---
schema_version: "secwatch.filing_event.v1"
accession: "0001728951-24-000024"
form_type: "8-K"
ticker: "EPRT"
cik: "0001728951"
company_name: "ESSENTIAL PROPERTIES REALTY TRUST, INC."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:29:04.980447+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Essential Properties Q4 net income $0.31/share, AFFO $0.42, reiterates 2024 guidance

## Summary
- Q4 net income $0.31 per diluted share (+24% YoY); AFFO $0.42 per share (+8% YoY).
- Closed $314.9M in investments at 7.9% weighted avg cash cap rate; full-year investment volume $1.0B.
- Portfolio 99.8% leased, WALT 14.0 years; rent coverage 3.8x; 1,873 properties at year-end.
- Reiterated 2024 AFFO guidance $1.71-$1.75 per share; Q4 dividend $0.285/share paid Jan 12.

## SEC filing metadata
- accession: 0001728951-24-000024
- form_type: 8-K
- ticker: EPRT
- cik: 0001728951
- company_name: ESSENTIAL PROPERTIES REALTY TRUST, INC.
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1728951/000172895124000024/0001728951-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1728951/000172895124000024/eprt-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001728951-24-000024
- JSON: https://secwatch.observer/filing/0001728951-24-000024.json
- Plain text: https://secwatch.observer/filing/0001728951-24-000024.txt

## Key facts
- Earnings Releases
  ESSENTIAL PROPERTIES REALTY TRUST, INC. reported three months and year ended December 31, 2023 results: EPS $0.31 and $1.24 per share.
  - Period: three months and year ended December 31, 2023
  - EPS: $0.31 and $1.24 per share
  - Result: reported results
  source text: Essential Properties Announces Fourth Quarter 2023 Results - Fourth Quarter Net Income per Share of $0.31 and AFFO per Share of $0.42 -
  evidence_url: https://www.sec.gov/Archives/edgar/data/1728951/000172895124000024/0001728951-24-000024-index.htm
- Earnings Releases
  ESSENTIAL PROPERTIES REALTY TRUST, INC. reported 2024 results: EPS $1.71 to $1.75 per share. Guidance reaffirmed.
  - Period: 2024
  - EPS: $1.71 to $1.75 per share
  - Guidance: reaffirmed
  - Result: guidance update
  source text: The Company reiterates its previously issued expectation that 2024 AFFO per share on a fully diluted basis will be within a range of $1.71 to $1.75.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1728951/000172895124000024/0001728951-24-000024-index.htm

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