(EPRT) Essential Properties Realty - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US29670E1073

Stock: Retail Properties, Service Properties, Real Estate

Total Rating 36
Risk 41
Buy Signal -0.60
Risk 5d forecast
Volatility 19.5%
Relative Tail Risk 3.41%
Reward TTM
Sharpe Ratio 0.19
Alpha -1.67
Character TTM
Beta 0.285
Beta Downside 0.426
Drawdowns 3y
Max DD 20.31%
CAGR/Max DD 0.84

EPS (Earnings per Share)

EPS (Earnings per Share) of EPRT over the last years for every Quarter: "2021-03": 0.14, "2021-06": 0.2, "2021-09": 0.23, "2021-12": 0.24, "2022-03": 0.23, "2022-06": 0.27, "2022-09": 0.26, "2022-12": 0.25, "2023-03": 0.29, "2023-06": 0.35, "2023-09": 0.29, "2023-12": 0.31, "2024-03": 0.28, "2024-06": 0.29, "2024-09": 0.27, "2024-12": 0.293, "2025-03": 0.2985, "2025-06": 0.3093, "2025-09": 0.33, "2025-12": 0.3358,

Revenue

Revenue of EPRT over the last years for every Quarter: 2021-03: 48.552, 2021-06: 57.066, 2021-09: 59.601, 2021-12: 63.818, 2022-03: 70.121, 2022-06: 71.446, 2022-09: 70.663, 2022-12: 74.276, 2023-03: 83.687, 2023-06: 86.516, 2023-09: 91.693, 2023-12: 97.734, 2024-03: 103.501, 2024-06: 109.268, 2024-09: 117.132, 2024-12: 119.708, 2025-03: 129.354, 2025-06: 137.062, 2025-09: 144.934, 2025-12: 150.539,

Description: EPRT Essential Properties Realty March 04, 2026

Essential Properties Realty Trust Inc. (EPRT) is a real estate investment trust (REIT) that acquires and manages single-tenant properties across the United States. Its portfolio includes properties leased to middle-market businesses in sectors such as restaurants, automotive services, and healthcare. REITs are legally required to distribute at least 90% of their taxable income to shareholders, which exempts them from federal corporate income tax.

The companys business model focuses on long-term leases with a diverse range of tenants. This strategy aims to provide stable rental income. For deeper insights into EPRTs financial performance and valuation, ValueRay offers comprehensive analysis.

Headlines to watch out for

  • Tenant health impacts rent collection and occupancy rates
  • Interest rate changes affect borrowing costs and property valuations
  • Acquisition volume drives portfolio growth and rental income
  • Economic downturns reduce tenant demand and increase vacancies
  • Regulatory changes for REITs influence tax obligations

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income: 253.0m TTM > 0 and > 6% of Revenue
FCF/TA: -0.06 > 0.02 and ΔFCF/TA -1.79 > 1.0
NWC/Revenue: 97.19% < 20% (prev 108.9%; Δ -11.73% < -1%)
CFO/TA 0.06 > 3% & CFO 381.1m > Net Income 253.0m
Net Debt (2.46b) to EBITDA (519.0m): 4.74 < 3
Current Ratio: 6.13 > 1.5 & < 3
Outstanding Shares: last quarter (201.6m) vs 12m ago 10.58% < -2%
Gross Margin: 84.05% > 18% (prev 0.99%; Δ 8.31k% > 0.5%)
Asset Turnover: 8.88% > 50% (prev 7.75%; Δ 1.12% > 0%)
Interest Coverage Ratio: 3.17 > 6 (EBITDA TTM 519.0m / Interest Expense TTM 115.3m)

Altman Z'' 0.81

A: 0.08 (Total Current Assets 652.5m - Total Current Liabilities 106.4m) / Total Assets 6.86b
B: -0.02 (Retained Earnings -109.3m / Total Assets 6.86b)
C: 0.06 (EBIT TTM 365.4m / Avg Total Assets 6.33b)
D: -0.05 (Book Value of Equity -128.1m / Total Liabilities 2.66b)
Altman-Z'' Score: 0.81 = B

Beneish M

DSRI: 0.96 (Receivables 631.8m/525.5m, Revenue 561.9m/449.6m)
GMI: 1.18 (GM 84.05% / 98.89%)
AQI: none (AQ_t none / AQ_t-1 none)
SGI: 1.25 (Revenue 561.9m / 449.6m)
TATA: -0.02 (NI 253.0m - CFO 381.1m) / TA 6.86b)
Beneish M-Score: cannot calculate (missing components)

What is the price of EPRT shares?

As of March 20, 2026, the stock is trading at USD 32.57 with a total of 1,748,416 shares traded.
Over the past week, the price has changed by -1.36%, over one month by +0.03%, over three months by +8.22% and over the past year by +6.17%.

Is EPRT a buy, sell or hold?

Essential Properties Realty has received a consensus analysts rating of 4.42. Therefore, it is recommended to buy EPRT.
  • StrongBuy: 11
  • Buy: 5
  • Hold: 3
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the EPRT price?

Issuer Target Up/Down from current
Wallstreet Target Price 36.9 13.1%
Analysts Target Price 36.9 13.1%

EPRT Fundamental Data Overview March 19, 2026

P/E Trailing = 25.8672
P/E Forward = 24.57
P/S = 12.4149
P/B = 1.6496
Revenue TTM = 561.9m USD
EBIT TTM = 365.4m USD
EBITDA TTM = 519.0m USD
Long Term Debt = 2.51b USD (from longTermDebt, last quarter)
Short Term Debt = 923k USD (from shortTermDebt, last quarter)
Debt = 2.52b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.46b USD (from netDebt column, last quarter)
Enterprise Value = 9.43b USD (6.97b + Debt 2.52b - CCE 60.2m)
Interest Coverage Ratio = 3.17 (Ebit TTM 365.4m / Interest Expense TTM 115.3m)
EV/FCF = -21.45x (Enterprise Value 9.43b / FCF TTM -439.6m)
FCF Yield = -4.66% (FCF TTM -439.6m / Enterprise Value 9.43b)
FCF Margin = -78.23% (FCF TTM -439.6m / Revenue TTM 561.9m)
Net Margin = 45.03% (Net Income TTM 253.0m / Revenue TTM 561.9m)
Gross Margin = 84.05% ((Revenue TTM 561.9m - Cost of Revenue TTM 89.6m) / Revenue TTM)
Gross Margin QoQ = 44.18% (prev none%)
Tobins Q-Ratio = 1.37 (Enterprise Value 9.43b / Total Assets 6.86b)
Interest Expense / Debt = 1.34% (Interest Expense 33.8m / Debt 2.52b)
Taxrate = 0.23% (159k / 68.4m)
NOPAT = 364.5m (EBIT 365.4m * (1 - 0.23%))
Current Ratio = 6.13 (Total Current Assets 652.5m / Total Current Liabilities 106.4m)
Debt / Equity = 0.60 (Debt 2.52b / totalStockholderEquity, last quarter 4.20b)
Debt / EBITDA = 4.74 (Net Debt 2.46b / EBITDA 519.0m)
Debt / FCF = -5.60 (negative FCF - burning cash) (Net Debt 2.46b / FCF TTM -439.6m)
Total Stockholder Equity = 3.92b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.00% (Net Income 253.0m / Total Assets 6.86b)
RoE = 6.45% (Net Income TTM 253.0m / Total Stockholder Equity 3.92b)
RoCE = 5.68% (EBIT 365.4m / Capital Employed (Equity 3.92b + L.T.Debt 2.51b))
RoIC = 5.77% (NOPAT 364.5m / Invested Capital 6.32b)
WACC = 5.47% (E(6.97b)/V(9.49b) * Re(6.97%) + D(2.52b)/V(9.49b) * Rd(1.34%) * (1-Tc(0.00)))
Discount Rate = 6.97% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 12.54%
[DCF] Fair Price = unknown (Cash Flow -439.6m)
EPS Correlation: 66.48 | EPS CAGR: 10.62% | SUE: 0.42 | # QB: 0
Revenue Correlation: 99.52 | Revenue CAGR: 22.60% | SUE: 2.03 | # QB: 4
EPS next Quarter (2026-06-30): EPS=0.33 | Chg7d=-0.008 | Chg30d=-0.013 | Revisions Net=-2 | Analysts=3
EPS current Year (2026-12-31): EPS=1.32 | Chg7d=-0.029 | Chg30d=-0.039 | Revisions Net=-2 | Growth EPS=+3.7% | Growth Revenue=+17.4%
EPS next Year (2027-12-31): EPS=1.38 | Chg7d=-0.008 | Chg30d=-0.022 | Revisions Net=-2 | Growth EPS=+4.6% | Growth Revenue=+16.2%
[Analyst] Revisions Ratio: -1.00 (0 Up / 2 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 4.1% (Discount Rate 7.9% - Earnings Yield 3.9%)
[Growth] Growth Spread = +12.9% (Analyst 17.0% - Implied 4.1%)

Additional Sources for EPRT Stock

Fund Manager Positions: Dataroma | Stockcircle