XNYSEPRT
Market cap5.54bUSD
Jan 08, Last price
31.61USD
1D
1.05%
1Q
-2.74%
IPO
132.43%
Name
Essential Properties Realty Trust Inc
Chart & Performance
P/E
29.06
P/S
15.41
EPS
1.09
Div Yield, %
3.04%
Shrs. gr., 5y
28.54%
Rev. gr., 5y
30.17%
Revenues
360m
+25.51%
Net income
191m
+42.18%
CFO
255m
+20.64%
Dividend
Sep 30, 20240.29 USD/sh
Earnings
Feb 12, 2025
Profile
Essential Properties Realty Trust, Inc., a real estate company, acquires, owns, and manages single-tenant properties in the United States. The company leases its properties to middle-market companies, such as restaurants, car washes, automotive services, medical and dental services, convenience stores, equipment rental, entertainment, early childhood education, grocery, and health and fitness on a long-term basis. As of December 31, 2021, it had a portfolio of 1, 451 properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2016 and is headquartered in Princeton, New Jersey.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | |
| Income | ||||||||
Revenues | 359,595 25.51% | 286,506 24.44% | ||||||
Cost of revenue | 38,889 | 32,916 | ||||||
Unusual Expense (Income) | ||||||||
NOPBT | 320,706 | 253,590 | ||||||
NOPBT Margin | 89.19% | 88.51% | ||||||
Operating Taxes | 636 | 998 | ||||||
Tax Rate | 0.20% | 0.39% | ||||||
NOPAT | 320,070 | 252,592 | ||||||
Net income | 190,707 42.18% | 134,130 40.12% | ||||||
Dividends | (168,231) | (141,691) | ||||||
Dividend yield | 4.29% | 4.44% | ||||||
Proceeds from repurchase of equity | 507,318 | 401,432 | ||||||
BB yield | -12.93% | -12.59% | ||||||
| Debt | ||||||||
Debt current | 1,641 | 8,979 | ||||||
Long-term debt | 1,691,030 | 1,432,329 | ||||||
Deferred revenue | 1,503,262 | |||||||
Other long-term liabilities | 30,442 | (1,500,988) | ||||||
Net debt | 1,652,864 | 1,347,471 | ||||||
| Cash flow | ||||||||
Cash from operating activities | 254,574 | 211,022 | ||||||
CAPEX | (728,727) | |||||||
Cash from investing activities | (857,125) | (706,078) | ||||||
Cash from financing activities | 580,014 | 506,798 | ||||||
FCF | 649,498 | (8,994) | ||||||
| Balance | ||||||||
Cash | 39,807 | 62,345 | ||||||
Long term investments | 31,492 | |||||||
Excess cash | 21,827 | 79,512 | ||||||
Stockholders' equity | (91,457) | (66,534) | ||||||
Invested Capital | 4,790,366 | 3,995,336 | ||||||
ROIC | 7.29% | 6.89% | ||||||
ROCE | 6.83% | 6.44% | ||||||
| EV | ||||||||
Common stock shares outstanding | 153,522 | 135,856 | ||||||
Price | 25.56 8.90% | 23.47 -18.59% | ||||||
Market cap | 3,924,019 23.07% | 3,188,538 -5.85% | ||||||
EV | 5,585,306 | 4,544,519 | ||||||
EBITDA | 422,650 | 341,935 | ||||||
EV/EBITDA | 13.21 | 13.29 | ||||||
Interest | 52,597 | 40,370 | ||||||
Interest/NOPBT | 16.40% | 15.92% | ||||||