vs

Side-by-side financial comparison of Phillips Edison & Company, Inc. (PECO) and Tilray Brands, Inc. (TLRY). Click either name above to swap in a different company.

Tilray Brands, Inc. is the larger business by last-quarter revenue ($217.5M vs $190.7M, roughly 1.1× Phillips Edison & Company, Inc.). Phillips Edison & Company, Inc. runs the higher net margin — 17.4% vs -20.7%, a 38.1% gap on every dollar of revenue. On growth, Phillips Edison & Company, Inc. posted the faster year-over-year revenue change (7.0% vs 3.1%). Over the past eight quarters, Phillips Edison & Company, Inc.'s revenue compounded faster (8.7% CAGR vs 7.5%).

Consolidated Edison, Inc., commonly known as Con Edison or ConEd, is an energy company based in New York City. It is one of the largest investor-owned energy companies in the United States, with approximately $15.26 billion in annual revenues as of 2024, and over $70 billion in assets. The company provides a wide range of energy-related products and services to its customers through its subsidiaries:Consolidated Edison Company of New York, Inc. (CECONY), a regulated utility providing electric...

Tilray Brands, Inc. is an American pharmaceutical, cannabis-lifestyle and consumer packaged goods company, incorporated in the United States, headquartered in New York City. Tilray also has operations in Canada, Australia, New Zealand, and Latin America, with growing facilities in Germany and Portugal.

PECO vs TLRY — Head-to-Head

Bigger by revenue
TLRY
TLRY
1.1× larger
TLRY
$217.5M
$190.7M
PECO
Growing faster (revenue YoY)
PECO
PECO
+3.9% gap
PECO
7.0%
3.1%
TLRY
Higher net margin
PECO
PECO
38.1% more per $
PECO
17.4%
-20.7%
TLRY
Faster 2-yr revenue CAGR
PECO
PECO
Annualised
PECO
8.7%
7.5%
TLRY

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
PECO
PECO
TLRY
TLRY
Revenue
$190.7M
$217.5M
Net Profit
$33.2M
$-44.9M
Gross Margin
26.4%
Operating Margin
30.5%
-10.2%
Net Margin
17.4%
-20.7%
Revenue YoY
7.0%
3.1%
Net Profit YoY
15.1%
47.4%
EPS (diluted)
$0.24
$-0.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PECO
PECO
TLRY
TLRY
Q1 26
$190.7M
Q4 25
$187.9M
$217.5M
Q3 25
$182.7M
$209.5M
Q2 25
$177.8M
$224.5M
Q1 25
$178.3M
$185.8M
Q4 24
$173.0M
$210.9M
Q3 24
$165.5M
$200.0M
Q2 24
$161.5M
$229.9M
Net Profit
PECO
PECO
TLRY
TLRY
Q1 26
$33.2M
Q4 25
$47.5M
$-44.9M
Q3 25
$24.7M
$-322.0K
Q2 25
$12.8M
$-1.3B
Q1 25
$26.3M
$-789.4M
Q4 24
$18.1M
$-85.3M
Q3 24
$11.6M
$-39.2M
Q2 24
$15.3M
$-31.7M
Gross Margin
PECO
PECO
TLRY
TLRY
Q1 26
Q4 25
26.4%
Q3 25
27.4%
Q2 25
30.1%
Q1 25
28.0%
Q4 24
29.0%
Q3 24
29.8%
Q2 24
35.8%
Operating Margin
PECO
PECO
TLRY
TLRY
Q1 26
30.5%
Q4 25
-10.2%
Q3 25
1.0%
Q2 25
-643.1%
Q1 25
-409.0%
Q4 24
-20.0%
Q3 24
-18.3%
Q2 24
-7.2%
Net Margin
PECO
PECO
TLRY
TLRY
Q1 26
17.4%
Q4 25
25.3%
-20.7%
Q3 25
13.5%
-0.2%
Q2 25
7.2%
-566.9%
Q1 25
14.8%
-424.9%
Q4 24
10.5%
-40.5%
Q3 24
7.0%
-19.6%
Q2 24
9.5%
-13.8%
EPS (diluted)
PECO
PECO
TLRY
TLRY
Q1 26
$0.24
Q4 25
$0.38
$-0.41
Q3 25
$0.20
$0.00
Q2 25
$0.10
$7.26
Q1 25
$0.21
$-8.69
Q4 24
$0.16
$-0.99
Q3 24
$0.09
$-0.04
Q2 24
$0.12
$-0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PECO
PECO
TLRY
TLRY
Cash + ST InvestmentsLiquidity on hand
$3.1M
$291.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.3B
$1.6B
Total Assets
$5.4B
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PECO
PECO
TLRY
TLRY
Q1 26
$3.1M
Q4 25
$3.5M
$291.6M
Q3 25
$4.1M
$264.8M
Q2 25
$5.6M
$256.4M
Q1 25
$5.5M
Q4 24
$4.9M
$252.2M
Q3 24
$6.4M
$280.1M
Q2 24
$7.1M
$260.5M
Total Debt
PECO
PECO
TLRY
TLRY
Q1 26
Q4 25
$2.4B
Q3 25
$2.4B
Q2 25
$2.4B
Q1 25
$2.3B
Q4 24
$2.1B
Q3 24
$2.1B
Q2 24
$2.0B
Stockholders' Equity
PECO
PECO
TLRY
TLRY
Q1 26
$2.3B
Q4 25
$2.3B
$1.6B
Q3 25
$2.3B
$1.5B
Q2 25
$2.3B
$1.5B
Q1 25
$2.3B
$2.7B
Q4 24
$2.3B
$3.5B
Q3 24
$2.2B
$3.5B
Q2 24
$2.3B
$3.4B
Total Assets
PECO
PECO
TLRY
TLRY
Q1 26
$5.4B
Q4 25
$5.3B
$2.1B
Q3 25
$5.3B
$2.1B
Q2 25
$5.3B
$2.1B
Q1 25
$5.2B
Q4 24
$5.0B
$4.2B
Q3 24
$5.0B
$4.3B
Q2 24
$4.9B
$4.2B
Debt / Equity
PECO
PECO
TLRY
TLRY
Q1 26
Q4 25
1.04×
Q3 25
1.05×
Q2 25
1.04×
Q1 25
0.99×
Q4 24
0.91×
Q3 24
0.94×
Q2 24
0.90×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PECO
PECO
TLRY
TLRY
Operating Cash FlowLast quarter
$55.6M
$-8.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
12.6%
Cash ConversionOCF / Net Profit
1.67×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PECO
PECO
TLRY
TLRY
Q1 26
$55.6M
Q4 25
$348.1M
$-8.5M
Q3 25
$95.4M
$-1.3M
Q2 25
$96.1M
$-12.8M
Q1 25
$60.5M
$-5.8M
Q4 24
$334.7M
$-40.7M
Q3 24
$109.1M
$-35.3M
Q2 24
$78.5M
$30.7M
Free Cash Flow
PECO
PECO
TLRY
TLRY
Q1 26
Q4 25
Q3 25
Q2 25
$-19.1M
Q1 25
$-20.2M
Q4 24
$-46.2M
Q3 24
$-42.0M
Q2 24
$21.0M
FCF Margin
PECO
PECO
TLRY
TLRY
Q1 26
Q4 25
Q3 25
Q2 25
-8.5%
Q1 25
-10.9%
Q4 24
-21.9%
Q3 24
-21.0%
Q2 24
9.1%
Capex Intensity
PECO
PECO
TLRY
TLRY
Q1 26
12.6%
Q4 25
Q3 25
Q2 25
2.8%
Q1 25
7.8%
Q4 24
2.6%
Q3 24
3.4%
Q2 24
4.2%
Cash Conversion
PECO
PECO
TLRY
TLRY
Q1 26
1.67×
Q4 25
7.33×
Q3 25
3.87×
Q2 25
7.52×
Q1 25
2.30×
Q4 24
18.45×
Q3 24
9.40×
Q2 24
5.14×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PECO
PECO

Rental income$186.3M98%
Fees and management income$3.4M2%

TLRY
TLRY

Adultuse Cannabis Products$62.4M29%
Other$59.2M27%
Beverage Alcohol Business$53.6M25%
International Cannabis Products$20.2M9%
Wellness Business$14.6M7%
Medical Cannabis Products$6.2M3%
Wholesale Cannabis Products$1.3M1%

Related Comparisons