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Side-by-side financial comparison of EPR PROPERTIES (EPR) and ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT). Click either name above to swap in a different company.

EPR PROPERTIES is the larger business by last-quarter revenue ($182.9M vs $158.8M, roughly 1.2× ESSENTIAL PROPERTIES REALTY TRUST, INC.). ESSENTIAL PROPERTIES REALTY TRUST, INC. runs the higher net margin — 37.8% vs 36.6%, a 1.2% gap on every dollar of revenue. On growth, ESSENTIAL PROPERTIES REALTY TRUST, INC. posted the faster year-over-year revenue change (22.8% vs 3.2%). Over the past eight quarters, ESSENTIAL PROPERTIES REALTY TRUST, INC.'s revenue compounded faster (20.6% CAGR vs 4.6%).

EPR Properties, formerly Entertainment Properties Trust, is a real estate investment trust based in Kansas City, Missouri, that invests in amusement parks, movie theaters, ski resorts, and other entertainment properties. It owns 353 properties as of 2022.

Essential Properties Realty Trust is a publicly traded real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of single-tenant net-leased commercial properties across the United States. Its assets primarily cover essential service-oriented sectors including casual dining, automotive services, medical clinics, early childhood education centers and light industrial facilities, with tenants mostly holding robust long-term operating track records.

EPR vs EPRT — Head-to-Head

Bigger by revenue
EPR
EPR
1.2× larger
EPR
$182.9M
$158.8M
EPRT
Growing faster (revenue YoY)
EPRT
EPRT
+19.5% gap
EPRT
22.8%
3.2%
EPR
Higher net margin
EPRT
EPRT
1.2% more per $
EPRT
37.8%
36.6%
EPR
Faster 2-yr revenue CAGR
EPRT
EPRT
Annualised
EPRT
20.6%
4.6%
EPR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EPR
EPR
EPRT
EPRT
Revenue
$182.9M
$158.8M
Net Profit
$66.9M
$60.0M
Gross Margin
Operating Margin
56.8%
56.5%
Net Margin
36.6%
37.8%
Revenue YoY
3.2%
22.8%
Net Profit YoY
897.0%
6.5%
EPS (diluted)
$0.80
$0.28

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EPR
EPR
EPRT
EPRT
Q1 26
$158.8M
Q4 25
$182.9M
$149.9M
Q3 25
$182.3M
$144.9M
Q2 25
$178.1M
$137.1M
Q1 25
$175.0M
$129.4M
Q4 24
$177.2M
$119.7M
Q3 24
$180.5M
$117.1M
Q2 24
$173.1M
$109.3M
Net Profit
EPR
EPR
EPRT
EPRT
Q1 26
$60.0M
Q4 25
$66.9M
$68.1M
Q3 25
$66.6M
$65.6M
Q2 25
$75.6M
$63.2M
Q1 25
$65.8M
$56.1M
Q4 24
$-8.4M
$55.4M
Q3 24
$46.6M
$49.1M
Q2 24
$45.1M
$51.5M
Operating Margin
EPR
EPR
EPRT
EPRT
Q1 26
56.5%
Q4 25
56.8%
65.9%
Q3 25
53.5%
64.7%
Q2 25
62.5%
64.1%
Q1 25
58.1%
61.6%
Q4 24
25.5%
66.1%
Q3 24
51.4%
59.7%
Q2 24
45.9%
61.1%
Net Margin
EPR
EPR
EPRT
EPRT
Q1 26
37.8%
Q4 25
36.6%
45.4%
Q3 25
36.5%
45.3%
Q2 25
42.5%
46.1%
Q1 25
37.6%
43.4%
Q4 24
-4.7%
46.3%
Q3 24
25.8%
42.0%
Q2 24
26.1%
47.1%
EPS (diluted)
EPR
EPR
EPRT
EPRT
Q1 26
$0.28
Q4 25
$0.80
$0.34
Q3 25
$0.79
$0.33
Q2 25
$0.91
$0.32
Q1 25
$0.78
$0.29
Q4 24
$-0.19
$0.31
Q3 24
$0.53
$0.27
Q2 24
$0.51
$0.29

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EPR
EPR
EPRT
EPRT
Cash + ST InvestmentsLiquidity on hand
$90.6M
$15.2M
Total DebtLower is stronger
$2.9B
Stockholders' EquityBook value
$2.3B
$4.4B
Total Assets
$5.7B
$7.2B
Debt / EquityLower = less leverage
1.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EPR
EPR
EPRT
EPRT
Q1 26
$15.2M
Q4 25
$90.6M
$60.2M
Q3 25
$13.7M
$23.8M
Q2 25
$13.0M
$20.8M
Q1 25
$20.6M
$47.0M
Q4 24
$22.1M
$40.7M
Q3 24
$35.3M
$32.7M
Q2 24
$33.7M
$23.6M
Total Debt
EPR
EPR
EPRT
EPRT
Q1 26
Q4 25
$2.9B
$2.5B
Q3 25
$2.8B
$2.6B
Q2 25
$2.8B
$2.3B
Q1 25
$2.8B
$2.1B
Q4 24
$2.9B
$2.1B
Q3 24
$2.9B
$2.2B
Q2 24
$2.8B
$1.9B
Stockholders' Equity
EPR
EPR
EPRT
EPRT
Q1 26
$4.4B
Q4 25
$2.3B
$4.2B
Q3 25
$2.3B
$3.8B
Q2 25
$2.3B
$3.8B
Q1 25
$2.3B
$3.8B
Q4 24
$2.3B
$3.6B
Q3 24
$2.4B
$3.2B
Q2 24
$2.4B
$3.2B
Total Assets
EPR
EPR
EPRT
EPRT
Q1 26
$7.2B
Q4 25
$5.7B
$6.9B
Q3 25
$5.5B
$6.6B
Q2 25
$5.6B
$6.3B
Q1 25
$5.5B
$6.1B
Q4 24
$5.6B
$5.8B
Q3 24
$5.7B
$5.5B
Q2 24
$5.6B
$5.3B
Debt / Equity
EPR
EPR
EPRT
EPRT
Q1 26
Q4 25
1.26×
0.60×
Q3 25
1.19×
0.69×
Q2 25
1.20×
0.61×
Q1 25
1.20×
0.56×
Q4 24
1.23×
0.60×
Q3 24
1.19×
0.69×
Q2 24
1.16×
0.59×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EPR
EPR
EPRT
EPRT
Operating Cash FlowLast quarter
$421.0M
Free Cash FlowOCF − Capex
$269.2M
FCF MarginFCF / Revenue
147.1%
Capex IntensityCapex / Revenue
82.9%
Cash ConversionOCF / Net Profit
6.29×
TTM Free Cash FlowTrailing 4 quarters
$568.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EPR
EPR
EPRT
EPRT
Q1 26
Q4 25
$421.0M
$381.1M
Q3 25
$136.5M
$99.0M
Q2 25
$87.3M
$99.8M
Q1 25
$99.4M
$77.2M
Q4 24
$393.1M
$308.5M
Q3 24
$122.0M
$73.5M
Q2 24
$78.7M
$81.1M
Free Cash Flow
EPR
EPR
EPRT
EPRT
Q1 26
Q4 25
$269.2M
Q3 25
$132.1M
Q2 25
$82.4M
Q1 25
$84.7M
Q4 24
$129.2M
Q3 24
$121.5M
Q2 24
$71.3M
FCF Margin
EPR
EPR
EPRT
EPRT
Q1 26
Q4 25
147.1%
Q3 25
72.5%
Q2 25
46.3%
Q1 25
48.4%
Q4 24
72.9%
Q3 24
67.3%
Q2 24
41.2%
Capex Intensity
EPR
EPR
EPRT
EPRT
Q1 26
Q4 25
82.9%
Q3 25
2.4%
Q2 25
2.7%
Q1 25
8.4%
Q4 24
148.9%
Q3 24
0.3%
Q2 24
4.2%
Cash Conversion
EPR
EPR
EPRT
EPRT
Q1 26
Q4 25
6.29×
5.60×
Q3 25
2.05×
1.51×
Q2 25
1.15×
1.58×
Q1 25
1.51×
1.38×
Q4 24
5.57×
Q3 24
2.62×
1.50×
Q2 24
1.74×
1.57×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EPR
EPR

Experiential Reportable Operating Segment$173.3M95%
Education Reportable Operating Segment$9.5M5%

EPRT
EPRT

Rental revenue 1,2$149.4M94%
Other$8.6M5%
Other revenue$779.0K0%

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