Essential Properties Realty Trust, Inc. (EPRT)
NYSE: EPRT · Real-Time Price · USD
28.08
-0.21 (-0.74%)
At close: Nov 10, 2026, 4:00 PM EST
28.07
-0.01 (-0.04%)
After-hours: Nov 10, 2026, 7:00 PM EST
EPRT Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Rental Revenue | 598.36 | 527.53 | 425.75 | 339.9 | 269.83 | 213.33 |
Other Revenue | 3.56 | 2.06 | 0.45 | 1.57 | 1.18 | 1.2 |
| 639.22 | 561.22 | 449.61 | 359.6 | 286.51 | 230.23 | |
Revenue Growth (YoY | 20.37% | 24.82% | 25.03% | 25.51% | 24.44% | 40.38% |
Property Expenses | 6.69 | 7.58 | 5 | 4.66 | 3.45 | 5.76 |
Selling, General & Administrative | 45.79 | 40.86 | 35.16 | 30.68 | 29.46 | 24.33 |
Depreciation & Amortization | 177.29 | 153.6 | 122.16 | 102.22 | 88.56 | 69.15 |
Provision for Loan Losses | -3.48 | -0.11 | -0.23 | 0.1 | -0.09 | 0.2 |
Total Operating Expenses | 233.24 | 202.15 | 162.55 | 137.46 | 121.57 | 99.03 |
Operating Income | 405.98 | 359.07 | 287.06 | 222.13 | 164.94 | 131.2 |
Interest Expense | -125.37 | -108.08 | -78.54 | -52.6 | -40.37 | -33.61 |
Interest & Investment Income | 2.34 | 2.54 | 3.07 | 2.01 | 2.83 | 0.09 |
Other Non-Operating Income | -0.01 | - | 0.05 | - | - | - |
EBT Excluding Unusual Items | 282.94 | 253.52 | 211.63 | 171.55 | 127.4 | 97.68 |
Gain (Loss) on Sale of Assets | 18.63 | 12.85 | 5.98 | 24.17 | 30.65 | 9.34 |
Asset Writedown | -37.29 | -12 | -14.85 | -3.55 | -20.16 | -6.12 |
Total Legal Settlements | - | - | 1.5 | - | - | - |
Other Unusual Items | -0.14 | - | - | -0.12 | -2.14 | -4.46 |
Pretax Income | 264.54 | 254.38 | 204.27 | 192.05 | 135.74 | 96.44 |
Income Tax Expense | 1.17 | 0.64 | 0.63 | 0.64 | 1 | 0.23 |
Earnings From Continuing Operations | 263.37 | 253.73 | 203.64 | 191.42 | 134.74 | 96.21 |
Minority Interest in Earnings | -1.06 | -0.72 | -0.63 | -0.71 | -0.61 | -0.49 |
Net Income | 262.31 | 253.01 | 203 | 190.71 | 134.13 | 95.73 |
Preferred Dividends & Other Adjustments | 1.36 | 0.89 | 0.47 | 0.41 | 0.37 | 0.31 |
Net Income to Common | 260.95 | 252.12 | 202.53 | 190.3 | 133.76 | 95.41 |
Net Income Growth | 8.95% | 24.48% | 6.43% | 42.27% | 40.18% | 127.89% |
Basic Shares Outstanding | 211 | 196 | 174 | 152 | 135 | 116 |
Diluted Shares Outstanding | 213 | 198 | 177 | 154 | 136 | 117 |
Shares Change | 10.08% | 11.82% | 15.37% | 13.00% | 15.65% | 22.11% |
EPS (Basic) | 1.24 | 1.29 | 1.16 | 1.25 | 0.99 | 0.82 |
EPS (Diluted) | 1.23 | 1.28 | 1.15 | 1.24 | 0.99 | 0.82 |
EPS Growth | -0.91% | 11.29% | -7.80% | 25.80% | 21.15% | 86.44% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share | 1.260 | 1.205 | 1.160 | 1.120 | 1.075 | 1.000 |
Dividend Growth | 5.88% | 3.88% | 3.57% | 4.19% | 7.50% | 7.53% |
Operating Margin | 63.51% | 63.98% | 63.85% | 61.77% | 57.57% | 56.99% |
Profit Margin | 40.82% | 44.92% | 45.05% | 52.92% | 46.69% | 41.44% |
EBITDA | 583.09 | 512.54 | 408.98 | 324.08 | 252.94 | 199.95 |
EBITDA Margin | 91.22% | 91.33% | 90.96% | 90.12% | 88.28% | 86.84% |
D&A For Ebitda | 177.11 | 153.47 | 121.92 | 101.94 | 88 | 68.75 |
EBIT | 405.98 | 359.07 | 287.06 | 222.13 | 164.94 | 131.2 |
EBIT Margin | 63.51% | 63.98% | 63.85% | 61.77% | 57.57% | 56.99% |
Funds From Operations (FFO) | 458.62 | 406.33 | 334.5 | 272.9 | 212.72 | 162.04 |
Adjusted Funds From Operations (AFFO) | 427.54 | 374.64 | 307.87 | 253.4 | 208.83 | 158 |
FFO Payout Ratio | 57.34% | 57.57% | 59.69% | 61.65% | 66.61% | 69.33% |
Effective Tax Rate | 0.44% | 0.25% | 0.31% | 0.33% | 0.73% | 0.24% |
Revenue as Reported | 639.22 | 561.22 | 449.61 | 359.6 | 286.51 | 230.23 |