For 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 was $29.5 million, a 14.2% increase. Net income was -$0.3 million, down 101.2% from the prior year, and diluted EPS was $0.01, down 80%.
•Revenue increased 5.7% YoY to $190.3 million.
•Operating income rose 14.2% YoY to $29.5 million.
•Net loss of $0.3 million vs. prior year profit.
•Diluted EPS of $0.01, down 80% YoY.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Empire State Realty OP, L.P. is a real estate operating partnership that serves as a subsidiary of Empire State Realty Trust, Inc. The company focuses on owning, managing, operating, acquiring, and repositioning office and retail properties in the United States. Its portfolio includes iconic properties such as the Empire State Building, along with other office and retail spaces primarily located in New York City and the surrounding metropolitan area. As a real estate investment trust (REIT) operating partnership, it generates revenue through leasing office and retail space to tenants. The company's strategy involves maintaining high occupancy rates and enhancing property values through strategic renovations and tenant improvements.
Where is Empire State Realty OP, L.P. listed and in which currency?
Empire State Realty OP, L.P. is listed on the NYSE Arca exchange under the ticker symbol OGCP. The company trades in United States Dollars (USD), which is the official currency of the United States. Being listed on a major U.S. exchange provides liquidity and visibility to investors. The NYSE Arca is an electronic exchange known for listing exchange-traded funds (ETFs) and other securities, but it also hosts common stocks like OGCP. Investors can buy and sell shares of Empire State Realty OP, L.P. during regular trading hours, and the stock price is quoted in USD. This listing allows the company to access capital markets and attract both institutional and retail investors.
What sector and industry does Empire State Realty OP, L.P. operate in?
Empire State Realty OP, L.P. operates in the Real Estate sector, specifically within the REIT - Office industry. REIT stands for Real Estate Investment Trust, which is a company that owns, operates, or finances income-producing real estate. As an office REIT, the company focuses on office properties, leasing space to businesses for their operations. This industry is characterized by long-term leases, stable cash flows, and a focus on property management and tenant relationships. The company's portfolio includes landmark office buildings, with the Empire State Building being its most notable asset. By specializing in office properties, Empire State Realty OP, L.P. caters to a diverse range of tenants, from small businesses to large corporations, primarily in the New York City market.
In which country and region does Empire State Realty OP, L.P. operate?
Empire State Realty OP, L.P. is based in the United States and operates primarily in the U.S. market, with a strong focus on the New York City metropolitan area. The company's region is designated as 'us', indicating its operations are concentrated within the United States. Its flagship property, the Empire State Building, is located in Midtown Manhattan, New York City. The company also owns and manages other office and retail properties in the New York City area, making it a significant player in the local real estate market. While its primary market is the U.S., the company's properties attract tenants from around the world, especially given the iconic status of the Empire State Building. The company's strategy revolves around maximizing the value of its U.S.-based portfolio through effective leasing and property management.