CBL & Associates Properties vs Phillips Edison & Company
Phillips Edison & Company is the larger business, with $727m of revenue in fiscal 2025 against $578m for CBL & Associates Properties (1.3 times as much). CBL & Associates Properties grew faster (12.2% against 9.9%). CBL & Associates Properties kept more of each dollar of sales as profit: a net margin of 23.5% against 15.3%. Phillips Edison & Company carries less debt relative to equity (105.1% against 579.0%).
| Latest fiscal year | CBL & Associates PropertiesCBL, 2025 | Phillips Edison & CompanyPECO, 2025 |
|---|---|---|
| Revenue | $578m | $727m |
| Revenue growth | 12.2% | 9.9% |
| Net income | $136m | $111m |
| Operating margin | — | — |
| Net margin | 23.5% | 15.3% |
| Return on equity | 38.9% | 4.8% |
| Free cash flow | $250m | — |
| Cash | $42.3m | $3.5m |
| Total debt | $2.17bn | $2.40bn |
| Debt to equity | 579.0% | 105.1% |
| Dividend per share | — | $1.25 |
| Dividend yield | 4.2% | 3.0% |
| Share buybacks | $18.1m | — |
| Employees | — | 320 |
| Market value | $1.53bn | $5.58bn |
| Price vs our value range | — | — |
| Moat score | 71 (Strong) | 37 (Weak) |
| Insider trades, 12 months | 2 buys, 16 sales | 0 buys, 0 sales |