Empire State Realty OP, L.P. (ESBA) Earnings History
Annual and quarterly earnings data from 2009 to 2025
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ESBA EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
ESBA Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 1.8% | 17.7% | 6.2% |
| 2024 | 53.6% | 20.8% | 6.8% |
| 2023 | 54.2% | 19.8% | 7.2% |
| 2022 | 54.5% | 18.0% | 5.7% |
| 2021 | 54.0% | 13.0% | -1.1% |
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Empire State Realty OP, L.P. (ESBA) Earnings Overview
As of May 8, 2026, Empire State Realty OP, L.P. (ESBA) reported trailing twelve-month net income of $40M, reflecting -35.7% year-over-year growth. The company earned $0.15 per diluted share over the past four quarters, with a net profit margin of 6.2%.
Looking at the long-term picture, ESBA's historical earnings data spans multiple years. The company achieved its highest annual net income of $67M in fiscal 2018.
Empire State Realty OP, L.P. maintains positive profitability with a gross margin of 1.8%, operating margin of 17.7%, and net margin of 6.2%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including ESRT ($48M net income, 6.2% margin), SLG (-$88M net income, -8.8% margin), VNO ($795M net income, 50.0% margin), ESBA has room to improve margins relative to the peer group. Compare ESBA vs ESRT →
ESBA Earnings vs Peers
Earnings metrics vs comparable public companies
ESBA Historical Earnings Data (2009–2025)
17 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $48M | -7.8% | $136M | $0.18 | 6.2% | 17.7% |
| 2024 | $52M | -3.0% | $159M | $0.28 | 6.8% | 20.8% |
| 2023 | $53M | +31.0% | $147M | $0.30 | 7.2% | 19.8% |
| 2022 | $41M | +724.3% | $127M | $0.22 | 5.7% | 18.0% |
| 2021 | -$7M | +48.0% | $79M | $-0.05 | -1.1% | 13.0% |
| 2020 | -$13M | -124.4% | $59M | $-0.10 | -2.1% | 9.6% |
| 2019 | $51M | -23.1% | $155M | $0.28 | 7.0% | 21.2% |
| 2018 | $67M | +4.6% | $191M | $0.39 | 9.1% | 26.1% |
| 2017 | $64M | +21.4% | $196M | $0.21 | 8.9% | 27.5% |
| 2016 | $52M | +51.1% | $185M | $0.38 | 7.7% | 27.2% |
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Start ComparisonESBA — Frequently Asked Questions
Quick answers to the most common questions about buying ESBA stock.
Is ESBA growing earnings?
ESBA EPS fell to $0.15, with earnings declining -35.7%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $40M.
What are ESBA's profit margins?
Empire State Realty OP, L.P. net margin is +6.2%, with operating margin at +17.7%. Margins sit within typical range for the sector.
How consistent are ESBA's earnings?
ESBA earnings data spans 2009-2025. The declining earnings trend is -35.7% YoY. Historical data enables comparison across business cycles.