REIT - Diversified
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PKST vs GNL vs EPRT
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Diversified
REIT - Diversified
PKST vs GNL vs EPRT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||
|---|---|---|---|
| Industry | REIT - Diversified | REIT - Diversified | REIT - Diversified |
| Market Cap | $772M | $1.94B | $6.81B |
| Revenue (TTM) | $195M | $472M | $593M |
| Net Income (TTM) | $-298M | $-41M | $257M |
| Gross Margin | 84.0% | 70.5% | 84.7% |
| Operating Margin | 21.1% | 21.4% | 65.0% |
| Forward P/E | 48.2x | 21.2x | 24.1x |
| Total Debt | $0.00 | $2.58B | $2.52B |
| Cash & Equiv. | $139M | $180M | $60M |
PKST vs GNL vs EPRT — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Apr 23 | May 26 | Return |
|---|---|---|---|
| Peakstone Realty Tr… (PKST) | 100 | 94.5 | -5.5% |
| Global Net Lease, I… (GNL) | 100 | 84.9 | -15.1% |
| Essential Propertie… (EPRT) | 100 | 127.0 | +27.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: PKST vs GNL vs EPRT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
PKST is the clearest fit if your priority is momentum.
- +92.2% vs EPRT's +2.8%
GNL is the clearest fit if your priority is value and dividends.
- Lower P/E (21.2x vs 24.1x)
- 9.4% yield, vs EPRT's 3.7%
EPRT carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 7 yrs, beta 0.01, yield 3.7%
- Rev growth 25.0%, EPS growth 11.3%, 3Y rev CAGR 25.2%
- 190.2% 10Y total return vs PKST's 100.6%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 25.0% FFO/revenue growth vs PKST's -53.5% | |
| Value | Lower P/E (21.2x vs 24.1x) | |
| Quality / Margins | 43.3% margin vs PKST's -153.3% | |
| Stability / Safety | Beta 0.01 vs PKST's 0.50 | |
| Dividends | 9.4% yield, vs EPRT's 3.7% | |
| Momentum (1Y) | +92.2% vs EPRT's +2.8% | |
| Efficiency (ROA) | 3.8% ROA vs PKST's -15.0%, ROIC 4.4% vs -2.9% |
PKST vs GNL vs EPRT — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
PKST vs GNL vs EPRT — Financial Metrics
Side-by-side numbers across 3 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
EPRT leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
EPRT is the larger business by revenue, generating $593M annually — 3.0x PKST's $195M. EPRT is the more profitable business, keeping 43.3% of every revenue dollar as net income compared to PKST's -153.3%. On growth, EPRT holds the edge at +24.1% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||
|---|---|---|---|
| RevenueTrailing 12 months | $195M | $472M | $593M |
| EBITDAEarnings before interest/tax | $129M | $282M | $548M |
| Net IncomeAfter-tax profit | -$298M | -$41M | $257M |
| Free Cash FlowCash after capex | $100M | $178M | -$151M |
| Gross MarginGross profit ÷ Revenue | +84.0% | +70.5% | +84.7% |
| Operating MarginEBIT ÷ Revenue | +21.1% | +21.4% | +65.0% |
| Net MarginNet income ÷ Revenue | -153.3% | -8.7% | +43.3% |
| FCF MarginFCF ÷ Revenue | +51.4% | +37.7% | -25.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | -53.1% | -17.5% | +24.1% |
| EPS Growth (YoY)Latest quarter vs prior year | +113.4% | +90.8% | -3.4% |
Valuation Metrics
GNL leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
On an enterprise value basis, GNL's 12.1x EV/EBITDA is more attractive than EPRT's 18.0x.
| Metric | |||
|---|---|---|---|
| Market CapShares × price | $772M | $1.9B | $6.8B |
| Enterprise ValueMkt cap + debt − cash | $634M | $4.3B | $9.3B |
| Trailing P/EPrice ÷ TTM EPS | -2.51x | -9.31x | 24.59x |
| Forward P/EPrice ÷ next-FY EPS est. | 48.16x | 21.21x | 24.13x |
| PEG RatioP/E ÷ EPS growth rate | — | — | 1.03x |
| EV / EBITDAEnterprise value multiple | — | 12.06x | 17.96x |
| Price / SalesMarket cap ÷ Revenue | 7.29x | 3.90x | 12.11x |
| Price / BookPrice ÷ Book value/share | 0.99x | 1.22x | 1.51x |
| Price / FCFMarket cap ÷ FCF | — | 10.25x | 17.86x |
Profitability & Efficiency
EPRT leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
EPRT delivers a 6.3% return on equity — every $100 of shareholder capital generates $6 in annual profit, vs $-38 for PKST. EPRT carries lower financial leverage with a 0.60x debt-to-equity ratio, signaling a more conservative balance sheet compared to GNL's 1.55x. On the Piotroski fundamental quality scale (0–9), GNL scores 5/9 vs PKST's 1/9, reflecting solid financial health.
| Metric | |||
|---|---|---|---|
| ROE (TTM)Return on equity | -38.4% | -2.4% | +6.3% |
| ROA (TTM)Return on assets | -15.0% | -0.9% | +3.8% |
| ROICReturn on invested capital | -2.9% | +2.4% | +4.4% |
| ROCEReturn on capital employed | -3.0% | +3.6% | +5.8% |
| Piotroski ScoreFundamental quality 0–9 | 1 | 5 | 5 |
| Debt / EquityFinancial leverage | — | 1.55x | 0.60x |
| Net DebtTotal debt minus cash | -$139M | $2.4B | $2.5B |
| Cash & Equiv.Liquid assets | $139M | $180M | $60M |
| Total DebtShort + long-term debt | $0 | $2.6B | $2.5B |
| Interest CoverageEBIT ÷ Interest expense | — | 0.41x | 3.17x |
Total Returns (Dividends Reinvested)
Evenly matched — PKST and EPRT each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in PKST five years ago would be worth $20,056 today (with dividends reinvested), compared to $8,083 for GNL. Over the past 12 months, PKST leads with a +92.2% total return vs EPRT's +2.8%. The 3-year compound annual growth rate (CAGR) favors EPRT at 11.4% vs GNL's 2.9% — a key indicator of consistent wealth creation.
| Metric | |||
|---|---|---|---|
| YTD ReturnYear-to-date | +44.9% | +7.7% | +5.7% |
| 1-Year ReturnPast 12 months | +92.2% | +31.2% | +2.8% |
| 3-Year ReturnCumulative with dividends | +29.4% | +9.0% | +38.2% |
| 5-Year ReturnCumulative with dividends | +100.6% | -19.2% | +43.1% |
| 10-Year ReturnCumulative with dividends | +100.6% | -4.2% | +190.2% |
| CAGR (3Y)Annualised 3-year return | +9.0% | +2.9% | +11.4% |
Risk & Volatility
Evenly matched — PKST and EPRT each lead in 1 of 2 comparable metrics.
Risk & Volatility
EPRT is the less volatile stock with a 0.01 beta — it tends to amplify market swings less than PKST's 0.50 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. PKST currently trades 100.0% from its 52-week high vs EPRT's 90.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||
|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.50x | 0.30x | 0.01x |
| 52-Week HighHighest price in past year | $21.00 | $10.04 | $34.73 |
| 52-Week LowLowest price in past year | $10.80 | $6.77 | $28.95 |
| % of 52W HighCurrent price vs 52-week peak | +100.0% | +90.9% | +90.6% |
| RSI (14)Momentum oscillator 0–100 | 77.0 | 34.4 | 45.6 |
| Avg Volume (50D)Average daily shares traded | 392K | 1.9M | 2.0M |
Analyst Outlook
Evenly matched — GNL and EPRT each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: PKST as "Hold", GNL as "Buy", EPRT as "Buy". Consensus price targets imply 16.0% upside for EPRT (target: $37) vs 0.0% for PKST (target: $21). For income investors, GNL offers the higher dividend yield at 9.43% vs EPRT's 3.69%.
| Metric | |||
|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy | Buy |
| Price TargetConsensus 12-month target | $21.00 | $10.50 | $36.50 |
| # AnalystsCovering analysts | 2 | 16 | 22 |
| Dividend YieldAnnual dividend ÷ price | +3.7% | +9.4% | +3.7% |
| Dividend StreakConsecutive years of raises | 0 | 0 | 7 |
| Dividend / ShareAnnual DPS | $0.79 | $0.86 | $1.16 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.2% | +6.3% | 0.0% |
EPRT leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). GNL leads in 1 (Valuation Metrics). 3 tied.
PKST vs GNL vs EPRT: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is PKST or GNL or EPRT a better buy right now?
For growth investors, Essential Properties Realty Trust, Inc.
(EPRT) is the stronger pick with 25. 0% revenue growth year-over-year, versus -53. 5% for Peakstone Realty Trust (PKST). Essential Properties Realty Trust, Inc. (EPRT) offers the better valuation at 24. 6x trailing P/E (24. 1x forward), making it the more compelling value choice. Analysts rate Global Net Lease, Inc. (GNL) a "Buy" — based on 16 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — PKST or GNL or EPRT?
On forward P/E, Global Net Lease, Inc.
is actually cheaper at 21. 2x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — PKST or GNL or EPRT?
Over the past 5 years, Peakstone Realty Trust (PKST) delivered a total return of +100.
6%, compared to -19. 2% for Global Net Lease, Inc. (GNL). Over 10 years, the gap is even starker: EPRT returned +190. 2% versus GNL's -4. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — PKST or GNL or EPRT?
By beta (market sensitivity over 5 years), Essential Properties Realty Trust, Inc.
(EPRT) is the lower-risk stock at 0. 01β versus Peakstone Realty Trust's 0. 50β — meaning PKST is approximately 5552% more volatile than EPRT relative to the S&P 500. On balance sheet safety, Essential Properties Realty Trust, Inc. (EPRT) carries a lower debt/equity ratio of 60% versus 155% for Global Net Lease, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — PKST or GNL or EPRT?
By revenue growth (latest reported year), Essential Properties Realty Trust, Inc.
(EPRT) is pulling ahead at 25. 0% versus -53. 5% for Peakstone Realty Trust (PKST). On earnings-per-share growth, the picture is similar: Essential Properties Realty Trust, Inc. grew EPS 11. 3% year-over-year, compared to -27. 9% for Peakstone Realty Trust. Over a 3-year CAGR, EPRT leads at 25. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — PKST or GNL or EPRT?
Essential Properties Realty Trust, Inc.
(EPRT) is the more profitable company, earning 45. 0% net margin versus -290. 3% for Peakstone Realty Trust — meaning it keeps 45. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: EPRT leads at 64. 5% versus -56. 6% for PKST. At the gross margin level — before operating expenses — EPRT leads at 84. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is PKST or GNL or EPRT more undervalued right now?
On forward earnings alone, Global Net Lease, Inc.
(GNL) trades at 21. 2x forward P/E versus 48. 2x for Peakstone Realty Trust — 27. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for EPRT: 16. 0% to $36. 50.
08Which pays a better dividend — PKST or GNL or EPRT?
All stocks in this comparison pay dividends.
Global Net Lease, Inc. (GNL) offers the highest yield at 9. 4%, versus 3. 7% for Essential Properties Realty Trust, Inc. (EPRT).
09Is PKST or GNL or EPRT better for a retirement portfolio?
For long-horizon retirement investors, Essential Properties Realty Trust, Inc.
(EPRT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 01), 3. 7% yield, +190. 2% 10Y return). Both have compounded well over 10 years (EPRT: +190. 2%, PKST: +100. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between PKST and GNL and EPRT?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: PKST is a small-cap income-oriented stock; GNL is a small-cap income-oriented stock; EPRT is a small-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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