NYSE$EPRT

Essential Properties Realty Trust Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Essential Properties Realty Trust reported Q4 2025, revenue of $119.5M.

For Q4 2025, Essential Properties Realty Trust reported revenue of $119.5M. Management discusses segment performance, liquidity, and outlook in the filing.

  • Revenue $119.5M.
  • Essential Properties Realty Trust details capital allocation and 2026 priorities in the release.
  • Essential Properties Realty Trust details capital allocation and 2026 priorities in the release.

Headline financials

Total Revenue

$119M

Previous: $120M-0.2%
EPS (adj)

$0.49

Previous: $0.45+8.9%
Number of Properties

2.3K

No prior period
Weighted Average Lease Term (WALT)

14.4

No prior period
Weighted Average Rent Coverage Ratio

3.6

No prior period
Weighted Average Occupancy

99.7%

No prior period
Total Square Feet of Rentable Space

25.9M

No prior period
Service-Oriented or Experience-Based (% of Cash ABR)

91.5%

No prior period
Properties Subject to Master Lease (% of Cash ABR)

66.8%

No prior period
Net Income

$68.3M

Previous: $55.4M+23.3%
Operating Income

$98.7M

Previous: $79.1M+24.8%

Revenue & EPS history

Essential Properties · Revenue · Quarterly

$119M

Q4 2025-0.2%vs Q4 2024
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Essential Properties · $86.5M total across 3 segments · Q2 2023

  • Rental Revenue
    $81.8M+22.0%
  • Interest on Loans and Direct Financing Lease Receivables
    $4.53M+14.8%
  • Other Revenue
    $163K-60.0%

Forward guidance

The filing discusses Essential Properties Realty Trust's outlook, capital allocation, and key risks for upcoming periods beyond headline Q4 2025 results.

Tailwinds

  • Essential Properties Realty Trust cites operational priorities supporting the forward outlook.
  • Balance sheet and liquidity support planned investments or returns.

Headwinds

  • Macro, input costs, or rates could pressure results versus plan.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.8%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+2.4%

Avg return

30 days after

69%

22 / 32 earnings

Positive

+7.0%

Q4 2019

Best reaction

-9.2%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.8%-2.3%-2.4%
Q4 2025+0.3%+3.6%+4.4%
Q3 2025+1.3%-2.5%+0.3%
Q2 2025+0.3%+2.5%-1.6%
Q1 2025-1.8%-0.5%-0.7%
Q4 2024+1.4%+3.3%+3.3%
Q3 2024-1.4%-3.9%-1.0%
Q2 2024-3.3%-2.6%+2.1%
Q1 2024-2.1%+0.1%+2.5%
Q4 2023+1.4%+2.0%+4.8%
Q3 2023+2.4%+1.9%+13.3%
Q2 2023-3.7%-5.0%-8.6%
Q1 2023+3.2%+2.7%-0.3%
Q4 2022+3.0%+4.9%-1.5%
Q3 2022+4.4%+6.0%+12.4%
Q2 2022+2.6%+2.8%-1.0%
Q1 2022+1.6%-6.6%-7.8%
Q4 2021+1.9%+1.1%+2.3%
Q3 2021+2.7%+1.2%-11.1%
Q2 2021+2.1%+1.1%+9.2%
Q1 2021-1.0%-1.0%+1.3%
Q4 2020+2.9%-1.5%-1.6%
Q3 2020-2.3%+6.0%+25.7%
Q2 2020+5.1%+9.7%+12.8%
Q1 2020-9.2%-11.9%+32.7%
Q4 2019+7.0%+5.4%-52.7%
Q3 2019+1.8%+6.0%+3.8%
Q2 2019+1.5%+3.6%+8.7%
Q1 2019-0.6%-1.9%+2.5%
Q4 2018+1.0%-1.4%+16.2%
Q3 2018+4.5%+4.2%+5.6%
Q2 2018+1.4%+1.2%+3.9%
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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