(EPRT) Essential Properties Realty - Ratings and Ratios

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

Single-Tenant Properties, Triple-Net Leases, Middle-Market Tenants

Stock: Diversified REITs
Age 7.6y
MCap 5,957m
Avg Vol 2.01M (60.0M USD)
Beta 0.449
Volatility 18.97%

EPS (Earnings per Share)

EPS (Earnings per Share) of EPRT over the last years for every Quarter: "2020-12": 0.05, "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,
EPS CAGR: -44.23%
EPS Trend: -19.4%
Last SUE: -4.00
Qual. Beats: 0

Revenue

Revenue of EPRT over the last years for every Quarter: 2020-12: 41.109, 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: 91.657, 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: null,
Rev. CAGR: 24.45%
Rev. Trend: 99.5%
Last SUE: 1.57
Qual. Beats: 3

Dividends

Dividend Yield 3.90%
Yield on Cost 5y 7.29%
Yield CAGR 5y 4.77%
Payout Consistency 100.0%
Payout Ratio 97.9%
Risk via 5d forecast
Volatility 19.0%
Value at Risk 5%th 32.4%
Relative Tail Risk 3.73%
Reward TTM
Sharpe Ratio -0.06
Alpha -7.15
CAGR/Max DD 0.63
Character TTM
Hurst Exponent 0.433
Beta 0.449
Beta Downside 0.449
Drawdowns 3y
Max DD 20.31%
Mean DD 5.70%
Median DD 5.55%

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 (6% = 31.9m TTM)
FCFTA 0.01 (>2.0%) and ΔFCFTA 11.39pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 103.8% (prev 99.13%; Δ 4.68pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.05 (>3.0%) and CFO 363.0m > Net Income 240.3m (YES >=105%, WARN >=100%)
Net Debt (2.62b) to EBITDA (488.1m) ratio: 5.36 <= 3.0 (WARN <= 3.5)
Current Ratio 6.75 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (199.9m) change vs 12m ago 11.28% (target <= -2.0% for YES)
Gross Margin 98.70% (prev 98.83%; Δ -0.13pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 8.75% (prev 7.73%; Δ 1.02pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 3.39 (EBITDA TTM 488.1m / Interest Expense TTM 101.1m) >= 6 (WARN >= 3)

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 (Balance) -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
Total Rating: 0.82 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 59.53

1. Piotroski 2.50pt
2. FCF Yield 1.13%
3. FCF Margin 18.31%
4. Debt/Equity 0.69
5. Debt/Ebitda 5.36
6. ROIC - WACC (= 0.07)%
7. RoE 6.39%
8. Rev. Trend 99.55%
9. EPS Trend -19.43%

What is the price of EPRT shares?

As of January 19, 2026, the stock is trading at USD 30.83 with a total of 954,487 shares traded.
Over the past week, the price has changed by +3.73%, over one month by +2.54%, over three months by -0.73% and over the past year by +0.03%.

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.
  • Strong Buy: 11
  • Buy: 5
  • Hold: 3
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the EPRT price?

Issuer Target Up/Down from current
Wallstreet Target Price 36.1 16.9%
Analysts Target Price 36.1 16.9%
ValueRay Target Price 33.9 9.8%

EPRT Fundamental Data Overview January 14, 2026

P/E Trailing = 23.984
P/E Forward = 22.0751
P/S = 11.2171
P/B = 1.535
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 = 8.57b USD (5.96b + Debt 2.64b - CCE 23.8m)
Interest Coverage Ratio = 3.39 (Ebit TTM 342.7m / Interest Expense TTM 101.1m)
EV/FCF = 88.19x (Enterprise Value 8.57b / FCF TTM 97.2m)
FCF Yield = 1.13% (FCF TTM 97.2m / Enterprise Value 8.57b)
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 = 98.70% ((Revenue TTM 531.1m - Cost of Revenue TTM 6.92m) / Revenue TTM)
Gross Margin QoQ = 98.72% (prev 98.91%)
Tobins Q-Ratio = 1.30 (Enterprise Value 8.57b / 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 = 5.57% (E(5.96b)/V(8.60b) * Re(7.57%) + D(2.64b)/V(8.60b) * Rd(1.07%) * (1-Tc(0.00)))
Discount Rate = 7.57% (= 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)
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
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=0.32 | Chg30d=+0.002 | Revisions Net=-1 | Analysts=4
EPS next Year (2026-12-31): EPS=1.35 | Chg30d=+0.030 | Revisions Net=+2 | Growth EPS=+6.1% | Growth Revenue=+18.7%

Additional Sources for EPRT Stock

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