secwatch.observer — SEC 8-K summary
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Issuer:     ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT)
CIK:        0001728951
Form:       8-K
Filed at:   2026-02-11T23:59:59+00:00
Accession:  0001728951-26-000004
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 $0.49/share; raises 2026 AFFO guidance to $1.99-$2.04
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1728951/000172895126000004/0001728951-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1728951/000172895126000004/eprt-20260211.htm
  HTML page:      https://secwatch.observer/filing/0001728951-26-000004

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