ESRT (Empire State Realty Trust) Days Sales Outstanding: 10.41 (As of Jun. 2026) — 23% Below Median

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ESRT Empire State Realty Trust Inc ESRT
68 GF Score
Price $4.73
GF Value $8.61
Valuation Possible Value Trap
! 4 Warning Signs
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What is Empire State Realty Trust Days Sales Outstanding?

Empire State Realty Trust ESRT -1.87% 68 Days Sales Outstanding is 10.41 as of Jun. 2026, which is 23% below its 10-year median of 13.56. GuruFocus rates ESRT with a GF Score™ of 68/100 and a GF Value™ of $8.61 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 658 REITs companies, Empire State Realty Trust ranks better than 68.69% on this metric.

Empire State Realty Trust's average Accounts Receivable for the three months ended in Jun. 2026 was $22.5 Mil. Empire State Realty Trust's Revenue for the three months ended in Jun. 2026 was $196.9 Mil. Hence, Empire State Realty Trust's Days Sales Outstanding for the three months ended in Jun. 2026 was 10.41.

The historical rank and industry rank for Empire State Realty Trust's Days Sales Outstanding or its related term are showing as below:

ESRT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.03   Med: 13.56   Max: 17.04
Current: 11.43

During the past 13 years, Empire State Realty Trust's highest Days Sales Outstanding was 17.04. The lowest was 11.03. And the median was 13.56.

ESRT's Days Sales Outstanding is ranked better than
68.69% of 658 companies
in the REITs industry
Industry Median: 22.615 vs ESRT: 11.43

Empire State Realty Trust's Days Sales Outstanding declined from Jun. 2025 (13.68) to Jun. 2026 (10.41).


Empire State Realty Trust  (NYSE:ESRT) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Empire State Realty Trust Days Sales Outstanding Related Terms


Empire State Realty Trust Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Empire State Realty Trust's Days Sales Outstanding 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.

Empire State Realty Trust Days Sales Outstanding Chart

Empire State Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.07 11.03 15.78 17.04 12.71

Empire State Realty Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Sales Outstanding Get a 7-Day Free Trial 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 13.68 12.82 11.33 11.04 10.41

ESRT vs JBGS, SAFE, CTO: Days Sales Outstanding Comparison

For the REIT - Diversified subindustry, Empire State Realty Trust's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Days Sales Outstanding vs REITs Industry

For the REITs industry and Real Estate sector, Empire State Realty Trust's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Empire State Realty Trust's Days Sales Outstanding falls into.


ESRT
68GF Score
Empire State Realty Trust Inc ESRT
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Empire State Realty Trust Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Empire State Realty Trust's Days Sales Outstanding for the fiscal year that ended in Dec. 2025 is calculated as

Days Sales Outstanding (A: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (31.427 + 22.063) / 2 ) / 767.806*365
=26.745 / 767.806*365
=12.71

Empire State Realty Trust's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding (Q: Jun. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2026 ) + Accounts Receivable (A: Jun. 2026 )) / count ) / Revenue (A: Jun. 2026 )*Days in Period
=( (23.667 + 21.27) / 2 ) / 196.899*365 / 4
=22.4685 / 196.899*365 / 4
=10.41

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 10.41 mean?
Empire State Realty Trust (ESRT) has a Days Sales Outstanding of 10.41 as of Jun. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Empire State Realty Trust and its competitors. This is 23% below median its historical median of 13.56. Over the past decade, Empire State Realty Trust's Days Sales Outstanding has ranged from 11.03 to 17.04. According to the industry distribution chart, Empire State Realty Trust ranks #206 out of 658 companies in the REITs industry, placing it in the top 31.3%.
Is Empire State Realty Trust's Days Sales Outstanding too high?
Empire State Realty Trust's current Days Sales Outstanding of 10.41 is 23% below median its 10-year median of 13.56. Over the past 10 years, this metric has ranged from a low of 11.03 to a high of 17.04. The REITs industry median Days Sales Outstanding is 22.62. Empire State Realty Trust's value of 10.41 is 54% below this industry median. Based on the distribution chart, Empire State Realty Trust ranks #206 out of 658 companies in the REITs industry, which is above the industry midpoint. Overall, Empire State Realty Trust has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Empire State Realty Trust's Days Sales Outstanding compare to JBGS and SAFE?
According to the REITs industry distribution chart, Empire State Realty Trust ranks #206 out of 658 companies for Days Sales Outstanding. This puts Empire State Realty Trust in the upper half of its industry. The industry median Days Sales Outstanding is 22.62. Empire State Realty Trust's value of 10.41 is 54% below this benchmark. Historically, Empire State Realty Trust's own Days Sales Outstanding has ranged from 11.03 to 17.04 over the past decade. While the company's 10-year median is 13.56 vs. the industry median of 22.62, Empire State Realty Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a REITs company?
The median Days Sales Outstanding among REITs companies is 22.62, based on 658 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Empire State Realty Trust's current Days Sales Outstanding of 10.41 is 54% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Empire State Realty Trust and its competitors. For the REITs industry, the median Days Sales Outstanding is 22.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire State Realty Trust's current Days Sales Outstanding is 10.41, which is 23% below median its own 10-year median of 13.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire State Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Empire State Realty Trust (ESRT) is currently considered Possible Value Trap. The stock's GF Value™ is $8.61, compared to a current price of $4.73 — trading 45.1% below its estimated fair value. The current Days Sales Outstanding is 10.41, which is 23% below median its 10-year median of 13.56 and 54% below the REITs industry median of 22.62. Empire State Realty Trust's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Empire State Realty Trust (ESRT), the current Days Sales Outstanding is 10.41 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Empire State Realty Trust (ESRT) Overvalued in 2026?

Based on GuruFocus' analysis, Empire State Realty Trust stock appears to be undervalued. The current stock price of $4.73 is trading 45.1% below its estimated GF Value™ of $8.61. GuruFocus considers Empire State Realty Trust to be Possible Value Trap.

Key valuation signals for ESRT:

  • Days Sales Outstanding: 10.41 (23% below median its 10-year median of 13.56)
  • GF Value™: $8.61 vs. price of $4.73 (45.1% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 54% below the REITs median (#206 of 658)

No single metric tells the full story. See the ESRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Empire State Realty Trust Business Description

Industry Real EstateREITs
Other Exchanges ES9:Germany
Address 111 West 33rd Street, 12th Floor, New York, NY, USA, 10120
Empire State Realty Trust Inc is a real estate investment trust (REIT) that owns and operates office, retail, and multifamily properties located in New York City, prominently in Manhattan. Its portfolio includes office and retail space as well as residential units. The company's objective is to maximize cash flow and total returns to its shareholders and to increase the value of the properties. Its reportable segments consist of a real estate segment and an Observatory segment. The majority of revenue is derived from the Real Estate segment, which includes all activities related to the ownership, management, operation, acquisition, redevelopment, repositioning and disposition of its traditional real estate assets.
68GF Score

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Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.73
Price
$8.61
GF Value