Revenue distribution by sectors:

1. Retail: approx. 70%
2. Grocery stores: approx. 20%
3. Other services: approx. 10%

TOP 3 markets:

1. California: approx. 25%
2. Texas: approx. 20%
3. Florida: approx. 15%

Phillips Edison & Company, Inc. is a leading company in the neighborhood shopping center sector, with the majority of revenues coming from retail. Grocery stores also play a significant role, often serving as anchor tenants in the shopping centers.

California, Texas, and Florida are the largest markets for PECO, attributed to the high population density and strong economic growth in these states. These markets provide a stable foundation for future growth and expansion.

Production: No physical product production

Phillips Edison & Company, Inc. is a Real Estate Investment Trust (REIT) specializing in the ownership and operation of neighborhood shopping centers. The company does not produce physical products but manages properties primarily used in the retail sector. Phillips Edison & Company's main activities include acquiring, managing, and developing shopping centers in the United States.

Strategy for Future Growth:

• Focus on Neighborhood Shopping Centers
• Expansion through Targeted Acquisitions
• Enhancement of Tenant Relationships

Phillips Edison & Company, Inc. pursues a growth strategy that focuses on investing in and operating neighborhood shopping centers. These centers are primarily oriented towards daily needs, making them resilient to economic fluctuations.

The company plans to further expand its portfolio through targeted acquisitions. The focus is on high-quality properties in high-growth markets to strengthen presence and leverage synergies.

In addition, PECO places great emphasis on enhancing relationships with its tenants to ensure high occupancy rates and stable rental income. This includes supporting tenants in adapting to changing market conditions and consumer trends.

Imported Raw Materials/Materials: No specific raw materials

Phillips Edison & Company, Inc. is a real estate investment company specializing in the management of shopping centers. As such, the company does not import specific raw materials or materials since it is not a manufacturing company.

PECO's main business involves the acquisition, development, and management of retail properties. Therefore, the relevant "raw materials" are more services and expertise in the field of real estate management and development.

In case of construction or renovation projects, construction companies contracted by PECO may import building materials. However, these materials and their origin depend on the specific construction projects and the contracted construction companies.

Market share in the retail real estate sector: Estimated at 3-5% (2025)

Portfolio occupancy: Over 95% (2025)

Average lease term: Approximately 5 years (2025)

Phillips Edison & Company, Inc. (PECO) has a solid competitive advantage in the neighborhood and community shopping center sector. The company benefits from a high portfolio occupancy of over 95%, indicating strong demand for its properties. This demonstrates that PECO is able to identify attractive locations and enter into long-term lease agreements that contribute to income stability.

Another advantage is the diversification of the tenant mix, which often consists of grocery-anchored retailers. These types of tenants attract consistent foot traffic and provide some resilience to economic downturns. Additionally, PECO has an advantage over smaller competitors due to its size and experience in retail property management.

Overall, PECO is well positioned in the market by focusing on stable and long-term sources of income while expanding its presence in high-growth regions.

Institutional Investor Ownership: 65% (estimated, based on typical industry values for REITs)

Insider Buys/Sells: No specific current data available (estimated, based on typical market activities)

The institutional investor ownership in Phillips Edison & Company, Inc. is estimated to be around 65%. This is typical for Real Estate Investment Trusts (REITs), as institutional investors often invest in such stable and dividend-paying assets.

There is no specific current data on insider buys and sells. However, such activities can typically be seen as indicators of management's confidence in the company's future performance. It is advisable to regularly check SEC filings for up-to-date information.

Market share of Phillips Edison & Company, Inc. (PECO): Estimate: approx. 3-5% in the US retail REITs sector (2025)

Top competitors and their market shares:

1. Simon Property Group (NYSE: SPG): approx. 15-20%
2. Realty Income Corporation (NYSE: O): approx. 10-12%
3. Kimco Realty Corporation (NYSE: KIM): approx. 8-10%
4. Regency Centers Corporation (NASDAQ: REG): approx. 6-8%
5. Federal Realty Investment Trust (NYSE: FRT): approx. 5-7%

Moat of Phillips Edison & Company:

Phillips Edison & Company, Inc. specializes in neighborhood and community centers, often anchored by grocery stores. This provides a certain level of stability as grocery stores, as anchors, generate a consistent customer traffic. PECO's moat lies in its specialized niche and focus on smaller, everyday shopping centers that are less affected by online commerce.

In comparison, some of the larger competitors like Simon Property Group and Realty Income Corporation have a stronger moat due to their size, diversification, and premium locations. These companies benefit from a broader geographical presence and a greater variety of tenants, giving them higher resilience to market fluctuations.

In summary, PECO has a solid but specific moat, which, however, is less pronounced compared to the larger, diversified competitors. The competition often offers greater stability and growth potential through their extensive portfolios and strategic locations.

Revenue Growth: 8.5% (2024) FFO Growth (Funds from Operations): 6.2% (2024) Portfolio Occupancy: 96% (2024)

Phillips Edison & Company, Inc. (PECO) recorded solid revenue growth of 8.5% in 2024. This indicates strong operational performance supported by a high portfolio occupancy of 96%. The high occupancy demonstrates that the company's properties are in high demand, which is a positive sign for revenue stability.

The 6.2% growth in Funds from Operations (FFO) in 2024 is also a positive signal, reflecting the company's ability to generate stable and growing cash flows from its real estate holdings. This is particularly important for REITs (Real Estate Investment Trusts) as it underscores financial health and the ability to distribute dividends to shareholders.

Overall, PECO demonstrates strong operational performance and a well-occupied real estate portfolio, making it a potentially attractive investment. However, investors should also consider other factors such as market conditions and the company's long-term strategies before making an investment decision.

Dividend Yield: 3.5% (2025 - estimated)
Dividend History: Regular payouts since IPO

Phillips Edison & Company, Inc. regularly pays dividends to its shareholders. The dividend yield is currently around 3.5%, which is competitive compared to other companies in the real estate industry.

The reliability of the payout is supported by the company's stable earnings, specializing in managing neighborhood shopping centers. The regular rental income from these properties provides a solid foundation for continuous dividend payouts.

Overall, PECO's dividend policy is considered reliable, as evidenced by the continuous payouts since the IPO. Analysts expect the company to maintain its dividend policy unless significant economic disruptions occur.