For the quarter ending 2025-09-30, ESRT made $197,730,000 in revenue. $7,985,000 in net income. Net profit margin of 4.04%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenues | 197,730,000 | 191,250,000 | 180,066,000 | 189,390,500 |
| Property operating expenses | 46,957,000 | 44,880,000 | 45,060,000 | 44,793,750 |
| Ground rent expenses | 2,331,000 | 2,332,000 | 2,331,000 | 2,331,500 |
| General and administrative expenses | 18,743,000 | 18,685,000 | 16,940,000 | 17,558,500 |
| Observatory expenses | 9,510,000 | 9,822,000 | 8,118,000 | 9,208,500 |
| Real estate taxes | 33,241,000 | 32,607,000 | 33,050,000 | 32,206,500 |
| Depreciation and amortization | 47,615,000 | 47,802,000 | 48,779,000 | 46,204,500 |
| Total operating expenses | 158,397,000 | 156,128,000 | 154,278,000 | 152,389,000 |
| Total operating income | 39,333,000 | 35,122,000 | 25,788,000 | 37,001,500 |
| Interest income | 1,146,000 | 1,867,000 | 3,786,000 | 4,623,000 |
| Interest expense | 25,189,000 | 25,126,000 | 26,938,000 | 26,254,000 |
| Interest expense associated with property in receivership | 0 | 0 | 647,000 | 960,500 |
| Loss on early extinguishment of debt | 0 | 0 | - | -138,250 |
| Gain on disposition of property | 0 | 0 | 13,170,000 | 618,500 |
| Income before income taxes | 15,290,000 | 11,863,000 | 15,159,000 | 14,752,000 |
| Income tax expense | 1,645,000 | 478,000 | -619,000 | 248,000 |
| Net income | 13,645,000 | 11,385,000 | 15,778,000 | 14,504,000 |
| Non-controlling interest in the operating partnership | 4,610,000 | 3,815,000 | 5,508,000 | 5,037,500 |
| Non-controlling interests in other partnerships | 0 | 0 | - | 1,000 |
| Private perpetual preferred unit distributions | 1,050,000 | 1,051,000 | 1,050,000 | 1,050,000 |
| Net income attributable to common stockholders | 7,985,000 | 6,519,000 | 9,220,000 | 8,414,500 |
| Basic (in shares) | 169,250,000 | 168,368,000 | 167,181,000 | -82,127,500 |
| Basic (in usd per share) | 0.05 | 0.04 | 0.06 | 0.055 |
| Diluted (in shares) | 270,357,000 | 269,951,000 | 269,529,000 | -134,655,000 |
| Diluted (in usd per share) | 0.05 | 0.04 | 0.05 | 0.05 |
Empire State Realty Trust, Inc. (ESRT)
Empire State Realty Trust, Inc. (ESRT)