Financials in USD. Standardized financial statements.
A compact view of how Essential Properties Realty Trust, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $561.89M | $449.61M | $359.60M | $286.51M | $230.23M | $164.01M | $139.36M | $96.22M | $54.50M | $15.53M |
| Revenue Growth? | +25.0% | +25.0% | +25.5% | +24.4% | +40.4% | +17.7% | +44.8% | +76.6% | +250.8% | 0.0% |
| Cost of Revenue? | $89.63M | $5.00M | $4.66M | $3.45M | $5.76M | $3.88M | $3.07M | $1.98M | $1.55M | $5.97M |
| Gross Profit? | $472.26M | $444.61M | $354.93M | $283.05M | $224.47M | $160.13M | $136.29M | $94.24M | $52.95M | $9.56M |
| Gross Margin? | +84.0% | +98.9% | +98.7% | +98.8% | +97.5% | +97.6% | +97.8% | +97.9% | +97.2% | +61.6% |
| Operating Expenses? | $109.80M | $166.42M | $112.18M | $107.63M | $90.05M | $87.30M | $56.48M | $45.11M | $28.45M | $13.57M |
| Operating Income? | $362.45M | $278.19M | $242.75M | $175.42M | $134.42M | $72.83M | $79.81M | $19.87M | $24.50M | $5.16M |
| EBITDA? | $518.96M | $404.97M | $352.05M | $253.50M | $199.95M | $131.84M | $118.64M | $80.82M | $44.55M | $10.59M |
| Income Before Tax | $254.37M | $204.27M | $192.05M | $135.74M | $96.44M | $42.74M | $48.33M | $20.81M | $6.46M | $3.75M |
| Income Tax Expense | $643,000 | $628,000 | $636,000 | $998,000 | $227,000 | $212,000 | $303,000 | $195,000 | $161,000 | $0 |
| Net Income? | $253.01M | $203.00M | $190.71M | $134.13M | $95.72M | $42.27M | $41.84M | $15.61M | $6.30M | $3.75M |
| EPS? | $1.29 | $1.16 | $1.25 | $0.99 | $0.82 | $0.44 | $0.65 | $0.37 | $0.47 | $0.09 |
| Diluted EPS? | $1.28 | $1.15 | $1.24 | $0.99 | $0.82 | $0.44 | $0.63 | $0.36 | $0.47 | $0.09 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality