EPR Properties (EPR) Financial Ratios
29 years of historical data (1997–2025) · Real Estate · REIT - Specialty
EV/EBITDA
↓
13.63
+3% vs avg
5yr avg: 13.25
30Y Low10.6·High66.9
P/FCF
↓
10.45
+3% vs avg
5yr avg: 10.16
30Y Low6.6·High67.9
P/B Ratio
↑
1.89
↑+34% vs avg
5yr avg: 1.41
30Y Low0.6·High1.8
ROE
↑
11.8%
↓+67% vs avg
5yr avg: 7.1%
30Y Low-5%·High12%
Debt/EBITDA
↓
5.75
↓-10% vs avg
5yr avg: 6.36
30Y Low3.2·High31.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
EPR Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
EPR Properties trades at 17.5x earnings, 34% below its 5-year average of 26.7x, sitting at the 33rd percentile of its historical range. Compared to the Real Estate sector median P/E of 24.1x, the stock trades at a discount of 27%. On a free-cash-flow basis, the stock trades at 10.5x P/FCF, roughly in line with the 5-year average of 10.2x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4.4B | $3.8B | $3.4B | $3.7B | $2.8B | $3.6B | $2.5B | $5.4B | $4.8B | $4.7B | $4.6B |
| Enterprise Value | $7.4B | $6.9B | $6.4B | $6.6B | $5.8B | $6.3B | $5.4B | $8.2B | $7.7B | $7.7B | $7.0B |
| P/E Ratio → | 17.53 | 15.21 | 27.68 | 24.59 | 18.58 | 47.49 | — | 35.14 | 17.84 | 19.90 | 22.64 |
| P/S Ratio | 6.12 | 5.31 | 5.26 | 5.56 | 4.64 | 6.92 | 6.09 | 8.32 | 6.79 | 8.10 | 9.24 |
| P/B Ratio | 1.89 | 1.64 | 1.45 | 1.49 | 1.12 | 1.35 | 0.94 | 1.80 | 0.82 | 0.79 | 0.98 |
| P/FCF | 10.45 | 9.07 | 8.58 | 8.20 | 6.61 | 18.33 | — | 2344.95 | 54.08 | 11.93 | 14.88 |
| P/OCF | 10.45 | 9.07 | 8.58 | 8.20 | 6.41 | 11.57 | 37.84 | 12.34 | 9.83 | 11.93 | 14.88 |
P/E links to full P/E history page with 30-year chart
EPR EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
EPR Properties's enterprise value stands at 13.6x EBITDA, roughly in line with its 5-year average of 13.3x. The Real Estate sector median is 17.0x, placing the stock at a 20% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 9.55 | 10.02 | 10.05 | 9.46 | 12.25 | 13.19 | 12.64 | 11.05 | 13.28 | 14.24 |
| EV / EBITDA | 13.63 | 12.56 | 13.35 | 13.98 | 12.17 | 14.20 | 20.13 | 12.89 | 11.15 | 17.02 | 17.18 |
| EV / EBIT | 19.74 | 16.71 | 23.62 | 22.35 | 19.12 | 26.10 | 137.49 | 28.46 | 21.82 | 21.55 | 22.09 |
| EV / FCF | — | 16.29 | 16.34 | 14.84 | 13.48 | 32.44 | — | 3561.65 | 87.94 | 19.56 | 22.93 |
EPR Profitability
Margins and return-on-capital ratios measuring operating efficiency
EPR Properties earns an operating margin of 52.5%, significantly above the Real Estate sector average of 24.8%. Operating margins have expanded from 46.4% to 52.5% over the past 3 years, signaling improving operational efficiency. ROE of 11.8% is modest. ROIC of 5.3% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.7% | 44.7% | 90.8% | 91.3% | 90.8% | 88.9% | 85.6% | 90.7% | 95.6% | 94.5% | 95.4% |
| Operating Margin | 52.5% | 52.5% | 49.2% | 46.4% | 50.9% | 54.4% | 23.7% | 48.7% | 66.7% | 41.8% | 47.3% |
| Net Profit Margin | 38.3% | 38.3% | 22.8% | 26.2% | 28.9% | 19.2% | -32.5% | 23.7% | 38.1% | 45.7% | 45.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.8% | 11.8% | 6.1% | 6.9% | 6.8% | 3.7% | -4.7% | 3.5% | 4.6% | 5.0% | 6.7% |
| ROA | 4.9% | 4.9% | 2.6% | 3.0% | 3.0% | 1.6% | -2.0% | 2.4% | 4.3% | 4.8% | 5.0% |
| ROIC | 5.3% | 5.3% | 4.4% | 4.2% | 4.3% | 3.8% | 1.3% | 3.3% | 4.0% | 2.3% | 3.1% |
| ROCE | 7.2% | 7.2% | 5.8% | 5.5% | 5.5% | 4.5% | 1.5% | 5.2% | 7.9% | 4.5% | 5.3% |
EPR Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
EPR Properties carries a Debt/EBITDA ratio of 5.8x, which is highly leveraged (27% below the sector average of 7.9x). Net debt stands at $3.0B ($3.1B total debt minus $99M cash). Interest coverage of 3.1x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.35 | 1.35 | 1.32 | 1.24 | 1.20 | 1.15 | 1.48 | 1.11 | 0.51 | 0.51 | 0.54 |
| Debt / EBITDA | 5.75 | 5.75 | 6.39 | 6.41 | 6.43 | 6.83 | 14.70 | 5.23 | 4.30 | 6.74 | 6.08 |
| Net Debt / Equity | — | 1.31 | 1.31 | 1.21 | 1.16 | 1.04 | 1.09 | 0.93 | 0.51 | 0.51 | 0.53 |
| Net Debt / EBITDA | 5.57 | 5.57 | 6.34 | 6.25 | 6.20 | 6.18 | 10.84 | 4.40 | 4.29 | 6.64 | 6.03 |
| Debt / FCF | — | 7.23 | 7.76 | 6.63 | 6.87 | 14.12 | — | 1216.69 | 33.86 | 7.64 | 8.05 |
| Interest Coverage | 3.08 | 3.08 | 2.08 | 2.43 | 2.30 | 1.71 | 0.25 | 2.04 | 2.62 | 2.67 | — |
EPR Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.53x means EPR Properties can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 3.64x to 1.53x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.53 | 1.53 | 3.76 | 3.64 | 3.84 | 3.89 | 11.36 | 4.03 | 2.45 | 5.11 | 4.27 |
| Quick Ratio | 1.53 | 1.53 | 3.76 | 3.64 | 3.84 | 3.89 | 11.36 | 4.03 | 2.47 | 5.11 | 4.27 |
| Cash Ratio | 0.16 | 0.16 | 0.10 | 0.38 | 0.63 | 2.87 | 9.97 | 3.30 | 0.02 | 0.18 | 0.10 |
| Asset Turnover | — | 0.13 | 0.11 | 0.12 | 0.11 | 0.09 | 0.06 | 0.10 | 0.11 | 0.09 | 0.10 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
EPR Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
EPR Properties returns 6.8% to shareholders annually — split between a 6.6% dividend yield and 0.2% buyback yield. The payout ratio exceeds 100% at 105.7%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 5.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 6.6% | 7.6% | 8.3% | 7.4% | 9.4% | 3.3% | 7.0% | 6.8% | 7.2% | 6.7% | 5.8% |
| Payout Ratio | 105.7% | 105.7% | 191.6% | 157.3% | 150.7% | 119.2% | — | 237.7% | 128.2% | 118.5% | 118.1% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.7% | 6.6% | 3.6% | 4.1% | 5.4% | 2.1% | — | 2.8% | 5.6% | 5.0% | 4.4% |
| FCF Yield | 9.6% | 11.0% | 11.7% | 12.2% | 15.1% | 5.5% | — | 0.0% | 1.8% | 8.4% | 6.7% |
| Buyback Yield | 0.2% | 0.3% | 0.3% | 0.1% | 0.2% | 0.1% | 4.6% | 0.2% | 0.2% | 0.1% | 0.1% |
| Total Shareholder Yield | 6.8% | 7.9% | 8.6% | 7.5% | 9.5% | 3.4% | 11.6% | 7.0% | 7.3% | 6.8% | 5.9% |
| Shares Outstanding | — | $76M | $76M | $76M | $75M | $75M | $76M | $77M | $74M | $71M | $63M |
Peer Comparison
Compare EPR with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 EPRYou | $4B | 17.5 | 13.6 | 10.5 | 44.7% | 52.5% | 11.8% | 5.3% | 5.8 |
 VICI | $28B | 10.1 | 7.5 | 11.2 | 99.2% | 91.1% | 10.1% | 7.6% | — |
 GLPI | $13B | 15.2 | 13.6 | 15.3 | 62.1% | 75.3% | 17.1% | 7.3% | 5.2 |
 PEB | $2B | -21.2 | 14.6 | 14.2 | -6.7% | 5.1% | -2.5% | 1.1% | 8.1 |
 RHP | $8B | 33.2 | 15.3 | 34.0 | 9.9% | 18.9% | 22.7% | 8.2% | 5.6 |
 SAFE | $1B | 9.6 | 17.6 | 23.0 | 94.3% | 79.8% | 4.8% | 3.4% | 14.2 |
 AMC | $2B | -2.3 | 5.1 | — | 75.0% | 38.1% | — | 23.7% | 4.4 |
 CNK | $4B | 32.5 | 13.6 | 22.3 | 18.6% | 11.0% | 27.2% | 7.5% | 7.0 |
 PRKS | $2B | 15.2 | 8.2 | 8.4 | 36.5% | 22.3% | — | 15.4% | 4.3 |
 DIS | $180B | 15.2 | 11.5 | 17.9 | 37.8% | 14.6% | 11.3% | 6.9% | 2.3 |
 LYV | $40B | -713.5 | 20.4 | 119.3 | 23.0% | 5.9% | 26.4% | 19.7% | 5.6 |
| Real Estate Median | — | 24.1 | 17.0 | 15.4 | 49.3% | 24.8% | 3.7% | 2.7% | 7.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 29 years · Updated daily
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EPR — Frequently Asked Questions
Quick answers to the most common questions about buying EPR stock.
What is EPR Properties's P/E ratio?
EPR Properties's current P/E ratio is 17.5x. The historical average is 26.3x. This places it at the 33th percentile of its historical range.
What is EPR Properties's EV/EBITDA?
EPR Properties's current EV/EBITDA is 13.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 17.9x.
What is EPR Properties's ROE?
EPR Properties's return on equity (ROE) is 11.8%. The historical average is 7.4%.
Is EPR stock overvalued?
Based on historical data, EPR Properties is trading at a P/E of 17.5x. This is at the 33th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is EPR Properties's dividend yield?
EPR Properties's current dividend yield is 6.61% with a payout ratio of 105.7%.
What are EPR Properties's profit margins?
EPR Properties has 44.7% gross margin and 52.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does EPR Properties have?
EPR Properties's Debt/EBITDA ratio is 5.8x, indicating high leverage. A ratio above 4x may signal elevated financial risk.