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Empire State Realty OP LP (Empire State Realty OP LP) Enterprise Value : $4,373.0 Mil (As of Apr. 29, 2024)


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What is Empire State Realty OP LP 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 OP LP's Enterprise Value is $4,373.0 Mil. Empire State Realty OP LP's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $187.5 Mil. Therefore, Empire State Realty OP LP's EV-to-EBIT ratio for today is 23.32.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Empire State Realty OP LP's Enterprise Value is $4,373.0 Mil. Empire State Realty OP LP's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $380.3 Mil. Therefore, Empire State Realty OP LP's EV-to-EBITDA ratio for today is 11.50.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Empire State Realty OP LP's Enterprise Value is $4,373.0 Mil. Empire State Realty OP LP's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $756.1 Mil. Therefore, Empire State Realty OP LP's EV-to-Revenue ratio for today is 5.78.


Empire State Realty OP LP Enterprise Value Historical Data

The historical data trend for Empire State Realty OP LP'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 OP LP Enterprise Value Chart

Empire State Realty OP LP 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 5,593.39 4,220.41 4,398.24 3,795.68 4,484.66

Empire State Realty OP LP 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 3,760.36 3,963.26 4,099.94 4,484.66 4,600.65

Competitive Comparison of Empire State Realty OP LP's Enterprise Value

For the REIT - Office subindustry, Empire State Realty OP LP'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 OP LP's Enterprise Value Distribution in the REITs Industry

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

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



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

Empire State Realty OP LP'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 OP LP  (ARCA:ESBA) 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 OP LP's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4373.014/187.515
=23.32

Empire State Realty OP LP's current Enterprise Value is $4,373.0 Mil.
Empire State Realty OP LP'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 OP LP's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=4373.014/380.26
=11.50

Empire State Realty OP LP's current Enterprise Value is $4,373.0 Mil.
Empire State Realty OP LP'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 $380.3 Mil.

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

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

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=4373.014/756.129
=5.78

Empire State Realty OP LP's current Enterprise Value is $4,373.0 Mil.
Empire State Realty OP LP'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 OP LP Enterprise Value Related Terms

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Empire State Realty OP LP (Empire State Realty OP LP) Business Description

Traded in Other Exchanges
Address
111 West 33rd Street, 12th Floor, New York, NY, USA, 10120
Empire State Realty OP LP is the operating partner of Empire State Realty Inc. The company along with its partner manages, operates, acquires and repositions properties in Manhattan and the greater New York metropolitan area. 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.