EPR Properties (EPR) - Net Assets
Based on the latest financial reports, EPR Properties (EPR) has net assets worth $2.31 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.05 Billion) and total liabilities ($3.74 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check EPR Properties strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.31 Billion |
| % of Total Assets | 38.16% |
| Annual Growth Rate | 8.64% |
| 5-Year Change | -11.03% |
| 10-Year Change | 6.55% |
| Growth Volatility | 14.0 |
EPR Properties - Net Assets Trend (1998–2025)
This chart illustrates how EPR Properties's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see EPR market cap overview.
Annual Net Assets for EPR Properties (1998–2025)
The table below shows the annual net assets of EPR Properties from 1998 to 2025. Also explore net asset momentum of EPR Properties to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.33 Billion | +0.26% |
| 2024-12-31 | $2.32 Billion | -5.33% |
| 2023-12-31 | $2.45 Billion | -3.22% |
| 2022-12-31 | $2.54 Billion | -3.14% |
| 2021-12-31 | $2.62 Billion | -0.48% |
| 2020-12-31 | $2.63 Billion | -12.48% |
| 2019-12-31 | $3.01 Billion | +4.91% |
| 2018-12-31 | $2.87 Billion | -2.13% |
| 2017-12-31 | $2.93 Billion | +33.92% |
| 2016-12-31 | $2.19 Billion | +5.40% |
| 2015-12-31 | $2.07 Billion | +7.65% |
| 2014-12-31 | $1.93 Billion | +14.13% |
| 2013-12-31 | $1.69 Billion | +15.63% |
| 2012-12-31 | $1.46 Billion | -2.55% |
| 2011-12-31 | $1.50 Billion | -8.16% |
| 2010-12-31 | $1.63 Billion | +11.12% |
| 2009-12-31 | $1.47 Billion | +13.56% |
| 2008-12-31 | $1.29 Billion | +25.99% |
| 2007-12-31 | $1.03 Billion | +19.70% |
| 2006-12-31 | $857.16 Million | +27.62% |
| 2005-12-31 | $671.66 Million | +13.19% |
| 2004-12-31 | $593.39 Million | +33.52% |
| 2003-12-31 | $444.41 Million | +20.58% |
| 2002-12-31 | $368.55 Million | +42.78% |
| 2001-12-31 | $258.13 Million | -0.96% |
| 2000-12-31 | $260.62 Million | -2.17% |
| 1999-12-31 | $266.40 Million | +7.16% |
| 1998-12-31 | $248.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EPR Properties's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 135455900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $842.00K | 0.04% |
| Other Comprehensive Income | $1.04 Million | 0.04% |
| Other Components | $3.68 Billion | 158.12% |
| Total Equity | $2.33 Billion | 100.00% |
EPR Properties Competitors by Market Cap
The table below lists competitors of EPR Properties ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ADT Inc
NYSE:ADT
|
$4.44 Billion |
|
Karman Holdings Inc.
NYSE:KRMN
|
$4.44 Billion |
|
DKSH Holding AG
SW:DKSH
|
$4.44 Billion |
|
Ufp Industries Inc
NASDAQ:UFPI
|
$4.44 Billion |
|
Madison Air Solutions Corporation
NYSE:MAIR
|
$4.43 Billion |
|
Millrose Properties, Inc.
NYSE:MRP
|
$4.43 Billion |
|
Brookfield Infrastructure Corp
NYSE:BIPC
|
$4.43 Billion |
|
Premier Energies Limited
NSE:PREMIERENE
|
$4.43 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EPR Properties's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,323,245,000 to 2,329,171,000, a change of 5,926,000 (0.3%).
- Net income of 274,936,000 contributed positively to equity growth.
- Dividend payments of 290,720,000 reduced retained earnings.
- Share repurchases of 9,855,000 reduced equity.
- New share issuances of 949,000 increased equity.
- Other comprehensive income increased equity by 4,793,000.
- Other factors increased equity by 25,823,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $274.94 Million | +11.8% |
| Dividends Paid | $290.72 Million | -12.48% |
| Share Repurchases | $9.86 Million | -0.42% |
| Share Issuances | $949.00K | +0.04% |
| Other Comprehensive Income | $4.79 Million | +0.21% |
| Other Changes | $25.82 Million | +1.11% |
| Total Change | $- | 0.26% |
Book Value vs Market Value Analysis
This analysis compares EPR Properties's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.90x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.22x to 1.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $17.94 | $57.84 | x |
| 1998-12-31 | $17.91 | $57.84 | x |
| 1999-12-31 | $18.31 | $57.84 | x |
| 2000-12-31 | $17.60 | $57.84 | x |
| 2001-12-31 | $17.46 | $57.84 | x |
| 2002-12-31 | $19.88 | $57.84 | x |
| 2003-12-31 | $22.19 | $57.84 | x |
| 2004-12-31 | $24.82 | $57.84 | x |
| 2005-12-31 | $26.10 | $57.84 | x |
| 2006-12-31 | $32.02 | $57.84 | x |
| 2007-12-31 | $37.09 | $57.84 | x |
| 2008-12-31 | $40.97 | $57.84 | x |
| 2009-12-31 | $40.65 | $57.84 | x |
| 2010-12-31 | $35.19 | $57.84 | x |
| 2011-12-31 | $31.34 | $57.84 | x |
| 2012-12-31 | $31.02 | $57.84 | x |
| 2013-12-31 | $35.00 | $57.84 | x |
| 2014-12-31 | $35.38 | $57.84 | x |
| 2015-12-31 | $35.56 | $57.84 | x |
| 2016-12-31 | $34.44 | $57.84 | x |
| 2017-12-31 | $41.08 | $57.84 | x |
| 2018-12-31 | $38.54 | $57.84 | x |
| 2019-12-31 | $39.15 | $57.84 | x |
| 2020-12-31 | $34.62 | $57.84 | x |
| 2021-12-31 | $35.02 | $57.84 | x |
| 2022-12-31 | $33.79 | $57.84 | x |
| 2023-12-31 | $32.41 | $57.84 | x |
| 2024-12-31 | $30.49 | $57.84 | x |
| 2025-12-31 | $30.45 | $57.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EPR Properties utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.80%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 38.27%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 2.45x
- Recent ROE (11.80%) is above the historical average (7.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 0.56% | 56.00% | 0.01x | 1.03x | $-23.72 Million |
| 1998 | 7.72% | 67.37% | 0.06x | 1.87x | $-5.66 Million |
| 1999 | 8.71% | 65.54% | 0.07x | 1.94x | $-3.44 Million |
| 2000 | 9.27% | 66.26% | 0.07x | 1.97x | $-1.89 Million |
| 2001 | 9.14% | 64.54% | 0.06x | 2.26x | $-2.23 Million |
| 2002 | 8.82% | 63.91% | 0.07x | 2.07x | $-4.16 Million |
| 2003 | 8.89% | 61.64% | 0.06x | 2.28x | $-4.68 Million |
| 2004 | 9.15% | 61.33% | 0.07x | 2.07x | $-5.02 Million |
| 2005 | 10.36% | 56.09% | 0.09x | 2.12x | $2.42 Million |
| 2006 | 9.65% | 55.17% | 0.09x | 1.84x | $-2.98 Million |
| 2007 | 10.38% | 59.16% | 0.08x | 2.15x | $3.87 Million |
| 2008 | 10.17% | 36.20% | 0.14x | 2.06x | $2.23 Million |
| 2009 | 0.54% | 4.04% | 0.07x | 1.82x | $-139.28 Million |
| 2010 | 7.17% | 48.21% | 0.08x | 1.82x | $-45.45 Million |
| 2011 | 7.84% | 50.10% | 0.08x | 1.86x | $-31.78 Million |
| 2012 | 8.33% | 37.78% | 0.11x | 2.02x | $-24.40 Million |
| 2013 | 10.68% | 52.53% | 0.10x | 1.94x | $11.46 Million |
| 2014 | 9.32% | 46.65% | 0.10x | 1.92x | $-13.02 Million |
| 2015 | 9.38% | 46.21% | 0.10x | 2.03x | $-12.85 Million |
| 2016 | 10.29% | 45.61% | 0.10x | 2.23x | $6.39 Million |
| 2017 | 8.98% | 45.65% | 0.09x | 2.12x | $-29.76 Million |
| 2018 | 9.32% | 38.10% | 0.11x | 2.14x | $-19.52 Million |
| 2019 | 5.14% | 23.71% | 0.10x | 2.19x | $-146.02 Million |
| 2020 | -5.01% | -32.48% | 0.06x | 2.55x | $-394.79 Million |
| 2021 | 3.77% | 19.23% | 0.09x | 2.22x | $-163.20 Million |
| 2022 | 6.95% | 28.86% | 0.11x | 2.27x | $-77.34 Million |
| 2023 | 7.05% | 26.23% | 0.12x | 2.32x | $-72.37 Million |
| 2024 | 6.29% | 22.79% | 0.11x | 2.42x | $-86.26 Million |
| 2025 | 11.80% | 38.27% | 0.13x | 2.45x | $42.02 Million |
Industry Comparison
This section compares EPR Properties's net assets metrics with peer companies in the REIT - Specialty industry.
Industry Context
- Industry: REIT - Specialty
- Average net assets among peers: $4,200,831,333
- Average return on equity (ROE) among peers: -4.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EPR Properties (EPR) | $2.31 Billion | 0.56% | 1.62x | $4.43 Billion |
| American Tower Corp (AMT) | $6.90 Billion | 17.91% | 3.78x | $81.65 Billion |
| Crown Castle (CCI) | $1.21 Billion | -33.32% | 2.43x | $31.63 Billion |
| Digital Realty Trust Inc (DLR) | $24.85 Billion | 5.27% | 0.99x | $68.70 Billion |
| Equinix Inc (EQIX) | $1.18 Billion | 5.87% | 1.57x | $102.74 Billion |
| Farmland Partners Inc (FPI) | $537.97 Million | 5.86% | 0.34x | $462.30 Million |
| Fermi Inc. (FRMI) | $1.10 Billion | -44.38% | 0.29x | $3.29 Billion |
| Gaming & Leisure Properties (GLPI) | $236.33 Million | 9.70% | 0.13x | $11.61 Billion |
| Iron Mountain Incorporated (IRM) | $967.49 Million | -2.88% | 1.75x | $29.90 Billion |
| Lamar Advertising Company (LAMR) | $831.80 Million | -6.98% | 3.74x | $12.63 Billion |
About EPR Properties
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 approxim… Read more