Empire State Realty Trust (ESRT) Tax Rate (2013 - 2026)

Empire State Realty Trust (ESRT) reported Tax Rate of 54.94% for Q1 2026, down 5086.0% on a YoY basis from 1.1% in Q1 2025, and down 1831.93% sequentially from 3.17% in Q4 2025.

Empire State Realty Trust (ESRT) Tax Rate (2013 - 2026) Analysis & Trends

Empire State Realty Trust (ESRT) has 14 years of Tax Rate data on file, last reported at 54.94% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 5086.0% year-over-year to 54.94%; the trailing twelve-month figure through Mar 2026 stood at 3.39% (up 32.0% YoY), and the FY2025 full-year result was 3.39%, up 15.0% from the prior year.
  • Tax Rate declined to 54.94% in Q1 2026, 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.
  • A 5-year average of 0.06% and a median of 4.03% in 2025 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate surged 6635 bps in 2022 and slumped 5086 bps in 2026, its largest moves.
  • Tracing ESRT's Tax Rate over 5 years: stood at 5.76% in 2022, then jumped by 76 bps to 10.17% in 2023, then slumped by 43 bps to 5.77% in 2024, then plunged by 45 bps to 3.17% in 2025, then sank by 1832 bps to 54.94% in 2026.
  • Business Quant data shows ESRT's Tax Rate at 54.94% in Q1 2026, 3.17% in Q4 2025, and 10.76% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn 0.45%
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn 7.66%
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - -
4 American Assets Trust 1.47 Bn 1.41 Bn - -
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn 2.32%
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - -54.94%
7 Cim 917.30 Mn 735.54 Mn - -
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - -0.03%
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 0.96%
10 Gladstone Commercial 618.64 Mn 788.68 Mn - -

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 5.77%
Sep 30, 2024 5.95%
Sep 30, 2024 5.95%