secwatch.observer — SEC 8-K summary
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Issuer:     ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT)
CIK:        0001728951
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0001728951-25-000146
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 Q2 AFFO $0.46 (+7% YoY); raises 2025 AFFO guidance to $1.86-$1.89
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- Net income per share $0.32 (+10% YoY); AFFO per share $0.46 (+7% YoY).
- Closed $334M of investments at 7.9% cash cap rate across 77 properties.
- Increased 2025 AFFO guidance to $1.86-$1.89 per share; investment guidance raised to $1.0-$1.2B.
- Portfolio 99.6% occupied; 2,190 properties; 14.3 yr WALT; 3.4x rent coverage; cash G&A $28-31M.
- Dividend maintained at $0.30/quarter ($1.20 annualized); pro forma net debt/EBITDAre 3.5x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1728951/000172895125000146/0001728951-25-000146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1728951/000172895125000146/eprt-20250723.htm
  HTML page:      https://secwatch.observer/filing/0001728951-25-000146

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