Essential Properties Q1 2025 diluted EPS rises to $0.29; AFFO per share $0.45
Essential Properties Realty Trust reported first quarter 2025 results on April 23, 2025, with diluted net income per share of $0.29, up from $0.28 a year earlier, and AFFO per share of $0.45, up 7% from $0.42. The company reiterated its 2025 AFFO per share guidance of $1.85 to $1.89, which shareholders may weigh against the quarter's growth in earnings and investment activity.
Key points
- Diluted net income per share was $0.29 versus $0.28 in the first quarter of 2024; diluted AFFO per share was $0.45 versus $0.42.
- Total revenues were $129.4 million versus $103.5 million, and net income attributable to stockholders was $56.1 million versus $47.0 million.
- The company closed $307.7 million of investments (48 properties) at a 7.8% weighted average cash cap rate.
- 2025 AFFO per share guidance of $1.85 to $1.89 was reiterated; the first quarter dividend of $0.295 per share was paid April 11, 2025.
The filing
Written by AI on Nov 8, 2026, 12:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.