Phillips Edison & Company Overview
- Year Founded
-
1991
- Status
-
Public
- Employees
-
290
- Stock Symbol
-
PECO
- Investments
-
7
- Share Price
-
$36.70
- (As of Wednesday Closing)
Phillips Edison & Company General Information
Description
Phillips Edison & Co Inc is a real estate investment trust. It invests in well-occupied, grocery-anchored neighborhood and community shopping centers. It holds an integrated in-house operating platform built on market of expertise designed to optimize property value and consistently deliver a great shopping experience.
Contact Information
Website
www.phillipsedison.comCorporate Office
- 11501 Northlake Drive
- Cincinnati, OH 45249
- United States
Corporate Office
- 11501 Northlake Drive
- Cincinnati, OH 45249
- United States
Phillips Edison & Company Timeline
Phillips Edison & Company Stock Performance
(As of Wednesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $36.70 | $37.59 | $30.62 - $39.08 | $4.5B | 122M | 721K | $0.48 |
Phillips Edison & Company Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 6,453,392 | 6,677,122 | 6,059,192 | 5,619,082 |
| Revenue | 629,740 | 610,124 | 575,372 | 532,846 |
| EBITDA | 390,179 | 378,891 | 356,600 | 311,456 |
| Net Income | 58,719 | 56,848 | 48,323 | 15,121 |
| Total Assets | 4,906,931 | 4,865,666 | 4,735,492 | 4,668,768 |
| Total Debt | 2,155,253 | 2,077,495 | 2,006,393 | 1,999,248 |
Phillips Edison & Company Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Phillips Edison & Company Comparisons
Industry
Financing
Details
Phillips Edison & Company Competitors (5)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Agree Realty Corporation | Corporation | Bloomfield Hills, MI | ||||
| CBRE Group | Formerly PE-Backed | Dallas, TX | ||||
| Veris Residential | Corporation | Jersey City, NJ | ||||
| CBL Properties | Corporation | Chattanooga, TN | ||||
| JLL | Corporation | Chicago, IL |
Phillips Edison & Company Patents
Phillips Edison & Company Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20210349955-A1 | Systems and methods for real estate data collection, normalization, and visualization | Inactive | 11-May-2020 |
Phillips Edison & Company Executive Team (27)
| Name | Title | Board Seat |
|---|---|---|
| Jeffrey Edison | Chief Executive Officer & Chairman | |
| Robert Myers | Chief Operating Officer & Executive Vice President | |
| John Caulfield | Chief Financial Officer, Treasurer & Executive Vice President | |
| Jennifer Robison | Chief Accounting Officer & Senior Vice President | |
| Kevin McCann | Chief Information Officer |
Phillips Edison & Company Board Members (11)
| Name | Representing | Role | Since |
|---|---|---|---|
| Anthony Terry | Phillips Edison & Company | Board Member | |
| Devin Murphy | Phillips Edison & Company | Board Member | |
| Elizabeth Fischer | Phillips Edison & Company | Independent Director & Board member | |
| Gregory Wood JD | Phillips Edison & Company | Independent Director & Board member | |
| Jane Silfen | Phillips Edison & Company | Independent Director & Board Member |
Phillips Edison & Company Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Phillips Edison & Company Investments & Acquisitions (7)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Shoppes of Lake Mary | 21-Feb-2024 | Buildings and Property | |||
| Kitchen United Mix | 25-Jul-2022 | Other Restaurants, Hotels and Leisure | |||
| Arapahoe Marketplace | 22-Oct-2021 | Buildings and Property | |||
| Phillips Edison-ARC Grocery Center REIT II Inc | 17-Jul-2018 | Real Estate Investment Trusts (REITs) | |||
| Developers Diversified Realty (52 shopping centers) | 02-Jul-2007 | Corporate Asset Purchase | Buildings and Property |
Phillips Edison & Company ESG
Risk Overview
Risk Rating
Updated March, 29, 2023
17.72 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 16,009
Rank
Percentile
Real Estate
Industry
of 1,030
Rank
Percentile
REITs
Subindustry
of 427
Rank
Percentile
Phillips Edison & Company Exits (2)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Kitchen United Mix | 25-Jul-2022 | Completed |
|
||
| Annuncio Software | 01-Feb-2000 | Later Stage VC | Completed |
|
Phillips Edison & Company FAQs
-
When was Phillips Edison & Company founded?
Phillips Edison & Company was founded in 1991.
-
Who is the founder of Phillips Edison & Company?
Jeffrey Edison and Michael Phillips are the founders of Phillips Edison & Company.
-
Who is the CEO of Phillips Edison & Company?
Jeffrey Edison is the CEO of Phillips Edison & Company.
-
Where is Phillips Edison & Company headquartered?
Phillips Edison & Company is headquartered in Cincinnati, OH.
-
What is the size of Phillips Edison & Company?
Phillips Edison & Company has 290 total employees.
-
What industry is Phillips Edison & Company in?
Phillips Edison & Company’s primary industry is Real Estate Investment Trusts (REITs).
-
Is Phillips Edison & Company a private or public company?
Phillips Edison & Company is a Public company.
-
What is Phillips Edison & Company’s stock symbol?
The ticker symbol for Phillips Edison & Company is PECO.
-
What is the current stock price of Phillips Edison & Company?
As of 02-Oct-2024 the stock price of Phillips Edison & Company is $36.70.
-
What is the current market cap of Phillips Edison & Company?
The current market capitalization of Phillips Edison & Company is $4.5B.
-
What is Phillips Edison & Company’s current revenue?
The trailing twelve month revenue for Phillips Edison & Company is $630M.
-
Who are Phillips Edison & Company’s competitors?
Agree Realty Corporation, CBRE Group, Veris Residential, CBL Properties, and JLL are competitors of Phillips Edison & Company.
-
What is Phillips Edison & Company’s annual earnings per share (EPS)?
Phillips Edison & Company’s EPS for 12 months was $0.48.
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