Comprehensive Stock Comparison

Compare InvenTrust Properties Corp. (IVT) vs Phillips Edison & Company, Inc. (PECO) Stock

Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.

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Quick Verdict

CategoryWinnerWhy
GrowthIVT9.2% revenue growth vs PECO's 8.4%
ValuePECOLower P/E (56.4x vs 153.5x)
Quality / MarginsIVT37.3% net margin vs PECO's 9.9%
Stability / SafetyPECOBeta 0.40 vs IVT's 0.54
DividendsPECO2.5% yield; IVT pays no meaningful dividend
Momentum (1Y)PECO+9.0% vs IVT's +8.0%
Efficiency (ROA)IVT4.0% ROA vs PECO's 1.6%, ROIC 1.5% vs 6.7%
Bottom line: PECO leads in 4 of 7 categories, making it the stronger pick for investors who prioritize valuation and capital efficiency and capital preservation and lower volatility. InvenTrust Properties Corp. is the better choice for growth and revenue expansion and profitability and margin quality. As direct sector peers, they can serve as alternatives in the same portfolio allocation.

Who Each Stock Is For

Income & stability

Growth exposure

Long-term compounding (10Y)

Sleep-well-at-night portfolio

Defensive / Recession hedge

Business Model

What each company does and how it makes money

IVTInvenTrust Properties Corp.
Real Estate

InvenTrust Properties Corp. is a retail real estate investment trust that owns and operates grocery-anchored shopping centers primarily in Sun Belt markets. It generates revenue through rental income from tenants—with grocery stores serving as anchor tenants that drive consistent foot traffic—and property management fees. The company's competitive advantage lies in its focus on essential retail properties in high-growth Sun Belt regions, which provides stable occupancy and resilience against e-commerce disruption.

PECOPhillips Edison & Company, Inc.
Real Estate

Phillips Edison & Company is a real estate investment trust that owns and operates grocery-anchored neighborhood shopping centers across the United States. It makes money primarily through collecting rent from retail tenants — with grocery stores serving as anchor tenants that drive consistent foot traffic — and through property management fees. The company's competitive advantage lies in its specialized focus on necessity-based retail properties in strong markets and its vertically-integrated operating platform that allows for efficient portfolio management.

Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

IVTInvenTrust Properties Corp.
FY 2025
Real Estate, Other
100.0%$2M
PECOPhillips Edison & Company, Inc.
FY 2017
Owned Real Estate
97.4%$303M
Investment Management
2.6%$8M

Financial Metrics Comparison

Side-by-side fundamentals across 2 stocks. BestLagging

Financial Scorecard

PECO 3IVT 2
Financial MetricsPECO4/6 metrics
Valuation MetricsTie3/6 metrics
Profitability & EfficiencyIVT5/9 metrics
Total ReturnsPECO4/6 metrics
Risk & VolatilityPECO2/2 metrics
Analyst OutlookIVT1/1 metrics

PECO leads in 3 of 6 categories (Financial Metrics, Total Returns). IVT leads in 2 (Profitability & Efficiency, Analyst Outlook). 1 tied.

Financial Metrics (TTM)

PECO is the larger business by revenue, generating $824M annually — 2.8x IVT's $299M. IVT is the more profitable business, keeping 37.3% of every revenue dollar as net income compared to PECO's 9.9%. On growth, PECO holds the edge at +77.9% YoY revenue growth, suggesting stronger near-term business momentum.

MetricIVTInvenTrust Proper…PECOPhillips Edison &…
RevenueTrailing 12 months$299M$824M
EBITDAEarnings before interest/tax$179M$643M
Net IncomeAfter-tax profit$111M$82M
Free Cash FlowCash after capex$82M$201M
Gross MarginGross profit ÷ Revenue+48.7%+75.1%
Operating MarginEBIT ÷ Revenue+17.1%+47.6%
Net MarginNet income ÷ Revenue+37.3%+9.9%
FCF MarginFCF ÷ Revenue+27.5%+24.4%
Rev. Growth (YoY)Latest quarter vs prior year+9.4%+77.9%
EPS Growth (YoY)Latest quarter vs prior year-73.9%+135.6%
PECO leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

At 22.0x trailing earnings, IVT trades at a 71% valuation discount to PECO's 77.0x P/E. On an enterprise value basis, PECO's 10.6x EV/EBITDA is more attractive than IVT's 18.6x.

MetricIVTInvenTrust Proper…PECOPhillips Edison &…
Market CapShares × price$2.4B$4.9B
Enterprise ValueMkt cap + debt − cash$3.3B$7.0B
Trailing P/EPrice ÷ TTM EPS21.97x77.02x
Forward P/EPrice ÷ next-FY EPS est.153.47x56.44x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple18.60x10.61x
Price / SalesMarket cap ÷ Revenue8.10x7.47x
Price / BookPrice ÷ Book value/share1.36x2.04x
Price / FCFMarket cap ÷ FCF15.60x20.61x
Evenly matched — IVT and PECO each lead in 3 of 6 comparable metrics.

Profitability & Efficiency

IVT delivers a 6.2% return on equity — every $100 of shareholder capital generates $6 in annual profit, vs $3 for PECO. IVT carries lower financial leverage with a 0.54x debt-to-equity ratio, signaling a more conservative balance sheet compared to PECO's 0.80x. On the Piotroski fundamental quality scale (0–9), PECO scores 7/9 vs IVT's 5/9, reflecting strong financial health.

MetricIVTInvenTrust Proper…PECOPhillips Edison &…
ROE (TTM)Return on equity+6.2%+3.2%
ROA (TTM)Return on assets+4.0%+1.6%
ROICReturn on invested capital+1.5%+6.7%
ROCEReturn on capital employed+1.9%+9.1%
Piotroski ScoreFundamental quality 0–957
Debt / EquityFinancial leverage0.54x0.80x
Net DebtTotal debt minus cash$922M$2.1B
Cash & Equiv.Liquid assets$41M$5M
Total DebtShort + long-term debt$963M$2.1B
Interest CoverageEBIT ÷ Interest expense1.49x4.45x
IVT leads this category, winning 5 of 9 comparable metrics.

Total Returns (with DRIP)

A $10,000 investment in PECO five years ago would be worth $77,580 today (with dividends reinvested), compared to $2,556 for IVT. Over the past 12 months, PECO leads with a +9.0% total return vs IVT's +8.0%. The 3-year compound annual growth rate (CAGR) favors IVT at 11.9% vs PECO's 8.0% — a key indicator of consistent wealth creation.

MetricIVTInvenTrust Proper…PECOPhillips Edison &…
YTD ReturnYear-to-date+11.9%+12.0%
1-Year ReturnPast 12 months+8.0%+9.0%
3-Year ReturnCumulative with dividends+40.2%+25.8%
5-Year ReturnCumulative with dividends-74.4%+675.8%
10-Year ReturnCumulative with dividends-68.8%+675.8%
CAGR (3Y)Annualised 3-year return+11.9%+8.0%
PECO leads this category, winning 4 of 6 comparable metrics.

Risk & Volatility

PECO is the less volatile stock with a 0.40 beta — it tends to amplify market swings less than IVT's 0.54 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.

MetricIVTInvenTrust Proper…PECOPhillips Edison &…
Beta (5Y)Sensitivity to S&P 5000.54x0.40x
52-Week HighHighest price in past year$31.91$40.06
52-Week LowLowest price in past year$25.21$32.40
% of 52W HighCurrent price vs 52-week peak+97.8%+98.1%
RSI (14)Momentum oscillator 0–10066.073.7
Avg Volume (50D)Average daily shares traded384K771K
PECO leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Wall Street rates IVT as "Buy" and PECO as "Hold". Consensus price targets imply 5.8% upside for IVT (target: $33) vs 0.3% for PECO (target: $39). PECO is the only dividend payer here at 2.49% yield — a key consideration for income-focused portfolios.

MetricIVTInvenTrust Proper…PECOPhillips Edison &…
Analyst RatingConsensus buy/hold/sellBuyHold
Price TargetConsensus 12-month target$33.00$39.40
# AnalystsCovering analysts413
Dividend YieldAnnual dividend ÷ price+2.5%
Dividend StreakConsecutive years of raises70
Dividend / ShareAnnual DPS$0.98
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%
IVT leads this category, winning 1 of 1 comparable metric.

Historical Charts

Charts are rendered on first load. Hover for details.

Chart 1Total Return — 5 Years (Rebased to 100)

StockMar 21Feb 26Change
InvenTrust Properti… (IVT)10021.21-78.8%
Phillips Edison & C… (PECO)534.09630.43+18.0%

Phillips Edison & C… (PECO) returned +676% over 5 years vs InvenTrust Properti… (IVT)'s -74%. A $10,000 investment in PECO 5 years ago would be worth $77,580 today (including dividends reinvested).

Chart 2Revenue Growth — 10 Years

Stock20162025Change
InvenTrust Properti… (IVT)$250M$299M+19.8%
Phillips Edison & C… (PECO)$258M$661M+156.6%

InvenTrust Properties Corp.'s revenue grew from $250M (2016) to $299M (2025) — a 2.0% CAGR.

Chart 3Net Margin Trend — 10 Years

Stock20162025Change
InvenTrust Properti… (IVT)101.2%37.2%-63.2%
Phillips Edison & C… (PECO)3.5%9.5%+173.5%

InvenTrust Properties Corp.'s net margin went from 101% (2016) to 37% (2025).

Chart 4P/E Ratio History — 5 Years

Stock20212025Change
InvenTrust Properti… (IVT)30.719.9-35.2%
Phillips Edison & C… (PECO)254.273.5-71.1%

InvenTrust Properties Corp. has traded in a 20x–326x P/E range over 4 years; current trailing P/E is ~22x. Phillips Edison & Company, Inc. has traded in a 74x–254x P/E range over 4 years; current trailing P/E is ~77x.

Chart 5EPS Growth — 10 Years

Stock20162025Change
InvenTrust Properti… (IVT)2.91.42-51.0%
Phillips Edison & C… (PECO)0.150.51+240.0%

InvenTrust Properties Corp.'s EPS grew from $2.90 (2016) to $1.42 (2025) — a -8% CAGR.

Chart 6Free Cash Flow — 5 Years

2021
$71M
$188M
2022
$102M
$186M
2023
$94M
$196M
2024
$101M
$240M
2025
$155M
InvenTrust Properti… (IVT)Phillips Edison & C… (PECO)

InvenTrust Properties Corp. generated $155M FCF in 2025 (+120% vs 2021). Phillips Edison & Company, Inc. generated $240M FCF in 2024 (+28% vs 2021).

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IVT vs PECO: Frequently Asked Questions

9 questions · data-driven answers · updated daily

01

Is IVT or PECO a better buy right now?

InvenTrust Properties Corp. (IVT) offers the better valuation at 22.0x trailing P/E (153.5x forward), making it the more compelling value choice. Analysts rate InvenTrust Properties Corp. (IVT) a "Buy" — based on 4 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — IVT or PECO?

On trailing P/E, InvenTrust Properties Corp. (IVT) is the cheapest at 22.0x versus Phillips Edison & Company, Inc. at 77.0x. On forward P/E, Phillips Edison & Company, Inc. is actually cheaper at 56.4x — notably different from the trailing picture, reflecting expected earnings growth.

03

Which is the better long-term investment — IVT or PECO?

Over the past 5 years, Phillips Edison & Company, Inc. (PECO) delivered a total return of +675.8%, compared to -74.4% for InvenTrust Properties Corp. (IVT). A $10,000 investment in PECO five years ago would be worth approximately $78K today (assuming dividends reinvested). Over 10 years, the gap is even starker: PECO returned +675.8% versus IVT's -68.8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — IVT or PECO?

By beta (market sensitivity over 5 years), Phillips Edison & Company, Inc. (PECO) is the lower-risk stock at 0.40β versus InvenTrust Properties Corp.'s 0.54β — meaning IVT is approximately 35% more volatile than PECO relative to the S&P 500. On balance sheet safety, InvenTrust Properties Corp. (IVT) carries a lower debt/equity ratio of 54% versus 80% for Phillips Edison & Company, Inc. — giving it more financial flexibility in a downturn.

05

Which has better profit margins — IVT or PECO?

InvenTrust Properties Corp. (IVT) is the more profitable company, earning 37.2% net margin versus 9.5% for Phillips Edison & Company, Inc. — meaning it keeps 37.2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: PECO leads at 64.3% versus 17.2% for IVT. At the gross margin level — before operating expenses — PECO leads at 71.2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

06

Is IVT or PECO more undervalued right now?

On forward earnings alone, Phillips Edison & Company, Inc. (PECO) trades at 56.4x forward P/E versus 153.5x for InvenTrust Properties Corp. — 97.0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for IVT: 5.8% to $33.00.

07

Which pays a better dividend — IVT or PECO?

In this comparison, PECO (2.5% yield) pays a dividend. IVT does not pay a meaningful dividend and should not be held primarily for income.

08

Is IVT or PECO better for a retirement portfolio?

For long-horizon retirement investors, Phillips Edison & Company, Inc. (PECO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.40), 2.5% yield, +675.8% 10Y return). Both have compounded well over 10 years (PECO: +675.8%, IVT: -68.8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

09

What are the main differences between IVT and PECO?

Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. PECO pays a dividend while IVT does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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IVT

Quality Mega-Cap Compounder

  • Sector: Real Estate
  • Market Cap > $100B
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PECO

High-Growth Disruptor

  • Sector: Real Estate
  • Market Cap > $100B
  • Revenue Growth > 38%
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Better Than Both

Find stocks that beat IVT and PECO on the metrics you choose

Revenue Growth>
%
(IVT: 9.4% · PECO: 77.9%)
Net Margin>
%
(IVT: 37.3% · PECO: 9.9%)
P/E Ratio<
x
(IVT: 22.0x · PECO: 77.0x)