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Phillips Edison & Company, Inc.

Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of omni-channel grocery-anchored shopping centers. Founded in 1991, 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 December 31, 2023, PECO managed 301 shopping centers, including 281 wholly-owned centers comprising 32.2 million square feet across 31 states and 20 shopping centers owned in one institutional joint venture. PECO is exclusively focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.

Market Cap

$4.6B

Volume

673.7K

Cash and Equivalents

$4.9M

EBITDA

$411.0M

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$471.1M

Profit Margin

71.22%

52 Week High

$40.12

52 Week Low

$30.62

Dividend

3.36%

Price / Book Value

1.97

Price / Earnings

71.81

Price / Tangible Book Value

2.20

Enterprise Value

$7.0B

Enterprise Value / EBITDA

17.04

Operating Income

$172.4M

Return on Equity

2.64%

Return on Assets

2.17

Cash and Short Term Investments

$4.9M

Debt

$2.1B

Equity

$2.6B

Revenue

$661.4M

Unlevered FCF

$313.9M

Sector

Retail REITs

Category

N/A

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