Phillips Edison & Company, Inc. (PECO)

34.56 0.53 (1.56%)

As of 2025-10-16 18:40:09 EST

Phillips Edison & Company is an American REIT that owns and develops shopping centers throughout the United States. Founded in 1991, the company is headquartered in Sycamore Township, Ohio, and has offices in Salt Lake City, Utah, New York City, New York and Atlanta, Georgia. The company wholly owns 268 shopping centers and has partial ownership interest in 21 other facilities in a combined 31 states. Its largest tenants by square footage leases included: Publix, Kroger, Albertsons, and Walmart.

Traded asNasdaq: PECO
ISINUS71844V2016
CIK0001476204
LEI
EIN271106076
SectorReal Estate Investment Trust
IndustryReal Estate Investment Trusts
CEOJeffery Edison
Employees290
Fiscal Year End1231
Address11501 NORTHLAKE DRIVE, CINCINNATI, OH, 45249
Phone513-554-1110
Websitehttp://phillipsedison.com/
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
PECOPhillips Edison & Company, Inc.2025-10-16 18:40:0934.560.531.56
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
PECO0001476204Phillips Edison & Company, Inc.US71844V2016271106076Nasdaq6798Real Estate Investment Trusts1231MD11501 NORTHLAKE DRIVECINCINNATIOH45249UNITED STATESUS513-554-111011501 NORTHLAKE DRIVE, CINCINNATI, OH, 4524911501 NORTHLAKE DRIVE, CINCINNATI, OH, 45249PHILLIPS EDISON GROCERY CENTER REIT I, INC.Real Estate Investment Trust1991Jeffery Edison290http://phillipsedison.com/4,000,000,000181,308,000125,600,000Phillips Edison & Company is an American REIT that owns and develops shopping centers throughout the United States. Founded in 1991, the company is headquartered in Sycamore Township, Ohio, and has offices in Salt Lake City, Utah, New York City, New York and Atlanta, Georgia. The company wholly owns 268 shopping centers and has partial ownership interest in 21 other facilities in a combined 31 states. Its largest tenants by square footage leases included: Publix, Kroger, Albertsons, and Walmart.2025-10-10 20:12:41
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PECO Stock Price (End-of-Day)
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PECO Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
20244,000,000,00000125,200,0003,000,0002.455
20234,000,000,000100,000,0002.5641122,200,0004,900,0004.1773
20223,900,000,0003,900,000,000100117,300,0003,900,0003.4392
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Robert F. MyersChief Operating Officer, Executive Vice President2021489,246220,5002,440,283514,50083,6193,748,148
John P. CaulfieldChief Financial Officer, Treasurer, Executive Vice President2021357,415108,9001,298,947254,10043,8662,063,228
Jeffrey S. EdisonChief Executive Officer, Chairman Of The Board2021846,731562,5005,802,3451,312,500282,9688,807,044
Devin I. MurphyPresident2021489,246661,5003,194,94573,50094,3684,513,559
Tanya E. BradySecretary, Executive Vice President, General Counsel2021364,43878,7501,141,150183,75037,3751,805,463
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Employee Count
Fiscal YearEmployee Count
2024300
2023290
2022290
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Income Statements
Fiscal Year202420232022
Revenue661,392,000610,124,000575,372,000
Cost Of Revenue
Gross Profit
Research And Development Expenses
General And Administrative Expenses45,611,00044,366,00045,235,000
Operating Expenses488,944,000455,928,000445,004,000
Operating Income
Net Income62,685,00056,848,00048,323,000
Earnings Per Share Basic0.510.480.42
Earnings Per Share Diluted0.510.480.42
Weighted Average Shares Outstanding Basic122,722,000118,278,000115,403,000
Weighted Average Shares Outstanding Diluted136,821,000132,970,000130,332,000
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Balance Sheet Statements
Fiscal Year202420232022
Cash And Cash Equivalents4,881,0004,872,0005,478,000
Marketable Securities Current
Accounts Receivable46,099,00044,548,00037,274,000
Inventories
Non Trade Receivables
Other Assets Current
Total Assets Current
Marketable Securities Non Current
Property Plant And Equipment
Other Assets Non Current
Total Assets Non Current
Total Assets5,046,223,0004,865,666,0004,735,492,000
Accounts Payable
Deferred Revenue
Short Term Debt37,637,00028,123,00047,278,000
Other Liabilities Current
Total Liabilities Current
Long Term Debt2,109,543,0001,969,272,0001,896,594,000
Other Liabilities Non Current
Total Liabilities Non Current
Total Liabilities2,412,238,0002,212,315,0002,138,059,000
Common Stock1,251,0001,220,0001,171,000
Retained Earnings-1,332,435,000-1,248,273,000-1,169,665,000
Accumulated Other Comprehensive Income4,305,00010,523,00021,003,000
Total Shareholders Equity2,319,922,0002,310,308,0002,236,487,000
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Cash Flow Statements
Fiscal Year202420232022
Depreciation And Amortization253,016,000236,443,000236,224,000
Share Based Compensation Expense9,697,0006,866,00015,406,000
Other Non Cash Income Expense529,0001,018,000107,000
Change In Accounts Receivable
Change In Inventories
Change In Non Trade Receivables
Change In Other Assets
Change In Accounts Payable26,364,0002,112,0009,955,000
Change In Other Liabilities
Cash From Operating Activities334,710,000290,968,000290,890,000
Purchases Of Marketable Securities4,081,00003,000,000
Sales Of Marketable Securities5,848,000400,000
Acquisition Of Property Plant And Equipment
Acquisition Of Business
Other Investing Activities
Cash From Investing Activities-392,944,000-353,386,000-331,245,000
Tax Withholding For Share Based Compensation
Payments Of Dividends146,847,000135,456,000127,151,000
Issuance Of Common Stock74,545,000149,135,00090,124,000
Repurchase Of Common Stock00
Issuance Of Long Term Debt58,000,0000
Repayment Of Long Term Debt408,466,000101,504,00081,920,000
Other Financing Activities00
Cash From Financing Activities58,005,00053,947,000-57,825,000
Change In Cash-229,000-8,471,000-98,180,000
Cash At End Of Period4,881,0004,872,0005,478,000
Income Taxes Paid922,000689,000194,000
Interest Paid75,042,00076,479,00065,096,000
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Key Metrics
Fiscal Year202420232022
Earnings Per Share0.510.480.42
Price To Earnings Ratio73.4517675.8095
Earnings Growth Rate6.2514.2857180
Price Earnings To Growth Ratio11.75225.320.4212
Book Value Per Share21.46322.433222.5075
Price To Book Ratio1.74531.62621.4146
Ebitda413,613,000378,212,000355,937,000
Enterprise Value6,739,465,1206,307,304,4405,612,825,520
Dividend Yield0.03190.03140.0346
Dividend Payout Ratio2.34262.38282.6313
Debt To Equity Ratio0.92550.86460.8692
Capital Expenditures
Free Cash Flow
Return On Equity0.0270.02460.0216
One Year Beta0.46140.9290.702
Three Year Beta0.69860.73820.6921
Five Year Beta0.69240.73820.6921
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Edison JeffreyDirector, Chairman and CEO2025-09-023,556A2,008,479
Edison JeffreyDirector, Chairman and CEO2025-09-021,999,800D8,679
Edison JeffreyDirector, Chairman and CEO2025-09-021,999,800A1,999,800
Edison JeffreyDirector, Chairman and CEO2025-09-0220,200D458,893
Edison JeffreyDirector, Chairman and CEO2025-09-0220,200A2,020,000
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House Trading
Name Of Reporting PersonReport DateStateTransaction TypeTransaction DateOwner TypeAmount
Lisa McClain2025-09-12MI09Sale2025-08-04Spouse$1,001 - $15,000
Lisa McClain2025-08-13MI09Purchase2025-07-16Spouse$1,001 - $15,000
Daniel Goldman2023-08-13NY10Sale2023-07-12$15,001 - $50,000
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Silicon Valley Capital Partners2025-06-3042,5061,21335.042
CREATIVE FINANCIAL DESIGNS INC /ADV2025-06-3015,06043035.0233
Canton Hathaway, LLC2025-06-30220,0006,27435.0653
Arkadios Wealth Advisors2025-06-301,820,67851,97535.0299
DekaBank Deutsche Girozentrale2025-06-30975,00028,24034.5255
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
BNY MELLON INDEX FUNDS, INC.2025-07-31Class IDISIX78,1202,639,674.80.3145
BNY MELLON INDEX FUNDS, INC.2025-07-31Investor SharesDISSX78,1202,639,674.80.3145
BNY Mellon ETF Trust2025-07-31BNY Mellon US Small Cap Core Equity ETFBKSE4,007135,396.530.2123
Morningstar Funds Trust2025-07-31InstitutionalMSTMX85,00085,492.930.0459
WILMINGTON FUNDS2025-07-31Class I SharesWMRIX10,352349,794.080.0862
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