ESBA
Empire State Realty OP, L.P.
Price Chart
Latest Quote
$5.06
-0.24 (-4.44%)
Current Price
| Previous Close | $5.29 |
| Open | $4.99 |
| Day High | $5.06 |
| Day Low | $4.99 |
| Volume | 8,476 |
Stock Information
| Shares Outstanding | 16.29M |
| Total Debt | $2.35B |
| Cash Equivalents | $75.20M |
| Revenue | $776.71M |
| Net Income | $56.00M |
| Sector | Real Estate |
| Industry | REIT - Office |
| Market Cap | $1.42B |
| P/E Ratio | 24.10 |
| EPS (TTM) | $0.21 |
| Exchange | PCX |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $3.73B |
| Sales | $776.71M |
| Income | $56.00M |
| Book/sh | $6.34 |
| Cash/sh | $4.62 |
| Employees | 642 |
Financial Ratios
| Quick Ratio | 1.36 |
| Current Ratio | 1.50 |
| Debt/Eq | 128.67 |
| EPS Growth TTM | -81.00% |
Returns & Margins
| ROA | 2.04% |
| ROE | 3.34% |
| Gross Margin | 52.49% |
| Operating Margin | 15.59% |
| Profit Margin | 7.75% |
Ownership
| Institutional Ownership | 7.86% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 1.82 |
| P/B | 0.80 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $5.33 |
| SMA50 | $5.36 |
| SMA200 | $6.18 |
| RSI | 34.10 |
| ATR | 0.3133 |
| Shares Float | 22.91M |
| Short Ratio | 0.15 |
| Volatility | 1.41 |
| Rel Volume | 1.16 |
Performance History
| Week | -3.70% |
| Month | -7.88% |
| Quarter | +4.39% |
| 6 Months | -26.51% |
| YTD | -17.92% |
| Year | -39.36% |
| 3 Years | -24.08% |
| 5 Years | -56.51% |
| 10 Years | -67.97% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $5.06 | 8,500 |
| 2026-06-17 | $5.30 | 1,300 |
| 2026-06-16 | $5.27 | 0 |
| 2026-06-15 | $5.27 | 7,200 |
| 2026-06-12 | $5.18 | 300 |
| 2026-06-11 | $5.25 | 16,900 |
| 2026-06-10 | $5.38 | 6,400 |
| 2026-06-09 | $5.33 | 9,400 |
| 2026-06-08 | $5.23 | 3,200 |
| 2026-06-05 | $5.21 | 2,500 |
| 2026-06-04 | $5.12 | 6,400 |
| 2026-06-03 | $5.20 | 8,900 |
| 2026-06-02 | $5.53 | 4,000 |
| 2026-06-01 | $5.51 | 2,000 |
| 2026-05-29 | $5.47 | 5,400 |
| 2026-05-28 | $5.38 | 19,300 |
| 2026-05-27 | $5.58 | 21,100 |
| 2026-05-26 | $5.37 | 12,600 |
| 2026-05-22 | $5.41 | 10,100 |
| 2026-05-21 | $5.56 | 600 |
| 2026-05-20 | $5.49 | 1,400 |
| 2026-05-19 | $5.49 | 0 |
About Empire State Realty OP, L.P.
Empire State Realty OP, L.P. operates as a subsidiary of Empire State Realty Trust, Inc.
đ° Latest News
A Look At Empire State Realty OP (ESBA) Valuation After Prolonged Share Price And Earnings Pressure
Simply Wall St. âĸ 2026-03-05T14:10:46Z
Longleaf Partners Small-Cap Fund Trimmed Empire State Realty (ESRT) as the P/V Gap Had Closed
Insider Monkey âĸ 2026-02-25T13:07:56Z
Empire State Realty (ESRT) Earnings Transcript
Motley Fool âĸ 2025-10-30T17:16:06Z
Empire State Realty OP (ESBA): Taking a Fresh Look at Valuation After Recent Unexplained Stock Moves
Simply Wall St. âĸ 2025-09-09T12:01:21Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $360,382,000 | $348,507,000 | $333,600,000 | $318,282,000 |
| Cost Of Revenue | $365,017,000 | $354,161,000 | $339,016,000 | $321,354,000 |
| Total Revenue | $768,270,000 | $767,923,000 | $739,572,000 | $727,041,000 |
| Operating Revenue | $754,542,000 | $750,973,000 | $726,685,000 | $697,026,000 |
| Expenses | ||||
| Interest Expense | $103,780,000 | $109,710,000 | $101,484,000 | $101,206,000 |
| Total Expenses | $632,621,000 | $609,213,000 | $592,866,000 | $600,013,000 |
| Rent Expense Supplemental | $9,326,000 | $9,326,000 | $9,326,000 | $9,326,000 |
| Other Income Expense | $34,921,000 | $12,749,000 | $26,764,000 | $33,988,000 |
| Net Non Operating Interest Income Expense | $-95,032,000 | $-88,412,000 | $-86,348,000 | $-96,258,000 |
| Interest Expense Non Operating | $103,780,000 | $109,710,000 | $101,484,000 | $101,206,000 |
| Operating Expense | $267,604,000 | $255,052,000 | $253,850,000 | $278,659,000 |
| General And Administrative Expense | $72,842,000 | $70,234,000 | $63,939,000 | $61,765,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $72,980,000 | $80,355,000 | $84,339,000 | $63,455,000 |
| Net Interest Income | $-95,032,000 | $-88,412,000 | $-86,348,000 | $-96,258,000 |
| Interest Income | $8,748,000 | $21,298,000 | $15,136,000 | $4,948,000 |
| Normalized Income | $50,595,639 | $71,978,907 | $58,409,052 | $40,886,968 |
| Net Income From Continuing And Discontinued Operation | $72,980,000 | $80,355,000 | $84,339,000 | $63,455,000 |
| Total Operating Income As Reported | $135,649,000 | $158,710,000 | $146,706,000 | $127,028,000 |
| Net Income Common Stockholders | $68,779,000 | $76,154,000 | $80,138,000 | $59,254,000 |
| Net Income | $72,980,000 | $80,355,000 | $84,339,000 | $63,455,000 |
| Net Income Including Noncontrolling Interests | $145,960,000 | $160,718,000 | $168,814,000 | $126,424,000 |
| Net Income Continuous Operations | $72,980,000 | $80,359,000 | $84,407,000 | $63,212,000 |
| Pretax Income | $75,538,000 | $83,047,000 | $87,122,000 | $64,758,000 |
| Special Income Charges | $-97,000 | $-553,000 | $0 | $0 |
| Interest Income Non Operating | $8,748,000 | $21,298,000 | $15,136,000 | $4,948,000 |
| Operating Income | $135,649,000 | $158,710,000 | $146,706,000 | $127,028,000 |
| Depreciation Amortization Depletion Income Statement | $194,762,000 | $184,818,000 | $189,911,000 | $216,894,000 |
| Depreciation And Amortization In Income Statement | $194,762,000 | $184,818,000 | $189,911,000 | $216,894,000 |
| Gross Profit | $403,253,000 | $413,762,000 | $400,556,000 | $405,687,000 |
| Per Share | ||||
| Diluted EPS | $0.25 | $0.28 | $0.30 | $0.22 |
| Basic EPS | $0.26 | $0.29 | $0.30 | $0.22 |
| Other | ||||
| Tax Effect Of Unusual Items | $12,536,639 | $4,372,907 | $834,052 | $11,419,968 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $343,794,000 | $370,480,000 | $357,169,000 | $351,942,000 |
| Total Unusual Items | $34,921,000 | $12,749,000 | $26,764,000 | $33,988,000 |
| Total Unusual Items Excluding Goodwill | $34,921,000 | $12,749,000 | $26,764,000 | $33,988,000 |
| Reconciled Depreciation | $199,397,000 | $190,472,000 | $195,327,000 | $219,966,000 |
| EBITDA (Bullshit earnings) | $378,715,000 | $383,229,000 | $383,933,000 | $385,930,000 |
| EBIT | $179,318,000 | $192,757,000 | $188,606,000 | $165,964,000 |
| Diluted Average Shares | $270,040,000 | $269,019,000 | $265,633,000 | $269,948,000 |
| Basic Average Shares | $168,539,000 | $164,902,000 | $161,122,000 | $268,337,000 |
| Diluted NI Availto Com Stockholders | $68,779,000 | $76,154,000 | $80,138,000 | $59,254,000 |
| Preferred Stock Dividends | $4,201,000 | $4,201,000 | $4,201,000 | $4,201,000 |
| Minority Interests | $0 | $-4,000 | $-68,000 | $243,000 |
| Tax Provision | $2,558,000 | $2,688,000 | $2,715,000 | $1,546,000 |
| Other Special Charges | $97,000 | $553,000 | - | - |
| Gain On Sale Of Security | $35,018,000 | $13,302,000 | $26,764,000 | $33,988,000 |
| Selling General And Administration | $72,842,000 | $70,234,000 | $63,939,000 | $61,765,000 |
| Other Gand A | $72,842,000 | $70,234,000 | $63,939,000 | $61,765,000 |
| Write Off | - | - | $0 | $0 |
| Gain On Sale Of Ppe | - | - | - | $33,988,000 |
Fetched: 2026-06-19
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-797,058,000 | $-820,296,000 | $-812,720,000 | $-820,552,000 |
| Total Assets | $4,468,961,000 | $4,510,287,000 | $4,219,333,000 | $4,163,594,000 |
| Total Non Current Assets | $4,025,117,000 | $3,631,385,000 | $3,516,913,000 | $3,549,088,000 |
| Other Non Current Assets | $93,355,000 | $101,852,000 | $98,167,000 | $98,114,000 |
| Non Current Deferred Assets | $267,682,000 | $183,987,000 | $172,457,000 | $187,570,000 |
| Goodwill And Other Intangible Assets | $797,058,000 | $804,889,000 | $812,720,000 | $820,552,000 |
| Other Intangible Assets | $305,579,000 | $313,410,000 | $321,241,000 | $329,073,000 |
| Current Assets | $443,844,000 | $878,902,000 | $702,420,000 | $614,506,000 |
| Restricted Cash | $33,854,000 | $43,837,000 | $60,336,000 | $50,244,000 |
| Receivables | $277,333,000 | $449,600,000 | $295,464,000 | $264,290,000 |
| Accounts Receivable | $277,333,000 | $279,181,000 | $295,464,000 | $264,290,000 |
| Cash Cash Equivalents And Short Term Investments | $132,657,000 | $385,465,000 | $346,620,000 | $264,434,000 |
| Cash And Cash Equivalents | $132,657,000 | $385,465,000 | $346,620,000 | $264,434,000 |
| Other Receivables | - | $170,419,000 | - | - |
| Assets Held For Sale Current | - | - | $0 | $35,538,000 |
| Other Current Assets | - | - | - | $98,114,000 |
| Prepaid Assets | - | - | - | - |
| Debt | ||||
| Net Debt | $2,239,074,000 | $2,070,170,000 | $1,893,926,000 | $1,981,703,000 |
| Total Debt | $2,439,442,000 | $2,503,329,000 | $2,282,735,000 | $2,292,656,000 |
| Long Term Debt And Capital Lease Obligation | $1,957,648,000 | $2,114,598,000 | $1,893,449,000 | $1,903,883,000 |
| Long Term Debt | $1,889,937,000 | $2,066,904,000 | $1,851,260,000 | $1,857,364,000 |
| Current Debt And Capital Lease Obligation | $481,794,000 | $388,731,000 | $389,286,000 | $388,773,000 |
| Current Debt | $481,794,000 | $388,731,000 | $389,286,000 | $388,773,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $2,646,769,000 | $2,728,325,000 | $2,488,288,000 | $2,480,503,000 |
| Total Non Current Liabilities Net Minority Interest | $2,017,580,000 | $2,177,237,000 | $1,963,832,000 | $1,979,974,000 |
| Other Non Current Liabilities | $59,901,000 | $62,639,000 | $70,298,000 | $76,091,000 |
| Derivative Product Liabilities | $31,000 | $0 | $85,000 | $0 |
| Current Liabilities | $629,189,000 | $551,088,000 | $524,456,000 | $500,529,000 |
| Current Deferred Liabilities | $27,276,000 | $24,908,000 | $35,499,000 | $25,084,000 |
| Payables And Accrued Expenses | $120,119,000 | $137,449,000 | $99,671,000 | $80,729,000 |
| Interest Payable | $4,176,000 | $9,135,000 | $3,687,000 | $3,509,000 |
| Payables | $64,491,000 | $54,779,000 | $44,169,000 | $32,927,000 |
| Accounts Payable | $64,491,000 | $54,779,000 | $44,169,000 | $32,927,000 |
| Other Current Liabilities | - | - | - | $5,943,000 |
| Equity | ||||
| Common Stock Equity | $1,822,192,000 | $1,781,962,000 | $1,715,638,000 | $1,667,625,000 |
| Total Equity Gross Minority Interest | $1,822,192,000 | $1,781,962,000 | $1,731,045,000 | $1,683,091,000 |
| Stockholders Equity | $0 | $-15,407,000 | $0 | $0 |
| Other | ||||
| Ordinary Shares Number | $274,942,000 | $271,409,000 | $270,945,000 | $271,033,000 |
| Share Issued | $274,942,000 | $271,409,000 | $270,945,000 | $271,033,000 |
| Tangible Book Value | $1,025,134,000 | $977,073,000 | $902,918,000 | $847,073,000 |
| Invested Capital | $4,193,923,000 | $4,237,597,000 | $3,956,184,000 | $3,913,762,000 |
| Working Capital | $-185,345,000 | $327,814,000 | $177,964,000 | $113,977,000 |
| Capital Lease Obligations | $67,711,000 | $47,694,000 | $42,189,000 | $46,519,000 |
| Total Capitalization | $3,712,129,000 | $3,833,459,000 | $3,566,898,000 | $3,524,989,000 |
| Total Partnership Capital | $1,822,192,000 | $1,781,962,000 | $1,715,638,000 | $1,667,625,000 |
| General Partnership Capital | $1,060,002,000 | $1,030,696,000 | $985,518,000 | $954,375,000 |
| Limited Partnership Capital | $762,190,000 | $751,266,000 | $730,120,000 | $713,250,000 |
| Long Term Capital Lease Obligation | $67,711,000 | $47,694,000 | $42,189,000 | $46,519,000 |
| Current Deferred Revenue | $27,276,000 | $24,908,000 | $35,499,000 | $25,084,000 |
| Line Of Credit | $481,794,000 | $388,731,000 | $389,286,000 | $388,773,000 |
| Current Accrued Expenses | $55,628,000 | $82,670,000 | $55,502,000 | $47,802,000 |
| Investment Properties | $2,839,078,000 | $2,512,460,000 | $2,405,130,000 | $2,414,182,000 |
| Goodwill | $491,479,000 | $491,479,000 | $491,479,000 | $491,479,000 |
| Net PPE | $27,944,000 | $28,197,000 | $28,439,000 | $28,670,000 |
| Gross PPE | $27,944,000 | $28,197,000 | $28,439,000 | $28,670,000 |
| Other Properties | $27,944,000 | $28,197,000 | $28,439,000 | $28,670,000 |
| Minority Interest | - | $0 | $15,407,000 | $15,466,000 |
| Dueto Related Parties Current | - | - | - | $0 |
Fetched: 2026-06-19
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $249,052,000 | $260,892,000 | $232,491,000 | $211,173,000 |
| Operating Activities | ||||
| Operating Cash Flow | $249,052,000 | $260,892,000 | $232,491,000 | $211,173,000 |
| Cash Flow From Continuing Operating Activities | $249,052,000 | $260,892,000 | $232,491,000 | $211,173,000 |
| Operating Gains Losses | $-34,921,000 | $-12,749,000 | $-26,764,000 | $-33,988,000 |
| Investing Activities | ||||
| Investing Cash Flow | $-550,012,000 | $-397,122,000 | $-77,340,000 | $-230,891,000 |
| Cash Flow From Continuing Investing Activities | $-550,012,000 | $-397,122,000 | $-77,340,000 | $-230,891,000 |
| Net Other Investing Changes | - | $-12,876,000 | - | $-35,000 |
| Capital Expenditure | - | - | $-12,000 | $-35,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-8,122,000 | $0 | $-13,105,000 | $-90,176,000 |
| Financing Cash Flow | $38,169,000 | $158,576,000 | $-62,873,000 | $-140,242,000 |
| Cash Flow From Continuing Financing Activities | $38,169,000 | $158,576,000 | $-62,873,000 | $-140,242,000 |
| Net Other Financing Charges | $-9,462,000 | $-16,271,000 | $-4,014,000 | $-3,977,000 |
| Cash Dividends Paid | $-38,983,000 | $-38,289,000 | $-37,122,000 | $-38,585,000 |
| Net Common Stock Issuance | $-8,122,000 | $0 | $-13,105,000 | $-90,176,000 |
| Other | ||||
| Repayment Of Debt | $-520,264,000 | $-226,864,000 | $-8,632,000 | $-7,504,000 |
| Issuance Of Debt | $615,000,000 | $440,000,000 | $0 | $0 |
| Interest Paid Supplemental Data | $93,371,000 | $94,670,000 | $92,000,000 | $91,012,000 |
| Income Tax Paid Supplemental Data | $3,532,000 | $1,898,000 | $1,390,000 | $200,000 |
| End Cash Position | $166,511,000 | $429,302,000 | $406,956,000 | $314,678,000 |
| Beginning Cash Position | $429,302,000 | $406,956,000 | $314,678,000 | $474,638,000 |
| Changes In Cash | $-262,791,000 | $22,346,000 | $92,278,000 | $-159,960,000 |
| Common Stock Payments | $-8,122,000 | $0 | $-13,105,000 | $-90,176,000 |
| Net Issuance Payments Of Debt | $94,736,000 | $213,136,000 | $-8,632,000 | $-7,504,000 |
| Net Short Term Debt Issuance | $195,000,000 | $120,000,000 | $0 | $0 |
| Short Term Debt Issuance | $195,000,000 | $120,000,000 | $0 | $0 |
| Net Long Term Debt Issuance | $-100,264,000 | $93,136,000 | $-8,632,000 | $-7,504,000 |
| Long Term Debt Payments | $-520,264,000 | $-226,864,000 | $-8,632,000 | $-7,504,000 |
| Long Term Debt Issuance | $420,000,000 | $320,000,000 | $0 | $0 |
| Net Investment Properties Purchase And Sale | $-550,012,000 | $-370,020,000 | $-77,340,000 | $-230,891,000 |
| Sale Of Investment Properties | $60,517,000 | $0 | $88,910,000 | $11,005,000 |
| Purchase Of Investment Properties | $-610,529,000 | $-370,020,000 | $-166,250,000 | $-241,896,000 |
| Net Business Purchase And Sale | $0 | $-14,226,000 | $0 | $0 |
| Purchase Of Business | $0 | $-14,226,000 | $0 | $0 |
| Change In Working Capital | $-4,279,000 | $-16,234,000 | $-30,031,000 | $-44,265,000 |
| Change In Other Working Capital | $-25,686,000 | $-22,179,000 | $-20,434,000 | $-40,573,000 |
| Change In Payables And Accrued Expense | $9,396,000 | $13,592,000 | $746,000 | $4,705,000 |
| Change In Prepaid Assets | $2,739,000 | $-14,532,000 | $5,300,000 | $-3,091,000 |
| Change In Receivables | $9,272,000 | $6,885,000 | $-15,643,000 | $-5,306,000 |
| Other Non Cash Items | $-9,296,000 | $-2,652,000 | $-10,474,000 | $-14,763,000 |
| Stock Based Compensation | $25,171,000 | $21,696,000 | $20,026,000 | $21,011,000 |
| Depreciation Amortization Depletion | $199,397,000 | $190,472,000 | $195,327,000 | $219,966,000 |
| Depreciation And Amortization | $199,397,000 | $190,472,000 | $195,327,000 | $219,966,000 |
| Amortization Cash Flow | $4,635,000 | $5,654,000 | $5,416,000 | $3,072,000 |
| Amortization Of Intangibles | $4,635,000 | $5,654,000 | $5,416,000 | $3,072,000 |
| Depreciation | $194,762,000 | $184,818,000 | $189,911,000 | $216,894,000 |
| Gain Loss On Sale Of PPE | $-35,018,000 | $-13,302,000 | $-26,764,000 | $-33,988,000 |
| Net Income From Continuing Operations | $72,980,000 | $80,359,000 | $84,407,000 | $63,212,000 |
| Net Investment Purchase And Sale | - | - | $0 | $0 |
| Purchase Of Investment | - | - | $0 | $0 |
| Net Intangibles Purchase And Sale | - | - | $88,898,000 | $10,970,000 |
| Sale Of Intangibles | - | - | $88,910,000 | $11,005,000 |
| Purchase Of Intangibles | - | - | $-12,000 | $-35,000 |
| Asset Impairment Charge | - | - | $0 | $0 |
| Short Term Debt Payments | - | - | - | $0 |
| Sale Of Investment | - | - | - | - |
Fetched: 2026-06-19