(EPRT) Essential Properties Realty - Overview
Stock: Single-Tenant Properties, Triple-Net Leases, Middle-Market Tenants
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 3.90% |
| Yield on Cost 5y | 6.68% |
| Yield CAGR 5y | 4.77% |
| Payout Consistency | 100.0% |
| Payout Ratio | 128.5% |
| Risk 5d forecast | |
|---|---|
| Volatility | 20.8% |
| Relative Tail Risk | 3.25% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.10 |
| Alpha | -5.81 |
| Character TTM | |
|---|---|
| Beta | 0.418 |
| Beta Downside | 0.421 |
| Drawdowns 3y | |
|---|---|
| Max DD | 20.31% |
| CAGR/Max DD | 0.64 |
Description: EPRT Essential Properties Realty January 09, 2026
Essential Properties Realty Trust, Inc. (EPRT) is a U.S. REIT that acquires, owns, and manages single-tenant, net-lease properties leased to middle-market operators across sectors such as restaurants, automotive services, medical offices, and fitness centers. The firm’s portfolio comprised 1,451 properties as of 12/31/2021, and it distributes at least 90 % of taxable income to maintain REIT tax status.
Key operating metrics (as of the most recent filings) show an occupancy rate above 96 % and an average lease term of roughly 10 years, providing stable cash flow. In 2023 the company reported a Funds From Operations (FFO) growth of 6 % year-over-year, driven by modest rent escalations and selective acquisitions in high-growth markets.
Sector-level drivers include the resilience of middle-market tenants to economic cycles, the ability of triple-net leases to pass inflationary costs to renters, and the impact of rising interest rates on REIT valuation multiples. A tightening labor market and consumer spending shifts toward essential services (e.g., health and grocery) also support demand for the property types EPRT owns.
For a deeper quantitative view, you may find ValueRay’s detailed REIT analytics worth a look.
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income: 240.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 11.39 > 1.0 |
| NWC/Revenue: 103.8% < 20% (prev 99.13%; Δ 4.68% < -1%) |
| CFO/TA 0.05 > 3% & CFO 363.0m > Net Income 240.3m |
| Net Debt (2.62b) to EBITDA (488.1m): 5.36 < 3 |
| Current Ratio: 6.75 > 1.5 & < 3 |
| Outstanding Shares: last quarter (199.9m) vs 12m ago 11.28% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 8.75% > 50% (prev 7.73%; Δ 1.02% > 0%) |
| Interest Coverage Ratio: 3.39 > 6 (EBITDA TTM 488.1m / Interest Expense TTM 101.1m) |
Altman Z'' 0.82
| A: 0.08 (Total Current Assets 647.1m - Total Current Liabilities 95.8m) / Total Assets 6.61b |
| B: -0.02 (Retained Earnings -112.2m / Total Assets 6.61b) |
| C: 0.06 (EBIT TTM 342.7m / Avg Total Assets 6.07b) |
| D: -0.05 (Book Value of Equity -130.9m / Total Liabilities 2.77b) |
| Altman-Z'' Score: 0.82 = B |
What is the price of EPRT shares?
Over the past week, the price has changed by +4.58%, over one month by +6.94%, over three months by +7.51% and over the past year by +4.05%.
Is EPRT a buy, sell or hold?
- 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 | 13.4% |
| Analysts Target Price | 36 | 13.4% |
| ValueRay Target Price | 35.3 | 11.1% |
EPRT Fundamental Data Overview February 04, 2026
P/E Forward = 22.3214
P/S = 11.2695
P/B = 1.552
Revenue TTM = 531.1m USD
EBIT TTM = 342.7m USD
EBITDA TTM = 488.1m USD
Long Term Debt = 2.63b USD (from longTermDebt, last quarter)
Short Term Debt = 347.0k USD (from shortTermDebt, last quarter)
Debt = 2.64b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.62b USD (from netDebt column, last quarter)
Enterprise Value = 8.60b USD (5.98b + Debt 2.64b - CCE 23.8m)
Interest Coverage Ratio = 3.39 (Ebit TTM 342.7m / Interest Expense TTM 101.1m)
EV/FCF = 88.47x (Enterprise Value 8.60b / FCF TTM 97.2m)
FCF Yield = 1.13% (FCF TTM 97.2m / Enterprise Value 8.60b)
FCF Margin = 18.31% (FCF TTM 97.2m / Revenue TTM 531.1m)
Net Margin = 45.25% (Net Income TTM 240.3m / Revenue TTM 531.1m)
Gross Margin = unknown ((Revenue TTM 531.1m - Cost of Revenue TTM 6.92m) / Revenue TTM)
Tobins Q-Ratio = 1.30 (Enterprise Value 8.60b / Total Assets 6.61b)
Interest Expense / Debt = 1.07% (Interest Expense 28.3m / Debt 2.64b)
Taxrate = 0.26% (170.0k / 66.0m)
NOPAT = 341.9m (EBIT 342.7m * (1 - 0.26%))
Current Ratio = 6.75 (Total Current Assets 647.1m / Total Current Liabilities 95.8m)
Debt / Equity = 0.69 (Debt 2.64b / totalStockholderEquity, last quarter 3.84b)
Debt / EBITDA = 5.36 (Net Debt 2.62b / EBITDA 488.1m)
Debt / FCF = 26.92 (Net Debt 2.62b / FCF TTM 97.2m)
Total Stockholder Equity = 3.76b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.96% (Net Income 240.3m / Total Assets 6.61b)
RoE = 6.39% (Net Income TTM 240.3m / Total Stockholder Equity 3.76b)
RoCE = 5.36% (EBIT 342.7m / Capital Employed (Equity 3.76b + L.T.Debt 2.63b))
RoIC = 5.64% (NOPAT 341.9m / Invested Capital 6.06b)
WACC = 5.50% (E(5.98b)/V(8.63b) * Re(7.45%) + D(2.64b)/V(8.63b) * Rd(1.07%) * (1-Tc(0.00)))
Discount Rate = 7.45% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 12.05%
[DCF Debug] Terminal Value 80.82% ; FCFF base≈97.2m ; Y1≈63.8m ; Y5≈29.1m
Fair Price DCF = N/A (negative equity: EV 927.9m - Net Debt 2.62b = -1.69b; debt exceeds intrinsic value)
EPS Correlation: -19.43 | EPS CAGR: -44.23% | SUE: -4.0 | # QB: 0
Revenue Correlation: 99.55 | Revenue CAGR: 24.45% | SUE: 1.57 | # QB: 3
EPS next Quarter (2026-03-31): EPS=0.33 | Chg30d=+0.001 | Revisions Net=+1 | Analysts=4
EPS next Year (2026-12-31): EPS=1.36 | Chg30d=+0.011 | Revisions Net=+1 | Growth EPS=+6.6% | Growth Revenue=+19.2%