ESSENTIAL PROPERTIES REALTY TRUST, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $253.0M | $203.0M | $190.7M | $134.1M | $95.7M | $42.3M | $41.8M | $15.6M |
| Depreciation & Amortization | $147.6M | $115.4M | $95.5M | $80.6M | $61.2M | $51.7M | $36.4M | $24.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $5.5M | $6.4M | $6.4M | $7.6M | $7.5M | $7.1M | $6.3M | $6.5M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $381.1M | $308.5M | $254.6M | $211.0M | $167.4M | $99.4M | $88.6M | $45.9M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | $1.7M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.15B | $-1.12B | $-857.1M | $-706.1M | $-829.7M | $-545.5M | $-607.8M | $-461.9M |
| Financing Activities | ||||||||
| Dividends Paid | $233.9M | $199.7M | $168.2M | $141.7M | $112.3M | $86.5M | $63.9M | $14.1M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $798.4M | $810.7M | $580.0M | $506.8M | $689.1M | $457.8M | $524.4M | $412.8M |
| Net Change in Cash | $25.4M | $-4.0M | $-22.5M | $11.7M | $26.8M | $11.7M | $5.1M | $-3.2M |
| Free Cash Flow | — | — | — | — | — | — | — | $44.2M |