Credit and interest ratesmixed · 5 filings
“Interest Expense, Net: • The $5.8 million increase was primarily due to increased debt outstanding and loss on extinguishment of debt in 2026.”10-Q · Jul 24, 2026 ↗
Phillips Edison & Company, Inc.
PECO
You’ve read what changed. Here’s whether the market is confirming it.
Market read
Phillips Edison & Company, Inc.'s move is being confirmed by its market group.
PECO accounts for 7.4% of the group's measured movement across 5.4 effective names. raw member direction is mixed; 9 of 12 SPY-adjusted paths align to the downside. Capital-flow agreement is 38%, so confirmation is not yet clean. No verified headline preceded the measured group move.
MOVE ANATOMY
SPY-adjusted 5m pathsIs this move genuinely shared?
Role in the moveAligned contributor#5 of 12 by movement share
Group movement share7.4%Absolute path energy—not portfolio weight
Relative path-1.54%aligned
Effective breadth5.4 / 12balanced
Relative alignment9/12downside path · 0 counter-moving
Capital-flow agreement38%not yet clean
SEQUENCE READ
LITE, CMI, ETN moved materially before PECO. PECO crossed its material path threshold at 10:20 ET. JCI, ECG, NVT followed.
EVIDENCE COVERAGE
7 of 17 members in Industrial Infrastructure are active. 0 of 1 disclosed connections are confirming.
What would change this read
Watch this read- At least 12 of 17 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as ENS begins moving with the group.
Invalidation: The live read weakens if participation falls to 5 of 17 members or fewer.
Research brief
The story so far
PECO accounts for 7.4% of the group's measured movement across 5.4 effective names. raw member direction is mixed; 9 of 12 SPY-adjusted paths align to the downside. Capital-flow agreement is 38%, so confirmation is not yet clean. No verified headline preceded the measured group move.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- At least 12 of 17 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as ENS begins moving with the group.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations332
Usable filing statements90
Verified relationships1
Evidence supporting the case
- Latest annual revenue changed +18.8% year over year.
- Net margin changed +288.7 percentage points in the latest annual period.
- Credit and interest rates has repeated favorable evidence across 5 filings.
Evidence challenging the case
- Supply chain and availability has repeated adverse evidence across 4 filings.
Questions before a position
- P/E is 79% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 5766% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 17, 2026
37.376m-0.4%12m+5.6%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$10.3M-97.9%$0.15+5.0%
2022-12-31$11.5M+11.7%$0.42+11.7%
2023-12-31$9.6M-16.4%$0.48+2.0%
2024-12-31$10.7M+11.2%$0.51+2.9%
2025-12-31$12.8M+18.8%$0.89+1.5%
What management says matters
Persistent and emerging business drivers
Supply chain and availabilitynegative · 4 filings
“The Operating Partnership income or loss attributable to these OP units, which is included as a component of Net Income Attributable to Noncontrolling Interests on the consolidated statements of operations, has been added back in the numerator as these OP uni…”10-Q · Apr 24, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 407.0× · EV/sales 593.0×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
37.37-1.1% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 17 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for PECO. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for PECO. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind PECO
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
COHNFiling-linked nameinvesteeFeb 10, 2026 ▾
“Additionally, we owned (i) a 14% interest in Grocery Retail Partners I LLC (“GRP I”), a joint venture with The Northwestern Mutual Life Insurance Company (“Northwestern Mutual”), which owned 20 shopping centers, (ii) a 20% equity interest in Necessity Retail…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
PECO is currently a Leader in the organic co-movement group Industrial Infrastructure. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.