EPR Properties (EPR) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

EPR Properties

NYSE•Real Estate•REIT - Specialty

$57.81+2.30(0.04%)Market open

Market Cap

$4.47B

P/E

15.1x

P/S

5.8x

P/B

1.9x

EPR Properties 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 6.1 billion dollars (after accumulated depreciation of approximately 1.8 billion dollars) across 43 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. EPR Properties was established on August 22, 1997 and is based in Kansas City, United States.

How this company scores

GoodMetricSide Score: 66/100

Strongest: Profitability (23/25); weakest: Balance Sheet & Red Flags (11/25).

Profitability23/25

Growth20/25

Balance Sheet & Red Flags11/25

Cash & Earnings Quality12/25

Strengths

Strong marginsRising earningsProfit converts from growthConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 15.1x5y range 13.8x – 36.1x

Currently near its 20-quarter median.

P/S · 5.8x5y range 4.1x – 7.1x

Currently near its 20-quarter median.

P/B · 1.9x5y range 1.0x – 2.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Leverage Risk

Watch

Debt-to-equity has risen 20.6% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $4.47B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $764.38M
Q. Revenue: $204.10M
TTM EBITDA: $638.99M
TTM Op. Income: $450.74M
Q. Op. Income: $139.25M
TTM Net Income: $296.80M
Q. Net Income: $100.12M
EPS: $1.229
Shares Out.: $76.60M

$764.38M in TTM revenue grew 7.3% YoY, reaching $204.10M last quarter. TTM EBITDA of $638.99M and TTM operating income of $450.74M show growth is flowing through to the bottom line. TTM net income of $296.80M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 93.3%
Op. Margin: 68.2%
Net Margin: 49.1%

Op. margin of 68.2% is up 14.7% YoY — cost efficiency is improving. Net margin at 49.1% Over the past year, operating margin is up 27% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 15.1x
P/S Ratio: 5.8x
P/B Ratio: 1.9x

At 15.1x P/E, the stock trades within typical market levels. P/S of 5.8x and P/B of 1.9x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 31% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $6.18B
Cash: $52.35M
Long-Term Debt: $3.35B
Book Value: $2.34B
D/E Ratio: 1.4
Debt/EBITDA: 17.6

With $6.18B in assets and $3.35B in long-term debt, D/E is 1.4and book value is $2.34B — moderate leverage. Across the last 8 quarters, debt/equity has risen for 4 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $168.98M
TTM Free Cash Flow: $-217.37M
FCF Margin: -28.4%
FCF / Net Income: -0.7

TTM FCF of $-217.37M on $168.98M in operating cash flow. The FCF / Net Income ratio of -0.7x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 4 consecutive quarters — a weakening trend.