Phillips Edison (PECO) vs Rayonier REIT (RYN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Phillips Edison (PECO) has outperformed Rayonier REIT (RYN) over the past year, gaining 11.0% versus a loss of 30.2%. Over five years, PECO leads with a +19.0% price change compared with -50.0% for RYN. Rayonier REIT is the larger company by market cap ($5.57 billion vs $5.29 billion), about 1.1 times the size, while Phillips Edison is growing revenue faster (+9.9% vs -51.0%).
On valuation, Rayonier REIT trades at a lower forward P/E (29.8x vs 55.1x for Phillips Edison). Rayonier REIT offers the higher dividend yield (5.73% vs 3.44%). Rayonier REIT converts more of its revenue into profit, with a net margin of 97.9% versus 15.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | PECO | RYN |
|---|---|---|
| Share price | $37.39 | $18.60 |
| Market cap | $5.29B | $5.57B |
| 1-day change | +0.92% | +3.39% |
| YTD return | +5.12% | -14.09% |
| 1-year return | +11.05% | -30.23% |
| 5-year return | +18.96% | -49.96% |
| P/E ratio (TTM) | 32.51 | 40.43 |
| Forward P/E | 55.14 | 29.80 |
| EPS (TTM) | $1.15 | $0.46 |
| Dividend yield | 3.44% | 5.73% |
| Annual dividend | $1.29 | $1.07 |
| Revenue (latest FY) | $726.59M | $484.49M |
| Revenue growth (YoY) | +9.86% | -50.96% |
| Net income (latest FY) | $111.30M | $474.38M |
| Gross margin | — | 32.46% |
| Operating margin | — | 17.20% |
| Net margin | 15.32% | 97.91% |
| 52-week high | $44.38 | $26.45 |
| 52-week low | $32.98 | $17.71 |
| Distance from 52-week high | -15.74% | -29.68% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +16.66% | +36.18% |
| Average volume | 963.60K | 3.32M |
| Shares outstanding | 128.70M | 297.57M |
| Employees | 320 | 285 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- PECO has outperformed RYN by 41.3 percentage points over the past year.
- Rayonier REIT offers a meaningfully higher dividend yield (5.73% vs 3.44%).
- Rayonier REIT is more profitable, keeping 97.9 cents of every revenue dollar as net income versus 15.3 cents for Phillips Edison.
- Phillips Edison grew revenue faster in its latest fiscal year (+9.86% vs -50.96%).
About Phillips Edison
PECO stock →Phillips Edison & Company, Inc. (PECO) is one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers.
Real Estate · Real Estate Investment Trusts · 320 employees
About Rayonier REIT
RYN stock →Rayonier Inc. is a land resources real estate investment trust (REIT) with a portfolio comprising over four million acres in the U.S.
Real Estate · Real Estate Investment Trusts · 285 employees
PECO vs RYN FAQ
Which is bigger, Phillips Edison or Rayonier REIT?
Rayonier REIT (RYN) is larger, with a market capitalization of $5.57B compared with $5.29B for Phillips Edison (PECO).
Which stock has performed better over the past year, PECO or RYN?
PECO returned +11.05% over the past 12 months, compared with -30.23% for RYN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PECO or RYN?
PECO has the lower trailing P/E at 32.5, versus 40.4 for RYN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Phillips Edison or Rayonier REIT?
Rayonier REIT has the higher yield at 5.73%, compared with 3.44% for Phillips Edison.
Are Phillips Edison and Rayonier REIT in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.