Brandywine Realty Trust vs Empire State Realty OP, L.p.
Empire State Realty OP, L.p. is the larger business, with $768m of revenue in fiscal 2025 against $484m for Brandywine Realty Trust (1.6 times as much). Empire State Realty OP, L.p. grew faster (0.0% against -4.2%). Empire State Realty OP, L.p. kept more of each dollar of sales as profit: a net margin of 9.0% against -36.8%.
| Latest fiscal year | Brandywine Realty TrustBDN, 2025 | Empire State Realty OP, L.p.ESBA, 2025 |
|---|---|---|
| Revenue | $484m | $768m |
| Revenue growth | -4.2% | 0.0% |
| Net income | −$178m | $68.8m |
| Operating margin | 5.5% | 17.7% |
| Net margin | -36.8% | 9.0% |
| Return on equity | -19.5% | — |
| Free cash flow | — | $50.6m |
| Cash | $32.3m | $133m |
| Total debt | $2.56bn | $2.39bn |
| Debt to equity | 323.4% | — |
| Dividend per share | — | — |
| Dividend yield | — | 3.0% |
| Share buybacks | — | $8.1m |
| Employees | 268 | 407 |
| Market value | $515m | $1.33bn |
| Price vs our value range | — | — |
| Moat score | 50 (Moderate) | 40 (Weak) |
| Insider trades, 12 months | 2 buys, 0 sales | 0 buys, 0 sales |