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

Empire State Realty Trust's Operating Expenses history spans 10 years, with the latest figure at $163.8 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 5.92% year-over-year to $163.8 million; the TTM value through Dec 2025 reached $632.6 million, up 3.84%, while the annual FY2025 figure was $632.6 million, 3.84% up from the prior year.
  • Operating Expenses for Q4 2025 was $163.8 million at Empire State Realty Trust, up from $158.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $265.3 million in Q2 2025 and bottomed at -$273.4 million in Q4 2023.
  • The 5-year median for Operating Expenses is $148.7 million (2022), against an average of $112.7 million.
  • The largest annual shift saw Operating Expenses soared 641.99% in 2022 before it crashed 206.64% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $34.6 million in 2021, then skyrocketed by 641.99% to $256.4 million in 2022, then plummeted by 206.64% to -$273.4 million in 2023, then soared by 156.56% to $154.7 million in 2024, then rose by 5.92% to $163.8 million in 2025.
  • Per Business Quant, the three most recent readings for ESRT's Operating Expenses are $163.8 million (Q4 2025), $158.4 million (Q3 2025), and $265.3 million (Q2 2025).