---
schema_version: "secwatch.filing_event.v1"
accession: "0001728951-23-000098"
form_type: "8-K"
ticker: "EPRT"
cik: "0001728951"
company_name: "ESSENTIAL PROPERTIES REALTY TRUST, INC."
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T11:08:51.807656+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EPRT Q3 EPS $0.29, AFFO $0.42, invests $213.3M at 7.6% cap rate; raises 2023 AFFO guidance low end

## Summary
- Net income $0.29/share (up 12% YoY); AFFO $0.42/share (up 11% YoY).
- Invested $213.3M across 65 properties at 7.6% weighted average cash cap rate.
- Issued 2024 AFFO guidance $1.71-$1.75 per share; updated 2023 AFFO to $1.64-$1.65 (from $1.62-$1.65).
- Quarterly dividend declared $0.28 per share, paid Oct 13 to holders of record Sep 29.
- Pro forma net debt to annualized adjusted EBITDA 3.7x; available liquidity ~$990M.

## SEC filing metadata
- accession: 0001728951-23-000098
- form_type: 8-K
- ticker: EPRT
- cik: 0001728951
- company_name: ESSENTIAL PROPERTIES REALTY TRUST, INC.
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1728951/000172895123000098/0001728951-23-000098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1728951/000172895123000098/eprt-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001728951-23-000098
- JSON: https://secwatch.observer/filing/0001728951-23-000098.json
- Plain text: https://secwatch.observer/filing/0001728951-23-000098.txt

## Key facts
- Earnings Releases
  ESSENTIAL PROPERTIES REALTY TRUST, INC. updated its the three and nine months ended September 30, 2023 guidance (reaffirmed).
  - Period: the three and nine months ended September 30, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: On October 25, 2023, Essential Properties Realty Trust, Inc. (the “Company”) issued a press release announcing the Company’s financial results for the three and nine months ended September 30, 2023. The press release is furnished hereto as Exhibit 99.1 and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1728951/000172895123000098/0001728951-23-000098-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.