EPRT Stock Analysis: Essential Properties Realty | NYSE
REIT - Retail | NYSE, USA | Market Cap: 6.782m USD | 12M Return: 2% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 58.5M
EPS Trend: 92.8%
Qual. Beats: 1
Rev. Trend: 100.0%
Qual. Beats: 5
Warnings
Tailwinds
No distinct edge detected
Seasonality 8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Essential Properties Realty Trust (NYSE: EPRT) is an internally managed real estate investment trust (REIT) that acquires, owns, and manages a portfolio of primarily single-tenant commercial properties net leased to operators of service-oriented and experience-based businesses. As a net lease REIT, the company passes most property-level operating expenses (such as real estate taxes, insurance, and maintenance) to its tenants under long-term lease agreements, resulting in a more predictable, low-overhead cash flow model compared to traditional multi-tenant landlords.
As of September 30, 2025, EPRTs portfolio consisted of 2,266 freestanding net lease properties with a weighted average lease term of 14.4 years and a weighted average rent coverage ratio of 3.6x. The portfolio was 99.8% leased across 645 different operating concepts in 48 states, providing meaningful tenant and industry diversification for a single-tenant-focused REIT. The company was founded in 2016, is headquartered in Princeton, New Jersey, and went public on the NYSE in 2018.
- Net lease portfolio expansion accelerates across service-oriented tenants
- Interest rate hikes pressure acquisition spreads and AFFO growth
- Tenant rent coverage weakens as consumer discretionary spending cools
| Net Income: 256.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.06 > 0.02 and ΔFCF/TA -5.46 > 1.0 |
| NWC/Revenue: 95.76% < 20% (prev 108.1%; Δ -12.32% < -1%) |
| CFO/TA 0.06 > 3% & CFO 403.7m > Net Income 256.7m |
| Net Debt (2.64b) to EBITDA (538.7m): 4.90 < 3 |
| Current Ratio: 6.34 > 1.5 & < 3 |
| Outstanding Shares: last quarter (212.1m) vs 12m ago 11.05% < -2% |
| Gross Margin: 70.33% > 18% (prev 98.68%; Δ -28.35% > 0.5%) |
| Asset Turnover: 8.98% > 50% (prev 7.85%; Δ 1.13% > 0%) |
| Interest Coverage Ratio: 3.07 > 6 (EBIT TTM 376.6m / Interest Expense TTM 122.8m) |
| A: 0.08 (Total Current Assets 674.4m - Total Current Liabilities 106.4m) / Total Assets 7.15b |
| B: -0.02 (Retained Earnings -124.8m / Total Assets 7.15b) |
| C: 0.06 (EBIT TTM 376.6m / Avg Total Assets 6.61b) |
| D: 1.59 (Book Value of Equity 4.39b / Total Liabilities 2.76b) |
| Altman-Z'' = 2.52 = A |
As of July 13, 2026, the stock is trading at USD 31.18 with a total of 509,414 shares traded. Over the past week, the price has changed by +0.00%, over one month by +2.04%, over three months by -1.96% and over the past year by +1.98%.
Current recommended Stop Loss: 29.70 (which is 4.7% or 2.4 ATR below the current price).
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
| Analysts Target Price | 37.1 | 19% |
P/E Trailing = 24.6299
P/E Forward = 24.6305
P/S = 11.4822
P/B = 1.5361
Revenue TTM = 593.1m USD
EBIT TTM = 376.6m USD
EBITDA TTM = 538.7m USD
Long Term Debt = 2.61b USD (from longTermDebt, last quarter)
Short Term Debt = 916k USD (from shortTermDebt, last quarter)
Debt = 2.65b USD (from shortLongTermDebtTotal, last quarter) + Leases 13.8m
Net Debt = 2.64b USD (calculated: Debt 2.65b - CCE 15.2m)
Enterprise Value = 9.42b USD (6.78b + Debt 2.65b - CCE 15.2m)
Interest Coverage Ratio = 3.07 (Ebit TTM 376.6m / Interest Expense TTM 122.8m)
EV/FCF = -20.38x (Enterprise Value 9.42b / FCF TTM -462.2m)
FCF Yield = -4.91% (FCF TTM -462.2m / Enterprise Value 9.42b)
FCF Margin = -77.93% (FCF TTM -462.2m / Revenue TTM 593.1m)
Net Margin = 43.28% (Net Income TTM 256.7m / Revenue TTM 593.1m)
Gross Margin = 70.33% ((Revenue TTM 593.1m - Cost of Revenue TTM 175.9m) / Revenue TTM)
Gross Margin QoQ = 44.83% (prev 44.18%)
Tobins Q-Ratio = 1.32 (Enterprise Value 9.42b / Total Assets 7.15b)
Interest Expense / Debt = 4.63% (Interest Expense 122.8m / Debt 2.65b)
Taxrate = 0.25% (645k / 258.0m)
NOPAT = 375.6m (EBIT 376.6m * (1 - 0.25%))
Current Ratio = 6.34 (Total Current Assets 674.4m / Total Current Liabilities 106.4m)
Debt / Equity = 0.60 (Debt 2.65b / totalStockholderEquity, last quarter 4.39b)
Debt / EBITDA = 4.90 (Net Debt 2.64b / EBITDA 538.7m)
Debt / FCF = -5.71 (negative FCF - burning cash) (Net Debt 2.64b / FCF TTM -462.2m)
Total Stockholder Equity = 4.06b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.89% (Net Income 256.7m / Total Assets 7.15b)
RoE = 6.32% (Net Income TTM 256.7m / Total Stockholder Equity 4.06b)
RoCE = 5.64% (EBIT 376.6m / Capital Employed (Equity 4.06b + L.T.Debt 2.61b))
RoIC = 5.26% (NOPAT 375.6m / Invested Capital 7.14b)
WACC = 6.01% (E(6.78b)/V(9.44b) * Re(6.55%) + D(2.65b)/V(9.44b) * Rd(4.63%) * (1-Tc(0.00)))
Discount Rate = 6.55% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 13.59%
[DCF] Fair Price = unknown (Cash Flow -462.2m)
EPS Correlation: 92.80 | EPS CAGR: 8.25% | SUE: 1.60 | # QB: 1
Revenue Correlation: 99.96 | Revenue CAGR: 25.55% | SUE: 3.55 | # QB: 5
EPS current Quarter (2026-06-30): EPS=0.34 | Chg30d=-3.60% | Revisions=+50% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.35 | Chg30d=-3.92% | Revisions=+50% | Analysts=4
EPS current Year (2026-12-31): EPS=1.34 | Chg30d=+1.42% | Revisions=-40% | GrowthEPS=+5.2% | GrowthRev=+18.6%
EPS next Year (2027-12-31): EPS=1.40 | Chg30d=+1.89% | Revisions=+50% | GrowthEPS=+4.5% | GrowthRev=+16.7%
[Analyst] Revisions Ratio: +50% (up=9, down=2)