Empire State Realty Trust Debt-to-Equity Ratio Growth & History (ESRT)
Empire State Realty Trust's debt-to-equity ratio was 0.03 for fiscal 2025.
View full Empire State Realty Trust company overviewEmpire State Realty Trust annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.03 | −0.00 | −3.64% |
| 2024 | 2024-12-31 | 0.03 | −0.00 | −5.20% |
| 2023 | 2023-12-31 | 0.03 | −0.00 | −3.94% |
| 2022 | 2022-12-31 | 0.03 | 0.00 | +3.78% |
| 2021 | 2021-12-31 | 0.03 | 0.00 | +4.95% |
| 2020 | 2020-12-31 | 0.03 | 0.00 | +15.61% |
| 2019 | 2019-12-31 | 0.02 | −0.47 | −95.15% |
| 2018 | 2018-12-31 | 0.49 | −0.12 | −19.95% |
| 2017 | 2017-12-31 | 0.61 | −0.04 | −6.66% |
| 2016 | 2016-12-31 | 0.66 | −0.77 | −53.84% |
| 2015 | 2015-12-31 | 1.42 | −0.49 | −25.72% |
| 2014 | 2014-12-31 | 1.92 | −0.37 | −16.33% |
| 2013 | 2013-12-31 | 2.29 | — | — |
Empire State Realty Trust quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.00 | −0.03 | −96.22% |
| Q1 2026 | 2026-03-31 | 0.03 | −0.00 | −3.89% |
| Q4 2025 | 2025-12-31 | 0.03 | −0.00 | −3.64% |
| Q3 2025 | 2025-09-30 | 0.03 | −0.00 | −3.58% |
| Q2 2025 | 2025-06-30 | 0.03 | −0.00 | −3.45% |
| Q1 2025 | 2025-03-31 | 0.03 | −0.00 | −4.31% |
| Q4 2024 | 2024-12-31 | 0.03 | −0.00 | −5.20% |
| Q3 2024 | 2024-09-30 | 0.03 | −0.00 | −3.58% |
| Q2 2024 | 2024-06-30 | 0.03 | −0.00 | −5.27% |
| Q1 2024 | 2024-03-31 | 0.03 | −0.00 | −5.58% |
| Q4 2023 | 2023-12-31 | 0.03 | −0.00 | −3.94% |
| Q3 2023 | 2023-09-30 | 0.03 | −0.00 | −4.29% |
| Q2 2023 | 2023-06-30 | 0.03 | −0.00 | −1.63% |
| Q1 2023 | 2023-03-31 | 0.03 | 0.00 | +2.36% |
| Q4 2022 | 2022-12-31 | 0.03 | 0.00 | +3.78% |
| Q3 2022 | 2022-09-30 | 0.03 | 0.00 | +8.26% |
| Q2 2022 | 2022-06-30 | 0.03 | 0.00 | +9.39% |
| Q1 2022 | 2022-03-31 | 0.03 | 0.00 | +6.90% |
| Q4 2021 | 2021-12-31 | 0.03 | 0.00 | +4.95% |
| Q3 2021 | 2021-09-30 | 0.03 | 0.00 | +2.18% |
| Q2 2021 | 2021-06-30 | 0.03 | 0.00 | +1.60% |
| Q1 2021 | 2021-03-31 | 0.03 | 0.00 | +8.26% |
| Q4 2020 | 2020-12-31 | 0.03 | 0.00 | +15.61% |
| Q3 2020 | 2020-09-30 | 0.03 | −0.49 | −94.76% |
| Q2 2020 | 2020-06-30 | 0.03 | −0.50 | −94.84% |
| Q1 2020 | 2020-03-31 | 0.03 | −0.49 | −95.11% |
| Q4 2019 | 2019-12-31 | 0.02 | −0.47 | −95.15% |
| Q3 2019 | 2019-09-30 | 0.52 | 0.01 | +2.58% |
| Q2 2019 | 2019-06-30 | 0.52 | 0.01 | +2.52% |
| Q1 2019 | 2019-03-31 | 0.52 | −0.00 | −0.03% |
| Q4 2018 | 2018-12-31 | 0.49 | −0.12 | −19.95% |
| Q3 2018 | 2018-09-30 | 0.51 | −0.12 | −18.84% |
| Q2 2018 | 2018-06-30 | 0.51 | −0.12 | −18.91% |
| Q1 2018 | 2018-03-31 | 0.52 | −0.13 | −20.24% |
| Q4 2017 | 2017-12-31 | 0.61 | −0.04 | −6.66% |
| Q3 2017 | 2017-09-30 | 0.62 | −0.05 | −6.90% |
| Q2 2017 | 2017-06-30 | 0.63 | −0.84 | −57.21% |
| Q1 2017 | 2017-03-31 | 0.65 | −0.83 | −56.04% |
| Q4 2016 | 2016-12-31 | 0.66 | −0.77 | −53.84% |
| Q3 2016 | 2016-09-30 | 0.67 | −0.79 | −54.06% |
| Q2 2016 | 2016-06-30 | 1.47 | −0.07 | −4.51% |
| Q1 2016 | 2016-03-31 | 1.48 | −0.29 | −16.31% |
| Q4 2015 | 2015-12-31 | 1.42 | −0.49 | −25.72% |
| Q3 2015 | 2015-09-30 | 1.46 | −0.86 | −37.12% |
| Q2 2015 | 2015-06-30 | 1.54 | −0.74 | −32.37% |
| Q1 2015 | 2015-03-31 | 1.77 | −0.53 | −22.97% |
| Q4 2014 | 2014-12-31 | 1.92 | −0.37 | −16.33% |
| Q3 2014 | 2014-09-30 | 2.32 | — | — |
| Q2 2014 | 2014-06-30 | 2.28 | — | — |
| Q1 2014 | 2014-03-31 | 2.30 | — | — |
| Q4 2013 | 2013-12-31 | 2.29 | — | — |
Empire State Realty Trust debt-to-equity ratio trends
Over the last five fiscal years, Empire State Realty Trust's debt-to-equity ratio decreased from 0.03 to 0.03, a change of −0.00. The latest reported quarter, Q2 2026, shows 0.00.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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