Empire State Realty OP Past Earnings Performance
Past criteria checks 1/6
Empire State Realty OP's earnings have been declining at an average annual rate of -1%, while the REITs industry saw earnings growing at 8.3% annually. Revenues have been growing at an average rate of 0.9% per year. Empire State Realty OP's return on equity is 4.8%, and it has net margins of 10.4%.
Key information
-1.0%
Earnings growth rate
3.2%
EPS growth rate
| REITs Industry Growth | 19.4% |
| Revenue growth rate | 0.9% |
| Return on equity | 4.8% |
| Net Margin | 10.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Empire State Realty OP makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 756 | 79 | 64 | 0 |
| 31 Dec 23 | 740 | 80 | 64 | 0 |
| 30 Sep 23 | 728 | 86 | 64 | 0 |
| 30 Jun 23 | 720 | 77 | 64 | 0 |
| 31 Mar 23 | 709 | 88 | 64 | 0 |
| 31 Dec 22 | 707 | 59 | 62 | 0 |
| 30 Sep 22 | 686 | 33 | 59 | 0 |
| 30 Jun 22 | 656 | 12 | 58 | 0 |
| 31 Mar 22 | 627 | -32 | 56 | 0 |
| 31 Dec 21 | 608 | -18 | 56 | 0 |
| 30 Sep 21 | 591 | -13 | 56 | 0 |
| 30 Jun 21 | 584 | -15 | 56 | 0 |
| 31 Mar 21 | 574 | -39 | 60 | 0 |
| 31 Dec 20 | 600 | -28 | 62 | 0 |
| 30 Sep 20 | 650 | 0 | 65 | 0 |
| 30 Jun 20 | 694 | 40 | 65 | 0 |
| 31 Mar 20 | 730 | 79 | 63 | 0 |
| 31 Dec 19 | 727 | 82 | 61 | 0 |
| 30 Sep 19 | 714 | 94 | 58 | 0 |
| 30 Jun 19 | 709 | 96 | 57 | 0 |
| 31 Mar 19 | 711 | 107 | 54 | 0 |
| 31 Dec 18 | 711 | 115 | 53 | 0 |
| 30 Sep 18 | 709 | 108 | 53 | 0 |
| 30 Jun 18 | 709 | 114 | 53 | 0 |
| 31 Mar 18 | 706 | 115 | 52 | 0 |
| 31 Dec 17 | 696 | 117 | 50 | 0 |
| 30 Sep 17 | 688 | 117 | 50 | 0 |
| 30 Jun 17 | 679 | 115 | 49 | 0 |
| 31 Mar 17 | 670 | 108 | 49 | 0 |
| 31 Dec 16 | 670 | 106 | 49 | 0 |
| 30 Sep 16 | 662 | 92 | 45 | 0 |
| 30 Jun 16 | 659 | 85 | 44 | 0 |
| 31 Mar 16 | 658 | 87 | 40 | 0 |
| 31 Dec 15 | 653 | 78 | 38 | 0 |
| 30 Sep 15 | 660 | 70 | 53 | 0 |
| 30 Jun 15 | 657 | 67 | 55 | 0 |
| 31 Mar 15 | 647 | 66 | 60 | 0 |
| 31 Dec 14 | 629 | 69 | 39 | 0 |
| 30 Sep 14 | 610 | 244 | 51 | 0 |
| 30 Jun 14 | 510 | 224 | 49 | 0 |
| 31 Mar 14 | 420 | 202 | 41 | 0 |
| 31 Dec 13 | 349 | 193 | 40 | 0 |
| 30 Sep 13 | 284 | 29 | 38 | 0 |
Quality Earnings: OGCP has high quality earnings.
Growing Profit Margin: OGCP's current net profit margins (10.4%) are lower than last year (12.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OGCP's earnings have declined by 1% per year over the past 5 years.
Accelerating Growth: OGCP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: OGCP had negative earnings growth (-10.9%) over the past year, making it difficult to compare to the REITs industry average (17%).
Return on Equity
High ROE: OGCP's Return on Equity (4.8%) is considered low.