Saturday 17 October 2026
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Essential Properties Realty Trust, Inc.
EPRT Real Estate Reit Retail
Essential Properties Realty Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $561.2 million, up 24.8% from fiscal 2024. In the quarter to June 2026, revenue grew 18.1%, EPS grew 6.25%, free cash flow grew 28.3% and total debt rose 25.1%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five, operating cash flow growth for five.
26.09
0.13
+0.50%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
7 | 6 | 6 | 7 | 5 | 5 | 6 | 8 | — | — |
P/E ratio |
22.99 | 26.97 | 20.80 | 23.09 | 35.59 | 48.18 | 39.38 | 55.36 | 56.83 | 56.83 |
P/S ratio |
10.36 | 12.10 | 11.00 | 10.77 | 14.57 | 12.32 | 11.41 | 6.13 | 0.00 | 0.00 |
P/FCF ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
P/Operating CF |
55.30 | 62.46 | 54.49 | 54.65 | 64.66 | 65.99 | 57.51 | 34.44 | 0.00 | 0.00 |
P/B ratio |
1.38 | 1.52 | 1.32 | 1.24 | 1.64 | 1.28 | 1.32 | 0.73 | 0.00 | 0.00 |
Price to Tangible BV |
1.38 | 1.52 | 1.32 | 1.24 | 1.64 | 1.28 | 1.32 | 0.73 | 0.00 | 0.00 |
EV/Sales |
14.71 | 16.71 | 15.50 | 15.48 | 19.37 | 17.09 | 16.48 | 11.58 | 0.00 | 0.00 |
EV/EBITDA |
15.79 | 18.43 | 15.91 | 16.40 | 21.23 | 20.22 | 18.20 | 22.70 | 0.00 | 0.00 |
EV/Operating CF |
21.67 | 24.35 | 21.90 | 21.01 | 26.65 | 28.20 | 25.92 | 24.26 | 9.42 | 9.42 |
EV/FCF |
(9.97) | (9.58) | (7.48) | (7.78) | (6.53) | (6.15) | (4.60) | (2.42) | (7.16) | (7.16) |
Quick Ratio |
6.37 | 5.36 | 5.01 | 5.13 | 3.66 | 4.22 | 3.53 | 6.18 | 0.11 | 5.42 |
Current Ratio |
6.37 | 5.36 | 5.01 | 5.13 | 3.66 | 4.22 | 3.53 | 6.18 | 0.11 | 5.42 |
Net Debt/EBITDA |
4.67 | 5.09 | 4.62 | 4.99 | 5.26 | 5.64 | 5.59 | 10.67 | 22.65 | 30.31 |
Debt/Assets |
36.60% | 36.52% | 34.99% | 35.52% | 35.34% | 32.76% | 36.80% | 39.11% | 54.30% | 58.51% |
Debt/Equity |
0.60 | 0.59 | 0.56 | 0.57 | 0.57 | 0.52 | 0.60 | 0.67 | 2.82 | 1.56 |
Asset Turnover |
0.09 | 0.09 | 0.08 | 0.08 | 0.08 | 0.07 | 0.08 | 0.08 | 0.08 | 0.02 |
Operating CF/Net income |
1.51 | 1.52 | 1.33 | 1.57 | 1.75 | 2.35 | 2.12 | 2.94 | 3.57 | 2.80 |
Capex/Depreciation |
(7.43) | (8.45) | (9.29) | (8.22) | (11.23) | (8.44) | (12.66) | (14.63) | (23.46) | (51.26) |
Interest Coverage |
3.33 | 3.54 | 4.62 | 4.35 | 4.00 | 2.46 | 2.95 | 15.52 | (6.94) | — |
| 6.50% | 6.19% | 6.96% | 5.91% | 5.28% | 3.04% | 4.16% | 3.15% | 3.54% | 2.11% | |
| 4.00% | 3.84% | 4.35% | 3.68% | 3.31% | 1.89% | 2.49% | 1.34% | 0.89% | 0.53% | |
ROIC |
3.38% | 3.08% | 3.29% | 2.85% | 2.67% | 1.93% | 2.61% | 0.68% | (0.03%) | 0.42% |
Return on Tangible Assets |
3.97% | 3.80% | 4.29% | 3.67% | 3.15% | 1.86% | 2.26% | 1.16% | 0.91% | 0.82% |
Average Days of Receivables |
124.23 | 116.44 | 109.16 | 100.12 | 91.93 | 84.19 | 67.90 | 54.07 | 36.86 | 29.26 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
7.28% | 7.82% | 8.53% | 10.28% | 10.57% | 14.90% | 15.60% | 14.30% | 16.12% | 27.84% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
2.35% | 2.41% | 2.50% | 3.31% | 2.47% | 3.71% | 4.48% | 2.54% | 1.54% | 0.00% |
Graham Net Nets |
(0.41) | (0.37) | (0.41) | (0.44) | (0.34) | (0.41) | (0.46) | (0.91) | 0.00 | 0.00 |
Graham Number |
24.96 | 23.16 | 23.50 | 20.30 | 17.89 | 12.82 | 16.30 | 0.00 | 0.00 | 0.00 |
Earnings Yield |
4.35% | 3.71% | 4.81% | 4.33% | 2.81% | 2.08% | 2.54% | 1.81% | 1.76% | 1.76% |
Free Cash Flow Yield |
(14.25%) | (14.42%) | (18.83%) | (18.47%) | (20.35%) | (22.56%) | (31.36%) | (78.14%) | 0.00% | 0.00% |
Revenue per Share |
2.86 | 2.59 | 2.36 | 2.12 | 1.98 | 1.72 | 2.17 | 2.26 | 1.33 | 0.38 |
Operating CF per Share |
1.94 | 1.77 | 1.67 | 1.56 | 1.44 | 1.04 | 1.38 | 1.08 | 0.55 | 0.26 |
Capex per Share |
(6.17) | (6.29) | (6.57) | (5.78) | (7.30) | (5.83) | (9.16) | (11.89) | (12.64) | (7.08) |
Free Cash Flow per Share |
(4.23) | (4.51) | (4.90) | (4.22) | (5.87) | (4.78) | (7.78) | (10.81) | (12.09) | (6.82) |
Cash per Share |
0.36 | 0.26 | 0.32 | 0.53 | 0.51 | 0.35 | 0.33 | 0.38 | 0.47 | 0.29 |
Shareholders Equity per Share |
21.46 | 20.55 | 19.63 | 18.50 | 17.56 | 16.60 | 18.75 | 19.02 | 4.43 | 4.26 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
21.46 | 20.55 | 19.63 | 18.50 | 17.56 | 16.60 | 18.75 | 19.02 | 4.43 | 4.26 |
Free Cash Flow |
(828.43) | (784.38) | (744.86) | (569.60) | (682.57) | (455.87) | (498.78) | (461.09) | (495.34) | (279.43) |
Working Capital |
220.35 | 153.27 | 125.26 | 120.83 | 85.60 | 54.03 | 33.87 | 25.56 | (211.79) | 10.74 |
Capital Expenditures |
(1,209.51) | (1,092.86) | (999.44) | (780.62) | (849.96) | (555.25) | (587.35) | (507.01) | (517.81) | (289.95) |
Net Current Asset Value |
(2,393.76) | (2,038.14) | (1,624.75) | (1,353.17) | (1,137.24) | (836.03) | (726.09) | (539.36) | (735.89) | (278.47) |
EV/EBIT |
22.94 | 27.00 | 22.97 | 25.28 | 33.18 | 38.49 | 28.77 | 77.18 | 0.00 | 0.00 |
Capex to Sales |
2.16 | 2.43 | 2.78 | 2.72 | 3.69 | 3.39 | 4.21 | 5.27 | 9.51 | 18.68 |
Price to Operating Income |
16.16 | 19.55 | 16.30 | 17.58 | 24.96 | 27.74 | 19.93 | 40.88 | 3,519.35 | 3,519.35 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.03 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.01 |
Cash ROIC |
(12.20%) | (13.68%) | (15.83%) | (14.28%) | (20.88%) | (18.76%) | (25.57%) | (33.72%) | (69.52%) | (60.83%) |
Accounts Receivable Turnover |
3.36 | 3.58 | 3.86 | 4.20 | 4.81 | 5.14 | 6.94 | 9.74 | 16.15 | 4.60 |
Accounts Payable Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
167.22 | 125.49 | 93.07 | 68.29 | 47.91 | 31.88 | 20.09 | 9.88 | 3.37 | 3.37 |
Average Assets |
6,330.85 | 5,283.47 | 4,384.15 | 3,649.41 | 2,893.80 | 2,232.12 | 1,678.17 | 1,161.56 | 704.25 | 704.14 |
Average Common Equity |
3,890.01 | 3,279.56 | 2,741.89 | 2,270.29 | 1,812.88 | 1,392.03 | 1,006.58 | 496.22 | 178.03 | 177.83 |
Columns are period end dates