ESBA
Empire State Realty OP, L.P.
There isn't enough reported data to score ESBA yet.
ESBA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| N/A | |
| N/A |
ESBA's revenue is currently stable, but its profitability is weak. Free cash flow and net leverage aren't meaningful measures for real estate companies like ESBA.
ESBA PE Valuation
ESBA has no meaningful PE right now: it lost money over the past year.
ESBA Forward outlook
There aren't enough analyst estimates for ESBA to show an outlook.
ESBA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.01 | -105% |
| Q2 2026 | $0.02 | -92% |
| Q1 2026 | $0.21 | -30% |
| Q4 2025 | $0.25 | -11% |
| Q3 2025 | $0.21 | -19% |
| Q2 2025 | $0.24 | -4% |
| Q1 2025 | $0.30 | +3.4% |
| Q4 2024 | $0.28 | -6.7% |
ESBA has swung to a loss: it lost $0.01 per share over the past year, after a profit the year before.
ESBA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $193.1M | -2.4% |
| Q2 2026 | $196.9M | +3% |
| Q1 2026 | $190.3M | +5.7% |
| Q4 2025 | $199.2M | +0.8% |
| Q3 2025 | $197.7M | -0.9% |
| Q2 2025 | $191.3M | +0.9% |
| Q1 2025 | $180.1M | -0.6% |
| Q4 2024 | $197.6M | +2.4% |
ESBA's revenue grew through 2022 and has held roughly level since: $193M last quarter, down 2.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 19% | -1.3 points |
| Q2 2026 | -70% | -89 points |
| Q1 2026 | 15% | +1.2 points |
| Q4 2025 | 18% | -4 points |
| Q3 2025 | 20% | -2.8 points |
| Q2 2025 | 18% | -2.4 points |
| Q1 2025 | 14% | -2.8 points |
| Q4 2024 | 22% | +0.6 points |
ESBA's operating margin was 19% last quarter, down 1.3 points from the same quarter a year ago.
ESBA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $30.5M | -58% |
| Q2 2026 | -$11.4M | +$43.6M |
| Q1 2026 | $50.7M | +23% |
| Q4 2025 | -$8.2M | -139% |
| Q3 2025 | $72.8M | +$137.9M |
| Q2 2025 | -$55.1M | -383% |
| Q1 2025 | $41.1M | +77% |
| Q4 2024 | $21M | +$30M |
ESBA's free cash flow was $62M over the past year, down 23% from the year before. Free cash flow isn't a meaningful measure for real estate companies like ESBA.
ESBA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +1.2M shares |
| 1 year | -0.1% | -242K shares |
| 3 years | +1.5% | +4M shares |
| 5 years | -2.7% | -7.6M shares |
| Available history | -9.3% | -27.7M shares |
ESBA has 270M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $22.8M |
| Q4 2025 | $6M |
| Q3 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
ESBA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.2x | Moderate |
| Q2 2026 | 2.6x | Moderate |
| Q1 2026 | 1.1x | Healthy |
| Q4 2025 | 1.1x | Healthy |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.2x | Very low |
| Q4 2024 | 0.0x | Very low |
ESBA's net debt is about 2.2 years of its operating earnings (EBITDA), up from less than a year a year ago. Net leverage isn't a meaningful measure for real estate companies like ESBA.
ESBA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.6 | Neutral |
| Stochastic | 71.9 | Neutral |
ESBA's weekly RSI is 54 (neutral) and its Stochastic is 72 (neutral).
ESBA PE vs Real Estate Sector
| Metric | ESBA | Sector median | Relative |
|---|---|---|---|
| PE | 260x | 24x | 986% above |
| PE % | 100 | 23 | 77 pts above |
ESBA has no meaningful PE right now: it lost money over the past year.
ESBA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.63 | 10% above |
| 20 week MA | $4.75 | 7.6% above |
| 50 week MA | $5.34 | 4.3% below |
| 100 week MA | $6.64 | 23% below |
| 200 week MA | $7.69 | 34% below |
ESBA has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 34% below its 200-week average.
ESBA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.8 | $9.50 | -31% |
| 2021 | $9.50 | $9.00 | -5.3% |
| 2022 | $9.00 | $6.70 | -26% |
| 2023 | $6.70 | $9.40 | +40% |
| 2024 | $9.40 | $10.1 | +6.9% |
| 2025 | $10.1 | $6.21 | -38% |
| 2026 YTD | $6.21 | $5.11 | -18% |
ESBA has finished lower in four of the last six years. It's down 18% so far in 2026.