EPRT
Essential Properties Realty Trust, Inc.30.47
-0.29-0.94%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
6.05BP/E (TTM)
24.38Basic EPS (TTM)
1.25Dividend Yield
0.04%Recent Filings
8-K
8-K
8-K
EPRT boosts Q3 AFFO, guidance
Essential Properties Realty Trust reported Q3 2025 net income of $0.33 per share, up 22% year-over-year, with AFFO climbing 12% to $0.48 per share amid $369.8 million in investments at an 8.0% cash cap rate. The portfolio stays rock-solid at 99.8% occupied, backed by 3.6x rent coverage. Yet leverage sits at 3.8x pro forma. Guidance rises to $1.87-$1.89 AFFO for 2025; 2026 eyes $1.98-$2.04.
10-Q
Q3 FY2025 results
Essential Properties Realty Trust posted solid Q3 results, with total revenues climbing 23.8% year-over-year to $144.9M, fueled by rental income up 23.6% y/y to $136.5M from a portfolio that expanded to 2,266 properties. Operating income rose 34.1% y/y to $93.7M, while diluted EPS held steady at $0.33, reconciling cleanly with 199.9M weighted shares and no anti-dilution flags. Key drivers included 199 new acquisitions adding $927.1M in investments, though impairments dipped 74.7% y/y to $1.4M. Liquidity stays robust at $23.8M cash and $880M revolver availability, supporting $2.65B total debt (4.3% weighted rate, 4.5-year maturity) with no covenant issues. Yet tenant defaults remain a persistent risk in this net-lease setup.
8-K
EPRT's 2024 ESG Report Released
Essential Properties Realty Trust released its 2024 Corporate Responsibility Report on September 17, 2025, detailing ESG progress amid record $1.2 billion in gross investments across 297 properties at an 8.0% weighted average cash cap rate. The report highlights 98% of new investments under Green Leases covering 44% of annualized base rent, alongside Budderfly partnerships yielding 14% average energy reductions in health and wellness sites, bolstering tenant efficiency. Yet governance shines with 86% independent directors and zero corruption incidents. This transparency aids long-term value creation.
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