Essential Properties Realty Trust Management
Management criteria checks 4/4
Essential Properties Realty Trust's CEO is Pete Mavoides, appointed in Jan 2018, has a tenure of 6.92 years. total yearly compensation is $7.30M, comprised of 9.6% salary and 90.4% bonuses, including company stock and options. directly owns 0.061% of the company’s shares, worth $3.38M. The average tenure of the management team and the board of directors is 4 years and 6.5 years respectively.
Key information
Pete Mavoides
Chief executive officer
US$7.3m
Total compensation
| CEO salary percentage | 9.6% |
| CEO tenure | 6.9yrs |
| CEO ownership | 0.06% |
| Management average tenure | 4yrs |
| Board average tenure | 6.5yrs |
Recent management updates
Recent updates
Essential Properties: One Of The Best REITs To Own, Just No Margin Of Safety (Rating Downgrade)
Nov 29EPR Properties: The Simon Property Group Effect
Nov 21Essential Properties Realty Trust Is Not A Buy Anymore (Downgrade)
Oct 11Essential Properties Realty Trust: Great Business At Wrong Price (Rating Downgrade)
Sep 09Essential Properties: Not Essential To My Portfolio
Aug 09Essential Properties: 4 Reasons Why This REIT Continues To Outperform
Jul 08Essential Properties: 2 Reasons This REIT Is Outperforming Net Lease Peers
Jun 06Essential Properties Realty Trust: The Value Potential Is Still There After Q1 Earnings
May 02Analysts Are Updating Their Essential Properties Realty Trust, Inc. (NYSE:EPRT) Estimates After Its First-Quarter Results
Apr 26
Essential Properties: An Outperforming REIT You Should Accumulate Before Rate Cuts
Mar 25Looking For Income? 5%-Yielding Essential Properties Realty Trust May Be Right For You
Feb 22Essential Properties: One Of My Best Triple Net Lease REITs
Feb 08Here's Why We Think Essential Properties Realty Trust (NYSE:EPRT) Is Well Worth Watching
Jan 19Essential Properties Realty Trust: Financial Growth Supports Dividend And Upside
Jan 18Essential Properties Is One Of The Best REITs Out There
Jan 082 REITs Trading At Less Than 15X P/AFFO And Offering Double-Digit Upside
Dec 01Buy The Dip In High Yield REITs: Essential Properties Stock Vs. W. P. Carey Stock
Oct 25Essential Properties Realty Trust: Undervalued With Growing Dividend
Sep 23Essential Properties: I Bought The Debt, But I Didn't Buy The Equity
Sep 14Essential Properties: STORE Capital 2.0? Promising Growth Prospects
Aug 21Essential Properties: Rising Cash-On-Cash Returns, But Beware Of Emerging Risks
Aug 14Essential Properties Realty Trust: Compelling Strategy And Solid Value
Jul 14Essential Properties: Don't Overlook The Growth Potential
Jun 08Better High Yield Buy: Realty Income Or Essential Properties Realty?
May 26Essential Properties FFO of $0.39 in-line, revenue of $74.27M beats by $0.27M
Feb 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$196m |
| Jun 30 2024 | n/a | n/a | US$193m |
| Mar 31 2024 | n/a | n/a | US$194m |
| Dec 31 2023 | US$7m | US$700k | US$190m |
| Sep 30 2023 | n/a | n/a | US$177m |
| Jun 30 2023 | n/a | n/a | US$167m |
| Mar 31 2023 | n/a | n/a | US$150m |
| Dec 31 2022 | US$10m | US$600k | US$134m |
| Sep 30 2022 | n/a | n/a | US$128m |
| Jun 30 2022 | n/a | n/a | US$119m |
| Mar 31 2022 | n/a | n/a | US$107m |
| Dec 31 2021 | US$6m | US$600k | US$95m |
| Sep 30 2021 | n/a | n/a | US$71m |
| Jun 30 2021 | n/a | n/a | US$56m |
| Mar 31 2021 | n/a | n/a | US$43m |
| Dec 31 2020 | US$3m | US$500k | US$42m |
| Sep 30 2020 | n/a | n/a | US$51m |
| Jun 30 2020 | n/a | n/a | US$52m |
| Mar 31 2020 | n/a | n/a | US$49m |
| Dec 31 2019 | US$2m | US$500k | US$41m |
| Sep 30 2019 | n/a | n/a | US$33m |
| Jun 30 2019 | n/a | n/a | US$25m |
| Mar 31 2019 | n/a | n/a | US$17m |
| Dec 31 2018 | US$5m | US$300k | US$11m |
| Sep 30 2018 | n/a | n/a | US$9m |
| Jun 30 2018 | n/a | n/a | US$4m |
| Mar 31 2018 | n/a | n/a | US$6m |
| Dec 31 2017 | US$2m | US$492k | US$6m |
Compensation vs Market: Pete's total compensation ($USD7.30M) is about average for companies of similar size in the US market ($USD8.04M).
Compensation vs Earnings: Pete's compensation has been consistent with company performance over the past year.
CEO
Pete Mavoides (57 yo)
6.9yrs
Tenure
US$7,302,000
Compensation
Mr. Peter M. Mavoides, also known as Pete, has been the President & Chief Executive Officer of Essential Properties Realty Trust, Inc. since January 12, 2018 and he held similar positions at Essential Prop...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.9yrs | US$7.30m | 0.061% $ 3.4m | |
| Executive VP | 4.3yrs | US$2.14m | 0.038% $ 2.1m | |
| Executive VP & Head of Investments | 3.7yrs | no data | 0.0029% $ 158.1k | |
| Senior VP & Chief Accounting Officer | 4.9yrs | no data | 0.016% $ 907.8k | |
| Executive VP & Head of Asset Management | no data | no data | 0.030% $ 1.7m | |
| Senior Vice President of Real Estate Counsel | 1.3yrs | no data | no data | |
| Senior VP & Head of Capital Markets | 1.9yrs | no data | no data |
4.0yrs
Average Tenure
57yo
Average Age
Experienced Management: EPRT's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.9yrs | US$7.30m | 0.061% $ 3.4m | |
| Independent Director | 6.9yrs | US$174.00k | 0.14% $ 7.5m | |
| Independent Chairman of the Board | 6.5yrs | US$184.00k | 0.054% $ 3.0m | |
| Independent Director | 4.9yrs | US$179.00k | 0.010% $ 564.5k | |
| Independent Director | 4.9yrs | US$179.00k | 0.012% $ 643.9k | |
| Independent Director | 4.9yrs | US$174.00k | 0.011% $ 615.6k | |
| Independent Director | 6.9yrs | US$174.00k | 0.014% $ 795.8k |
6.5yrs
Average Tenure
55yo
Average Age
Experienced Board: EPRT's board of directors are considered experienced (6.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:26 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Essential Properties Realty Trust, Inc. is covered by 30 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Hightower | Barclays |
| Nathan Crossett | Berenberg |
| Juan Sanabria | BMO Capital Markets Equity Research |