Essential Properties Realty Trust Reports Q3 Net Income of $0.33 per Share and AFFO of $0.48 per Share

Reuters10-23
Essential Properties Realty Trust Reports Q3 Net Income of $0.33 per Share and AFFO of $0.48 per Share

Essential Properties Realty Trust Inc. reported its financial results for the third quarter ended September 30, 2025. The company made investments in 87 properties totaling $369.8 million with a weighted average cash cap rate of 8.0%. Dispositions included seven properties, generating net proceeds of $11.5 million at a weighted average cash cap rate of 6.6%. Net income per share increased by 22% to $0.33. Funds from operations (FFO) per share rose by 8% to $0.52, and adjusted funds from operations (AFFO) per share increased by 12% to $0.48 compared to the same period in 2024. During the quarter, the company issued $400.0 million of public debt with a 10-year term and a 5.40% coupon. The board declared a quarterly cash dividend of $0.30 per share, or $1.20 annualized, paid on October 14, 2025, to shareholders of record as of September 30, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Essential Properties Realty Trust Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251022712745) on October 22, 2025, and is solely responsible for the information contained therein.
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