Empire State Realty Trust vs Highwoods Properties
Empire State Realty Trust and Highwoods Properties are similar in size: $768m and $806m of revenue in their latest fiscal years. Empire State Realty Trust grew faster (0.0% against -2.4%). Highwoods Properties kept more of each dollar of sales as profit: a net margin of 19.5% against 5.6%. Highwoods Properties carries less debt relative to equity (0.0% against 225.4%).
| Latest fiscal year | Empire State Realty TrustESRT, 2025 | Highwoods PropertiesHIW, 2025 |
|---|---|---|
| Revenue | $768m | $806m |
| Revenue growth | 0.0% | -2.4% |
| Net income | $43.4m | $157m |
| Operating margin | 17.7% | 67.6% |
| Net margin | 5.6% | 19.5% |
| Return on equity | 4.2% | 6.6% |
| Free cash flow | $50.6m | — |
| Cash | $133m | $27.4m |
| Total debt | $2.39bn | $0 |
| Debt to equity | 225.4% | 0.0% |
| Dividend per share | $0.14 | — |
| Dividend yield | 1.8% | 6.4% |
| Share buybacks | $8.1m | — |
| Employees | 407 | 315 |
| Market value | $1.34bn | $3.45bn |
| Price vs our value range | — | — |
| Moat score | 40 (Weak) | 67 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |