OGCP (Empire State Realty OP LP) EV-to-EBIT: 22.99 (As of Jul. 15, 2026) — 25% Below Median

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OGCP Empire State Realty OP LP OGCP
62 GF Score
Price $5.40
GF Value $8.92
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Empire State Realty OP LP EV-to-EBIT?

Empire State Realty OP LP OGCP 62 EV-to-EBIT is 22.99 as of Jul. 15, 2026, which is 25% below its 10-year median of 30.85. GuruFocus rates OGCP with a GF Score™ of 62/100 and a GF Value™ of $8.92 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 666 REITs companies, Empire State Realty OP LP ranks worse than 60.21% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Empire State Realty OP LP's Enterprise Value is $3,830.6 Mil. Empire State Realty OP LP's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $166.6 Mil. Therefore, Empire State Realty OP LP's EV-to-EBIT for today is 22.99.

The historical rank and industry rank for Empire State Realty OP LP's EV-to-EBIT or its related term are showing as below:

OGCP' s EV-to-EBIT Range Over the Past 10 Years
Min: 17.51   Med: 30.85   Max: 101.18
Current: 22.99

During the past 13 years, the highest EV-to-EBIT of Empire State Realty OP LP was 101.18. The lowest was 17.51. And the median was 30.85.

OGCP's EV-to-EBIT is ranked worse than
60.21% of 666 companies
in the REITs industry
Industry Median: 18.01 vs OGCP: 22.99

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Empire State Realty OP LP's Enterprise Value for the quarter that ended in Mar. 2026 was $3,784.2 Mil. Empire State Realty OP LP's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $166.6 Mil. Empire State Realty OP LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.40%.


Empire State Realty OP LP  (ARCA:OGCP) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Empire State Realty OP LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=166.644/3784.22278
=4.40 %

Empire State Realty OP LP's Enterprise Value for the quarter that ended in Mar. 2026 was $3,784.2 Mil.
Empire State Realty OP LP's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $166.6 Mil.

* 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 OP LP EV-to-EBIT Related Terms


Empire State Realty OP LP EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Empire State Realty OP LP's EV-to-EBIT 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 OP LP EV-to-EBIT Chart

Empire State Realty OP LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.55 22.98 23.85 25.32 22.52

Empire State Realty OP LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT 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 20.21 22.89 23.60 22.52 22.37

OGCP vs PDM, DEA, DEI: EV-to-EBIT Comparison

For the REIT - Office subindustry, Empire State Realty OP LP's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 OP LP EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Empire State Realty OP LP's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Empire State Realty OP LP's EV-to-EBIT falls into.


OGCP
62GF Score
Empire State Realty OP LP OGCP
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Empire State Realty OP LP EV-to-EBIT Calculation

Empire State Realty OP LP's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3830.647/166.644
=22.99

Empire State Realty OP LP's current Enterprise Value is $3,830.6 Mil.
Empire State Realty OP LP's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $166.6 Mil.

* 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 EV-to-EBIT →
What does a EV-to-EBIT of 22.99 mean?
Empire State Realty OP LP (OGCP) has a EV-to-EBIT of 22.99 as of Jul. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Empire State Realty OP LP and its competitors. This is 25% below median its historical median of 30.85. Over the past decade, Empire State Realty OP LP's EV-to-EBIT has ranged from 17.51 to 101.18. According to the industry distribution chart, Empire State Realty OP LP ranks #401 out of 666 companies in the REITs industry, placing it in the top 60.2%.
Is Empire State Realty OP LP's EV-to-EBIT too high?
Empire State Realty OP LP's current EV-to-EBIT of 22.99 is 25% below median its 10-year median of 30.85. Over the past 10 years, this metric has ranged from a low of 17.51 to a high of 101.18. The REITs industry median EV-to-EBIT is 18.01. Empire State Realty OP LP's value of 22.99 is 27.7% above this industry median. Based on the distribution chart, Empire State Realty OP LP ranks #401 out of 666 companies in the REITs industry, which is below the industry midpoint. Overall, Empire State Realty OP LP has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Empire State Realty OP LP's EV-to-EBIT compare to PDM and DEA?
According to the REITs industry distribution chart, Empire State Realty OP LP ranks #401 out of 666 companies for EV-to-EBIT. This places Empire State Realty OP LP in the lower half of its industry. The industry median EV-to-EBIT is 18.01. Empire State Realty OP LP's value of 22.99 is 27.7% above this benchmark. Historically, Empire State Realty OP LP's own EV-to-EBIT has ranged from 17.51 to 101.18 over the past decade. While the company's 10-year median is 30.85 vs. the industry median of 18.01, Empire State Realty OP LP has consistently been above 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 EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 18.01, based on 666 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Empire State Realty OP LP's current EV-to-EBIT of 22.99 is 27.7% above 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Empire State Realty OP LP and its competitors. For the REITs industry, the median EV-to-EBIT is 18.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire State Realty OP LP's current EV-to-EBIT is 22.99, which is 25% below median its own 10-year median of 30.85. 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 OP LP stock overvalued right now?
Based on GuruFocus' analysis, Empire State Realty OP LP (OGCP) is currently considered Possible Value Trap. The stock's GF Value™ is $8.92, compared to a current price of $5.40 — trading 39.5% below its estimated fair value. The current EV-to-EBIT is 22.99, which is 25% below median its 10-year median of 30.85 and 27.7% above the REITs industry median of 18.01. Empire State Realty OP LP's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Empire State Realty OP LP (OGCP), the current EV-to-EBIT is 22.99 as of Jul. 15, 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 OP LP (OGCP) Overvalued in 2026?

Based on GuruFocus' analysis, Empire State Realty OP LP stock appears to be undervalued. The current stock price of $5.40 is trading 39.5% below its estimated GF Value™ of $8.92. GuruFocus considers Empire State Realty OP LP to be Possible Value Trap.

Key valuation signals for OGCP:

  • EV-to-EBIT: 22.99 (25% below median its 10-year median of 30.85)
  • GF Value™: $8.92 vs. price of $5.40 (39.5% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 27.7% above the REITs median (#401 of 666)

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


Empire State Realty OP LP Business Description

Industry Real EstateREITs
Other Exchanges FISK:USAESBA:USA
Address 111 West 33rd Street, 12th Floor, New York, NY, USA, 10120
Empire State Realty OP LP is an NYC-focused real estate investment trust (REIT) that owns and operates a portfolio of well-leased, top-of-tier, modernized, amenitized, and well-located office, retail, and multifamily assets, conducts all of its business, and owns substantially all of its assets. The firm operates in two segments, Real Estate and Observatory. Through the Real Estate segment, it offers services related to the ownership, management, operation, acquisition, repositioning, and disposition of its real estate assets. Under the Observatory segment, it operates the two observatories of the Empire State Building. The company generates maximum revenue from the Real Estate segment.
62GF Score

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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.40
Price
$8.92
GF Value