Empire State Realty Trust, Inc.(ESRT)Stock Analysis
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Rank #2,064 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
ESRT Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Empire State Realty Trust, Inc. (ESRT), a Real Estate sector company. 13F Pro's AI-powered ranking engine scores ESRT at 37.2/100 on a 32-signal composite quality model, placing it at rank #2,064 of 2,879 stocks — the bottom half of the AI-ranked universe. Areas of concern include earnings quality (15.2) and free cash flow (20.3), which score below median versus the broader universe. Shareholder dilution risk is elevated at 32.0/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Empire State Realty Trust, Inc. reports quarterly revenue of $190.3M, net income of $3.0M, an operating margin of 15.5%. Top institutional holders of ESRT by reported 13-F value include BlackRock,, AMERIPRISE FINANCIAL, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. ESRT trades on the NYSE exchange and files with the SEC under CIK 1541401. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ESRT daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Empire State Realty Trust, Inc. directly from SEC EDGAR. Empire State Realty Trust, Inc.'s 13F Pro composite quality score has ranged between 36 and 41 since 2026, currently 37.2 — a declining long-term trajectory across 8 quarterly and live scoring snapshots.
Revenue
Q1 2026
$190.3M
Net Income
Q1 2026
$3.0M
Free Cash Flow
Q1 2026
$68.9M
Operating Margin
Q1 2026
15.5%
ROIC
Q1 2026
2.8%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+26.1% YoYOperating Income
+131.2% YoYEPS (Diluted)
+350.0% YoYTotal Assets
+7.7% YoYTotal Debt
Op. Cash Flow
+36.6% YoY| Metric | FY 2025 | FY 2020 | FY 2019 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|
| Revenue | $768.3M +26.1% | $609.2M -16.7% | $731.3M +8.0% | $677.4M +3.0% | $657.6M +3.5% | $635.3M |
| Operating Income | $135.6M +131.2% | $58.7M -62.1% | $154.7M -15.9% | $183.9M +21.5% | $151.4M +7.1% | $141.3M |
| EPS (Diluted) | $0.25 +350.0% | $-0.10 -135.7% | $0.28 -26.3% | $0.38 +31.0% | $0.29 +7.4% | $0.27 |
| Total Assets | $4.47B +7.7% | $4.15B +5.6% | $3.93B +1.1% | $3.89B +17.9% | $3.30B +0.5% | $3.28B |
| Total Debt | — | — | — | $759.0M +1.5% | $747.7M -17.3% | $904.0M |
| Operating Cash Flow | $249.1M +36.6% | $182.3M -21.6% | $232.6M +8.3% | $214.8M +5.7% | $203.2M +46.6% | $138.6M |
AI Insight: ESRT Financial Trends
Revenue flat around $190–200M but operating income compressed 25% year-over-year; equity drifting higher amid debt concerns.
• Operating income fell from $39M (Q2 2024) to $29M (Q1 2026), a 26% decline over four quarters despite stable revenue.
• Operating cash flow volatile, ranging $27M–$105M quarterly; Q1 2026 at $69M shows no sustained improvement trend.
• Equity grew 5.2% from $1,011M (Q2 2024) to $1,064M (Q1 2026), but absent debt data limits leverage assessment.
⚠ Operating margin contracted from 20.5% (Q2 2024) to 15.3% (Q1 2026)—persistent compression signals cost or occupancy pressure.
⚠ Revenue declined Q4 2025 to Q1 2026 ($199M → $190M); Q1 2025 dip to $180M suggests seasonal or structural weakness.
AI Insight: ESRT Ratio Trends
Operating margin and ROIC have compressed sharply into Q1 2026, erasing 2024's mid-teens strength and signaling structural headwinds.
• OpMargin fell from 22.7% in Q3 2024 to 15.5% in Q1 2026, a 720bp decline over five quarters.
• ROIC collapsed from peak 17.9% in Q3 2024 to 11.1% in Q1 2026, lowest level in dataset.
• TTM OpMargin of 17.9% masks deterioration: Q1 2026 at 15.5% sits well below 4-quarter average.
⚠ Q1 seasonality may explain some compression, but 720bp OpMargin decline since Q3 2024 suggests non-seasonal pressure.
⚠ Rebound from Q1 2025 trough (14.3%) was incomplete; current 15.5% suggests margin recovery stalled.
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Available Research
13F Pro tracks comprehensive data for Empire State Realty Trust, Inc. including:
Top Institutional Holders of ESRT
BlackRock, Inc.
$87.8M16,877,599 shAMERIPRISE FINANCIAL INC
$65.3M12,564,891 shVANGUARD PORTFOLIO MANAGEMENT LLC
$64.3M12,357,530 shLASALLE INVESTMENT MANAGEMENT SECURITIES LLC
$47.1M9,058,860 shSOUTHEASTERN ASSET MANAGEMENT INC/TN/
$33.7M6,473,317 shSTATE STREET CORP
$31.2M5,999,953 shVANGUARD CAPITAL MANAGEMENT LLC
$31.2M5,992,563 shSumitomo Mitsui Trust Holdings, Inc.
$25.5M4,905,653 shGEODE CAPITAL MANAGEMENT, LLC
$18.9M3,627,303 shCHARLES SCHWAB INVESTMENT MANAGEMENT INC
$17.0M3,273,473 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $87.8M | 16,877,599 |
| AMERIPRISE FINANCIAL INC | $65.3M | 12,564,891 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $64.3M | 12,357,530 |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC | $47.1M | 9,058,860 |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ | $33.7M | 6,473,317 |
| STATE STREET CORP | $31.2M | 5,999,953 |
| VANGUARD CAPITAL MANAGEMENT LLC | $31.2M | 5,992,563 |
| Sumitomo Mitsui Trust Holdings, Inc. | $25.5M | 4,905,653 |
| GEODE CAPITAL MANAGEMENT, LLC | $18.9M | 3,627,303 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $17.0M | 3,273,473 |
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Popular Research
Is ESRT a good stock to buy?
13F Pro's AI-powered analysis of Empire State Realty Trust, Inc. (ESRT) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Real Estate sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ESRT are available on the ESRT stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own ESRT?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ESRT. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Empire State Realty Trust, Inc.'s investment landscape.