EPRT Stock Analysis: Essential Properties Realty | NYSE
REIT - Retail | NYSE, USA | Market Cap: 5.597m USD | 12M Return: -9.9% | US29670E1073 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 59.9M
EPS Trend: 89.8%
Qual. Beats: 2
Rev. Trend: 99.8%
Qual. Beats: 6
Warnings
Tailwinds
No distinct edge detected
Seasonality 8.3 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, Inc. (NYSE: EPRT) is an internally managed real estate investment trust (REIT) that acquires, owns, and manages a portfolio of single-tenant, freestanding properties net leased on a long-term basis to tenants operating service-oriented or experience-based businesses. As of September 30, 2025, the companys portfolio consisted of 2,266 properties spanning 645 concepts across 48 states, with a weighted average lease term of 14.4 years, a weighted average rent coverage ratio of 3.6x, and 99.8% leased.
The company was founded in 2016, is headquartered in Princeton, New Jersey, and has traded on the NYSE since its June 2018 IPO. As a net lease REIT, Essential Properties operates under a structure in which tenants are generally responsible for property-level operating expenses such as real estate taxes, insurance, and maintenance, providing the landlord with predictable, long-duration rental cash flows while limiting direct operating exposure.
- Net lease REIT expands portfolio across service-based tenants
- Long weighted average lease term of 14.4 years supports revenue stability
- Rising interest rates pressure REIT capital costs and dividend yields
| Net Income: 268.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -4.58 > 1.0 |
| NWC/Revenue: 112.8% < 20% (prev 100.1%; Δ 12.64% < -1%) |
| CFO/TA 0.06 > 3% & CFO 414.1m > Net Income 268.0m |
| Net Debt (2.80b) to EBITDA (562.7m): 4.97 < 3 |
| Current Ratio: 7.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (215.0m) vs 12m ago 7.70% < -2% |
| Gross Margin: 66.72% > 18% (prev 98.69%; Δ -31.97% > 0.5%) |
| Asset Turnover: 9.64% > 50% (prev 8.00%; Δ 1.64% > 0%) |
| Interest Coverage Ratio: 3.07 > 6 (EBIT TTM 393.0m / Interest Expense TTM 128.1m) |
| A: 0.10 (Total Current Assets 863.1m - Total Current Liabilities 114.3m) / Total Assets 7.49b |
| B: -0.02 (Retained Earnings -119.8m / Total Assets 7.49b) |
| C: 0.06 (EBIT TTM 393.0m / Avg Total Assets 6.89b) |
| D: 1.45 (Book Value of Equity 4.41b / Total Liabilities 3.04b) |
| Altman-Z'' = 2.51 = A |
| DSRI: 0.96 (Receivables 728.9m/575.5m, Revenue 664.0m/503.3m) |
| GMI: 1.48 (GM 98.69% / 66.72%) |
| AQI: 0.00 (AQ_t 0.00 / AQ_t-1 0.90) |
| SGI: 1.32 (Revenue 664.0m / 503.3m) |
| TATA: -0.02 (NI 268.0m - CFO 414.1m) / TA 7.49b) |
| Beneish M = -2.99 (Cap -4..+1) = A |
As of October 05, 2026, the stock is trading at USD 25.90 with a total of 2,107,366 shares traded. Over the past week, the price has changed by -1.17%, over one month by -12.51%, over three months by -15.91% and over the past year by -9.88%.
Current recommended Stop Loss: 25.10 (which is 3.1% or 1.5 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 | 36.4 | 40.5% |
P/E Trailing = 20.0078
P/E Forward = 22.779
P/S = 9.0921
P/B = 1.3182
Revenue TTM = 664.0m USD
EBIT TTM = 393.0m USD
EBITDA TTM = 562.7m USD
Long Term Debt = 2.90b USD (from longTermDebt, last quarter)
Short Term Debt = 684k USD (from shortTermDebt, last quarter)
Debt = 2.93b USD (from shortLongTermDebtTotal, last quarter) + Leases 14.2m
Net Debt = 2.80b USD (calculated: Debt 2.93b - CCE 134.2m)
Enterprise Value = 8.39b USD (5.60b + Debt 2.93b - CCE 134.2m)
Interest Coverage Ratio = 3.07 (Ebit TTM 393.0m / Interest Expense TTM 128.1m)
EV/FCF = -59.61x (Enterprise Value 8.39b / FCF TTM -140.8m)
FCF Yield = -1.68% (FCF TTM -140.8m / Enterprise Value 8.39b)
FCF Margin = -21.21% (FCF TTM -140.8m / Revenue TTM 664.0m)
Net Margin = 40.35% (Net Income TTM 268.0m / Revenue TTM 664.0m)
Gross Margin = 66.72% ((Revenue TTM 664.0m - Cost of Revenue TTM 221.0m) / Revenue TTM)
Gross Margin QoQ = 77.62% (prev 44.83%)
Tobins Q-Ratio = 1.12 (Enterprise Value 8.39b / Total Assets 7.49b)
Interest Expense / Debt = 4.37% (Interest Expense 128.1m / Debt 2.93b)
Taxrate = 0.42% (1.12m / 269.6m)
NOPAT = 391.4m (EBIT 393.0m * (1 - 0.42%))
Current Ratio = 7.55 (Total Current Assets 863.1m / Total Current Liabilities 114.3m)
Debt / Equity = 0.67 (Debt 2.93b / totalStockholderEquity, last quarter 4.41b)
Debt / EBITDA = 4.97 (Net Debt 2.80b / EBITDA 562.7m)
Debt / FCF = -19.87 (negative FCF - burning cash) (Net Debt 2.80b / FCF TTM -140.8m)
Total Stockholder Equity = 4.21b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.89% (Net Income 268.0m / Total Assets 7.49b)
RoE = 6.37% (Net Income TTM 268.0m / Total Stockholder Equity 4.21b)
RoCE = 5.53% (EBIT 393.0m / Capital Employed (Equity 4.21b + L.T.Debt 2.90b))
RoIC = 5.33% (NOPAT 391.4m / Invested Capital 7.34b)
WACC = 5.45% (E(5.60b)/V(8.53b) * Re(6.02%) + D(2.93b)/V(8.53b) * Rd(4.37%) * (1-Tc(0.00)))
Discount Rate = 6.02% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 98.76 | Cagr: 11.34%
[DCF] Fair Price = unknown (Cash Flow -140.8m)
EPS Correlation: 89.77 | EPS CAGR: 9.07% | SUE: 1.49 | # QB: 2
Revenue Correlation: 99.78 | Revenue CAGR: 26.26% | SUE: 4.0 | # QB: 6
EPS current Quarter (2026-09-30): EPS=0.34 | Chg30d=+1.03% | Revisions=+50% | Analysts=2
EPS current Year (2026-12-31): EPS=1.34 | Chg30d=+0.00% | Revisions=-40% | GrowthEPS=+5.3% | GrowthRev=+19.2%
EPS next Year (2027-12-31): EPS=1.40 | Chg30d=+1.27% | Revisions=+50% | GrowthEPS=+4.5% | GrowthRev=+15.7%
[Analyst] Revisions Ratio: +36% (up=6, down=2)