Essential Properties Realty Trust, Inc. (EPRT) is a publicly traded company in the Real Estate — REIT - Diversified industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Essential Properties Realty Trust, Inc. (EPRT) is a real estate enterprise focused on the acquisition, ownership, and management of freestanding, single-tenant commercial properties throughout the United States. The company leases these assets under long-term agreements to a diverse range of mid-sized businesses.
Is Essential Properties Realty Trust, Inc. stock overvalued or undervalued in 2026?
Essential Properties Realty Trust, Inc. (EPRT) trades at 20.6× earnings (P/E). At its 10-year average P/FFO (21.3×) $41 (+53 %); at the decade median (17.8×) $34 (+28 %).
Kaplio overview: Essential Properties Realty Trust, Inc.
Market cap $6B · 52 weeks $25 – $35 (22 % below the high) · P/E 20.6× · 2027 expected P/E 19.5× · Dividend 4.7 % · 5 years rising · Next earnings February 10, 2027 · expected EPS $0.34 · Closing price, Oct 28 · accounts published Oct 21.
- Valuation: P/FFO 13.9× (fairly priced).
- Business: FFO/dividend 1.6× (solid).
- Balance sheet: Net debt/EBITDA 4.7× (solid).
- Earnings: 2 of 8 (no verdict).
What would it be worth at its usual multiples?
At its 10-year average P/FFO (21.3×) $41 (+53 %); at the decade median (17.8×) $34 (+28 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in REITs: 3 of 4 pass
- P/FFO 13.9×, borderline.
- Dividend coverage (FFO/div) 1.6×, passes.
- Debt / Assets 36.8 %, passes.
- Net debt / EBITDA 4.7×, passes.
- FFO / Share $1.91, info.
Against its peers (reference peers) — Essential Properties Realty Trust, Inc.: P/B 1.3×; Div. yield 4.7 %; EV/EBITDA 15.3×; $5.7B. Rithm Capital Corp. (P/B 0.6×; Div. yield 10.8 %; EV/EBITDA 21.5×; $5.2B), Brookfield Property Partners L.P. (P/B 0.7×; Div. yield 10.9 %; EV/EBITDA 11.3×; $6.6B), STAG Industrial, Inc. (P/B 1.9×; Div. yield 4.2 %; EV/EBITDA 11.1×; $7.0B).
Expensive or cheap against its last ten fiscal years?
Precio / FFO (aprox.) at each close: today 13.9× · median 17.8× · minimum 12.8× · maximum 53.1× · cheap below 15.5× · expensive above 21.2×. It has been cheaper than today only 10% of the time over its last ten fiscal years.
Dividend
solid · Yield 4.7 % ($1.17 per share in 2025) · Years raising it 5 · 5-year growth +5 % a year · Free cash flow coverage FFO payout 61 % · With $1,000 invested today you'd collect $47.10 a year ($3.93 a month).
Profitability
| Return on Equity | 5.99% |
| Return on Invested Capital | 5.30% |
| Return on Assets | 3.41% |
| Gross Margin | 67.82% |
| Operating Margin | 58.56% |
| Net Margin | 38.17% |
Financial Health
| Debt / Equity | 0.65 |
| Current Ratio | 0.63 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 1.67 |
Price Performance
| 1 month | +1.03% |
| 3 months | -15.18% |
| Year-to-date | -10.52% |
| 1 year | -12.09% |
| 3 years | +24.37% |
| 5 years | -10.91% |
Dividend History
Paid in the last 12 months: $1.2600 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-30 | $0.3200 |
| 2026-06-30 | $0.3200 |
| 2026-03-31 | $0.3100 |
| 2025-12-31 | $0.3100 |
| 2025-09-30 | $0.3000 |
| 2025-06-30 | $0.3000 |
| 2025-03-31 | $0.2950 |
| 2024-12-31 | $0.2950 |
| 2024-09-30 | $0.2900 |
| 2024-06-28 | $0.2900 |
Amounts adjusted for stock splits.
Related companies: BPYPO · CTRE · REXR · FR · STAG · TRNO · STWD · RHP
Explore sector: Real Estate · REIT - Diversified
More sections of EPRT: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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