Empire State Realty OP LP ES (ESBA) — Tangible Net Worth Ratio

Latest as of March 2026: 83.4%

Empire State Realty OP LP ES (ESBA) has a Tangible Net Worth Ratio of 83.4% as of March 2026. This metric is calculated by deducting intangible assets ($303.62 Million) from net assets ($1.82 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check earnings quality score of Empire State Realty OP LP ES to evaluate the quality of earnings relative to operating cash generation.

Tangible NW Ratio

83.4%
Tangible equity / total equity

Net Assets (Equity)

$1.82 Billion
USD

Intangible Assets

$303.62 Million
Goodwill, patents, brand value

Total Assets

$4.41 Billion
USD

Empire State Realty OP LP ES Tangible Net Worth Ratio (2011–2025)

This chart shows how Empire State Realty OP LP ES's Tangible Net Worth Ratio has changed across 14 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 83.4%, reflecting net assets of $1.82 Billion with intangible assets of $303.62 Million USD. See Empire State Realty OP LP ES net assets for net asset value and shareholders' equity analysis.

Annual Tangible Net Worth Ratio for Empire State Realty OP LP ES (2011–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Empire State Realty OP LP ES from 2011 to 2025, covering 14 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see how much is Empire State Realty OP LP ES worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 83.2% $1.82 Billion $305.58 Million $4.47 Billion ▲ +0.8 pp
2024 82.4% $1.78 Billion $313.41 Million $4.51 Billion ▲ +1.0 pp
2023 81.4% $1.73 Billion $321.24 Million $4.22 Billion ▲ +1.0 pp
2022 80.4% $1.68 Billion $329.07 Million $4.16 Billion ▲ +0.5 pp
2021 80.0% $1.68 Billion $336.90 Million $4.28 Billion ▼ -0.1 pp
2020 80.1% $1.73 Billion $344.74 Million $4.15 Billion ▼ -1.8 pp
2019 81.9% $1.95 Billion $352.57 Million $3.93 Billion ▲ +0.0 pp
2018 81.9% $1.99 Billion $360.40 Million $4.20 Billion ▲ +0.5 pp
2017 81.4% $1.98 Billion $368.23 Million $3.93 Billion ▲ +0.3 pp
2016 81.0% $1.98 Billion $376.06 Million $3.89 Billion ▲ +9.0 pp
2015 72.0% $1.37 Billion $383.89 Million $3.30 Billion ▲ +21.4 pp
2014 50.6% $1.38 Billion $682.13 Million $3.30 Billion ▼ -18.3 pp
2013 68.9% $1.00 Billion $312.30 Million $2.48 Billion ▼ -31.1 pp
2011 100.0% $4.95 Million $0.00 $1.01 Billion
pp = percentage points