Empire Income Before Tax from 2010 to 2024

ESBA Stock  USD 10.88  0.23  2.07%   
Empire State's Income Before Tax is decreasing over the years with stable fluctuation. Income Before Tax is expected to dwindle to about 56 M. From 2010 to 2024 Empire State Income Before Tax quarterly data regression line had arithmetic mean of  74,261,203 and r-squared of  0.05. View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
29.3 M
Current Value
24.2 M
Quarterly Volatility
28.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Empire State financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Empire State's main balance sheet or income statement drivers, such as Depreciation And Amortization of 622.5 M, Interest Expense of 78.7 M or Total Revenue of 581.7 M, as well as many indicators such as Price To Sales Ratio of 3.98, Dividend Yield of 0.0164 or PTB Ratio of 1.66. Empire financial statements analysis is a perfect complement when working with Empire State Valuation or Volatility modules.
  
Check out the analysis of Empire State Correlation against competitors.

Latest Empire State's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Empire State Realty over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Empire State income statement and is an important metric when analyzing Empire State Realty profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Empire State's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Empire State's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

Empire Income Before Tax Regression Statistics

Arithmetic Mean74,261,203
Geometric Mean67,630,524
Coefficient Of Variation75.63
Mean Deviation39,923,116
Median74,865,000
Standard Deviation56,164,717
Sample Variance3154.5T
Range230.6M
R-Value(0.22)
Mean Square Error3230T
R-Squared0.05
Significance0.43
Slope(2,785,302)
Total Sum of Squares44162.7T

Empire Income Before Tax History

202456 M
202387.1 M
202264.8 M
2021-14.8 M
2020-29.9 M
201986.7 M
2018121.9 M

About Empire State Financial Statements

Empire State stakeholders use historical fundamental indicators, such as Empire State's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Empire State investors may analyze each financial statement separately, they are all interrelated. For example, changes in Empire State's assets and liabilities are reflected in the revenues and expenses on Empire State's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Empire State Realty. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax87.1 M56 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Empire State Realty is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Empire Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Empire State Realty Stock. Highlighted below are key reports to facilitate an investment decision about Empire State Realty Stock:
Check out the analysis of Empire State Correlation against competitors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Empire State. If investors know Empire will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Empire State listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.143
Dividend Share
0.14
Earnings Share
0.27
Revenue Per Share
3.092
Quarterly Revenue Growth
0.017
The market value of Empire State Realty is measured differently than its book value, which is the value of Empire that is recorded on the company's balance sheet. Investors also form their own opinion of Empire State's value that differs from its market value or its book value, called intrinsic value, which is Empire State's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Empire State's market value can be influenced by many factors that don't directly affect Empire State's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Empire State's value and its price as these two are different measures arrived at by different means. Investors typically determine if Empire State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Empire State's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.