Valuation: Empire State Realty OP, L.P.

Market Cap 1.51B 1.33B 1.22B 1.13B 2.15B 144B 2.18B 14.64B 5.7B 70.93B 5.69B 5.56B 245B P/E 2024
36.4x
P/E 2025 25.2x
Enterprise Value 3.78B 3.31B 3.05B 2.82B 5.36B 359B 5.45B 36.53B 14.21B 177B 14.18B 13.87B 612B EV / Sales 2024
6.39x
EV / Sales 2025 5.23x
Free-Float
20.45%
Yield 2024
1.38%
Yield 2025 2.22%
05-15 Empire State Realty Trust, Inc. and Empire State Realty Op, L.P. Announces Dividend for Second Quarter of 2026, Payable on June 30, 2026 CI
05-07 Empire State Realty OP, L.P. Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
04-15 Empire State Realty OP LP enters agreement for $130 million 5.99% Series M senior notes due July 15, 2032 - SEC filing RE
04-15 Empire State Realty OP, L.P. Enters into USD 130 Million Private Placement of 5.99% Series M Senior Notes Due July 15, 2032 CI
03-02 Empire State Realty OP, L.P. Reports Earnings Results for the Full Year Ended December 31, 2025 CI
02-19 Empire State Realty OP, L.P. announces Quarterly dividend, payable on March 31, 2026 CI
12-05 Empire State Realty Trust Inc. Declares Dividend for the fourth quarter 2025, Payable on December 31, 2025 CI
11-17 Empire State Realty Op, L.P. and Empire State Realty Trust, Inc. Enters into an Amended and Restated Credit Agreement CI
11-05 Empire State Realty OP, L.P. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
25-10-16 Empire State Realty Trust, Inc. and Empire State Realty Op, L.P. Enter into A Note Purchase Agreement with the Purchasers CI
25-08-06 Empire State Realty OP, L.P. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
25-08-05 Empire State Realty OP, L.P. announces Quarterly dividend, payable on September 30, 2025 CI
25-05-16 Empire State Realty Trust, Inc. and Empire State Realty OP, L.P. Announces Dividend for Second Quarter 2025, Payable on June 30, 2025 CI
1 day-5.14%
1 week-3.60%
Current month-3.60%
1 month+1.90%
3 months+10.31%
6 months-13.71%
Current year-15.08%
1 week 5.28
Extreme 5.28
5.64
1 month 4.78
Extreme 4.78
6.42
Current year 4.65
Extreme 4.65
6.89
1 year 4.65
Extreme 4.65
8.3
3 years 4.65
Extreme 4.65
11.5
5 years 4.65
Extreme 4.65
12.19
10 years 4.65
Extreme 4.65
22.19
Manager TitleAgeSince
Chief Executive Officer 63 -
Director of Finance/CFO 40 -
President 45 2024-01-31
Director TitleAgeSince
Chairman 63 -
Director/Board Member 78 -
Director/Board Member 75 -
Date Insider Type Main position Quantity % Market Cap.
05-14Free

Director

23,856 0.0222%
05-14Free

Director

23,856 0.0222%
05-14Free

Director

23,856 0.0222%
Change 5-day change 1-year change 3-year change Capi.($)
-5.14%-3.60%-33.21%-32.70% 1.59B
+1.30%+3.31%+11.26%+7.45% 58.92B
+0.54%+0.63%+28.39%+108.24% 16.89B
+1.26%+0.66%+31.97%+24.15% 15.72B
+0.41%+1.69%+9.05%+29.57% 14.76B
+0.95%-1.64%+6.96%+60.70% 11.65B
-0.53%-1.43%+36.71%+92.24% 10.74B
+1.29%-1.08%+29.60%+27.22% 10.42B
-0.40%0.00%-8.46%-6.74% 9.66B
-0.92%-6.51%-34.16%-57.77% 8.69B
Average -0.16%-1.10%+7.81%+25.24% 15.9B
Weighted average by Cap. +0.66%+0.45%+13.40%+27.95%

Financials

2024 2025
Net sales 763M 668M 615M 570M 1.08B 72.43B 1.1B 7.38B 2.87B 35.75B 2.87B 2.8B 124B 768M 672M 619M 574M 1.09B 72.87B 1.11B 7.43B 2.89B 35.96B 2.88B 2.82B 124B
Net income 80.36M 70.32M 64.81M 60.07M 114M 7.63B 116M 777M 302M 3.76B 302M 295M 13.01B 72.98M 63.86M 58.86M 54.55M 104M 6.93B 105M 706M 274M 3.42B 274M 268M 11.82B
Net Debt 2.09B 1.82B 1.68B 1.56B 2.96B 198B 3.01B 20.17B 7.84B 97.67B 7.83B 7.66B 338B 2.26B 1.98B 1.83B 1.69B 3.21B 215B 3.26B 21.89B 8.51B 106B 8.5B 8.31B 366B
Logo Empire State Realty OP, L.P.
Empire State Realty OP, L.P. is a real estate investment trust. It owns and operates a portfolio of well-leased, top-of-tier, modernized, amenitized, and well-located office, retail and multifamily assets. Its real estate segment includes all activities related to the ownership, management, operation, acquisition, repositioning and disposition of its office, retail and multifamily assets located in New York City. Its Observatory segment operates the 86th and 102nd floor observatories at the Empire State Building. Its portfolio includes over 7.8 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 732 residential units. Its office portfolio includes 10 properties. Nine of these office properties are in midtown Manhattan and include over 7.6 million rentable square feet of office space and 0.5 million rentable square feet of retail space, including the Empire State Building. The remaining office property is in Stamford, Connecticut.
Employees
642
Date Price Change Volume
26-07-07 US$5.350 -5.14% 4,903
26-07-02 US$5.640 +8.25% 12,458
26-07-01 US$5.210 -6.13% 596
26-06-30 US$5.550 +4.52% 2,889
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