Empire State Realty OP LP

Research Empire State Realty OP LP (ESBA) on Bullrun: market cap USD 811.96M, P/E 262.6, dividend yield 1.5%. Explore financials, valuation history, model signals, and stock context.

Key Metrics

TickerESBA
ExchangeNYSE ARCA
CountryUnited States
SectorReal Estate
IndustryREIT-Office
CurrencyUSD
Market capUSD 811.96M
P/E262.6
Dividend yield1.5%
Financial periodQ2 2026
RevenueUSD 196.90M
Net income-USD 39.55M
Free cash flowUSD 19.54M
Gross margin52.3%

Valuation Snapshot

latest market cap is USD 811.96M; P/E is 262.6; dividend yield is 1.5%.

Peer valuation comparison

Latest P/E is 262.57x versus a Real Estate sector median of 14.84x (1669.8% above).

Latest dividend yield is 1.48% versus a Real Estate sector median of 4.71% (68.5% below).

Five-year financial history

Year	Revenue	Net income	Free cash flow	Gross margin	Diluted EPS	Cash	Total debt	Equity
FY2025	USD 766.79M	USD 72.98M	USD 249.05M	52.6%	0.25	USD 132.66M	USD 2.44B	USD 0
FY2024	USD 766.75M	USD 80.36M	USD 195.59M	n/a	0.28	USD 385.47M	USD 2.50B	-USD 15.41M
FY2023	USD 738.22M	USD 84.41M	USD 63.34M	n/a	0.3	USD 346.62M	n/a	n/a
FY2022	USD 725.68M	USD 63.21M	USD 125.21M	n/a	0.22	USD 264.43M	n/a	n/a

Valuation history

Year	Snapshot date	Market cap	P/E	Dividend yield	Annual dividend/share
2026	2026-08-25	USD 811.96M	262.6	1.5%	0.07
2025	2025-12-31	USD 1.73B	25.2	1.3%	0.08
2024	2024-12-31	USD 2.76B	36.4	1.6%	0.16
2023	2023-12-29	USD 2.55B	29.4	1.7%	0.16
2022	2022-12-30	USD 1.76B	50.2	2.5%	0.16
2021	2021-12-31	USD 2.47B	n/a	1.4%	0.12

Dividend history

Latest trailing dividend snapshot: annual dividend/share 0.07 USD, yield 1.5%.

Year	Dividends/share
FY2025	0.07 USD
FY2024	0.14 USD
FY2023	0.14 USD
FY2022	0.04 USD

About Empire State Realty OP LP

Empire State Realty OP, L.P. operates as a subsidiary of Empire State Realty Trust, Inc.

Related stock research

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Other Real Estate stocks

Alexandria Real Estate Equities Inc (ARE) Brandywine Realty Trust (BDN) Boston Properties Inc (BXP) COPT Defense Properties (CDP) Creative Media & Community Trust (CMCT) Cousins Properties Inc (CUZ) Easterly Government Properties Inc (DEA) Douglas Emmett Inc (DEI) Empire State Realty OP LP (FISK) Franklin Street Properties Corp (FSP) Highwoods Properties Inc (HIW) Hudson Pacific Properties Inc (HPP)

Frequently asked questions

What is Empire State Realty OP LP's market cap?

Empire State Realty OP LP's market capitalization is USD 811.96M.

What is Empire State Realty OP LP's P/E ratio?

Empire State Realty OP LP's price-to-earnings (P/E) ratio is 262.6.

Does Empire State Realty OP LP pay a dividend?

Empire State Realty OP LP has a dividend yield of 1.5%.

What does Empire State Realty OP LP do?

Empire State Realty OP, L.P. operates as a subsidiary of Empire State Realty Trust, Inc.