In Q1 FY2026 (ended March 31, 2026), Empire State Realty OP, L.P. reported revenue of $190.3 million, up 5.7% year-over-year. Operating income rose 14.2% to $29.5 million, while net income was a loss of $0.3 million (compared to a prior-year profit). Diluted EPS was $0.01, down 80% from the prior year. Cash on hand was $68.8 million.
•Revenue increased 5.7% YoY to $190.3 million.
•Operating income grew 14.2% to $29.5 million.
•Net loss of $0.3 million vs. prior-year profit; diluted EPS of $0.01.
•Cash balance of $68.8 million as of March 31, 2026.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Empire State Realty OP, L.P. is a subsidiary of Empire State Realty Trust, Inc. The company operates in the real estate sector, specifically as a real estate investment trust (REIT) focused on office properties. Its primary business involves owning, managing, operating, acquiring, and repositioning office properties. The most notable asset in its portfolio is the iconic Empire State Building, along with other office properties primarily located in the New York metropolitan area. As a REIT, the company generates income by leasing office space to tenants and is structured to pass on most of its taxable income to shareholders in the form of dividends.
Where is Empire State Realty OP, L.P. (ESBA) listed and in which currency?
Empire State Realty OP, L.P. is listed on the NYSE Arca exchange under the ticker symbol ESBA. The company trades in US Dollars (USD), which is the standard currency for stocks listed on US exchanges. Being listed on NYSE Arca, which is an electronic exchange, provides investors with efficient trading and access to the company's shares. The use of USD makes it accessible to both domestic and international investors who are comfortable trading in the world's primary reserve currency.
What sector and industry does Empire State Realty OP, L.P. (ESBA) belong to?
Empire State Realty OP, L.P. operates in the Real Estate sector and is specifically classified under the REIT - Office industry. REITs are companies that own, operate, or finance income-producing real estate. As an office REIT, the company focuses on office properties, leasing space to a diverse tenant base. This industry is characterized by long-term leases, which provide stable cash flows, and is sensitive to economic cycles, as office demand is tied to employment and business activity. The company's portfolio includes iconic properties like the Empire State Building, making it a notable player in the office REIT space.
What is the geographic focus of Empire State Realty OP, L.P. (ESBA)?
Empire State Realty OP, L.P. is based in the United States, with its primary operations concentrated in the New York metropolitan area. The company's most famous property, the Empire State Building, is located in Manhattan, New York City. While the company may own other office properties, its geographic focus is heavily centered on the US market, particularly in high-demand urban areas. This concentration allows the company to leverage the economic strength of New York City, but also exposes it to regional market risks. The company serves tenants primarily in the office sector, catering to businesses that require prime office space in one of the world's most prominent business districts.