Subject of the day

EPRT

Concerning the House

Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to companies operating service-oriented or experience-based businesses. As of September 30, 2025, the Company's 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. In addition, as of September 30, 2025, the Company's portfolio was 99.8% leased to tenants operating 645 different concepts across 48 states. The company was founded in 2016 and is headquartered in Princeton, New Jersey.

United States · essentialproperties.com

The Long Run

FY 2018–2025 · 8 years

Line	Latest	CAGR
Revenue	$449.61M	+35.2%
Operating income	$359.92M	+51.2%
Net income	$253.01M	+82.5%
Cash from ops	$308.48M	+45.4%

Quotation

$31.04

▲ +0.41 (+1.3%)

52w hi	$33.88
52w lo	$28.22
Vol	774.27K
As of	Aug 13

The Verdict

Hold

Our score -0.13

Short	-0.04
Medium	-0.19
Long	-0.19

computed 2026-08-13

By the Numbers

Essential Properties Realty Trust, Inc.

Real Estate · REIT - Retail

Market cap	$6.73B
Enterprise value	$9.46B
Trailing P/E	24.06x
Forward P/E	22.45x
EV / EBITDA	16.78x
P / S (ttm)	10.94x
Profit margin	43.5%
Return on equity	6.5%
Revenue growth	+18.1%
Earnings growth	+7.5%
Debt / equity	65.66

Risk Metrics

Beta vs SPX	0.32
Corr SPX	0.26
Annual vol	20.3%
Annual ret	+5.0%
Sharpe	0.25
Max DD	-17.5%

Window: 504 trading days (504 obs)

Layer Breakdown

Layer	Raw	Contribution
Fundamental	+0.17
Sector	+0.04
Technical	+0.00
Earnings	+0.00
Sentiment	+0.00

macro × 1.00 · 2026-08-13

Recent Sessions

Date	Open	High	Low	Close	Vol
Aug 13	$30.79	$31.14	$30.79	$31.04	774.27K
Aug 12	$30.10	$30.67	$30.10	$30.63	923.30K
Aug 11	$30.06	$30.33	$30.05	—	1.01M
Aug 10	$30.46	$30.46	$30.08	$30.18	1.24M
Aug 7	$30.63	$30.76	$30.45	$30.63	1.56M