Empire State Realty OP (OGCP) Operating Leases (2013 - 2026)
Empire State Realty OP (OGCP) reported Operating Leases of $37.9 million for Q1 2026, up 35.05% year-over-year from $28.1 million in Q1 2025, and up 36.01% quarter-over-quarter from $27.9 million in Q4 2025.
Empire State Realty OP (OGCP) Operating Leases (2013 - 2026) Analysis & Trends
Empire State Realty OP (OGCP) has 14 years of Operating Leases data on file, last reported at $37.9 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $37.9 million, up 35.05% year-over-year; the trailing twelve-month figure through Mar 2026 was $37.9 million (up 35.05% YoY), and the FY2025 annual result was $27.9 million, up 43.1% from the prior year.
- Operating Leases improved to $37.9 million in Q1 2026 per OGCP's latest filing, from $27.9 million in the prior quarter.
- Over five years, Operating Leases peaked at $37.9 million in Q1 2026 and troughed at $15.3 million in Q2 2023.
- A 5-year average of $27.0 million and a median of $28.3 million in 2024 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2023 and 2024: Operating Leases tumbled 46.91% in 2023, then surged 85.33% in 2024.
- A 5-year view of Operating Leases shows it stood at $17.8 million in 2022, then jumped by 59.33% to $28.4 million in 2023, then tumbled by 31.44% to $19.5 million in 2024, then jumped by 43.1% to $27.9 million in 2025, then surged by 36.01% to $37.9 million in 2026.
- Business Quant data shows OGCP's Operating Leases at $37.9 million in Q1 2026, $27.9 million in Q4 2025, and $28.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.03 Bn | 9.03 Bn | - |
| 2 | Cousins Properties | 4.85 Bn | 4.87 Bn | 180.52 Mn |
| 3 | Kilroy Realty | 4.57 Bn | 4.57 Bn | -59.85 Mn |
| 4 | Sl Green Realty | 3.90 Bn | 4.01 Bn | 252.80 Mn |
| 5 | Copt Defense Properties | 3.85 Bn | 3.90 Bn | 195.09 Mn |
| 6 | Highwoods Properties | 3.25 Bn | 3.27 Bn | - |
| 7 | Douglas Emmett | 2.11 Bn | 3.29 Bn | 176.48 Mn |
| 8 | Empire State Realty OP | 1.49 Bn | 1.49 Bn | - |
| 9 | Piedmont Realty Trust | 1.15 Bn | 1.15 Bn | 85.99 Mn |
| 10 | Empire State Realty OP | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.95 Mn |
| Dec 31, 2025 | 27.90 Mn |
| Sep 30, 2025 | 28.01 Mn |
| Jun 30, 2025 | 28.07 Mn |
| Mar 31, 2025 | 28.10 Mn |
| Dec 31, 2024 | 19.50 Mn |
| Sep 30, 2024 | 28.30 Mn |
| Jun 30, 2024 | 28.32 Mn |
| Mar 31, 2024 | 28.40 Mn |
| Dec 31, 2023 | 28.44 Mn |
| Sep 30, 2023 | 28.50 Mn |
| Jun 30, 2023 | 15.28 Mn |
| Mar 31, 2023 | 28.60 Mn |
| Dec 31, 2022 | 17.85 Mn |
| Sep 30, 2022 | 28.73 Mn |
| Jun 30, 2022 | 28.78 Mn |
| Mar 31, 2022 | 28.80 Mn |
| Dec 31, 2021 | 28.89 Mn |
| Sep 30, 2021 | 23.51 Mn |
| Jun 30, 2021 | 28.53 Mn |