Empire State Realty Trust (ESRT) Operating Leases (2013 - 2026)

Empire State Realty Trust's (ESRT) quarterly Operating Leases came in at $27.9 million in Q1 2026, up 52.41% year-on-year from $18.3 million in Q1 2025, and little changed quarter-over-quarter from $27.9 million in Q4 2025.

Empire State Realty Trust (ESRT) Operating Leases (2013 - 2026) Analysis & Trends

Empire State Realty Trust has disclosed Operating Leases across 14 years of filings, most recently posting $27.9 million for Q1 2026.

  • Operating Leases for Q1 2026 came in at $27.9 million, up 52.41% year-over-year; the trailing twelve-month figure through Mar 2026 was $27.9 million (up 52.41% YoY), and the FY2025 annual result was $27.9 million, up 43.1% from the prior year.
  • Operating Leases came in at $27.9 million for Q1 2026 at Empire State Realty Trust, roughly flat from $27.9 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $28.8 million in Q1 2022 to a low of $11.9 million in Q2 2024.
  • The 5-year median for Operating Leases is $27.9 million (2025), against an average of $23.1 million.
  • Peak annual rise in Operating Leases reached 92.48% in 2024, while the deepest fall reached 58.49% in 2024.
  • Empire State Realty Trust's Operating Leases stood at $28.7 million in 2022, then decreased by 0.81% to $28.4 million in 2023, then plunged by 31.44% to $19.5 million in 2024, then soared by 43.1% to $27.9 million in 2025, then changed by 0.0% to $27.9 million in 2026.
  • The last three Operating Leases figures came in at $27.9 million (Q1 2026), $27.9 million (Q4 2025), and $15.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vici Properties 29.90 Bn 29.42 Bn 1.01 Bn
2 Broadstone Net Lease 4.01 Bn 4.11 Bn -
3 American Assets Trust 1.48 Bn 1.42 Bn -
4 Safehold 1.14 Bn 1.15 Bn 109.54 Mn
5 Empire State Realty Trust 973.69 Mn 1.70 Bn -
6 JBG SMITH Properties 887.28 Mn 1.38 Bn -
7 CTO Realty Growth 676.07 Mn 676.07 Mn 31.01 Mn
8 Gladstone Commercial 618.88 Mn 788.92 Mn -
9 AH Realty Trust 547.30 Mn 729.64 Mn -
10 One Liberty Properties 515.72 Mn 495.45 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 27.90 Mn
Dec 31, 2025 27.90 Mn
Sep 30, 2025 15.88 Mn
Jun 30, 2025 17.08 Mn
Mar 31, 2025 18.31 Mn
Dec 31, 2024 19.50 Mn
Sep 30, 2024 28.30 Mn
Jun 30, 2024 11.87 Mn
Mar 31, 2024 28.40 Mn
Dec 31, 2023 28.44 Mn
Sep 30, 2023 14.70 Mn
Jun 30, 2023 28.60 Mn
Mar 31, 2023 28.61 Mn
Dec 31, 2022 28.67 Mn
Sep 30, 2022 18.90 Mn
Jun 30, 2022 20.18 Mn
Mar 31, 2022 28.80 Mn
Dec 31, 2021 28.89 Mn
Sep 30, 2021 28.95 Mn
Jun 30, 2021 29.00 Mn