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ESBAEmpire State Realty OP, L.P.
$5.33$1.4B
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HomeStocksESBAEarnings History

ESBA logoEmpire State Realty OP, L.P. (ESBA) Earnings History

Profitable

17 years of earnings data (2009–2025) · Positive TTM net income

TTM Net Income
$40M
● Profitable
TTM EPS (Diluted)
$0.15
Per share, diluted
YoY EPS Growth
-35.7%
Declining
Net Margin
6.2%
After-tax profitability
EPS Growth Rate (CAGR)
1Y-35.7%
3Y-6.5%
5YN/A
10Y-4.7%
Operating Margin17.7%
Gross Margin1.8%
Return on Equity2.6%
Return on Assets1.1%
Record Annual Net Income$67MFY2018
Record Quarterly EPS$0.79Q4 2013
Consecutive Profitable Years4years
Q1 2026
Net Income$2M
EPS (Diluted)$0.00
YoY Growth-35.7%Declining
QoQ Growth-89.0%Declining

Loading earnings history...

Empire State Realty OP, L.P. (ESBA) Earnings Overview

As of June 28, 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 ($40M net income, 6.2% margin), SLG (-$152M 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

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
ESBA logoESBACurrent
$40M$0.156.2%2.6%-35.7%—
ESRT logoESRT
$40M$0.156.2%2.6%-35.7%
SLG logoSLG
-$152M$-2.10-8.8%-2.0%-1575.0%
VNO logoVNO
$795M$4.1950.0%13.9%+10400.0%
PGRE logoPGRE
-$97M$-0.44-6.1%-1.2%+82.5%
BXP logoBXP
$317M$2.007.9%3.5%+1833.3%
Best in group
Lowest in group

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$0.186.2%17.7%
2024$52M-3.0%$159M$0.286.8%20.8%
2023$53M+31.0%$147M$0.307.2%19.8%
2022$41M+724.3%$127M$0.225.7%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$0.287.0%21.2%
2018$67M+4.6%$191M$0.399.1%26.1%
2017$64M+21.4%$196M$0.218.9%27.5%
2016$52M+51.1%$185M$0.387.7%27.2%
2015$35M+27.7%$151M$0.295.3%23.0%
2014$27M-28.6%$141M$0.274.3%22.2%
2013$38M-21.9%-$64M$0.7912.2%-20.4%
2012$49M-15.3%$89M$0.5318.7%34.1%
2011$57M+24.5%$108M$0.6619.5%36.7%
2010$46M+10.2%$83M$0.4918.7%33.7%
2009$42M-$82M$0.4618.0%35.2%

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ESBA — Frequently Asked Questions

Quick answers to the most common questions about buying ESBA stock.

What is ESBA earnings per share (EPS)?

ESBA trailing twelve-month (TTM) diluted EPS is $0.15, reflecting -35.7% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2009 to 2025 is available in the table on this page.

What is Empire State Realty OP, L.P.'s net income?

Empire State Realty OP, L.P. (ESBA) trailing twelve-month net income is $40M as of 2025. Earnings declined -35.7% year-over-year. Empire State Realty OP, L.P. has been profitable for 4 consecutive years.

Is ESBA profitable?

Yes, ESBA is profitable with a TTM net income of $40M and a net profit margin of +6.2%. Empire State Realty OP, L.P. has generated profits for 4 consecutive years.

What is ESBA's earnings growth rate?

ESBA compound annual EPS growth rates (CAGR): 1-Year: -35.7%, 3-Year: -6.5%, 5-Year: N/A, 10-Year: -4.7%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2009 to 2025.

What are ESBA's profit margins?

Empire State Realty OP, L.P. net profit margin is +6.2%, operating margin is +17.7%, and gross margin is +1.8%. Margins are within a typical range for the sector. Return on Equity is +2.6%.

Is ESBA growing earnings?

ESBA earnings are declining — EPS fell -35.7% year-over-year. TTM net income dropped to $40M. This contrasts with the 5-year CAGR of N/A.

What was ESBA's best earnings year?

Empire State Realty OP, L.P.'s highest annual net income on record is $67M, achieved in fiscal year 2018. Earnings history on this page spans 2009 to 2025 and includes all annual and quarterly figures.

What were ESBA's earnings last quarter?

ESBA's most recent reported quarter was Q1 2026. Net income was $2M with diluted EPS of $0.00. For a full breakdown of all quarters, see the quarterly earnings table on this page.

ESBA Earnings Over Time (2009–2025)

Net income & EPS — annual and quarterly view