Essential Properties Realty Trust, Inc.

Frequently Asked Questions About EPRT

What is EPRT's FFO per share?

Essential Properties Realty Trust, Inc. (EPRT) reported AFFO of $2.00 per share over the four quarters to September 30, 2026, as stated in its quarterly earnings releases filed with the SEC. AFFO per share by quarter, trailing twelve months and year, with 1, 3, 5 and 10-year growth rates, is on this page.

What is EPRT's AFFO per share?

Essential Properties Realty Trust, Inc. (EPRT) reported adjusted funds from operations (AFFO) of $2.00 per share over the four quarters to September 30, 2026. AFFO deducts the recurring capital spending a REIT needs to keep its properties leased, so it is the closest read on the cash that pays the dividend.

What is EPRT's price to FFO ratio?

EPRT trades at about 13.1 times its trailing twelve-month AFFO per share as of October 22, 2026. Price to FFO (P/FFO) is the REIT version of the P/E ratio: the share price divided by FFO per share instead of earnings per share.

Why does Essential Properties Realty Trust, Inc. report FFO instead of just net income?

Funds from operations (FFO) is net income with real estate depreciation added back and gains or losses on property sales removed, as defined by Nareit, the REIT industry body. Buildings are depreciated on the books while they often hold or gain value, so net income understates a REIT's recurring earnings. That is why Essential Properties Realty Trust, Inc. reports FFO in each quarterly earnings release, and why investors value REITs on FFO rather than EPS.

Is EPRT's dividend covered by FFO?

The FFO and AFFO payout ratios on EPRT's Dividend tab divide the dividends it declared by the FFO and AFFO per share it reported, by year and over the trailing twelve months. Under 100% means the reported figure covered the dividend; REITs typically pay out 70 to 90% of FFO, and the latest quarter on file is Q3 2026.