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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)

$199.60M

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
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 $199.60M in revenue during Q3 2024, up 5.31% compared to the previous quarter, and up 104.75% 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 24Dec 22Dec 21Dec 20Dec 19
Real Estate, Segment$713.85M$686.07M$605.89M$598.00M$685.04M
Observatory, Segment$136.38M$105.98M$41.61M$29.06M$128.77M

Empire State Realty Trust's latest annual revenue breakdown by segment (product or service), as of Dec 24: Real Estate, Segment (83.96%), and Observatory, Segment (16.04%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Jun 24Mar 24Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Observatory, Segment$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$86.00K$19.54M$37.73M$37.58M
Real Estate, Segment$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$145.00M$162.22M$180.92M$178.54M

Empire State Realty Trust's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Real Estate, Segment (82.55%), and Observatory, Segment (17.45%).

Empire State Realty Trust Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
DEIDouglas Emmett$986.48M$109.09M
HPPHudson Pacific Properties$842.08M$166.94M
ESRTEmpire State Realty Trust$767.92M$199.60M
PGREParamount Group$757.45M$194.90M
UEUrban Edge Properties$444.97M$112.43M
EQCEquity Commonwealth$47.98M$13.99M

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 2024 was $199.6M, a 5.31% increase from the previous quarter (Q2 2024), and a 4.22% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $189.54M, a 4.62% increase from the previous quarter (Q1 2024), and a -0.52% decrease year-over-year (Q2 2023). ESRT's quarterly revenue for Q1 2024 was $181.18M, a -6.07% decrease from the previous quarter (Q4 2023), and a 10.06% increase year-over-year (Q1 2023).

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 24 are Real Estate, Segment, and Observatory, Segment. Real Estate, Segment generated $713.85M in revenue, accounting 83.96% of the company's total revenue, up 4.05% year-over-year. Observatory, Segment generated $136.38M in revenue, accounting 16.04% of the company's total revenue, up 28.68% year-over-year.

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

For the fiscal year ending Dec 24, the largest source of revenue of Empire State Realty Trust was Real Estate, Segment. This segment made a revenue of $713.85M, representing 83.96% of the company's total revenue.