| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 185,453 | 119,651 |
| Depreciation and amortization | 112,559 | 73,583 |
| Amortization of lease incentives | 1,511 | 602 |
| Amortization of above/below market leases and right of use assets, net | -133 | -82 |
| Amortization of deferred financing costs and other non-cash interest expense | 5,432 | 3,520 |
| Provision for impairment of real estate | 7,934 | 6,495 |
| Change in provision for credit losses | 83 | 0 |
| Gain on dispositions of real estate, net | 8,421 | 7,060 |
| Straight-line rent receivable, net | 39,178 | 24,233 |
| Equity-based compensation expense | 11,018 | 7,465 |
| Adjustment to rental revenue for tenant credit | 2,753 | 1,759 |
| Rent receivables, prepaid expenses and other assets, net | 3,791 | 2,592 |
| Accrued liabilities and other payables | 713 | -2,169 |
| Net cash provided by operating activities | 275,933 | 176,939 |
| Proceeds from sales of investments, net | 80,510 | 69,044 |
| Principal collections on loans and direct financing lease receivables | 10,200 | 6,342 |
| Investments in loans receivable | 79,858 | 33,839 |
| Deposits for prospective real estate investments | 7,307 | 2,803 |
| Investment in real estate, including capital expenditures | 832,647 | 548,275 |
| Investment in construction in progress | 84,830 | 59,092 |
| Lease incentives paid | 2,853 | 2,353 |
| Net cash used in investing activities | -916,785 | -570,976 |
| Borrowings under term loans | 0 | - |
| Borrowings under revolving credit facility | 665,000 | 355,000 |
| Repayments under revolving credit facility | 545,000 | 155,000 |
| Proceeds from issuance of senior unsecured notes, net | 390,668 | - |
| Payments for taxes related to net settlement of equity awards | 6,409 | 6,307 |
| Payment of deferred financing costs | 8,574 | 7,508 |
| Proceeds from issuance of common stock, net | 298,809 | 298,809 |
| Offering costs | 679 | 603 |
| Dividends paid | 174,099 | 114,263 |
| Net cash provided by financing activities | 619,716 | 370,128 |
| Net decrease in cash and cash equivalents and restricted cash | -21,136 | -23,909 |
| Cash and cash equivalents at beginning of period | 44,978 | - |
| Cash and cash equivalents at end of period | 23,842 | - |
ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT)
ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT)