EPRT
Company Description
Essential Properties Realty Trust, Inc., a real estate company, acquires, owns, and manages single-tenant properties in the United States. The company leases its properties to middle-market companies, such as restaurants, car washes, automotive services, medical and dental services, convenience stores, equipment rental, entertainment, early childhood education, grocery, and health and fitness on a long-term basis. As of December 31, 2021, it had a portfolio of 1, 451 properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2016 and is headquartered in Princeton, New Jersey.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 561.89M | 449.61M | 359.60M | 286.51M | 230.23M | 164.01M | 139.36M | 96.22M | 54.50M | 15.53M |
| Net Income | 253.01M | 203.00M | 190.71M | 134.13M | 95.72M | 42.27M | 41.84M | 15.61M | 6.30M | 3.75M |
| EPS | 1.29 | 1.16 | 1.25 | 0.99 | 0.82 | 0.44 | 0.65 | 0.37 | 0.47 | 0.09 |
| Free Cash Flow | 381.08M | 308.48M | 254.57M | 211.02M | 167.39M | 99.39M | 88.57M | 44.23M | 22.43M | 10.52M |
| FCF / Share | 1.91 | 1.77 | 1.67 | 1.56 | 1.44 | 1.04 | 1.38 | 1.04 | 0.55 | 0.26 |
| Operating CF | 381.08M | 308.48M | 254.57M | 211.02M | 167.39M | 99.39M | 88.57M | 45.92M | 22.47M | 10.52M |
| Total Assets | 6.86B | 5.80B | 4.77B | 4.00B | 3.30B | 2.49B | 1.98B | 1.38B | 942.22M | 466.29M |
| Total Debt | 2.52B | 2.13B | 1.69B | 1.44B | 1.19B | 862.99M | 726.92M | 540.12M | 741.65M | 272.82M |
| Cash & Equiv | 60.18M | 40.71M | 39.81M | 62.34M | 59.76M | 26.60M | 8.30M | 4.24M | 7.25M | 1.82M |
| Book Value | 4.20B | 3.56B | 2.98B | 2.49B | 2.04B | 1.57B | 1.19B | 562.18M | 181.40M | 174.65M |
| Return on Equity | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.03 | 0.04 | 0.03 | 0.03 | 0.02 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 160.55M | 150.54M | 144.93M | 137.06M | 129.35M | 119.71M | 117.13M | 109.27M | 103.50M | 97.73M | 91.69M | 86.52M |
| Net Income | 59.79M | 68.07M | 65.62M | 63.21M | 56.11M | 55.38M | 49.14M | 51.52M | 46.98M | 49.09M | 45.91M | 52.80M |
| EPS | 0.28 | 0.34 | 0.33 | 0.32 | 0.30 | 0.31 | 0.28 | 0.29 | 0.28 | 0.31 | 0.29 | 0.35 |
| Free Cash Flow | (211.20M) | (165.37M) | (185.38M) | 99.78M | 77.16M | 87.07M | (93.88M) | (131.19M) | (129.74M) | (193.65M) | (118.17M) | (192.85M) |
| FCF / Share | -1.00 | -0.83 | -0.94 | 0.51 | 0.41 | 0.49 | -0.54 | -0.75 | -0.78 | -1.23 | -0.76 | -1.28 |
| Operating CF | 99.76M | 105.15M | 98.99M | 99.78M | 77.16M | 87.07M | 73.53M | 81.14M | 66.75M | 72.59M | 62.90M | 65.40M |
| Total Assets | 7.15B | 6.86B | 6.61B | 6.29B | 6.06B | 5.80B | 5.53B | 5.27B | 5.01B | 4.77B | 4.51B | 4.31B |
| Total Debt | 2.64B | 2.52B | 2.64B | 2.33B | 2.13B | 2.13B | 2.21B | 1.93B | 1.69B | 1.69B | 1.60B | 1.43B |
| Cash & Equiv | 15.18M | 60.18M | 23.84M | 20.78M | 47.00M | 40.71M | 32.66M | 23.56M | 79.16M | 39.81M | 36.11M | 14.11M |
| Book Value | 4.39B | 4.20B | 3.84B | 3.83B | 3.81B | 3.56B | 3.19B | 3.24B | 3.24B | 2.98B | 2.83B | 2.80B |
| Return on Equity | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 |