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Empire State Realty OP LP (Empire State Realty OP LP) Pretax Margin % : 9.14% (As of Dec. 2023)


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What is Empire State Realty OP LP Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Empire State Realty OP LP's Pre-Tax Income for the three months ended in Dec. 2023 was $17.6 Mil. Empire State Realty OP LP's Revenue for the three months ended in Dec. 2023 was $192.9 Mil. Therefore, Empire State Realty OP LP's pretax margin for the quarter that ended in Dec. 2023 was 9.14%.

The historical rank and industry rank for Empire State Realty OP LP's Pretax Margin % or its related term are showing as below:

OGCP' s Pretax Margin % Range Over the Past 10 Years
Min: -4.9   Med: 11.82   Max: 17.61
Current: 11.4


OGCP's Pretax Margin % is ranked worse than
64.98% of 791 companies
in the REITs industry
Industry Median: 33.84 vs OGCP: 11.40

Empire State Realty OP LP Pretax Margin % Historical Data

The historical data trend for Empire State Realty OP LP's Pretax Margin % 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 Pretax Margin % Chart

Empire State Realty OP LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.86 -4.90 -2.37 8.91 11.78

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
Pretax Margin % 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 6.36 19.78 11.14 9.14 5.28

Competitive Comparison of Empire State Realty OP LP's Pretax Margin %

For the REIT - Office subindustry, Empire State Realty OP LP's Pretax Margin %, along with its competitors' market caps and Pretax 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's Pretax Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Empire State Realty OP LP's Pretax Margin % falls into.



Empire State Realty OP LP Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=87.122/739.572
=11.78 %

Empire State Realty OP LP's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=17.622/192.882
=9.14 %

* 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:OGCP) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Empire State Realty OP LP Pretax Margin % 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.