Empire State Realty Trust, Inc. (ESRT) - Dilution Analysis

Visualizing historical and potential share dilution over time

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Dilution Analysis

Low Risk

Limited dilution potential

Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares

Recent Dilution: 3.84% (2 years)

Historical Dilution Factor: minimal recent dilution

Outstanding Shares

170M

Potential Supply

Additional shares possible

Splits

None

Past 2 years

Summary

ESRT currently has 171M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 3.84% over the past 2 years.

Share Structure Timeline

Outstanding Shares

Total Supply

Historical Data Points

Date	Event	Outstanding
May 07, 2026	10-Q filing \| 170.7M shares outstanding	170M
Aug 06, 2025	10-Q filing \| 168.4M shares outstanding	170M
May 07, 2025	10-Q filing \| 167.2M shares outstanding	170M
Feb 28, 2025	10-K filing \| 164.9M shares outstanding	160M
Nov 08, 2024	10-Q filing \| 164.9M shares outstanding	160M
Oct 08, 2024	10-Q filing \| 164.3M shares outstanding	160M
May 07, 2024	10-Q filing \| 163.5M shares outstanding	160M
Feb 28, 2024	10-K filing \| 161.1M shares outstanding	160M
Nov 08, 2023	10-Q filing \| 161.9M shares outstanding	160M
Aug 04, 2023	10-Q filing \| 160.0M shares outstanding	160M
May 04, 2023	10-Q filing \| 161.3M shares outstanding	160M
Feb 28, 2023	10-K filing \| 165.0M shares outstanding	170M
Nov 03, 2022	10-Q filing \| 162.2M shares outstanding	160M
Aug 04, 2022	10-Q filing \| 167.1M shares outstanding	170M
May 05, 2022	10-Q filing \| 169.7M shares outstanding	170M
Feb 25, 2022	10-K filing \| 172.4M shares outstanding	170M
Nov 05, 2021	10-Q filing \| 172.5M shares outstanding	170M
Aug 05, 2021	10-Q filing \| 171.6M shares outstanding	170M
May 07, 2021	10-Q filing \| 171.7M shares outstanding	170M
Feb 26, 2021	10-K filing \| 175.2M shares outstanding	180M
Nov 05, 2020	10-Q filing \| 173.0M shares outstanding	170M
Aug 10, 2020	10-Q filing \| 175.4M shares outstanding	180M
May 06, 2020	10-Q filing \| 181.7M shares outstanding	180M
Feb 28, 2020	10-K filing \| 178.3M shares outstanding	180M

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