Summary - Funding Rounds

Founding Date

1972
Liberty Property Trust is a subsidiary of Prologis

Liberty Property Trust Income Statement

Quarterly

USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

185.0m188.8m178.6m174.9m175.2m169.9m169.2m171.7m176.6m178.1m197.6m193.0m198.4m206.9m203.5m199.0m190.1m186.7m190.9m175.4m183.1m193.7m190.2m176.6m171.2m157.8m161.3m163.2m

Cost of goods sold

34.7m38.2m35.9m31.6m35.6m30.4m31.4m34.6m31.9m33.0m35.2m38.6m31.9m33.1m35.6m31.9m31.5m28.5m24.7m26.5m19.9m17.7m18.9m15.9m15.0m12.9m833.0k847.0k168.0k

Gross profit

150.3m150.7m142.7m143.3m139.6m139.5m137.8m137.1m144.7m145.1m(35.2m)159.1m161.0m165.3m171.3m171.6m167.5m161.6m161.9m164.4m155.5m165.4m174.7m174.2m161.6m158.3m156.9m160.5m163.0m

Gross profit Margin, %

81%80%80%82%80%82%81%80%82%81%80%83%83%83%84%84%85%87%86%89%90%90%92%91%92%99%99%100%

R&D expense

706.0k1.5m1.2m

General and administrative expense

12.6m12.6m16.0m13.3m13.6m17.2m14.6m14.6m19.8m16.5m18.4m15.0m14.7m18.8m17.1m15.6m21.0m15.6m16.2m16.9m15.3m11.9m18.6m11.7m13.1m15.6m9.7m10.2m

Operating expense total

78.8m78.5m79.2m75.5m76.1m79.4m75.9m75.8m86.4m83.2m99.6m98.6m98.9m119.5m101.4m97.2m100.4m94.4m89.0m96.7m102.1m119.8m114.9m184.3m96.6m117.0m107.7m103.9m

Depreciation and amortization

56.8m55.7m54.1m53.5m46.9m45.5m45.8m46.6m43.7m42.7m43.4m43.5m43.0m44.0m

EBIT

71.5m72.1m63.5m67.9m63.5m60.1m61.9m61.2m58.3m61.9m59.5m62.5m66.3m51.8m70.2m70.3m61.2m67.5m75.3m58.8m63.3m54.9m59.3m(22.7m)61.6m39.9m52.8m59.1m

EBIT margin, %

39%38%36%39%36%35%37%36%33%35%30%32%33%25%34%35%32%36%39%34%35%28%31%(13%)36%25%33%36%

Interest expense

39.1m34.9m34.8m31.2m31.2m28.5m30.8m30.7m31.9m32.0m39.2m38.5m38.0m34.7m28.5m28.6m26.8m25.1m29.9m20.5m20.0m21.3m20.3m19.1m19.8m25.5m25.4m25.8m

Interest income

3.4m8.0m2.6m

Investment income

783.0k385.0k534.0k1.1m827.0k916.0k769.0k(3.1m)1.8m1.6m4.2m1.5m1.6m6.9m(5.3m)(847.0k)4.9m5.6m9.0m5.7m4.0m4.3m6.8m7.4m6.8m7.0m2.2m1.8m

Pre tax profit

35.0m39.7m31.4m39.0m34.4m34.4m33.6m33.2m29.0m32.3m28.0m22.7m27.1m34.6m23.5m41.7m41.7m34.4m42.4m45.5m38.3m43.3m33.6m39.1m(41.8m)41.8m41.8m53.8m61.4m

Income tax expense

503.0k475.0k550.0k63.0k356.0k178.0k146.0k321.0k491.0k660.0k629.0k531.0k693.0k859.0k845.0k1.2m599.0k801.0k752.0k80.0k622.0k324.0k582.0k554.0k941.0k472.0k832.0k(261.0k)878.0k

Net Income

40.0m41.0m34.9m92.8m41.7m39.6m37.7m29.9m74.7m43.2m74.1m30.1m35.5m31.9m36.5m93.7m59.1m51.1m55.7m44.2m52.8m61.2m143.7m20.9m154.1m55.7m102.3m102.7m

Liberty Property Trust Balance Sheet

Annual

USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

108.4m18.2m38.4m163.4m69.3m35.4m43.6m11.9m84.9m

Accounts Receivable

6.9m8.2m9.0m13.9m15.5m14.3m14.0m11.2m14.2m

Prepaid Expenses

71.7m76.2m87.8m95.8m91.4m99.0m291.9m252.9m

Inventories

Total Assets

5.1b5.0b5.2b6.8b6.6b6.6b6.0b6.4b6.9b

Accounts Payable

23.7m23.4m31.1m70.4m52.0m51.4m65.9m79.6m65.6m

Dividends Payable

56.1m57.0m58.0m71.3m72.3m71.8m60.3m60.6m

Short-term debt

265.1m9.9m

Long-term debt

2.2b2.7b167.0m259.0m358.9m411.8m

Total Debt

2.5b2.7b167.0m358.9m411.8m

Total Liabilities

2.6b2.5b3.0b3.7b3.5b3.5b2.9b3.3b3.5b

Common Stock

116.0k117.0k119.0k148.0k150.0k148.0k147.0k148.0k

Additional Paid-in Capital

2.6b2.6b2.7b3.7b3.7b3.7b3.7b3.7b3.7b

Total Equity

2.4b2.5b2.2b3.1b3.1b3.0b3.1b3.1b3.4b

Financial Leverage

2.1 x2 x2.3 x2.2 x2.1 x2.2 x2 x2 x2 x

Quarterly

USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

39.5m111.9m32.7m49.9m24.4m27.7m154.1m34.1m54.4m61.7m1.1b370.6m228.7m39.1m38.8m73.1m48.7m43.7m29.3m42.3m36.5m14.7m47.7m30.4m24.2m17.8m96.9m21.0m514.9m

Accounts Receivable

6.7m9.6m11.7m7.8m9.2m9.2m12.4m7.0m8.4m8.1m8.8m18.0m15.3m18.6m19.0m14.8m14.4m18.3m12.3m14.0m15.0m14.5m13.3m12.8m9.4m13.4m16.0m12.5m17.0m

Prepaid Expenses

58.3m81.2m70.2m113.1m94.7m90.2m77.3m96.5m74.4m70.7m120.2m103.6m94.1m97.6m101.3m105.2m97.8m94.8m92.2m122.2m158.9m138.0m161.1m148.5m154.1m372.3m98.8m127.3m148.5m

Total Assets

5.0b5.1b5.0b4.8b4.9b5.0b5.0b5.0b5.1b5.2b6.5b6.8b6.7b6.7b6.6b6.6b6.7b6.5b6.6b6.7b6.1b6.2b6.3b6.4b6.6b6.8b6.9b6.9b7.3b

Accounts Payable

36.8m42.7m26.9m28.6m40.3m32.3m35.6m58.8m32.2m32.2m46.6m53.5m56.1m65.7m51.8m46.4m60.3m60.3m67.6m76.6m56.4m56.2m78.4m68.5m73.0m72.6m51.3m46.4m55.0m

Dividends Payable

55.7m55.9m56.4m56.6m56.8m57.4m57.6m58.9m59.8m59.5m71.1m71.7m71.9m72.0m72.5m72.7m71.9m71.3m71.4m71.4m60.3m60.3m60.1m60.5m60.5m60.4m62.2m62.2m65.9m

Long-term debt

165.1m77.7m141.0m50.0m70.0m300.0m260.0m395.0m420.0m115.0m177.0m295.0m257.2m394.2m569.9m100.0m100.0m100.0m

Total Debt

165.1m77.7m141.0m50.0m70.0m300.0m260.0m395.0m420.0m115.0m177.0m295.0m257.2m394.2m569.9m100.0m100.0m100.0m

Total Liabilities

2.5b2.6b2.6b2.4b2.4b2.7b2.8b2.7b2.9b3.0b3.4b3.6b3.6b3.6b3.5b3.5b3.7b3.5b3.6b3.8b3.0b3.1b3.2b3.2b3.3b3.5b3.5b3.5b3.4b

Common Stock

115.0k115.0k116.0k117.0k117.0k118.0k119.0k119.0k121.0k123.0k147.0k149.0k149.0k149.0k150.0k151.0k148.0k147.0k147.0k147.0k147.0k147.0k147.0k148.0k148.0k148.0k148.0k148.0k158.0k

Additional Paid-in Capital

2.5b2.5b2.6b2.6b2.6b2.6b2.7b2.7b2.7b2.8b3.7b3.7b3.7b3.7b3.8b3.8b3.7b3.6b3.6b3.7b3.7b3.7b3.7b3.7b3.7b3.7b3.7b3.7b4.1b

Total Equity

2.5b2.4b2.4b2.5b2.5b2.3b2.2b2.2b2.3b2.3b3.1b3.1b3.1b3.1b3.1b3.0b3.0b3.0b2.9b2.9b3.1b3.1b3.1b3.2b3.2b3.3b3.4b3.4b3.9b

Financial Leverage

2 x2.1 x2.1 x2 x2 x2.1 x2.2 x2.2 x2.3 x2.3 x2.1 x2.2 x2.2 x2.2 x2.1 x2.2 x2.2 x2.2 x2.2 x2.3 x2 x2 x2.1 x2 x2 x2.1 x2 x2 x1.9 x

Liberty Property Trust Cash Flow

Quarterly

USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

75.8m116.8m34.9m127.8m169.5m39.6m77.3m107.2m74.7m117.9m147.8m74.1m104.2m139.7m31.9m68.4m162.1m59.1m110.1m165.9m44.2m97.1m158.2m143.7m164.6m318.7m55.7m158.1m260.8m

Depreciation and Amortization

86.9m130.2m44.8m86.8m128.8m41.8m83.0m124.4m45.6m91.0m137.3m57.6m116.5m176.2m59.4m117.2m173.7m54.8m109.0m156.6m46.0m92.3m139.4m45.1m88.5m132.3m45.7m88.7m132.5m

Accounts Receivable

(609.0k)(3.6m)(4.8m)(879.0k)(2.4m)(1.0m)(4.2m)1.2m642.0k875.0k231.0k(4.1m)(1.3m)(4.8m)(3.7m)665.0k1.0m(4.0m)1.8m(5.0m)36.0k630.0k2.0m(706.0k)2.4m(1.5m)(2.2m)1.5m(3.1m)

Accounts Payable

5.7m11.7m3.2m4.9m16.6m8.9m12.2m35.4m1.1m1.2m15.5m6.6m9.1m18.8m(116.0k)(5.6m)8.3m3.8m3.9m21.3m(7.1m)(4.2m)13.2m(9.0m)(5.3m)(6.4m)(13.9m)(15.8m)(4.7m)

Cash From Operating Activities

148.2m221.3m78.0m166.7m238.4m92.7m160.7m259.0m92.2m146.4m215.0m73.7m147.4m250.3m90.0m173.1m299.7m96.8m176.9m286.8m86.4m177.8m261.6m93.7m198.6m296.4m53.8m112.4m226.6m

Capital Expenditures

(49.3m)(91.0m)(19.1m)(33.1m)(51.6m)(13.2m)(27.9m)(45.2m)(6.8m)(24.1m)(40.4m)(16.5m)(39.1m)(61.5m)(12.8m)(33.6m)(58.0m)(13.3m)(30.3m)(44.0m)(12.4m)(25.6m)(39.7m)(3.6m)(22.1m)(34.3m)(7.4m)(18.8m)(31.9m)

Cash From Investing Activities

(20.8m)(80.5m)(33.8m)112.5m104.1m(67.1m)38.2m(63.5m)30.7m(102.1m)(199.2m)195.0m39.2m(130.5m)(34.9m)(42.1m)(188.6m)26.4m(114.5m)(259.0m)(131.2m)(248.1m)(357.1m)85.1m(67.0m)(285.6m)(1.8m)(7.9m)23.1m

Long-term Borrowings

(180.0m)(478.5m)(250.0m)(302.9m)(105.7m)(592.6m)(642.7m)(111.6m)(216.5m)(436.0m)(38.8m)(507.0m)(710.2m)(786.7m)(186.0m)(202.3m)(305.3m)(44.0m)(107.0m)(191.0m)(414.8m)(662.9m)(975.5m)(410.1m)(434.4m)(562.0m)

Dividends Paid

(107.2m)(161.0m)(54.3m)(108.9m)(163.7m)(55.1m)(110.7m)(166.6m)(56.3m)(113.2m)(171.0m)(69.6m)(139.6m)(209.8m)(70.6m)(141.4m)(212.4m)(70.1m)(139.7m)(209.4m)(69.8m)(128.7m)(187.6m)(59.0m)(118.1m)(177.2m)(59.2m)(119.9m)(180.7m)

Cash From Financing Activities

(322.0m)(265.0m)(121.4m)(339.2m)(426.5m)(18.3m)(63.9m)(182.3m)(103.3m)(17.5m)1.1b(61.7m)(122.5m)(243.4m)(84.0m)(126.5m)(130.2m)(114.4m)(66.3m)(17.9m)37.5m40.4m98.4m(165.2m)(116.5m)(1.8m)(35.6m)(163.4m)182.9m

Net Change in Cash

(194.6m)(124.2m)(77.2m)(60.0m)(84.0m)7.3m134.9m13.2m19.6m26.8m1.1b206.9m64.1m(123.5m)(28.9m)4.4m(19.2m)8.9m(3.8m)9.9m(7.4m)(29.8m)2.9m13.6m15.2m9.1m16.4m(59.0m)432.6m

Free Cash Flow

98.9m130.3m59.0m133.6m186.8m79.5m132.8m213.8m85.4m122.3m174.6m57.2m108.3m188.9m77.2m139.5m241.6m83.5m146.6m242.8m74.0m152.3m221.9m90.1m176.5m262.1m46.4m93.5m194.7m

Liberty Property Trust Ratios

USDQ2, 2010

Financial Leverage

2 x

Liberty Property Trust Employee Rating

3.821 votes
Culture & Values
3.7
Work/Life Balance
4
Senior Management
3.6
Salary & Benefits
4
Career Opportunities
3.2
Source