Revenue
$726.59M
Fiscal year ended 2025-12-31Operating income
Unavailable
Fiscal year ended 2025-12-31Free cash flow
Unavailable
Fiscal year ended 2025-12-31Phillips Edison & Company, Inc. (PECO) reported revenue of $726.59M and net income of $111.30M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Phillips Edison & Company, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Real Estate Investment Trusts.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $726.59M | $661.39M | $610.12M | $575.37M | $532.85M | $498.02M | $536.71M | $430.39M | $311.54M | $257.73M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $111.30M | $62.68M | $56.85M | $48.32M | $15.12M | $4.77M | -$63.53M | $39.14M | -$38.39M | $8.93M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 138.90M | shares 136.82M | shares 132.97M | shares 130.33M | shares 116.67M | shares 111.16M | shares 109.04M | shares 241.37M | shares 196.50M | shares 186.66M |
| Pretax income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Income tax expense | $1.30M | $1.80M | $400.00K | -$800.00K | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Diluted EPS | $0.89 | $0.51 | $0.48 | $0.42 | $0.15 | $0.05 | $-0.67 | Unavailable | Unavailable | Unavailable |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $51.64M | $45.61M | $44.37M | $45.24M | $48.82M | $41.38M | $48.52M | $50.41M | $36.88M | $37.61M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $3.54M | $4.88M | $4.87M | $5.48M | $92.58M | $104.30M | $17.82M | $16.79M | $5.72M | $8.22M |
| Total assets | $5.29B | $5.05B | $4.87B | $4.74B | $4.67B | $4.68B | $4.83B | $5.16B | $3.53B | $2.38B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $2.70B | $2.41B | $2.21B | $2.14B | $2.19B | $2.66B | $2.66B | $2.75B | $2.05B | $1.16B |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $2.59B | $2.63B | $2.65B | $2.60B | $2.48B | $2.02B | $2.17B | $2.41B | $1.48B | $1.22B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | $37.27M | $36.76M | $46.89M | $46.12M | $56.10M | $41.21M | $31.03M |
| Goodwill | $29.07M | $29.07M | $29.07M | $29.07M | $29.07M | $29.07M | $29.07M | $29.07M | $29.08M | $0 |
| Long-term debt | $2.38B | $2.11B | $1.97B | $1.90B | $1.89B | $2.29B | $2.35B | $2.44B | $1.81B | $1.06B |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $348.15M | $334.71M | $290.97M | $290.89M | $262.90M | $210.58M | $226.88M | $153.29M | $108.86M | $103.08M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$392.29M | -$392.94M | -$353.39M | -$331.24M | -$180.49M | -$44.09M | $64.18M | -$258.87M | -$640.74M | -$191.33M |
| Financing cash flow | $78.80M | $58.00M | $53.95M | -$57.82M | -$98.82M | -$129.66M | -$280.25M | $162.44M | $509.38M | $90.68M |
| Net change in cash | $34.66M | -$229.00K | -$8.47M | -$98.18M | -$16.41M | $36.83M | $10.80M | $56.86M | -$22.50M | $2.43M |
| Stock-based compensation | $11.68M | $9.70M | $6.87M | $15.41M | $16.39M | $5.86M | $7.72M | $5.10M | $0 | $0 |
| Common dividends paid | $157.28M | $134.02M | $135.75M | $127.08M | $106.70M | $49.33M | $123.14M | $80.73M | $74.20M | $64.27M |
| Common share repurchases | Unavailable | Unavailable | $0 | $0 | $77.76M | $5.27M | $34.68M | $53.15M | $46.54M | $20.30M |
| Depreciation & amortization | $266.37M | $253.02M | $236.44M | $236.22M | $221.43M | $224.68M | $236.87M | $191.28M | $127.16M | $103.28M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 1.6% | 1.5% | 1.1% | 2.7% | 3.1% | 1.2% | 1.4% | 1.2% | 0.0% | 0.0% |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | 9.9% | 8.4% | 6.0% | 8.0% | 7.0% | -7.2% | 24.7% | 38.1% | 20.9% | Unavailable |
| Net margin | 15.3% | 9.5% | 9.3% | 8.4% | 2.8% | 1.0% | -11.8% | 9.1% | -12.3% | 3.5% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 0.92x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open PECO in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-24View SEC filing
10-Q · Filed 2026-04-24View SEC filing
10-K · Filed 2026-02-10View SEC filing
10-Q · Filed 2025-10-24View SEC filing
10-Q · Filed 2025-07-25View SEC filing
10-Q · Filed 2025-04-25View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.