Empire State Realty Trust (ESRT) Tax Rate (2013 - 2026)
Empire State Realty Trust's (ESRT) quarterly Tax Rate came in at 54.94% in Q1 2026, down 5086.0% year-on-year from 1.1% in Q1 2025, and down 1831.93% quarter-over-quarter from 3.17% in Q4 2025.
Empire State Realty Trust (ESRT) Tax Rate (2013 - 2026) Analysis & Trends
Empire State Realty Trust has disclosed Tax Rate across 14 years of filings, most recently posting 54.94% for Q1 2026.
- Tax Rate for Q1 2026 came in at 54.94%, down 5086.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.39% (up 32.0% YoY), and the FY2025 annual result was 3.39%, up 15.0% from the prior year.
- Tax Rate came in at 54.94% for Q1 2026 at Empire State Realty Trust, down from 3.17% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 12.59% in Q3 2022 to a low of 54.94% in Q1 2026.
- The 5-year median for Tax Rate is 4.03% (2025), against an average of 0.06%.
- Across the five-year window, Tax Rate surged 6635 bps in 2022 and plunged 5086 bps in 2026, its largest moves.
- Empire State Realty Trust's Tax Rate stood at 5.76% in 2022, then surged by 76 bps to 10.17% in 2023, then sank by 43 bps to 5.77% in 2024, then tumbled by 45 bps to 3.17% in 2025, then plunged by 1832 bps to 54.94% in 2026.
- The last three Tax Rate figures came in at 54.94% (Q1 2026), 3.17% (Q4 2025), and 10.76% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.26 Bn | 28.78 Bn | 1.01 Bn | 0.45% |
| 2 | Broadstone Net Lease | 3.95 Bn | 4.05 Bn | - | - |
| 3 | American Assets Trust | 1.46 Bn | 1.40 Bn | - | - |
| 4 | Safehold | 1.13 Bn | 1.14 Bn | 109.54 Mn | 2.32% |
| 5 | Empire State Realty Trust | 916.51 Mn | 1.65 Bn | - | -54.94% |
| 6 | JBG SMITH Properties | 880.19 Mn | 1.38 Bn | - | -0.03% |
| 7 | CTO Realty Growth | 672.82 Mn | 672.82 Mn | 31.01 Mn | 0.96% |
| 8 | Gladstone Commercial | 608.72 Mn | 778.76 Mn | - | - |
| 9 | AH Realty Trust | 540.92 Mn | 723.25 Mn | - | - |
| 10 | One Liberty Properties | 510.56 Mn | 490.30 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -54.94% |
| Mar 31, 2026 | -54.94% |
| Dec 31, 2025 | 3.17% |
| Dec 31, 2025 | 3.17% |
| Sep 30, 2025 | 10.76% |
| Sep 30, 2025 | 10.76% |
| Jun 30, 2025 | 4.03% |
| Jun 30, 2025 | 4.03% |
| Mar 31, 2025 | -4.08% |
| Mar 31, 2025 | -4.08% |
| Dec 31, 2024 | 5.77% |
| Dec 31, 2024 | 5.77% |
| Sep 30, 2024 | 5.95% |
| Sep 30, 2024 | 5.95% |
| Jun 30, 2024 | 2.56% |
| Jun 30, 2024 | 2.56% |
| Mar 31, 2024 | -6.85% |
| Mar 31, 2024 | -6.85% |
| Dec 31, 2023 | 10.17% |
| Dec 31, 2023 | 10.17% |