Essential Properties Realty Trust, Inc.

Essential Properties Realty Trust, Inc.

EPRT
Essential Properties Realty Trust, Inc.US flagNew York Stock Exchange
26.72
USD
-0.15
- -
5.78BMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
1.33
2.2
2.17
1.72
1.98
2.12
2.36
2.59
2.86
2.99
Basic EPS, GAAP
- -
0.15
0.36
0.65
0.44
0.82
0.99
1.25
1.17
1.29
1.3
Free Cash Flow per Basic Share
- -
0.55
1.05
1.38
1.04
1.44
1.56
1.67
1.77
1.94
2.01
Dividend per Share
- -
2.47
0.32
1
0.91
0.97
1.05
1.11
1.15
1.19
1.23
Book Value per Share
4.26
4.43
12.85
14.26
14.81
16.34
17.48
18.09
19
20.03
20.38
Tangible Book Value per Share
2.9
2.9
11.33
13.32
14.05
15.63
17.48
18.09
19
20.03
20.38
Basic Weighted Avg Shares
- -
41
44
64
95
116
135
152
174
196
206
Sales/Revenue/Turnover
- -
54
96
139
164
230
287
360
450
561
615
Operating Margin (%)
- -
45.2
51.06
51.52
45.98
56.99
57.57
61.77
63.85
63.98
64.09
Depreciation Expense
- -
20
32
43
59
70
88
102
122
153
169
Net Income, GAAP
- -
6
16
42
42
96
134
191
203
253
268
Effective Tax Rate (%)
- -
2.49
0.94
0.63
0.5
0.24
0.74
0.33
0.31
0.25
0.42
Profit Margin (%)
- -
11.56
16.23
30.03
25.77
41.58
46.82
53.03
45.15
45.08
43.51
Working Capital
11
28
38
124
223
283
349
342
490
598
753
LT Debt
289
754
552
736
825
1,178
1,432
1,680
2,128
2,522
2,917
Total Equity
175
181
811
1,202
1,582
2,044
2,497
2,987
3,572
4,208
4,452
Return on Invested Capital (%)
- -
3.36
4.19
4.29
3.44
4.63
4.56
5.14
5.51
5.76
5.8
Return on Capital (%)
- -
3.96
3.49
3.76
3.28
4.56
4.84
5.63
5.41
5.79
5.7
Return on Common Equity (%)
- -
3.54
4.2
4.76
3.05
5.3
5.93
6.98
6.21
6.52
6.5

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
2,512
2,613
2,903
LT Finance Leases
11
14
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
210
216
216
Market Capitalization
6,220
6,565
6,456

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
705
740
867
Cash, Cash Equivalents & STI
60
15
126
Accounts Receivable, Net
230
258
272
Inventories
3
18
4
Total Current Liabilities
106
112
114
Payables & Accruals
106
112
114
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
21.68%
17.8%
Free Cash Flow
- -
31.97%
23.53%
Net Income, GAAP
- -
47.96%
24.63%
Sales/Revenue/Turnover
- -
28.04%
24.82%
Total Cash Common Dividend
- -
22.12%
17.17%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
104
109
117
120
450
2025
129
137
145
150
561
2026
159
162
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.28
0.29
0.28
0.31
1.17
2025
0.3
0.32
0.33
0.34
1.29
2026
0.28
0.34
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.28
0.29
0.29
0.29
1.15
2025
0.3
0.3
0.3
0.3
1.19
2026
0.31
0.31
- -
- -
- -

Company Description

CEO
Peter Mavoides
Full Time Employees
56
Sector
Real Estate
Industry
REIT - Diversified
Address
5 Vaughn Drive Princeton NJ United States of America 08540
IPO Date
Jun 21, 2018
Business
Essential Properties Realty Trust, Inc. operates as an internally managed real estate investment trust primarily involved in acquiring, owning, and managing single-tenant properties across the United States. The company specializes in securing long-term, triple-net leases with middle-market businesses in various service-oriented and experience-based sectors. Its diversified tenant roster includes establishments such as quick-service and casual dining restaurants, automotive service centers, car washes, medical and dental facilities, convenience stores, equipment rental outlets, entertainment venues, early childhood education centers, grocery retailers, and health and fitness clubs. Through sale-leaseback transactions, Essential Properties Realty Trust provides crucial growth capital to its partners. As of November 21, 2025, its robust portfolio comprised 2,266 properties. Established in 2016 and headquartered in Princeton, New Jersey, the company functions as a real estate investment trust for federal income tax purposes, typically avoiding federal corporate income taxes by distributing at least 90% of its taxable income to shareholders.

Company News

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  • Amundi Has $17.85 Million Stock Holdings in Essential Properties Realty Trust, Inc. $EPRT

  • Essential Properties: Pick Up This Underrated REIT Now

  • Essential Properties Realty Trust Announces Executive Appointments and Promotions

  • Rates Up, REITs Down! Exploring The Ten Year Treasury's Relationship With Net Lease REITs

  • Essential Properties Realty Trust, Inc. Announces Quarterly Dividend of $0.32 per Share for the Third Quarter of 2026

  • The Ultimate SWAN Investment: Why Retirees Should Own Net Lease REITs

  • Essential Properties Realty Trust: A Strong Business Model That Delivers - A Value Equation Forensic Deep Dive

  • My REIT Dream Team (Part I)

  • Bank of New York Mellon Corp Makes New Investment in Essential Properties Realty Trust, Inc. $EPRT

  • Adelante Capital Management LLC Purchases New Position in Essential Properties Realty Trust, Inc. $EPRT

  • Aurora Investment Counsel Purchases Shares of 91,448 Essential Properties Realty Trust, Inc. $EPRT

  • Essential Properties Realty Trust Is Getting Close To A Buy Rating

  • Essential Properties Q2 Earnings: Still Looking Expensive

  • Bank of New York Mellon Corp Buys 15,952 Shares of Essential Properties Realty Trust, Inc. $EPRT

  • Essential Properties Realty Trust Q2 Earnings Call Highlights

  • Essential Properties Realty Trust, Inc. (EPRT) Q2 2026 Earnings Call Transcript