Is Phillips Edison and Company (PECO) overvalued or fairly valued?

MarketChacha shows Phillips Edison and Company's valuation in context — a trailing P/E of about 43.8, a forward P/E of about 54.4, a price-to-book of about 2.1 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Phillips Edison and Company's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (4.22×) from reported figures — education, not a rating.

What is Phillips Edison and Company's revenue?

Phillips Edison and Company reported revenue of $12.8M for FY2025, with net profit of $111.3M, per official filings.

What is the share price of Phillips Edison and Company (PECO)?

Phillips Edison and Company last traded at $38.14 (+0.9% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Phillips Edison and Company

PECO · NYSE · Real Estate · United States

Snapshot

TickerPECO

ExchangeNYSE

SectorReal Estate

IndustryREIT - Retail

CountryUnited States

Employees320

HeadquartersCincinnati, United States

Websitewww.phillipsedison.com

Filings tracked20

About Phillips Edison and Company

Phillips Edison & Company, Inc. (PECO) is one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. PECO has generated strong results through its vertically integrated operating platform and national footprint of well-occupied shopping centers. PECO's centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO's top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of June 30, 2026, PECO managed 330 shopping centers, including 302 wholly owned centers comprising 33.9 million square feet across 31 states and 28 shopping centers owned in three institutional joint ventures. PECO is focused on creating great grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time. Phillips Edison & Company, Inc. was incorporated in 1991 and is based in Cincinnati, Ohio.

Who owns it

Insiders0.6%
Institutions91.8%
Public & other7.7%

593 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.18.11%
Vanguard Portfolio Management LLC11.19%
State Street Corporation5.66%
Vanguard Capital Management LLC4.45%
FMR, LLC3.28%
Wellington Management Group, LLP3.12%
Geode Capital Management, LLC2.93%
Canada Pension Plan Investment Board2.60%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Latest ROE of 4.9% is on the low side — the business earns a modest return on shareholder capital.

Cash conversion4.22×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Return on equity4.9%

Latest ROE of 4.9% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev 15% · PAT 40%

Profit has grown much faster than revenue while recent results carried sizeable one-off items — some of the profit growth may not repeat.

One-off items3 of last 3 yrs

Recent reported profit includes sizeable one-off / non-operating items — the underlying operating trend may differ from the headline.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $194.6M · EPS 0.15

Est. earnings growth +10.9%

Next fiscal year

Rev $805.6M · EPS 0.70

Est. earnings growth -17.0%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$12.8M

ROE

4.9%

Revenue CAGR (2y)

+15.0%

Profit CAGR (2y)

+39.9%

EPS (FY2025)

0.89

Net profit (FY2025)

$111.3M

Ask MarketChacha about PECO

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	ROE
FY2025	$12.8M	$111.3M*	0.89	4.9%
FY2024	$10.7M	$62.7M*	0.51	2.7%
FY2023	$9.6M	$56.8M*	0.48	2.5%

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Quarterly

Period	Revenue	Net profit	EPS
2026Q2	$4.1M	$41.1M*	0.33
2026Q1	$3.4M	$30.4M*	0.24
2025Q3	$3.3M	$24.7M*	0.20
2025Q2	$3.3M	$12.8M*	0.10
2025Q1	$2.8M	$26.3M*	0.21
2024Q3	$2.9M	$11.6M*	0.09
2024Q2	$2.5M	$15.3M*	0.12
2024Q1	$2.6M	$17.7M*	0.14
2023Q3	$2.2M	$12.2M*	0.10
2023Q2	$2.5M	$14.5M*	0.12
2023Q1	$2.5M	$16.6M*	0.14

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Reg FD disclosure, Exhibits
SEC9/1/2026material
8-K — Other events, Exhibits
SEC8/10/2026material
8-K — Reg FD disclosure, Exhibits
SEC8/5/2026material
10-Q filing
SEC7/24/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/23/2026material
8-K — Shareholder vote results, Reg FD disclosure, Exhibits
SEC5/12/2026material
10-Q filing
SEC4/24/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC4/23/2026material
8-K — Material agreement, Material financial obligation, Other events, Exhibits
SEC2/26/2026material
8-K — Reg FD disclosure, Exhibits
SEC2/12/2026material
10-K filing
SEC2/10/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC2/5/2026material

2025

8-K — Reg FD disclosure
SEC12/17/2025material
8-K — Reg FD disclosure, Exhibits
SEC11/5/2025material
10-Q filing
SEC10/24/2025
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC10/23/2025material
8-K — Material agreement, Material financial obligation, Reg FD disclosure, Exhibits
SEC9/2/2025material
8-K — Reg FD disclosure, Exhibits
SEC8/5/2025material
8-K — Other events, Exhibits
SEC7/28/2025material
10-Q filing
SEC7/25/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.