Essential Properties Realty Trust (EPRT) financials
Essential Properties Realty Trust revenue and earnings by year
Essential Properties Realty Trust's revenue was $561 million in the fiscal year to December 31, 2025, up 24.8% from the year before. Net income was $253 million, 45.1% of revenue. Since the fiscal year to December 31, 2017, revenue has grown 33.9% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 9 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 561 | 450 | 360 | 287 | 230 | 164 | 139 | 96 | 54 |
| Revenue growth | 24.8% | 25.0% | 25.5% | 24.4% | 40.4% | 17.7% | 44.8% | 76.7% | — |
| Operating income | 347 | 272 | 219 | 145 | 125 | 67 | 69 | 45 | 22 |
| Operating margin | 61.8% | 60.5% | 60.8% | 50.5% | 54.3% | 40.9% | 49.4% | 46.4% | 40.8% |
| Net income | 253 | 203 | 191 | 134 | 96 | 42 | 42 | 16 | 6 |
| Net margin | 45.1% | 45.2% | 53.0% | 46.8% | 41.6% | 25.8% | 30.0% | 16.2% | 11.6% |
| Diluted EPS | $1.28 | $1.15 | $1.24 | $0.99 | $0.82 | $0.44 | $0.63 | — | — |
| Free cash flow | -828 | -784 | -745 | -570 | -683 | -456 | -499 | -461 | -495 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open EPRT in Markets.
See also: EPRT valuation and P/E history · EPRT returns
No forecast, no recommendation. This page describes Essential Properties Realty Trust from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.