Empire State Realty OP LPOGCP 60 ROE % is 0.66% as of Mar. 2026, which is 88% below its 10-year median of 5.45. 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 933 REITs companies, Empire State Realty OP LP ranks worse than 67.42% on this metric.
The historical rank and industry rank for Empire State Realty OP LP's ROE % or its related term are showing as below:
OGCP'
s ROE % Range Over the Past 10 Years
Min: -1.24 Med: 5.45 Max: 9.45
Current: 3.34
During the past 13 years, Empire State Realty OP LP's highest ROE % was 9.45%. The lowest was -1.24%. And the median was 5.45%.
OGCP's ROE % is ranked worse than 67.42% of 933
companies
in the REITs industry
Industry Median: 6.15
vs OGCP: 3.34
Empire State Realty OP LP (ARCA:OGCP) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
* 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 ROE %, along with its competitors' market caps and ROE % 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 ROE % vs REITs Industry
For the REITs industry and Real Estate sector, Empire State Realty OP LP's ROE % distribution charts can be found below:
* The bar in red indicates where Empire State Realty OP LP's ROE % 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Empire State Realty OP LP (OGCP) has a ROE % of 0.66% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Empire State Realty OP LP and its competitors. This is 88% below median its historical median of 5.45. According to the industry distribution chart, Empire State Realty OP LP ranks #629 out of 933 companies in the REITs industry, placing it in the top 67.4%.
Is Empire State Realty OP LP's ROE % too high?
Empire State Realty OP LP's current ROE % of 0.66% is 88% below median its 10-year median of 5.45. The REITs industry median ROE % is 6.15. Empire State Realty OP LP's value of 0.66% is 89.3% below this industry median. Based on the distribution chart, Empire State Realty OP LP ranks #629 out of 933 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 ROE % compare to DEI and DEA?
According to the REITs industry distribution chart, Empire State Realty OP LP ranks #629 out of 933 companies for ROE %. This places Empire State Realty OP LP in the lower half of its industry. The industry median ROE % is 6.15. Empire State Realty OP LP's value of 0.66% is 89.3% below this benchmark. While the company's 10-year median is 5.45 vs. the industry median of 6.15, 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 ROE % for a REITs company?
The median ROE % among REITs companies is 6.15, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Empire State Realty OP LP's current ROE % of 0.66% is 89.3% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Empire State Realty OP LP and its competitors. For the REITs industry, the median ROE % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire State Realty OP LP's current ROE % is 0.66%, which is 88% below median its own 10-year median of 5.45. 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 ROE % is 0.66%, which is 88% below median its 10-year median of 5.45 and 89.3% below the REITs industry median of 6.15. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Empire State Realty OP LP (OGCP), the current ROE % 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 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:
ROE %: 0.66% (88% below median its 10-year median of 5.45)
GF Value™: $8.91 vs. price of $5.75 (35.5% below fair value)
Industry Position: 89.3% below the REITs median (#629 of 933)
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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