Empire State Realty Trust, Inc.
ESRT · XNYSCIK 1541401fmd_1ZRW40T0MXXSM0QHMGQKH9VGHZFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2011 to Sep 30, 2026, 61 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 677 | 710 | 732 | 731 | 609 | 624 | 727 | 740 | 768 | 768 |
| Rental revenue | 461 | 484 | 493 | 586 | 563 | 560 | 591 | 597 | 615 | 626 |
| Real estate taxes | 96 | 102 | 110 | 116 | 122 | 120 | 123 | 127 | 129 | 133 |
| Depreciation and amortization | 155 | 161 | 169 | 182 | 191 | 202 | 217 | 190 | 185 | 195 |
| Selling, general and administrative | 49 | 50 | 53 | 61 | 62 | 56 | 62 | 64 | – | – |
| Gain on sale of real estate | – | – | – | – | 0 | 0 | 34 | 27 | 13 | 35 |
| Total operating expenses | 493 | 517 | 541 | 577 | 551 | 545 | 600 | 593 | 609 | 633 |
| Funds from operations (NAREIT definition, derived) | 262 | 279 | 286 | 266 | 168 | 189 | 246 | 248 | 252 | 233 |
| Operating income | 184 | 193 | 191 | 155 | 59 | 79 | 127 | 147 | 159 | 136 |
| Interest expense | 71 | 68 | 80 | 79 | 90 | 94 | 101 | 101 | 105 | 103 |
| Income before taxes | 113 | 125 | 122 | 87 | (30) | (15) | 65 | 87 | 83 | 76 |
| Income tax expense | 6 | 7 | 5 | 2 | (7) | (2) | 2 | 3 | 3 | 3 |
| Net income from continuing operations | 107 | 118 | 117 | 84 | (23) | (13) | 63 | 84 | 80 | 73 |
| Net income | 107 | 118 | 117 | 84 | (23) | (13) | 63 | 84 | 80 | 73 |
| Net income to common shareholders | 51 | 63 | 66 | 49 | (17) | (11) | 36 | 49 | 47 | 43 |