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Empire State Realty Trust (Empire State Realty Trust) Enterprise Value : $3,458.6 Mil (As of Apr. 30, 2024)


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What is Empire State Realty Trust Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Empire State Realty Trust's Enterprise Value is $3,458.6 Mil. Empire State Realty Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $187.5 Mil. Therefore, Empire State Realty Trust's EV-to-EBIT ratio for today is 18.44.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Empire State Realty Trust's Enterprise Value is $3,458.6 Mil. Empire State Realty Trust's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $380.0 Mil. Therefore, Empire State Realty Trust's EV-to-EBITDA ratio for today is 9.10.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Empire State Realty Trust's Enterprise Value is $3,458.6 Mil. Empire State Realty Trust's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $756.1 Mil. Therefore, Empire State Realty Trust's EV-to-Revenue ratio for today is 4.57.


Empire State Realty Trust Enterprise Value Historical Data

The historical data trend for Empire State Realty Trust's Enterprise Value 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 Enterprise Value Chart

Empire State Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,722.57 3,914.08 4,115.91 3,825.10 4,247.81

Empire State Realty Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value 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 3,776.56 3,906.87 3,967.63 4,247.81 3,596.52

Competitive Comparison of Empire State Realty Trust's Enterprise Value

For the REIT - Diversified subindustry, Empire State Realty Trust's Enterprise Value, along with its competitors' market caps and Enterprise Value 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's Enterprise Value Distribution in the REITs Industry

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

* The bar in red indicates where Empire State Realty Trust's Enterprise Value falls into.



Empire State Realty Trust Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Empire State Realty Trust's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Empire State Realty Trust's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* 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  (NYSE:ESRT) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Empire State Realty Trust's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3458.636/187.515
=18.44

Empire State Realty Trust's current Enterprise Value is $3,458.6 Mil.
Empire State Realty Trust's EBIT 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 $187.5 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Empire State Realty Trust's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3458.636/380.014
=9.10

Empire State Realty Trust's current Enterprise Value is $3,458.6 Mil.
Empire State Realty Trust's EBITDA 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 $380.0 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Empire State Realty Trust's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3458.636/756.129
=4.57

Empire State Realty Trust's current Enterprise Value is $3,458.6 Mil.
Empire State Realty Trust's Revenue 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 $756.1 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 Trust Enterprise Value Related Terms

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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