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Side-by-side financial comparison of ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) and Navigator Holdings Ltd. (NVGS). 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 $129.6M, roughly 1.2× Navigator Holdings Ltd.). ESSENTIAL PROPERTIES REALTY TRUST, INC. runs the higher net margin — 37.8% vs 16.5%, a 21.2% gap on every dollar of revenue. On growth, ESSENTIAL PROPERTIES REALTY TRUST, INC. posted the faster year-over-year revenue change (22.8% vs -11.6%).
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.
Navigator Holdings Ltd. is a global maritime transport firm specializing in liquefied gas carrier operations. It offers seaborne transport for liquefied petroleum gas, ammonia, ethylene and other specialty liquefied gases, serving clients across the global energy, petrochemical and industrial manufacturing sectors.
EPRT vs NVGS — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2025
| Metric | | |
|---|---|---|
| Revenue | $158.8M | $129.6M |
| Net Profit | $60.0M | $21.5M |
| Gross Margin | — | — |
| Operating Margin | 56.5% | 15.8% |
| Net Margin | 37.8% | 16.5% |
| Revenue YoY | 22.8% | -11.6% |
| Net Profit YoY | 6.5% | -7.7% |
| EPS (diluted) | $0.28 | $0.31 |
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 | — | ||
| Q3 25 | $144.9M | — | ||
| Q2 25 | $137.1M | $129.6M | ||
| Q1 25 | $129.4M | — | ||
| Q4 24 | $119.7M | — | ||
| Q3 24 | $117.1M | — | ||
| Q2 24 | $109.3M | $146.7M |
| Q1 26 | $60.0M | — | ||
| Q4 25 | $68.1M | — | ||
| Q3 25 | $65.6M | — | ||
| Q2 25 | $63.2M | $21.5M | ||
| Q1 25 | $56.1M | — | ||
| Q4 24 | $55.4M | — | ||
| Q3 24 | $49.1M | — | ||
| Q2 24 | $51.5M | $23.2M |
| Q1 26 | 56.5% | — | ||
| Q4 25 | 65.9% | — | ||
| Q3 25 | 64.7% | — | ||
| Q2 25 | 64.1% | 15.8% | ||
| Q1 25 | 61.6% | — | ||
| Q4 24 | 66.1% | — | ||
| Q3 24 | 59.7% | — | ||
| Q2 24 | 61.1% | 26.9% |
| Q1 26 | 37.8% | — | ||
| Q4 25 | 45.4% | — | ||
| Q3 25 | 45.3% | — | ||
| Q2 25 | 46.1% | 16.5% | ||
| Q1 25 | 43.4% | — | ||
| Q4 24 | 46.3% | — | ||
| Q3 24 | 42.0% | — | ||
| Q2 24 | 47.1% | 15.8% |
| Q1 26 | $0.28 | — | ||
| Q4 25 | $0.34 | — | ||
| Q3 25 | $0.33 | — | ||
| Q2 25 | $0.32 | $0.31 | ||
| Q1 25 | $0.29 | — | ||
| Q4 24 | $0.31 | — | ||
| Q3 24 | $0.27 | — | ||
| Q2 24 | $0.29 | $0.32 |
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 | $238.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.4B | $1.2B |
| Total Assets | $7.2B | $2.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $15.2M | — | ||
| Q4 25 | $60.2M | — | ||
| Q3 25 | $23.8M | — | ||
| Q2 25 | $20.8M | $238.1M | ||
| 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 | — | ||
| Q4 25 | $4.2B | — | ||
| Q3 25 | $3.8B | — | ||
| Q2 25 | $3.8B | $1.2B | ||
| Q1 25 | $3.8B | — | ||
| Q4 24 | $3.6B | — | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $3.2B | $1.2B |
| Q1 26 | $7.2B | — | ||
| Q4 25 | $6.9B | — | ||
| Q3 25 | $6.6B | — | ||
| Q2 25 | $6.3B | $2.4B | ||
| Q1 25 | $6.1B | — | ||
| Q4 24 | $5.8B | — | ||
| Q3 24 | $5.5B | — | ||
| Q2 24 | $5.3B | $2.1B |
| 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% |
NVGS
| Time Charters | $91.5M | 71% |
| Voyage Charters | $25.7M | 20% |
| Other | $12.4M | 10% |
