← Back to All US Stocks

Empire State Realty OP, L.P. (OGCP) Stock Fundamental Analysis & AI Rating 2026

OGCP NYSE Real Estate Investment Trusts CIK: 0001553079
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2025-12-31
SELL
78% Conf
Pending
Analysis scheduled

📊 OGCP Key Takeaways

Revenue: $768.3M
Net Margin: 9.0%
Free Cash Flow: $-10.8M
Current Ratio: N/A
Debt/Equity: N/A
EPS: $0.25
AI Rating: SELL with 78% confidence
Empire State Realty OP, L.P. (OGCP) receives a SELL rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $768.3M, net profit margin of 9.0%, Empire State Realty OP, L.P. demonstrates mixed fundamentals in the Real Estate sector. Below is our complete OGCP stock analysis for 2026.

Is Empire State Realty OP, L.P. (OGCP) a Good Investment?

Claude

Empire State Realty faces deteriorating fundamentals with stagnant revenue growth (+0.2%), declining net income (-5.8%), and critically negative free cash flow (-$10.8M) despite positive operating cash flow. The dangerously low interest coverage ratio of 1.3x coupled with $2.4B in debt against only $132.7M in cash creates significant financial risk and limits operational flexibility.

Why Buy Empire State Realty OP, L.P. Stock? OGCP Key Strengths

Claude
  • + Positive operating cash flow of $249.1M provides near-term liquidity buffer
  • + Respectable operating margin of 17.7% demonstrates core rental operations remain profitable
  • + Substantial asset base of $4.5B provides collateral foundation

OGCP Stock Risks: Empire State Realty OP, L.P. Investment Risks

Claude
  • ! Critical interest coverage ratio of 1.3x leaves minimal room for cash flow deterioration or rate increases
  • ! Negative free cash flow (-$10.8M) is unsustainable; capex exceeds operating cash generation
  • ! High leverage with $2.4B debt and only $132.7M cash creates refinancing risk
  • ! Revenue growth essentially flat (+0.2%) with declining net income and EPS

Key Metrics to Watch

Claude
  • * Free cash flow trend and debt paydown progress
  • * Interest coverage ratio improvement trajectory
  • * Operating cash flow stability amid commercial real estate headwinds

Empire State Realty OP, L.P. (OGCP) Financial Metrics & Key Ratios

Revenue
$768.3M
Net Income
$68.8M
EPS (Diluted)
$0.25
Free Cash Flow
$-10.8M
Total Assets
$4.5B
Cash Position
$132.7M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

OGCP Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 17.7%
Net Margin 9.0%
ROE N/A
ROA 1.5%
FCF Margin -1.4%

OGCP vs Real Estate Sector: How Empire State Realty OP, L.P. Compares

How Empire State Realty OP, L.P. compares to Real Estate sector averages

Net Margin
OGCP 9.0%
vs
Sector Avg 20.0%
OGCP Sector
ROE
OGCP 0.0%
vs
Sector Avg 8.0%
OGCP Sector
Current Ratio
OGCP 0.0x
vs
Sector Avg 1.5x
OGCP Sector
Debt/Equity
OGCP 0.0x
vs
Sector Avg 1.5x
OGCP Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Empire State Realty OP, L.P. Stock Overvalued? OGCP Valuation Analysis 2026

Based on fundamental analysis, Empire State Realty OP, L.P. has mixed fundamental signals relative to the Real Estate sector in 2026.

Return on Equity
N/A
Sector avg: 8%
Net Profit Margin
9.0%
Sector avg: 20%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 1.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Empire State Realty OP, L.P. Balance Sheet: OGCP Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
N/A
Debt/Assets
59.2%
Interest Coverage
1.32x
Long-term Debt
$2.4B

OGCP Revenue & Earnings Growth: 5-Year Financial Trend

OGCP 5-year financial data: Year 2024: Revenue $766.8M, Net Income $63.2M, EPS $0.22. Year 2025: Revenue $766.8M, Net Income $84.4M, EPS $0.30.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Empire State Realty OP, L.P.'s revenue has shown modest growth of 0% over the 5-year period. The most recent EPS of $0.30 reflects profitable operations.

OGCP Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-1.4%
Free cash flow / Revenue

OGCP Quarterly Earnings & Performance

Quarterly financial performance data for Empire State Realty OP, L.P. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $197.3M $13.6M $0.05
Q2 2025 $189.2M $11.4M $0.04
Q1 2025 $179.6M $10.2M $0.03

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Empire State Realty OP, L.P. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$249.1M
Cash generated from operations
Stock Buybacks
$8.1M
Shares repurchased (TTM)
Capital Expenditures
$259.9M
Investment in assets
Dividends Paid
$39.0M
Returned to shareholders

OGCP SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Empire State Realty OP, L.P. (CIK: 0001553079)

📋 Recent SEC Filings

Date Form Document Action
Mar 16, 2026 8-K esrt-20260315.htm View →
Mar 2, 2026 10-K esrt-20251231.htm View →
Feb 17, 2026 8-K esrt-20260217.htm View →
Dec 5, 2025 8-K esrt-20251205.htm View →
Dec 2, 2025 8-K esrt-20251202.htm View →

Frequently Asked Questions about OGCP

What is the AI rating for OGCP?

Empire State Realty OP, L.P. (OGCP) has an AI rating of SELL with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are OGCP's key strengths?

Claude: Positive operating cash flow of $249.1M provides near-term liquidity buffer. Respectable operating margin of 17.7% demonstrates core rental operations remain profitable.

What are the risks of investing in OGCP?

Claude: Critical interest coverage ratio of 1.3x leaves minimal room for cash flow deterioration or rate increases. Negative free cash flow (-$10.8M) is unsustainable; capex exceeds operating cash generation.

What is OGCP's revenue and growth?

Empire State Realty OP, L.P. reported revenue of $768.3M.

Does OGCP pay dividends?

Empire State Realty OP, L.P. pays dividends, with $39.0M distributed to shareholders in the trailing twelve months.

Where can I find OGCP SEC filings?

Official SEC filings for Empire State Realty OP, L.P. (CIK: 0001553079) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is OGCP's EPS?

Empire State Realty OP, L.P. has a diluted EPS of $0.25.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is OGCP a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Empire State Realty OP, L.P. has a SELL rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is OGCP stock overvalued or undervalued?

Valuation metrics for OGCP: ROE of N/A (sector avg: 8%), net margin of 9.0% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.

Should I buy OGCP stock in 2026?

Our dual AI analysis gives Empire State Realty OP, L.P. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is OGCP's free cash flow?

Empire State Realty OP, L.P.'s operating cash flow is $249.1M, with capital expenditures of $259.9M. FCF margin is -1.4%.

How does OGCP compare to other Real Estate stocks?

Vs Real Estate sector averages: Net margin 9.0% (avg: 20%), ROE N/A (avg: 8%), current ratio N/A (avg: 1.5).

Top Rated Stocks
NSSC 92% MLI 92% MELI 92% MDXG 92% MANH 92% INVA 92% GGG 92% GCT 92% FTNT 92% FSLR 92%
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 13, 2026 | Data as of: 2025-12-31 | Powered by Claude AI