Skip to content
Phillips Edison & Company logo

Phillips Edison & Company

PECO

Phillips Edison & Company, Inc. is a leading real estate investment trust (REIT) specializing in the ownership and operation of omni-channel grocery-anchored shopping centers.

Market cap
$5.48B+26.7%
Revenue$750.9M+8.1%
Net income$143.7M+109%
Free cash flow$348.3M+5.5%
EPS (diluted)$1.15+109%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 22, 2026 (in 3 months)
Revenue estimate$190.8M
EPS estimate$0.19

Financials

Q2 2026

Income statement

See full
Revenue$189.6M+6.7%
Net income$41.1M+222%
EPS (diluted)$0.33+230%

Balance sheet

See full
Cash & equivalents$7.1M+27.6%
Total debt$2.5B+2.4%
Total equity$2.4B+3.7%
Total assets$5.4B+3.3%

Cash flow

See full
Operating cash flow$118.0M+22.8%
Free cash flow$119.6M+22.7%

Valuation & ratios

Valuation

See full
Market cap$5.48B+26.7%
Enterprise value$7.92B+16.5%
P/E38.1×-26.0×
P/S7.3×+0.9×

Profitability

See full
Net margin19.1%+9.2pp
FCF margin46.4%-1.1pp

Returns & leverage

See full
Return on equity6.2%+3.1pp
Debt / equity0.0×

Competitors

Profile

Phillips Edison & Company, Inc. is a leading real estate investment trust (REIT) specializing in the ownership and operation of omni-channel grocery-anchored shopping centers. The company focuses on necessity-based retail locations in suburban markets, leveraging high-traffic grocery anchors to drive demand for its inline tenant spaces. Beyond its core portfolio, it operates an integrated investment management platform that provides property and advisory services for institutional joint ventures.

Competitive position

One of the nation's largest owners and operators of grocery-anchored shopping centers with a portfolio focused on top-tier grocers in suburban markets.

GeographiesUnited States
Customer segmentsRetailers, Institutional Investors, Grocery Operators
Business modelLeasing and Rental, Property Management, Equity Investment
SuppliersReal Estate Developers, Capital Markets, Construction Contractors, Municipal Planning Authorities
CustomersGrocery Chains, Necessity-Based Retailers, Service Providers, Local Consumers
Listed2016
Employees290.0
CEOJeffrey S. Edison
FilingsSEC EDGAR

Questions, answered.

What is Phillips Edison & Company's market cap?
Phillips Edison & Company (PECO) has a market capitalization of $5.5B and trades on NASDAQ.
What is Phillips Edison & Company's revenue and profitability?
Phillips Edison & Company generated $750.9M in trailing twelve-month revenue with net income of $143.7M, representing a net margin of 19.1%, with free cash flow of $348.3M. These figures are based on the Q2 2026 filing.
Who are Phillips Edison & Company's competitors?
Phillips Edison & Company's key competitors include Kimco Realty Corporation, Regency Centers Corporation, Brixmor Property Group Inc., and others. These companies compete in similar markets and product categories.
Who does Phillips Edison & Company partner with?
Phillips Edison & Company's notable partners include The Northwestern Mutual Life Insurance Company, Cohen & Steers Income Opportunities REIT, Inc., Lafayette Square USA, Inc..
What subsidiaries does Phillips Edison & Company have?
Phillips Edison & Company's subsidiaries include Phillips Edison Grocery Center Operating Partnership I, L.P., Phillips Edison Grocery Center OP GP I LLC.
Where is Phillips Edison & Company headquartered?
Phillips Edison & Company is headquartered in United States of America and employs approximately 290 people. It has been publicly traded since 2016.