Empire State Realty OP LP ES (ESBA) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.26x

Empire State Realty OP LP ES (ESBA) has a Cash Flow Reinvestment Rate of 0.26x as of March 2026, reinvesting $18.19 Million (capex $18.19 Million ) from operating cash flow of $68.91 Million. See ESBA cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.26x
(Capex + Investments) / Operating CF

Total Reinvested

$18.19 Million
Capex + Investments

Operating Cash Flow

$68.91 Million
USD

Capital Expenditures

$18.19 Million
USD

Empire State Realty OP LP ES Cash Flow Reinvestment Rate (2008–2025)

Historical reinvestment intensity for Empire State Realty OP LP ES across 17 annual periods. For the full cash flow conversion analysis, see ESBA cash flow conversion.

Annual Cash Flow Reinvestment Rate for Empire State Realty OP LP ES (2008–2025)

Year-by-year capital reinvestment analysis for Empire State Realty OP LP ES. See Empire State Realty OP LP ES (ESBA) financial flexibility to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.80x $198.50 Million $249.05 Million $198.50 Million ▼ -63.5%
2024 2.18x $570.03 Million $260.89 Million $172.91 Million ▲ +556.7%
2023 0.33x $77.35 Million $232.49 Million $12.00K ▼ -80.3%
2022 1.69x $357.16 Million $211.17 Million $126.27 Million ▼ -15.5%
2021 2.00x $425.48 Million $212.49 Million $212.74 Million ▲ +27.5%
2020 1.57x $286.24 Million $182.29 Million $143.12 Million ▼ -43.8%
2019 2.80x $650.25 Million $232.59 Million $250.25 Million ▲ +21.3%
2018 2.30x $643.02 Million $279.02 Million $243.02 Million ▼ 0.0%
2017 2.30x $447.62 Million $194.20 Million $223.01 Million ▲ +35.9%
2016 1.70x $364.21 Million $214.75 Million $182.38 Million ▼ -36.4%
2015 2.67x $542.20 Million $203.19 Million $142.20 Million ▲ +16.4%
2014 2.29x $317.75 Million $138.56 Million $308.40 Million ▲ +147.4%
2012 0.93x $87.47 Million $94.35 Million $87.47 Million ▼ -22.7%
2011 1.20x $60.58 Million $50.53 Million $60.58 Million ▲ +631.6%
2010 0.16x $12.19 Million $74.38 Million $12.19 Million ▼ -76.1%
2009 0.69x $40.18 Million $58.51 Million $40.18 Million ▲ +773.3%
2008 0.08x $5.93 Million $75.41 Million $5.93 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow