Empire State Realty Trust (ESRT) Operating Margin (2012 - 2026)

Empire State Realty Trust (ESRT) has 15 years of Operating Margin data on file, last reported at 15.48% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin rose 116.0% year-over-year to 15.48%; the trailing twelve-month figure through Mar 2026 stood at 17.9% (down 211.0% YoY), and the FY2025 full-year result was 17.66%, down 301.0% from the prior year.
• Operating Margin declined to 15.48% in Q1 2026, from 17.77% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 24.24% in Q2 2023 to a low of 3.69% in Q1 2022.
• A 5-year average of 18.49% and a median of 19.89% in 2025 frame the typical range for Operating Margin.
• Peak annual rise in Operating Margin reached 1134 bps in 2022, while the deepest fall reached 894 bps in 2022.
• Tracing ESRT's Operating Margin over 5 years: stood at 21.49% in 2022, then fell by 2 bps to 21.14% in 2023, then advanced by 3 bps to 21.73% in 2024, then decreased by 18 bps to 17.77% in 2025, then decreased by 13 bps to 15.48% in 2026.
• Business Quant data shows ESRT's Operating Margin at 15.48% in Q1 2026, 17.77% in Q4 2025, and 19.89% in Q3 2025.