Valuation: Empire State Realty OP, L.P.

Market Cap 1.48B 1.33B 1.21B 1.11B 2.08B 139B 2.15B 14.6B 5.82B 74.11B 5.55B 5.43B 234B P/E 2024
36.4x
P/E 2025 25.2x
Enterprise Value 3.74B 3.35B 3.07B 2.8B 5.27B 352B 5.44B 36.96B 14.74B 188B 14.04B 13.74B 592B EV / Sales 2024
6.39x
EV / Sales 2025 5.23x
Free-Float
20.23%
Yield 2024
1.38%
Yield 2025 2.22%
06/08 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
30/07 Empire State Realty OP, L.P. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026 CI
16/05 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
08/05 Empire State Realty OP, L.P. Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
16/04 Empire State Realty OP LP enters agreement for $130 million 5.99% Series M senior notes due July 15, 2032 - SEC filing RE
16/04 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
03/03 Empire State Realty OP, L.P. Reports Earnings Results for the Full Year Ended December 31, 2025 CI
21/02 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
20/02 Empire State Realty OP, L.P. announces Quarterly dividend, payable on March 31, 2026 CI
06/12 Empire State Realty Trust Inc. Declares Dividend for the fourth quarter 2025, Payable on December 31, 2025 CI
18/11 Empire State Realty Op, L.P. and Empire State Realty Trust, Inc. Enters into an Amended and Restated Credit Agreement CI
06/11 Empire State Realty OP, L.P. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
17/10/25 Empire State Realty Trust, Inc. and Empire State Realty Op, L.P. Enter into A Note Purchase Agreement with the Purchasers CI
1 day-0.48%
1 week+3.90%
Current month+3.90%
1 month+20.81%
3 months+8.45%
6 months-6.23%
Current year-17.54%
1 week 4.82
Extreme 4.815
5.22
1 month 4.16
Extreme 4.16
5.22
Current year 3.79
Extreme 3.7901
6.89
1 year 3.79
Extreme 3.7901
7.61
3 years 3.79
Extreme 3.7901
11.5
5 years 3.79
Extreme 3.7901
11.5
10 years 3.79
Extreme 3.7901
21.86
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 -
Date Insider Type Main position Quantity % Market Cap. Importance
15/5/26 Free

Director

23,856 0.0222%
15/5/26 Free

Director

43,092 0.0400%
15/5/26 Free

Director

23,856 0.0222%
Change 5-day change 1-year change 3-year change Capi.($)
-0.48%+3.90%-26.42%-40.63% 1.48B
-0.51%-0.24%+2.96%+21.67% 122B
+0.70%+5.12%+26.64%+95.50% 73.3B
-0.55%+4.04%+5.15%+17.38% 56.58B
-3.20%+1.98%-10.85%+26.32% 40.93B
-0.06%+4.47%+26.56%+38.01% 17.03B
-0.35%+0.13%+26.54%+20.50% 16.71B
+0.36%+3.43%+5.00%+85.65% 15.21B
-1.27%+2.63%+1.30%+27.17% 14.79B
-1.54%+0.80%+9.42%+22.80% 13.94B
Average -0.58%+3.87%+6.63%+31.44% 37.22B
Weighted average by Cap. -0.53%+3.18%+8.72%+39.40%

Financials

2024 2025
Net sales 763M 684M 626M 571M 1.08B 71.74B 1.11B 7.54B 3.01B 38.28B 2.86B 2.8B 121B 768M 689M 629M 575M 1.08B 72.18B 1.12B 7.59B 3.02B 38.51B 2.88B 2.82B 122B
Net income 80.36M 72.07M 65.87M 60.13M 113M 7.55B 117M 794M 317M 4.03B 302M 295M 12.72B 72.98M 65.46M 59.82M 54.61M 103M 6.86B 106M 721M 288M 3.66B 274M 268M 11.56B
Net Debt 2.09B 1.87B 1.71B 1.56B 2.94B 196B 3.03B 20.6B 8.22B 105B 7.83B 7.66B 330B 2.26B 2.03B 1.86B 1.69B 3.19B 213B 3.29B 22.36B 8.92B 114B 8.49B 8.31B 358B
Projected Income Statement - Annual - Empire State Realty OP, L.P.
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
07/11/26 USD 5.195 -0.48% 715
05/11/26 USD 5.220 +3.68% 7,148
04/11/26 USD 5.035 +2.12% 1,108
03/11/26 USD 4.930 +0.41% 2,742
02/11/26 USD 4.910 -1.80% 17,246
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