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| Date | Value |
|---|---|
| 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% |