On this page of Benford's Law Stocks.com we present our study of Phillips Edison & Company, Inc. — ticker symbol PECO. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/12/2021 to 2/10/2026 for Phillips Edison & Company, Inc. under CIK number 0001476204. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for PECO, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Phillips Edison & Company, Inc. based on the past PECO filings our system processed in the past.
30.2
15.8
12.5
9.8
8.8
7.6
5.4
4.9
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, PECO stockholder letter ]
Total numbers found: 3,271
Recent share count: 125,800,000 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
3271
High count compared to other filers, with PECO falling in the highest 10% of filers. At this number count, it would take about 33 numbers to move any given column by a full percentage point.
98

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 6's percentage was above the typical coverage universe range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • We deducted point (includes the impact of penalty multiplier) upon observing the 9's percentage was above the typical coverage universe range.
Benford's Law Stocks Indicator
PECO
High score compared to other filers, with PECO falling in the highest 10% of filers.
ORRF
OSPN
PSEC
PYPL
OSBC
OSS
PLPC
PWP
Check our work! We provide our Phillips Edison & Company, Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the PECO filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 988 numbers that start with the digit 1. Here they are:
125.8
1,963,735
1,867,227
1,957,569
1,771,052
195,328
118,356
116,096
180,332
163,692
10,000
1,000,000
125,788
125,120
1,258
1,251
1,379,252
1,332,435
12,751
10,731
123,649
112,633
102,303
110,338
1,110
122,968
11,665
111,303
122,968
11,816
118,609
11,665
1,265
107,356
117,126
1,171
1,169,665
150,793
150,835
150,835
1,939
1,939
1,939
10,551
10,551
1,265
11,816
1.1364
135,456
135,456
135,456
16,334
16,334
1,164
1,166
12,842
12,918
12,918
122,024
1,220
10,523
1,248,273
1,903
19
1.19
146,847
146,847
146,847
16,867
16,867
140
1,053
10
125,120
1,251
1,332,435
1.2532
158,120
158,120
158,120
16,777
16,777
1
11,681
13,791
13,800
13,800
111,303
111,303
11,665
122,968
125,788
1,258
1,379,252
122,968
1,540
1,766
1,290
1,110
10,692
10,145
11,681
1,018
17,508
16,623
11,524
14,826
136,144
121,655
17
13,699
1,868
1,791
1,969
133
149,135
1,939
145,584
101,504
157,275
134,018
135,749
16,634
15,174
15,996
17,349
1,606
1,089
17,395
13,363
15,934
1,700
1,700
12,829
143
1,693
14
14.6
13.8
10.8
11.2
1.9
1.3
1.8
167,211
150,350
138,691
1,222
12.0
10.7
1,659
198
114
13
12
11
124,118
198,979
17,995
19,633
17,995
19,858
1
1
145,326
121,655
17
1,110
17.4
1.4
1,498
12,803
11,613
11,044
12,604
11,963
1,752
11,195
19,553
1,247
10,411
15,930
15
10
14
14
14
13,292
1
1
189
16,308
114,552
1,525
1,310
17,395
177
14,029
13,071
16,355
195,328
100
135
140
105
1
15
161.8
1,987,586
149,750
1,976,750
1,674,750
161,750
1,400,000
1,976,750
1,904
17,367
163,654
17,367
1,403,400
161.8
150
1
15,361
1
111,303
10,298
108,481
19,764
128,245
112,272
101,391
128,245
112,272
101,295
18.0
1
100.0
100.0
100.0
12,099
1,473
1,176
199
1,440
1,639
12,304
12,099
1.7
17,000
1.9
177
1025
1.23
1083
1083
1.30
1083
14,969
1083
14,978
12.7
13.0
1,053
16,777
16,867
1
1,136
162
129
10
1,315
196
104
18
195
145
199
12
1.2
11.2
10.3
13.6
1.3
1.1
1.1
111,303
11,665
122,968
125,544
122,722
118,278
12,840
13,582
14,096
138,899
136,821
132,970
12,751
10,731
114.3
173.8
102.7
15
1.2
1.8
1.8
1.9
1
1
1.1
1
16,355
177
1
12,751
10,731
123,649
112,633
102,303
16,359
17,598
17,496
110,338
1,110
122,968
11,665
111,303
1,590
12,126
11,182
10,167
10,632
16,456
1,676
10,927
15,446
1,355
15,553
10,662
10,349
16,776
1,429
1,843
15,890
13,738
10,728
14,517
13,109
1,147
11,740
13,529
1,528
14,307
17,700
18,752
1,124
19,502
10,397
1,011
14,242
1,356
10,185
1,856
11,327
11,421
11,135
16,284
1,716
12,555
10,093
10,398
11,812
19,439
1,530
10,387
11,478
18,954
1,598
11,890
11,972
12,054
15,894
1,000
1,411
10,647
13,518
16,038
1,987
15,410
14,939
18,264
14,212
1,872
1,465
10,759
13,251
11,134
16,284
14,750
11,870
12,384
11,115
1,449
11,603
16,270
1,127
1,938
11,232
15,396
17,865
10,354
10,214
10,603
17,212
18,358
19,466
1,273
1,056
11,308
1,134
1,641
13,007
16,174
1,121
17,772
10,467
11,650
16,237
10,045
1,643
10,960
15,668
11,770
13,543
1,553
13,384
12,207
15,142
12,581
17,124
13,047
10,166
12,001
19,821
13,549
16,644
17,611
10,583
1,153
1,682
13,059
18,257
13,480
16,269
16,688
1,461
1,911
12,703
10,615
15,957
15,028
1,666
16,151
1,463
10,195
10,895
1,168
11,389
16,367
16,884
19,283
10,189
12,198
17,660
12,236
12,729
17,960
12,973
16,642
1,404
17,792
14,411
19,662
10,906
1,485
1,814
1,245
1,336
1,440
14,620
11,609
12,682
19,103
13,559
13,597
14,328
16,019
11,270
10,640
16,349
12,840
18,984
12,566
16,629
1,314
12,600
1,461
12,087
13,233
1,567
14,351
1,351
13,173
15,087
10
11,230
17,167
1,386
17,387
11,249
1,839
12,960
15,096
12,993
15,076
12,877
15,191
18,149
1,361
11,550
1,441
1,714
12,638
14,352
10,902
10,931
14,008
1,887
12,922
19,635
10,775
14,554
10,026
10,153
14,012
14,055
15,893
18,514
12,423
10,544
12,321
18,696
10,137
12,334
17,702
15,164
12,457
13,872
12,052
1,096
12,613
18,726
10,515
11,560
16,460
10,393
10,092
14,437
1,117
10,225
15,421
10,659
15,489
16,727
13,692
10,025
10,608
13,877
1,911
13,406
11,465
1,831
17,911
1,402
10,444
12,301
1,900
1,088
1,722
1,943
1,412
1,554
1,334
11,218
1,555
191
1,800
1,020
11,404
10,506
1,097
12,339
18,726
15,343
16,522
16,146
17,860
1,446
12,469
1,248
14,018
1,911
1,103
1,406
1,588
1,662
10,864
10,847
1,739
1,739
1,140
1,742
1,003
1,960
10,157
14,817
13,330
19,232
1,091
15,584
18,544
1,422
1,108
1,137
12,523
10,029
11,326
12,078
13,346
11,109
18,690
11,669
10,538
14,174
18,322
12,341
12,699
12,684
14,742
14,380
137
14,435
19,335
15,455
12,176
11,225
11,752
17,749
13,553
16,991
10,405
10,913
15,143
15,333
19,462
14,567
1,662
15,975
12,586
1,951
10,261
14,231
18,643
1,758
17,976
1,974
1,094
1,807
12,486
16,952
1,088
18,026
13,643
14,959
19,543
1,030
12,403
1,188
12,511
17,727
10,729
12,882
10,414
10,617
14,847
16,565
10,782
17,359
10,990
19,270
16,536
1,717
1,067
1,753
1,813
1,374
11,180
17,776
17,535
17,751
12,041
11,158
11,100
17,566
1,159
18,437
1,252
10,048
18,145
1,711
10,201
16,282
10,740
14,837
15,218
10,797
19,992
11,407
13,054
10,232
11,797
11,359
16,557
16,973
13,309
14,003
18,306
12,205
1,700
14,785
10,558
17,780
10,232
10,600
19,668
16,005
18,730
1,791
14,059
10,096
10,866
13,501
1,593
10,308
1,685
10,752
12,437
15,492
1,954
17,123
1,820
13,912
1,048
13,183
11,944
1,104
12,122
11,922
1,080
10,727
17,282
10,941
16,061
1,870
11,091
17,781
12,417
11,091
1,080
12,806
11,782
1,971
15,642
1,456
16,937
16,879
17,605
10,080
14,053
11,929
17,037
17,743
12,647
11,412
12,029
12,724
10,072
160
10,154
17,060
10,112
15,242
18,092
13,154
13,698
18,564
1,392
13,352
16,507
1,473
17,699
13,702
12,602
1,108
13,498
18,399
14,063
1,181
15,019
15,766
16,959
12,256
10,859
12,933
14,035
16,648
14,090
17,524
19,875
12,242
1,541
13,382
19,505
11,786
1,206
12,535
19,968
12,668
15,860
1,045
1,057
10,860
11,281
1,905
11,509
12,537
11,636
1,980
12,836
17,356
16,776
17,199
17,583
13,779
14,917
10,223
15,709
1,608
1,663
16,242
16,642
15,848
1,006
16,633
1,749
18,673
1,637
13,581
14,389
14,001
1,472
15,088
19,314
12,003
12,305
18,665
1,454
19,880
12,698
13,252
19,211
1,697
10,930
1,691
12,201
18,663
14,060
1,547
10,104
13,889
1,028
1,634
1,634
1,858
11,624
11,952
16,553
1,275
1,807
1,045
10,179
15,885
1,355
1,621
1,621
1,050
12,226
16,887
17,566
1,365
162
162
19,377
1,449
1,288
11,265
11,642
1,673
12,904
13,834
13,311
14,165
1,045
1,850
10,770
18,577
18,899
10,890
1,291
11,666
15,978
1,102
15,237
1,259
114
10,320
1,302
1,517
14,615
14,780
18,700
12,816
13,412
18,585
134
10,063
1,173
10,605
18,957
10,147
13,241
13,331
18,679
10,124
15,593
13,863
14,154
1,094
124
12,006
14,154
12,690
13,135
110
13,530
11
13,530
11,806
13,649
16,444
1,216
1,524
1,851,365
1,963,735
1,535,981
131,213
159,217
17,565
14,910
1,377,785
1,186,630
1,001,863
197,669
188,913
1,535,981
1,377,785
1,186,630
We found 517 numbers that start with the digit 2. Here they are:
2
29,066
29,066
244,284
2,375,328
2,109,543
23,044
22,907
2,697,060
2,412,238
2,286,569
2,319,922
2,589,378
2,633,985
2,977
266,374
253,016
236,443
21,003
2,236,487
2,597,433
211
2
2,310,308
2,653,351
2
2,694
2,696
25,372
25,424
25,424
2,319,922
2,633,985
2,286,569
2,589,378
264,834
251,250
234,260
2,183
2,428
2,884
271
243
26,364
2,112
290,968
296,268
270,262
2,420
2,561
229
225
293
297
20
20
2.6
2.6
2.2
250
2,517
233,872
2,597,580
208
2,495
294,002
278,480
296,268
270,262
219,815
29,052
2,634
2,179
225
296,268
2
24.9
214,122
201,976
2,496
2,496
28,532
2,334
23,462
2
20
20
20
21,664
20
22,950
20
20
20
20
2,058
2,099
2,156
281
21
21
26,557
244,284
2.6
2.2
2.625
29,915
23,633
22,211
259
2,375,328
2,109,543
202
240
240
28.1
284.8
2,025,395
2,402,145
2,137,336
2,402,145
2,137,336
200
200,595
200,844
200,844
2,401,665
2
200,000
2.8
20,402
2,822
22.6
24.0
26.2
250
250
250
23.0
26.0
24,000
28.00
23,000
24,000
29.60
27.27
29.99
28.89
248
27.49
28.69
25.87
263
29.54
26.16
25.11
27.25
2,809
2,249
2
292,810
29,621
2,375,328
2,361,914
2,109,543
2,026,331
23.6
22.2
2,977
28,013
26,870
266,374
253,016
236,443
2,591
2,750
2,094
2,680
2,016
2,906
2,939
2,373
2,384
2,647
2,292
23,757
23,653
25,042
2,879
2,798
2,230
20,000
29,005
20,140
2,761
2,636
2,171
2,520
2,069
2,012
2,500
26,536
2,492
2,870
21,768
2,204
2,587
2,444
2,819
2,660
2,204
22,752
2,484
207
2,621
2,462
20,298
29,989
2,334
2,598
2,530
21,436
2,587
25,973
2,046
2,160
23,388
2,356
29,705
2,590
2,810
2,903
20,272
26,191
24,151
2,142
2,905
2,434
24,563
20,822
2,527
22,630
25,586
2,865
27,493
2,428
23,468
2,958
26,065
25,975
28,905
2,824
2,113
2,466
2,972
24,538
21,580
2,786
21,807
2,826
2,826
2,602
20,114
26,634
2,008
2,136
23,433
2,599
2,673
2,958
2,338
2,509
26,560
2,851
2,442
2,598
2,781
2,517
2,924
2,981
21,168
2,670
2,670
22,084
27,093
25,646
28,652
29,934
20,495
26,696
20,960
28,700
24,346
28,784
2,248
29,207
2,955
2,096
2,353
2,720
2,323
2,420
2,603
2,924
2,965
2,258
2,724
2,211
2,059
2,471
2,927
2,480
2,897
20,183
22,855
2,476
24,992
2,155
2,854
2,347
2,104
2,418
2,809
2,942
2,045
23,874
25,323
2,702
2,772
2,488
2,683
22,535
25,417
24,712
2,003
2,386
27,426
21,380
26,700
25,808
24,492
26,483
2,162
2,571
2,454
2,740
23,462
2,447
21,702
20,199
25,508
22,097
23,177
21,555
2,974
21,215
2,693
2,935
2,461
2,782
2,984
2,157
2,119
28,422
29,925
2,463
23,507
24,460
263
2,043
247
23,945
2,236
2,608
23,954
24,590
23,929
26,473
27,946
23,990
27,113
2,487
22,284
26,348
28,788
23,525
2,433
25,817
22,031
2,439
29,946
2,945
27,220
2,520
2,635
24,530
20,320
21,797
20,427
20,988
29,666
2,951
21,041
24,610
25,536
28,872
24,588
26,829
28,691
23,433
24,990
20,679
21,006
22,078
20,993
23,965
2,775
2,860
2,019
27,145
24,185
2,109
265
2,870
20,797
25,380
2,637
2,683
20,521
27,073
24,632
20,706
2,835
2,823
24,046
2,710
2,918
2,613
26,480
26,822
24,180
2,480
21,895
2,928
22,275
22,622
23,822
29,334
2,297
21,701
2,250
25,226
27,638
2,041
25,730
29,175
2,723
21,375
21,919
27,544
2,637
2,291
224
224
25
24,270
25,265
2,034
2,530
269
27,087
2,063
2,063
2,225
20,074
29,422
20,744
21,023
27,476
2,045
25,361
2,838
21,878
21,908
29,413
2,994
23,091
24,392
23,479
23,765
28,049
22,237
22,350
20,079
20,426
24,728
24,960
22,536
22,776
28,501
204
206
262
242
233
23,086
26,870
26,881
220
2,327
2,311
2,795
2,734
2,959
284,895
260,856
207,457
We found 409 numbers that start with the digit 3. Here they are:
31,724
3,544
39,768
3,768
3,664,205
3,646,801
358
302,809
314,063
3,072
38,790
30
3
3,383,978
360,946
3,546,838
343,043
3,646,801
314,063
3,950
3,950
3,613
3,614
3
3,664,205
358
302,809
3,184
368
38,790
30
3,000
348
348,149
334,710
360,211
3,238
392,290
392,944
353,386
346,297
34,663
3,544
39,768
3,768
338
31
3.1
3,653
319,679
3,526
3,632
31
3
356,924
360,211
31,639
378,206
316,126
360,211
38,790
30
355,801
330,372
328
361
361
38,274
35,319
34,380
33,593
3,113
300
3.2
31.25
30,000
3,950
31
3
31
35
348
342
30,062
350,000
350,000
350,000
350,000
350,000
350,000
350,000
3.4
3.5
395,000
395,000
3.5
31
3,443
350
347.2
37.6
350
345.0
350
344.6
3.6
376,750
323,000
3,400
3.45
3
3.4
3.4
310
3.5
3.5
3,756
379
3,172
3,551
37.05
39.23
38.0
3.40
3.40
3.20
3
308
393
30.75
327
32.83
380
3,894
30
3,083
3,831
3,428
31.8
345,157
313,817
344,417
346,529
357,868
342,564
366,377
341,919
350,735
342,117
345,356
341,453
329,280
393,012
370,922
393,056
359,194
30,534
3.4
3
3,072
35,279
38,790
30
3,344
3,691
3,471
3,614
3,046
3,446
3,071
3,536
3,517
3,802
3,862
3,742
31,534
3,248
3,257
3,531
3,223
3,044
3,925
3,563
3,939
3,680
3,962
3,901
3,404
35,109
3,493
32,030
3,221
3,840
3,149
3,054
3,080
3,912
3,691
3,318
3,664
3,706
3,799
3,018
3,926
3,823
3,736
3,620
3,010
3,817
3,093
3,369
31,186
3,980
3,748
3,095
394
325
3,942
3,516
3,042
30,388
3,279
3,543
3,792
35,768
3,415
3,581
3,029
3,134
3,793
38,097
397
37,929
3,554
3,212
3,831
3,578
3,470
3,759
3,341
3,866
3,303
3,489
3,629
3,748
3,077
3,632
37,335
3,572
3,859
30,799
34,377
3,952
301
3,122
3,435
3,131
3,588
300
3,305
3,459
3,702
3,092
33,122
39,392
3,760
3,989
300
30,350
36,058
3,140
3,955
3,253
3,061
3,797
3,148
3,014
3,263
3,517
3,147
36,329
33,765
3,197
3,448
3,465
3,482
3,870
3,365
3,876
3,890
3,118
3,342
3,145
3,220
36,743
3,767
3,795
3,219
3,317
3,942
3,605
3,870
357
3,256
35,688
3,596
3,828
350
3,725
3,948
352
30,260
38,179
3,922
32,826
3,357
3,478
32,744
3,154
35,262
34,235
31,539
33,178
3,103
35,900
35,445
33,289
3,477
3,781
32,700
3,953
3,029
3,130
3,356
3,187
31,009
3,918
3,101
3,026
37,658
3,047
37,178
3,821
3,973
3,818
31,836
3,813
35,322
3,269
33,730
38
3,336
3,487
30,881
35,622
3,221
31,614
32,807
3,910
3,933
3,920
3,880
383
3,620
3,740
34,975
3,719
3,428
35,792
38,340
3,859
30,171
31,061
38,992
3,109
3,841
34,224
3,081
3,490
3,785
3,706
3,080
3,307
3,307
349
33,590
34,208
3,152
3,339
32,665
3,797
3,071
333
31,190
3,557
3,920
32,268
30,324
35,107
33,767
373
33,849
302
3
3
344
344
3,798,043
343,973
4's 5's 6's
We found 319 numbers that start with the digit 4. Here they are:
4.4
4,305,174
4,085,713
4,927,215
4,781,456
42,561
4,969,776
4,813,180
4,881
4,305
4,657
45,611
44,366
488,944
455,928
4,330
48
4,359
409
42
46,368
4,170
42
42
4,305
409
4,359
4,886
4,474
4,237
4,081
400
474,000
401,000
408,466
43,312
4,881
4,872
4,006
43,312
444
4
486,328
446,576
474,837
401,693
4,714
480
4.8
468
4,979
480
40
4
4
4,160
499
499
499
499
499
4
4.0
4.2
4
4,326
498
40
47
463
44,233
46,099
4,510
4.3
4.4
40,000
4.5
4.9
484,750
4.950
480
4.5
4.3
4.950
4.7
4.6
425,395
462,586
424,915
475,000
4,669
4.1
4.5
47,080
4,328
46,000
4.04
4.35
4.63
46
418
48
4,707
4,091
4,931
40,000
40,088
483,415
485,508
4,510
4,657
488,944
455,928
4,330
4,104
4,613
4,178
4,090
4,399
4,467
4,942
4,119
4,361
4,185
4,093
4,185
4,666
4,782
4,979
4,062
4,082
4,421
4,870
4,750
4,188
4,883
4,045
4,007
4,159
4,772
4,344
4,426
4,905
4,703
4,166
46,921
4,215
4,244
4,221
4,833
4,106
4,533
4,685
4,667
4,437
4,887
4,702
4,144
4,612
4,460
4,708
4,630
4,685
4,176
4,304
4,978
4,870
4,100
4,108
4,701
4,546
4,091
4,469
4,115
4,275
4,639
4,943
4,474
4,269
4,826
4,764
4,357
414
4,351
4,773
4,941
4,641
4,751
4,402
4,553
4,057
4,396
41,807
4,339
4,046
417
4,145
4,892
4,278
4,007
4,522
4,621
4,567
4,015
4,464
4,561
4,104
4,660
4,431
4,642
4,044
4,050
4,975
4,381
4,179
4,222
4,412
4,179
4,818
4,900
4,512
4,222
4,389
4,843
4,020
4,230
4,240
4,526
4,553
4,935
4,083
4,230
4,506
4,581
406
4,800
4,109
4,241
4,866
4,120
4,005
40,585
4,670
4,115
4,303
4,497
4,469
4,259
41,693
4,838
4,951
4,158
4,725
4,583
4,662
4,795
4,384
417
4,486
4,118
4,335
4,270
40,144
45,777
4,053
4,672
4,866
4,302
4,954
4,689
4,901
4,669
4,516
4,512
4,161
4,105
4,846
419
4,520
4,661
49,329
4,743
41,448
43,345
4,847
4,226
414
4,470
459
4,601
49,447
4,492
4,928
42,132
417
480
4,312
4,159
411
4,284
493
497
477
48,003
4,624
4,624
486
486
489
4,826
4,826
445
40,411
4,449
4,945
424,915
4,305,174
49,261
4,146
We found 287 numbers that start with the digit 5. Here they are:
5
5
538,324
523,209
5,286,438
5,046,223
5,286,438
5,046,223
597,501
51,638
527,748
5,732
56,848
51
51,946
56,467
5,700
517
5
56,848
56,848
579
5,178
529
5,848
503,000
58,000
58,005
53,947
57
527,114
5,126
5,705
5,015
597,501
524,958
5,013
508
509
511
533
520
5,013
538,324
523,209
5,026
5,865
5
547
55,266
59,326
53,330
55,226
52,032
584,750
5.250
5.750
5,666
5.250
5.750
523,595
56,848
52,387
59,885
54,311
5,229
5,504
5.7
579
5.4
5
50
50
529
56,848
515
517
596
51
50
580,928
587,341
5.7
5
597,501
527,748
5,732
56,848
5,207
5,247
5,448
5,824
5,316
5,787
5,942
5,812
5,996
5,166
5,540
5,596
5,108
5,266
5,791
5,149
5,271
5,927
5,364
5,817
5,013
5,642
5,272
5,793
5,717
5,150
5,684
5,565
5,422
5,492
5,262
5,114
5,729
5,213
5,257
5,971
5,811
5,669
5,677
5,919
529
5,198
521
553
5,400
5,774
5,358
5,189
5,131
5,043
5,462
5,231
5,515
5,553
5,450
5,597
5,848
5,128
5,456
5,163
5,425
5,887
5,314
5,324
5,520
5,937
5,687
5,758
5,451
5,773
5,393
5,120
5,416
50,270
5,620
5,086
5,635
5,791
5,368
5,358
5,632
5,376
5,578
511
5,648
5,948
5,009
5,630
5,021
5,449
5,708
5,384
5,877
5,099
5,387
5,636
5,482
5,471
5,934
5,119
5,904
5,358
5,194
5,976
5,186
5,384
5,917
5,009
5,261
5,654
5,997
5,515
5,177
5,422
5,436
5,453
5,612
5,624
5,309
5,386
5,448
5,146
5,507
5,627
5,117
59,852
5,204
5,492
51,118
5,058
5,636
595
5,261
5,445
536
5,179
5,494
5,020
5,735
5,013
5,778
56,328
5,482
57,806
5,649
5,159
5,553
5,778
5,934
52,581
5,130
5,147
5,722
5,370
5,581
52,934
5,309
5,486
5,104
5,512
5,059
59,987
5,733
5,068
51,050
53,351
54,905
5,747
5,959
5,871
52,944
5,659
5,256
5,706
562
528
5,141
5,173
568
593
541
573
5,488
5,725
5,234
5,348
527
5,409
5,469
5,934
5,170
5,936
5,936
5,936
5,952,940
5,586,671
5,246,279
5,952,940
5,586,671
We found 248 numbers that start with the digit 6. Here they are:
6,884,784
6,552,508
647,589
661,392
610,124
69,696
63,762
6,914
62,685
69,696
63,762
6,961
62,735
6,914
6,866
6,914
63,762
6,260
6,260
6,961
62,685
62,685
69,696
6
69,696
63,762
6,587
6,866
695,000
615,000
683,047
689
6,507
647,589
642,541
6.2
6,250
6,703
6,684
6,703
6,356
65,788
62,895
61,479
6,703
6,703
6,876
6,731
6.5
6.8
6.2
67,555
62,685
6.4
6.0
62,685
6,914
69,696
63,762
6.8
67,770
66,883
647,589
661,392
610,124
69,696
63,762
6,914
62,685
6,432
6,569
6,197
6,503
6,442
6,089
6,131
6,105
6,427
6,254
6,456
6,201
6,604
6,373
6,129
6,430
6,140
6,413
6,172
6,750
6,856
6,600
697
6,854
6,597
6,064
6,808
6,634
6,017
6,609
6,303
6,360
6,130
6,532
6,472
6,020
6,248
6,794
667
6,408
611
6,904
6,123
6,019
6,744
6,785
6,487
6,386
6,409
6,060
6,326
6,312
6,274
6,144
6,982
6,143
6,932
6,795
6,795
6,930
6,520
6,811
6,951
6,609
6,375
6,684
6,041
6,876
6,113
6,610
6,873
6,927
6,237
6,131
6,691
6,201
6,843
6,116
628
6,241
6,991
608
6,696
6,367
6,987
6,217
6,118
6,652
6,235
6,751
645
691
6,300
6,668
6,154
6,011
6,779
6,099
6,002
6,606
6,418
6,138
6,291
6,841
6,578
6,743
6,819
6,322
624
6,813
6,083
6,193
6,333
6,406
6,609
6,416
6,596
6,163
6,194
665
6,041
6,311
6,051
6,289
6,519
6,758
6,175
6,157
6,402
6,555
6,811
6,335
6,496
628
6,093
6,353
6,578
6,069
6,250
6,906
6,205
6,486
6,000
6,602
6,835
6,449
6,483
6,553
6,123
6,976
6,204
6,597
67,851
60,615
6,765
67,740
6,647
6,042
6,462
6,137
6,559
656
6,304
6,462
66
6,797
6,798
631
628
603
619
6,022
6
6,468
619,501
6,268,909
6.1
6,268,909
6,514
7's 8's 9's
We found 176 numbers that start with the digit 7. Here they are:
77,551
76,359
709,186
726,594
77,684
72,816
7,312
7,011
7,011
701
71
71
72,826
72,845
72,845
701
7,001
7,011
772
7,208
74,545
747,000
78,804
75,042
76,479
709,186
7,508
77.0
7,208
77,551
76,359
783
75,000
7,605
772
71,954
7,420
77.4
75.9
72.1
7
770
711
748
766
7,011
75
7,420
709,186
726,594
77,684
72,816
7,312
7,011
7,513
7,491
7,278
7,481
7,368
7,074
7,169
7,068
7,777
7,320
7,168
7,650
7,518
7,982
7,567
7,772
7,933
7,918
770
7,517
7,136
7,065
7,820
7,361
7,463
7,039
7,758
7,744
7,929
7,006
7,816
7,254
7,812
7,007
7,456
7,173
7,922
7,684
7,449
7,296
7,787
71,741
7,740
7,735
7,597
7,492
7,979
7,783
7,610
7,522
7,039
7,864
7,593
7,930
703
7,193
7,702
7,581
7,926
718
7,238
7,461
7,512
7,968
767
7,434
7,152
7,549
7,263
7,331
7,472
7,059
7,222
7,007
7,084
7,407
727
7,337
7,043
7,473
7,284
7,385
7,148
7,299
7,252
738
7,006
7,253
7,340
7,638
7,657
7,785
7,433
7,522
777
7,920
7,158
7,931
7,740
7,701
7,425
7,664
766
7,775
7,923
78,209
7,492
7,924
738
7,460
7,013
764
7,625
7,612
7,469
7,505
7,212
7,249
7,721
7,258
7,382
7,918
We found 159 numbers that start with the digit 8. Here they are:
86,087
84,232
89
89
8,067
8,643
8,371
8,312
8,471
8,649
8,878
8,649
8,878
8,649
8,878
887
845
8,552
8,480
867
870
85,916
85,880
84
80,669
8
84
881.8
805
8,400
8,586
82.0
8
8.4
89
86,087
84,232
841
8,787
8,024
8,596
8,090
8,640
8,225
8,272
8,729
871
8,113
8,710
844
8,822
8,954
8,061
8,551
821
8,358
8,892
8,829
8,210
8,367
854
8,183
8,108
8,334
8,480
8,109
8,500
8,452
8,352
8,743
8,150
8,357
8,526
8,912
8,788
8,072
8,055
8,916
8,618
803
8,602
8,165
8,718
8,325
8,933
8,822
8,994
8,434
8,773
8,458
8,038
8,668
8,782
8,421
8,934
8,393
8,548
8,355
870
8,507
8,859
8,333
842
8,130
8,040
8,254
8,909
8,252
8,366
8,422
8,097
8,105
8,190
8,332
8,390
8,496
804
882
8,424
8,802
8,993
8,247
8,841
8,186
8,490
8,614
885
8,869
8,512
8,512
8,678
8,388
8,378
8,487
827
812
8,730
8,567
8,193
882
8,175
8,696
8,499
888
8,153
8,804
8,839
846
8,593
867
8,805
8,887
844
8,596
8,358
8,725
850
8,352
8,132
We found 168 numbers that start with the digit 9. Here they are:
9,646
96,990
929
929
929
9,697
90
9,650
9,697
95,084
95,262
929
97,685
922
9,892
9,614
9
9,569
9,539
9
95,766
998
9
9,490
9.7
9
9,037
97,563
92,000
99.832
98.576
98.458
90
92,000
92,805
9,768
96
9,410
9.4
9,646
9
9
92,000
92,445
9,646
96,990
920
9,409
9,504
9,464
9,434
9,578
9,291
9,346
9,359
9,140
9,000
9,409
9,679
9,914
9,027
9,384
9,395
9,388
9,028
981
9,250
9,691
9,502
9,705
9,458
9,845
9,204
963
9,630
9,089
9,661
9,834
9,435
9,342
9,703
9,083
9,243
9,824
9,119
9,355
9,072
9,919
9,834
9,388
9,414
919
9,200
9,553
9,643
9,290
9,532
9,247
9,967
9,765
9,360
9,161
942
9,915
9,267
9,765
9,143
9,025
9,318
9,824
9,774
962
9,164
9,579
9,833
9,955
9,598
925
9,746
9,331
9,100
9,619
9,752
9,128
9,178
9,986
9,038
9,433
9,459
9,230
9,947
9,756
9,834
9,734
987
9,068
9,212
9,329
9,980
9,800
9,984
9,604
923
9,468
9,765
9,053
931
973
9,184
9,834
9,410
989
9,762
9,281
919
9,521
9,348
945
9,897
9,918
9,704
9,898
9,882
9,978
9,951
9,951
98,939
94,446
While the above PECO 10K Filed 2/10/2026 is interesting in isolation, we have found that it is also useful to take a look at older Phillips Edison & Company, Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10K Filed 2/10/2026 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical PECO 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

30.2
15.8
12.5
9.8
8.8
7.6
5.4
4.9
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 3,271

= Typical PECO range from 3/12/2021 to 2/10/2026
30.7
24.0
12.7
9.8
10.5
5.4
2.7
1.8
2.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 60
XBRL?   [ original filing ]
Total numbers found: 551

= Typical PECO range from 3/12/2021 to 2/10/2026
34.8
15.7
16.8
9.2
4.6
6.0
4.0
4.7
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL?   [ original filing ]
Total numbers found: 696

= Typical PECO range from 3/12/2021 to 2/10/2026
33.7
16.2
15.0
8.9
6.4
3.1
5.8
5.0
5.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 753

= Typical PECO range from 3/12/2021 to 2/10/2026
28.1
17.7
11.9
9.9
8.9
7.7
5.3
5.0
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 3,075

= Typical PECO range from 3/12/2021 to 2/10/2026
37.7
16.4
13.4
8.6
7.9
4.1
4.4
1.8
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 567

= Typical PECO range from 3/12/2021 to 2/10/2026
28.5
21.5
11.2
10.4
8.3
6.3
4.1
3.5
6.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 734

= Typical PECO range from 3/12/2021 to 2/10/2026
29.1
18.9
17.5
10.9
6.9
5.7
2.9
4.1
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 788

= Typical PECO range from 3/12/2021 to 2/10/2026
28.7
16.3
12.5
9.9
8.8
7.7
5.6
4.6
5.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 3,279

= Typical PECO range from 3/12/2021 to 2/10/2026
35.4
17.4
10.6
10.6
6.7
6.7
3.5
3.3
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 489

= Typical PECO range from 3/12/2021 to 2/10/2026
34.2
17.3
13.4
10.2
5.3
7.1
5.2
3.2
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 716

= Typical PECO range from 3/12/2021 to 2/10/2026
31.5
20.7
15.9
7.7
6.5
3.1
4.7
3.5
6.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 74
XBRL?   [ original filing ]
Total numbers found: 779

= Typical PECO range from 3/12/2021 to 2/10/2026
27.4
18.2
12.0
9.3
8.8
8.3
5.4
5.6
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 3,077

= Typical PECO range from 3/12/2021 to 2/10/2026
33.9
21.2
11.5
11.3
7.1
2.6
4.4
3.2
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 504

= Typical PECO range from 3/12/2021 to 2/10/2026
32.0
17.6
18.0
11.0
7.1
4.5
3.9
3.1
2.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 774

= Typical PECO range from 3/12/2021 to 2/10/2026
33.2
15.0
15.8
11.4
5.6
5.1
3.9
4.7
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 74
XBRL?   [ original filing ]
Total numbers found: 745

= Typical PECO range from 3/12/2021 to 2/10/2026
29.6
16.5
12.2
9.8
8.8
7.4
5.4
4.9
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 3,143

= Typical PECO range from 3/12/2021 to 2/10/2026
38.0
16.9
11.8
8.0
7.6
4.3
5.3
2.7
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 510

= Typical PECO range from 3/12/2021 to 2/10/2026
30.7
20.4
11.5
10.0
5.7
7.7
5.5
3.4
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 758

= Typical PECO range from 3/12/2021 to 2/10/2026
33.3
19.2
14.7
7.8
8.3
3.9
4.1
2.8
6.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 72
XBRL?   [ original filing ]
Total numbers found: 787

= Typical PECO range from 3/12/2021 to 2/10/2026
28.1
17.0
11.7
9.9
8.9
8.0
6.1
5.8
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 3,169

= Typical PECO range from 3/12/2021 to 2/10/2026
 

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