Phillips Edison & Co (PECO) financial statements
Phillips Edison & Co reported revenue of $13M in fiscal 2025, up 5.7% a year over 8 years.
Net income was $111M.
The diluted share count rose 123% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Phillips Edison & Co's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $8M | $33M | $12M | $10M | $10M | $12M | $10M | $11M | $13M |
| Selling, general and admin | $38M | $37M | $50M | $49M | $41M | $49M | $45M | $44M | $46M | $52M |
| Operating income | — | — | -$44M | -$79M | -$78M | -$83M | -$84M | -$93M | -$102M | -$111M |
| Interest expense | $32M | $46M | $73M | $103M | $85M | $76M | $71M | $84M | $97M | — |
| Income tax | — | — | — | — | — | — | -$800,000 | $400,000 | $2M | $1M |
| Net income | $9M | -$38M | $39M | -$64M | $5M | $15M | $48M | $57M | $63M | $111M |
| EPS (diluted) | $0.15 | -$0.63 | $0.60 | -$0.67 | $0.05 | $0.15 | $0.42 | $0.48 | $0.51 | $0.89 |
| Diluted shares | 62M | 65M | 80M | 109M | 111M | 117M | 130M | 133M | 137M | 139M |
| Operating margin | — | — | -134.5% | -678.3% | -790.9% | -799.0% | -726.3% | -960.6% | -949.6% | -869.7% |
| Net margin | — | -470.7% | 118.9% | -543.9% | 48.6% | 146.3% | 418.7% | 589.3% | 584.1% | 872.9% |
Balance sheet
Fiscal years, from Phillips Edison & Co's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $8M | $6M | $17M | $18M | $104M | $93M | $5M | $5M | $5M | $4M |
| Goodwill | $0 | $29M | $29M | $29M | $29M | $29M | $29M | $29M | $29M | $29M |
| Total assets | $2.4B | $3.5B | $5.2B | $4.8B | $4.7B | $4.7B | $4.7B | $4.9B | $5.0B | $5.3B |
| Total liabilities | $1.2B | $2.0B | $2.8B | $2.7B | $2.7B | $2.2B | $2.1B | $2.2B | $2.4B | $2.7B |
| Shareholders' equity | $1.2B | $1.0B | $2.0B | $1.8B | $1.7B | $2.1B | $2.2B | $2.3B | $2.3B | $2.3B |
| Net debt | -$8M | -$6M | -$17M | -$18M | -$104M | -$93M | -$5M | -$5M | -$5M | -$4M |
Cash flow
Fiscal years, from Phillips Edison & Co's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $103M | $109M | $153M | $227M | $211M | $263M | $291M | $291M | $335M | $348M |
| Stock-based compensation | $0 | $0 | $5M | $8M | $6M | $16M | $15M | $7M | $10M | $12M |
| Dividends paid | $64M | $74M | $81M | $123M | $49M | $107M | $127M | $136M | $134M | $157M |
| Share buybacks (net) | -$20M | -$47M | -$53M | -$35M | -$5M | -$78M | $0 | $0 | — | — |
| Net borrowing | -$111M | -$83M | $321M | -$19M | -$65M | -$408M | -$82M | -$44M | -$408M | -$146M |
| Dividends per share | $1.03 | $1.13 | $1.00 | $1.13 | $0.44 | $0.91 | $0.98 | $1.02 | $0.98 | $1.13 |
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What was Phillips Edison & Co's revenue in 2025?
$13M in fiscal 2025, from its 10-K filing.
From Phillips Edison & Co's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.