secwatch.observer — SEC 8-K summary
======================================

Issuer:     ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT)
CIK:        0001728951
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001728951-25-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Essential Properties Q4 AFFO up 7% YoY to $0.45/sh; lifts 2025 guidance
-----------------------------------------------------------------------

- Q4 net income $0.30/sh, AFFO $0.45/sh (+7% YoY); full-year AFFO $1.74/sh (+6%).
- Invested $333.4M in Q4 at 8.0% avg cash cap rate; 78 properties added; portfolio 99.7% occupied.
- 2025 AFFO guidance raised to $1.85-$1.89/sh; investment volume expected $900M-$1.1B.
- Revolver upsized to $1.0B, maturity extended to Feb 2030; pro forma net debt/EBITDAre 3.8x.
- Q4 dividend $0.295/sh ($1.18 annualized), paid Jan 14, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1728951/000172895125000029/0001728951-25-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1728951/000172895125000029/eprt-20250212.htm
  HTML page:      https://secwatch.observer/filing/0001728951-25-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer