OGCP (Empire State Realty OP LP) Total Payout Ratio: 0.65 (As of Jul. 14, 2026)

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OGCP Empire State Realty OP LP OGCP
61 GF Score
Price $5.40
GF Value $8.28
Valuation Possible Value Trap
! 6 Warning Signs
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What is Empire State Realty OP LP Total Payout Ratio?

Empire State Realty OP LP OGCP +1.89% 61 Total Payout Ratio is 0.65 as of Jul. 14, 2026. GuruFocus rates OGCP with a GF Score™ of 61/100 and a GF Value™ of $8.28 (Possible Value Trap). The stock has 6 warning signs investors should review.

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

Empire State Realty OP LP's current Total Payout Ratio is 0.65.


Empire State Realty OP LP Total Payout Ratio Related Terms


Empire State Realty OP LP Total Payout Ratio Historical Data

* Premium members only.

The historical data trend for Empire State Realty OP LP's Total Payout Ratio 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.

Empire State Realty OP LP Total Payout Ratio Chart

Empire State Realty OP LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.77 2.04 0.60 0.48 0.65

Empire State Realty OP LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Payout Ratio 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 0.62 0.86 0.72 0.30 3.22

OGCP vs PDM, DEA, DEI: Total Payout Ratio Comparison

For the REIT - Office subindustry, Empire State Realty OP LP's Total Payout Ratio, along with its competitors' market caps and Total Payout 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 OP LP Total Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Empire State Realty OP LP's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where Empire State Realty OP LP's Total Payout Ratio falls into.


OGCP
61GF Score
Empire State Realty OP LP OGCP
Total Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Empire State Realty OP LP Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

Empire State Realty OP LP's Total Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (-8.122 + 0 + -38.983) / 72.98
=0.65

Empire State Realty OP LP's Total Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (0 + 0 + -9.653) / 2.995
=3.22

* 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.

Frequently Asked Questions Learn more about Total Payout Ratio →
What does a Total Payout Ratio of 0.65 mean?
Empire State Realty OP LP (OGCP) has a Total Payout Ratio of 0.65 as of Jul. 14, 2026. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on Empire State Realty OP LP and its competitors.
Is Empire State Realty OP LP's Total Payout Ratio too high?
Empire State Realty OP LP's current Total Payout Ratio is 0.65. Overall, Empire State Realty OP LP has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Empire State Realty OP LP's Total Payout Ratio compare to PDM and DEA?
Empire State Realty OP LP's Total Payout Ratio of 0.65 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Payout Ratio for a REITs company?
A good Total Payout Ratio depends on the REITs industry context. However, Total Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Payout Ratio mean?
A high Total Payout Ratio can signal that a stock is expensive relative to its fundamentals. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on Empire State Realty OP LP and its competitors. Empire State Realty OP LP's current Total Payout Ratio is 0.65. 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 $8.28, compared to a current price of $5.40 — trading 34.8% below its estimated fair value. The current Total Payout Ratio is 0.65. Empire State Realty OP LP's overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Payout Ratio calculated?
Total Payout Ratio is calculated from a company's financial statements. For Empire State Realty OP LP (OGCP), the current Total Payout Ratio is 0.65 as of Jul. 14, 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 $5.40 is trading 34.8% below its estimated GF Value™ of $8.28. GuruFocus considers Empire State Realty OP LP to be Possible Value Trap.

Key valuation signals for OGCP:

  • Total Payout Ratio: 0.65
  • GF Value™: $8.28 vs. price of $5.40 (34.8% below fair value)
  • GF Score™: 61/100 with 6 warning signs

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 Business Description

Industry Real EstateREITs
Other Exchanges FISK:USAESBA:USA
Address 111 West 33rd Street, 12th Floor, New York, NY, USA, 10120
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.
61GF Score

Get the complete analysis for OGCP

Total Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.40
Price
$8.28
GF Value