Essential Properties Realty Trust (EPRT) Land & Improvements (2019 - 2026)

Essential Properties Realty Trust's (EPRT) quarterly Land & Improvements came in at $2.4 billion in Q2 2026, up 18.56% YoY from $2.0 billion in Q2 2025, and up 4.22% on a QoQ basis from $2.3 billion in Q1 2026.

Essential Properties Realty Trust (EPRT) Land & Improvements (2019 - 2026) Analysis & Trends

Essential Properties Realty Trust (EPRT) has 8 years of Land & Improvements data on file, last reported at $2.4 billion in Q2 2026.

  • Quarterly Land & Improvements rose 18.56% year-over-year to $2.4 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.4 billion (up 18.56% YoY) and the FY2025 annual result came in at $2.2 billion, up 17.97% from the prior year.
  • Land & Improvements grew to $2.4 billion in Q2 2026, from $2.3 billion in the prior quarter.
  • In the past five years, Land & Improvements ranged from a high of $2.4 billion in Q2 2026 to a low of $1.1 billion in Q1 2022.
  • A 5-year average of $1.7 billion and a median of $1.7 billion in 2024 frame the typical range for Land & Improvements.
  • Annual changes were most pronounced in 2022 — Land & Improvements jumped 37.02% — and 2025, when it climbed 17.1%.
  • Tracing EPRT's Land & Improvements over 5 years: stood at $1.2 billion in 2022, then advanced by 25.52% to $1.5 billion in 2023, then increased by 20.96% to $1.9 billion in 2024, then increased by 17.97% to $2.2 billion in 2025, then grew by 9.14% to $2.4 billion in 2026.
  • The last three Land & Improvements figures came in at $2.4 billion (Q2 2026), $2.3 billion (Q1 2026), and $2.2 billion (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Land & Improvements (Qtr)
1 Simon Property 72.51 Bn 72.51 Bn 1.76 Bn -
2 Realty Income 57.85 Bn 57.85 Bn - 18.91 Bn
3 Kimco Realty 16.15 Bn 16.15 Bn 455.67 Mn -
4 Federal Realty Investment Trust 10.06 Bn 10.06 Bn 271.22 Mn -
5 Agree Realty 8.87 Bn 8.86 Bn - 3.15 Bn
6 Nnn Reit 8.70 Bn 8.70 Bn - -
7 Macerich 6.69 Bn 6.69 Bn 171.77 Mn -
8 Essential Properties Realty Trust 6.55 Bn 6.55 Bn - 2.40 Bn
9 Kite Realty Group Trust 5.31 Bn 5.31 Bn - -
10 Phillips Edison & Company 5.02 Bn 5.02 Bn - 2.00 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 2.40 Bn
Mar 31, 2026 2.30 Bn
Dec 31, 2025 2.20 Bn
Sep 30, 2025 2.13 Bn
Jun 30, 2025 2.03 Bn
Mar 31, 2025 1.95 Bn
Dec 31, 2024 1.87 Bn
Sep 30, 2024 1.80 Bn
Jun 30, 2024 1.73 Bn
Mar 31, 2024 1.64 Bn
Dec 31, 2023 1.54 Bn
Sep 30, 2023 1.43 Bn
Jun 30, 2023 1.37 Bn
Mar 31, 2023 1.27 Bn
Dec 31, 2022 1.23 Bn
Sep 30, 2022 1.16 Bn
Jun 30, 2022 1.12 Bn
Mar 31, 2022 1.08 Bn
Dec 31, 2021 1.00 Bn
Sep 30, 2021 925.62 Mn