Essential Properties Realty Trust (EPRT) Operating Margin (2017 - 2026)

Essential Properties Realty Trust (EPRT) reported Operating Margin of 56.45% for Q1 2026, down 510.0% on a YoY basis from 13.77% in Q1 2025, and down 14.32% quarter-over-quarter from 65.89% in Q4 2025.

Essential Properties Realty Trust (EPRT) Operating Margin (2017 - 2026) Analysis & Trends

Essential Properties Realty Trust has reported Operating Margin for 10 years, with the latest figure at 56.45% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin fell 510.0% year-over-year to 56.45%; the trailing twelve-month figure through Mar 2026 stood at 62.63% (up 50.0% YoY), and the FY2025 full-year result was 64.13%, up 226.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 56.45%, down from 65.89% in the prior quarter.
  • The five-year high for Operating Margin was 74.88% in Q2 2023, with the low at 54.76% in Q1 2022.
  • Historically, Operating Margin has averaged 63.23% across 5 years, with a median of 64.01% in 2023.
  • Annual changes were most pronounced in 2023 — Operating Margin soared 1155 bps — and 2024, when it slumped 1375 bps.
  • Essential Properties Realty Trust's Operating Margin stood at 61.73% in 2022, then rose by 7 bps to 66.1% in 2023, then declined by 0 bps to 66.08% in 2024, then declined by 0 bps to 65.89% in 2025, then slipped by 14 bps to 56.45% in 2026.
  • The last three Operating Margin figures came in at 56.45% (Q1 2026), 65.89% (Q4 2025), and 64.67% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Simon Property 69.18 Bn 69.56 Bn 1.76 Bn 49.72%
2 Realty Income 55.47 Bn 56.16 Bn - -
3 Kimco Realty 17.00 Bn 17.03 Bn 447.43 Mn 36.37%
4 Regency Centers 14.85 Bn 14.97 Bn - 71.86%
5 Federal Realty Investment Trust 10.68 Bn 10.75 Bn 265.49 Mn 53.76%
6 Agree Realty 8.92 Bn 8.90 Bn - 49.11%
7 Nnn Reit 8.68 Bn 8.68 Bn - 61.00%
8 Essential Properties Realty Trust 6.37 Bn 6.38 Bn - 56.45%
9 Macerich 6.30 Bn 6.10 Bn 158.29 Mn -49.58%
10 Kite Realty Group Trust 6.26 Bn 6.38 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 56.45%
Dec 31, 2025 65.89%
Sep 30, 2025 64.67%
Jun 30, 2025 64.07%
Mar 31, 2025 61.55%
Dec 31, 2024 66.08%
Sep 30, 2024 59.68%
Jun 30, 2024 61.13%
Mar 31, 2024 60.27%
Dec 31, 2023 66.10%
Sep 30, 2023 64.01%
Jun 30, 2023 74.88%
Mar 31, 2023 65.37%
Dec 31, 2022 61.73%
Sep 30, 2022 64.99%
Jun 30, 2022 63.33%
Mar 31, 2022 54.76%
Dec 31, 2021 59.98%
Sep 30, 2021 61.44%
Jun 30, 2021 62.59%