Brixmor Property Group Inc. (BRX) vs Realty Income Corporation (O)

Brixmor Property Group Inc. and Realty Income Corporation are both Reit Retail companies. Realty Income Corporation is the larger, with a market value of $56.6B against $9.2B — 6.2× the size. Brixmor Property Group Inc. trades at the lower P/E: 21.4× against 40.2×. Realty Income Corporation grew revenue faster over the last twelve months: 10.8% against 5.65%. Brixmor Property Group Inc. has the higher net margin (30.0% vs 21.9%) and the higher return on invested capital (4.02% vs 1.16%). Both pay a dividend; Realty Income Corporation yields more (5.47% vs 4.12%). Across the 22 metrics below, Brixmor Property Group Inc. leads on 14 and Realty Income Corporation on 8.

Valuation

Metric BRX O Reit Retail median
P/E 21.37 40.19 24.06
P/S 6.45 9.03 7.25
P/B 3.04 1.32 1.77
Price to free cash flow 22.38 n/m 17.80
EV/EBITDA 15.26 20.87 15.96
EV/Sales 10.05 13.22 10.99
Earnings yield 4.68% 2.49% 4.16%
Free cash flow yield 4.47% (3.51%) 3.05%

Profitability

Metric BRX O Reit Retail median
Gross margin 75.28% 92.59% 71.84%
Operating margin 36.77% 20.48% 36.94%
Net margin 29.96% 21.85% 29.40%
Free cash flow margin 28.81% (31.73%) 21.18%
Return on equity 14.25% 3.31% 7.18%
Return on assets 4.72% 1.82% 3.65%
Return on invested capital 4.02% 1.16% 3.22%

Growth

Metric BRX O Reit Retail median
Revenue growth (TTM) 5.65% 10.79% 8.64%
EPS growth (last fiscal year) 12.61% 19.39% 16.00%
Revenue growth, 5-year CAGR 5.42% 28.40% 8.62%
Net income growth, 5-year CAGR 26.18% 21.76% 1.85%

Health

Metric BRX O Reit Retail median
Debt to equity 1.76 0.74 0.88
Current ratio 0.81 6.04 1.24
Net debt to EBITDA 5.77 7.98 5.40

Dividend

Metric BRX O Reit Retail median
Dividend yield 4.12% 5.47% 4.14%
Payout ratio 0.89 2.20 1.07

Size

Metric BRX O Reit Retail median
Market cap 9.19b 56.58b 4.04b

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