EPRT
Essential Properties Realty Trust Inc
NYSE: EPRT · REAL ESTATE · REIT - RETAIL
$31.16
-0.61% today
Updated 2026-04-29
Market cap
$6.76B
P/E ratio
24.54
P/S ratio
11.44x
EPS (TTM)
$1.27
Dividend yield
3.89%
52W range
$28 – $34
Volume
2.4M
Essential Properties Realty Trust Inc (EPRT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.53M | $54.50M | $96.22M | $139.36M | $164.01M | $230.23M | $286.51M | $359.60M | $449.61M | $561.89M |
| Revenue growth (YoY) | — | +250.8% | +76.6% | +44.8% | +17.7% | +40.4% | +24.4% | +25.5% | +25.0% | +25.0% |
| Cost of revenue | $5.97M | $1.55M | $1.98M | $3.07M | $3.88M | $5.76M | $3.45M | $4.66M | $5.00M | $89.63M |
| Gross profit | $9.56M | $52.95M | $94.24M | $136.29M | $160.13M | $224.47M | $283.05M | $354.93M | $444.61M | $472.26M |
| Gross margin | 61.6% | 97.2% | 97.9% | 97.8% | 97.6% | 97.5% | 98.8% | 98.7% | 98.9% | 84.0% |
| R&D | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $5.63M | $8.94M | $13.76M | $21.75M | $24.44M | $24.33M | $29.46M | $30.68M | $35.16M | $40.87M |
| Operating income | $5.16M | $24.50M | $19.87M | $79.81M | $72.83M | $134.42M | $175.42M | $242.75M | $278.19M | $362.45M |
| Operating margin | 33.2% | 45.0% | 20.6% | 57.3% | 44.4% | 58.4% | 61.2% | 67.5% | 61.9% | 64.5% |
| EBITDA | $10.59M | $44.55M | $80.82M | $118.64M | $131.84M | $199.95M | $253.50M | $352.05M | $404.97M | $518.96M |
| EBITDA margin | 68.2% | 81.7% | 84.0% | 85.1% | 80.4% | 86.8% | 88.5% | 97.9% | 90.1% | 92.4% |
| EBIT | $5.16M | $14.17M | $33.28M | $75.36M | $72.42M | $131.20M | $164.94M | $250.11M | $282.81M | $365.36M |
| Interest expense | $0.00 | $22.57M | $30.19M | $27.04M | $29.65M | $33.61M | $40.37M | $52.60M | $78.54M | $115.28M |
| Income tax | $5.16M | $161000.00 | $195000.00 | $303000.00 | $212000.00 | $227000.00 | $998000.00 | $636000.00 | $628000.00 | $643000.00 |
| Effective tax rate | 57.9% | 2.5% | 1.2% | 0.7% | 0.5% | 0.2% | 0.7% | 0.3% | 0.3% | 0.3% |
| Net income | $3.75M | $6.30M | $15.61M | $41.84M | $42.27M | $95.72M | $134.13M | $190.71M | $203.00M | $253.01M |
| Net income growth (YoY) | — | +67.9% | +148.0% | +168.0% | +1.0% | +126.4% | +40.1% | +42.2% | +6.4% | +24.6% |
| Profit margin | 24.1% | 11.6% | 16.2% | 30.0% | 25.8% | 41.6% | 46.8% | 53.0% | 45.2% | 45.0% |