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Phillips Edison & Company PECO Texas — Concentration risk (as a percent)

Other geography segments

Florida
11.9%+1.7%
California
11.3%+2.7%

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Other financials

Income statement

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

Balance sheet

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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

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Operating cash flow$118.0M+22.8%
CapEx$13.3M+37.7%
Free cash flow$119.6M+22.7%

Valuation

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Market cap$5.24B+23.7%
Enterprise value$7.68B+16.0%
P/E36.5×-25.1×
P/S+0.9×

Profitability

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

Returns & leverage

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

Where this comes from

Reported directly by Phillips Edison & Company in its filing.

Tagged under the XBRL concept us-gaap:ConcentrationRiskPercentage1.

The source filing: Phillips Edison & Company’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001476204-26-000032

No single tenant comprised 10% or more of our aggregate annualized base rent (“ABR”) as of June 30, 2026. As of June 30, 2026, our wholly-owned real estate investments in Florida, California, and Texas represented 11.8%, 11.3%, and 10.2% of our ABR, respectively. As a result, the geographic concentration of our portfolio makes it particularly susceptible to adverse natural or economic events in the Florida, California, and Texas real estate markets.

Item 1. FINANCIAL STATEMENTS (CONDENSED AND UNAUDITED)

FAQ

What is Phillips Edison & Company's texas — concentration risk (as a percent)?
Phillips Edison & Company (PECO) reported texas — concentration risk (as a percent) of 0.2% in Q2 2026.
What does texas — concentration risk (as a percent) mean?
This metric represents the proportion of the company's total real estate portfolio or net operating income derived from properties located within the state of Texas. It serves as a measure of geographic concentration risk, highlighting the company's exposure to regional economic conditions, local regulatory environments, and specific market demand drivers. Monitoring this percentage helps investors assess the potential impact of localized downturns or growth trends on the overall stability of the investment portfolio.

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