Empire State Realty Trust (ESRT) Return on Invested Capital [ROIC] (2014 - 2026)
Empire State Realty Trust's Return on Invested Capital [ROIC] was -1.12% in Q2 2026, down 6.93 percentage points from 5.81% a year earlier and down 5.77 percentage points from the prior quarter.
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Analysis
Empire State Realty Trust (ESRT) Return on Invested Capital [ROIC] (2014 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Empire State Realty Trust came in at 4.86%, down 1.19 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of +3.28 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 6.04% in FY2024 (+0.93 pp), 5.11% in FY2023 (+0.96 pp), 4.15% in FY2022 (+1.79 pp) and 2.36% in FY2021 (+0.79 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2014.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for four straight quarters, with an average year-over-year change of -0.85 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q1 2023 (a gain of 2.47 percentage points); the worst was Q2 2026 (a drop of 6.93 percentage points).
- Per Business Quant data, ESRT's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 4.64% (Q1 2026), 4.84% (Q4 2025) and 5.52% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 181.70 Bn | 168.77 Bn | 1.47 Bn | 0.65% |
| 2 | Prologis | 123.65 Bn | 122.03 Bn | - | 4.98% |
| 3 | Simon Property | 80.48 Bn | 78.58 Bn | - | 9.67% |
| 4 | Public Storage | 62.76 Bn | 62.20 Bn | 112.08 Mn | 2.59% |
| 5 | Realty Income | 56.61 Bn | 57.99 Bn | - | 3.56% |
| 6 | Ryman Hospitality Properties | 47.80 Bn | 46.64 Bn | 266.41 Mn | 9.75% |
| 7 | Ventas | 47.78 Bn | 46.95 Bn | -3.39 Bn | 9.63% |
| 8 | Vivmark Residential | 38.23 Bn | 37.98 Bn | - | 0.37% |
| 9 | Extra Space Storage | 33.20 Bn | 32.98 Bn | 650.96 Mn | 5.30% |
| 10 | Empire State Realty Trust | 871.86 Mn | 1.22 Bn | 110.85 Mn | -0.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -0.81% |
| Jun 30, 2026 | -1.12% |
| Mar 31, 2026 | 4.64% |
| Dec 31, 2025 | 4.84% |
| Sep 30, 2025 | 5.52% |
| Jun 30, 2025 | 5.81% |
| Mar 31, 2025 | 6.01% |
| Dec 31, 2024 | 6.24% |
| Sep 30, 2024 | 6.12% |
| Jun 30, 2024 | 5.40% |
| Mar 31, 2024 | 5.51% |
| Dec 31, 2023 | 5.07% |
| Sep 30, 2023 | 4.73% |
| Jun 30, 2023 | 4.53% |
| Mar 31, 2023 | 4.59% |
| Dec 31, 2022 | 4.18% |
| Sep 30, 2022 | 3.51% |
| Jun 30, 2022 | 2.86% |
| Mar 31, 2022 | 2.12% |
| Dec 31, 2021 | 2.37% |
API Access
Empire State Realty Trust Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=ESRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "ESRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=ESRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();