EPRT Essential Properties Realty Trust margins

Relative Growth: Rel. Growth: 85

Relative Strength: Rel. Strength: 32

Relative Valuation: Rel. Valuation: 36

Relative Profitability: Rel. Profitability: 75

Gross margin

99%

Operating margin

56.4%

EBITDA margin

88.6%

Net margin

41%

Current Essential Properties Realty Trust reports a gross margin of 99%, an operating margin of 56.4%, an EBITDA margin of 88.6%, and a net margin of 41%. Gross margin increased the most, by 0.3 percentage points, while operating margin fell the most, by 5 percentage points.

EPRT margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Essential Properties Realty Trust's margins averaged 98.79% gross, 58.9% operating, 91.31% EBITDA, and 45.93% net. Currently, gross margin is above its three-year average, while operating, EBITDA, and net margins are below their three-year averages.

EPRT margin expansion

Year-over-year margin changes in percentage points

Compared with the same period last year, gross margin expanded by 0.3 percentage points, while operating margin contracted by 5 percentage points, EBITDA margin by 3.2 percentage points, and net margin by 4.3 percentage points.

Gross margin expansion

0.3pp

Operating margin expansion

-5pp

EBITDA margin expansion

-3.2pp

Net margin expansion

-4.3pp

EPRT Gross margin

Over the last 3 years, Essential Properties Realty Trust recorded an average gross margin of 98.79%. As of the latest period, the current gross margin for Essential Properties Realty Trust is 99%, 0.2 percentage points above its three-year average. The highest gross margin for Essential Properties Realty Trust was 99% in Sep 2026, while the lowest was 98.7% in Dec 2023.

EPRT Operating margin

The average operating margin for Essential Properties Realty Trust was 58.9% over the last 3 years. Currently, the current operating margin for Essential Properties Realty Trust is 56.4%, 2.5 percentage points below its three-year average. The operating margin for Essential Properties Realty Trust moved between 55.6% in Sep 2024 and 61.8% in Dec 2025.

EPRT EBITDA margin

Looking back over the last 3 years, Essential Properties Realty Trust recorded an average EBITDA margin of 91.31%. The latest EBITDA margin for Essential Properties Realty Trust is 88.6%, 2.7 percentage points below its three-year average. The highest EBITDA margin for Essential Properties Realty Trust was 96.3% in Dec 2023, while the lowest was 88.6% in Sep 2026.

EPRT Net margin

The average net margin for Essential Properties Realty Trust was 45.93% during the last 3 years. As of the latest period, the current net margin for Essential Properties Realty Trust is 41%, 4.9 percentage points below its three-year average. The net margin for Essential Properties Realty Trust moved between 41% in Sep 2026 and 53% in Dec 2023.

EPRT margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 99%, EPRT stands above the Real Estate sector and the industry average. Compared to its Real Estate sector average of 62.8%, Essential Properties Realty Trust's gross margin is 58% higher.

Frequently asked questions

What is Essential Properties Realty Trust's gross margin?

As of Sep 30, 2026, EPRT has a gross margin of 99%.

What is Essential Properties Realty Trust's operating margin?

For the period ending Sep 30, 2026, EPRT recorded an operating margin of 56.4%.

What is Essential Properties Realty Trust's EBITDA margin?

The current EBITDA margin for EPRT is 88.6% as of Sep 30, 2026.

What is Essential Properties Realty Trust's net margin?

The current net margin for EPRT is 41% as of Sep 30, 2026.

What are the average margins of EPRT?

Over the past 3 years, EPRT reported average margins of 98.8% gross, 58.9% operating, 91.3% EBITDA, and 45.9% net.

What are the highest historical margins of EPRT?

Looking back across 5 years, EPRT reached 99% gross in Sep 2026, 61.8% operating in Dec 2025, 98.1% EBITDA in Jun 2023, and 53.1% net in Jun 2023.

What are the lowest historical margins of EPRT?

Over this 5-year history, Essential Properties Realty Trust's margins fell as low as 97.5% gross in Dec 2021, 50.5% operating in Dec 2022, 86% EBITDA in Mar 2022, and 41% net in Sep 2026.