Empire State Realty OP, L.P. (OGCP) stock
OGCPNYSEReal Estate Investment TrustsFiscal year ends December 31Also trades as ESBA, FISK
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026Score 5/3093% below fair value
$4.82−0.03 (-0.62%)
Close on Oct 30, 2026Market cap $107.50MP/E 160.7Yield –
Empire State Realty OP, L.P. operating margin
Operating margin is operating income as a percentage of revenue.
Empire State Realty OP, L.P.'s operating margin for the twelve months ending Jun 30, 2026 was -4.4%. For fiscal 2025 it was 17.7%, against 20.7% the year before. The highest annual figure on record is 34.1% in fiscal 2012.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 17.7% | −3.0 |
| FY2024 | Dec 31, 2024 | 20.7% | +0.8 |
| FY2023 | Dec 31, 2023 | 19.8% | +2.4 |
| FY2022 | Dec 31, 2022 | 17.5% | +4.8 |
| FY2021 | Dec 31, 2021 | 12.7% | +3.1 |
| FY2020 | Dec 31, 2020 | 9.6% | −11.5 |
| FY2019 | Dec 31, 2019 | 21.2% | −4.9 |
| FY2018 | Dec 31, 2018 | 26.1% | −1.1 |
| FY2017 | Dec 31, 2017 | 27.2% | +0.0 |
| FY2016 | Dec 31, 2016 | 27.1% | +4.1 |
| FY2015 | Dec 31, 2015 | 23.0% | +0.8 |
| FY2014 | Dec 31, 2014 | 22.2% | −11.8 |
| FY2012 | Dec 31, 2012 | 34.1% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | -70.4% | −88.8 |
| Q1 FY2026 | Mar 31, 2026 | 15.5% | +1.2 |
| Q4 FY2025 | Dec 31, 2025 | 17.8% | −4.0 |
| Q3 FY2025 | Sep 30, 2025 | 19.9% | −2.8 |
| Q2 FY2025 | Jun 30, 2025 | 18.4% | −2.4 |
| Q1 FY2025 | Mar 31, 2025 | 14.3% | −2.8 |
| Q4 FY2024 | Dec 31, 2024 | 21.7% | +0.6 |
| Q3 FY2024 | Sep 30, 2024 | 22.7% | +0.7 |
| Q2 FY2024 | Jun 30, 2024 | 20.8% | −3.5 |
| Q1 FY2024 | Mar 31, 2024 | 17.1% | +6.5 |
| Q4 FY2023 | Dec 31, 2023 | 21.1% | −0.4 |
| Q3 FY2023 | Sep 30, 2023 | 22.1% | +2.7 |
| Q2 FY2023 | Jun 30, 2023 | 24.2% | +0.8 |
| Q1 FY2023 | Mar 31, 2023 | 10.6% | +6.9 |
| Q4 FY2022 | Dec 31, 2022 | 21.5% | +8.3 |
| Q3 FY2022 | Sep 30, 2022 | 19.3% | +11.3 |
| Q2 FY2022 | Jun 30, 2022 | 23.5% | +6.2 |
| Q1 FY2022 | Mar 31, 2022 | 3.7% | −8.9 |
| Q4 FY2021 | Dec 31, 2021 | 13.2% | +0.3 |
| Q3 FY2021 | Sep 30, 2021 | 8.0% | −0.1 |
| Q2 FY2021 | Jun 30, 2021 | 17.3% | +17.0 |
| Q1 FY2021 | Mar 31, 2021 | 12.6% | −3.2 |
| Q4 FY2020 | Dec 31, 2020 | 12.8% | −11.3 |
| Q3 FY2020 | Sep 30, 2020 | 8.1% | −15.3 |
| Q2 FY2020 | Jun 30, 2020 | 0.2% | −20.3 |
| Q1 FY2020 | Mar 31, 2020 | 15.8% | +0.3 |
| Q4 FY2019 | Dec 31, 2019 | 24.2% | −5.2 |
| Q3 FY2019 | Sep 30, 2019 | 23.5% | −2.6 |
| Q2 FY2019 | Jun 30, 2019 | 20.6% | −7.3 |
| Q1 FY2019 | Mar 31, 2019 | 15.6% | −4.8 |
| Q4 FY2018 | Dec 31, 2018 | 29.3% | +1.8 |
| Q3 FY2018 | Sep 30, 2018 | 26.0% | −4.0 |
| Q2 FY2018 | Jun 30, 2018 | 27.8% | −0.9 |
| Q1 FY2018 | Mar 31, 2018 | 20.4% | −1.5 |
| Q4 FY2017 | Dec 31, 2017 | 27.5% | −1.7 |
| Q3 FY2017 | Sep 30, 2017 | 30.0% | −0.4 |
| Q2 FY2017 | Jun 30, 2017 | 28.7% | – |
| Q1 FY2017 | Mar 31, 2017 | 21.9% | – |
| Q4 FY2016 | Dec 31, 2016 | 29.2% | – |
| Q3 FY2016 | Sep 30, 2016 | 30.4% | – |