Essential Properties Realty Trust financials
$26.27−0.49%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $527.5M | $425.7M | $339.9M | $269.8M | $213.3M | $155.8M | $135.7M | $94.9M |
| Gross profit | $527.5M | $425.7M | $339.9M | $269.8M | $213.3M | $155.8M | $135.7M | $94.9M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $313.4M | $248.4M | $198.9M | $128.1M | $108.2M | $58.8M | $65.2M | $43.3M |
| Net income | $253.0M | $203.0M | $190.7M | $134.1M | $95.7M | $41.9M | $41.4M | $15.6M |
| Net margin | 48.0% | 47.7% | 56.1% | 49.7% | 44.9% | 26.9% | 30.5% | 16.4% |
| Diluted EPS | $1.28 | $1.15 | $1.24 | $0.99 | $0.82 | $0.44 | $0.63 | $15613.00 |
| EBITDA | $479.0M | $385.4M | $304.7M | $240.1M | $187.3M | $126.6M | $111.4M | $47.9M |
| Operating cash flow | $381.1M | $308.5M | $254.6M | $211.0M | $167.4M | $99.4M | $88.6M | $45.9M |
| Free cash flow | $281.1M | $45.3M | $149.5M | $159.2M | $167.4M | — | — | — |
| Diluted shares | 198.1M | 177.1M | 153.5M | 135.9M | 117.5M | 96.2M | 75.3M | 0.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $60.2M | $40.7M | $39.8M | $62.3M | $59.8M | $26.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $2.51B | $2.12B | $1.67B | $1.42B | $1.18B | $825.4M |
| Total assets | $6.86B | $5.80B | $4.77B | $4.00B | $3.30B | $2.49B |
| Total liabilities | $2.66B | $2.23B | $1.78B | $1.50B | $1.25B | $906.9M |
| Shareholders' equity | $4.21B | $3.57B | $2.99B | $2.50B | $2.04B | $1.58B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology