Phillips Edison & Company, Inc. (PECO)
NASDAQ: PECO · Real-Time Price · USD
41.20
+0.37 (0.91%)
At close: Nov 10, 2026, 4:00 PM EST
41.20
0.00 (0.00%)
After-hours: Nov 10, 2026, 4:15 PM EST
Phillips Edison & Company Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Rental Revenue | 742.92 | 709.19 | 647.59 | 597.5 | 560.54 | 519.5 |
Other Revenue | 18.39 | 17.41 | 13.8 | 12.62 | 14.83 | 13.35 |
| 761.31 | 726.59 | 661.39 | 610.12 | 575.37 | 532.85 | |
Revenue Growth (YoY | 6.96% | 9.86% | 8.40% | 6.04% | 7.98% | 6.99% |
Property Expenses | 219.89 | 209.74 | 190.32 | 175.12 | 163.22 | 158.3 |
Selling, General & Administrative | 51.3 | 51.64 | 45.61 | 44.37 | 45.24 | 48.82 |
Depreciation & Amortization | 265.52 | 266.37 | 253.02 | 236.44 | 236.22 | 221.43 |
Total Operating Expenses | 536.71 | 527.75 | 488.94 | 455.93 | 444.68 | 428.55 |
Operating Income | 224.6 | 198.85 | 172.45 | 154.2 | 130.69 | 104.3 |
Interest Expense | -107.61 | -102.48 | -87.58 | -84.23 | -71.2 | -76.37 |
Income (Loss) on Equity Investments | -0.09 | -0.08 | 0.09 | - | - | - |
Other Non-Operating Income | -10.24 | -10.71 | -12.12 | -4.31 | -10.35 | -34.36 |
EBT Excluding Unusual Items | 106.67 | 85.58 | 72.84 | 65.65 | 49.14 | -6.43 |
Gain (Loss) on Sale of Investments | - | - | - | -3 | - | - |
Gain (Loss) on Sale of Assets | 95.8 | 38.79 | -0.03 | 1.11 | 7.52 | 30.42 |
Asset Writedown | - | - | - | - | -0.32 | -6.75 |
Other Unusual Items | -1.32 | -0.09 | -1.29 | - | -1.81 | - |
Pretax Income | 201.15 | 124.28 | 71.52 | 63.76 | 54.53 | 17.23 |
Income Tax Expense | 1.43 | 1.31 | 1.82 | - | - | - |
Earnings From Continuing Operations | 199.72 | 122.97 | 69.7 | 63.76 | 54.53 | 17.23 |
Minority Interest in Earnings | -18.02 | -11.67 | -7.01 | -6.91 | -6.21 | -2.11 |
Net Income | 181.7 | 111.3 | 62.69 | 56.85 | 48.32 | 15.12 |
Net Income to Common | 181.7 | 111.3 | 62.69 | 56.85 | 48.32 | 15.12 |
Net Income Growth | 121.80% | 77.56% | 10.27% | 17.64% | 219.57% | 216.87% |
Basic Shares Outstanding | 127 | 126 | 123 | 118 | 115 | 102 |
Diluted Shares Outstanding | 140 | 139 | 137 | 133 | 130 | 117 |
Shares Change | 0.72% | 1.52% | 2.90% | 2.02% | 11.71% | 4.96% |
EPS (Basic) | 1.43 | 0.89 | 0.51 | 0.48 | 0.42 | 0.15 |
EPS (Diluted) | 1.43 | 0.89 | 0.51 | 0.48 | 0.42 | 0.15 |
EPS Growth | 118.97% | 73.80% | 6.23% | 14.61% | 183.34% | 200.50% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share | 1.306 | 1.253 | 1.190 | 1.136 | 1.093 | 1.035 |
Dividend Growth | 5.71% | 5.31% | 4.72% | 3.95% | 5.62% | 76.17% |
Operating Margin | 29.50% | 27.37% | 26.07% | 25.27% | 22.71% | 19.57% |
Profit Margin | 23.87% | 15.32% | 9.48% | 9.32% | 8.40% | 2.84% |
EBITDA | 471.58 | 448.1 | 410.97 | 380.34 | 355.62 | 322.15 |
EBITDA Margin | 61.94% | 61.67% | 62.14% | 62.34% | 61.81% | 60.46% |
D&A For Ebitda | 246.99 | 249.25 | 238.52 | 226.14 | 224.93 | 217.85 |
EBIT | 224.6 | 198.85 | 172.45 | 154.2 | 130.69 | 104.3 |
EBIT Margin | 29.50% | 27.37% | 26.07% | 25.27% | 22.71% | 19.57% |
Funds From Operations (FFO) | 373.41 | 353.09 | 323.77 | 299.55 | 280.75 | 211.2 |
FFO Per Share | 2.67 | 2.54 | 2.37 | 2.25 | 2.15 | 1.81 |
Adjusted Funds From Operations (AFFO) | 309.82 | 294.45 | 273.19 | 299.55 | 280.75 | 211.2 |
AFFO Per Share | 2.26 | 2.12 | 2.00 | 2.25 | 2.15 | 1.81 |
FFO Payout Ratio | 44.50% | 44.54% | 41.39% | 45.32% | 45.27% | 50.52% |
Effective Tax Rate | 0.71% | 1.05% | 2.55% | - | - | - |
Revenue as Reported | 761.31 | 726.59 | 661.39 | 610.12 | 575.37 | 532.85 |