Empire State Realty OP profit margin ESBA
Gross, operating and net profit as a share of revenue over the last twelve months, from 2014.
- Net margin, 12 months
- 1.2%
- Net margin on a year earlier
- −7.8 pts
- Peer median
- 38.0%
Over the twelve months to Jun 30, 2026, Empire State Realty OP kept 1.2% of its revenue as net profit.
Five years earlier its net margin was −1.7%.
The median for 10 specialty REITs of a similar size is 38.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin |
|---|---|
| FY2025 | 9.5% |
| FY2024 | 10.5% |
| FY2023 | 11.4% |
| FY2022 | 8.7% |
| FY2021 | −2.1% |
| FY2020 | −3.8% |
| FY2019 | 11.5% |
| FY2018 | 16.0% |
| FY2017 | 16.7% |
| FY2016 | 15.7% |
| FY2015 | 12.0% |
| FY2014 | 11.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 1.2% | −7.8 pts | |
| Q1 FY26 | 7.7% | −3.5 pts | |
| Q4 FY25 | 9.5% | −1.0 pts | |
| Q3 FY25 | 7.8% | −2.4 pts | |
| Q2 FY25 | 8.9% | −0.9 pts | |
| Q1 FY25 | 11.2% | +0.2 pts | |
| Q4 FY24 | 10.5% | −0.9 pts | |
| Q3 FY24 | 10.1% | −2.2 pts | |
| Q2 FY24 | 9.9% | −1.3 pts | |
| Q1 FY24 | 11.0% | −1.7 pts | |
| Q4 FY23 | 11.4% | +2.7 pts | |
| Q3 FY23 | 12.4% | +7.1 pts |
Against its peers
Companies in REIT - Specialty nearest Empire State Realty OP's size, closest first, today.
| Company | Profit margin |
|---|---|
| ESBAEmpire State Realty OP | 1.2% |
| CHMICherry Hill Mortgage Investment | 49.7% |
| SUNSSunrise Realty Trust | 53.3% |
| SEVNSeven Hills Realty Trust | 38.0% |
| IORIncome Opportunity Realty Investors | n/m |
| MITTTPG Mortgage Investment Trust | n/m |
| STRWStrawberry Fields REIT | 5.3% |
| SELFGlobal Self Storage | 16.6% |
| REFIChicago Atlantic Real Estate Finance | n/m |
| LOANManhattan Bridge Capital | 58.6% |
| PINEAlpine Income Property Trust | 16.5% |
| Peer median | 38.0% |
Where Empire State Realty OP ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Empire State Realty OP
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.