Empire State Realty Trust Inc
NYSE:ESRT
Operating Margin
Empire State Realty Trust Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
Empire State Realty Trust Inc
NYSE:ESRT
|
1.2B USD |
21%
|
|
| ZA |
G
|
Growthpoint Properties Ltd
JSE:GRT
|
42.7B Zac |
61%
|
|
| ZA |
R
|
Redefine Properties Ltd
JSE:RDF
|
27.4B Zac |
54%
|
|
| US |
|
WP Carey Inc
NYSE:WPC
|
13.1B USD |
49%
|
|
| JP |
|
KDX Realty Investment Corp
OTC:KDXRF
|
9.6B USD |
52%
|
|
| ZA |
A
|
Attacq Ltd
JSE:ATT
|
9B Zac |
54%
|
|
| AU |
|
Stockland Corporation Ltd
ASX:SGP
|
12B AUD |
22%
|
|
| ZA |
F
|
Fairvest Ltd
JSE:FTA
|
7.2B Zac |
52%
|
|
| FR |
|
Gecina SA
PAR:GFC
|
6.4B EUR |
79%
|
|
| US |
S
|
STORE Capital Corp
LSE:0LA6
|
6.8B USD |
57%
|
|
| ZA |
S
|
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
|
6.6B Zac |
47%
|
Empire State Realty Trust Inc
Glance View
Empire State Realty Trust Inc. operates as a real estate investment trust (REIT) with a storied presence in the iconic skyline of New York City. At its core, the company's crown jewel is the Empire State Building, a historic skyscraper renowned not only for its architectural significance but also as a lucrative asset in terms of tourism and office rentals. The building is a dual-purpose marvel, generating substantial revenue through long-term office leasing agreements, housing a mix of traditional tenants and vibrant newer enterprises within its expansive office spaces. Meanwhile, the observatory decks offer breathtaking views of the city and attract millions of visitors annually, adding a significant stream of tourism-related income and commercial licensing opportunities. Beyond the iconic tower, Empire State Realty Trust manages an extensive portfolio of office and retail properties strategically positioned in bustling urban areas. The company's portfolio is primarily concentrated in Manhattan, with an eye on prime locations that are sought after for both business and leisure. By focusing on high-demand real estate markets, Empire State Realty Trust capitalizes on its leasing operations, continually enhancing the value of its properties through thoughtful renovations and sustainable practices, catering to the evolving needs of modern tenants. Its operational strategy rests on retaining and attracting high-quality tenants, maintaining historically significant yet relevant properties, and leveraging the brand equity tied to such a globally recognizable edifice as the Empire State Building.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Empire State Realty Trust Inc's most recent financial statements, the company has Operating Margin of 20.7%.
You don't have any saved screeners yet