Phillips Edison & Company, Inc. (PECO)
NASDAQ: PECO · Real-Time Price · USD
39.22
-0.21 (-0.53%)
Aug 21, 2026, 9:42 AM EDT - Market open

Phillips Edison & Company Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
143.71111.362.6956.8548.3215.12
Depreciation & Amortization
252.61257.73245.03231.27229.2217.85
Other Amortization
4.184.894.474.243.414.42
Gain (Loss) on Sale of Assets
-59.45-38.790.03-1.11-7.52-30.42
Gain (Loss) on Sale of Investments
---3--
Asset Writedown
--1.4-3.026.75
Stock-Based Compensation
12.111.689.76.8715.4116.39
Income (Loss) on Equity Investments
0.760.770.350.271.252.7
Change in Accounts Payable
26.0614.8326.362.119.968.51
Change in Other Net Operating Assets
-21.01-17.51-16.62-11.52-10.15-4.5
Other Operating Activities
6.123.251.31-1-2.0226.08
Operating Cash Flow
365.07348.15334.71290.97290.89262.9
Operating Cash Flow Growth
4.37%4.01%15.03%0.03%10.65%24.85%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Acquisition of Real Estate Assets
-487.75-496.36-391.37-365.52-386.5-383.39
Sale of Real Estate Assets
198.6121.66-7.2152.02206.38
Net Sale / Acq. of Real Estate Assets
-289.15-374.7-391.37-358.32-334.48-177.02
Investment in Marketable & Equity Securities
-17.45-20.01-4.812.371.15-3.48
Other Investing Activities
3.12.423.242.562.08-
Investing Cash Flow
-299.73-392.29-392.94-353.39-331.25-180.49

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-1,0931,157561376831.02
Long-Term Debt Repaid
--840.58-1,023-502.5-378.92-1,239
Net Debt Issued (Repaid)
51.93252.71133.5858.5-2.92-407.7
Issuance of Common Stock
84.18-74.55149.1490.12547.4
Repurchase of Common Stock
------77.77
Common Dividends Paid
-162.86-157.28-134.02-135.75-127.08-106.7
Other Financing Activities
-17.82-16.63-16.1-17.94-17.95-54.06

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
20.7834.66-0.23-8.47-98.18-16.41

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Levered Free Cash Flow
160.19154.76259.03201.62158.99193.9
Unlevered Free Cash Flow
223.34213.92309.29250.03200.07237.21

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
102.0697.6975.0476.4865.168.09
Cash Income Tax Paid
1.611.610.920.690.190.56
Change in Working Capital
5.05-2.689.74-9.41-0.194.01
SEC Filings: 10-K · 10-Q