Empire State Realty Trust (ESRT) Revenue & Revenue Breakdown


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Empire State Realty Trust Revenue Highlights


Latest Revenue (Y)

$767.92M

Latest Revenue (Q)

$197.73M

Main Segment (Y)

Real Estate, Segment

Empire State Realty Trust Revenue by Period


Empire State Realty Trust Revenue by Year

DateRevenueChange
2024-12-31$767.92M3.83%
2023-12-31$739.57M1.72%
2022-12-31$727.04M16.50%
2021-12-31$624.09M2.44%
2020-12-31$609.23M-16.70%
2019-12-31$731.34M-0.02%
2018-12-31$731.51M2.67%
2017-12-31$712.47M5.08%
2016-12-31$678.00M3.10%
2015-12-31$657.63M3.51%
2014-12-31$635.33M103.73%
2013-12-31$311.85M19.81%
2012-12-31$260.29M-11.70%
2011-12-31$294.79M19.57%
2010-12-31$246.54M6.13%
2009-12-31$232.31M-13.57%
2008-12-31$268.80M-

Empire State Realty Trust generated $767.92M in revenue during NA 2024, up 3.83% compared to the previous quarter, and up 105.00% compared to the same period a year ago.

Empire State Realty Trust Revenue by Quarter

DateRevenueChange
2025-09-30$197.73M3.39%
2025-06-30$191.25M6.21%
2025-03-31$180.07M-8.87%
2024-12-31$197.60M-1.00%
2024-09-30$199.60M5.31%
2024-06-30$189.54M4.62%
2024-03-31$181.18M-6.07%
2023-12-31$192.88M0.71%
2023-09-30$191.53M0.52%
2023-06-30$190.54M15.75%
2023-03-31$164.62M-9.19%
2022-12-31$181.27M-1.33%
2022-09-30$183.71M-7.23%
2022-06-30$198.02M20.72%
2022-03-31$164.03M2.31%
2021-12-31$160.33M-2.86%
2021-09-30$165.05M7.59%
2021-06-30$153.41M5.58%
2021-03-31$145.30M-4.03%
2020-12-31$151.40M3.29%
2020-09-30$146.57M3.93%
2020-06-30$141.03M-17.15%
2020-03-31$170.22M-12.68%
2019-12-31$194.93M1.07%
2019-09-30$192.87M9.44%
2019-06-30$176.24M5.35%
2019-03-31$167.29M-16.06%
2018-12-31$199.31M6.92%
2018-09-30$186.40M4.41%
2018-06-30$178.53M5.95%
2018-03-31$168.50M-7.96%
2017-12-31$183.07M-2.27%
2017-09-30$187.32M5.76%
2017-06-30$177.12M7.38%
2017-03-31$164.95M-7.98%
2016-12-31$179.26M1.94%
2016-09-30$175.85M6.05%
2016-06-30$165.81M5.56%
2016-03-31$157.07M-4.92%
2015-12-31$165.20M-6.02%
2015-09-30$175.78M6.68%
2015-06-30$164.77M8.49%
2015-03-31$151.88M-10.87%
2014-12-31$170.41M0.57%
2014-09-30$169.44M9.20%
2014-06-30$155.17M10.59%
2014-03-31$140.31M9.97%
2013-12-31$127.58M104.86%
2013-09-30$62.28M4.55%
2013-06-30$59.57M-4.57%
2013-03-31$62.42M-25.36%
2012-12-31$83.63M40.76%
2012-09-30$59.41M3.50%
2012-06-30$57.40M-4.07%
2012-03-31$59.84M-37.17%
2011-12-31$95.25M38.50%
2011-09-30$68.77M7.94%
2011-06-30$63.71M-4.99%
2011-03-31$67.06M12.15%
2010-12-31$59.80M-

Empire State Realty Trust generated $197.73M in revenue during Q3 2025, up 3.39% compared to the previous quarter, and up 104.32% compared to the same period a year ago.

Empire State Realty Trust Revenue Breakdown


Empire State Realty Trust Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 22Dec 21Dec 20
Real Estate, Segment$714.76M$713.85M$686.07M$605.89M$598.00M
Observatory, Segment$128.33M$136.38M$105.98M$41.61M$29.06M

Empire State Realty Trust's latest annual revenue breakdown by segment (product or service), as of Dec 25: Real Estate, Segment (84.78%), and Observatory, Segment (15.22%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Observatory, Segment$35.23M$36.04M$33.90M$23.16M$38.27M$39.38M$34.12M$24.60M$33.43M$22.15M$32.32M$33.05M$27.37M$13.24M$17.72M$12.93M$8.36M$2.60M$5.01M$4.42M
Real Estate, Segment$184.05M$181.47M$177.61M$171.63M$181.13M$183.68M$176.40M$172.65M$178.05M$158.38M$167.16M$169.73M$187.76M$161.41M$149.76M$157.42M$151.08M$147.63M$150.86M$139.92M

Empire State Realty Trust's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Real Estate, Segment (83.93%), and Observatory, Segment (16.07%).

Empire State Realty Trust Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
XHRXenia Hotels & Resorts$1.08B$236.42M
CIMChimera Investment$820.77M-
ESRTEmpire State Realty Trust$767.92M$197.73M
AATAmerican Assets Trust$436.20M$109.58M
SAFESafehold$352.58M$90.70M
ALEXAlexander & Baldwin$236.67M$50.25M
SILASila Realty Trust$197.54M$49.85M
KREFKKR Real Estate Finance Trust$112.64M$25.33M
ALXAlexander's-$53.42M
UMHUMH Properties--

ESRT Revenue FAQ


What is Empire State Realty Trust’s yearly revenue?

Empire State Realty Trust's yearly revenue for 2024 was $767.92M, representing an increase of 3.83% compared to 2023. The company's yearly revenue for 2023 was $739.57M, representing an increase of 1.72% compared to 2022. ESRT's yearly revenue for 2022 was $727.04M, representing an increase of 16.50% compared to 2021.

What is Empire State Realty Trust’s quarterly revenue?

Empire State Realty Trust's quarterly revenue for Q3 2025 was $197.73M, a 3.39% increase from the previous quarter (Q2 2025), and a -0.94% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $191.25M, a 6.21% increase from the previous quarter (Q1 2025), and a 0.90% increase year-over-year (Q2 2024). ESRT's quarterly revenue for Q1 2025 was $180.07M, a -8.87% decrease from the previous quarter (Q4 2024), and a -0.61% decrease year-over-year (Q1 2024).

What is Empire State Realty Trust’s revenue growth rate?

Empire State Realty Trust's revenue growth rate for the last 3 years (2022-2024) was 5.62%, and for the last 5 years (2020-2024) was 26.05%.

What are Empire State Realty Trust’s revenue streams?

Empire State Realty Trust's revenue streams in c 25 are Real Estate, Segment, and Observatory, Segment. Real Estate, Segment generated $714.76M in revenue, accounting 84.78% of the company's total revenue, up 0.13% year-over-year. Observatory, Segment generated $128.33M in revenue, accounting 15.22% of the company's total revenue, down -5.90% year-over-year.

What is Empire State Realty Trust’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Empire State Realty Trust was Real Estate, Segment. This segment made a revenue of $714.76M, representing 84.78% of the company's total revenue.