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Empire State Realty Trust vs Kite Realty Group Trust: ESRT and KRG compared
Empire State Realty Trust is the larger company: $197M of revenue in its latest quarter (Q2 2026) against $196M for Kite Realty Group Trust (Q2 2026). Empire State Realty Trust is growing faster (+3% against -8% a year earlier). Kite Realty Group Trust is more profitable, with an operating margin of 23.5% against -70.4%.
Where the money goes: ESRT and KRG
Empire State Realty Trust (ESRT) · Q2 2026
Empire State Realty Trust, Q2 2026: revenue $197M (+3% year over year), operating margin -70.4%, net loss $39.6M, operating cash flow $19.5M. The chart follows the revenue to costs, profit and cash.
Kite Realty Group Trust (KRG) · Q2 2026
Kite Realty Group Trust, Q2 2026: revenue $196M (-8% year over year), operating margin 23.5%, net earnings $161M, operating cash flow $127M. The chart follows the revenue to costs, profit and cash.
| Empire State Realty Trust (ESRT) | Kite Realty Group Trust (KRG) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $197M | $196M |
| Revenue growth, Y/Y | +3% | -8% |
| Operating margin | -70.4% | 23.5% |
| Net earnings | −$39.6M | $161M |
| Net margin | -20.1% | 82.2% |
| Operating cash flow | $19.5M | $127M |
| Free cash flow | — | $88.9M |
| Market value | — | $4.8B |
| P/E | — | 14.9× |
| Analysts’ mean target | — | $28.20 |
Questions
Which is bigger, Empire State Realty Trust or Kite Realty Group Trust?
Empire State Realty Trust is the larger company: $197M of revenue in its latest quarter (Q2 2026) against $196M for Kite Realty Group Trust (Q2 2026).
Is Empire State Realty Trust or Kite Realty Group Trust growing faster?
Empire State Realty Trust is growing faster (+3% against -8% a year earlier).
Which is more profitable, Empire State Realty Trust or Kite Realty Group Trust?
Kite Realty Group Trust is more profitable, with an operating margin of 23.5% against -70.4%.
More: Empire State Realty Trust earnings · how Empire State Realty Trust makes money · Kite Realty Group Trust earnings · how Kite Realty Group Trust makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 6, 2026; 10-Q filed Jul 30, 2026). Fiscal quarters can end on different dates. Not investment advice.