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Side-by-side financial comparison of ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) and INSTEEL INDUSTRIES INC (IIIN). Click either name above to swap in a different company.
INSTEEL INDUSTRIES INC is the larger business by last-quarter revenue ($159.9M vs $158.8M, roughly 1.0× ESSENTIAL PROPERTIES REALTY TRUST, INC.). ESSENTIAL PROPERTIES REALTY TRUST, INC. runs the higher net margin — 37.8% vs 4.7%, a 33.0% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs 22.8%). Over the past eight quarters, ESSENTIAL PROPERTIES REALTY TRUST, INC.'s revenue compounded faster (20.6% CAGR vs 12.0%).
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.
Insteel Industries Inc is a leading U.S. manufacturer of steel reinforcing products including welded wire reinforcement and steel fibers. It primarily serves non-residential construction, infrastructure, and precast concrete segments across North America, delivering high-performance reinforcement solutions for various construction projects.
EPRT vs IIIN — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $158.8M | $159.9M |
| Net Profit | $60.0M | $7.6M |
| Gross Margin | — | 11.3% |
| Operating Margin | 56.5% | 6.0% |
| Net Margin | 37.8% | 4.7% |
| Revenue YoY | 22.8% | 23.3% |
| Net Profit YoY | 6.5% | 602.4% |
| EPS (diluted) | $0.28 | $0.39 |
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.
| Q1 26 | $158.8M | — | ||
| Q4 25 | $149.9M | $159.9M | ||
| Q3 25 | $144.9M | $177.4M | ||
| Q2 25 | $137.1M | $179.9M | ||
| Q1 25 | $129.4M | $160.7M | ||
| Q4 24 | $119.7M | $129.7M | ||
| Q3 24 | $117.1M | $134.3M | ||
| Q2 24 | $109.3M | $145.8M |
| Q1 26 | $60.0M | — | ||
| Q4 25 | $68.1M | $7.6M | ||
| Q3 25 | $65.6M | $14.6M | ||
| Q2 25 | $63.2M | $15.2M | ||
| Q1 25 | $56.1M | $10.2M | ||
| Q4 24 | $55.4M | $1.1M | ||
| Q3 24 | $49.1M | $4.7M | ||
| Q2 24 | $51.5M | $6.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 11.3% | ||
| Q3 25 | — | 16.1% | ||
| Q2 25 | — | 17.1% | ||
| Q1 25 | — | 15.3% | ||
| Q4 24 | — | 7.3% | ||
| Q3 24 | — | 9.1% | ||
| Q2 24 | — | 10.6% |
| Q1 26 | 56.5% | — | ||
| Q4 25 | 65.9% | 6.0% | ||
| Q3 25 | 64.7% | 10.8% | ||
| Q2 25 | 64.1% | 11.0% | ||
| Q1 25 | 61.6% | 8.3% | ||
| Q4 24 | 66.1% | 1.1% | ||
| Q3 24 | 59.7% | 4.5% | ||
| Q2 24 | 61.1% | 6.0% |
| Q1 26 | 37.8% | — | ||
| Q4 25 | 45.4% | 4.7% | ||
| Q3 25 | 45.3% | 8.2% | ||
| Q2 25 | 46.1% | 8.4% | ||
| Q1 25 | 43.4% | 6.4% | ||
| Q4 24 | 46.3% | 0.8% | ||
| Q3 24 | 42.0% | 3.5% | ||
| Q2 24 | 47.1% | 4.5% |
| Q1 26 | $0.28 | — | ||
| Q4 25 | $0.34 | $0.39 | ||
| Q3 25 | $0.33 | $0.74 | ||
| Q2 25 | $0.32 | $0.78 | ||
| Q1 25 | $0.29 | $0.52 | ||
| Q4 24 | $0.31 | $0.06 | ||
| Q3 24 | $0.27 | $0.24 | ||
| Q2 24 | $0.29 | $0.34 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $15.2M | $15.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.4B | $358.8M |
| Total Assets | $7.2B | $456.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $15.2M | — | ||
| Q4 25 | $60.2M | $15.6M | ||
| Q3 25 | $23.8M | $38.6M | ||
| Q2 25 | $20.8M | $53.7M | ||
| Q1 25 | $47.0M | $28.4M | ||
| Q4 24 | $40.7M | $36.0M | ||
| Q3 24 | $32.7M | $111.5M | ||
| Q2 24 | $23.6M | $97.7M |
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $1.9B | — |
| Q1 26 | $4.4B | — | ||
| Q4 25 | $4.2B | $358.8M | ||
| Q3 25 | $3.8B | $371.5M | ||
| Q2 25 | $3.8B | $356.2M | ||
| Q1 25 | $3.8B | $341.4M | ||
| Q4 24 | $3.6B | $331.6M | ||
| Q3 24 | $3.2B | $350.9M | ||
| Q2 24 | $3.2B | $346.0M |
| Q1 26 | $7.2B | — | ||
| Q4 25 | $6.9B | $456.1M | ||
| Q3 25 | $6.6B | $462.6M | ||
| Q2 25 | $6.3B | $471.9M | ||
| Q1 25 | $6.1B | $421.9M | ||
| Q4 24 | $5.8B | $404.7M | ||
| Q3 24 | $5.5B | $422.6M | ||
| Q2 24 | $5.3B | $414.6M |
| Q1 26 | — | — | ||
| Q4 25 | 0.60× | — | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.61× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.60× | — | ||
| Q3 24 | 0.69× | — | ||
| Q2 24 | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-701.0K |
| Free Cash FlowOCF − Capex | — | $-2.2M |
| FCF MarginFCF / Revenue | — | -1.4% |
| Capex IntensityCapex / Revenue | — | 0.9% |
| Cash ConversionOCF / Net Profit | — | -0.09× |
| TTM Free Cash FlowTrailing 4 quarters | — | $439.0K |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $381.1M | $-701.0K | ||
| Q3 25 | $99.0M | $-17.0M | ||
| Q2 25 | $99.8M | $28.5M | ||
| Q1 25 | $77.2M | $-3.3M | ||
| Q4 24 | $308.5M | $19.0M | ||
| Q3 24 | $73.5M | $16.2M | ||
| Q2 24 | $81.1M | $18.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-2.2M | ||
| Q3 25 | — | $-18.7M | ||
| Q2 25 | — | $26.9M | ||
| Q1 25 | — | $-5.5M | ||
| Q4 24 | — | $16.3M | ||
| Q3 24 | — | $14.5M | ||
| Q2 24 | — | $15.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | -1.4% | ||
| Q3 25 | — | -10.6% | ||
| Q2 25 | — | 15.0% | ||
| Q1 25 | — | -3.5% | ||
| Q4 24 | — | 12.6% | ||
| Q3 24 | — | 10.8% | ||
| Q2 24 | — | 10.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | — | 2.2% |
| Q1 26 | — | — | ||
| Q4 25 | 5.60× | -0.09× | ||
| Q3 25 | 1.51× | -1.17× | ||
| Q2 25 | 1.58× | 1.88× | ||
| Q1 25 | 1.38× | -0.32× | ||
| Q4 24 | 5.57× | 17.56× | ||
| Q3 24 | 1.50× | 3.48× | ||
| Q2 24 | 1.57× | 2.86× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EPRT
| Rental revenue 1,2 | $149.4M | 94% |
| Other | $8.6M | 5% |
| Other revenue | $779.0K | 0% |
IIIN
| Welded Wire Reinforcement | $108.4M | 68% |
| PC Strand | $51.6M | 32% |
