Skip to content
Company Analysis

Empire State Realty Trust, Inc. ESRT

A comprehensive view of key metrics, scores, and financial health for Empire State Realty Trust, Inc.

Overview of Empire State Realty Trust, Inc.

ESRT NYQ
Real Estate REIT - Diversified Small Cap
Empire State Realty Trust, Inc. (ESRT), is a Small Cap company, in the REIT - Diversified industry, last closed at $5.18, about 40.5% overvalued vs fair value, -36.9% 1Y return, ranked 195/330 in sector.
$5.18
-1.71%
As of March 13, 2026
Previous close • Vol 90d: 31.2%
Market Cap
$1.54B
Enterprise Value
$3.88B
Overall Score
Scores locked

Create a free account to see overall and pillar scores for Empire State Realty Trust, Inc..

Top Beats
No strong beats yet

Quick Facts

Website https://www.esrtreit.com
HQ New York, NY
Fiscal year Dec 31

Next Events

No upcoming events available.

Fair Value Snapshot

Bear Base Bull
$3
$3
$3
Current: $5.18 -41% vs base

Engine Room Money Flow™

Small Cap

Real Estate Investment Trust - Where revenue goes and how value is created

Flow Steps
Total Revenue
$768.3M
0.7%%
Net Operating Income
$135.6M
-11.9%%
Net Income
$47.4M
-7.8%%
FFO (Funds From Operations)
$219.0M
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Real Estate Investment Trust

Quality & Reliability Indicators

FFO Payout Ratio
11.8%
Excellent

Dividends / FFO - basic dividend safety

Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium

Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$27.4M
11.2% of AFFO

Where It Leaks

Cash Flow Health some concerns
Moderate efficiency issues detected. Review active leaks below for improvement areas.
2
Active Leaks
1/2
Improving
0
High Impact
0
Critical
Locked Leak
Upgrade to view details
Premium
Moat Analysis REIT Specialized

Competitive Advantage Assessment

Evaluating Empire State Realty Trust, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
64
/100
Moderate
Scores based on quantitative metrics and qualitative factors

Upgrade to unlock interactive defense details

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Rent Pricing Power

Moderate
64
Premium
Unlock full defense details

See key signals plus strengths and risks for this moat dimension.

Upgrade for full defense analysis Premium-only evidence and insights.
For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Equity REITs vs Industry Peers 92% Coverage
Trade-Off Triangle Visualization A ternary plot showing ESRT's balance between Growth (25.6%), Profitability (35.5%), and Safety (38.9%). Growth 26% Safety 39% Profitability 36%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
Upgrade to unlock the full 3-year trend analysis and deltas.

Growth

35th percentile vs peers
35
Key Signals
Revenue CAGR 3Y 2.8% 40p Rev Growth YoY 0.7% 31p FFO Growth YoY -4.5% 40p FFO/Share 1.39 40p TSR -28.3% 42p
Strengths
  • Cash Flow To Debt Ratio in top 20% of peers (1.65, 80th percentile)
  • Conservative leverage compared to industry peers
Risks
  • Growth below peer median (percentile: 35)
  • Eps Growth Yoy in bottom 20% of peers (-4.5%)

Profitability

48th percentile vs peers
49
Key Signals
Strengths
Risks
Premium
Unlock full Profitability drilldowns

See the signal-level drivers and insights behind this axis. Upgrade to reveal the full Trade-Off Ledger.

Upgrade Now

Safety

53th percentile vs peers
53
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for Empire State Realty Trust, Inc..

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
X.X%
X%XX%
X.X%
-XX%XX%
XX.X%
-XX%XX%
Adjust the sliders above to explore different valuation scenarios.
Unlock Premium
Reveal the full Scenario Theatre
See live sliders, narratives, and full Bear/Base/Bull outcomes.
Upgrade Now
Bear
-
- - -
- upside
-
Base
$3.08
- - -
-40.5% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
Actions & Info