Empire State Realty Trust ESRT Peer Comparison

NYSE ESRT
$4.24 +0.01 (+0.12%)
As of: Sep 10, 2026 · 11:32 AM EDT
Peer Comparison

112 Comparable Companies

Industry Office REITs

Empire State Realty Trust, Inc. (ESRT) is the 67th largest of 112 Office REITs companies by market capitalisation, at 726.06 Mn, behind CTO Realty Growth, Inc. at 729.34 Mn. It trades on a P/E of 236.27, 981% above the peer median of 21.86. The table below compares all 112 on 8 financial metrics.

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# Ticker Company match industry_code industry_group industry_group_code Market Capitalization P/E P/S Enterprise Value
1 BPYPM Brookfield Property Partners L.P. primary R-02 Property REITs RG-01 15.58 Bn -61.08 2.17 14.09 Bn
2 ARE Alexandria Real Estate Equities, Inc. primary R-02 Property REITs RG-01 8.61 Bn -8.34 3.03 7.50 Bn
3 CUZ Cousins Properties Inc primary R-02 Property REITs RG-01 4.59 Bn -9.37 4.44 4.59 Bn
4 KRC Kilroy Realty Corp primary R-02 Property REITs RG-01 4.07 Bn 15.85 3.66 4.07 Bn
5 CDP Copt Defense Properties primary R-02 Property REITs RG-01 3.97 Bn 24.19 5.07 3.97 Bn
6 SLG Sl Green Realty Corp primary R-02 Property REITs RG-01 3.66 Bn -19.23 3.53 3.66 Bn
7 HIW Highwoods Properties, Inc. primary R-02 Property REITs RG-01 3.35 Bn 21.86 4.08 3.01 Bn
8 DEI Douglas Emmett Inc primary R-02 Property REITs RG-01 1.79 Bn -4.64 1.78 1.44 Bn
9 ALX Alexanders Inc primary R-02 Property REITs RG-01 1.33 Bn — 6.19 1.03 Bn
10 AAT American Assets Trust, Inc. primary R-02 Property REITs RG-01 1.31 Bn 71.36 2.99 1.31 Bn
11 PDM Piedmont Realty Trust, Inc. primary R-02 Property REITs RG-01 1.19 Bn -4.26 2.09 1.19 Bn
12 FISK Empire State Realty OP, L.P. primary R-02 Property REITs RG-01 1.16 Bn 228.69 1.47 1.16 Bn
13 DEA Easterly Government Properties, Inc. primary R-02 Property REITs RG-01 1.11 Bn -14.94 3.11 1.11 Bn
14 HPP Hudson Pacific Properties, Inc. primary R-02 Property REITs RG-01 0.75 Bn -1.37 0.93 0.75 Bn
15 ESRT Empire State Realty Trust, Inc. primary R-02 Property REITs RG-01 0.73 Bn 236.27 0.93 0.73 Bn
16 JBGS JBG SMITH Properties primary R-02 Property REITs RG-01 0.65 Bn -4.23 1.28 0.65 Bn
17 NLOP Net Lease Office Properties primary R-02 Property REITs RG-01 0.16 Bn -3.61 2.15 0.16 Bn
18 ONL Orion Properties Inc. primary R-02 Property REITs RG-01 0.15 Bn -1.58 1.03 0.13 Bn
19 FSP Franklin Street Properties Corp /Ma/ primary R-02 Property REITs RG-01 0.04 Bn — — 0.01 Bn
20 NYC American Strategic Investment Co. primary R-02 Property REITs RG-01 0.02 Bn 1.34 — 0.02 Bn
21 KBSR KBS Real Estate Investment Trust III, Inc. primary R-02 Property REITs RG-01 0.01 Bn — 0.04 0.01 Bn
22 CMCT Creative Media & Community Trust Corp primary R-02 Property REITs RG-01 0.00 Bn — — -0.02 Bn
23 LVS Las Vegas Sands Corp secondary D-23 Gaming and Leisure DG-08 28.01 Bn 14.34 2.04 24.63 Bn
24 VICI Vici Properties Inc. secondary R-09 Property REITs RG-01 27.06 Bn 9.72 6.60 26.62 Bn
25 FOX Fox Corp secondary C-05 Advertising and Media CG-02 24.98 Bn 14.83 1.46 20.78 Bn
26 VMRK Vivmark Residential secondary R-01 Property REITs RG-01 24.29 Bn 24.88 — 24.29 Bn
27 SPG-PJ Simon Property Group Inc. secondary R-03 Property REITs RG-01 18.19 Bn 3.93 2.86 18.19 Bn
28 INVH Invitation Homes Inc. secondary R-01 Property REITs RG-01 16.37 Bn 24.84 5.73 16.37 Bn
29 KIM Kimco Realty Corp secondary R-03 Property REITs RG-01 15.65 Bn 27.21 7.26 15.65 Bn
30 MAA Mid America Apartment Communities Inc. secondary R-01 Property REITs RG-01 14.56 Bn 37.99 6.57 14.44 Bn
31 SUI Sun Communities Inc secondary R-01 Property REITs RG-01 14.15 Bn -16.24 6.42 14.15 Bn
32 DOC Healthpeak Properties, Inc. secondary R-07 Property REITs RG-01 14.11 Bn 58.11 4.78 14.11 Bn
33 ELS Equity Lifestyle Properties Inc secondary R-01 Property REITs RG-01 11.69 Bn 29.10 7.48 11.69 Bn
34 AMH American Homes 4 Rent secondary R-01 Property REITs RG-01 11.38 Bn 24.47 — 11.38 Bn
35 UDR UDR, Inc. secondary R-01 Property REITs RG-01 11.31 Bn 21.87 6.59 11.31 Bn
36 CPT Camden Property Trust secondary R-01 Property REITs RG-01 10.55 Bn 31.34 803.93 10.55 Bn
37 MGM MGM Resorts International secondary D-23 Gaming and Leisure DG-08 10.39 Bn 15.43 0.59 7.85 Bn
38 FRT Federal Realty Investment Trust secondary R-03 Property REITs RG-01 9.89 Bn 23.27 7.57 9.89 Bn
39 AVB Avalonbay Communities Inc secondary R-01 Property REITs RG-01 9.67 Bn 9.28 3.14 9.87 Bn
40 MSGS Madison Square Garden Sports Corp. secondary D-27 Gaming and Leisure DG-08 9.53 Bn 1,227.93 8.26 9.36 Bn
41 ADC Agree Realty Corp secondary R-06 Property REITs RG-01 8.62 Bn 39.66 11.06 8.61 Bn
42 ASR Southeast Airport Group secondary I-24 Transportation IG-05 7.61 Bn 0.00 5.96 6.96 Bn
43 MAC Macerich Co secondary R-03 Property REITs RG-01 6.25 Bn -14.49 6.21 6.25 Bn
44 CZR Caesars Entertainment, Inc. secondary D-23 Gaming and Leisure DG-08 6.05 Bn -15.21 0.52 4.99 Bn
45 CHDN Churchill Downs Inc secondary D-23 Gaming and Leisure DG-08 5.77 Bn 13.88 1.93 5.58 Bn
46 RITM Rithm Capital Corp. secondary F-08 Lending and Credit FG-02 5.42 Bn 16.18 1.07 5.42 Bn
47 KRG Kite Realty Group Trust secondary R-03 Property REITs RG-01 5.24 Bn 12.01 6.40 5.24 Bn
48 SPHR Sphere Entertainment Co. secondary D-27 Gaming and Leisure DG-08 5.12 Bn -36.18 12.21 4.57 Bn
49 PECO Phillips Edison & Company, Inc. secondary R-03 Property REITs RG-01 4.87 Bn — 6.49 4.87 Bn
50 MTN Vail Resorts Inc secondary D-27 Gaming and Leisure DG-08 4.72 Bn 26.02 1.67 4.35 Bn
51 DHCNL Diversified Healthcare Trust secondary R-07 Property REITs RG-01 4.47 Bn -7.49 2.98 4.35 Bn
52 SKT Tanger Inc. secondary R-03 Property REITs RG-01 4.18 Bn 35.77 6.82 4.18 Bn
53 IRT Independence Realty Trust, Inc. secondary R-01 Property REITs RG-01 3.55 Bn — 5.32 3.55 Bn
54 BATRA Atlanta Braves Holdings, Inc. secondary D-27 Gaming and Leisure DG-08 3.55 Bn -59.50 4.73 3.37 Bn
55 MANU Manchester United plc secondary D-27 Gaming and Leisure DG-08 3.41 Bn -99.26 3.71 3.32 Bn
56 RRR Red Rock Resorts, Inc. secondary D-23 Gaming and Leisure DG-08 3.16 Bn 9.85 1.58 2.55 Bn
57 CURB Curbline Properties Corp. secondary R-03 Property REITs RG-01 3.11 Bn 106.01 13.89 3.11 Bn
58 AKR Acadia Realty Trust secondary R-03 Property REITs RG-01 2.66 Bn 50.83 6.60 2.66 Bn
59 UE Urban Edge Properties secondary R-03 Property REITs RG-01 2.62 Bn 24.27 5.49 2.56 Bn
60 IVT InvenTrust Properties Corp. secondary R-03 Property REITs RG-01 2.50 Bn -32.41 7.89 2.50 Bn
61 MLCO Melco Resorts & Entertainment LTD secondary D-23 Gaming and Leisure DG-08 2.00 Bn 11.06 0.43 1.42 Bn
62 GNL Global Net Lease, Inc. secondary R-06 Property REITs RG-01 1.92 Bn -33.45 4.17 1.76 Bn
63 CBL Cbl & Associates Properties Inc secondary R-03 Property REITs RG-01 1.67 Bn 7.83 2.84 1.67 Bn
64 IMKTA Ingles Markets Inc secondary S-13 Staples Retail SG-06 1.54 Bn 14.81 0.28 1.09 Bn
65 UMH Umh Properties, Inc. secondary R-01 Property REITs RG-01 1.33 Bn 96.66 4.89 1.30 Bn
66 IRS Irsa Investments & Representations Inc secondary R-03 Property REITs RG-01 1.18 Bn — — -518.27 Bn
67 WSR Whitestone REIT secondary R-03 Property REITs RG-01 0.98 Bn 19.13 5.94 0.98 Bn
68 CSR Centerspace secondary R-01 Property REITs RG-01 0.96 Bn 45.01 3.56 0.95 Bn
69 MCS Marcus Corp secondary C-11 Live Venues CG-04 0.83 Bn 36.81 1.06 0.81 Bn
70 CPPTL Copper Property CTL Pass Through Trust secondary R-03 Property REITs RG-01 0.79 Bn — — 0.79 Bn
71 BFS Saul Centers, Inc. secondary R-03 Property REITs RG-01 0.77 Bn 32.61 2.55 0.77 Bn
72 CRESY Cresud Inc secondary S-07 Agribusiness SG-03 0.76 Bn 0.02 0.00 0.76 Bn
73 LUCK Lucky Strike Entertainment Corp secondary D-27 Gaming and Leisure DG-08 0.74 Bn -15.96 0.60 0.70 Bn
74 CTO CTO Realty Growth, Inc. secondary R-03 Property REITs RG-01 0.73 Bn 16.19 4.53 0.73 Bn
75 NXRT NexPoint Residential Trust, Inc. secondary R-01 Property REITs RG-01 0.57 Bn -16.77 2.27 0.57 Bn
76 OLP One Liberty Properties Inc secondary R-04 Property REITs RG-01 0.50 Bn 18.67 — 0.50 Bn
77 AHRT AH Realty Trust, Inc. secondary R-03 Property REITs RG-01 0.48 Bn -10.01 2.24 0.48 Bn
78 TRC Tejon Ranch Co secondary R-18 Property Developers RG-05 0.44 Bn 4,619.16 7.72 0.42 Bn
79 AIV Apartment Investment & Management Co secondary R-01 Property REITs RG-01 0.34 Bn — — 0.27 Bn
80 INRE Inland Real Estate Income Trust, Inc. secondary R-03 Property REITs RG-01 0.34 Bn — 2.23 0.34 Bn
81 TCI Transcontinental Realty Investors Inc secondary R-01 Property REITs RG-01 0.33 Bn -65.35 6.67 0.33 Bn
82 SEG Seaport Entertainment Group Inc. secondary D-27 Gaming and Leisure DG-08 0.33 Bn -2.67 2.73 0.21 Bn
83 MSC STUDIO CITY INTERNATIONAL HOLDINGS Ltd secondary D-18 Travel and Lodging DG-07 0.32 Bn -7.90 0.47 0.22 Bn
84 MLP Maui Land & Pineapple Co Inc secondary R-18 Property Developers RG-05 0.31 Bn -53.44 19.42 0.31 Bn
85 REG Regency Centers Corp secondary R-03 Property REITs RG-01 0.29 Bn -2.32 0.18 0.29 Bn
86 PLAY Dave & Buster's Entertainment, Inc. secondary D-27 Gaming and Leisure DG-08 0.28 Bn -4.39 0.14 0.26 Bn
87 BRT BRT Apartments Corp. secondary R-01 Property REITs RG-01 0.25 Bn -19.86 2.59 0.25 Bn
88 CDR-PB Cedar Realty Trust, Inc. secondary R-03 Property REITs RG-01 0.23 Bn -244.44 8.02 0.22 Bn
89 RICK Rci Hospitality Holdings, Inc. secondary D-27 Gaming and Leisure DG-08 0.22 Bn -56.58 0.77 0.19 Bn
90 PUSA Aureus Greenway Holdings Inc secondary D-27 Gaming and Leisure DG-08 0.19 Bn -37.95 58.52 0.15 Bn
91 FREVS First Real Estate Investment Trust Of New Jersey, Inc. secondary R-03 Property REITs RG-01 0.16 Bn 10.66 5.50 0.16 Bn
92 SITC SITE Centers Corp. secondary R-03 Property REITs RG-01 0.15 Bn 1.54 2.08 0.15 Bn
93 ELME Elme Communities secondary R-01 Property REITs RG-01 0.15 Bn — 7.08 -1.19 Bn
94 RFL Rafael Holdings, Inc. secondary H-02 Pharmaceuticals and Biotechnology HG-01 0.12 Bn -4.65 126.77 0.12 Bn
95 BEEP Mobile Infrastructure Corp secondary R-10 Property REITs RG-01 0.11 Bn -4.64 3.23 0.10 Bn
96 SRG Seritage Growth Properties secondary R-03 Property REITs RG-01 0.11 Bn -1.82 8.31 0.11 Bn
97 VENU Venu Holding Corp secondary D-27 Gaming and Leisure DG-08 0.11 Bn -2.26 5.67 0.09 Bn
98 SUNS Sunrise Realty Trust, Inc. secondary R-01 Property REITs RG-01 0.10 Bn 8.16 4.34 0.10 Bn
99 AASP Agassi Sports Entertainment Corp. secondary T-40 Infrastructure Software TG-06 0.08 Bn -5.76 — 0.08 Bn
100 CLPR Clipper Realty Inc. secondary R-01 Property REITs RG-01 0.05 Bn -6.13 0.36 0.02 Bn
101 AEI Alset Inc. secondary R-18 Property Developers RG-05 0.04 Bn -0.97 10.11 0.02 Bn
102 BHM Bluerock Homes Trust, Inc. secondary R-01 Property REITs RG-01 0.03 Bn -2.52 0.45 -0.19 Bn
103 NOMA Nomadar Corp. secondary D-27 Gaming and Leisure DG-08 0.03 Bn -7.30 18.95 0.03 Bn
104 TDIC Dreamland Ltd secondary I-26 Business Services IG-06 0.03 Bn 0.00 12.55 0.02 Bn
105 VTIX Virtuix Holdings Inc. secondary D-15 Leisure Products DG-05 0.03 Bn -1.36 6.25 0.02 Bn
106 AIFA All In FutureTech Alliance, Inc. secondary D-27 Gaming and Leisure DG-08 0.02 Bn -0.62 2.94 0.02 Bn
107 AWX Avalon Holdings Corp secondary I-35 Waste Management IG-08 0.01 Bn 7.15 0.12 0.01 Bn
108 THH TryHard Holdings Ltd secondary D-27 Gaming and Leisure DG-08 0.01 Bn — — 0.01 Bn
109 SLMT Brera Holdings PLC secondary D-27 Gaming and Leisure DG-08 0.01 Bn -12.29 8.99 0.01 Bn
110 MKZR MacKenzie Realty Capital, Inc. secondary R-01 Property REITs RG-01 0.00 Bn — — 0.03 Bn
111 SQFT Presidio Property Trust, Inc. secondary R-06 Property REITs RG-01 0.00 Bn 0.16 0.11 0.00 Bn
112 WHLRP Wheeler Real Estate Investment Trust, Inc. secondary R-03 Property REITs RG-01 0.00 Bn 0.06 0.01 0.03 Bn