Empire State Realty Trust, Inc. Capital Expenditures History
ESRT / Real Estate|8 years of SEC 10-K data (FY2016-FY2023)
$169M in FY2023 with a 5-year CAGR of -8.0%.
Declined from $398M to $169M over the past 2 years.
At $169M, Empire State Realty Trust, Inc.'s capital expenditures ranks #19 of 38 in the Real Estate sector. Capital Expenditures has fluctuated over the past 8 years, ranging from $86M in FY2022 to $398M in FY2021.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.39 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +17.6%
- 5-Year CAGR
- -8.0%
- 10-Year CAGR
- -
Capital Expenditures Trend
#19 of 38 in Real EstateTop 50% of 38This company $169.2M Sector average $478.7M
▼
-64.7% below sector average
Key Insights
- 5-year CAGR of -8.0%, indicating a declining trend.
- In FY2023, capital expenditures increased 96.8% year-over-year.
- Ranks #19 out of 38 companies in the Real Estate sector.
- Peak capital expenditures was recorded in FY2021.
Annual Data
| Year | Capital Expenditures | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $169.2M | +96.8% |
| FY2022 | $86.0M | -78.4% |
| FY2021 | $398.4M | +282.8% |
| FY2020 | $104.1M | -59.3% |
| FY2019 | $255.9M | -0.2% |
| FY2018 | $256.5M | +12.4% |
| FY2017 | $228.2M | +15.4% |
| FY2016 | $197.7M | +26.1% |
As of FY2023 · SEC 10-K · Updated Mar 28, 2026