Empire State Realty OP, L.P. Series ES Operating Partnership

As of June 30, 2026, Empire State Realty OP, L.P. Series ES Operating Partnership carries a market capitalization of 1.56B, placing it among publicly traded companies globally. Its enterprise value stands at 3.73B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

As of June 30, 2026, Empire State Realty OP, L.P. Series ES Operating Partnership has 280.40M shares outstanding.

As of June 30, 2026, Empire State Realty OP, L.P. Series ES Operating Partnership trades at a trailing price-to-earnings ratio of 240.26. The price-to-sales ratio is 1.55, and the price-to-book ratio stands at 0.87.

As of June 30, 2026, Empire State Realty OP, L.P. Series ES Operating Partnership trades at an EV/EBITDA multiple of 22.13 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 4.76 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Empire State Realty OP, L.P. Series ES Operating Partnership trades at an EV/FCF ratio of 11.47, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 3.73B versus a market cap of 1.56B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Empire State Realty OP, L.P. Series ES Operating Partnership maintains a current ratio of 0.60, meaning it holds 0.6x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 126.49, indicating elevated leverage, while an interest coverage ratio of 1.58 demonstrates limited ability to service its debt obligations.

Over the twelve months ended June 30, 2026, Empire State Realty OP, L.P. Series ES Operating Partnership posted a return on equity (ROE) of 0.28, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) is negative at -0.79, so the business is destroying capital rather than earning a return above its cost of capital. Return on assets (ROA) stands at 0.22, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 2.70, useful for judging operating efficiency across full business cycles. The company generates approximately 1.21M in revenue per employee across its workforce of 648.25, a quick read on workforce productivity versus industry peers.

Over the twelve months ended June 30, 2026, Empire State Realty OP, L.P. Series ES Operating Partnership recorded 870,000.00 in income tax expense. That works out to an effective tax rate of 8.59, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 10.13M, leaving 9.26M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on November 6, 2026, Empire State Realty OP, L.P. Series ES Operating Partnership's stock has declined approximately 26.42% over the past 52 weeks. The 50-day moving average sits at 4.49, while the 200-day moving average is 5.28.

Over the twelve months ended June 30, 2026, Empire State Realty OP, L.P. Series ES Operating Partnership generated 784.18M in revenue and converted that into 9.26M in net income, yielding earnings per share of 0.03. EBITDA reached 168.78M, while operating income came in at 131.60M.

As of June 30, 2026, Empire State Realty OP, L.P. Series ES Operating Partnership holds 85.61M in cash and equivalents against 2.26B in total debt, resulting in a net debt position of 2.14B. Total book value stands at 1.79B, with working capital of -274.74M providing operational flexibility.

Empire State Realty OP, L.P. Series ES Operating Partnership produced 227.64M in operating cash flow over the twelve months ended June 30, 2026.

Over the twelve months ended June 30, 2026, Empire State Realty OP, L.P. Series ES Operating Partnership posted a gross margin of 52.39, reflecting its pricing power and cost economics. The operating margin of 16.78 and net profit margin of 1.18 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, Empire State Realty OP, L.P. Series ES Operating Partnership paid dividends of 0.18 per share. The dividend payout ratio of 691.95 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 15.21, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -18.80, meaning Empire State Realty OP, L.P. Series ES Operating Partnership raised more capital through share issuance and new debt than it returned via dividends and buybacks.