Empire State Realty Trust (ESRT) Tax Rate (2013 - 2026)
Empire State Realty Trust (ESRT) posted Tax Rate of 54.94% for Q1 2026, down 1831.93% sequentially from 3.17% in Q4 2025, and down 5086.0% YoY from 1.1% in Q1 2025.
Empire State Realty Trust (ESRT) Tax Rate (2013 - 2026) Analysis & Trends
Empire State Realty Trust has reported Tax Rate for 14 years, with the latest figure at 54.94% in Q1 2026.
- Quarterly Tax Rate fell 5086.0% year-over-year to 54.94% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.39% (up 32.0% YoY) and the FY2025 annual result came in at 3.39%, up 15.0% from the prior year.
- Tax Rate declined to 54.94% in Q1 2026 per ESRT's latest filing, from 3.17% in the prior quarter.
- Over five years, Tax Rate peaked at 12.59% in Q3 2022 and troughed at 54.94% in Q1 2026.
- A 5-year average of 0.06% and a median of 4.03% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2026: Tax Rate jumped 6635 bps in 2022, then plunged 5086 bps in 2026.
- Over 5 years, Tax Rate stood at 5.76% in 2022, then jumped 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.
- According to Business Quant data, Tax Rate over the past three periods registered 54.94%, 3.17%, and 10.76% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.04 Bn | 28.60 Bn | 1.05 Bn | -0.09% |
| 2 | W. P. Carey | 16.30 Bn | 16.30 Bn | 441.59 Mn | 6.59% |
| 3 | Broadstone Net Lease | 4.04 Bn | 4.03 Bn | - | - |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | 82.47% |
| 5 | American Assets Trust | 1.39 Bn | 1.39 Bn | - | - |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 4.34% |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | -706.39% |
| 8 | Empire State Realty Trust | 821.84 Mn | 821.84 Mn | - | 1.90% |
| 9 | CTO Realty Growth | 768.00 Mn | 768.00 Mn | 32.71 Mn | 6.91% |
| 10 | JBG SMITH Properties | 721.56 Mn | 721.56 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.90% |
| Jun 30, 2026 | 1.90% |
| Jun 30, 2026 | 1.90% |
| Mar 31, 2026 | -54.94% |
| Mar 31, 2026 | -54.94% |
| Mar 31, 2026 | -54.94% |
| Dec 31, 2025 | 3.17% |
| Dec 31, 2025 | 3.17% |
| Dec 31, 2025 | 3.17% |
| Sep 30, 2025 | 10.76% |
| Sep 30, 2025 | 10.76% |
| Sep 30, 2025 | 10.76% |
| Jun 30, 2025 | 4.03% |
| Jun 30, 2025 | 4.03% |
| Jun 30, 2025 | 4.03% |
| Mar 31, 2025 | -4.08% |
| Mar 31, 2025 | -4.08% |
| Mar 31, 2025 | -4.08% |
| Dec 31, 2024 | 5.77% |
| Dec 31, 2024 | 5.77% |