EPR Properties (EPR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the EPR SEC filings page.
EPR Properties (EPR) reported $742.6M in revenue over the twelve months to Jun 30, 2026, up 4.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
EPR's 2025 rebound came from stronger operating income and lighter reinvestment, while leverage rose and dividends exceeded free cash flow.
The cash profile is investment-timing sensitive: in FY2025, operating cash flow of$421M converted to$269M of free cash flow. That conversion improved from a5.9% free-cash-flow margin in FY2022 to37.5% in FY2025, indicating that reinvestment timing materially shaped cash available.
Leverage has climbed while equity has barely moved: debt-to-equity rose from 1.1x in FY2022 to 1.3x in FY2025. Total liabilities reached
Operating margin expanded from
Financial Health Signals
Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of EPR Properties's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. EPR Properties scores 88/100 on it among other REITs.
FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. EPR Properties scores 48/100 on it among other REITs.
EPR Properties's net debt of $2.8B, being $2.9B of long-term debt less $90.6M of cash, came to 4.87 times its EBITDA in fiscal year 2025. REITs are ranked here on that debt against their EBITDA, where a lower multiple is the safer one, and EPR Properties scores 55/100 among other REITs.
EPR Properties's operating income of $414.3M covered its interest expense of $133.1M 3.11 times over in fiscal year 2025. The interest coverage axis ranks REITs on operating income against interest owed, and EPR Properties scores 73/100 among other REITs.
AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. EPR Properties scores 64/100 on it among other REITs.
Dividend coverage measures funds from operations against the dividends actually paid, and a figure above 1 means the payout came out of operations. EPR Properties scores 56/100 on it among other REITs.
EPR Properties passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, EPR Properties generates $1.53 in operating cash flow ($421.0M OCF vs $274.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
EPR Properties earns $3.11 in operating income for every $1 of interest expense ($414.3M vs $133.1M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
EPR Properties generated $196.1M in revenue in Q2 2026. This represents an increase of 10.1% from the same quarter a year earlier. Against the prior quarter it is up 8.2%.
EPR Properties's EBITDA was $155.7M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 1.5% from the same quarter a year earlier. Against the prior quarter it is up 6.9%.
EPR Properties reported $67.2M in net income in Q2 2026. This represents a decrease of 11.2% from the same quarter a year earlier. Against the prior quarter it is up 7.3%.
EPR Properties earned $0.79 per diluted share (EPS) in Q2 2026. This represents a decrease of 13.2% from the same quarter a year earlier. Against the prior quarter it is up 6.8%.
Cash & Balance Sheet
EPR Properties recorded an outflow of $328.8M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 498.7% from the same quarter a year earlier. Against the prior quarter it is down 527.3%.
EPR Properties held $16.2M in cash against $3.3B in long-term debt as of Q2 2026.
EPR Properties paid $0.93 per share in dividends in Q2 2026. This represents an increase of 5.1% from the same quarter a year earlier. Against the prior quarter it is up 3.3%.
Margins & Returns
EPR Properties's operating margin was 54.6% in Q2 2026, reflecting core business profitability. This is down 7.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.9 percentage points.
EPR Properties's net profit margin was 34.3% in Q2 2026, showing the share of revenue converted to profit. This is down 8.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.3 percentage points.
EPR Properties's ROE was 2.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.2 percentage points.
Not reported for Q2 2026.
Capital Allocation
EPR Properties repurchased no shares in Q2 2026. Against the prior quarter it is down 100.0%.
EPR Properties invested $421.9M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 8556.6% from the same quarter a year earlier. Against the prior quarter it is up 1058.0%.
Not reported for Q2 2026.
EPR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $196.1M+10.1% | $181.3M+3.6% | $182.9M+3.2% | $182.3M+1.0% | $178.1M+2.9% | $175.0M+4.7% | $177.2M+3.1% | $180.5M-4.7% |
| SG&A Expenses | $14.0M+5.6% | $14.2M+1.6% | $14.6M+19.1% | $14.0M+17.3% | $13.2M+10.1% | $14.0M+0.8% | $12.2M-11.1% | $11.9M-11.4% |
| Operating Income | $107.0M-3.8% | $100.6M-1.0% | $103.8M+129.5% | $97.6M+5.3% | $111.3M+40.1% | $101.6M+3.3% | $45.2M-44.3% | $92.7M+6.2% |
| EBITDA | $155.7M+1.5% | $145.6M+2.0% | $147.4M+70.9% | $140.0M+3.3% | $153.3M+26.9% | $142.7M+2.8% | $86.2M-29.3% | $135.5M+4.4% |
| Interest Expense | $38.3M+15.1% | $34.8M+5.3% | $33.6M+0.3% | $33.2M+1.1% | $33.2M+1.3% | $33.0M+4.3% | $33.5M+10.3% | $32.9M+5.3% |
| Income Tax | $617K-9.4% | $614K+351.5% | $954K+46.1% | $725K+684.7% | $681K+22.3% | $136K-60.8% | $653K-2.1% | -$124K-133.3% |
| Net Income | $67.2M-11.2% | $62.6M-4.9% | $66.9M+897.0% | $66.6M+42.7% | $75.6M+67.7% | $65.8M+4.9% | -$8.4M-118.4% | $46.6M-17.1% |
| EPS (Basic) | $0.80-12.1% | $0.74-6.3% | $0.80+521.1% | $0.80+48.1% | $0.91+75.0% | $0.79+5.3% | -$0.19-135.8% | $0.54-19.4% |
| EPS (Diluted) | $0.79-13.2% | $0.74-5.1% | $0.80 | $0.79+49.1% | $0.91+78.4% | $0.78+4.0% | -$0.20 | $0.53-19.7% |
| Diluted Shares (Avg) | 77M+0.6% | 77M+0.5% | N/A | 77M+0.7% | 77M+0.7% | 76M+0.7% | N/A | 76M+0.4% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
EPR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.1B+8.8% | $5.7B+2.7% | $5.7B+1.5% | $5.5B-2.6% | $5.6B-1.5% | $5.5B-2.8% | $5.6B-1.5% | $5.7B-0.5% |
| Cash & Equivalents | $16.2M+25.0% | $68.5M+232.8% | $90.6M+310.6% | $13.7M-61.2% | $13.0M-61.6% | $20.6M-65.4% | $22.1M-71.7% | $35.3M-79.6% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $111.4M+17.9% | $101.2M+18.0% | $97.9M+15.7% | $92.3M+15.8% | $94.5M+25.2% | $85.8M+23.6% | $84.6M+32.9% | $79.7M+45.4% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | N/A | N/A | $693K0.0% | N/A | N/A | N/A | $693K0.0% | N/A |
| Total Liabilities | $3.7B+15.9% | $3.4B+4.8% | $3.4B+2.3% | $3.2B-2.1% | $3.2B+0.3% | $3.2B-1.1% | $3.3B+1.4% | $3.3B+1.2% |
| Long-Term Debt | $3.3B+17.9% | $2.9B+5.0% | $2.9B+2.4% | $2.8B-3.0% | $2.8B-0.9% | $2.8B-0.9% | $2.9B+1.6% | $2.9B+1.4% |
| Total Equity | $2.3B-0.9% | $2.3B-0.2% | $2.3B+0.3% | $2.3B-3.1% | $2.3B-3.9% | $2.3B-5.2% | $2.3B-5.3% | $2.4B-2.8% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Current Liabilities, Non-Current Liabilities, Retained Earnings.
EPR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $93.2M+6.7% | $113.4M+14.1% | $97.8M+5.2% | $136.5M+11.9% | $87.3M+11.0% | $99.4M-0.2% | $92.9M+20.7% | $122.0M-18.2% |
| Depreciation & Amortization | $48.6M+15.6% | $45.0M+9.4% | $43.6M+6.3% | $42.4M-0.9% | $42.1M+1.5% | $41.1M+1.5% | $41.0M+0.7% | $42.8M+0.9% |
| Stock-Based Compensation | N/A | $4.1M+6.0% | N/A | N/A | N/A | $3.9M+4.7% | N/A | N/A |
| Capital Expenditures | $421.9M+8556.6% | $36.4M+148.4% | $127.8M-42.3% | $4.4M+759.1% | $4.9M-33.7% | $14.7M-57.5% | $221.5M0.0% | $509K-26.4% |
| Free Cash Flow | -$328.8M-498.7% | $76.9M-9.2% | -$30.1M+76.6% | $132.1M+8.7% | $82.4M+15.6% | $84.7M+30.3% | -$128.6M+11.1% | $121.5M-18.2% |
| Investing Cash Flow | -$429.4M-3315.1% | -$50.9M-220.0% | -$115.2M-275.0% | -$36.3M+50.3% | -$12.6M+62.9% | $42.4M+210.0% | -$30.7M+70.5% | -$73.2M-867.5% |
| Financing Cash Flow | $282.8M+485.2% | -$86.5M+42.5% | $86.2M+233.8% | -$99.1M-109.4% | -$73.4M-4.3% | -$150.5M-89.3% | -$64.5M+5.1% | -$47.3M+30.5% |
| Dividends Paid | $71.2M+5.7% | $73.5M+3.8% | $73.3M+3.7% | $67.4M+4.1% | $67.3M+4.7% | $70.8M+3.8% | $70.7M+3.8% | $64.7M+4.2% |
| Share Buybacks | $0 | $13.1M+33.7% | $22K | $0 | $0 | $9.8M-13.6% | $0 | $0-100.0% |
EPR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 54.6%-7.9pp | 55.5%-2.5pp | 56.8%+31.2pp | 53.5%+2.2pp | 62.5%+16.6pp | 58.1%-0.7pp | 25.5%-21.7pp | 51.4%+5.3pp |
| Net Margin | 34.3%-8.2pp | 34.5%-3.1pp | 36.6%+41.3pp | 36.5%+10.7pp | 42.5%+16.4pp | 37.6%+0.1pp | -4.7%-31.2pp | 25.8%-3.9pp |
| Return on Equity | 2.9%-0.3pp | 2.7%-0.1pp | 2.9%+3.2pp | 2.9%+0.9pp | 3.2%+1.4pp | 2.8%+0.3pp | -0.4%-2.2pp | 1.9%-0.3pp |
| Return on Assets | 1.1%-0.2pp | 1.1%-0.1pp | 1.2%+1.3pp | 1.2%+0.4pp | 1.4%+0.6pp | 1.2%+0.1pp | -0.1%-0.9pp | 0.8%-0.2pp |
| Debt-to-Equity | 1.43+0.2x | 1.27+0.1x | 1.260.0x | 1.190.0x | 1.200.0x | 1.20+0.1x | 1.23+0.1x | 1.190.0x |
| Asset Turnover | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x |
| FCF Margin | -167.7% | 42.4%-5.9pp | -16.4%+56.1pp | 72.5%+5.2pp | 46.3%+5.1pp | 48.4%+9.5pp | -72.6%+11.5pp | 67.3%-11.1pp |
Not reported in any period shown, so not listed: Gross Margin, Current Ratio.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| EPR Properties EPR | FY2025 | $718.4M | $274.9M | 38.3% | $4.2B | 64/100 |
| Rayonier Inc. RYN | FY2025 | $484.5M | $474.4M | 97.9% | $5.6B | 36/100 |
| PotlatchDeltic Corporation PCH | FY2024 | $1.1B | $21.9M | 2.1% | $3.2B | 33/100 |
| OUTFRONT Media Inc. OUT | FY2025 | $1.8B | $147.0M | 8.0% | $5.3B | 40/100 |
| Uniti Group Inc. UNIT | FY2025 | $2.2B | $1.3B | 58.4% | $1.7B | 54/100 |
| Gaming and Leisure Properties, Inc. GLPI | FY2025 | $1.6B | $825 | 0.0% | $11.1B | 45/100 |
Where EPR Properties Ranks
Frequently Asked Questions
What is EPR Properties's annual revenue?
EPR Properties (EPR) reported $718.4M in total revenue for fiscal year 2025. This represents a 2.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is EPR Properties's revenue growing?
EPR Properties (EPR) revenue grew by 2.9% year-over-year, from $698.1M to $718.4M in fiscal year 2025.
Is EPR Properties profitable?
Yes, EPR Properties (EPR) reported a net income of $274.9M in fiscal year 2025, with a net profit margin of 38.3%.
What is EPR Properties's EBITDA?
EPR Properties (EPR) had EBITDA of $583.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does EPR Properties have?
As of fiscal year 2025, EPR Properties (EPR) had $90.6M in cash and equivalents against $2.9B in long-term debt.
What is EPR Properties's operating margin?
EPR Properties (EPR) had an operating margin of 57.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is EPR Properties's net profit margin?
EPR Properties (EPR) had a net profit margin of 38.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does EPR Properties pay dividends?
Yes, EPR Properties (EPR) paid $3.52 per share in dividends during fiscal year 2025.
What is EPR Properties's return on equity (ROE)?
EPR Properties (EPR) has a return on equity of 11.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is EPR Properties's free cash flow?
EPR Properties (EPR) generated $269.2M in free cash flow during fiscal year 2025. This represents a 108.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is EPR Properties's operating cash flow?
EPR Properties (EPR) generated $421.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are EPR Properties's total assets?
EPR Properties (EPR) had $5.7B in total assets as of fiscal year 2025, including both current and long-term assets.
What are EPR Properties's capital expenditures?
EPR Properties (EPR) invested $151.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is EPR Properties's debt-to-equity ratio?
EPR Properties (EPR) had a debt-to-equity ratio of 1.26 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is EPR Properties's return on assets (ROA)?
EPR Properties (EPR) had a return on assets of 4.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is EPR Properties's P/E ratio?
EPR Properties (EPR) trades at 15.9x earnings, its market capitalization divided by net income of $263.3M net income, trailing 12 months to June 30, 2026. The market capitalization is $4.2B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is EPR Properties's price-to-sales ratio?
EPR Properties (EPR) trades at 5.6x sales, its market capitalization divided by revenue of $742.6M revenue, trailing 12 months to June 30, 2026. The market capitalization is $4.2B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is EPR Properties's Piotroski F-Score?
EPR Properties (EPR) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are EPR Properties's earnings high quality?
EPR Properties (EPR) has an earnings quality ratio of 1.53x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can EPR Properties cover its interest payments?
EPR Properties (EPR) has an interest coverage ratio of 3.11x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is EPR Properties?
EPR Properties (EPR) scores 64 out of 100 on our Financial Health Score, indicating moderate standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.