Empire State Realty Trust, Inc.

DB:ES9 Stock Report

Market Cap: €2.7b

Empire State Realty Trust Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Tony Malkin

Chief executive officer

US$9.0m

Total compensation

CEO salary percentage9.5%
CEO tenure13yrs
CEO ownership0.4%
Management average tenure4yrs
Board average tenure7.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tony Malkin's remuneration changed compared to Empire State Realty Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$45m

Jun 30 2024n/an/a

US$43m

Mar 31 2024n/an/a

US$48m

Dec 31 2023US$9mUS$850k

US$49m

Sep 30 2023n/an/a

US$52m

Jun 30 2023n/an/a

US$46m

Mar 31 2023n/an/a

US$54m

Dec 31 2022US$8mUS$810k

US$36m

Sep 30 2022n/an/a

US$21m

Jun 30 2022n/an/a

US$8m

Mar 31 2022n/an/a

-US$19m

Dec 31 2021US$8mUS$626k

-US$11m

Sep 30 2021n/an/a

-US$8m

Jun 30 2021n/an/a

-US$9m

Mar 31 2021n/an/a

-US$24m

Dec 31 2020US$10mUS$514k

-US$17m

Sep 30 2020n/an/a

US$225k

Jun 30 2020n/an/a

US$24m

Mar 31 2020n/an/a

US$48m

Dec 31 2019US$11mUS$810k

US$49m

Sep 30 2019n/an/a

US$55m

Jun 30 2019n/an/a

US$56m

Mar 31 2019n/an/a

US$61m

Dec 31 2018US$10mUS$810k

US$66m

Compensation vs Market: Tony's total compensation ($USD8.96M) is above average for companies of similar size in the German market ($USD1.91M).

Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.


CEO

Tony Malkin (62 yo)

13yrs

Tenure

US$8,963,424

Compensation

Mr. Anthony E. Malkin, also known as Tony, serves as an Independent Director of APi Group Corporation since October 01, 2019. Mr. Malkin has been the Chief Executive Officer and Chairman since October 2013...


Leadership Team

NamePositionTenureCompensationOwnership
Anthony Malkin
Chairman & CEO13yrsUS$8.96m0.42%
€ 11.5m
Christina Chiu
Presidentless than a yearUS$4.69m0%
€ 0
Thomas Durels
Executive Vice President of Real Estate7yrsUS$4.73m0.053%
€ 1.5m
Stephen Horn
Executive VP3.9yrsno datano data
Aaron Ratner
Senior VP & Chief Investment Officer4.7yrsno datano data
Sandy Jacolow
Senior VP & CTO2.7yrsno datano data
Katy Malonoski
VP & Head of Investor Relations2.7yrsno datano data
Heather M. Houston
Senior VP3.4yrsno datano data
Abigail Rickards
Senior Vice President of Marketing4yrsno datano data
Ryan Kass
Senior VP & Director of Leasingno datano datano data
Fred Posniak
Senior Vice President of Leasing7.5yrsno datano data
Jeffrey Newman
Senior Vice Presidentno datano datano data

4.0yrs

Average Tenure

62yo

Average Age

Experienced Management: ES9's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anthony Malkin
Chairman & CEO14yrsUS$8.96m0.42%
€ 11.5m
Steven Gilbert
Lead Independent Director11.3yrsUS$342.54k0.012%
€ 327.6k
Peter Malkin
Chairman Emeritusno datano datano data
Thomas DeRosa
Independent Director11.3yrsUS$237.19k0%
€ 0
James Robinson
Independent Director10yrsUS$231.03k0%
€ 0
Christina Van Tassell
Independent Director1.5yrsUS$146.91kno data
R. Hood
Independent Director5yrsUS$253.53k0%
€ 0
Grant Hill
Independent Director4.2yrsUS$231.03k0%
€ 0
Salvatore Giliberto
Independent Director11.3yrsUS$336.03k0.0021%
€ 57.4k
Patricia Han
Independent Director5.3yrsUS$203.60k0%
€ 0
Hannah Yang
Independent Director1.5yrsUS$144.56kno data

7.7yrs

Average Tenure

62yo

Average Age

Experienced Board: ES9's board of directors are considered experienced (7.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 07:56
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Empire State Realty Trust, Inc. is covered by 17 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John KimBMO Capital Markets Equity Research
Jing Xian Tan BonnelBofA Global Research
Michael GormanBTIG