Empire State Realty Trust, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $766.8M | $766.8M | $738.2M | $725.7M | $624.1M |
| Selling, general & administrative | — | — | $63.9M | $61.8M | $55.9M |
| Operating expenses | $632.6M | $609.2M | $592.9M | $600.0M | $545.0M |
| Operating income | $135.6M | $158.7M | $146.7M | $127.0M | $79.1M |
| Interest expense | $103.1M | $105.2M | $101.5M | $101.2M | $94.4M |
| Pretax income | $75.5M | $83.0M | $87.1M | $64.8M | -$14.8M |
| Income tax expense | $2.6M | $2.7M | $2.7M | $1.5M | -$1.7M |
| Net income | $73.0M | $80.4M | $84.4M | $63.2M | -$13.0M |
| Balance Sheet | |||||
| Cash and equivalents | $132.7M | $385.5M | $346.6M | $264.4M | $423.7M |
| Total assets | $4.5B | $4.5B | $4.2B | $4.2B | $4.3B |
| Total liabilities | $2.6B | $2.7B | $2.5B | $2.5B | $2.6B |
| Total debt | $2.4B | $2.3B | $2.3B | $2.3B | $2.3B |
| Stockholders' equity | $1.1B | $1.0B | $985.5M | $954.4M | $998.1M |
| Cash Flow Statement | |||||
| Cash from operations | $249.1M | $260.9M | $232.5M | $211.2M | $212.5M |
| Depreciation and amortization | $194.8M | $184.8M | $189.9M | $216.9M | $201.8M |
| Stock-based compensation | $25.2M | $21.7M | $20.0M | $21.0M | $20.3M |
| Capital expenditure | — | — | $169.2M | $86.0M | $398.4M |
| Free cash flow | — | — | $63.3M | $125.2M | -$185.9M |
| Dividends paid | $23.7M | $23.2M | $22.7M | $23.1M | $18.1M |
| Share repurchases | $8.1M | $0 | $13.1M | $90.2M | $46.7M |
| Impairments | — | — | $0 | $0 | $7.7M |
Shares outstanding 172.4M · Free float 65.5%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.