ESRT Empire State Realty Trust (ESRT) Insider Trading, Ownership & Congress Trades
Real Estate · Real estate investment trusts · CIK 0001541401
Activist 13D
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
0
13F, latest reported quarter
Conversions, 180 days
1
Codes C/M, not in net · $0 priced
What the filings say about ESRT
Activist stakes (13D), 180 days
1 filing
Largest: 5.8% of the class
Empire State Realty Trust insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
No insider purchases or sales are on record for Empire State Realty Trust, Inc. in the period covered. Source: SEC Form 4 filings, as of 2026-10-28.
Insider
Filed
Shares
Value
Since filing
Context
- 5 earlier Form 4 trades (code P or S) here by this insider (5 sales), the last on Mar 21, 2025.
- The trade is 26.8% of the 44,185 shares held after it.
- No other insider sold within 30 days.
Insider activity: EVP, Real Estate Durels Thomas P. sold about $95.0K of ESRT on Mar 24, 2025.Context
- 4 earlier Form 4 trades (code P or S) here by this insider (4 sales), the last on Mar 20, 2025.
- The trade is 10.3% of the 56,028 shares held after it.
- No other insider sold within 30 days.
Insider activity: EVP, Real Estate Durels Thomas P. sold about $46.4K of ESRT on Mar 21, 2025.Context
- 3 earlier Form 4 trades (code P or S) here by this insider (3 sales), the last on Mar 19, 2025.
- The trade is 20.2% of the 61,807 shares held after it.
- No other insider sold within 30 days.
Insider activity: EVP, Real Estate Durels Thomas P. sold about $101.9K of ESRT on Mar 20, 2025, the largest insider sale at the company on our record.Context
- 2 earlier Form 4 trades (code P or S) here by this insider (2 sales), the last on Dec 24, 2024.
- The trade is 16.8% of the 74,307 shares held after it.
- No other insider sold within 30 days.
Insider activity: EVP, Real Estate Durels Thomas P. sold about $101.4K of ESRT on Mar 19, 2025, the largest insider sale at the company on our record.Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 sale), the last on Dec 18, 2024.
- The trade is 11.5% of the 86,807 shares held after it.
- No other insider sold within 30 days.
Insider activity: EVP, Real Estate Durels Thomas P. sold about $101.0K of ESRT on Dec 24, 2024, the largest insider sale at the company on our record.6 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
no insider buys or sells on file
Congress
no House purchase disclosed in the last 12 months
Funds
under five funds report holding it
Revenue
+0.0% year over year
below 66% of Real Estate
Margin
9.5% net margin
more than 53% of Real Estate
Buybacks
$8.1M repurchased, FY to 2025-12-31
below 57% of Real Estate
Short interest
9.7% of the float short (float per yahoo 2026-10-27) · 2.4 days to cover · settled 2026-10-15
The situation: each line is one rule over one dataset
Erez REIT Opportunities LP disclosed a 5%+ stake (4.4%) in the last six months.
What changed in the last 30 days
Oct 5Erez Asset Management LLC filed a 13D for 5.8%
Oct 5Bruce Schanzer filed a 13D for 5.8%
Oct 5Erez REIT Opportunities LP filed a 13D for 4.4%
Watch ESRT
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
-34.3%12M
13D/G stake
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns ESRT: institutional holders (13F)
13F holdings, latest reported quarter
SEC 13F
No reported 13F holders
No fund above the reporting threshold listed this stock last quarter. That is a fact, not missing data.
Congress trades in ESRT
No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.
Activist and 5% holders (13D/13G)
13D: intends to influence · 13G: passive
Erez REIT Opportunities LP
Activist 13D · 2026-10-05
4.4%
Erez Asset Management LLC
Activist 13D · 2026-10-05
5.8%
Bruce Schanzer
Activist 13D · 2026-10-05
5.8%
ESRT planned insider sales (Form 144)
No planned-sale notices
No insider has filed to sell. Watch this after a run-up.
Executive pay vs shareholder return · Mr. Malkin
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2023
$9.0M
$20.8M
$4.7M
-25%
-37%
2022
$8.4M
$6.5M
$3.4M
-49%
-38%
2021
$7.9M
$1.3M
$3.1M
-34%
-0%
2020
$10.1M
$10.8M
$3.4M
-32%
-18%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
An activist crossed the 5% line with declared intent.
Each figure here is a federal filing, dated the day it went public, so you can test what was knowable then.
ESRT financials
Revenue growth
0.0%
XBRL, annual
Net margin
9.5%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$784.2M
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM ESRT
| FY Dec 2025 | $768.3M |
| FY Dec 2024 | $767.9M |
| FY Dec 2023 | $739.6M |
| FY Dec 2022 | $727.0M |
| FY Dec 2021 | $624.1M |
| Jun 2026 | $196.9M |
| Mar 2026 | $190.3M |
| Dec 2025 | $199.2M |
| Sep 2025 | $197.7M |
| Jun 2025 | $191.2M |
| Mar 2025 | $180.1M |
| Dec 2024 | $197.6M |
| Sep 2024 | $199.6M |
At each fiscal year end
Single quarter
Net margin, TTM
+1.2%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM ESRT
| FY Dec 2025 | +9.5% |
| FY Dec 2024 | +10.5% |
| FY Dec 2023 | +11.4% |
| FY Dec 2022 | +8.7% |
| FY Dec 2021 | -2.1% |
| Jun 2026 | -20.1% |
| Mar 2026 | +1.6% |
| Dec 2025 | +16.1% |
| Sep 2025 | +6.9% |
| Jun 2025 | +6.0% |
| Mar 2025 | +8.8% |
| Dec 2024 | +9.5% |
| Sep 2024 | +11.4% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$103.8M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM ESRT
| FY Dec 2025 | $50.6M |
| FY Dec 2024 | n/a |
| FY Dec 2023 | $63.3M |
| FY Dec 2022 | $125.3M |
| FY Dec 2021 | -$185.9M |
| Jun 2026 | -$11.4M |
| Mar 2026 | $50.7M |
| Dec 2025 | -$8.2M |
| Sep 2025 | $72.8M |
| Jun 2025 | -$55.1M |
| Mar 2025 | $41.1M |
| Dec 2024 | $137.0M |
| Sep 2024 | -$65.1M |
At each fiscal year end
Single quarter
Debt to equity
0.58x
long-term debt only, 2019-09-30 (82 months older than the period end); equity 2026-06-30
Debt to equity ESRT
| FY Dec 2025 | 0.57x |
| FY Dec 2024 | 0.59x |
| FY Dec 2023 | 0.62x |
| FY Dec 2022 | 0.64x |
| FY Dec 2021 | 0.61x |
| Jun 2026 | 0.58x |
| Mar 2026 | 0.57x |
| Dec 2025 | 0.57x |
| Sep 2025 | 0.58x |
| Jun 2025 | 0.58x |
| Mar 2025 | 0.59x |
| Dec 2024 | 0.59x |
| Sep 2024 | 0.60x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.38x
TTM operating cash flow over long-term debt only, 2019-09-30 (82 months older than the period end)
Cash flow to debt ESRT
| FY Dec 2025 | 0.41x |
| FY Dec 2024 | 0.43x |
| FY Dec 2023 | 0.38x |
| FY Dec 2022 | 0.35x |
| FY Dec 2021 | 0.35x |
| Jun 2026 | 0.38x |
| Mar 2026 | 0.39x |
| Dec 2025 | 0.41x |
| Sep 2025 | 0.44x |
| Jun 2025 | 0.43x |
| Mar 2025 | 0.45x |
| Dec 2024 | 0.43x |
| Sep 2024 | 0.41x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+0.9%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity ESRT
| FY Dec 2025 | +7.0% |
| FY Dec 2024 | +8.0% |
| FY Dec 2023 | +8.7% |
| FY Dec 2022 | +6.5% |
| FY Dec 2021 | -1.3% |
| Jun 2026 | +0.9% |
| Mar 2026 | +5.7% |
| Dec 2025 | +7.0% |
| Sep 2025 | +5.8% |
| Jun 2025 | +6.7% |
| Mar 2025 | +8.5% |
| Dec 2024 | +8.0% |
| Sep 2024 | +7.7% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+0.2%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets ESRT
| FY Dec 2025 | +1.6% |
| FY Dec 2024 | +1.8% |
| FY Dec 2023 | +2.0% |
| FY Dec 2022 | +1.5% |
| FY Dec 2021 | -0.3% |
| Jun 2026 | +0.2% |
| Mar 2026 | +1.4% |
| Dec 2025 | +1.6% |
| Sep 2025 | +1.4% |
| Jun 2025 | +1.6% |
| Mar 2025 | +2.1% |
| Dec 2024 | +1.8% |
| Sep 2024 | +1.8% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
-2.0%
operating income after a 8.6% effective tax rate, over long-term debt only, 2019-09-30 (82 months older than the period end) plus average of 2025-06-30 and 2026-06-30 minus cash
Return on invested capital ESRT
| FY Dec 2025 | +9.4% |
| FY Dec 2024 | +12.3% |
| FY Dec 2023 | +11.2% |
| FY Dec 2022 | +10.0% |
| FY Dec 2021 | n/a |
| Jun 2026 | -2.0% |
| Mar 2026 | +8.8% |
| Dec 2025 | +9.4% |
| Sep 2025 | +10.2% |
| Jun 2025 | +10.9% |
| Mar 2025 | +10.9% |
| Dec 2024 | +12.3% |
| Sep 2024 | +12.3% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
n/a
assets or current liabilities not filed
Return on capital employed ESRT
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
252.00x
close 2026-10-26 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
P/E, trailing ESRT
| FY Dec 2025 | 26.08x |
| FY Dec 2024 | 38.22x |
| FY Dec 2023 | 32.30x |
| FY Dec 2022 | 30.64x |
| FY Dec 2021 | n/a |
| Jun 2026 | 270.50x |
| Mar 2026 | 24.76x |
| Dec 2025 | 26.08x |
| Sep 2025 | 38.30x |
| Jun 2025 | 35.17x |
| Mar 2025 | 26.97x |
| Dec 2024 | 38.22x |
| Sep 2024 | 42.62x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
n/a
no share count filed
Enterprise value ESRT
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
n/a
no share count filed
FCF yield ESRT
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
trailing EPS growth -91%, PEG needs growth
PEG, trailing ESRT
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | 0.89x |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $768.3M | $767.9M | $739.6M | $727.0M |
| Operating income | $135.6M | $158.7M | $146.7M | $127.0M |
| Net income | $73.0M | $80.4M | $84.4M | $63.2M |
| EPS (diluted) | 0.25 | 0.28 | 0.30 | 0.22 |
| Operating cash flow | $249.1M | $260.9M | $232.5M | $211.2M |
| Cash | $132.7M | $385.5M | $346.6M | $264.4M |
| Buybacks | $8.1M | $0 | $13.1M | $90.2M |
| Dividends paid | $23.7M | $23.2M | $22.7M | $23.1M |
SEC XBRL, fiscal years, as known on 2026-10-28
ESRT Stock Sonar score 4/7 axes
Find similar shapesCompareESRT ranks highest on financial health (80th percentile) and growth (34th), and lowest on risk and compliance (26th), among Real Estate peers.
4 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
ESRT filings, in plain words
Read the full summary
1 activist Schedule 13D filing in the last 180 days declared an intent to influence the company, the largest for 5.8% of the class. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.
Explore insider trading and ownership data
Every company we track, ranked by each kind of filing
