Company Analysis

Essential Properties Realty Trust, Inc. (EPRT)

NYSE: EPRT · Real Estate Investment Trusts · Princeton, NJ · filing with the SEC since 2018
Grade5.8
◀ Past 5.3● Present 5.8▶ Future 6.3

The grade of Essential Properties Realty Trust, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.8/10
◀ Past5.325% of the headline
● Present5.845% of the headline
▶ Future6.330% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.3/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
3.7/10

Has it survived what it has been through?

2 warning events since 2018; the latest 2021-04-09.

weight 45% of this tense · 37th percentile among 174 sector filers · read for itself

From the record

Essential Properties Realty Trust, Inc.'s filings since 2018 show 2 warning events: an auditor change (8-K item 4.01, 2 times, the latest 2021-04-09) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
8.9/10

What has it actually done, year after year?

+33.9% a year over 9 filed years; profitable in 9 of 9.

weight 33% of this tense · 89th percentile among 156 sector filers · read for its customers

From the record

Essential Properties Realty Trust, Inc.'s 9 filed years say what it did: revenue went from $54 million in fiscal 2017 to $561 million in fiscal 2025, up 33.9% a year; it rose in 8 of 8 years; it never fell from a peak; net income was positive in 9 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span33.9%top 5% of its family
  • the share of years revenue rosetop 10% of its family
  • the share of filed years with a profittop 20% of its family
  • the deepest fall from a revenue peak0.0%top 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
3.1/10

How has it treated the people who own it?

Share count grew 13.4% a year. 64% of cash flow returned. Insiders: 3 sales, 0 purchases.

weight 22% of this tense · 31st percentile among 156 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Essential Properties Realty Trust, Inc.'s diluted share count grew about 13.4% a year, and dividends and buybacks returned about 64% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 3 sales and 0 purchases of their own stock on the open market in the year to 2026-10-16 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 17% of its family
  • cash returned against operating cash flowbottom 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.8/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
5.3/10

Is it financially healthy right now?

ROE 6%: 6¢ of profit per shareholder dollar. Leverage 39%: owes 39¢ per asset dollar.

weight 45% of this tense · 53rd percentile among 171 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Essential Properties Realty Trust, Inc. earned about 6 cents of profit for every dollar of shareholders' money. Leverage: it owed about 39 cents per dollar of assets, and net share issuance: its share count grew 11.8% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 12% of its family
  • return on equitytop 44% of its family
  • the share count against the year beforebottom 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.6/10

How strong is its position in its industry?

top 24% of 157 in its family; net margin 45.1%.

weight 33% of this tense · 76th percentile among 157 sector filers · read for its customers

From the record

Essential Properties Realty Trust, Inc.'s standing among 157 graded names in its industry family: revenue of $561 million in fiscal 2025 ranks in the bottom 47% by size; a net margin of 45.1% ranks in the top 12%; revenue growth of 25.1% a year over the last 3 filed years ranks in the top 6% (its annual reports).

What it rests on

  • revenue against the family$561Mbottom 47% of its family
  • net margin45.1%top 12% of its family
  • three-year revenue growth25.1%top 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.0/10

What are the people in charge doing?

bottom 39% of 160 in its family for leadership; chief executive since 2018.

weight 22% of this tense · 39th percentile among 160 sector filers · read for its shareholders

From the record

Essential Properties Realty Trust, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Mavoides, Peter M. (CEO, as filed), filing under that title since 2018-06-20, 8.4 years (top 47% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 6.8 years (bottom 37%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (bottom 29%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 14 peoplebottom 29% of its family
  • the median years the people in charge have filed6.8 yearsbottom 37% of its family
  • the chief executive's years on the record8.4 yearstop 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.3/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.8/10

How much room does it have to grow?

top 32% of 146 in its family for room to expand.

weight 22% of this tense · 68th percentile among 146 sector filers · read for itself

From the record

Essential Properties Realty Trust, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $60 million against debt of $2.5 billion leaves -36% of its assets as net cash, bottom 44% of its family; cash from operations less capital spending is 67.9% of revenue (top 9%) (its annual report).

What it rests on

  • cash less debt against assets-36.0%bottom 44% of its family
  • cash from operations less capital spending against revenue67.9%top 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.2/10

What could actually drive growth from here?

top 28% of 153 in its family for growth drivers.

weight 33% of this tense · 72nd percentile among 153 sector filers · read for its customers

From the record

Essential Properties Realty Trust, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 25.1% a year over the last three filed years against 33.9% over all 9, slowing (bottom 25% of its family); the newest year grew 24.8% (top 7%); capital spending grew 3427.3% a year (top 1%) (its annual reports). Essential Properties Realty Trust, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-8.7 points a yearbottom 25% of its family
  • the newest year's revenue growth24.8%top 7% of its family
  • three-year growth of capital spending3427.3%top 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.4/10

Did its newest year beat what its own record pointed to?

top 46% of 150 in its family for expectations against reality.

weight 45% of this tense · 54th percentile among 150 sector filers · read for its shareholders

From the record

Essential Properties Realty Trust, Inc.'s newest year against its own record: revenue of $561 million in fiscal 2025 came in 0.3% below the $563 million its prior three years' pace pointed to (top 41% of its family); net income of $253 million against a prior three-year average of $176 million (top 34%); a net margin of 45.1% against 48.3% before (bottom 36%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-0.3%top 41% of its family
  • net income against the prior three years' average+44%top 34% of its family
  • net margin against its prior average-3.3 pointsbottom 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton EPRT · research, not advice