EPR Properties EPR
EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money. We have total assets of approximately $5.7 billion (after accumulated depreciation of approximately $1.8 billion) across 42 states and Canada. We adhere to rigorous underwriting and investing criteria centered on key industry, property and tenant level cash flow standards. We believe our focused approach provides a competitive advantage and the potential for stable and attractive returns.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-05-06) — 8-K, EX-99.1.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-30 | 2026-06-30 | 2026-07-15 | 2026-06-15 | $0.31 | Monthly |
| 2026-05-29 | 2026-05-29 | 2026-06-15 | 2026-05-14 | $0.31 | Monthly |
| 2026-04-30 | 2026-04-30 | 2026-05-15 | 2026-04-15 | $0.31 | Monthly |
| 2026-03-31 | 2026-03-31 | 2026-04-15 | 2026-02-24 | $0.31 | Monthly |
| 2026-02-27 | 2026-02-27 | 2026-03-16 | 2026-02-12 | $0.29 | Monthly |
| 2026-01-30 | 2026-01-30 | 2026-02-17 | 2026-01-14 | $0.29 | Monthly |
| 2025-12-31 | 2025-12-31 | 2026-01-15 | 2025-12-15 | $0.29 | Monthly |
| 2025-11-28 | 2025-11-28 | 2025-12-15 | 2025-11-13 | $0.29 | Monthly |
| 2025-10-31 | 2025-10-31 | 2025-11-17 | 2025-10-15 | $0.29 | Monthly |
| 2025-09-30 | 2025-09-30 | 2025-10-15 | 2025-09-15 | $0.29 | Monthly |
| 2025-08-29 | 2025-08-29 | 2025-09-15 | 2025-08-14 | $0.29 | Monthly |
| 2025-07-31 | 2025-07-31 | 2025-08-15 | 2025-07-15 | $0.29 | Monthly |
| 2025-06-30 | 2025-06-30 | 2025-07-15 | 2025-06-12 | $0.29 | Monthly |
| 2025-05-30 | 2025-05-30 | 2025-06-16 | 2025-05-15 | $0.29 | Monthly |
| 2025-04-30 | 2025-04-30 | 2025-05-15 | 2025-04-15 | $0.29 | Monthly |
| 2025-03-31 | 2025-03-31 | 2025-04-15 | 2025-02-26 | $0.29 | Monthly |
| 2025-02-28 | 2025-02-28 | 2025-03-17 | 2025-02-14 | $0.28 | Monthly |
| 2025-01-31 | 2025-01-31 | 2025-02-18 | 2025-01-14 | $0.28 | Monthly |
| 2024-12-31 | 2024-12-31 | 2025-01-15 | 2024-12-12 | $0.28 | Monthly |
| 2024-11-29 | 2024-11-29 | 2024-12-16 | 2024-11-14 | $0.28 | Monthly |
| 2024-10-31 | 2024-10-31 | 2024-11-15 | 2024-10-15 | $0.28 | Monthly |
| 2024-09-30 | 2024-09-30 | 2024-10-15 | 2024-09-12 | $0.28 | Monthly |
| 2024-08-30 | 2024-08-30 | 2024-09-16 | 2024-08-15 | $0.28 | Monthly |
| 2024-07-31 | 2024-07-31 | 2024-08-15 | 2024-07-15 | $0.28 | Monthly |
Coverage (payout of operating cash flow): 67.60%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $718.36M | $274.94M | $169.16M | $579.67M | $420.95M |
| 2024 | $641.00M | $146.07M | $165.40M | $437.69M | $393.14M |
| 2023 | $659.72M | $173.05M | $168.03M | $464.88M | $447.09M |
| 2022 | $610.65M | $176.23M | $163.65M | $465.58M | $441.72M |
| 2021 | $512.86M | $98.61M | $163.77M | $404.56M | $306.93M |
| 2020 | $405.52M | $-131.73M | $169.85M | $209.25M | $65.27M |
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.