ESRT vs HPP
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. HPP: A specialized REIT focused on high-quality office and studio properties in key tech and media-centric markets on the West Coast.
Side-by-side fundamentals
| Metric | ESRT | HPP | Edge |
|---|---|---|---|
| Price as of 2026-10-08 close | $4.58 | $11.88 | |
| Market cap | $793M | $644M | |
| P/E as of 2026-10-08 | 31.24 | n/a | |
| Net margin FY2025, SEC XBRL | +9.5% | -71.3% | ESRT higher |
| Gross margin FY2025, SEC XBRL | n/a | +48.5% | |
| Operating margin FY2025, SEC XBRL | +17.7% | n/a | |
| ROE FY2025, SEC XBRL | +4.0% | -18.8% | ESRT higher |
| ROA FY2025, SEC XBRL | +1.6% | -8.1% | ESRT higher |
| Debt / equity as of 2026-09-03 | 2.12 | 1.17 | HPP lower |
| Revenue growth (YoY) as of 2026-09-03 | +1.5% | -1.4% | ESRT higher |
| Revenue CAGR (3y) SEC XBRL | +1.9% | -6.8% | ESRT higher |
| Dividend yield as of 2026-09-03 | +4.1% | +2.6% | ESRT higher |
| Dividend streak (yrs) SEC XBRL | 5 | 0 | ESRT higher |
| Beta as of 2026-09-03 | 0.72 | 1.38 | |
| 1-year return as of 2026-10-08 close | -38.9% | -38.9% | HPP 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.