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Empire State Realty Trust (Empire State Realty Trust) Price-to-Free-Cash-Flow

: 10.18 (As of Today)
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As of today (2024-04-18), Empire State Realty Trust's share price is $8.92. Empire State Realty Trust's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.88. Hence, Empire State Realty Trust's Price-to-Free-Cash-Flow Ratio for today is 10.18.

The historical rank and industry rank for Empire State Realty Trust's Price-to-Free-Cash-Flow or its related term are showing as below:

ESRT' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 6.45   Med: 16.76   Max: 58.92
Current: 10.25

During the past 13 years, Empire State Realty Trust's highest Price-to-Free-Cash-Flow Ratio was 58.92. The lowest was 6.45. And the median was 16.76.

ESRT's Price-to-Free-Cash-Flow is ranked better than
59.43% of 700 companies
in the REITs industry
Industry Median: 11.91 vs ESRT: 10.25

Empire State Realty Trust's Free Cash Flow per Share for the three months ended in Dec. 2023 was $0.14. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $0.88.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Empire State Realty Trust was 11.90% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 10.90% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -0.50% per year.

During the past 13 years, Empire State Realty Trust's highest 3-Year average Free Cash Flow per Share Growth Rate was 72.60% per year. The lowest was -9.50% per year. And the median was 3.25% per year.


Empire State Realty Trust Price-to-Free-Cash-Flow Historical Data

The historical data trend for Empire State Realty Trust's Price-to-Free-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Empire State Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.87 14.52 11.62 8.62 11.07

Empire State Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.62 7.53 8.54 9.16 11.07

Competitive Comparison

For the REIT - Diversified subindustry, Empire State Realty Trust's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Empire State Realty Trust Price-to-Free-Cash-Flow Distribution

For the REITs industry and Real Estate sector, Empire State Realty Trust's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Empire State Realty Trust's Price-to-Free-Cash-Flow falls into.



Empire State Realty Trust Price-to-Free-Cash-Flow Calculation

Empire State Realty Trust's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=8.92/0.876
=10.18

Empire State Realty Trust's Share Price of today is $8.92.
Empire State Realty Trust's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.88.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Empire State Realty Trust  (NYSE:ESRT) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Empire State Realty Trust Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Empire State Realty Trust's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Empire State Realty Trust (Empire State Realty Trust) Business Description

Traded in Other Exchanges
Address
111 West 33rd Street, 12th Floor, New York, NY, USA, 10120
Empire State Realty Trust operates as a pure-play greater New York and Manhattan-focused REIT, featuring its landmark Empire State Building office and observation deck. The company owns and operates around 9.4 million square feet of office space, about 80% of which is located in Manhattan.
Executives
Hannah Y Yang director C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120
Tassell Christina Van director C/O 111 RIVER STREET, HOBOKEN NJ 07030
Stephen Horn officer: Chief Accounting Officer 255 WEST 94TH STREET, NEW YORK NY 10025
Grant Hill director 121 ORANGE AVE, SUITE 1500, ORLANDO FL 32801
Robert Paige Hood director C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120
Christina Chiu officer: EVP and CFO C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120
Patricia Han director 600 OFFICE CENTER DRIVE, FORT WASHINGTON PA 19034
David A Karp director, officer: EVP and CFO C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, NEW YORK NY 10120
Quark Holding Llc 10 percent owner P.O. BOX 23224 OOREDOO TOWER, DIPLOMATIC AREA STREET, WEST BAY, DOHA S3 S3
Thomas J Derosa director C/O WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Salvatore Michael Giliberto director C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120
Steven J Gilbert director 540 MADISON AVE, 40TH FL, NEW YORK NY 10022
Robinson James D Iv director 130 EAST 59TH STREET, NEW YORK NY 10022
William H Berkman director 650 MADISON AVE, 25TH FL, NEW YORK NY 10022
Leslie D. Biddle director 111 WEST 33RD STREET 12TH FLOOR, NEW YORK NY 10120