EPRT
ESSENTIAL PROPERTIES REALTY TRUST, INC.
NYSE · Real Estate · REIT - Diversified · US
$28.07
+2.31%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 687.8M | 561.9M | 449.6M | 359.6M | 286.5M |
| Cost of Revenue | 221.3M | 89.6M | 5.0M | 4.7M | 3.5M |
| Gross Profit | 466.5M | 472.3M | 444.6M | 354.9M | 283.1M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 45.8M | 40.9M | 35.2M | 30.7M | 29.5M |
| General & Admin Expense | 45.8M | 40.9M | 35.2M | 30.7M | 29.5M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 17.9M | 68.9M | 131.3M | 81.5M | 78.2M |
| Total Operating Expenses | 63.7M | 109.8M | 166.4M | 112.2M | 107.6M |
| Cost and Expenses | 285.0M | 199.4M | 171.4M | 116.8M | 111.1M |
| Operating Income (EBIT) | 402.8M | 362.5M | 278.2M | 242.8M | 175.4M |
| Non-Operating | |||||
| Interest Income | 19.4M | 19.1M | 3.1M | 2.0M | 2.8M |
| Interest Expense | 129.7M | 115.3M | 78.5M | 52.6M | 40.4M |
| Net Interest Income | (110.3M) | (96.2M) | (75.5M) | (50.6M) | (37.5M) |
| Other Non-Op Income/Expense | (138.2M) | (108.1M) | (73.9M) | (50.7M) | (39.7M) |
| Non-Operating Income (excl Interest) | 9.0M | (2.9M) | (4.6M) | (7.1M) | 10.5M |
| EBT (Pre-Tax Income) | 264.5M | 254.4M | 204.3M | 192.1M | 135.7M |
| Income Tax Expense | 1.2M | 643.0K | 628.0K | 636.0K | 998.0K |
| Bottom Line | |||||
| Net Income | 262.5M | 253.0M | 203.0M | 190.7M | 134.1M |
| Earnings from Cont. Ops | 263.4M | 253.7M | 203.6M | 191.4M | 134.7M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 262.1M | 252.9M | 203.0M | 190.3M | 134.4M |
| Per Share | |||||
| Basic EPS | $1.24 | $1.29 | $1.16 | $1.25 | $0.99 |
| Diluted EPS | $1.23 | $1.28 | $1.15 | $1.24 | $0.99 |
| Revenue Per Share | $3.17 | $2.81 | $2.59 | $2.36 | $2.12 |
| Shares | |||||
| Basic Shares Outstanding | 216.7M | 199.9M | 173.9M | 152.1M | 134.9M |
| Diluted Shares Outstanding | 219.1M | 201.6M | 177.1M | 153.5M | 135.9M |
| Profitability Metrics | |||||
| EBITDA | 571.1M | 519.0M | 405.0M | 352.1M | 253.3M |
| D&A | 177.3M | 153.6M | 122.2M | 101.9M | 88.3M |
| EBIT | 393.8M | 365.4M | 282.8M | 249.8M | 164.9M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026