Empire State Realty OP, L.P. Series 60 Operating Partnership Units Representing Partnership Interests Financial Statements
NYSE: OGCPReal EstateREIT - OfficeUSD
At close: Oct 9, 3:44 PM ET · Delayed 15 min
Empire State Realty OP, L.P. Series 60 Operating Partnership Units Representing Partnership Interests revenue and earnings
In fiscal 2025, Empire State Realty OP, L.P. Series 60 Operating Partnership Units Representing Partnership Interests generated $768.3 million in revenue, up 0.0% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $73.0 million (-9.2% year over year), for a net margin of 9.5% versus a median of 8.7% in the prior 5 years. Operating margin was 17.7%.
Diluted earnings per share came in at $0.25, down from $0.28. Over the last 5 fiscal years, OGCP's revenue has grown at a 4.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Empire State Realty OP, L.P. Series 60 Operating Partnership Units Representing Partnership Interests income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 768.27M | 767.92M | 739.57M | 727.04M | 624.09M | 609.23M | 731.34M | 731.51M | 709.53M | 677.35M |
| Revenue growth (YoY) | +0.05% | +3.83% | +1.72% | +16.50% | +2.44% | -16.70% | -0.02% | +3.10% | +4.75% | +3.00% |
| Operating Expenses | 632.62M | 609.21M | 592.87M | 600.01M | 544.96M | 550.57M | 576.64M | 540.65M | 516.62M | 493.46M |
| Selling, General & Admin | — | — | 63.94M | 61.77M | 55.95M | 62.24M | 61.06M | 52.67M | 50.31M | 49.08M |
| Operating Income | 135.65M | 158.71M | 146.71M | 127.03M | 79.13M | 58.66M | 154.71M | 190.86M | 192.90M | 183.90M |
| Interest Expense | 103.13M | 105.24M | 101.48M | 101.21M | 94.39M | 89.91M | 79.25M | 79.62M | 68.47M | 70.59M |
| Pretax Income | 75.54M | 83.05M | 87.12M | 64.76M | -14.77M | -29.86M | 86.72M | 121.89M | 124.93M | 113.40M |
| Income Tax | 2.56M | 2.69M | 2.71M | 1.55M | -1.73M | -6.97M | 2.43M | 4.64M | 6.67M | 6.15M |
| Net Income | 72.98M | 80.36M | 84.41M | 63.21M | -13.04M | -22.89M | 84.29M | 116.32M | 117.32M | 106.31M |
| Net Income growth (YoY) | -9.18% | -4.80% | +33.53% | — | — | -127.16% | -27.53% | -0.85% | +10.35% | +34.59% |
| EPS (Basic) | 0.26 | 0.29 | 0.30 | 0.22 | -0.06 | -0.10 | 0.27 | 0.39 | 0.39 | 0.38 |
| EPS (Diluted) | 0.25 | 0.28 | 0.30 | 0.22 | -0.06 | -0.10 | 0.27 | 0.39 | 0.39 | 0.38 |
| Shares Outstanding (Basic) | 266.94M | 264.71M | 263.23M | 268.34M | 277.42M | 283.83M | 297.80M | 297.26M | 296.45M | 276.85M |
| Shares Outstanding (Diluted) | 270.04M | 269.02M | 265.63M | 269.95M | 277.42M | 283.84M | 297.80M | 297.26M | 298.05M | 277.57M |
| EBITDA | 330.41M | 343.53M | 336.62M | 343.92M | 280.94M | 249.67M | 336.29M | 359.37M | 353.61M | 339.11M |
| Operating Margin | 17.66% | 20.67% | 19.84% | 17.47% | 12.68% | 9.63% | 21.15% | 26.09% | 27.19% | 27.15% |
| Net Margin | 9.50% | 10.46% | 11.41% | 8.69% | -2.09% | -3.76% | 11.53% | 15.90% | 16.53% | 15.70% |
This table shows 10 annual periods of Empire State Realty OP, L.P. Series 60 Operating Partnership Units Representing Partnership Interests's income statement, from FY 2025 back to FY 2016, across 15 line items including revenue, operating expenses, selling, general & admin. Values in USD; B = billions, M = millions. Fiscal periods follow OGCP's reporting calendar. What is a income statement?