Essential Properties (EPRT) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income 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
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 449.6M | 359.6M | 286.5M | 230.2M | 164.0M |
| Cost of Goods Sold | 5.0M | 4.7M | 3.5M | 5.8M | 3.9M |
| Gross Profit | 444.6M | 354.9M | 283.1M | 224.5M | 160.1M |
| Operating Expenses | 35.2M | 30.7M | 29.5M | 24.1M | 25.3M |
| Operating Income | 287.1M | 222.1M | 164.9M | 131.2M | 75.4M |
| Pre-tax Income | 204.3M | 192.1M | 135.7M | 96.4M | 42.7M |
| Income Tax | 628.0K | 636.0K | 998.0K | 227.0K | 212.0K |
| Net Income | 203.6M | 191.4M | 134.7M | 96.2M | 42.5M |
| EPS (Diluted) | $1.15 | $1.24 | $0.99 | $0.82 | $0.44 |
Income Statement Trend
Essential Properties Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 580.4M | 420.5M | 417.9M | 348.1M | 265.5M |
| Non-Current Assets | 5.2B | 4.3B | 3.6B | 3.0B | 2.2B |
| Total Assets | 5.8B | 4.8B | 4.0B | 3.3B | 2.5B |
| Liabilities | |||||
| Current Liabilities | 90.8M | 78.4M | 68.7M | 64.8M | 42.5M |
| Non-Current Liabilities | 2.1B | 1.7B | 1.4B | 1.2B | 864.4M |
| Total Liabilities | 2.2B | 1.8B | 1.5B | 1.3B | 906.9M |
| Equity | |||||
| Total Shareholders Equity | 3.6B | 3.0B | 2.5B | 2.0B | 1.6B |
Balance Sheet Composition
Essential Properties Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 203.6M | 191.4M | 134.7M | 96.2M | 42.5M |
| Operating Cash Flow | 297.7M | 273.8M | 222.9M | 154.8M | 87.2M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | - |
| Investing Cash Flow | -30.3M | 142.3M | 74.5M | 20.3M | 9.7M |
| Financing Activities | |||||
| Dividends Paid | -199.7M | -168.2M | -141.7M | -112.3M | -86.5M |
| Financing Cash Flow | 810.7M | 510.0M | 63.8M | 422.1M | 342.8M |
| Free Cash Flow | 308.5M | 254.6M | 211.0M | 167.4M | 99.4M |
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
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| eprt | 6.2B | 26.90 | 1.62 | 6.02% | 44.62% | 56.18 |
| Simon Property | 61.8B | 26.08 | 20.85 | 67.31% | 34.25% | 773.47 |
| Realty Income | 51.6B | 51.91 | 1.32 | 2.51% | 18.10% | 69.96 |
| Federal Realty | 8.2B | 27.13 | 2.69 | 9.45% | 24.70% | 133.51 |
| NNN REIT | 8.1B | 20.24 | 1.86 | 9.35% | 45.09% | 103.10 |
| Agree Realty | 7.9B | 40.66 | 1.44 | 3.55% | 30.05% | 52.67 |
Financial data is updated regularly. All figures are in the company's reporting currency.