CBL vs OGCP

Comparison between CBL& Associates Properties Inc - New (CBL, Company) and Empire State Realty OP LP (OGCP, Company).

Both CBL and OGCP are from the Real Estate sector.

5-Year PerformanceCBL has outperformed OGCP, delivering a return of +20.1% compared to -13.5%

CBL vs OGCP - Performance Comparison

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Key Characteristics

Financial metrics and valuation ratios

Metric	CBL(COMPANY)	OGCP(COMPANY)
Market Cap	$1.55B	$1.55B
Max Drawdown	39.44%	86.29%
Sharpe Ratio	2.74	-0.48
5Y Beta	0.73	0.37
Industry	Reit - Retail	Reit - Office
P/E Ratio	8.85	35.06
PEG Ratio	0.06	0.00
Dividend Yield	3.50%	2.73%
5Y Dividends CAGR	N/A	-3.58%
5Y EPS CAGR	N/A	-11.16%
Debt to Equity	1050.70%	N/A
Free Cash Flow Yield	17.49%	15.19%
P/S Ratio	2.64	2.07
P/B Ratio	3.89	0.88

Market Cap

Winner

CBL

$1.55B

OGCP

$1.55B

Max Drawdown

Winner

CBL

39.44%

OGCP

86.29%

Sharpe Ratio

Winner

CBL

2.74

OGCP

-0.48

5Y Beta

CBL

0.73

Winner

OGCP

0.37

Industry

CBL

Reit - Retail

OGCP

Reit - Office

P/E Ratio

Winner

CBL

8.85

OGCP

35.06

PEG Ratio

CBL

0.06

Winner

OGCP

0.00

Dividend Yield

Winner

CBL

3.50%

OGCP

2.73%

5Y Dividends CAGR

CBL

N/A

OGCP

-3.58%

5Y EPS CAGR

CBL

N/A

OGCP

-11.16%

Debt to Equity

CBL

1050.70%

OGCP

N/A

Free Cash Flow Yield

Winner

CBL

17.49%

OGCP

15.19%

P/S Ratio

CBL

2.64

Winner

OGCP

2.07

P/B Ratio

CBL

3.89

Winner

OGCP

0.88

CBL vs OGCP - Historical Returns

Returns include dividend reinvestment.

Period	CBL	OGCP
1 month	+6.61%	+6.48%
3 months	+35.87%	+14.20%
6 months	+36.06%	-13.52%
1 year	+110.43%	-30.09%
5 years(CAGR)	+20.06%	-13.53%
10 years(CAGR)	N/A	-9.67%
Max(CAGR)	+20.06%	-8.54%

Winner

CBL

+6.61%

OGCP

+6.48%

Winner

CBL

+35.87%

OGCP

+14.20%

Winner

CBL

+36.06%

OGCP

-13.52%

Winner

CBL

+110.43%

OGCP

-30.09%

5Y(CAGR)

Winner

CBL

+20.06%

OGCP

-13.53%

10Y(CAGR)

CBL

N/A

OGCP

-9.67%

Max(CAGR)

Winner

CBL

+20.06%

OGCP

-8.54%

CBL vs OGCP - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	CBL	OGCP
2026	+36.61%	-8.68%
2025	+35.33%	-35.42%
2024	+25.95%	+5.54%
2023	+12.62%	+48.12%
2022	-14.58%	-26.60%
2021	+4.00%	+1.19%
2020	N/A	-27.29%
2019	N/A	+3.68%
2018	N/A	-25.08%
2017	N/A	+3.73%
2016	N/A	+14.97%
2015	N/A	+3.28%
2014	N/A	+27.91%
2013	N/A	-38.37%

CBL vs OGCP Drawdown Comparison

The maximum drawdown for CBL was -34.02%, occurring on May 10, 2022. Recovery took 638 trading sessions.

The maximum drawdown for OGCP was -82.33%, occurring on May 16, 2023. This drawdown has not yet recovered.

The current CBL drawdown is -0.84%. The current OGCP drawdown is -78.81%.

Rank	CBL	OGCP
#1	-34.02% Apr 1, 2022 - Oct 16, 2024	-82.33% Oct 10, 2013 - May 16, 2023
#2	-29.03% Feb 14, 2025 - Aug 22, 2025	N/A
#3	-18.71% Nov 5, 2021 - Mar 28, 2022	N/A
#4	-12.31% Sep 11, 2025 - Nov 7, 2025	N/A
#5	-11.40% Dec 4, 2024 - Feb 13, 2025	N/A
#6	-10.58% Dec 18, 2025 - Feb 20, 2026	N/A
#7	-5.16% Oct 22, 2024 - Nov 6, 2024	N/A
#8	-4.05% Apr 27, 2026 - May 8, 2026	N/A
#9	-3.43% Mar 10, 2026 - Mar 19, 2026	N/A
#10	-3.29% May 8, 2026 - May 20, 2026	N/A
#11	-3.11% Nov 7, 2025 - Nov 21, 2025	N/A
#12	-2.90% Feb 20, 2026 - Mar 10, 2026	N/A
#13	-2.76% Mar 19, 2026 - Mar 30, 2026	N/A
#14	-2.08% Jun 2, 2026 - Jun 9, 2026	N/A
#15	-1.89% Aug 22, 2025 - Aug 29, 2025	N/A

Correlation

Correlation between CBL and OGCP is -0.40 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.40

-101

Dividend Comparison (2013 - 2026)

CBL vs OGCP dividend yield comparison.

Year	CBL	OGCP
2026	1.26%	0.61%
2025	6.76%	2.21%
2024	5.44%	1.40%
2023	6.14%	1.46%
2022	12.78%	2.12%
2021	0.00%	1.18%
2020	0.00%	2.20%
2019	0.00%	3.03%
2018	0.00%	2.85%
2017	0.00%	2.06%
2016	0.00%	2.03%
2015	0.00%	1.90%
2014	0.00%	1.92%
2013	0.00%	0.56%