Phillips Edison & Co. (PECO) vs Sabra Health Care REIT, Inc. (SBRA)
A side-by-side comparison of Phillips Edison & Co. and Sabra Health Care REIT, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — PECO vs SBRA
growth of $100 · dividends reinvested · last 6yPECO vs SBRA: by the numbers
- •SBRA is the larger company ($4.82B vs $4.82B market cap).
- •PECO converts more revenue to profit (19.13% vs 7.61% net margin).
- •SBRA grew revenue faster over the past five years (14.13% vs 8.01% CAGR).
- •SBRA pays the higher dividend yield (6.29% vs 3.48%).
Metrics side by side
Valuation
| Metric | PECO | SBRA |
|---|---|---|
| P/E ratio | 32.64 | 72.87 |
| Forward P/E | 43.63 | 40.64 |
| PEG ratio | 0.42 | N/A |
| P/S ratio | 6.42 | 5.61 |
| P/B ratio | 2.03 | 1.75 |
| EV / EBITDA | 15.41 | 23.25 |
| FCF yield | 4.93% | 7.18% |
For REITs like Phillips Edison & Co., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
For REITs like Sabra Health Care REIT, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
Profitability
| Metric | PECO | SBRA |
|---|---|---|
| Gross margin | -1.39% | 72.58% |
| Operating margin | 29.03% | 34.06% |
| Net margin | 19.13% | 7.61% |
| ROE | 6.05% | 2.38% |
| ROIC | 4.14% | 1.85% |
Dividends
| Metric | PECO | SBRA |
|---|---|---|
| Dividend yield | 3.48% | 6.29% |
| Payout ratio | 113.59% | 457.32% |
Phillips Edison & Co.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Sabra Health Care REIT, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Growth (annualized)
| Metric | PECO | SBRA |
|---|---|---|
| Revenue CAGR (5Y) | 8.01% | 14.13% |
| EPS CAGR (5Y) | 78.78% | -0.91% |
| FCF CAGR (5Y) | 5.16% | 1.93% |
| Total return CAGR (5Y) | 7.30% | 14.18% |
Frequently asked
- Which has grown faster, PECO or SBRA?
- Over the past five years, SBRA grew revenue faster — PECO at a 8.01% CAGR versus SBRA at 14.13%.
- Does PECO or SBRA pay a bigger dividend?
- PECO yields 3.48% and SBRA yields 6.29% based on trailing dividends and the latest price.
- Is PECO or SBRA more profitable?
- PECO runs the higher net margin — PECO at 19.13% versus SBRA at 7.61%.
- How have PECO and SBRA total returns compared?
- Over the past 5 years, PECO delivered 7.30% and SBRA delivered 14.18% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Phillips Edison & Sabra Health Care REIT appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.