For the year ending 2025-12-31, ESBA made $768,270K in revenue. $68,779K in net income. Net profit margin of 8.95%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenues | 768,270 | 767,923 | ||
| Property operating expenses | 184,714 | 179,175 | ||
| Ground rent expenses | 9,326 | 9,326 | ||
| General and administrative expenses | 72,842 | 70,234 | ||
| Observatory expenses | 38,237 | 36,834 | ||
| Real estate taxes | 132,740 | 128,826 | ||
| Depreciation and amortization | 194,762 | 184,818 | ||
| Total operating expenses | 632,621 | 609,213 | ||
| Total operating income | 135,649 | 158,710 | ||
| Interest income | 8,748 | 21,298 | ||
| Interest expense | 103,133 | 105,239 | ||
| Interest expense associated with property in receivership | 647 | 4,471 | ||
| Loss on early extinguishment of debt | -97 | -553 | ||
| Gain on disposition of properties | 35,018 | 13,302 | ||
| Income before income taxes | 75,538 | 83,047 | ||
| Income tax expense | 2,558 | 2,688 | ||
| Net income | 72,980 | 80,359 | ||
| Private perpetual preferred unit distributions | 4,201 | 4,201 | ||
| Net income attributable to non-controlling interest in other partnerships | 0 | 4 | ||
| Net income attributable to common unitholders | 68,779 | 76,154 | ||
| Basic EPS | 0.26 | 0.29 | ||
| Diluted EPS | 0.25 | 0.28 | ||
| Basic Average Shares | 266,939,000 | 264,706,000 | ||
| Diluted Average Shares | 270,040,000 | 269,019,000 | ||
Empire State Realty OP, L.P. (ESBA)
Empire State Realty OP, L.P. (ESBA)