Phillips Edison & Company, Inc. (PECO)

Phillips Edison & Company Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	127.32	122.97	69.7	63.76	54.53	17.23
Depreciation & Amortization	266.63	266.37	253.02	236.44	236.22	221.43
Stock-Based Compensation	11.69	11.68	9.7	6.87	15.41	16.39
Other Adjustments	-51.09	-50.19	-7.44	-6.69	-15.08	3.83
Changes in Other Operating Activities	-11.38	-2.68	9.74	-9.41	-0.19	4.01
Operating Cash Flow	343.16	348.15	334.71	290.97	290.89	262.9
Operating Cash Flow Growth	3.33%	4.01%	15.03%	0.03%	10.65%	24.85%
Capital Expenditures	-483.77	-496.36	-391.35	-365.52	-386.5	-383.39
Sale of Property, Plant & Equipment	136.14	121.66	-0.02	7.21	52.02	206.38
Purchases of Investments	-18.02	-22.01	-12.45	-	4.15	-8.51
Proceeds from Sale of Investments	2.78	2	7.64	2.37	-0.92	5.04
Other Investing Activities	6.16	2.42	3.24	2.56	-	-
Investing Cash Flow	-356.58	-392.29	-392.94	-353.39	-331.25	-180.49
Short-Term Debt Issued	665	747	474	503	376	9
Short-Term Debt Repaid	-706	-695	-615	-401	-297	-9
Net Short-Term Debt Issued (Repaid)	-41	52	-141	102	79	0
Long-Term Debt Issued	692.8	346.3	683.05	58	-	822.02
Long-Term Debt Repaid	-446.81	-145.58	-408.47	-101.5	-81.92	-1,230
Net Long-Term Debt Issued (Repaid)	245.99	200.71	274.58	-43.5	-81.92	-407.7
Issuance of Common Stock	-	-	74.55	149.14	90.12	547.4
Repurchase of Common Stock	-	-	-	-	-	-77.77
Net Common Stock Issued (Repurchased)	-	-	74.55	149.14	90.12	469.64
Common Dividends Paid	-160.46	-157.28	-134.02	-135.75	-127.08	-106.7
Other Financing Activities	-16.61	-16.63	-16.1	-17.94	-17.95	-54.06
Financing Cash Flow	27.92	78.8	58.01	53.95	-57.83	-98.82
Net Cash Flow	-6.45	34.66	-0.23	-8.47	-98.18	-16.41
Free Cash Flow	-140.61	-148.21	-56.64	-74.56	-95.61	-120.49
FCF Margin	-19.03%	-20.40%	-8.56%	-12.22%	-16.62%	-22.61%
Free Cash Flow Per Share	-1.04	-1.07	-0.41	-0.56	-0.73	-1.03
Levered Free Cash Flow	91.84	143.02	74.68	-16.24	-98.85	-548.41
Unlevered Free Cash Flow	-21.4	-33.82	43.85	15.7	-20.1	-60.41

Updated Apr 23, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

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