$5.30
Value $893M
Empire State Realty TrustvsRealty Income
ESRT and O stock compared: price, dividend, valuation and results, from SEC filings.
+1.53%
$58.82
Value $54.8B
Empire State Realty Trust (ESRT) has a market value of $893M and Realty Income (O) $54.8B. Over the last year, with dividends, ESRT moved -24.6% and O +9.0%. Dividend yield: ESRT 2.64%, O 5.53%.
At a glance
The main figures of both. A bar only shows which number is larger, not which is better.
Market value
ESRT$893M
O$54.8B
O is 61 times ESRT
Revenue, 12 months
ESRT$780M
O$6.2B
O is 8.0 times ESRT
Net income, 12 months
ESRT-$1.8M
O$1.4B
Operating margin
ESRT-4.9%
O–
ROIC
ESRT-2.9%
O3.6%
6.5 points apart
P/E
ESRT–
O40.5
Dividend yield
ESRT2.6%
O5.5%
2.9 points apart
5-year return
ESRT-44.6%
O+8.3%
52.9 points apart
A fainter bar means a negative number. The 5-year return includes dividends.
The price over time
Both start at 100 at the beginning of the period, so the lines show how much each changed. With dividends means each dividend buys more shares.
ESRT-44.6%
O+8.3%
| Period | ESRTWith dividends | OWith dividends |
|---|---|---|
| 1 year since November 12, 2025 | -24.6%Price -26.6% | +9.0%Price +3.3% |
| 3 years since November 13, 2023 | -33.6%-12.8% a yearPrice -37.3% | +39.1%+11.6% a yearPrice +17.9% |
| 5 years since November 12, 2021 | -44.6%-11.1% a yearPrice -49.6% | +8.3%+1.6% a yearPrice -16.5% |
| 10 years since November 15, 2016 | -66.6%-10.4% a yearPrice -72.8% | +76.1%+5.8% a yearPrice +9.0% |
Each cell: the total return with dividends, its yearly rate, and the price change alone. Before taxes and costs. Past returns do not predict future ones.
Every figure
As on each company's page. A description, not a recommendation: no one figure says which is better.
ESRTEmpire State Realty TrustORealty Income
Valuation
ESRTO| Price | $5.30 | $58.82 |
|---|---|---|
| Market value | $893M | $54.8B |
| Enterprise value (EV) | $3.0B | $82.6B |
| P/E | – | 40.5 |
| P/E, 5-year median | 31.5 | 48.2 |
| P/B | 0.9 | 1.4 |
| EV/EBIT | – | 54.3 |
| Free cash flow yield | 6.9% | 7.2% |
Results and growth
ESRTO| Revenue, 12 months | $780M | $6.2B |
|---|---|---|
| Net income, 12 months | -$1.8M | $1.4B |
| Free cash flow, 12 months | $62M | $4.0B |
| Earnings per share, 12 months | -$0.01 | $1.46 |
| Revenue growth, year on year | 0.1% | 9.1% |
| Revenue growth a year, past | +4.8%over 5 years | +28.3%over 5 years |
| EPS growth a year, past | – | +0.5%over 5 years |
Margins and returns on capital
ESRTO| Gross margin | – | – |
|---|---|---|
| Operating margin | -4.9% | – |
| Net margin | -0.2% | 21.9% |
| ROIC | -2.9% | 3.6% |
| ROE | -0.2% | 3.5% |
Balance sheet
ESRTO| Cash | $85M | $369M |
|---|---|---|
| Total debt | $2.2B | $28.5B |
| Net debt / EBITDA | 13.8 | 6.9 |
| Interest cover | -0.4× | – |
Dividends and buybacks
ESRTO| Dividend yield | 2.6% | 5.5% |
|---|---|---|
| Dividend per share, 12 months | $0.14 | $3.25 |
| Dividend growth a year, past | – | +2.9%over 5 years |
| Buyback yield | 0.9% | – |
| Shareholder yield | 3.6% | 5.5% |
Last 12 months from the latest 10-Q and 10-K. Value, P/E and yields at today's price. A dash means the figure does not exist or did not pass our checks.
Which is bigger, Empire State Realty Trust or Realty Income?
By market value, Realty Income ($54.8B) is about 61.4 times Empire State Realty Trust ($893M), at today's prices.
How did ESRT and O stock do over the last 10 years?
Since November 15, 2016, ESRT's price moved -72.8% and O's +9.0%. With dividends: ESRT -66.6% (-10.4% a year), O +76.1% (+5.8% a year). Past returns do not predict future ones.
Which pays the higher dividend, ESRT or O?
The dividend yield at today's price is 2.64% for Empire State Realty Trust and 5.53% for Realty Income. Over the last twelve months they paid $0.14 and $3.25 per share.
Which has the higher profit margins, Empire State Realty Trust or Realty Income?
Over the last twelve months, the net margin was -0.2% for Empire State Realty Trust and 21.9% for Realty Income, and the operating margin -4.9% and –. Revenue was $780M and $6.2B.
Which is the better investment, Empire State Realty Trust or Realty Income?
The page does not answer that and does not suggest buying or selling. It puts the two companies' numbers side by side, from their SEC filings, for you to read and form your own view. The decision depends on your goals and situation.
Other comparisons
With each of the two, and with the largest in its sector.
Related pages
The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.
US stocksThe market today, the sectors, the largest companies and the week's results.The market's sectorsThe 11 sectors side by side: returns, share of the market, median P/E and dividend.Compare stocksTwo companies side by side: price over up to ten years, with and without dividends, and every figure.US dividend stocksEach dividend's yield next to whether the company's cash covers it and whether it was ever cut.
Descriptive data from SEC filings and market prices.