A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
ESSENTIAL PROPERTIES REALTY TRUST, INC.
EPRT
$6.4B
Mkt Cap
$32.34
+0.75%
ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) has a current P/E ratio of 25.3, compared to its historical median P/E of 27.5. The stock is currently considered Fair based on its historical valuation range.
ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) has a 5-year average return on invested capital (ROIC) of 5.3%. This is below average and may indicate limited pricing power.
ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) has a market capitalization of $7.0B. It is classified as a mid-cap stock.
Yes, ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) pays a dividend with a trailing twelve-month yield of 3.49%.
Based on historical P/E analysis, ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) appears fair. The current P/E of 25.3 is 8% below its historical median of 27.5. The estimated fair value CAGR (P/E method) is 24.1%.
ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) operates in the Real Estate Investment Trusts industry, within the Real Estate sector.
We are an internally managed real estate company that acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses. We have assembled a diversified portfolio using a disciplined strategy that focuses on properties leased to tenants in businesses including, but not limited to: •Car washes, •Medical and dental services, •Early childhood education, •Quick service restaurants, •Automotive services, •Casual dining restaurants, •Convenience stores, •Equipment rental and sales, •Health and fitness, and We believe that, in general, properties leased to tenants in these industries and similar businesses are essential to the generation of the tenants' sales and profits.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 591M | 561M | 450M | 360M | 287M | 230M |
| Net Income | 256M | 252M | 203M | 190M | 134M | 95M |
| EPS | $1.25 | $1.28 | $1.15 | $1.24 | $0.99 | $0.82 |
| Free Cash Flow | -745M | 381M | 308M | 255M | 211M | 167M |
| ROIC | 5.2% | 5.8% | 5.4% | 5.7% | 4.9% | 4.7% |
| Gross Margin | - | 72.3% | 73.2% | 72.1% | 70.6% | 70.9% |
| Debt/Equity | 0.62 | 0.60 | 0.60 | 0.56 | 0.57 | 0.65 |
| Dividends/Share | $1.13 | $1.19 | $1.13 | $1.10 | $1.05 | $0.97 |
| Operating Income | 370M | 360M | 278M | 243M | 175M | 134M |
| Operating Margin | 62.6% | 64.1% | 61.9% | 67.5% | 61.2% | 58.4% |
| ROE | 5.8% | 6.5% | 6.2% | 7.0% | 5.9% | 5.3% |
| Shares Outstanding | 216M | 197M | 176M | 153M | 135M | 116M |
| Metric | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 54M | 96M | 139M | 164M | 230M | 287M | 360M | 450M | 561M | 591M |
| Gross Margin | 57.0% | 72.1% | 71.7% | 66.1% | 70.9% | 70.6% | 72.1% | 73.2% | 72.3% | N/A |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 8.8M | 14M | 22M | 24M | 24M | 29M | 31M | 35M | 41M | 42M |
| EBIT | 6.4M | 50M | 80M | 73M | 134M | 175M | 243M | 278M | 360M | 370M |
| Op. Margin | 11.8% | 52.0% | 57.3% | 44.4% | 58.4% | 61.2% | 67.5% | 61.9% | 64.1% | 62.6% |
| Net Income | 6.3M | 16M | 41M | 42M | 95M | 134M | 190M | 203M | 252M | 256M |
| Net Margin | 11.6% | 16.2% | 29.7% | 25.5% | 41.4% | 46.7% | 52.9% | 45.0% | 44.9% | 43.3% |
| Non-Recurring | 9.1M | 9.9M | 14M | 8.4M | 6.1M | 20M | 3.5M | 15M | 12M | 12M |
| Returns on Capital | ||||||||||
| ROIC | 2.2% | 6.1% | 5.9% | 3.8% | 4.7% | 4.9% | 5.7% | 5.4% | 5.8% | 5.2% |
| ROE | 3.5% | 4.2% | 4.7% | 3.0% | 5.3% | 5.9% | 7.0% | 6.2% | 6.5% | 5.8% |
| ROA | 0.7% | 1.3% | 2.5% | 1.9% | 3.3% | 3.7% | 4.3% | 3.8% | 4.0% | 3.6% |
| Cash Flow | ||||||||||
| Op. Cash Flow | 22M | 46M | 89M | 99M | 167M | 211M | 255M | 308M | 381M | 404M |
| Free Cash Flow | 22M | 44M | 89M | 99M | 167M | 211M | 255M | 308M | 381M | -745M |
| Owner Earnings | 2.9M | 19M | 46M | 42M | 101M | 121M | 155M | 182M | 227M | 240M |
| CapEx | 48K | 1.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.1B |
| Maint. CapEx | 20M | 25M | 36M | 52M | 61M | 81M | 96M | 115M | 148M | 155M |
| Growth CapEx | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 993M |
| D&A | 20M | 25M | 36M | 52M | 61M | 81M | 96M | 115M | 148M | 155M |
| CapEx/OCF | N/A | 1067.2% | 643.6% | 544.6% | 501.8% | 345.3% | 351.4% | 267.7% | 289.5% | 284.5% |
| Capital Allocation | ||||||||||
| Dividends Paid | 0 | 14M | 64M | 86M | 112M | 142M | 168M | 200M | 234M | 244M |
| Dividend Yield | N/A | 3.2% | 6.2% | 6.3% | 4.4% | 5.2% | 5.1% | 4.2% | 3.9% | 3.5% |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | 12K | 2.4M | 6.2M | 6.1M | 5.7M | 9.5M | 3.7M | 11M | 6.4M | 8.3M |
| Debt Repayment | 0 | 384M | 6.1M | 25K | 2.1M | 5.0M | 2.4M | 115K | 8.8M | 8.8M |
| Balance Sheet | ||||||||||
| Net Debt | 223M | 665M | 277M | 813M | 1.3B | 1.4B | 1.6B | 2.1B | 2.5B | 2.7B |
| Cash & Equiv. | 7.3M | 4.2M | 8.3M | 27M | 60M | 62M | 40M | 41M | 60M | 15M |
| Long-Term Debt | 230M | 515M | 239M | 821M | 1.2B | 1.4B | 1.7B | 2.1B | 2.5B | 2.6B |
| Debt/Equity | 1.27 | 1.19 | 0.24 | 0.53 | 0.65 | 0.57 | 0.56 | 0.60 | 0.60 | 0.62 |
| Interest Coverage | 0.3 | 1.7 | 3.0 | 2.5 | 4.0 | 4.3 | 4.6 | 3.5 | 3.3 | 3.2 |
| Equity | 181M | 562M | 1.2B | 1.6B | 2.0B | 2.5B | 3.0B | 3.6B | 4.2B | 4.4B |
| Total Assets | 942M | 1.4B | 2.0B | 2.5B | 3.3B | 4.0B | 4.8B | 5.8B | 6.9B | 7.2B |
| Total Liabilities | 761M | 570M | 773M | 907M | 1.3B | 1.5B | 1.8B | 2.2B | 2.7B | 2.8B |
| Intangibles | 53M | 53M | 60M | 57M | 59M | 53M | 48M | 48M | 48M | 61M |
| Retained Earnings | N/A | -7.7M | -27M | -78M | -101M | -117M | -106M | -113M | -109M | -125M |
| Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Per Share Data | ||||||||||
| EPS | N/A | 0.36 | 0.63 | 0.44 | 0.82 | 0.99 | 1.24 | 1.15 | 1.28 | 1.25 |
| Owner EPS | N/A | 0.43 | 0.70 | 0.44 | 0.86 | 0.89 | 1.01 | 1.04 | 1.15 | 1.11 |
| Book Value | N/A | 12.85 | 18.20 | 16.55 | 17.50 | 18.42 | 19.41 | 20.23 | 21.32 | 20.30 |
| Cash Flow/Share | N/A | 1.05 | 1.35 | 1.04 | 1.44 | 1.56 | 1.66 | 1.75 | 1.93 | 1.90 |
| Dividends/Share | N/A | 0.43 | 0.88 | 0.91 | 0.97 | 1.05 | 1.10 | 1.13 | 1.19 | 1.13 |
| Shares Out. | N/A | 43.7M | 65.6M | 95.2M | 116.4M | 135.1M | 153.5M | 176.1M | 197.0M | 216.2M |
| Valuation | ||||||||||
| P/E Ratio | N/A | 59.9 | 29.6 | 38.9 | 29.0 | 20.3 | 19.4 | 26.0 | 23.0 | 25.9 |
| P/FCF | N/A | 10.1 | 13.8 | 16.4 | 16.5 | 12.9 | 14.5 | 17.0 | 15.2 | N/A |
| EV/EBIT | N/A | 48.3 | 21.5 | 30.7 | 25.5 | 20.6 | 20.2 | 24.8 | 20.6 | 26.2 |
| Price/Book | N/A | 1.7 | 1.0 | 1.0 | 1.4 | 1.1 | 1.2 | 1.5 | 1.4 | 1.6 |
| Price/Sales | N/A | 9.6 | 7.4 | 8.4 | 11.1 | 9.5 | 9.2 | 10.7 | 10.7 | 11.8 |
| FCF Yield | N/A | 4.7% | 7.2% | 6.0% | 6.0% | 7.8% | 6.9% | 5.9% | 6.6% | -10.6% |
| Market Cap | N/A | 935M | 1.2B | 1.6B | 2.8B | 2.7B | 3.7B | 5.3B | 5.8B | 7.0B |
| Avg. Price | N/A | 10.03 | 15.59 | 14.37 | 21.88 | 20.04 | 21.52 | 27.15 | 30.42 | 32.34 |
| Year-End Price | N/A | 10.17 | 18.64 | 17.12 | 23.77 | 20.08 | 24.08 | 29.85 | 29.38 | 32.34 |
ESSENTIAL PROPERTIES REALTY TRUST, INC. passes 5 of 9 quality checks, suggesting mixed fundamentals.
ESSENTIAL PROPERTIES REALTY TRUST, INC. trades at 25.3x trailing earnings, compared to its 15-year median P/E of 27.5x, suggesting it is currently Fair relative to its historical range. The company's 5-year average ROIC is 5.3% with a gross margin of 71.9%. Total shareholder yield (dividends) is 3.5%. At current prices, the estimated annualized return to fair value is +24.1%.
ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) reported annual revenue of $561 million in its most recent fiscal year, based on SEC EDGAR filings.
ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) has a net profit margin of 44.9%. This is a strong margin indicating high profitability.
ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) generated $381 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) has a debt-to-equity ratio of 0.60. This indicates moderate leverage.
ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) reported earnings per share (EPS) of $1.28 in its most recent fiscal year.
ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) has a return on equity (ROE) of 6.5%. This indicates moderate shareholder returns.
ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) has a 5-year average gross margin of 71.9%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 9 years of financial data for ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) has a book value per share of $21.32, based on its most recent annual SEC filing.