secwatch.observer — SEC 8-K summary
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Issuer:     ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT)
CIK:        0001728951
Form:       8-K
Filed at:   2025-10-22T23:59:59+00:00
Accession:  0001728951-25-000175
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 Q3 AFFO $0.48/share, up 12% YoY; raises 2025 AFFO guidance
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- Q3 net income $0.33/share (+22% YoY); AFFO $0.48/share (+12% YoY).
- Closed $369.8M in investments at 8.0% weighted avg cash cap rate across 87 properties.
- Issued $400M 10-year notes at 5.40% coupon; pro forma net debt/EBITDA 3.8x.
- Raised 2025 AFFO guidance to $1.87-$1.89/share; issued 2026 guidance of $1.98-$2.04.
- Year-to-date raised $445.6M in equity via follow-on and ATM at avg ~$32/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1728951/000172895125000175/0001728951-25-000175-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1728951/000172895125000175/eprt-20251022.htm
  HTML page:      https://secwatch.observer/filing/0001728951-25-000175

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