vs
Side-by-side financial comparison of ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) and RADIANT LOGISTICS, INC (RLGT). Click either name above to swap in a different company.
RADIANT LOGISTICS, INC is the larger business by last-quarter revenue ($232.1M vs $158.8M, roughly 1.5× ESSENTIAL PROPERTIES REALTY TRUST, INC.). ESSENTIAL PROPERTIES REALTY TRUST, INC. runs the higher net margin — 37.8% vs 2.3%, a 35.5% gap on every dollar of revenue. On growth, ESSENTIAL PROPERTIES REALTY TRUST, INC. posted the faster year-over-year revenue change (22.8% vs -12.3%). Over the past eight quarters, ESSENTIAL PROPERTIES REALTY TRUST, INC.'s revenue compounded faster (20.6% CAGR vs 12.1%).
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.
Radiant Logistics, Inc. is a leading third-party logistics provider offering end-to-end supply chain solutions, domestic and international freight forwarding, warehousing, and last-mile delivery services. It primarily serves North American markets, with key client segments including retail, manufacturing, e-commerce, and industrial sectors, helping businesses optimize logistics workflows and cut operational costs.
EPRT vs RLGT — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $158.8M | $232.1M |
| Net Profit | $60.0M | $5.3M |
| Gross Margin | — | — |
| Operating Margin | 56.5% | 3.2% |
| Net Margin | 37.8% | 2.3% |
| Revenue YoY | 22.8% | -12.3% |
| Net Profit YoY | 6.5% | -18.0% |
| EPS (diluted) | $0.28 | $0.11 |
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 | $232.1M | ||
| Q3 25 | $144.9M | $226.7M | ||
| Q2 25 | $137.1M | $220.6M | ||
| Q1 25 | $129.4M | $214.0M | ||
| Q4 24 | $119.7M | $264.5M | ||
| Q3 24 | $117.1M | $203.6M | ||
| Q2 24 | $109.3M | $206.0M |
| Q1 26 | $60.0M | — | ||
| Q4 25 | $68.1M | $5.3M | ||
| Q3 25 | $65.6M | $1.3M | ||
| Q2 25 | $63.2M | $4.9M | ||
| Q1 25 | $56.1M | $2.5M | ||
| Q4 24 | $55.4M | $6.5M | ||
| Q3 24 | $49.1M | $3.4M | ||
| Q2 24 | $51.5M | $4.8M |
| Q1 26 | 56.5% | — | ||
| Q4 25 | 65.9% | 3.2% | ||
| Q3 25 | 64.7% | 0.9% | ||
| Q2 25 | 64.1% | 2.4% | ||
| Q1 25 | 61.6% | 1.6% | ||
| Q4 24 | 66.1% | 3.3% | ||
| Q3 24 | 59.7% | 1.9% | ||
| Q2 24 | 61.1% | 2.4% |
| Q1 26 | 37.8% | — | ||
| Q4 25 | 45.4% | 2.3% | ||
| Q3 25 | 45.3% | 0.6% | ||
| Q2 25 | 46.1% | 2.2% | ||
| Q1 25 | 43.4% | 1.2% | ||
| Q4 24 | 46.3% | 2.4% | ||
| Q3 24 | 42.0% | 1.7% | ||
| Q2 24 | 47.1% | 2.3% |
| Q1 26 | $0.28 | — | ||
| Q4 25 | $0.34 | $0.11 | ||
| Q3 25 | $0.33 | $0.03 | ||
| Q2 25 | $0.32 | $0.10 | ||
| Q1 25 | $0.29 | $0.05 | ||
| Q4 24 | $0.31 | $0.13 | ||
| Q3 24 | $0.27 | $0.07 | ||
| Q2 24 | $0.29 | $0.11 |
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 | $31.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.4B | $229.8M |
| Total Assets | $7.2B | $439.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $15.2M | — | ||
| Q4 25 | $60.2M | $31.9M | ||
| Q3 25 | $23.8M | $28.1M | ||
| Q2 25 | $20.8M | $22.9M | ||
| Q1 25 | $47.0M | $19.0M | ||
| Q4 24 | $40.7M | $19.9M | ||
| Q3 24 | $32.7M | $10.4M | ||
| Q2 24 | $23.6M | $24.9M |
| 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 | $229.8M | ||
| Q3 25 | $3.8B | $225.7M | ||
| Q2 25 | $3.8B | $226.0M | ||
| Q1 25 | $3.8B | $218.2M | ||
| Q4 24 | $3.6B | $214.4M | ||
| Q3 24 | $3.2B | $212.4M | ||
| Q2 24 | $3.2B | $209.4M |
| Q1 26 | $7.2B | — | ||
| Q4 25 | $6.9B | $439.4M | ||
| Q3 25 | $6.6B | $445.3M | ||
| Q2 25 | $6.3B | $426.8M | ||
| Q1 25 | $6.1B | $414.5M | ||
| Q4 24 | $5.8B | $386.8M | ||
| Q3 24 | $5.5B | $375.3M | ||
| Q2 24 | $5.3B | $371.2M |
| 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 | — | $12.4M |
| Free Cash FlowOCF − Capex | — | $11.6M |
| FCF MarginFCF / Revenue | — | 5.0% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | — | $8.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $381.1M | $12.4M | ||
| Q3 25 | $99.0M | $2.5M | ||
| Q2 25 | $99.8M | $3.1M | ||
| Q1 25 | $77.2M | $-5.7M | ||
| Q4 24 | $308.5M | $15.7M | ||
| Q3 24 | $73.5M | $205.0K | ||
| Q2 24 | $81.1M | $1.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $11.6M | ||
| Q3 25 | — | $977.0K | ||
| Q2 25 | — | $2.2M | ||
| Q1 25 | — | $-6.4M | ||
| Q4 24 | — | $14.1M | ||
| Q3 24 | — | $-1.9M | ||
| Q2 24 | — | $-185.0K |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.0% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | -3.0% | ||
| Q4 24 | — | 5.3% | ||
| Q3 24 | — | -0.9% | ||
| Q2 24 | — | -0.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 1.0% | ||
| Q2 24 | — | 0.7% |
| Q1 26 | — | — | ||
| Q4 25 | 5.60× | 2.33× | ||
| Q3 25 | 1.51× | 1.90× | ||
| Q2 25 | 1.58× | 0.63× | ||
| Q1 25 | 1.38× | -2.26× | ||
| Q4 24 | 5.57× | 2.43× | ||
| Q3 24 | 1.50× | 0.06× | ||
| Q2 24 | 1.57× | 0.26× |
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% |
RLGT
| Transferred Over Time | $201.2M | 87% |
| Other | $25.0M | 11% |
| Value Added Services | $4.2M | 2% |
| Transferred At Point In Time | $1.8M | 1% |
