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EQUITY ONE, INC.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q4 FY2016 10-K, filed Feb 28, 2017. Its latest SEC filing is a 15-12B from Mar 13, 2017.

The sections below describe the company as of the Q4 FY2016 annual report.

What Did They Do?

Owns, manages, develops and redevelops shopping centers and retail properties, leasing space to national, regional and local tenants.

How Did They Make Money?

The company earns rent from tenants across lease terms, plus sales-based rent and reimbursements for property costs; it also earns fees for managing, leasing and investing for joint ventures as it provides those services.

FY2016 revenue

Who Were Their Customers?

Retail and service businesses rent space in its shopping centers; joint ventures engage it for asset, property, leasing and investing services.

Did Revenues Turn Into Profits?

Yes. It kept 19 cents of every revenue dollar as net income in FY2016.

Operating income, FY2016
37% of revenue
▲ +1% vs FY2015 ($137.3M, 38%)
Net income, FY2016
19% of revenue
▲ +11% vs FY2015 ($65.5M, 18%)

How Were They Changing?

Since the Q4 FY2016 annual report
  • Mar 1, 2017 Equity One merged into Regency Centers Regency set 2017 combined-portfolio same-property NOI growth guidance at 3.0% to 3.8%.

Grew. Revenue grew 33% in 4 years, from $282.1M in FY2012 to $375.3M in FY2016, about 7% a year.

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