XNYSESRT
Market cap1.71bUSD
Dec 31, Last price
10.32USD
1D
2.18%
1Q
-5.06%
Jan 2017
-48.89%
IPO
-21.82%
Name
Empire State Realty Trust Inc
Chart & Performance
Profile
Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the World's Most Famous Building. Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of September 30, 2020, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio. Long the leader in energy efficiency retrofits and Indoor Environmental Quality, Empire State Realty Trust is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 739,572 1.72% | 727,041 16.50% | |||||||
Cost of revenue | 402,955 | 383,119 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 336,617 | 343,922 | |||||||
NOPBT Margin | 45.52% | 47.30% | |||||||
Operating Taxes | 2,715 | 1,546 | |||||||
Tax Rate | 0.81% | 0.45% | |||||||
NOPAT | 333,902 | 342,376 | |||||||
Net income | 53,245 -15.77% | 63,212 -584.87% | |||||||
Dividends | (26,885) | (27,310) | |||||||
Dividend yield | 1.04% | 1.50% | |||||||
Proceeds from repurchase of equity | (13,105) | (90,176) | |||||||
BB yield | 0.51% | 4.96% | |||||||
Debt | |||||||||
Debt current | 88,054 | 8,632 | |||||||
Long-term debt | 2,209,370 | 2,303,477 | |||||||
Deferred revenue | 2,480,503 | ||||||||
Other long-term liabilities | 237,059 | (2,466,240) | |||||||
Net debt | 1,950,804 | 2,029,739 | |||||||
Cash flow | |||||||||
Cash from operating activities | 232,491 | 211,173 | |||||||
CAPEX | (126,268) | ||||||||
Cash from investing activities | (77,340) | (230,891) | |||||||
Cash from financing activities | (62,873) | (140,242) | |||||||
FCF | 698,201 | 222,125 | |||||||
Balance | |||||||||
Cash | 346,620 | 264,434 | |||||||
Long term investments | 17,936 | ||||||||
Excess cash | 309,641 | 246,018 | |||||||
Stockholders' equity | 670,076 | 657,847 | |||||||
Invested Capital | 3,137,259 | 3,734,775 | |||||||
ROIC | 9.72% | 9.25% | |||||||
ROCE | 9.77% | 8.58% | |||||||
EV | |||||||||
Common stock shares outstanding | 265,633 | 269,948 | |||||||
Price | 9.69 43.77% | 6.74 -24.27% | |||||||
Market cap | 2,573,984 41.47% | 1,819,450 -25.66% | |||||||
EV | 5,270,315 | 4,607,845 | |||||||
EBITDA | 526,528 | 560,816 | |||||||
EV/EBITDA | 10.01 | 8.22 | |||||||
Interest | 101,484 | 101,206 | |||||||
Interest/NOPBT | 30.15% | 29.43% |