EPRT
$26.09+0.50%
Essential Properties Realty Trust Inc.Stock · Real EstateUS REITs 0.3%Russell 2000 0.2%US Stock Market 0.009%Russell 3000 0.008%
EPRT financial statements
The full income statement, balance sheet, and cash-flow statement for Essential Properties Realty Trust Inc. (EPRT), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 175.3M2024-09 175.3M2024-12 187.7M2025-03 197.5M2025-06 198.1M2025-09 198.1M2025-12 209.9M2026-03 216.2M2026-06 216.3M+23.4% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 561M+24.8% | 450M+25.0% | 360M+25.5% | 287M+24.4% | 230M+40.4% | ||
| Lease income | 533M+24.4% | 428M+25.1% | 342M+25.7% | 272M+28.4% | 212M+27.4% | |
| Selling, general & administrative | 40.9M+16.2% | 35.2M+14.6% | 30.7M+4.1% | 29.5M+21.1% | 24.3M-0.5% | |
| General & administrative | 40.9M+16.2% | 35.2M+14.6% | 30.7M+4.1% | 29.5M+21.1% | 24.3M-0.5% | |
| Amortization of intangibles | 5.49M-13.9% | 6.38M-0.5% | 6.41M-15.4% | 7.58M+0.4% | 7.54M+6.7% | |
| Provision for credit losses | — | — | -99.0K-212.5% | 88.0K+143.1% | -204K-124.6% | |
| Operating income | 360M+29.4% | 278M+14.6% | 243M+38.4% | 175M+30.5% | 134M+84.6% | |
| Interest expense | 108M+37.6% | 78.5M+49.3% | 52.6M+30.3% | 40.4M+20.1% | 33.6M+13.4% | |
| Pre-tax income | 254M+24.5% | 204M+6.4% | 192M+41.5% | 136M+40.8% | 96.4M+125.6% | |
| Income tax | 644K+2.5% | 628K-1.3% | 636K-36.3% | 998K+339.6% | 227K+7.1% | |
| 253M+24.6% | 203M+6.4% | 191M+42.2% | 134M+40.1% | 95.7M+126.4% | ||
| Net income to non-controlling interest | 718K+13.2% | 634K-10.5% | 708K+15.7% | 612K+25.9% | 486K+90.6% | |
| Net income to common | 252M+24.5% | 203M+6.4% | 190M+42.3% | 134M+40.2% | 95.4M+127.9% | |
| $1.28+11.3% | $1.15-7.3% | $1.24+25.3% | $0.99+20.7% | $0.82+86.4% | ||
| EPS (basic) | $1.29+11.2% | $1.16-7.2% | $1.25+26.3% | $0.99+20.7% | $0.82+86.4% | |
| Weighted-avg shares (basic) | 196M+12.8% | 174M+14.3% | 152M+12.7% | 135M+16.0% | 116M+22.1% | |
| Weighted-avg shares (diluted) | 198M+11.8% | 177M+15.4% | 154M+13.0% | 136M+15.7% | 117M+22.1% | |
| Dividends per share | $1.11+4.8% | $1.06+5.0% | $1.01+3.2% | $0.98+9.8% | $0.89+10.6% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 60.2M+47.8% | 40.7M+2.3% | 39.8M-36.2% | 62.3M+4.3% | 59.8M+124.6% | |
| 6.86B+18.4% | 5.80B+21.6% | 4.77B+19.2% | 4.00B+21.3% | 3.30B+32.5% | ||
| Operating lease right-of-use | 8.70M-1.1% | 8.80M-1.1% | 8.90M+21.9% | 7.30M-1.4% | 7.40M+15.6% | |
| Intangible assets | 48.1M+1.1% | 47.6M-0.6% | 47.9M-10.1% | 53.2M-9.8% | 59.0M+2.7% | |
| 2.66B+19.2% | 2.23B+25.0% | 1.78B+18.5% | 1.50B+19.8% | 1.25B+38.4% | ||
| Long-term debt | 2.53B+18.8% | 2.13B+26.8% | 1.68B+17.5% | 1.43B+21.8% | 1.17B+43.0% | |
| Operating lease liability (total) | 8.80M-7.4% | 9.50M-3.1% | 9.80M+8.9% | 9.00M-4.3% | 9.40M+6.8% | |
| 4.20B+17.9% | 3.56B+19.6% | 2.98B+19.7% | 2.49B+22.2% | 2.04B+29.3% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 2.10M+11.8% | 1.88M+13.9% | 1.65M+15.6% | 1.42M+14.3% | 1.25M+17.1% | |
| Additional paid-in capital | 4.33B+18.3% | 3.66B+18.8% | 3.08B+20.1% | 2.56B+19.2% | 2.15B+27.4% | |
| Retained earnings | -109M+3.6% | -113M-7.3% | -106M+9.9% | -117M-16.0% | -101M-30.0% | |
| Accumulated other comprehensive income | -21.0M-224.2% | 16.9M+320.2% | 4.02M-90.1% | 40.7M+375.4% | -14.8M+60.2% | |
| Non-controlling interest | 7.90M-6.5% | 8.45M+0.3% | 8.42M-1.0% | 8.51M+17.6% | 7.24M+0.7% | |
| Total equity incl. non-controlling | 4.21B+17.8% | 3.57B+19.6% | 2.99B+19.6% | 2.50B+22.2% | 2.04B+29.2% | |
| Total liabilities & equity | 6.86B+18.4% | 5.80B+21.6% | 4.77B+19.2% | 4.00B+21.3% | 3.30B+32.5% | |
| Common shares issued | 210M+11.8% | 188M+13.9% | 165M+15.6% | 142M+14.2% | 125M+17.2% | |
| Common shares outstanding | 210M+11.8% | 188M+13.9% | 165M+15.6% | 142M+14.2% | 125M+17.2% | |
| Shares outstanding (cover) | 210M+11.8% | 188M+13.0% | 166M+15.1% | 144M+14.9% | 126M+17.5% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 381M+23.5% | 308M+21.2% | 255M+20.6% | 211M+26.1% | 167M+68.4% | ||
| Depreciation & amortization | 148M+28.0% | 115M+20.8% | 95.5M+18.5% | 80.6M+31.8% | 61.2M+18.2% | |
| Intangible amortization | 5.49M-13.9% | 6.38M-0.5% | 6.41M-15.4% | 7.58M+0.4% | 7.54M+6.7% | |
| -1.15B-2.7% | -1.12B-31.0% | -857M-21.4% | -706M+14.9% | -830M-52.1% | ||
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 798M-1.5% | 811M+39.8% | 580M+14.4% | 507M-26.5% | 689M+50.5% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 658M+15.3% | 570M+12.4% | 507M+25.6% | 404M-11.9% | 458M-0.6% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 234M+17.2% | 200M+18.7% | 168M+18.7% | 142M+26.1% | 112M+29.9% | |
| Net change in cash | 25.4M+737.1% | -3.98M+82.3% | -22.5M-291.9% | 11.7M-56.1% | 26.8M+129.4% | |
| Interest paid | 99.1M+34.4% | 73.7M+48.6% | 49.6M+34.6% | 36.8M+52.4% | 24.2M-10.7% | |
| Income taxes paid | 244K-72.9% | 902K-39.3% | 1.49M+22.4% | 1.21M+90.6% | 637K+16.7% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 6.23B+6.0% | 5.87B+47.2% | 3.99B+19.3% | 3.34B-7.7% | 3.62B+59.7% | |
| P/E | 24.6×-14.9% | 28.9×+28.3% | 22.5×-13.4% | 26.0×-31.2% | 37.8×-29.5% | |
| P/S | 11.1×-15.1% | 13.1×+10.1% | 11.9×-1.6% | 12.1×-23.4% | 15.7×+13.8% | |
| P/B | 1.5×-10.0% | 1.6×+16.9% | 1.4×+5.3% | 1.3×-24.7% | 1.8×+23.5% | |
| P/FCF | 140.7×+6.0% | 132.7×+47.2% | 90.2×+19.3% | 75.6×-7.7% | 81.9×+59.7% | |
| Earnings yield | 4.1%+17.5% | 3.5%-22.1% | 4.4%+15.5% | 3.8%+45.4% | 2.6%+41.8% | |
| FCF yield | 0.71%-5.7% | 0.75%-32.1% | 1.1%-16.2% | 1.3%+8.4% | 1.2%-37.4% | |
| Dividend yield | 3.8%+10.5% | 3.4%-14.2% | 4.0%-5.3% | 4.2%+34.8% | 3.1%-18.7% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: EPRT’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all EPRT filings on SEC EDGAR → Not investment advice.