Essential Properties Realty Trust, Inc.

Essential Properties Realty Trust, Inc.

EPRTยทNYSE

$29.71

-0.87%
Real EstateREIT - Diversified

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.

At a Glance

Live Snapshot
Market Cap$6.42B
EPS1.2900
P/E Ratio23.03
Earnings Date07/22/2026
3Y+96.0%
5Y+243.0%
10Y+3517.0%
3Y+89.0%
5Y+499.0%
10Y+6647.0%
3Y+81.0%
5Y+283.0%
10Y+3523.0%
Essential Properties Realty Trust, Inc.

Essential Properties Realty Trust, Inc. Profit Bridge

EPRT ยท NYSE
Revenue561.89M
Cost of Goods Sold (89.63M)
Gross Profit472.26M
Operating Expenses (109.80M)
Operating Income362.45M
Interest Expense (115.28M)
Other Income/Expense-108.08M
Pretax Income254.37M
Income Tax (643.00K)
Net Income253.01M
Net Income
253.01M

Profitability Analysis

Gross Margin

84.0%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

64.5%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

45.0%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

0.3%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Essential Properties Realty Trust, Inc. Income Statement

EPRT โ€ข NYSE

Essential Properties Realty Trust, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
REVENUE
561.9M
449.6M
359.6M
286.5M
230.2M
164M
139.4M
96.2M
54.5M
15.5M
GROSS PROFIT
(89.6M)
(5M)
(4.7M)
(3.5M)
(5.8M)
(3.9M)
(3.1M)
(2M)
(1.5M)
(6M)
472.3M
444.6M
354.9M
283.1M
224.5M
160.1M
136.3M
94.2M
53M
9.6M
OPERATING INCOME
(109.8M)
(166.4M)
(112.2M)
(107.6M)
(90.1M)
(87.3M)
(56.5M)
(45.1M)
(28.5M)
(13.6M)
(40.9M)
(35.2M)
(30.7M)
(29.5M)
(24.3M)
(24.4M)
(21.7M)
(13.8M)
(8.9M)
(0.0)
362.5M
278.2M
242.8M
175.4M
134.4M
72.8M
79.8M
19.9M
24.5M
5.2M
PRE-TAX INCOME
(115.3M)
(78.5M)
(52.6M)
(40.4M)
(33.6M)
(29.7M)
(27M)
(30.2M)
(22.6M)
(0.0)
-96.2M
-75.5M
-50.6M
-37.5M
-33.5M
-29.2M
-26.2M
-29.3M
-22.5M
0.0
(68.9M)
(131.3M)
(81.5M)
(78.2M)
(65.7M)
(62.9M)
(34.7M)
(31.4M)
(19.5M)
-1.4M
-108.1M
-73.9M
-50.7M
-39.7M
-38M
-30.1M
-31.5M
-29.3M
-18.2M
-1.4M
254.4M
204.3M
192.1M
135.7M
96.4M
42.7M
48.3M
20.8M
6.5M
3.8M
NET INCOME
(643K)
(628K)
(636K)
(998K)
(227K)
(212K)
(303K)
(195K)
(161K)
(0.0)
253M
203M
190.7M
134.1M
95.7M
42.3M
41.8M
15.6M
6.3M
3.8M

SEC Filings

EPRT - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 01, 2026
May 29, 2026
2026
8-K

8-K 2026

N/A

June 01, 2026
June 01, 2026
2026
8-K

8-K 2026

N/A

May 12, 2026
May 11, 2026
2026
8-K/A

8-K/A 2025 (Amended)

N/A

May 08, 2026
December 16, 2025
2025
8-K

8-K 2026

N/A

April 22, 2026
April 22, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 22, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 07, 2026
April 07, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 31, 2026
May 11, 2026
2026
8-K

8-K 2026

N/A

March 09, 2026
March 06, 2026
2026
8-K

8-K 2026

N/A

March 02, 2026
March 02, 2026
2026
Showing 1 to 10 of 218 filings