Valuation: Empire State Realty OP, L.P.

Market Cap 1.55B 1.36B 1.25B 1.15B 2.19B 148B 2.23B 14.94B 5.87B 72.82B 5.82B 5.69B 250B P/E 2024
36.4x
P/E 2025 25.2x
Enterprise Value 3.81B 3.34B 3.08B 2.84B 5.39B 364B 5.48B 36.76B 14.43B 179B 14.32B 14.01B 616B 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+2.43%
1 week-2.84%
Current month-1.26%
1 month+5.08%
3 months+7.24%
6 months-15.43%
Current year-13.02%
1 week 5.34
Extreme 5.34
5.48
1 month 4.92
Extreme 4.915
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

43,092 0.0400%
05-14Free

Director

23,856 0.0222%
Change 5-day change 1-year change 3-year change Capi.($)
+2.43%-2.84%-32.84%-28.73% 1.55B
+0.22%-0.83%+10.76%+4.97% 59.04B
-0.15%-0.20%+27.21%+92.46% 16.9B
-0.43%-1.45%+30.78%+15.65% 15.64B
+0.41%+2.08%+10.36%+23.74% 15.04B
+0.55%+2.02%+11.06%+51.12% 11.83B
-0.17%-1.05%+32.98%+82.97% 10.65B
+0.17%-0.62%+27.47%+21.29% 10.45B
0.00%+0.80%-8.03%-10.00% 9.75B
-1.30%-8.94%-39.81%-59.34% 8.34B
Average +0.17%-1.15%+6.99%+19.41% 15.92B
Weighted average by Cap. -0.02%-0.93%+12.81%+22.19%

Financials

2024 2025
Net sales 763M 668M 616M 569M 1.08B 72.78B 1.1B 7.36B 2.89B 35.86B 2.87B 2.8B 123B 768M 672M 619M 572M 1.09B 73.23B 1.1B 7.4B 2.91B 36.07B 2.88B 2.82B 124B
Net income 80.36M 70.29M 64.83M 59.88M 114M 7.66B 116M 775M 304M 3.78B 302M 295M 12.98B 72.98M 63.84M 58.88M 54.38M 103M 6.96B 105M 704M 276M 3.43B 274M 268M 11.79B
Net Debt 2.09B 1.82B 1.68B 1.55B 2.95B 199B 3B 20.1B 7.89B 97.97B 7.83B 7.66B 337B 2.26B 1.98B 1.83B 1.69B 3.2B 216B 3.25B 21.82B 8.57B 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
26-07-08 US$5.480 +2.43% 3,151
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