Company / Operating Margin
Empire State Realty OP, L.P. Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
17.7%
FY2025
5-year range
17.5% / 21.1%
FY2021-FY2025
Trend
-14.6%
vs FY2024
Sector context
#43 of 70
Real Estate
What the data says
At 17.7%, Empire State Realty OP, L.P.'s operating margin ranks #43 of 70 in the Real Estate sector. Operating Margin has fluctuated over the past 10 years, ranging from 17.5% in FY2022 to 27.2% in FY2017.
Based on SEC 10-K filings.
17.7% in FY2025 with a 5-year CAGR of -8.4%.
Declined from 19.8% to 17.7% over the past 2 years.
Real Estate sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +0.2pp
- 5-Year Change
- -8.4pp
- 10-Year Change
- -
Sector benchmark
#43 of 70 in Real EstateTop 61% of 70This company 17.7% Sector average 27.4%
▼
-35.6% below sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 14.6% year-over-year.
- Currently 9.7pp below the Real Estate sector average.
- Peak operating margin was recorded in FY2017.
- Lowest operating margin in the period was in FY2022.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 17.7% | -14.6% |
| FY2024 | 20.7% | +4.2% |
| FY2023 | 19.8% | +13.6% |
| FY2022 | 17.5% | -17.4% |
| FY2021 | 21.1% | -18.9% |
| FY2020 | 26.1% | +23.4% |
| FY2019 | 21.1% | -22.1% |
| FY2018 | 27.2% | -0.1% |
| FY2017 | 27.2% | +22.3% |
| FY2016 | 22.2% | -14.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026