Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 449.6M
Gross Profit 444.6M 98.89%
Operating Income 287.1M 63.85%
Net Income 203.6M 45.29%
EPS (Diluted) $1.15

Balance Sheet Metrics

Total Assets 5.8B
Total Liabilities 2.2B
Shareholders Equity 3.6B
Debt to Equity 0.62

Cash Flow Metrics

Operating Cash Flow 297.7M
Free Cash Flow 308.5M

Revenue & Profitability Trend

Essential Properties Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue449.6M359.6M286.5M230.2M164.0M
Cost of Goods Sold5.0M4.7M3.5M5.8M3.9M
Gross Profit444.6M354.9M283.1M224.5M160.1M
Operating Expenses35.2M30.7M29.5M24.1M25.3M
Operating Income287.1M222.1M164.9M131.2M75.4M
Pre-tax Income204.3M192.1M135.7M96.4M42.7M
Income Tax628.0K636.0K998.0K227.0K212.0K
Net Income203.6M191.4M134.7M96.2M42.5M
EPS (Diluted)$1.15$1.24$0.99$0.82$0.44

Income Statement Trend

Essential Properties Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets580.4M420.5M417.9M348.1M265.5M
Non-Current Assets5.2B4.3B3.6B3.0B2.2B
Total Assets5.8B4.8B4.0B3.3B2.5B
Liabilities
Current Liabilities90.8M78.4M68.7M64.8M42.5M
Non-Current Liabilities2.1B1.7B1.4B1.2B864.4M
Total Liabilities2.2B1.8B1.5B1.3B906.9M
Equity
Total Shareholders Equity3.6B3.0B2.5B2.0B1.6B

Balance Sheet Composition

Essential Properties Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income203.6M191.4M134.7M96.2M42.5M
Operating Cash Flow297.7M273.8M222.9M154.8M87.2M
Investing Activities
Capital Expenditures-----
Investing Cash Flow-30.3M142.3M74.5M20.3M9.7M
Financing Activities
Dividends Paid-199.7M-168.2M-141.7M-112.3M-86.5M
Financing Cash Flow810.7M510.0M63.8M422.1M342.8M
Free Cash Flow308.5M254.6M211.0M167.4M99.4M

Cash Flow Trend

Essential Properties Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 26.90
Forward P/E 24.57
Price to Book 1.62
Price to Sales 13.00
PEG Ratio 24.57

Profitability Ratios

Profit Margin 44.62%
Operating Margin 62.25%
Return on Equity 6.02%
Return on Assets 3.42%

Financial Health

Current Ratio 2.95
Debt to Equity 56.18
Beta 1.13

Per Share Data

EPS (TTM) $1.16
Book Value per Share $19.32
Revenue per Share $2.65

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
eprt6.2B26.901.626.02%44.62%56.18
Simon Property 61.8B26.0820.8567.31%34.25%773.47
Realty Income 51.6B51.911.322.51%18.10%69.96
Federal Realty 8.2B27.132.699.45%24.70%133.51
NNN REIT 8.1B20.241.869.35%45.09%103.10
Agree Realty 7.9B40.661.443.55%30.05%52.67

Financial data is updated regularly. All figures are in the company's reporting currency.