Valuation: Empire State Realty OP, L.P.

Market Cap 1.17B 1.02B 964M 872M 1.63B 112B 1.65B 11.49B 4.43B 56.8B 4.38B 4.29B 182B P/E 2024
36.4x
P/E 2025 25.2x
Enterprise Value 3.43B 2.99B 2.83B 2.56B 4.8B 329B 4.84B 33.77B 13.03B 167B 12.88B 12.6B 536B EV / Sales 2024
6.39x
EV / Sales 2025 5.23x
Free-Float
20.23%
Yield 2024
1.38%
Yield 2025 2.22%
08-05 Empire State Realty Trust, Inc. Announces Cash Dividend on Class A Common Stock and Class B Common Stock and to Holders of Empire State Realty OP, L.P.?s Series ES, Series 250 and Series 60 Operating Partnership Units and Series PR Operating Partnership Units. for the Third Quarter of 2026, Payable on September 30, 2026 CI
07-30 Empire State Realty OP, L.P. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026 CI
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
05-08 Empire State Realty OP, L.P. Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
04-16 Empire State Realty OP LP enters agreement for $130 million 5.99% Series M senior notes due July 15, 2032 - SEC filing RE
04-16 Empire State Realty OP, L.P. Enters into USD 130 Million Private Placement of 5.99% Series M Senior Notes Due July 15, 2032 CI
03-02 Empire State Realty OP, L.P. Reports Earnings Results for the Full Year Ended December 31, 2025 CI
02-20 Empire State Realty Trust Inc. Declares Dividend on Class A and Class B Common Stocks and Empire State Realty OP, L.P.?s Series ES, Series 250, Series 60 and Series PR Operating Partnership Units for the First Quarter of 2026, Payable on March 31, 2026 CI
02-20 Empire State Realty OP, L.P. announces Quarterly dividend, payable on March 31, 2026 CI
12-05 Empire State Realty Trust Inc. Declares Dividend for the fourth quarter 2025, Payable on December 31, 2025 CI
11-18 Empire State Realty Op, L.P. and Empire State Realty Trust, Inc. Enters into an Amended and Restated Credit Agreement CI
11-06 Empire State Realty OP, L.P. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
16/10/25 Empire State Realty Trust, Inc. and Empire State Realty Op, L.P. Enter into A Note Purchase Agreement with the Purchasers CI
1 day-0.73%
1 week-5.35%
Current month-13.40%
1 month-13.40%
3 months-29.22%
6 months-19.72%
Current year-35.80%
1 week 4.07
Extreme 4.07
4.15
1 month 4.07
Extreme 4.07
5
Current year 4.07
Extreme 4.07
6.86
1 year 4.07
Extreme 4.07
8.18
3 years 4.07
Extreme 4.07
11.9
5 years 4.07
Extreme 4.07
11.9
10 years 0
Extreme 0
21.82
Manager TitleAgeSince
Chief Executive Officer 63 -
Director of Finance/CFO 40 -
President 45 01/02/2024
Director TitleAgeSince
Chairman 63 -
Director/Board Member 78 -
Director/Board Member 75 -
Change 5-day change 1-year change 3-year change Capi.($)
-0.73%-5.35% - - 1.17B
-2.66%-6.34%-5.10%+5.64% 55.38B
+0.75%-0.51%+49.38%+27.44% 17.06B
+0.32%-0.67%+4.44%+99.53% 15.66B
-0.44%-3.42%-3.00%+16.49% 14.19B
+0.22%-0.43%+10.59%+48.39% 12.22B
-1.33%-4.12%+11.22%+13.76% 9.9B
+0.43%-1.69%-18.25%-17.67% 9.1B
+1.11%+5.42%-37.45%-52.94% 9.22B
+1.21%-4.42%-2.79%+55.03% 8.86B
Average +0.19%-1.81%+1.00%+21.74% 16.84B
Weighted average by Cap. +0.31%-2.35%+1.92%+20.71%

Financials

2024 2025
Net sales 763M 665M 630M 570M 1.07B 73.22B 1.08B 7.51B 2.9B 37.14B 2.87B 2.8B 119B 768M 670M 634M 574M 1.07B 73.66B 1.08B 7.56B 2.92B 37.36B 2.88B 2.82B 120B
Net income 80.36M 70.07M 66.36M 60.05M 112M 7.71B 113M 791M 305M 3.91B 302M 295M 12.55B 72.98M 63.64M 60.27M 54.54M 102M 7B 103M 718M 277M 3.55B 274M 268M 11.4B
Net Debt 2.09B 1.82B 1.72B 1.56B 2.92B 200B 2.94B 20.53B 7.92B 101B 7.83B 7.66B 326B 2.26B 1.97B 1.87B 1.69B 3.17B 217B 3.19B 22.28B 8.6B 110B 8.5B 8.31B 354B
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
16/09/26 $4.070 -0.73% 735
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