Is Empire State Realty Trust, Inc. (ESRT) Halal?

NYSE Real Estate United States $1.5B
✗ NOT HALAL
Confidence: 90/100
Empire State Realty Trust, Inc. (ESRT) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 151.1% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Empire State Realty Trust, Inc. operates in the Real Estate sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 151.1%
/ 30%
23.4%
/ 30%
27.3%
/ 30%
2.79%
/ 5%
✗ NOT HALAL
DJIM 151.1%
/ 33%
23.4%
/ 33%
27.3%
/ 33%
2.79%
/ 5%
✗ NOT HALAL
MSCI 55.1%
/ 33%
8.5%
/ 33%
10.0%
/ 33%
2.79%
/ 5%
✗ NOT HALAL
S&P 151.1%
/ 33%
23.4%
/ 33%
27.3%
/ 33%
2.79%
/ 5%
✗ NOT HALAL
FTSE 55.1%
/ 33%
8.5%
/ 33%
10.0%
/ 50%
2.79%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
19.8
Forward: 82.7
EPS
$0.25
Dividend Yield
282.0%
Payout: 56.0%
P/B Ratio
0.8
EV/EBITDA
12.3
EV: $3.9B
Revenue
$768M
Growth: 0.8%
Beta
1.4
High volatility
Current Ratio
2.6

Profitability

Gross Margin 52.5%
Operating Margin 17.8%
Net Margin 6.2%
Return on Equity (ROE) 4.0%
Return on Assets (ROA) 1.9%

Cash Flow & Balance Sheet

Operating Cash Flow$249M
Free Cash Flow$249M
Total Debt$2.4B
Debt-to-Equity131.7
Current Ratio2.6
Total Assets$4.5B

Price & Trading

Last Close$4.96
50-Day MA$5.97
200-Day MA$7.05
Avg Volume1.6M
Beta1.4
52-Week Range
$4.87
$8.76

About Empire State Realty Trust, Inc. (ESRT)

CEO
Mr. Anthony E. Malkin
Employees
642
Sector
Real Estate
Industry
REIT - Diversified
Country
United States
Exchange
NYSE
Market Cap
$1.5B
Currency
USD

Empire State Realty Trust, Inc. is a NYC-focused REIT that owns and operates a portfolio of well-leased, top-of-tier, modernized, amenitized, and well-located office, retail, and multifamily assets. The Company is a recognized leader in energy efficiency and indoor environmental quality. As of December 31, 2025, ESRT's operating portfolio is comprised of approximately 7.6 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 743 residential units. The Company also owns two properties that are being redeveloped with approximately 0.4 million rentable square feet of office space and 43 thousand rentable square feet of retail space.

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Frequently Asked Questions

Is Empire State Realty Trust, Inc. (ESRT) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Empire State Realty Trust, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Empire State Realty Trust, Inc.'s debt ratio?

Empire State Realty Trust, Inc.'s debt ratio is 151.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 55.1%.

What are Empire State Realty Trust, Inc.'s key financial metrics?

Empire State Realty Trust, Inc. has a market capitalization of $1.5B, trailing P/E ratio of 19.8, and revenue of $768M. The company maintains a gross margin of 52.5% and a net margin of 6.2%. Return on equity stands at 4.0%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.