Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Income from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest & Investment IncomeInterest ExpensesInterest ExpensesNet Income towards Common StockholdersNon Operating Investment IncomeNon Operating Investment IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesPreferred Dividend PaymentsProfit After TaxRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
Others
Ratios

Empire State Realty Trust (ESRT) Operating Expenses (2016 - 2026)

Empire State Realty Trust's Operating Expenses history spans 14 years, with the latest figure at $47.8 million for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 117.36% to $47.8 million in Q4 2025 year-over-year; TTM through Dec 2025 was $405.4 million, a 446.92% increase, with the full-year FY2025 number at $184.7 million, up 3.09% from a year prior.
  • Operating Expenses hit $47.8 million in Q4 2025 for Empire State Realty Trust, down from $158.4 million in the prior quarter.
  • Over the last five years, Operating Expenses for ESRT hit a ceiling of $158.4 million in Q3 2025 and a floor of -$275.4 million in Q4 2024.
  • Historically, Operating Expenses has averaged $84.4 million across 5 years, with a median of $134.6 million in 2021.
  • Biggest five-year swings in Operating Expenses: skyrocketed 421.77% in 2022 and later tumbled 281.04% in 2024.
  • Tracing ESRT's Operating Expenses over 5 years: stood at $34.6 million in 2021, then surged by 311.84% to $142.3 million in 2022, then rose by 6.88% to $152.1 million in 2023, then tumbled by 281.04% to -$275.4 million in 2024, then skyrocketed by 117.36% to $47.8 million in 2025.
  • Business Quant data shows Operating Expenses for ESRT at $47.8 million in Q4 2025, $158.4 million in Q3 2025, and $44.9 million in Q2 2025.