Pennsylvania Real Estate Investment Trust

PREIT is a publicly traded real estate investment trust specializing in the ownership and management of differentiated shopping malls. Headquartered in Philadelphia, Pennsylvania, the company owns and operates over 26 million square feet of retail space in the eastern half of the United States with concentration in the Mid-Atlantic region’s top MSAs. Since 2012, the company has driven a transformation guided by an emphasis on balance sheet strength, high-quality merchandising and disciplined capital expenditures.
Company Growth (employees)
Type
Public
HQ
Philadelphia, US
Founded
1960
Size (employees)
347 (est)
Website
preit.com
Pennsylvania Real Estate Investment Trust was founded in 1960 and is headquartered in Philadelphia, US

Pennsylvania Real Estate Investment Trust Office Locations

Pennsylvania Real Estate Investment Trust has offices in Philadelphia, Plymouth, Plymouth Meeting and Grand Rapids
Philadelphia, US (HQ)
200 S Broad St

Pennsylvania Real Estate Investment Trust Data and Metrics

Pennsylvania Real Estate Investment Trust Financial Metrics

Pennsylvania Real Estate Investment Trust's revenue was reported to be $89.3 m in Q1, 2017
USD

Revenue (Q1, 2017)

89.3 m

Net income (Q1, 2017)

(486 k)

Market capitalization (17-Aug-2017)

720.1 m

Cash (31-Mar-2017)

18.7 m
Pennsylvania Real Estate Investment Trust's current market capitalization is $720.1 m.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

419.1 m419.3 m438.7 m432.7 m425.4 m399.9 m

Revenue growth, %

0%5%(1%)(2%)(6%)

General and administrative expense

(35.3 m)

Operating expense total

182.3 m370.1 m355.7 m321.2 m

EBIT

(30.2 m)(39.3 m)(151.7 m)

EBIT margin, %

(7%)(9%)(36%)

Interest expense

127.1 m98.7 m82.2 m81.1 m70.7 m

Net Income

37.2 m(14.3 m)(129.6 m)(12.7 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

106.8 m105.1 m100.1 m101.7 m107 m102 m94.3 m98.9 m89.3 m

General and administrative expense

(8.8 m)(8.4 m)(8.9 m)(9.1 m)(7.6 m)(8.6 m)(8.9 m)(8.2 m)(9 m)

Operating expense total

(8.8 m)(8.4 m)(8.9 m)(9.1 m)(7.6 m)(8.6 m)(8.9 m)(8.2 m)(9 m)

Interest expense

(21.6 m)(20.1 m)(20.1 m)(21.1 m)(19.7 m)(19.3 m)(17.1 m)(17.2 m)(15.3 m)

Net Income

(32.4 m)(33.3 m)(13.9 m)(48.6 m)(84.8 m)1.9 m11.1 m14 m(486 k)
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

74.2 m42.3 m34 m34 m34.2 m40.4 m22.9 m9.8 m

Total Assets

2.7 b2.5 b2.8 b2.6 b

Accounts Payable

2.7 m

Total Liabilities

1.9 b

Total Equity

926.5 m844.7 m784.6 m702.4 m

Financial Leverage

2.9 x3 x3.6 x3.7 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

30.7 m51.4 m37.5 m31.3 m22.1 m30.5 m16.8 m25.4 m18.7 m

Total Assets

2.7 b2.5 b3 b3 b2.9 b2.7 b2.6 b2.6 b2.6 b

Total Equity

859.8 m842.8 m952.7 m900.6 m843.3 m760.7 m748.2 m736.6 m848.6 m

Financial Leverage

3.1 x3 x3.1 x3.3 x3.4 x3.5 x3.5 x3.6 x3.1 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

37.2 m(14.3 m)(129.6 m)(12.7 m)

Depreciation and Amortization

133.2 m(144.3 m)132.3 m125.4 m

Cash From Operating Activities

136.2 m145.1 m135.7 m147.6 m

Cash From Investing Activities

30.7 m31.7 m(379.1 m)2 m

Long-term Borrowings

120 m

Cash From Financing Activities

(166.7 m)(170.5 m)225.9 m(162.6 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(32.4 m)(33.3 m)(13.9 m)(48.6 m)(84.8 m)1.9 m11.1 m14 m(486 k)

Depreciation and Amortization

68.4 m100.6 m31.4 m65.5 m99.3 m31.4 m62.7 m93.6 m29.6 m

Cash From Operating Activities

83.8 m98.5 m26.9 m62.9 m91 m44.5 m80.3 m104.2 m38.7 m

Cash From Investing Activities

(39.3 m)65.1 m(337 m)(367.9 m)(356 m)70.8 m88.8 m67.9 m(7.5 m)

Cash From Financing Activities

(47.9 m)(146.5 m)307.1 m295.9 m246.7 m(107.6 m)(175.1 m)(169.5 m)(22.3 m)
USDY, 2017

Revenue/Employee

257.2 k

Financial Leverage

3.1 x

Pennsylvania Real Estate Investment Trust Market Value History

Traffic Overview of Pennsylvania Real Estate Investment Trust

Pennsylvania Real Estate Investment Trust Online and Social Media Presence

Pennsylvania Real Estate Investment Trust News and Updates

BRIEF-Pennsylvania REIT says to market Beaver Valley mall for sale

July 18 (Reuters) - Pennsylvania Real Estate Investment Trust

BRIEF-Pennsylvania Real Estate Investment Trust says extends term loan

July 13 (Reuters) - Pennsylvania Real Estate Investment Trust

Pennsylvania Real Estate Investment Trust Company Life and Culture

You may also be interested in