For Q2 FY2026 (ended June 30, 2026), Essential Properties Realty Trust reported revenue of $161.9 million, up 18.1% year-over-year. Net income was $74.3 million, up 17.5%, and operating income was $104.4 million, up 18.9%. Diluted EPS was $0.34, up 6.3%. The company had $126.2 million in cash, $4.4 billion in equity, and $2.9 billion in long-term debt.
โขRevenue increased 18.1% YoY to $161.9 million.
โขNet income rose 17.5% YoY to $74.3 million.
โขDiluted EPS grew 6.3% to $0.34.
โขLong-term debt stood at $2.9 billion as of June 30, 2026.
Informational summary based on SEC XBRL figures ยท generated by deepseek-v4-flash. Not investment advice.
Essential Properties Realty Trust 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. Founded in 2016, the company is headquartered in Princeton, New Jersey.
What does Essential Properties Realty Trust (EPRT) do?
Essential Properties Realty Trust, Inc. (EPRT) is an internally managed real estate investment trust (REIT) that focuses on acquiring, owning, and managing primarily single-tenant properties. These properties 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. The portfolio was 99.8% leased to tenants operating 645 different concepts across 48 states.
Where is Essential Properties Realty Trust (EPRT) listed and in which currency?
Essential Properties Realty Trust, Inc. (EPRT) is listed on the New York Stock Exchange (NYSE) under the ticker symbol EPRT. The company trades in United States Dollars (USD), which is the official currency of the United States. As a US-based REIT, its financial reporting and dividend payments are also denominated in USD.
What sector and industry does Essential Properties Realty Trust (EPRT) belong to?
Essential Properties Realty Trust, Inc. (EPRT) operates in the Real Estate sector and is specifically classified under the REIT - Retail industry. As a real estate investment trust, it primarily invests in income-producing real estate properties. Its focus on retail properties that are net leased to service-oriented and experience-based businesses distinguishes it within the broader REIT category.
Where is Essential Properties Realty Trust (EPRT) headquartered and what markets does it serve?
Essential Properties Realty Trust, Inc. (EPRT) is headquartered in Princeton, New Jersey, United States. The company was founded in 2016. As of September 30, 2025, its portfolio of 2,266 properties was spread across 48 states, indicating a broad geographic presence within the United States. The properties are leased to tenants operating 645 different concepts, primarily in service-oriented or experience-based businesses.
What is the business model of Essential Properties Realty Trust (EPRT) and how does it generate revenue?
Essential Properties Realty Trust (EPRT) generates revenue by acquiring, owning, and managing single-tenant properties that are net leased on a long-term basis. The net lease structure typically requires tenants to pay for property taxes, insurance, and maintenance, providing stable and predictable cash flows. As of September 30, 2025, the company's portfolio had a weighted average lease term of 14.4 years and a high rent coverage ratio of 3.6x, indicating tenants' ability to cover rent. With 99.8% of its portfolio leased, EPRT focuses on service-oriented and experience-based businesses, which tend to be less susceptible to e-commerce disruption.