Phillips Edison & Company (PECO) Land & Improvements (2011 - 2026)
Phillips Edison & Company (PECO) reported Land & Improvements of $2 billion for Q2 2026, up 2.6% from $1.95 billion a year earlier and up 0.3% from the prior quarter.
Phillips Edison & Company (PECO) Land & Improvements (2011 - 2026) Analysis & Trends
At the end of FY2025, Phillips Edison & Company posted Land & Improvements of $1.96 billion, up 5.2% from FY2024.
- Land & Improvements has increased for five consecutive years, with a five-year compound annual growth rate of 4.9% (FY2020 to FY2025).
- By year, Land & Improvements came in at $1.87 billion in FY2024 (+5.6%), $1.77 billion in FY2023 (+5.6%), $1.67 billion in FY2022 (+5.5%) and $1.59 billion in FY2021 (+2.4%).
- The Q2 2026 figure ranks as the highest quarterly Land & Improvements in data going back to Q4 2011.
- Year over year, Land & Improvements has now increased in each of the last 19 quarters, with growth averaging 5.6% over the last eight quarters.
- The high point for year-over-year Land & Improvements in five years was Q3 2022 (growth of 8.4%); the low point was Q3 2021 (a decline of 1.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.99 billion (Q1 2026), $1.96 billion (Q4 2025) and $1.95 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Land & Improvements (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 7.24 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | - |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 18.91 Bn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 6.00 Bn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 3.26 Bn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 5.15 Bn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 5.52 Bn |
| 10 | Phillips Edison & Company | 4.81 Bn | 5.10 Bn | - | 2.00 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.00 Bn |
| Mar 31, 2026 | 1.99 Bn |
| Dec 31, 2025 | 1.96 Bn |
| Sep 30, 2025 | 1.95 Bn |
| Jun 30, 2025 | 1.95 Bn |
| Mar 31, 2025 | 1.90 Bn |
| Dec 31, 2024 | 1.87 Bn |
| Sep 30, 2024 | 1.84 Bn |
| Jun 30, 2024 | 1.81 Bn |
| Mar 31, 2024 | 1.79 Bn |
| Dec 31, 2023 | 1.77 Bn |
| Sep 30, 2023 | 1.71 Bn |
| Jun 30, 2023 | 1.70 Bn |
| Mar 31, 2023 | 1.70 Bn |
| Dec 31, 2022 | 1.67 Bn |
| Sep 30, 2022 | 1.66 Bn |
| Jun 30, 2022 | 1.62 Bn |
| Mar 31, 2022 | 1.61 Bn |
| Dec 31, 2021 | 1.59 Bn |
| Sep 30, 2021 | 1.53 Bn |
Phillips Edison & Company Land & Improvements API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=land-and-improvements&ticker=PECO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "land-and-improvements", "ticker": "PECO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=land-and-improvements&ticker=PECO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();