Agree Realty vs Phillips Edison & Company
Agree Realty and Phillips Edison & Company are similar in size: $718m and $727m of revenue in their latest fiscal years. Agree Realty grew faster (16.4% against 9.9%). Agree Realty kept more of each dollar of sales as profit: a net margin of 28.4% against 15.3%. Agree Realty carries less debt relative to equity (53.0% against 105.1%).
| Latest fiscal year | Agree RealtyADC, 2025 | Phillips Edison & CompanyPECO, 2025 |
|---|---|---|
| Revenue | $718m | $727m |
| Revenue growth | 16.4% | 9.9% |
| Net income | $204m | $111m |
| Operating margin | 47.4% | — |
| Net margin | 28.4% | 15.3% |
| Return on equity | 3.5% | 4.8% |
| Free cash flow | $504m | — |
| Cash | $16.3m | $3.5m |
| Total debt | $3.32bn | $2.40bn |
| Debt to equity | 53.0% | 105.1% |
| Dividend per share | $3.08 | $1.25 |
| Dividend yield | 4.3% | 3.0% |
| Share buybacks | $3.7m | — |
| Employees | 90 | 320 |
| Market value | $8.94bn | $5.58bn |
| Price vs our value range | — | — |
| Moat score | 41 (Weak) | 37 (Weak) |
| Insider trades, 12 months | 14 buys, 0 sales | 0 buys, 0 sales |