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PECOPhillips Edison & Co.
$36.72$4.7B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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PECO logo

Phillips Edison & Co.

PECO
NASDAQ · Retail REITs
$36.72
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$4.72B
P/E41.3x
52W High$44.38
Volume1.27M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

FFO Growth Accelerates Amid Data Anomalies

Phillips Edison & Co. demonstrates accelerating FFO growth, with FFO per share up 31.9% YoY in 2026Q2 to $0.86, driven by strong leasing and occupancy gains. However, data anomalies such as a 140.6% NOI margin and negative gross margin in the same quarter warr...

GrowthAccelerating
ProfitabilityStable
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

PECO price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

7/12 Beats

EPS beat 7 of last 12 quarters

02

Valuation risk

+72% Peers

P/E is 72% above peer median

03

Market leadership

RS 39 · Lag

Laggard (Underperforming 61% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Oct 23

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
PECO+6.89%
S&P 500 (^GSPC)+12.39%
1-Year Return
PECO+9.37%
S&P 500 (^GSPC)+15.77%
3-Year Return
PECO+18.76%
S&P 500 (^GSPC)+73.89%
5-Year Return
PECO+42.48%
S&P 500 (^GSPC)+70.70%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
41.3x
Forward P/E
42.7x
EV/EBITDA80th %ile
15.5x
FCF YieldCash Flow
4.5%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
41.3x
75.8x
20th· Low
EV/EBITDA
15.5x
10.9x
80th· High
Price/FCF
22.2x
22.3x
40th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$23.28-36.6%
Base (Fair)$30.87-16.9%
Bull$39.11+6.5%
$23.28 Bear$30.87 Base$39.11 Bull
Current Market Price: $36.72
Trades at a 19.0% premium to Base DCF ($30.87)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$732M+10.7% YoY
Net income
$111M+77.6% YoY
Free cash flow
$212M-11.5% YoY
Operating margin
27.2%-37.2 pts YoY
ROIC (TTM)3%
Avg ROIC 5Y-
ROE (TTM)4.3%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate7/12 (58%)
Revenue Beat Rate8/12 (67%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 23, 2026
$0.33+80.5%
vs $0.18
$184M-1.6%
vs $187M
Q2 2026
Apr 23, 2026
$0.24+39.1%
vs $0.17
$186M+1.4%
vs $184M
Q1 2026
Feb 5, 2026
$0.38+135.3%
vs $0.16
$183M+9.3%
vs $168M
Q4 2025
Oct 23, 2025
$0.20-68.8%
vs $0.64
$294M+60.8%
vs $183M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Zacks Investment Research·18h ago
Why Phillips Edison & Company, Inc. (PECO) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Phillips Edison & Company (PECO) have what it takes?

Zacks Investment Research·6d ago
Why These 4 Retail REITs Merit Attention Even After Fed's Rate Hike

Regency Centers, Phillips Edison, Tanger and Curbline pair tight retail supply with strong leasing demand and liquidity despite higher rates.

Zacks Investment Research·6d ago
After Plunging 5.2% in 4 Weeks, Here's Why the Trend Might Reverse for Phillips Edison & Company (PECO)

Phillips Edison & Company (PECO) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Seeking Alpha·Sep 15, 2026
Phillips Edison & Company, Inc. (PECO) Presents at BofA NY Global Real Estate Conference 2026 Transcript

Phillips Edison & Company, Inc. (PECO) Presents at BofA NY Global Real Estate Conference 2026 Transcript

Filtered for Phillips Edison & Co.More Headlines
04

Compare before deciding

Benchmark PECO against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Phillips Edison & Co. (PECO)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
PECO logoPECOPhillips Edison & Co.Current
$36.72$4.72B41.2610.72%15.2%4.26%3.08%
KIM logoKIMKimco Realty Corporation
$22.22$14.98B26.775.06%27.73%5.76%—
REG logoREGRegency Centers Corporation
$72.73$13.28B25.793.39%38.24%9.22%—
WHLR logoWHLRWheeler Real Estate Investment Trust, Inc.
$5.44$752.62K0.00-4.9%17.66%17.76%—
SITC logoSITCSITE Centers Corp.
$2.97$155.85M0.88-55.61%180.47%40.56%—
SPG logoSPGSimon Property Group, Inc.
$204.16$66.21B14.446.72%68.41%87.97%—

Compare PECO vs Peers

Phillips Edison & Co. (PECO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs KIM

Most directly comparable listed peer for PECO.

Scale Benchmark

vs WMT

Larger-name benchmark to compare PECO against a more recognizable public peer.

Peer Set

Compare Top 5

vs KIM, REG, WHLR, SITC

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

PECO SEC Filings & Documents

Phillips Edison & Co. (PECO) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 10, 2026·SEC

Material company update

Aug 5, 2026·SEC

Material company update

Jul 23, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 10, 2026·SEC

FY 2025

Feb 11, 2025·SEC

FY 2024

Feb 12, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 24, 2026·SEC

FY 2026

Apr 24, 2026·SEC

FY 2025

Oct 24, 2025·SEC

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PECO Frequently Asked Questions

Phillips Edison & Co. (PECO) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Phillips Edison & Co.'s revenue?

Phillips Edison & Co. (PECO) reported $750.9M in revenue for fiscal year 2025. This represents a 4179% increase from $17.6M in 2012.

How fast is Phillips Edison & Co. growing?

Phillips Edison & Co. (PECO) grew revenue by 10.7% over the past year. This is steady growth.

Is PECO profitable?

Yes, Phillips Edison & Co. (PECO) is profitable, generating $143.7M in net income for fiscal year 2025 (15.2% net margin).

Dividend & Returns
Does PECO pay dividends?

Yes, Phillips Edison & Co. (PECO) pays a dividend with a yield of 3.08%. This makes it attractive for income-focused investors.

What is PECO's return on equity?

Phillips Edison & Co. (PECO) has a return on equity (ROE) of 4.3%. This is below average, suggesting room for improvement.

Industry Metrics
What is Phillips Edison & Co.'s FFO?

Phillips Edison & Co. (PECO) generated Funds From Operations (FFO) of $405.9M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Is PECO a good dividend stock?

Phillips Edison & Co. (PECO) offers a 3.08% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

What if you invested $1,000 in PECO back in 2012?

Total return calculator · dividends reinvested · 14+ years of data

See returns →