Empire State Realty Trust EV/EBIT ESRT

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2014.

Today, Oct 23, 2026: 22.9×
10-year median: 23.1×
Against its 10-year history: 45th; percentile: 0 is its lowest day, 100 its highest
10-year range: 17.6× to 77.4×
Peer median: 28.9×

Empire State Realty Trust's EV/EBIT is 22.9× as of Oct 23, 2026.

That is below its ten-year median of 23.1×, close to the middle of its last ten years.

Over that time it ranged from 17.6× in May 2018 to 77.4× in Jun 2021.

The median for 10 specialty REITs of a similar size is 28.9×.

EV/EBIT over time

median 23.1×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	22.9×	20.5×	24.1×
2025	21.2×	20.2×	24.1×
2024	24.0×	21.4×	25.1×
2023	24.1×	20.9×	28.0×
2022	25.7×	25.7×	51.5×
2021	48.7×	40.8×	77.4×
2020	41.3×	20.8×	42.7×
2019	21.2×	17.7×	22.1×
2018	17.8×	17.6×	21.9×
2017	22.5×	22.2×	25.8×
2016	24.3×	22.8×	26.4×
2015	25.4×	24.0×	28.7×
2014	28.3×	26.9×	28.3×

Against its peers

Companies in REIT - Specialty nearest Empire State Realty Trust's size, closest first, today.

Company	EV/EBIT
ESRTEmpire State Realty Trust	22.9×
ARIApollo Commercial Real Estate Finance	n/m
SAFESafehold	53.3×
CSRCenterspace	28.9×
CTOCTO Realty Growth	21.5×
BFSSaul Centers	12.3×
ADAMAdamas Trust	4.9×
DEAEasterly Government Properties	211×
MFAMFA Financial	129×
PSTLPostal Realty Trust	28.2×
CLDTChatham Lodging Trust	29.0×
Peer median	28.9×

Where Empire State Realty Trust ranks

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on Empire State Realty Trust

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.