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| Date | Value |
|---|---|
| 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 |