For Q2 FY2026 ended June 30, 2026, Phillips Edison & Company reported revenue of $189.6M, up 6.7% year-over-year. Net income surged to $41.1M from $12.8M, a 221.6% increase. Diluted EPS rose to $0.33 from $0.10, up 230%. The company had $7.1M in cash, $2.37B in equity, and $2.45B in long-term debt.
•Revenue increased 6.7% YoY to $189.6M.
•Net income jumped 221.6% to $41.1M.
•Diluted EPS grew 230% to $0.33.
•Long-term debt stood at $2.45B vs. equity of $2.37B.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
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 March 31, 2026, PECO managed 326 shopping centers, including 299 wholly owned centers comprising 33.7 million square feet across 31 states and 27 shopping centers owned in three institutional joint ventures.
PECO is focused on creating great omni-channel, 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.
What does Phillips Edison & Company, Inc. (PECO) do?
Phillips Edison & Company, Inc. (PECO) is one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. The company focuses on creating omni-channel, grocery-anchored shopping experiences that serve local communities. Its centers feature a mix of national and regional retailers providing necessity-based goods and services. As of March 31, 2026, PECO managed 326 shopping centers, including 299 wholly owned centers comprising 33.7 million square feet across 31 states, and 27 shopping centers owned in three institutional joint ventures. The company's top grocery anchors include Kroger, Publix, Albertsons, and Ahold Delhaize.
Where is Phillips Edison & Company, Inc. (PECO) listed and what currency does it trade in?
Phillips Edison & Company, Inc. (PECO) is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol PECO. Its shares are traded in U.S. dollars (USD). The company is headquartered in Cincinnati, Ohio, and operates within the United States.
What sector and industry does Phillips Edison & Company, Inc. (PECO) belong to?
Phillips Edison & Company, Inc. (PECO) operates in the Real Estate sector and is classified under the REIT - Retail industry. As a real estate investment trust (REIT), it focuses on owning and operating retail properties, specifically grocery-anchored neighborhood shopping centers. This structure allows the company to generate rental income from its properties while providing investors with exposure to the retail real estate market.
Where is Phillips Edison & Company, Inc. (PECO) headquartered and what markets does it serve?
Phillips Edison & Company, Inc. (PECO) is headquartered in Cincinnati, Ohio, and was incorporated in 1991. The company serves markets throughout the United States, with a portfolio of 326 shopping centers as of March 31, 2026. These properties are located across 31 states, with a focus on fundamentally strong markets. PECO's centers are anchored by leading grocery chains such as Kroger, Publix, Albertsons, and Ahold Delhaize, ensuring a steady flow of necessity-based traffic.
How does Phillips Edison & Company, Inc. (PECO) generate revenue?
Phillips Edison & Company, Inc. (PECO) generates revenue primarily through the ownership and operation of grocery-anchored neighborhood shopping centers. As a real estate investment trust (REIT), it earns rental income from tenants occupying its properties. The company's vertically integrated operating platform allows it to manage leasing, property management, and development in-house. As of March 31, 2026, PECO managed 326 shopping centers, including 299 wholly owned centers and 27 in joint ventures, totaling 33.7 million square feet. Its tenant mix includes national and regional retailers offering necessity-based goods and services, with top grocery anchors like Kroger, Publix, Albertsons, and Ahold Delhaize driving consistent foot traffic and occupancy.