Essential Properties Realty Trust, Inc. (EPRT) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, Essential Properties Realty Trust reported revenue of $561.2M, up 24.8% from $449.6M the year before. Net income was $253.0M (a 45.1% net margin), or $1.28 per diluted share. Gross margin was 61.8% and operating margin was 64.1%. Operating activities generated $381.1M of cash. At fiscal year end, Essential Properties Realty Trust held $6.86B in total assets against $2.66B in total liabilities, including $60.2M of cash and equivalents.
Open the full interactive Essential Properties Realty Trust financials → Quarterly statements, key ratios, valuation history and price charts.
Essential Properties Realty Trust Key Stats
| Share Price | $25.68 |
|---|---|
| Market Cap | $5.60B |
| P/E Ratio | 20.1 |
| Dividend Yield | 4.51% |
| Revenue YoY Growth | +24.8% |
| 52-Week Range | $24.95 – $33.47 |
| Shares Outstanding | 216.3 million (basic, 2026 Q2) |
Essential Properties Realty Trust Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $164.0M | $230.2M | $286.5M | $359.6M | $449.6M | $561.2M |
| Cost of Goods Sold | $97.0M | $105.2M | $141.7M | $141.0M | $177.4M | $214.1M |
| Gross Profit | $67.0M | $125.1M | $144.8M | $218.6M | $272.2M | $347.1M |
| Operating Income | $72.8M | $134.4M | $175.4M | $242.8M | $278.2M | $359.9M |
| Pre-Tax Income | $42.7M | $96.4M | $135.7M | $192.1M | $204.3M | $254.4M |
| Income Tax | $212,000 | $227,000 | $998,000 | $636,000 | $628,000 | $644,000 |
| Net Income | $42.3M | $95.7M | $134.1M | $190.7M | $203.0M | $253.0M |
| Diluted EPS | $0.44 | $0.82 | $0.99 | $1.24 | $1.15 | $1.28 |
Essential Properties Realty Trust Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $144.9M | $149.9M | $158.8M | $161.9M |
| Net Income | $65.6M | $68.1M | $59.8M | $74.3M |
| Diluted EPS | $0.33 | $0.34 | $0.28 | $0.34 |
Essential Properties Realty Trust Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $26.6M | $59.8M | $62.3M | $39.8M | $40.7M | $60.2M |
| Total Assets | $2.49B | $3.30B | $4.00B | $4.77B | $5.80B | $6.86B |
| Total Long-Term Debt | $821.2M | $1.17B | $1.43B | $1.68B | $2.13B | $2.53B |
| Total Liabilities | $906.9M | $1.25B | $1.50B | $1.78B | $2.23B | $2.66B |
| Shareholders' Equity | $1.57B | $2.04B | $2.49B | $2.98B | $3.56B | $4.20B |
Essential Properties Realty Trust Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $99.4M | $167.4M | $211.0M | $254.6M | $308.5M | $381.1M |
| Cash From Investing | -$545.5M | -$829.7M | -$706.1M | -$857.1M | -$1.12B | -$1.15B |
| Cash From Financing | $457.8M | $689.1M | $506.8M | $580.0M | $810.7M | $798.4M |
| Dividends Paid | $86.5M | $112.3M | $141.7M | $168.2M | $199.7M | $233.9M |
Figures from Essential Properties Realty Trust's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Essential Properties Realty Trust financials page for every line item.
Essential Properties Realty Trust Company Profile
| Ticker | EPRT |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | Princeton, New Jersey |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001728951 |
Frequently Asked Questions
What was Essential Properties Realty Trust's revenue in fiscal 2025?
Essential Properties Realty Trust (EPRT) reported revenue of $561.2M for fiscal 2025.
What is Essential Properties Realty Trust's annual revenue history?
Essential Properties Realty Trust's annual revenue by fiscal year: 2020: $164.0M; 2021: $230.2M; 2022: $286.5M; 2023: $359.6M; 2024: $449.6M; 2025: $561.2M.
What was Essential Properties Realty Trust's net income in fiscal 2025?
Essential Properties Realty Trust reported net income of $253.0M for fiscal 2025.
What was Essential Properties Realty Trust's earnings per share (EPS) in fiscal 2025?
Essential Properties Realty Trust's diluted EPS was $1.28 for fiscal 2025 (adjusted for any later stock splits).
What was Essential Properties Realty Trust's revenue last quarter?
In its most recent reported quarter (2026 Q2), Essential Properties Realty Trust reported revenue of $161.9M.
How much debt does Essential Properties Realty Trust have?
Essential Properties Realty Trust reported $2.53B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Essential Properties Realty Trust are outstanding?
Essential Properties Realty Trust reported a weighted average of 216.3 million basic shares outstanding in 2026 Q2.
What is Essential Properties Realty Trust's market cap?
Based on its latest closing price, Essential Properties Realty Trust (EPRT) has a market capitalization of about $5.60B.
When does Essential Properties Realty Trust's fiscal year end?
Essential Properties Realty Trust's fiscal year end, as registered with the SEC, is December 31.
Where is Essential Properties Realty Trust headquartered?
Essential Properties Realty Trust lists its business address in Princeton, New Jersey in its SEC filings.