Empire State Realty OP, L.P annual operating margin
2012
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2021
2022
2023
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2025
Empire State Realty OP, L.P Operating Margin Growth & History (ESBA)
Empire State Realty OP, L.P's operating margin was 17.69% for fiscal 2025.
View full Empire State Realty OP, L.P company overviewEmpire State Realty OP, L.P annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 17.69% | −3.01 pp |
| 2024 | 2024-12-31 | 20.70% | +0.83 pp |
| 2023 | 2023-12-31 | 19.87% | +2.37 pp |
| 2022 | 2022-12-31 | 17.50% | +4.83 pp |
| 2021 | 2021-12-31 | 12.68% | +3.05 pp |
| 2020 | 2020-12-31 | 9.63% | −11.52 pp |
| 2019 | 2019-12-31 | 21.15% | −4.94 pp |
| 2018 | 2018-12-31 | 26.09% | −1.10 pp |
| 2017 | 2017-12-31 | 27.19% | +0.04 pp |
| 2016 | 2016-12-31 | 27.15% | +4.13 pp |
| 2015 | 2015-12-31 | 23.02% | +0.77 pp |
| 2014 | 2014-12-31 | 22.24% | −11.83 pp |
| 2012 | 2012-12-31 | 34.07% | — |
Empire State Realty OP, L.P quarterly operating margin
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
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Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −70.54% | −88.95 pp |
| Q1 2026 | 2026-03-31 | 15.50% | +1.14 pp |
| Q4 2025 | 2025-12-31 | 17.79% | −3.97 pp |
| Q3 2025 | 2025-09-30 | 19.93% | −2.82 pp |
| Q2 2025 | 2025-06-30 | 18.40% | −2.40 pp |
| Q1 2025 | 2025-03-31 | 14.36% | −2.81 pp |
| Q4 2024 | 2024-12-31 | 21.76% | +0.47 pp |
| Q3 2024 | 2024-09-30 | 22.75% | +0.69 pp |
| Q2 2024 | 2024-06-30 | 20.81% | −3.43 pp |
| Q1 2024 | 2024-03-31 | 17.17% | +6.55 pp |
| Q4 2023 | 2023-12-31 | 21.29% | −0.36 pp |
| Q3 2023 | 2023-09-30 | 22.06% | +2.72 pp |
| Q2 2023 | 2023-06-30 | 24.24% | +0.76 pp |
| Q1 2023 | 2023-03-31 | 10.62% | +6.94 pp |
| Q4 2022 | 2022-12-31 | 21.65% | +8.49 pp |
| Q3 2022 | 2022-09-30 | 19.34% | +11.34 pp |
| Q2 2022 | 2022-06-30 | 23.48% | +6.22 pp |
| Q1 2022 | 2022-03-31 | 3.69% | −8.94 pp |
| Q4 2021 | 2021-12-31 | 13.16% | +0.33 pp |
| Q3 2021 | 2021-09-30 | 8.00% | −0.14 pp |
| Q2 2021 | 2021-06-30 | 17.26% | +17.03 pp |
| Q1 2021 | 2021-03-31 | 12.63% | −3.22 pp |
| Q4 2020 | 2020-12-31 | 12.83% | −11.34 pp |
| Q3 2020 | 2020-09-30 | 8.14% | −15.34 pp |
| Q2 2020 | 2020-06-30 | 0.24% | −20.33 pp |
| Q1 2020 | 2020-03-31 | 15.85% | +0.26 pp |
| Q4 2019 | 2019-12-31 | 24.17% | −5.18 pp |
| Q3 2019 | 2019-09-30 | 23.48% | −2.56 pp |
| Q2 2019 | 2019-06-30 | 20.56% | −7.26 pp |
| Q1 2019 | 2019-03-31 | 15.59% | −4.84 pp |
| Q4 2018 | 2018-12-31 | 29.35% | +2.06 pp |
| Q3 2018 | 2018-09-30 | 26.04% | −3.98 pp |
| Q2 2018 | 2018-06-30 | 27.82% | −0.91 pp |
| Q1 2018 | 2018-03-31 | 20.42% | −1.80 pp |
| Q4 2017 | 2017-12-31 | 27.29% | −1.83 pp |
| Q3 2017 | 2017-09-30 | 30.02% | −0.45 pp |
| Q2 2017 | 2017-06-30 | 28.73% | +2.08 pp |
| Q1 2017 | 2017-03-31 | 22.23% | +0.51 pp |
| Q4 2016 | 2016-12-31 | 29.11% | +6.58 pp |
| Q3 2016 | 2016-09-30 | 30.47% | +4.68 pp |
| Q2 2016 | 2016-06-30 | 26.65% | −0.68 pp |
| Q1 2016 | 2016-03-31 | 21.72% | +6.08 pp |
| Q4 2015 | 2015-12-31 | 22.54% | +4.18 pp |
| Q3 2015 | 2015-09-30 | 25.80% | +0.17 pp |
| Q2 2015 | 2015-06-30 | 27.33% | −0.08 pp |
| Q1 2015 | 2015-03-31 | 15.64% | −1.53 pp |
| Q4 2014 | 2014-12-31 | 18.36% | — |
| Q3 2014 | 2014-09-30 | 25.62% | — |
| Q2 2014 | 2014-06-30 | 27.41% | — |
| Q1 2014 | 2014-03-31 | 17.17% | — |
Empire State Realty OP, L.P operating margin trends
Over the last five reported fiscal years, Empire State Realty OP, L.P's operating margin increased from 9.63% to 17.69%, a change of +8.06 percentage points. The latest reported quarter, Q2 2026, shows −70.54%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Empire State Realty OP, L.P filings at SEC.gov ↗