Empire State Realty OP LPOGCP 60 FCF Margin % is 36.21% as of Mar. 2026, which is 15% above its 10-year median of 31.57. GuruFocus rates OGCP with a GF Score™ of 60/100 and a GF Value™ of $8.91 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 936 REITs companies, Empire State Realty OP LP ranks worse than 58.44% 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 - Office subindustry, Empire State Realty OP LP'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 OP LP FCF Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Empire State Realty OP LP's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Empire State Realty OP LP'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 OP LP (OGCP) has a FCF Margin % of 36.21% 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 OP LP and its competitors. This is 15% above median its historical median of 31.57. Over the past decade, Empire State Realty OP LP's FCF Margin % has ranged from 4.92 to 34.05. According to the industry distribution chart, Empire State Realty OP LP ranks #547 out of 936 companies in the REITs industry, placing it in the top 58.4%.
Is Empire State Realty OP LP's FCF Margin % too high?
Empire State Realty OP LP's current FCF Margin % of 36.21% is 15% above median its 10-year median of 31.57. Over the past 10 years, this metric has ranged from a low of 4.92 to a high of 34.05. The REITs industry median FCF Margin % is 40.03. Empire State Realty OP LP's value of 36.21% is 9.5% below this industry median. Based on the distribution chart, Empire State Realty OP LP ranks #547 out of 936 companies in the REITs industry, which is below the industry midpoint. Overall, Empire State Realty OP LP has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Empire State Realty OP LP's FCF Margin % compare to DEI and DEA?
According to the REITs industry distribution chart, Empire State Realty OP LP ranks #547 out of 936 companies for FCF Margin %. This places Empire State Realty OP LP in the lower half of its industry. The industry median FCF Margin % is 40.03. Empire State Realty OP LP's value of 36.21% is 9.5% below this benchmark. Historically, Empire State Realty OP LP's own FCF Margin % has ranged from 4.92 to 34.05 over the past decade. While the company's 10-year median is 31.57 vs. the industry median of 40.03, Empire State Realty OP LP 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 OP LP's current FCF Margin % of 36.21% is 9.5% 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 OP LP 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 OP LP's current FCF Margin % is 36.21%, which is 15% above median its own 10-year median of 31.57. 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 $8.91, compared to a current price of $5.75 — trading 35.5% below its estimated fair value. The current FCF Margin % is 36.21%, which is 15% above median its 10-year median of 31.57 and 9.5% below the REITs industry median of 40.03. Empire State Realty OP LP's overall GF Score™ is 60/100 with 6 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 OP LP (OGCP), the current FCF Margin % is 36.21% 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 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 $5.75 is trading 35.5% below its estimated GF Value™ of $8.91.
GuruFocus considers Empire State Realty OP LP to be Possible Value Trap.
Key valuation signals for OGCP:
FCF Margin %: 36.21% (15% above median its 10-year median of 31.57)
GF Value™: $8.91 vs. price of $5.75 (35.5% below fair value)
Industry Position: 9.5% below the REITs median (#547 of 936)
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 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.
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