Skip to main content
logo
Phillips Edison & Company, Inc. (PECO)
NASDAQ: PECO · Real-Time Price · USD
37.39
+0.27 (0.73%)
At close: Sep 25, 2026, 4:00 PM EDT
37.20
-0.19 (-0.51%)
After-hours: Sep 25, 2026, 7:30 PM EDT

Phillips Edison & Company Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Net Income
143.71115.37111.381.9268.8471.3262.6958.0858.7257.956.8556.9955.7954.8648.3229.4433.0325.115.129.14
Depreciation & Amortization
252.61257.48257.73255.86259.05249.57245.03243.15233.98232.78231.27230.14231.66232.95229.2229.5223.56219.57217.85218.4
Other Amortization
4.184.664.894.564.514.494.474.764.824.544.243.943.593.53.413.353.593.994.424.82
Gain (Loss) on Sale of Assets
-59.45-40-38.79-9.8-5.53-5.580.03-0.01-0.08-0.16-1.11-4.44-4.37-7.09-7.52-2.89-17-17.95-30.42-29.56
Gain (Loss) on Sale of Investments
--------3333--------
Asset Writedown
---1.41.41.41.4----0.320.320.323.02-0.71.756.759.54
Stock-Based Compensation
12.111.6911.6811.2510.2410.319.78.847.987.996.879.0611.9312.7315.4118.9218.7418.4316.3910.85
Income (Loss) on Equity Investments
0.760.750.770.650.570.430.350.280.330.330.270.20.091.261.252.422.411.152.72.66
Change in Accounts Payable
26.067.0314.8313.3427.1113.526.3616.535.11-10.752.11-1.25-0.0815.419.9614.357.8112.938.518.77
Change in Other Net Operating Assets
-21.01-18.42-17.51-22.91-17.11-15.24-16.62-10.05-12.57-3.52-11.52-15.16-15.99-15.88-10.15-5.65-9.6-4.69-4.5-2.5
Other Operating Activities
6.124.593.25-0.170.71.911.311.10.88-0.76-1-1.7-4.14-4.63-2.023.9212.2714.0926.0819.53
Operating Cash Flow
365.07343.16348.15336.09349.77332.11334.71322.69302.18291.34290.97281.12278.78293.43290.89293.35275.5274.37262.9251.64
Operating Cash Flow Growth (YoY)
4.37%3.33%4.01%4.15%15.75%13.99%15.03%14.79%8.39%-0.71%0.03%-4.17%1.19%6.95%10.65%16.57%9.95%22.64%24.85%20.84%

Investing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Acquisition of Real Estate Assets
-487.75-483.77-496.36-508.45-571.73-487.72-391.37-468.8-395.55-341.34-365.52-239.64-290.44-359.76-386.5-549.37-525.84-450.05-383.39-179.93
Sale of Real Estate Assets
198.6136.14121.6615.156.446.47-0.070.126.127.2131.8832.0340.3452.0253.32113.82160.79206.38189.97
Net Sale / Acq. of Real Estate Assets
-289.15-347.63-374.7-493.3-565.29-481.26-391.37-468.74-395.43-335.22-358.32-207.77-258.41-319.42-334.48-496.04-412.02-289.26-177.0210.04
Investment in Marketable & Equity Securities
-17.45-15.1-20.01-16.07-14.11-10.01-4.81-1.332.322.322.372.052.120.981.151.44-4.2-2.42-3.48-2.73
Other Investing Activities
3.12.382.420.730.571.43.243.43.494.292.564.413.942.272.08-----
Investing Cash Flow
-299.73-356.58-392.29-508.63-578.83-489.86-392.94-466.67-389.62-328.61-353.39-201.31-252.36-316.17-331.25-494.6-416.22-291.68-180.497.3

Financing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Long-Term Debt Issued
--1,093---1,157---561---376---831.02-
Total Debt Issued
938.631,3581,093988.11,4211,3011,1571,262895.7527561448415436376624.021,019933.02831.02489
Long-Term Debt Repaid
---840.58----1,023----502.5----378.92----1,239-
Total Debt Repaid
-886.7-1,153-840.58-720.8-1,085-1,053-1,023-1,034-809.93-484.07-502.5-464.77-353.9-361.88-378.92-459.92-1,381-1,341-1,239-1,114
Net Debt Issued (Repaid)
51.93204.99252.71267.31335.97248.21133.58228.3485.7742.9358.5-16.7761.174.12-2.92164.1-362.02-407.71-407.7-624.62
Issuance of Common Stock
84.18--74.5574.5574.5574.5578.28149.14149.14149.1470.8527.1690.1290.1290.12610.37547.4547.4547.4
Repurchase of Common Stock
-------------------77.77-77.82
Common Dividends Paid
-162.86-160.46-157.28-155.29-164.32-149.59-134.02-143.99-129.44-138.45-135.75-133.31-131.43-129.43-127.08-125.15-120.37-113.33-106.7-75.92
Other Financing Activities
-17.82-16.61-16.63-17.53-18.92-17.66-16.1-17.55-16.99-18.22-17.94-16.79-17.03-17.58-17.95-17.59-54.98-53.84-54.06-50.57

Net Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Net Cash Flow
20.7814.5134.66-3.52-1.77-2.24-0.231.091.03-1.87-8.47-16.21-33.77-5.51-98.18-89.77-67.71-44.78-16.41-22.58

Free Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Levered Free Cash Flow
160.19186.16154.76175.1197.52215.35259.03257.51243.76206.7201.62168.26171.46178.52158.99282.37263.03247.01193.9114.78
Unlevered Free Cash Flow
223.34247.6213.92232.63251.92267.06309.29305.8290.4252.03250.03209.69211.4215.18200.07318.42298.33284.07237.21152.64

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash Interest Paid
102.06108.1897.6998.9182.8587.575.0480.1582.7580.6576.4871.767.6165.4165.161.9865.3864.0568.0972.08
Cash Income Tax Paid
1.611.611.610.920.920.920.920.690.690.690.690.190.190.190.190.560.560.560.560.95
Change in Working Capital
5.05-11.38-2.68-9.5710-1.749.746.49-7.46-14.27-9.41-16.41-16.07-0.48-0.198.7-1.798.244.016.27
SEC Filings: 10-K · 10-Q