Empire State Realty Trust (ESRT) Revenue & Revenue Breakdown
Empire State Realty Trust Revenue Highlights
Latest Revenue (Y)
$739.57M
Latest Revenue (Q)
$181.18M
Main Segment (Y)
Real Estate, Segment
Empire State Realty Trust Revenue by Period
Empire State Realty Trust Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $739.57M | 1.72% |
| 2022-12-31 | $727.04M | 16.50% |
| 2021-12-31 | $624.09M | 2.44% |
| 2020-12-31 | $609.23M | -16.70% |
| 2019-12-31 | $731.34M | -0.02% |
| 2018-12-31 | $731.51M | 2.67% |
| 2017-12-31 | $712.47M | 5.08% |
| 2016-12-31 | $678.00M | 3.10% |
| 2015-12-31 | $657.63M | 3.51% |
| 2014-12-31 | $635.33M | 103.73% |
| 2013-12-31 | $311.85M | 19.81% |
| 2012-12-31 | $260.29M | -11.70% |
| 2011-12-31 | $294.79M | 19.57% |
| 2010-12-31 | $246.54M | 6.13% |
| 2009-12-31 | $232.31M | -13.57% |
| 2008-12-31 | $268.80M | - |
Empire State Realty Trust generated $739.57M in revenue during NA 2023, up 1.72% compared to the previous quarter, and up 101.10% compared to the same period a year ago.
Empire State Realty Trust Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $181.18M | -6.07% |
| 2023-12-31 | $192.88M | 0.71% |
| 2023-09-30 | $191.53M | 0.52% |
| 2023-06-30 | $190.54M | 15.75% |
| 2023-03-31 | $164.62M | -9.19% |
| 2022-12-31 | $181.27M | -1.33% |
| 2022-09-30 | $183.71M | -7.23% |
| 2022-06-30 | $198.02M | 20.72% |
| 2022-03-31 | $164.03M | 2.31% |
| 2021-12-31 | $160.33M | -2.86% |
| 2021-09-30 | $165.05M | 7.59% |
| 2021-06-30 | $153.41M | 5.58% |
| 2021-03-31 | $145.30M | -4.03% |
| 2020-12-31 | $151.40M | 3.29% |
| 2020-09-30 | $146.57M | 3.93% |
| 2020-06-30 | $141.03M | -17.15% |
| 2020-03-31 | $170.22M | -12.68% |
| 2019-12-31 | $194.93M | 1.07% |
| 2019-09-30 | $192.87M | 9.44% |
| 2019-06-30 | $176.24M | 5.35% |
| 2019-03-31 | $167.29M | -16.06% |
| 2018-12-31 | $199.31M | 6.92% |
| 2018-09-30 | $186.40M | 4.41% |
| 2018-06-30 | $178.53M | 5.95% |
| 2018-03-31 | $168.50M | -7.96% |
| 2017-12-31 | $183.07M | -2.27% |
| 2017-09-30 | $187.32M | 5.76% |
| 2017-06-30 | $177.12M | 7.38% |
| 2017-03-31 | $164.95M | -7.98% |
| 2016-12-31 | $179.26M | 1.94% |
| 2016-09-30 | $175.85M | 6.05% |
| 2016-06-30 | $165.81M | 5.56% |
| 2016-03-31 | $157.07M | -4.92% |
| 2015-12-31 | $165.20M | -6.02% |
| 2015-09-30 | $175.78M | 6.68% |
| 2015-06-30 | $164.77M | 8.49% |
| 2015-03-31 | $151.88M | -10.87% |
| 2014-12-31 | $170.41M | 0.57% |
| 2014-09-30 | $169.44M | 9.20% |
| 2014-06-30 | $155.17M | 10.59% |
| 2014-03-31 | $140.31M | 9.97% |
| 2013-12-31 | $127.58M | 104.86% |
| 2013-09-30 | $62.28M | 4.55% |
| 2013-06-30 | $59.57M | -4.57% |
| 2013-03-31 | $62.42M | -25.36% |
| 2012-12-31 | $83.63M | 40.76% |
| 2012-09-30 | $59.41M | 3.50% |
| 2012-06-30 | $57.40M | -4.07% |
| 2012-03-31 | $59.84M | -37.17% |
| 2011-12-31 | $95.25M | 38.50% |
| 2011-09-30 | $68.77M | 7.94% |
| 2011-06-30 | $63.71M | -4.99% |
| 2011-03-31 | $67.06M | 12.15% |
| 2010-12-31 | $59.80M | - |
Empire State Realty Trust generated $181.18M in revenue during Q1 2024, up -6.07% compared to the previous quarter, and up 99.95% 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/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Real Estate, Segment | $686.07M | $605.89M | $598.00M | $685.04M | $680.24M |
| Observatory, Segment | $105.98M | $41.61M | $29.06M | $128.77M | $131.23M |
Empire State Realty Trust's latest annual revenue breakdown by segment (product or service), as of Dec 22: Real Estate, Segment (86.62%), and Observatory, Segment (13.38%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Observatory, Segment | $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 | $32.90M | $20.57M | $34.54M |
| Real Estate, Segment | $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 | $164.84M | $160.75M | $185.37M |
Empire State Realty Trust's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Real Estate, Segment (87.53%), and Observatory, Segment (12.47%).
Empire State Realty Trust Peer Comparison by Revenue
ESRT Revenue FAQ
What is Empire State Realty Trust’s yearly revenue?
Empire State Realty Trust's yearly revenue for 2023 was $739.57M, representing an increase of 1.72% compared to 2022. The company's yearly revenue for 2022 was $727.04M, representing an increase of 16.50% compared to 2021. ESRT's yearly revenue for 2021 was $624.09M, representing an increase of 2.44% compared to 2020.
What is Empire State Realty Trust’s quarterly revenue?
Empire State Realty Trust'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). The company's quarterly revenue for Q4 2023 was $192.88M, a 0.71% increase from the previous quarter (Q3 2023), and a 6.40% increase year-over-year (Q4 2022). ESRT's quarterly revenue for Q3 2023 was $191.53M, a 0.52% increase from the previous quarter (Q2 2023), and a 4.25% increase year-over-year (Q3 2022).
What is Empire State Realty Trust’s revenue growth rate?
Empire State Realty Trust's revenue growth rate for the last 3 years (2021-2023) was 18.50%, and for the last 5 years (2019-2023) was 1.13%.
What are Empire State Realty Trust’s revenue streams?
Empire State Realty Trust's revenue streams in c 22 are Real Estate, Segment, and Observatory, Segment. Real Estate, Segment generated $686.07M in revenue, accounting 86.62% of the company's total revenue, up 13.23% year-over-year. Observatory, Segment generated $105.98M in revenue, accounting 13.38% of the company's total revenue, up 154.68% year-over-year.
What is Empire State Realty Trust’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Empire State Realty Trust was Real Estate, Segment. This segment made a revenue of $686.07M, representing 86.62% of the company's total revenue.