PRET · Pennsylvania Real Estate Investment Trust - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $296.03M | $296.43M | $261.82M | $336.79M | $362.40M | $367.49M |
| Cost of Revenue | - | - | - | - | $156.22M | - |
| Gross Profit | - | - | - | - | $206.18M | - |
| R&D | - | - | - | - | - | - |
| SG&A | $43.76M | $49.57M | $50.27M | $46.01M | $38.34M | $36.74M |
| Total Operating Expenses | $474.47M | $428.73M | $385.94M | $364.11M | $321.21M | $355.73M |
| D&A | $113.08M | $117.99M | $126.36M | $137.78M | $133.12M | $128.82M |
| Operating Income | - | ($132.30M) | ($124.11M) | ($27.32M) | ($150.28M) | ($54.66M) |
| Interest Expense | $141.76M | $128.03M | $84.34M | $63.99M | $61.35M | $58.43M |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | ($148.32M) | ($132.74M) | ($259.52M) | ($10.87M) | ($110.33M) | ($29.34M) |
| EPS - Basic | ($30.56) | - | - | - | - | - |
| EPS - Diluted | ($30.56) | - | - | - | - | - |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $22.94M | $43.85M | $43.31M | $12.21M | $18.08M | $15.35M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $1.80B | $2.05B | $2.18B | $2.35B | $2.41B | $2.59B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $1.93B | $2.04B | $2.05B | $1.92B | $1.86B | $1.83B |
| Stockholders' Equity | ($113.23M) | $16.16M | $131.21M | $423.68M | $440.78M | $624.04M |
| Retained Earnings | - | - | - | - | - | - |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $69.27M | $68.98M | $5.87M | $111.39M | $134.86M | $136.41M |
| Investing Cash Flow | $68.15M | ($21.71M) | ($77.35M) | ($131.35M) | ($41.57M) | ($98.28M) |
| Financing Cash Flow | ($160.81M) | ($40.42M) | $103.08M | $7.14M | ($94.81M) | ($32.59M) |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | 56.9% | - |
| Operating margin | - | -44.6% | -47.4% | -8.1% | -41.5% | -14.9% |
| EBITDA margin | - | -4.8% | 0.9% | 32.8% | -4.7% | 20.2% |
| Net margin | -50.1% | -44.8% | -99.1% | -3.2% | -30.4% | -8.0% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 14.8% | 16.7% | 19.2% | 13.7% | 10.6% | 10.0% |
| Effective tax rate | - | - | - | - | - | - |
| Return on assets | -8.2% | -6.5% | -11.9% | -0.5% | -4.6% | -1.1% |
| Return on equity | 131.0% | -821.3% | -197.8% | -2.6% | -25.0% | -4.7% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | -1.0x | -1.5x | -0.4x | -2.4x | -0.9x |
| Equity multiplier | -15.93 | 126.95 | 16.59 | 5.55 | 5.46 | 4.15 |
| Liabilities / Assets | 1.07 | 1.00 | 0.94 | 0.82 | 0.77 | 0.71 |
| Efficiency | ||||||
| Asset turnover | 0.16 | 0.14 | 0.12 | 0.14 | 0.15 | 0.14 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -0.1% | 13.2% | -22.3% | -7.1% | -1.4% | -8.1% |
| Revenue CAGR (3y) | -4.2% | -6.5% | -10.7% | -5.6% | -5.2% | -5.3% |
| Revenue CAGR (5y) | -4.2% | -5.8% | -9.3% | -4.9% | -3.7% | -3.0% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | - | -6.6% | -354.4% | 81.8% | -174.9% | -0.1% |
| Net income growth (YoY) | -11.7% | 48.9% | -2287.0% | 90.1% | -276.0% | -158.6% |
| EPS growth (YoY) | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | - | -87.7% | -69.0% | -3.9% | -29.4% | 12.4% |
Stability scores
Piotroski F-score
FY 2022 · 9-point quality
4/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Real Estate Investment Trusts
Comparing PENNSYLVANIA REAL ESTATE INVESTMENT TRUST against the 5 most active filers in the same SIC group.