ALX vs ESRT
ALX: A niche New York City-focused REIT that leverages a strategic management partnership with Vornado Realty Trust to operate its commercial property portfolio. ESRT: A specialized NYC-centric office and retail REIT that owns and operates the iconic Empire State Building and a high-quality portfolio of Manhattan commercial properties.
Side-by-side fundamentals
| Metric | ALX | ESRT | Edge |
|---|---|---|---|
| Price as of 2026-10-08 close | $241.48 | $4.58 | |
| Market cap | $1.2B | $793M | |
| P/E as of 2026-10-08 | 7.31 | 31.24 | ALX lower |
| Net margin FY2025, SEC XBRL | +13.2% | +9.5% | ALX higher |
| Operating margin FY2025, SEC XBRL | n/a | +17.7% | |
| ROE FY2025, SEC XBRL | +25.9% | +4.0% | ALX higher |
| ROA FY2025, SEC XBRL | +2.5% | +1.6% | ALX higher |
| Debt / equity as of 2026-09-03 | 3.73 | 2.12 | ESRT lower |
| Revenue growth (YoY) as of 2026-09-03 | -1.5% | +1.5% | ESRT higher |
| Revenue CAGR (3y) SEC XBRL | +1.2% | +1.9% | ESRT higher |
| Dividend yield as of 2026-09-03 | +7.3% | +4.1% | ALX higher |
| Dividend streak (yrs) SEC XBRL | 9 | 5 | ALX higher |
| Beta as of 2026-09-03 | 0.39 | 0.72 | |
| 1-year return as of 2026-10-08 close | +0.5% | -38.9% | ALX higher |
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.