Empire State Realty TrustESRT +4.47%66 FCF Margin % is 36.47% as of Mar. 2026, which is 14% above its 10-year median of 32.03. GuruFocus rates ESRT with a GF Score™ of 66/100 and a GF Value™ of $8.80 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 936 REITs companies, Empire State Realty Trust ranks worse than 58.23% on this metric.
* 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.
For the REIT - Diversified subindustry, Empire State Realty Trust's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Empire State Realty Trust's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Empire State Realty Trust's FCF Margin % falls into.
* 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 (ESRT) has a FCF Margin % of 36.47% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Empire State Realty Trust and its competitors. This is 14% above median its historical median of 32.03. Over the past decade, Empire State Realty Trust's FCF Margin % has ranged from 27.90 to 39.26. According to the industry distribution chart, Empire State Realty Trust ranks #545 out of 936 companies in the REITs industry, placing it in the top 58.2%.
Is Empire State Realty Trust's FCF Margin % too high?
Empire State Realty Trust's current FCF Margin % of 36.47% is 14% above median its 10-year median of 32.03. Over the past 10 years, this metric has ranged from a low of 27.90 to a high of 39.26. The REITs industry median FCF Margin % is 40.03. Empire State Realty Trust's value of 36.47% is 8.9% below this industry median. Based on the distribution chart, Empire State Realty Trust ranks #545 out of 936 companies in the REITs industry, which is below the industry midpoint. Overall, Empire State Realty Trust has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Empire State Realty Trust's FCF Margin % compare to SAFE and JBGS?
According to the REITs industry distribution chart, Empire State Realty Trust ranks #545 out of 936 companies for FCF Margin %. This places Empire State Realty Trust in the lower half of its industry. The industry median FCF Margin % is 40.03. Empire State Realty Trust's value of 36.47% is 8.9% below this benchmark. Historically, Empire State Realty Trust's own FCF Margin % has ranged from 27.90 to 39.26 over the past decade. While the company's 10-year median is 32.03 vs. the industry median of 40.03, 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 FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.03, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Empire State Realty Trust's current FCF Margin % of 36.47% is 8.9% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Empire State Realty Trust and its competitors. For the REITs industry, the median FCF Margin % is 40.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire State Realty Trust's current FCF Margin % is 36.47%, which is 14% above median its own 10-year median of 32.03. 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 $8.80, compared to a current price of $5.37 — trading 39% below its estimated fair value. The current FCF Margin % is 36.47%, which is 14% above median its 10-year median of 32.03 and 8.9% below the REITs industry median of 40.03. Empire State Realty Trust's overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Empire State Realty Trust (ESRT), the current FCF Margin % is 36.47% as of Mar. 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 $5.37 is trading 39% below its estimated GF Value™ of $8.80.
GuruFocus considers Empire State Realty Trust to be Possible Value Trap.
Key valuation signals for ESRT:
FCF Margin %: 36.47% (14% above median its 10-year median of 32.03)
GF Value™: $8.80 vs. price of $5.37 (39% below fair value)
Industry Position: 8.9% below the REITs median (#545 of 936)
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 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.
66GF Score
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