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Essential Properties Realty Trust (Essential Properties Realty Trust) Asset Turnover

: 0.02 (As of Dec. 2023)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Essential Properties Realty Trust's Revenue for the three months ended in Dec. 2023 was $97.7 Mil. Essential Properties Realty Trust's Total Assets for the quarter that ended in Dec. 2023 was $4,640.2 Mil. Therefore, Essential Properties Realty Trust's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Essential Properties Realty Trust's annualized ROE % for the quarter that ended in Dec. 2023 was 6.76%. It is also linked to ROA % through Du Pont Formula. Essential Properties Realty Trust's annualized ROA % for the quarter that ended in Dec. 2023 was 4.23%.


Essential Properties Realty Trust Asset Turnover Historical Data

The historical data trend for Essential Properties Realty Trust's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Essential Properties Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only 0.08 0.07 0.08 0.08 0.08

Essential Properties Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

Competitive Comparison

For the REIT - Diversified subindustry, Essential Properties Realty Trust's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Essential Properties Realty Trust Asset Turnover Distribution

For the REITs industry and Real Estate sector, Essential Properties Realty Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Essential Properties Realty Trust's Asset Turnover falls into.



Essential Properties Realty Trust Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Essential Properties Realty Trust's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=359.595/( (4000.033+4768.261)/ 2 )
=359.595/4384.147
=0.08

Essential Properties Realty Trust's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=97.734/( (4512.181+4768.261)/ 2 )
=97.734/4640.221
=0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Essential Properties Realty Trust  (NYSE:EPRT) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Essential Properties Realty Trust's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=196.38/2903.897
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(196.38 / 390.936)*(390.936 / 4640.221)*(4640.221/ 2903.897)
=Net Margin %*Asset Turnover*Equity Multiplier
=50.23 %*0.0842*1.5979
=ROA %*Equity Multiplier
=4.23 %*1.5979
=6.76 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Essential Properties Realty Trust's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=196.38/4640.221
=(Net Income / Revenue)*(Revenue / Total Assets)
=(196.38 / 390.936)*(390.936 / 4640.221)
=Net Margin %*Asset Turnover
=50.23 %*0.0842
=4.23 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Essential Properties Realty Trust Asset Turnover Related Terms

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Essential Properties Realty Trust (Essential Properties Realty Trust) Business Description

Traded in Other Exchanges
Address
902 Carnegie Center Boulevard, Suite 520, Princeton, NJ, USA, 08540
Essential Properties Realty Trust Inc is a real estate investment trust. It acquires, owns and manages single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses.
Executives
Peter M. Mavoides director, officer: President and CEO 902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Mark E Patten officer: Executive VP and CFO PO BOX 10809, DAYTONA BEACH FL 32120
Timothy J Earnshaw officer: SVP & Chief Accounting Officer 902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Gregg A Seibert officer: Executive VP and COO 902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Lawrence J Minich director 5760 N. CALLE DE LOS CAMARONES, TUSCON AZ 85718
Stephen D Sautel director C/O HORIZON ACQUISITION, 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Scott A Estes director WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Anthony K. Dobkin director 195 BOWERY, 6TH FLOOR, NEW YORK NY 10002
Heather Leed Neary director 973 BUCKWALTER ROAD, LITITZ PA 17543
Paul T Bossidy director 3135 EASTON TURNPIKE, FAIRFIELD CT 06828
Janaki Sivanesan director 575 MADISON AVENUE, NEW YORK NY 10022
Eldridge Industries, Llc 10 percent owner 600 STEAMBOAT ROAD, GREENWICH CT 06830
Todd L Boehly 10 percent owner 600 STEAMBOAT ROAD, GREENWICH CT 06830
Eprt Holdings, Llc 10 percent owner 902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Daniel P Donlan officer: Senior VP - Capital Markets 2021 MCKINNEY AVENUE, SUITE 1150, DALLAS TX 75201