Empire State Realty TrustESRT +4.47%66 Quick Ratio is 0.66 as of Mar. 2026, which is 55% below its 10-year median of 1.48. 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 760 REITs companies, Empire State Realty Trust ranks worse than 61.45% on this metric.
Empire State Realty Trust has a quick ratio of 0.66. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Empire State Realty Trust's Quick Ratio or its related term are showing as below:
ESRT'
s Quick Ratio Range Over the Past 10 Years
Min: 0.66 Med: 1.48 Max: 2.45
Current: 0.66
During the past 13 years, Empire State Realty Trust's highest Quick Ratio was 2.45. The lowest was 0.66. And the median was 1.48.
ESRT's Quick Ratio is ranked worse than 61.45% of 760
companies
in the REITs industry
Industry Median: 0.87
vs ESRT: 0.66
Empire State Realty Trust (NYSE:ESRT) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Empire State Realty Trust Quick Ratio Related Terms
Empire State Realty Trust Quick Ratio 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.
For the REIT - Diversified subindustry, Empire State Realty Trust's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Empire State Realty Trust's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Empire State Realty Trust's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Empire State Realty Trust's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Quick Ratio of 0.66 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Empire State Realty Trust and its competitors. This is 55% below median its historical median of 1.48. Over the past decade, Empire State Realty Trust's Quick Ratio has ranged from 0.66 to 2.45. According to the industry distribution chart, Empire State Realty Trust ranks #467 out of 760 companies in the REITs industry, placing it in the top 61.4%.
Is Empire State Realty Trust's Quick Ratio too high?
Empire State Realty Trust's current Quick Ratio of 0.66 is 55% below median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 2.45. The REITs industry median Quick Ratio is 0.87. Empire State Realty Trust's value of 0.66 is 24.1% below this industry median. Based on the distribution chart, Empire State Realty Trust ranks #467 out of 760 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 Quick Ratio compare to SAFE and JBGS?
According to the REITs industry distribution chart, Empire State Realty Trust ranks #467 out of 760 companies for Quick Ratio. This places Empire State Realty Trust in the lower half of its industry. The industry median Quick Ratio is 0.87. Empire State Realty Trust's value of 0.66 is 24.1% below this benchmark. Historically, Empire State Realty Trust's own Quick Ratio has ranged from 0.66 to 2.45 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 0.87, 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 Quick Ratio for a REITs company?
The median Quick Ratio among REITs companies is 0.87, based on 760 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Empire State Realty Trust's current Quick Ratio of 0.66 is 24.1% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Empire State Realty Trust and its competitors. For the REITs industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire State Realty Trust's current Quick Ratio is 0.66, which is 55% below median its own 10-year median of 1.48. 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 Quick Ratio is 0.66, which is 55% below median its 10-year median of 1.48 and 24.1% below the REITs industry median of 0.87. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Empire State Realty Trust (ESRT), the current Quick Ratio is 0.66 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:
Quick Ratio: 0.66 (55% below median its 10-year median of 1.48)
GF Value™: $8.80 vs. price of $5.37 (39% below fair value)
Industry Position: 24.1% below the REITs median (#467 of 760)
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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