Empire State Realty OP, L.p. vs Office Properties Income Trust
Empire State Realty OP, L.p. is the larger business, with $768m of revenue in fiscal 2025 against $443m for Office Properties Income Trust (1.7 times as much). Empire State Realty OP, L.p. grew faster (0.0% against -11.8%). Empire State Realty OP, L.p. kept more of each dollar of sales as profit: a net margin of 9.0% against -61.5%.
| Latest fiscal year | Empire State Realty OP, L.p.ESBA, 2025 | Office Properties Income TrustOPI, 2025 |
|---|---|---|
| Revenue | $768m | $443m |
| Revenue growth | 0.0% | -11.8% |
| Net income | $68.8m | −$272m |
| Operating margin | 17.7% | — |
| Net margin | 9.0% | -61.5% |
| Return on equity | — | -26.8% |
| Free cash flow | $50.6m | −$6.6m |
| Cash | $133m | $29.5m |
| Total debt | $2.39bn | $2.43bn |
| Debt to equity | — | 276.0% |
| Dividend per share | — | $0.02 |
| Dividend yield | 3.0% | 0.3% |
| Share buybacks | $8.1m | $32,000 |
| Employees | 407 | 900 |
| Market value | $1.33bn | $289m |
| Price vs our value range | — | — |
| Moat score | 40 (Weak) | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 8 sales |