Phillips Edison & Company, Inc. (PECO)

Phillips Edison & Company Income Statement

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

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Rental Revenue	732.27	721.28	709.19	695.4	678.89	663.7	647.59	629.36	617.15	607.84	597.5	587.98	581.27	569.52	560.54	551.55	537.52	530.62	519.5	504.85
Other Revenue	18.62	17.74	17.41	16.38	15.75	14.7	13.8	13.43	12.59	12.52	12.62	12.74	12.63	14.76	14.83	15.85	16.56	14.01	13.35	11.7
Total Revenue	750.89	739.02	726.59	711.78	694.64	678.4	661.39	642.79	629.74	620.36	610.12	600.71	593.89	584.27	575.37	567.39	554.07	544.63	532.85	516.54
Revenue Growth (YoY (YoY)	8.10%	8.94%	9.86%	10.73%	10.31%	9.36%	8.40%	7.00%	6.04%	6.18%	6.04%	5.87%	7.19%	7.28%	7.98%	9.84%	8.45%	9.61%	6.99%	0.77%
Property Expenses	217.77	213.78	209.74	205	199.67	195.94	190.32	184.99	181.19	177.39	175.12	171.45	169.28	165.53	163.22	164.02	160.87	160.33	158.3	156.98
Selling, General & Administrative	52.15	51.5	51.64	49.31	47.67	45.88	45.61	44.82	44.09	44.65	44.37	45.09	45.55	45.24	45.24	49.67	50.45	51.01	48.82	44.15
Depreciation & Amortization	262.27	266.63	266.37	265.39	268.12	258.08	253.02	249.28	239.66	238.15	236.44	235.09	236.39	237.5	236.22	233.61	227.5	223.32	221.43	221.82
Total Operating Expenses	532.19	531.9	527.75	519.7	515.46	499.91	488.94	479.09	464.94	460.19	455.93	451.62	451.22	448.26	444.68	447.29	438.82	434.66	428.55	422.94
Operating Income	218.7	207.12	198.85	192.08	179.18	178.49	172.45	163.71	164.8	160.18	154.2	149.09	142.68	136.01	130.69	120.1	115.26	109.97	104.3	93.6
Interest Expense	-107.73	-105.76	-102.48	-99.35	-94.25	-89.92	-87.58	-84.88	-82.33	-79.78	-84.23	-72.6	-69.65	-64.26	-71.2	-63.04	-62.23	-65.68	-76.37	-68.29
Income (Loss) on Equity Investments	-0.19	-0.16	-0.08	0.34	0.37	0.18	0.09	0.06	0.18	0.31	-	0.39	0.3	1.42	-	2.15	2.07	0.93	-	1.22
Other Non-Operating Income	-9.33	-11.31	-10.71	-10.88	-11.71	-12.24	-12.12	-11.82	-13.02	-12.18	-4.31	-12.56	-13.83	-17.25	-10.35	-17.83	-16.07	-12.52	-34.36	-10.27
EBT Excluding Unusual Items	101.45	89.89	85.58	82.19	73.59	76.5	72.84	67.06	69.63	68.53	65.65	64.32	59.51	55.93	49.14	41.38	39.03	32.69	-6.43	16.26
Gain (Loss) on Sale of Investments	-	-	-	-	-	-	-	-	-3	-3	-3	-3	-	-	-	-	-	-	-	-
Gain (Loss) on Sale of Assets	59.45	40	38.79	9.8	5.53	5.58	-0.03	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
Asset Writedown	-	-	-	-	-	-	-	-	-	-	-	-0.32	-0.32	-0.32	-0.32	-	-0.7	-1.75	-6.75	-9.18
Other Unusual Items	-1.17	-1.17	-0.09	-0.06	-1.29	-1.29	-1.29	-1.23	-0.38	-0.37	-	-0.37	0.01	-0.13	-1.81	-11.08	-17.76	-20.05	-	-25.72
Pretax Income	159.73	128.72	124.28	91.93	77.83	80.79	71.52	65.83	66.33	65.33	63.76	65.07	63.57	62.57	54.53	33.19	37.57	28.84	17.23	10.92
Income Tax Expense	1.41	1.4	1.31	1.37	1.6	1.83	1.82	1.13	0.8	0.58	-	0.79	0.85	0.81	-	0.2	0.19	0.33	-	0.61
Earnings From Continuing Operations	158.32	127.32	122.97	90.55	76.23	78.96	69.7	64.7	65.53	64.75	63.76	64.28	62.72	61.77	54.53	32.99	37.38	28.51	17.23	10.32
Minority Interest in Earnings	-14.61	-11.95	-11.67	-8.63	-7.39	-7.64	-7.01	-6.63	-6.81	-6.85	-6.91	-7.28	-6.94	-6.9	-6.21	-3.55	-4.35	-3.42	-2.11	-1.18
Net Income	143.71	115.37	111.3	81.92	68.84	71.32	62.69	58.08	58.72	57.9	56.85	56.99	55.79	54.86	48.32	29.44	33.03	25.1	15.12	9.14
Net Income to Common	143.71	115.37	111.3	81.92	68.84	71.32	62.69	58.08	58.72	57.9	56.85	56.99	55.79	54.86	48.32	29.44	33.03	25.1	15.12	9.14
Net Income Growth (YoY)	108.76%	61.76%	77.56%	41.06%	17.23%	23.19%	10.27%	1.90%	5.26%	5.53%	17.64%	93.62%	68.89%	118.60%	219.57%	222.16%	425.30%	-	216.87%	-54.49%
Basic Shares Outstanding	126	126	126	125	124	123	123	122	121	120	118	117	117	116	115	114	113	107	102	98
Diluted Shares Outstanding	139	139	139	139	138	137	137	136	135	134	133	132	132	131	130	130	128	122	117	112
Shares Change (YoY)	0.68%	1.17%	1.52%	1.92%	2.12%	2.46%	2.90%	2.90%	2.50%	2.21%	2.02%	1.88%	3.42%	7.49%	11.71%	15.86%	16.87%	27.18%	4.96%	1.02%
EPS (Basic)	1.14	0.92	0.89	0.66	0.55	0.58	0.51	0.48	0.49	0.48	0.48	0.49	0.48	0.47	0.42	0.26	0.29	0.23	0.15	0.09
EPS (Diluted)	1.14	0.92	0.89	0.65	0.55	0.57	0.51	0.48	0.48	0.48	0.48	0.49	0.48	0.47	0.42	0.25	0.29	0.23	0.15	0.09
EPS Growth (YoY)	106.28%	59.38%	73.80%	37.32%	13.92%	19.02%	6.23%	-1.97%	1.93%	2.57%	14.61%	90.85%	62.26%	101.52%	183.34%	176.05%	345.26%	-	200.50%	-55.72%

Additional Metrics

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Dividend Per Share	1.288	1.271	1.253	1.236	1.220	1.205	1.190	1.175	1.162	1.149	1.136	1.124	1.113	1.103	1.093	1.083	1.575	1.050	1.035	0.850
Dividend Growth (YoY)	5.57%	5.44%	5.31%	5.17%	5.03%	4.87%	4.72%	4.56%	4.37%	4.16%	3.95%	3.74%	-29.33%	5.06%	5.62%	27.45%	1752.94%	215.79%	76.17%	-16.05%
Operating Margin	29.13%	28.03%	27.37%	26.99%	25.80%	26.31%	26.07%	25.47%	26.17%	25.82%	25.27%	24.82%	24.02%	23.28%	22.71%	21.17%	20.80%	20.19%	19.57%	18.12%
Profit Margin	19.14%	15.61%	15.32%	11.51%	9.91%	10.51%	9.48%	9.04%	9.32%	9.33%	9.32%	9.49%	9.39%	9.39%	8.40%	5.19%	5.96%	4.61%	2.84%	1.77%
EBITDA	462.84	456.12	448.1	441.43	431.72	421.55	410.97	401.73	393.65	387.83	380.34	382.34	374.34	368.96	355.62	349.09	338.82	329.54	322.15	311.77
EBITDA Margin	61.64%	61.72%	61.67%	62.02%	62.15%	62.14%	62.14%	62.50%	62.51%	62.52%	62.34%	63.65%	63.03%	63.15%	61.81%	61.53%	61.15%	60.51%	60.46%	60.36%
D&A For Ebitda	244.13	249	249.25	249.35	252.54	243.07	238.52	238.03	228.85	227.66	226.14	233.25	231.66	232.95	224.93	228.99	223.56	219.57	217.85	218.17
EBIT	218.7	207.12	198.85	192.08	179.18	178.49	172.45	163.71	164.8	160.18	154.2	149.09	142.68	136.01	130.69	120.1	115.26	109.97	104.3	93.6
EBIT Margin	29.13%	28.03%	27.37%	26.99%	25.79%	26.31%	26.07%	25.47%	26.17%	25.82%	25.27%	24.82%	24.02%	23.28%	22.71%	21.17%	20.80%	20.19%	19.57%	18.12%
Funds From Operations (FFO)	364.67	356.96	353.09	348.11	340.41	332.76	323.77	314.82	305.73	303.26	299.55	295.29	294.81	290.04	280.75	259.56	244.51	233.28	211.2	207.83
FFO Per Share	2.62	2.57	2.54	2.51	2.47	2.42	2.37	2.31	2.26	2.26	2.25	2.23	2.23	2.21	2.15	2.00	1.92	1.91	1.81	1.86
Adjusted Funds From Operations (AFFO)	-	-	294.45	-	-	-	273.19	-	-	-	299.55	-	-	-	280.75	-	-	-	211.2	-
AFFO Per Share	-	-	2.12	-	-	-	2.00	-	-	-	2.25	-	-	-	2.15	-	-	-	1.81	-
FFO Payout Ratio	44.66%	44.95%	44.54%	44.61%	48.27%	44.95%	41.39%	45.74%	42.34%	45.65%	45.32%	45.14%	44.58%	44.63%	45.27%	48.21%	49.23%	48.58%	50.52%	36.53%
Effective Tax Rate	0.88%	1.09%	1.05%	1.49%	2.06%	2.27%	2.55%	1.71%	1.21%	0.88%	-	1.21%	1.33%	1.29%	-	0.61%	0.51%	1.13%	-	5.54%
Revenue as Reported	750.89	739.02	726.59	711.78	694.64	678.4	661.39	642.79	629.74	620.36	610.12	600.71	593.89	584.27	575.37	567.39	554.07	544.63	532.85	516.54

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 26, 2026

Data Sources Report a data error