Empire State Realty Trust, Inc. Interest Expense History
ESRT / Real Estate|8 years of SEC 10-K data (FY2016-FY2023)
$101M in FY2023 with a 5-year CAGR of +5.0%.
Increased from $94M to $101M over the past 2 years.
At $101M, Empire State Realty Trust, Inc.'s interest expense ranks #23 of 61 in the Real Estate sector. Interest Expense has increased for 4 consecutive years, from $79M in FY2019 to $101M in FY2023.
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
- +4.1%
- 5-Year CAGR
- +5.0%
- 10-Year CAGR
- -
Interest Expense Trend
#23 of 61 in Real EstateTop 36% of 61This company $101.5M Sector average $209.9M
▼
-51.7% below sector average
Key Insights
- Empire State Realty Trust, Inc.'s interest expense has grown for 4 consecutive years.
- 5-year CAGR of +5.0%, indicating consistent growth.
- In FY2023, interest expense increased 0.3% year-over-year.
- Ranks #39 out of 61 companies in the Real Estate sector.
Annual Data
| Year | Interest Expense | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $101.5M | +0.3% |
| FY2022 | $101.2M | +7.2% |
| FY2021 | $94.4M | +5.0% |
| FY2020 | $89.9M | +13.5% |
| FY2019 | $79.2M | -0.5% |
| FY2018 | $79.6M | +16.3% |
| FY2017 | $68.5M | -3.0% |
| FY2016 | $70.6M | +7.4% |
As of FY2023 · SEC 10-K · Updated Mar 28, 2026