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Side-by-side financial comparison of Empire State Realty Trust, Inc. (ESRT) and Priority Technology Holdings, Inc. (PRTH). Click either name above to swap in a different company.

Priority Technology Holdings, Inc. is the larger business by last-quarter revenue ($247.1M vs $190.3M, roughly 1.3× Empire State Realty Trust, Inc.). Priority Technology Holdings, Inc. runs the higher net margin — 3.6% vs 1.6%, a 2.0% gap on every dollar of revenue. On growth, Priority Technology Holdings, Inc. posted the faster year-over-year revenue change (8.8% vs 5.7%). Over the past eight quarters, Priority Technology Holdings, Inc.'s revenue compounded faster (9.6% CAGR vs 0.2%).

Empire State Realty Trust is a leading real estate investment trust that owns, manages, and operates a portfolio of premium commercial, residential, and retail properties primarily in the New York City metropolitan area, including the iconic Empire State Building. It serves corporate tenants, retail partners, and residential occupants, focusing on sustainable property operations and long-term asset value growth.

Information technology (IT) is the study or use of computers, telecommunication systems and other devices to create, process, store, retrieve and transmit information. While the term is commonly used to refer to computers and computer networks, it also encompasses other information distribution technologies such as television and telephones. Information technology is an application of computer science and computer engineering.

ESRT vs PRTH — Head-to-Head

Bigger by revenue
PRTH
PRTH
1.3× larger
PRTH
$247.1M
$190.3M
ESRT
Growing faster (revenue YoY)
PRTH
PRTH
+3.1% gap
PRTH
8.8%
5.7%
ESRT
Higher net margin
PRTH
PRTH
2.0% more per $
PRTH
3.6%
1.6%
ESRT
Faster 2-yr revenue CAGR
PRTH
PRTH
Annualised
PRTH
9.6%
0.2%
ESRT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ESRT
ESRT
PRTH
PRTH
Revenue
$190.3M
$247.1M
Net Profit
$3.0M
$8.9M
Gross Margin
Operating Margin
15.5%
13.6%
Net Margin
1.6%
3.6%
Revenue YoY
5.7%
8.8%
Net Profit YoY
-73.7%
23.9%
EPS (diluted)
$0.20
$0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ESRT
ESRT
PRTH
PRTH
Q1 26
$190.3M
Q4 25
$199.2M
$247.1M
Q3 25
$197.7M
$241.4M
Q2 25
$191.3M
$239.8M
Q1 25
$180.1M
$224.6M
Q4 24
$197.6M
$227.1M
Q3 24
$199.6M
$227.0M
Q2 24
$189.5M
$219.9M
Net Profit
ESRT
ESRT
PRTH
PRTH
Q1 26
$3.0M
Q4 25
$32.2M
$8.9M
Q3 25
$13.6M
$27.6M
Q2 25
$11.4M
$10.9M
Q1 25
$15.8M
$8.3M
Q4 24
$18.8M
$7.2M
Q3 24
$22.8M
$10.6M
Q2 24
$28.6M
$994.0K
Operating Margin
ESRT
ESRT
PRTH
PRTH
Q1 26
15.5%
Q4 25
17.8%
13.6%
Q3 25
19.9%
15.6%
Q2 25
18.4%
15.6%
Q1 25
14.3%
14.5%
Q4 24
21.7%
15.0%
Q3 24
22.7%
16.8%
Q2 24
20.8%
15.1%
Net Margin
ESRT
ESRT
PRTH
PRTH
Q1 26
1.6%
Q4 25
16.1%
3.6%
Q3 25
6.9%
11.4%
Q2 25
6.0%
4.5%
Q1 25
8.8%
3.7%
Q4 24
9.5%
3.2%
Q3 24
11.4%
4.7%
Q2 24
15.1%
0.5%
EPS (diluted)
ESRT
ESRT
PRTH
PRTH
Q1 26
$0.20
Q4 25
$0.11
$0.10
Q3 25
$0.05
$0.34
Q2 25
$0.04
$0.14
Q1 25
$0.05
$0.10
Q4 24
$0.07
$-0.05
Q3 24
$0.08
$0.07
Q2 24
$0.10
$-0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ESRT
ESRT
PRTH
PRTH
Cash + ST InvestmentsLiquidity on hand
$68.8M
$77.2M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$1.8B
$-100.4M
Total Assets
$4.4B
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESRT
ESRT
PRTH
PRTH
Q1 26
$68.8M
Q4 25
$132.7M
$77.2M
Q3 25
$154.1M
$57.0M
Q2 25
$94.6M
$50.6M
Q1 25
$187.8M
$47.6M
Q4 24
$385.5M
$58.6M
Q3 24
$421.9M
$41.1M
Q2 24
$535.5M
$34.6M
Total Debt
ESRT
ESRT
PRTH
PRTH
Q1 26
Q4 25
$1.0B
Q3 25
$997.5M
Q2 25
$917.0M
Q1 25
$918.9M
Q4 24
$920.9M
Q3 24
$808.1M
Q2 24
$809.0M
Stockholders' Equity
ESRT
ESRT
PRTH
PRTH
Q1 26
$1.8B
Q4 25
$1.1B
$-100.4M
Q3 25
$1.0B
$-110.3M
Q2 25
$1.0B
$-146.1M
Q1 25
$1.0B
$-158.3M
Q4 24
$1.0B
$-166.8M
Q3 24
$1.0B
$-165.8M
Q2 24
$1.0B
$-172.1M
Total Assets
ESRT
ESRT
PRTH
PRTH
Q1 26
$4.4B
Q4 25
$4.5B
$2.4B
Q3 25
$4.1B
$2.2B
Q2 25
$4.1B
$2.0B
Q1 25
$4.1B
$1.9B
Q4 24
$4.5B
$1.8B
Q3 24
$4.4B
$1.8B
Q2 24
$4.4B
$1.7B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ESRT
ESRT
PRTH
PRTH
Operating Cash FlowLast quarter
$36.8M
Free Cash FlowOCF − Capex
$30.9M
FCF MarginFCF / Revenue
12.5%
Capex IntensityCapex / Revenue
10.0%
2.4%
Cash ConversionOCF / Net Profit
4.12×
TTM Free Cash FlowTrailing 4 quarters
$75.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESRT
ESRT
PRTH
PRTH
Q1 26
Q4 25
$249.1M
$36.8M
Q3 25
$105.3M
$36.1M
Q2 25
$26.7M
$17.1M
Q1 25
$83.1M
$10.0M
Q4 24
$260.9M
$23.8M
Q3 24
$102.8M
$19.8M
Q2 24
$37.1M
$28.7M
Free Cash Flow
ESRT
ESRT
PRTH
PRTH
Q1 26
Q4 25
$50.6M
$30.9M
Q3 25
$72.8M
$30.1M
Q2 25
$-55.1M
$9.2M
Q1 25
$41.1M
$4.9M
Q4 24
$88.0M
$19.1M
Q3 24
$-65.1M
$14.5M
Q2 24
$19.5M
$23.6M
FCF Margin
ESRT
ESRT
PRTH
PRTH
Q1 26
Q4 25
25.4%
12.5%
Q3 25
36.8%
12.5%
Q2 25
-28.8%
3.8%
Q1 25
22.8%
2.2%
Q4 24
44.5%
8.4%
Q3 24
-32.6%
6.4%
Q2 24
10.3%
10.7%
Capex Intensity
ESRT
ESRT
PRTH
PRTH
Q1 26
10.0%
Q4 25
99.6%
2.4%
Q3 25
16.5%
2.5%
Q2 25
42.8%
3.3%
Q1 25
23.4%
2.3%
Q4 24
87.5%
2.0%
Q3 24
84.1%
2.3%
Q2 24
9.3%
2.3%
Cash Conversion
ESRT
ESRT
PRTH
PRTH
Q1 26
Q4 25
7.74×
4.12×
Q3 25
7.72×
1.31×
Q2 25
2.35×
1.57×
Q1 25
5.27×
1.20×
Q4 24
13.88×
3.29×
Q3 24
4.51×
1.87×
Q2 24
1.30×
28.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ESRT
ESRT

Rental revenue (1)$166.1M87%
Observatory revenue$18.5M10%
Other revenue and fees$4.1M2%
Lease termination fees$1.4M1%
Third-party management and other fees$277.0K0%

PRTH
PRTH

Segment breakdown not available.

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