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Side-by-side financial comparison of ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) and MONARCH CASINO & RESORT INC (MCRI). Click either name above to swap in a different company.
ESSENTIAL PROPERTIES REALTY TRUST, INC. is the larger business by last-quarter revenue ($158.8M vs $136.6M, roughly 1.2× MONARCH CASINO & RESORT INC). ESSENTIAL PROPERTIES REALTY TRUST, INC. runs the higher net margin — 37.8% vs 20.2%, a 17.5% gap on every dollar of revenue. On growth, ESSENTIAL PROPERTIES REALTY TRUST, INC. posted the faster year-over-year revenue change (22.8% vs 8.9%). Over the past eight quarters, ESSENTIAL PROPERTIES REALTY TRUST, INC.'s revenue compounded faster (20.6% CAGR vs 3.2%).
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.
The Atlantis Casino Resort Spa is a hotel and casino located in Reno, Nevada, United States. It is owned and operated by Monarch Casino & Resort, Inc. Its three hotel towers have a combined 824 guest rooms and suites. The casino floor spans 64,814 sq ft. Often known simply as "Atlantis," it is one of Reno's most profitable and luxurious properties, competing directly with Peppermill Hotel Casino and Grand Sierra Resort for customers. Nearly $150 million has been spent on upgrading the facility.
EPRT vs MCRI — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $158.8M | $136.6M |
| Net Profit | $60.0M | $27.6M |
| Gross Margin | — | — |
| Operating Margin | 56.5% | 25.6% |
| Net Margin | 37.8% | 20.2% |
| Revenue YoY | 22.8% | 8.9% |
| Net Profit YoY | 6.5% | 38.9% |
| EPS (diluted) | $0.28 | $1.52 |
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 | $136.6M | ||
| Q4 25 | $149.9M | $140.0M | ||
| Q3 25 | $144.9M | $142.8M | ||
| Q2 25 | $137.1M | $136.9M | ||
| Q1 25 | $129.4M | $125.4M | ||
| Q4 24 | $119.7M | $134.5M | ||
| Q3 24 | $117.1M | $137.9M | ||
| Q2 24 | $109.3M | $128.1M |
| Q1 26 | $60.0M | $27.6M | ||
| Q4 25 | $68.1M | $22.9M | ||
| Q3 25 | $65.6M | $31.6M | ||
| Q2 25 | $63.2M | $27.0M | ||
| Q1 25 | $56.1M | $19.9M | ||
| Q4 24 | $55.4M | $4.2M | ||
| Q3 24 | $49.1M | $27.6M | ||
| Q2 24 | $51.5M | $22.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | 20.8% | ||
| Q3 25 | — | 26.7% | ||
| Q2 25 | — | 25.5% | ||
| Q1 25 | — | 20.2% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 25.6% | ||
| Q2 24 | — | 23.0% |
| Q1 26 | 56.5% | 25.6% | ||
| Q4 25 | 65.9% | 21.3% | ||
| Q3 25 | 64.7% | 27.1% | ||
| Q2 25 | 64.1% | 25.8% | ||
| Q1 25 | 61.6% | 20.4% | ||
| Q4 24 | 66.1% | 3.1% | ||
| Q3 24 | 59.7% | 25.5% | ||
| Q2 24 | 61.1% | 22.9% |
| Q1 26 | 37.8% | 20.2% | ||
| Q4 25 | 45.4% | 16.4% | ||
| Q3 25 | 45.3% | 22.1% | ||
| Q2 25 | 46.1% | 19.7% | ||
| Q1 25 | 43.4% | 15.8% | ||
| Q4 24 | 46.3% | 3.1% | ||
| Q3 24 | 42.0% | 20.0% | ||
| Q2 24 | 47.1% | 17.7% |
| Q1 26 | $0.28 | $1.52 | ||
| Q4 25 | $0.34 | $1.25 | ||
| Q3 25 | $0.33 | $1.69 | ||
| Q2 25 | $0.32 | $1.44 | ||
| Q1 25 | $0.29 | $1.05 | ||
| Q4 24 | $0.31 | $0.25 | ||
| Q3 24 | $0.27 | $1.47 | ||
| Q2 24 | $0.29 | $1.19 |
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 | $120.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.4B | $549.8M |
| Total Assets | $7.2B | $725.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $15.2M | $120.1M | ||
| Q4 25 | $60.2M | — | ||
| Q3 25 | $23.8M | — | ||
| Q2 25 | $20.8M | — | ||
| Q1 25 | $47.0M | — | ||
| Q4 24 | $40.7M | — | ||
| Q3 24 | $32.7M | — | ||
| Q2 24 | $23.6M | — |
| 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 | $549.8M | ||
| Q4 25 | $4.2B | $537.7M | ||
| Q3 25 | $3.8B | $558.4M | ||
| Q2 25 | $3.8B | $539.2M | ||
| Q1 25 | $3.8B | $535.6M | ||
| Q4 24 | $3.6B | $517.7M | ||
| Q3 24 | $3.2B | $513.3M | ||
| Q2 24 | $3.2B | $498.4M |
| Q1 26 | $7.2B | $725.2M | ||
| Q4 25 | $6.9B | $712.8M | ||
| Q3 25 | $6.6B | $725.4M | ||
| Q2 25 | $6.3B | $705.8M | ||
| Q1 25 | $6.1B | $712.1M | ||
| Q4 24 | $5.8B | $691.6M | ||
| Q3 24 | $5.5B | $671.1M | ||
| Q2 24 | $5.3B | $672.4M |
| 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× | — |
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% |
MCRI
| Casino | $79.7M | 58% |
| Food and beverage | $31.7M | 23% |
| Hotel | $19.0M | 14% |
| Other | $6.1M | 5% |
