Empire Historical Income Statement

OGCP Stock  USD 8.40  0.35  4.00%   
Historical analysis of Empire State income statement accounts such as Gross Profit of 324.2 M can show how well Empire State Realty performed in making a profits. Evaluating Empire State income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Empire State's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Empire State Realty latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Empire State Realty is a good buy for the upcoming year.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Empire State Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

About Empire Income Statement Analysis

Empire State Realty Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Empire State shareholders. The income statement also shows Empire investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Empire State Income Statement Chart

At this time, Empire State's Income Tax Expense is relatively stable compared to the past year. As of 07/03/2025, Selling And Marketing Expenses is likely to grow to about 21.2 M, while Total Revenue is likely to drop slightly above 597.2 M.

Total Revenue

Total revenue comprises all receipts Empire State Realty generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Empire State Realty minus its cost of goods sold. It is profit before Empire State operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Empire State Realty. It is also known as Empire State overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Empire State's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Empire State Realty current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Empire State Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Empire State's Income Tax Expense is relatively stable compared to the past year. As of 07/03/2025, Selling And Marketing Expenses is likely to grow to about 21.2 M, while Total Revenue is likely to drop slightly above 597.2 M.
 2022 2023 2024 2025 (projected)
Interest Expense101.2M109.3M109.7M81.5M
Depreciation And Amortization216.9M592.9M184.8M169.8M

Empire State income statement Correlations

0.750.640.160.670.3-0.770.540.890.040.01-0.26-0.04-0.160.650.02-0.1-0.59-0.32-0.430.520.12
0.750.740.460.810.21-0.410.630.810.49-0.16-0.29-0.25-0.230.910.05-0.36-0.85-0.62-0.770.820.08
0.640.740.860.980.66-0.070.90.90.710.14-0.49-0.03-0.250.850.110.0-0.53-0.31-0.330.470.09
0.160.460.860.810.670.390.780.550.90.11-0.51-0.01-0.260.640.030.03-0.33-0.21-0.180.31-0.01
0.670.810.980.810.52-0.130.880.910.740.01-0.45-0.19-0.290.90.15-0.18-0.58-0.47-0.450.570.0
0.30.210.660.670.52-0.020.450.510.330.18-0.760.450.040.25-0.350.43-0.20.190.110.010.28
-0.77-0.41-0.070.39-0.13-0.020.11-0.440.430.320.230.11-0.01-0.150.230.230.40.290.4-0.39-0.09
0.540.630.90.780.880.450.110.810.630.45-0.10.07-0.260.830.350.15-0.43-0.13-0.190.340.13
0.890.810.90.550.910.51-0.440.810.40.13-0.37-0.04-0.20.830.16-0.03-0.58-0.32-0.380.50.16
0.040.490.710.90.740.330.430.630.4-0.18-0.41-0.36-0.330.650.08-0.35-0.34-0.5-0.370.46-0.26
0.01-0.160.140.110.010.180.320.450.13-0.180.50.730.040.030.390.850.150.710.49-0.390.49
-0.26-0.29-0.49-0.51-0.45-0.760.23-0.1-0.37-0.410.50.090.0-0.20.550.190.290.310.26-0.30.04
-0.04-0.25-0.03-0.01-0.190.450.110.07-0.04-0.360.730.090.18-0.23-0.230.940.130.770.53-0.410.53
-0.16-0.23-0.25-0.26-0.290.04-0.01-0.26-0.2-0.330.040.00.18-0.24-0.190.210.160.260.19-0.210.09
0.650.910.850.640.90.25-0.150.830.830.650.03-0.2-0.23-0.240.2-0.27-0.71-0.59-0.560.680.06
0.020.050.110.030.15-0.350.230.350.160.080.390.55-0.23-0.190.20.030.060.080.03-0.050.11
-0.1-0.360.00.03-0.180.430.230.15-0.03-0.350.850.190.940.21-0.270.030.290.880.66-0.570.5
-0.59-0.85-0.53-0.33-0.58-0.20.4-0.43-0.58-0.340.150.290.130.16-0.710.060.290.480.83-0.86-0.16
-0.32-0.62-0.31-0.21-0.470.190.29-0.13-0.32-0.50.710.310.770.26-0.590.080.880.480.71-0.720.36
-0.43-0.77-0.33-0.18-0.450.110.4-0.19-0.38-0.370.490.260.530.19-0.560.030.660.830.71-0.930.02
0.520.820.470.310.570.01-0.390.340.50.46-0.39-0.3-0.41-0.210.68-0.05-0.57-0.86-0.72-0.930.0
0.120.080.09-0.010.00.28-0.090.130.16-0.260.490.040.530.090.060.110.5-0.160.360.020.0
Click cells to compare fundamentals

Empire State Account Relationship Matchups

Empire State income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization191.0M201.8M216.9M592.9M184.8M169.8M
Interest Expense89.9M94.4M101.2M109.3M109.7M81.5M
Total Revenue609.2M624.1M727.0M739.6M767.9M597.2M
Gross Profit318.1M344.6M405.7M210.6M413.8M324.2M
Other Operating Expenses544.4M537.2M600.0M592.9M604.4M459.8M
Operating Income58.7M79.1M127.0M146.7M158.7M127.8M
Ebit60.0M86.9M127.0M(256.2M)158.7M88.0M
Ebitda251.1M288.7M343.9M336.6M343.5M290.7M
Cost Of Revenue291.1M279.5M321.4M528.9M354.2M273.0M
Total Operating Expenses253.3M257.8M278.7M63.9M250.3M186.8M
Income Before Tax(29.9M)(14.8M)64.8M87.1M83.0M75.9M
Total Other Income Expense Net(88.5M)(93.9M)(62.3M)(59.6M)(75.7M)(71.9M)
Net Income(12.5M)(6.5M)40.6M53.2M51.6M33.3M
Income Tax Expense(7.0M)(1.7M)1.5M2.7M2.7M3.3M
Selling General Administrative62.2M55.9M61.8M63.9M70.2M51.6M
Net Income From Continuing Ops(22.9M)(13.0M)63.2M84.4M80.4M57.0M
Research Development0.120.050.020.090.140.1
Net Income Applicable To Common Shares81.7M(27.1M)(17.2M)59.3M53.3M53.0M
Minority Interest10.4M6.5M(22.6M)(68K)(4K)(4.2K)
Tax Provision(7.0M)(1.7M)1.5M2.7M2.7M1.6M
Net Interest Income(87.3M)(93.7M)(96.3M)(86.3M)(88.4M)(92.8M)
Reconciled Depreciation191.0M201.8M216.9M195.3M190.5M207.1M
Interest Income2.6M704K4.9M15.1M21.3M22.4M

Pair Trading with Empire State

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Empire State position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Empire State will appreciate offsetting losses from the drop in the long position's value.

Moving together with Empire Stock

  0.76BDN Brandywine Realty TrustPairCorr
  0.65EGP EastGroup PropertiesPairCorr

Moving against Empire Stock

  0.46UK Ucommune InternationalPairCorr
The ability to find closely correlated positions to Empire State could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Empire State when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Empire State - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Empire State Realty to buy it.
The correlation of Empire State is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Empire State moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Empire State Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Empire State can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Empire Stock Analysis

When running Empire State's price analysis, check to measure Empire State's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Empire State is operating at the current time. Most of Empire State's value examination focuses on studying past and present price action to predict the probability of Empire State's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empire State's price. Additionally, you may evaluate how the addition of Empire State to your portfolios can decrease your overall portfolio volatility.