14 consecutive years, with $163.8 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 251.2% to $163.8 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $632.6 million through Dec 2025, up 253.07% year-over-year, with the annual reading at $632.6 million for FY2025, 253.07% up from the prior year.
  • Operating Expenses hit $163.8 million in Q4 2025 for Empire State Realty Trust, up from $158.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $468.5 million in Q4 2023 to a low of $28.8 million in Q2 2021.
  • Historically, Operating Expenses has averaged $111.0 million across 5 years, with a median of $86.8 million in 2021.
  • Biggest five-year swings in Operating Expenses: surged 1099.4% in 2023 and later plummeted 90.04% in 2024.
  • Year by year, Operating Expenses stood at $139.2 million in 2021, then plummeted by 71.95% to $39.1 million in 2022, then soared by 1099.4% to $468.5 million in 2023, then tumbled by 90.04% to $46.6 million in 2024, then skyrocketed by 251.2% to $163.8 million in 2025.
  • Business Quant data shows Operating Expenses for ESRT at $163.8 million in Q4 2025, $158.4 million in Q3 2025, and $156.1 million in Q2 2025.