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.
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
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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
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Pennsylvania Real Estate Investment Trust Financials and Metrics

Pennsylvania Real Estate Investment Trust Financials

Pennsylvania Real Estate Investment Trust's revenue was reported to be $399.95 m in FY, 2016 which is a 6% decrease from the previous period.
USD

Revenue (Q1, 2018)

86.3 m

Net income (Q1, 2018)

(3.7 m)

Market capitalization (23-May-2018)

725.4 m

Closing share price (23-May-2018)

10.3

Cash (31-Mar-2018)

89.2 m

EV

1.2 b
Pennsylvania Real Estate Investment Trust's current market capitalization is $725.4 m.
Annual
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

35.3 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

111.5 m109.4 m106.8 m105.1 m100.1 m101.7 m107 m102 m94.3 m98.9 m89.3 m89.3 m86.3 m

General and administrative expense

8.1 m9.1 m8.8 m8.4 m8.9 m9.1 m7.6 m8.6 m8.9 m8.2 m9 m9.2 m10.1 m

Operating expense total

(48.7 m)(51.7 m)(44.4 m)(42.9 m)8.9 m9.1 m7.6 m8.6 m8.9 m8.2 m9 m9.2 m10.1 m

Depreciation and amortization

(34 m)
Annual
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

Accounts Receivable

Inventories

Total Assets

2.7 b2.5 b2.8 b2.6 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

24.9 m32.6 m30.7 m51.4 m37.5 m31.3 m22.1 m30.5 m16.8 m25.4 m18.7 m19 m89.2 m

Total Assets

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

Long-term debt

130 m130 m130 m250 m400 m400 m398.2 m396.7 m396.9 m397.2 m547.4 m547.9 m

Total Debt

130 m130 m130 m250 m400 m400 m398.2 m396.7 m396.9 m397.2 m547.4 m547.9 m
Annual
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
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

29.4 m(8.4 m)(32.4 m)(33.3 m)(13.9 m)(48.6 m)(84.8 m)1.9 m11.1 m14 m(486 k)(53.8 m)(3.7 m)

Depreciation and Amortization

99.2 m33.8 m68.4 m100.6 m31.4 m65.5 m99.3 m31.4 m62.7 m93.6 m29.6 m60.1 m34.7 m

Cash From Operating Activities

84.5 m30 m83.8 m98.5 m26.9 m62.9 m91 m44.5 m80.3 m104.2 m38.7 m70 m31 m

Cash From Investing Activities

61.2 m(30.6 m)(39.3 m)65.1 m(337 m)(367.9 m)(356 m)70.8 m88.8 m67.9 m(7.5 m)(78.3 m)110 m
USDY, 2018

EV/CFO

38.2 x

Financial Leverage

3.4 x
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