Empire State Realty TrustESRT +4.47%66 Interest Coverage is 1.00 as of Mar. 2026, which is 30% below its 10-year median of 1.43. 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 700 REITs companies, Empire State Realty Trust ranks worse than 83.29% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Empire State Realty Trust's
Operating Income
for the
three
months ended in Mar. 2026 was $28.1 Mil. Empire State Realty Trust's Interest Expense for the
three
months ended in Mar. 2026 was $-28.1 Mil.
Empire State Realty Trust's interest coverage for the quarter that ended in Mar. 2026 was 1.00.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Empire State Realty Trust Inc interest coverage is 1.32, which is low.
The historical rank and industry rank for Empire State Realty Trust's Interest Coverage or its related term are showing as below:
ESRT'
s Interest Coverage Range Over the Past 10 Years
Min: 0.62 Med: 1.43 Max: 2.62
Current: 1.32
ESRT's Interest Coverage is ranked worse than 83.29% of 700
companies
in the REITs industry
Industry Median: 3.095
vs ESRT: 1.32
Empire State Realty Trust (NYSE:ESRT) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Empire State Realty Trust Interest Coverage Related Terms
Empire State Realty Trust Interest Coverage Historical Data
* 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
ESRT vs SAFE, JBGS, CTO: Interest Coverage Comparison
For the REIT - Diversified subindustry, Empire State Realty Trust's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs REITs Industry
For the REITs industry and Real Estate sector, Empire State Realty Trust's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Empire State Realty Trust's Interest Coverage falls into.
Empire State Realty Trust Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 Interest Coverage of 1.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Empire State Realty Trust and its competitors. This is 30% below median its historical median of 1.43. Over the past decade, Empire State Realty Trust's Interest Coverage has ranged from 0.62 to 2.62. According to the industry distribution chart, Empire State Realty Trust ranks #583 out of 700 companies in the REITs industry, placing it in the top 83.3%.
Is Empire State Realty Trust's Interest Coverage too high?
Empire State Realty Trust's current Interest Coverage of 1.00 is 30% below median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 2.62. The REITs industry median Interest Coverage is 3.10. Empire State Realty Trust's value of 1.00 is 67.7% below this industry median. Based on the distribution chart, Empire State Realty Trust ranks #583 out of 700 companies in the REITs industry, which is in the bottom quartile relative to peers. 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 Interest Coverage compare to SAFE and JBGS?
According to the REITs industry distribution chart, Empire State Realty Trust ranks #583 out of 700 companies for Interest Coverage. This places Empire State Realty Trust in the lower half of its industry. The industry median Interest Coverage is 3.10. Empire State Realty Trust's value of 1.00 is 67.7% below this benchmark. Historically, Empire State Realty Trust's own Interest Coverage has ranged from 0.62 to 2.62 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 3.10, 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 Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.10, based on 700 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Empire State Realty Trust's current Interest Coverage of 1.00 is 67.7% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Empire State Realty Trust and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire State Realty Trust's current Interest Coverage is 1.00, which is 30% below median its own 10-year median of 1.43. 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 Interest Coverage is 1.00, which is 30% below median its 10-year median of 1.43 and 67.7% below the REITs industry median of 3.10. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Empire State Realty Trust (ESRT), the current Interest Coverage is 1.00 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:
Interest Coverage: 1.00 (30% below median its 10-year median of 1.43)
GF Value™: $8.80 vs. price of $5.37 (39% below fair value)
Industry Position: 67.7% below the REITs median (#583 of 700)
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
Get the complete analysis for ESRT
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