Empire State Realty OP LPOGCP 60 OCF Margin % is 36.21% as of Mar. 2026, which is 14% above its 10-year median of 31.76. 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 67.74% 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 OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Empire State Realty OP LP's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Empire State Realty OP LP's OCF 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 OCF Margin % of 36.21% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Empire State Realty OP LP and its competitors. This is 14% above median its historical median of 31.76. Over the past decade, Empire State Realty OP LP's OCF Margin % has ranged from 27.37 to 38.14. According to the industry distribution chart, Empire State Realty OP LP ranks #634 out of 936 companies in the REITs industry, placing it in the top 67.7%.
Is Empire State Realty OP LP's OCF Margin % too high?
Empire State Realty OP LP's current OCF Margin % of 36.21% is 14% above median its 10-year median of 31.76. Over the past 10 years, this metric has ranged from a low of 27.37 to a high of 38.14. The REITs industry median OCF Margin % is 49.54. Empire State Realty OP LP's value of 36.21% is 26.9% below this industry median. Based on the distribution chart, Empire State Realty OP LP ranks #634 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 OCF Margin % compare to DEI and DEA?
According to the REITs industry distribution chart, Empire State Realty OP LP ranks #634 out of 936 companies for OCF Margin %. This places Empire State Realty OP LP in the lower half of its industry. The industry median OCF Margin % is 49.54. Empire State Realty OP LP's value of 36.21% is 26.9% below this benchmark. Historically, Empire State Realty OP LP's own OCF Margin % has ranged from 27.37 to 38.14 over the past decade. While the company's 10-year median is 31.76 vs. the industry median of 49.54, 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 OCF Margin % for a REITs company?
The median OCF Margin % among REITs companies is 49.54, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF 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 OCF Margin % of 36.21% is 26.9% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Empire State Realty OP LP and its competitors. For the REITs industry, the median OCF Margin % is 49.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire State Realty OP LP's current OCF Margin % is 36.21%, which is 14% above median its own 10-year median of 31.76. 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 OCF Margin % is 36.21%, which is 14% above median its 10-year median of 31.76 and 26.9% below the REITs industry median of 49.54. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Empire State Realty OP LP (OGCP), the current OCF 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:
OCF Margin %: 36.21% (14% above median its 10-year median of 31.76)
GF Value™: $8.91 vs. price of $5.75 (35.5% below fair value)
Industry Position: 26.9% below the REITs median (#634 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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