tradmap

FISK Financials Empire State Realty OP, L.P.

14 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 1.9% per year over the past 5 years.
  • Free cash flow has grown 23.0% per year over the past 5 years.

Financial health

  • Total debt has grown slower than revenue (-9.3% vs 1.9% per year).
  • Operating income covered interest expense 1.3× in the latest year, up from 0.7× 5 years ago.

Shareholder returns

  • Dividends have been paid for 12 consecutive years, consuming 53.4% of earnings.
  • The dividend has declined 8.5% per year over the past 5 years.
Revenue & net income
-$23M $372M $767M $0 2011 2014 2016 2018 2020 2022 2024
RevenueNet income
Margins (gross / operating / net)
0% 10% 21% 2011 2014 2016 2018 2020 2022 2024
GrossOperatingNet
Free cash flow (CFO − capex)
-$359M -$117M $125M $0 2011 2014 2016 2018 2020 2022 2024
Free cash flow
Cash vs total debt
$0 $449M $899M 2011 2014 2016 2018 2020 2022 2024
CashTotal debt
Cash flow: operating / investing / financing
-$643M -$86M $471M $0 2011 2014 2016 2018 2020 2022 2024
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $767M $73M 0.0% 17.7% $133M
2024 $767M $80M 0.0% 20.7% $385M
2023 $738M $84M 0.0% 19.9% $63M $347M
2022 $726M $63M 0.0% 17.5% $125M $264M
2021 -$13M -$186M $424M
2020 -$23M $78M $527M
2019 $84M -$23M $234M
2018 $117M $23M $609M $205M
2017 $118M -$34M $717M $464M
2016 $107M $17M $759M $554M
2015 $80M $46M $748M $47M
2014 $70M -$359M $899M $46M
2012 $49M
2011 $57M

Valuation over time

How the market has priced FISK against its own fundamentals since 2023-04 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 20.4 40.8 Apr '23 Sep '23 Jan '24 Jul '24 Nov '24 May '25 Oct '25 Mar '26
P/E
Price / sales (P/S)
0.0 2.0 4.0 Apr '23 Sep '23 Jan '24 Jul '24 Nov '24 May '25 Oct '25 Mar '26
P/S
Dividend yield (%)
0.0 1.4 2.9 Apr '23 Sep '23 Jan '24 Jul '24 Nov '24 May '25 Oct '25 Mar '26
Dividend yield %

Frequently asked questions

Is FISK growing its revenue and profit?

Over the past 5 years, Empire State Realty OP, L.P.'s revenue has grown 1.9% per year. These are computed facts, not advice.

How much debt does FISK have?

As of FY2025, Empire State Realty OP, L.P. reported — of total debt against $133M of cash; operating income covered interest expense 1.3×.

What is FISK's profit margin?

In FY2025, gross margin was —, operating margin 17.7%, and net margin 9.5%.

What is FISK's P/E ratio?

As of Jun '26, Empire State Realty OP, L.P. traded at a price-to-earnings ratio of about 18.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.