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Empire State Realty OP LP ES

Company price
5.22 USD 0.03 ( 0.48%)
Last update at 2026-11-09T21:10:00Z
VOLUME
11503
Market Cap
1539.64M
P/E
22.36

Momentum Score

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

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
5.20
Low
5.22
High
52 Week Price Range
4.65
Low
8.61
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public information on Empire State Realty OP LP (NYSE Arca: ESBA.US) is limited; it appears linked to Empire State Realty Trust, a landlord of Manhattan office and retail assets. Long-term drivers may include Manhattan leasing recovery, asset repositioning and tourism-linked retail demand, which could support rental income and cash flow; this exposure may appeal to income-focused investors.

Key risks are prolonged weakness in office demand, concentration in a single market, sensitivity to interest rates and macroeconomic cycles, and execution risk in asset repositioning.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
5.20
Dividend Yield
2.53%
Revenue TTM
767.81M
Revenue Per Share
2.88
Gross Profit TTM
402.79M
Debt / Equity
2.30
ROE
4.05%
Net Debt
2272.93M
ROCE
4.07%
Diluted EPS TTM
0.25

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 75.54M 83.05M 87.12M 64.76M -14.77M
Minority interest 0.00M -0.00M -0.07M -22.57M 6.53M
Net income 47.60M 51.64M 84.34M 63.21M -13.04M
Selling general administrative 72.84M 70.23M 63.94M 61.77M 55.95M
Gross profit 13.73M 408.99M 400.56M 405.69M 344.61M
Reconciled depreciation 199.40M 190.47M 195.33M 216.89M 201.81M
Ebit 179.32M 158.71M 188.61M 127.03M 79.13M
Ebitda 374.08M 343.53M 383.93M 348.87M 289.37M
Depreciation and amortization 194.76M 184.82M 195.33M 221.84M 210.23M
Non operating income net other - - - - 0.49M
Operating income 135.65M 158.71M 146.71M 127.03M 79.13M
Other operating expenses 632.62M 604.44M 592.87M 600.01M 537.24M
Interest expense 103.78M 109.71M 101.48M 101.21M 94.39M
Tax provision 2.56M 2.69M 2.71M 1.55M -1.73M
Interest income 8.75M 21.30M 15.14M 4.95M 0.70M
Net interest income -95.03M -88.41M -86.35M -96.26M -93.69M
Non recurring - - - - -7.72M
Income tax expense 2.56M 2.69M 2.71M 1.55M -1.73M
Total revenue 768.27M 763.15M 739.57M 727.04M 624.09M
Total operating expenses -121.92M 250.28M 253.85M 278.66M 257.75M
Cost of revenue 754.54M 354.16M 339.02M 321.35M 279.49M
Total other income expense net -60.11M -75.66M -59.58M -62.27M -93.90M
Net income from continuing ops 72.98M 80.36M 84.41M 63.21M -13.04M
Net income applicable to common shares - - - 59.25M -17.22M
Preferred stock and other adjustments - - - - 4.20M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 4468.96M 4510.29M 4219.33M 4163.59M 4282.45M
Intangible assets 305.58M 313.41M 321.24M 329.07M 336.90M
Other current assets -255.27M 43.84M 60.34M 98.11M 76.55M
Total liab 2646.77M 2728.32M 2488.29M 2480.50M 2598.11M
Total stockholder equity 1060.00M 1030.70M 1731.05M 1683.09M 1684.33M
Deferred long term liab - - - 187.57M 84.36M
Other current liab -119.95M 547.55M -130.71M 53.74M 25.31M
Common stock 1.71M 1.67M 1.63M 1637.68M 1641.14M
Retained earnings -39.65M -58.89M -83.11M 40.64M -
Other liab - - - 93.94M 109.30M
Good will 491.48M 491.48M 491.48M 491.48M 491.48M
Other assets - 11.80M -0.00M 189.82M 4802.82M
Cash 166.51M 385.46M 346.62M 264.43M 423.69M
Total current liabilities 59.90M 766.49M 70.30M 162.76M 205.17M
Current deferred revenue 59.90M 62.64M 70.30M 76.09M 84.36M
Net debt 2272.93M 2098.37M 1894.01M 2010.37M 1915.56M
Short term debt 55.46M 101.52M 86.54M 1886.03M -25.31M
Short long term debt 481.79M 388.73M 389.29M - -
Short long term debt total 2439.44M 2483.83M 2268.99M 2274.81M 2339.26M
Other stockholder equity 1091.44M 1077.98M 1684.07M 1683.09M 1684.33M
Property plant equipment - - - 2442.85M 2427.98M
Total current assets 188.57M 878.90M 702.42M 712.62M 569.83M
Net tangible assets - - - 817.13M 1192.85M
Short term investments - 11.80M 11.80M - -
Net receivables 277.33M 449.60M 295.46M 264.29M 18.65M
Long term debt 1889.94M 2066.90M 2240.55M 2246.14M 2310.36M
Inventory - - -11.80M 85.78M 50.94M
Accounts payable 64.49M 54.78M 44.17M 32.93M 120.81M
Accumulated other comprehensive income 6.50M 9.93M -29.94M - -
Non currrent assets other 616.31M 2798.30M 2663.95M 2601.75M 2855.34M
Non current assets total 4280.39M 3631.39M 3516.91M 3450.97M 3712.61M
Capital lease obligations 67.71M 47.69M 28.44M 28.67M 28.89M
Long term debt total - - - - 2310.36M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -397.12M -77.34M -230.89M -212.74M
Change to liabilities - - - 1.04M 12.23M
Total cashflows from investing activities -550.01M -397.12M -77.34M -230.89M -212.74M
Net borrowings 94.74M 213.14M -8.63M -7.50M -13.58M
Total cash from financing activities 38.17M 158.58M -62.87M -140.24M -93.05M
Change to operating activities - - - -40.00M -11.33M
Net income 47.60M 80.36M 53.24M 63.21M -13.04M
Change in cash -262.79M 22.35M 92.28M -159.96M -93.30M
Begin period cash flow 429.30M 406.96M 314.68M 474.64M 567.94M
End period cash flow 166.51M 429.30M 406.96M 314.68M 474.64M
Total cash from operating activities 249.05M 260.89M 232.49M 211.17M 212.49M
Depreciation 194.76M 184.82M 189.91M 219.97M 203.74M
Other cashflows from investing activities -550.01M -397.12M -77.34M - -
Dividends paid 27.93M 27.42M 41.32M -38.59M -28.56M
Change to account receivables 9.27M 6.88M -15.64M -5.31M 2.89M
Sale purchase of stock -8.12M -13.11M -13.11M -90.18M -46.70M
Other cashflows from financing activities -16.17M -27.14M 0.19M -3.98M -13.69M
Change to netincome - - - -27.98M 7.12M
Capital expenditures 198.50M 172.91M 0.01M 0.00M 212.74M
Change receivables - - - - 2.89M
Cash flows other operating - - - - -11.33M
Cash and cash equivalents changes - - - - -93.30M
Change in working capital -4.28M -16.23M -30.03M -44.27M 3.80M
Stock based compensation 25.17M 21.70M 20.03M 21.01M 20.26M
Other non cash items -14.20M -9.75M -0.66M -48.75M -10.22M
Free cash flow 50.55M 260.89M 232.48M 211.17M 212.49M

Peer Comparison*

Sector: Real Estate Industry: REIT - Office

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
ESBA
Empire State Realty OP LP ES
0.03
0.48%
5.22 22.36 - 2.01 0.83 4.98 10.10
BXP
BXP, Inc.
1.18
1.82%
66.19 33.62 28.25 3.28 1.80 7.23 12.91
VNO-PM
Vornado Realty Trust
-0.03
0.16%
16.56 26.09 - 5.25 - - -
MRPRF
MERLIN Properties SOCIMI S.A
-
-%
13.00 8.76 22.52 15.33 0.86 18.99 10.44
ARE
Alexandria Real Estate Equities Inc
-
-%
45.88 - 16.69 3.21 0.57 7.84 31.46

Profile*

Empire State Realty OP LP ES

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

111 West 33rd Street, New York, NY, United States, 10120

212 687 8700

642

Name Title Year Born
Mr. Anthony E. Malkin Chairman, CEO & Pres of Empire State Realty Trust Inc 1962
Ms. Christina Chiu Exec. VP & CFO of Empire State Realty Trust Inc 1981
Mr. Aaron D. Ratner Chief Investment Officer of Empire State Realty Trust, Inc. 1988
Mr. Stephen Horn Sr. VP & Chief Accounting Officer of Empire State Realty Trust 1987
Mr. Sandy Jacolow Sr. VP & CTO NA
Mr. Christopher Blackman Chief Information Officer of Empire State Realty Trust, Inc. NA
Ms. Katy Malonoski VP & Head of Investor Relations NA
Mr. Thomas N. Keltner Jr. Exec. VP & Gen. Counsel of Empire State Realty Trust 1946
Ms. Abigail Rickards Sr. VP of Marketing, PR & Digital NA
Mr. Kevin Vilke Sr. VP & Chief People Officer of Empire State Realty Trust, Inc. NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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