earnings
confidence high
sentiment positive
materiality 0.75
Essential Properties Q4 AFFO $0.49/share; raises 2026 AFFO guidance to $1.99-$2.04
ESSENTIAL PROPERTIES REALTY TRUST, INC.
2025-FY EPS
reported $1.28
vs consensus $0.33
▲ beat
(+283.1%)
- Q4 net income per share $0.34, up 13% YoY; AFFO per share $0.49, up 9% YoY.
- Closed $295.8M in investments at 7.7% weighted avg cash cap rate during Q4.
- Full-year 2025 AFFO per share $1.89, up 9% YoY; net income per share $1.28, up 11%.
- 2026 AFFO guidance raised to $1.99-$2.04 per share from prior range.
- Issued $400M 10-year notes at 5.40% coupon in August 2025; pro forma net debt/EBITDA 3.8x.