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6Apr 23, 2026·SEC
Feb 26, 2026·SEC
Feb 12, 2026·SEC
Phillips Edison & Company, Inc. (PECO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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Phillips Edison & Company, Inc. (PECO) stock price & volume — 10-year historical chart
Phillips Edison & Company, Inc. (PECO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Phillips Edison & Company, Inc. (PECO) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 23, 2026 | $0.24vs $0.17+39.1% | $186Mvs $184M+1.4% |
| Q1 2026 | Feb 5, 2026 | $0.38vs $0.16+135.3% | $183Mvs $168M+9.3% |
| Q4 2025 | Oct 23, 2025 | $0.20vs $0.64-68.8% | $294Mvs $183M+60.8% |
| Q3 2025 | Jul 24, 2025 | $0.10vs $0.63-84.1% | $178Mvs $176M+0.9% |
Phillips Edison & Company, Inc. (PECO) competitors in Open-Air Shopping Centers — business model, growth, and fundamentals comparison
Phillips Edison & Company, Inc. (PECO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Phillips Edison & Company, Inc. (PECO) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 311.54M | 430.39M | 536.71M | 498.02M | 532.85M | 575.37M | 610.12M | 661.39M | 732.3M | 739.02M |
Revenue Growth % | 20.88% | 38.15% | 24.7% | -7.21% | 6.99% | 7.98% | 6.04% | 8.4% | 10.72% | 8.94% |
Property Operating Expenses | 97.28M | 132.54M | 161.06M | 154.51M | 158.29M | 163.22M | 175.12M | 190.32M | 742.48M | 213.78M |
Net Operating Income (NOI) | 214.26M▲ 0% | 297.85M▲ 39.0% | 375.64M▲ 26.1% | 343.51M▼ 8.6% | 374.55M▲ 9.0% | 412.15M▲ 10.0% | 435M▲ 5.5% | 471.07M▲ 8.3% | -10.19M▼ 102.2% | 525.25M▲ 0% |
NOI Margin % | 68.77% | 69.2% | 69.99% | 68.98% | 70.29% | 71.63% | 71.3% | 71.22% | -1.39% | 71.07% |
Operating Expenses | 60.91M | 50.41M | 48.52M | 41.38M | 48.82M | 45.23M | 44.37M | 45.61M | -209.03M | 247.63M |
G&A Expenses | 60.91M | 50.41M | 48.52M | 41.38M | 48.82M | 45.23M | 44.37M | 45.61M | 51.64M | 51.49M |
EBITDA | 281.42M | 434.77M | 559.8M | 523.63M | 543.58M | 591.85M | 616.78M | 663.99M | 465.22M | 542.12M |
EBITDA Margin % | 90.33% | 101.02% | 104.3% | 105.14% | 102.02% | 102.86% | 101.09% | 100.39% | 63.53% | 73.36% |
Depreciation & Amortization | 128.07M | 187.33M | 232.69M | 221.51M | 217.85M | 224.93M | 226.14M | 238.52M | 266.37M | 264.5M |
D&A / Revenue % | 41.11% | 43.53% | 43.35% | 44.48% | 40.88% | 39.09% | 37.06% | 36.06% | 36.38% | 35.79% |
Operating Income | 153.35M▲ 0% | 247.44M▲ 61.4% | 327.12M▲ 32.2% | 302.13M▼ 7.6% | 325.73M▲ 7.8% | 366.91M▲ 12.6% | 390.64M▲ 6.5% | 425.46M▲ 8.9% | 198.85M▼ 53.3% | 277.62M▲ 0% |
Operating Margin % | 49.22% | 57.49% | 60.95% | 60.67% | 61.13% | 63.77% | 64.03% | 64.33% | 27.15% | 37.57% |
Interest Expense | 45.66M | 72.64M | 103.17M | 85.3M | 76.37M | 71.2M | 83.86M | 95.7M | 110.25M | 2M |
Interest Coverage | 0.50x | 0.77x | 0.87x | 0.91x | 1.37x | 1.84x | 1.84x | 1.80x | 2.17x | - |
Non-Operating Income | 130.67M | 191.28M | 236.87M | 224.68M | 221.43M | 236.22M | 236.44M | 253.02M | -40.53M | 39.48M |
Pretax Income | -41.72M▲ 0% | 46.98M▲ 212.6% | -72.83M▼ 255.0% | 5.46M▲ 107.5% | 17.23M▲ 215.5% | 54.53M▲ 216.4% | 64.2M▲ 17.7% | 71.52M▲ 11.4% | 124.28M▲ 73.8% | 124.91M▲ 0% |
Pretax Margin % | -13.39% | 10.91% | -13.57% | 1.1% | 3.23% | 9.48% | 10.52% | 10.81% | 16.97% | 16.9% |
Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 438K | 1.82M | 1.31M | 453K |
Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0.68% | 2.55% | 1.05% | 0.36% |
Net Income | -38.39M▲ 0% | 39.14M▲ 201.9% | -63.53M▼ 262.3% | 4.77M▲ 107.5% | 15.12M▲ 216.9% | 48.32M▲ 219.6% | 56.85M▲ 17.6% | 62.69M▲ 10.3% | 111.3M▲ 77.6% | 115.35M▲ 0% |
Net Margin % | -12.32% | 9.09% | -11.84% | 0.96% | 2.84% | 8.4% | 9.32% | 9.48% | 15.2% | 15.61% |
Net Income Growth % | -529.81% | 201.95% | -262.33% | 107.51% | 216.87% | 219.58% | 17.64% | 10.27% | 77.56% | 61.72% |
Funds From Operations (FFO) | 89.68M▲ 0% | 226.47M▲ 152.5% | 169.15M▼ 25.3% | 226.28M▲ 33.8% | 232.97M▲ 3.0% | 273.26M▲ 17.3% | 282.99M▲ 3.6% | 301.21M▲ 6.4% | 377.68M▲ 25.4% | 379.85M▲ 0% |
FFO Margin % | 28.79% | 52.62% | 31.52% | 45.44% | 43.72% | 47.49% | 46.38% | 45.54% | 51.57% | 51.4% |
FFO Growth % | -19.21% | 152.53% | -25.31% | 33.77% | 2.96% | 17.29% | 3.56% | 6.44% | 25.39% | 87.74% |
FFO per Share | 1.37 | 2.81 | 1.55 | 2.04 | 2.00 | 2.10 | 2.13 | 2.20 | 2.72 | 3.04 |
FFO Payout Ratio % | 82.73% | 35.65% | 72.8% | 21.8% | 45.8% | 46.51% | 47.97% | 44.49% | 41.64% | 27.83% |
EPS (Diluted) | -0.64▲ 0% | 0.59▲ 192.2% | -0.67▼ 213.6% | 0.05▲ 107.3% | 0.13▲ 164.8% | 0.42▲ 223.1% | 0.48▲ 14.3% | 0.51▲ 6.3% | 0.89▲ 74.5% | 0.92▲ 0% |
EPS Growth % | -526.67% | 192.19% | -213.56% | 107.33% | 164.77% | 223.08% | 14.29% | 6.25% | 74.51% | 61.44% |
EPS (Basic) | -0.63 | 0.60 | -0.67 | 0.05 | 0.15 | 0.42 | 0.48 | 0.51 | 0.90 | - |
Diluted Shares Outstanding | 65.5M | 80.46M | 109.04M | 111.16M | 116.67M | 130.33M | 132.97M | 136.82M | 138.9M | 125M |
Phillips Edison & Company, Inc. (PECO) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Assets | 3.53B | 5.16B | 4.83B | 4.68B | 4.67B | 4.74B | 4.87B | 5.05B | 5.29B | 7.02B |
Asset Growth % | 48.14% | 46.44% | -6.49% | -3.1% | -0.21% | 1.43% | 2.75% | 3.71% | 4.76% | 54.43% |
Real Estate & Other Assets | 37.41M | -209.88M | 126.25M | 4.37B | 4.37B | 4.52B | 4.65B | 43.89M | 4.98B | 0 |
PP&E (Net) | 10.31M | 14.31M | 19.43M | 21.58M | 24.82M | 23.05M | 24.07M | 4.58B | 30.06M | 625.24M |
Investment Securities | 902K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
Total Current Assets | 97.19M | 106.79M | 101.15M | 211.67M | 200.32M | 115.07M | 125.08M | 145.59M | 193.89M | 3.14M |
Cash & Equivalents | 5.72M | 16.79M | 17.82M | 104.3M | 92.58M | 5.48M | 4.87M | 4.88M | 3.54M | 3.14M |
Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
Other Current Assets | 21.73M | 67.51M | 1.14M | 18.95M | 11.29M | -2.7M | 4.01M | 21.35M | 39.77M | 0 |
Intangible Assets | 55.1M | 14.05M | 2.44M | 6.8M | 6.71M | 6.69M | 6.69M | 206.65M | 6.7M | 0 |
Total Liabilities | 2.05B | 2.75B | 2.66B | 2.66B | 2.19B | 2.14B | 2.21B | 2.41B | 2.7B | 2.77B |
Total Debt | 1.81B | 2.51B | 2.47B | 2.39B | 2B | 2.01B | 2.08B | 2.11B | 2.49B | 0 |
Net Debt | 1.8B | 2.5B | 2.45B | 2.29B | 1.91B | 2B | 2.07B | 2.11B | 2.49B | -3.14M |
Long-Term Debt | 1.81B | 2.44B | 2.35B | 2.29B | 1.89B | 1.82B | 1.79B | 2.07B | 2.28B | 0 |
Short-Term Borrowings | 61.57M | 73.36M | 0 | 0 | 0 | 79M | 181M | 37.64M | 92M | 0 |
Capital Lease Obligations | 0 | 132.66M | 112.76M | 101.91M | 108.29M | 110.38M | 108.53M | 4.75M | 118.84M | 358.38M |
Total Current Liabilities | 149.78M | 126.67M | 140.01M | 191.52M | 116.66M | 210.67M | 315.82M | 195.64M | 295.38M | 23.25M |
Accounts Payable | 102.64M | 123.04M | 124.05M | 176.94M | 97.23M | 113.19M | 116.46M | 145.38M | 180.33M | 0 |
Deferred Revenue | 2.05B | 14.03M | 15.96M | 14.58M | 19.14M | 18.48M | 18.36M | 22.91M | 23.04M | 23.25M |
Other Liabilities | 90.62M | 38.4M | 37.02M | 76.76M | 76.53M | 0 | 0 | 140.44M | 0 | 2.75B |
Total Equity | 1.48B▲ 0% | 2.41B▲ 63.2% | 2.17B▼ 10.1% | 2.02B▼ 7.0% | 2.48B▲ 22.8% | 2.6B▲ 4.9% | 2.65B▲ 2.2% | 2.63B▼ 0.7% | 2.59B▼ 1.7% | 2.58B▲ 0% |
Equity Growth % | 20.73% | 63.18% | -10.12% | -7.05% | 22.84% | 4.89% | 2.15% | -0.73% | -1.69% | -4.03% |
Shareholders Equity | 1.05B | 2B | 1.81B | 1.69B | 2.15B | 2.24B | 2.31B | 2.32B | 2.29B | 2.28B |
Minority Interest | 432.44M | 414.91M | 354.79M | 325.57M | 326.81M | 360.95M | 343.04M | 314.06M | 302.81M | 301.19M |
Common Stock | 1.85M | 2.8M | 2.89M | 2.8M | 1.13M | 1.17M | 1.22M | 1.25M | 1.26M | 1.26M |
Additional Paid-in Capital | 1.63B | 2.67B | 2.78B | 2.74B | 3.26B | 3.38B | 3.55B | 3.65B | 3.66B | 0 |
Retained Earnings | -601.24M | -692.04M | -947.25M | -999.49M | -1.09B | -1.17B | -1.25B | -1.33B | -1.38B | -1.39B |
Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Return on Assets (ROA) | -1.3% | 0.9% | -1.27% | 0.1% | 0.32% | 1.03% | 1.18% | 1.26% | 2.15% | 2.02% |
Return on Equity (ROE) | -2.84% | 2.01% | -2.77% | 0.23% | 0.67% | 1.9% | 2.17% | 2.37% | 4.26% | 4.46% |
Debt / Assets | 51.25% | 48.65% | 51.08% | 51.18% | 42.82% | 42.37% | 42.7% | 41.9% | 47.17% | 0% |
Debt / Equity | 1.22x | 1.04x | 1.14x | 1.19x | 0.81x | 0.77x | 0.78x | 0.80x | 0.96x | 0.00x |
Net Debt / EBITDA | 6.40x | 5.74x | 4.37x | 4.37x | 3.51x | 3.38x | 3.36x | 3.18x | 5.35x | -0.01x |
Book Value per Share | 22.58 | 29.99 | 19.89 | 18.14 | 21.22 | 19.93 | 19.95 | 19.25 | 18.64 | 20.64 |
Phillips Edison & Company, Inc. (PECO) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 108.86M | 153.29M | 226.88M | 210.58M | 262.9M | 290.89M | 290.97M | 334.71M | 348.15M | 343.16M |
Operating CF Growth % | 5.61% | 40.81% | 48% | -7.18% | 24.85% | 10.65% | 0.03% | 15.03% | 4.02% | 16.09% |
Operating CF / Revenue % | 34.94% | 35.62% | 42.27% | 42.28% | 49.34% | 50.56% | 47.69% | 50.61% | 47.54% | 46.43% |
Net Income | -41.72M | 46.98M | -72.83M | 5.46M | 17.23M | 54.53M | 56.85M | 62.69M | 122.97M | 115.35M |
Depreciation & Amortization | 128.94M | 187.33M | 232.69M | 221.51M | 217.85M | 231.9M | 236.44M | 253.02M | 257.73M | 259.93M |
Stock-Based Compensation | 27.44M | 5.1M | 7.72M | 5.86M | 16.39M | 15.41M | 9.4M | 9.7M | 11.68M | 11.69M |
Other Non-Cash Items | 20.61M | -66.23M | 71.58M | 5.38M | 26.39M | -10.75M | -2.31M | -429K | -41.55M | -77.9M |
Working Capital Changes | 1.03M | -19.88M | -12.28M | -15.89M | 4.01M | -192K | -9.41M | 9.74M | -2.68M | 24.99M |
Cash from Investing | -620.75M | -258.87M | 64.18M | -44.09M | -180.49M | -331.25M | -353.39M | -392.94M | -392.29M | -356.58M |
Acquisitions (Net) | -456.7M | -201.67M | -11.69M | 3.45M | 5.04M | 4.15M | 0 | 0 | -11.83M | -8.7M |
Purchase of Investments | -159.7M | -87.07M | 0 | -41.48M | -8.51M | -3M | 0 | 0 | -8.31M | -6.81M |
Sale of Investments | 37.8M | 78.65M | 0 | 57.9M | 75.03M | 52.02M | 0 | 5.85M | 133K | 963K |
Other Investing | 37.8M | -8.21M | 151.36M | 0 | -177.02M | -279.92M | -258.12M | -303.71M | -236.14M | -205.79M |
Cash from Financing | 509.38M | 162.44M | -280.25M | -129.66M | -98.82M | -57.83M | 53.95M | 58.01M | 78.8M | 27.92M |
Dividends Paid | -74.2M | -80.73M | -123.14M | -49.33M | -106.7M | -127.08M | -135.75M | -134.02M | -157.28M | -105.73M |
Common Dividends | -74.2M | -80.73M | -123.14M | -49.33M | -106.7M | -127.08M | -135.75M | -134.02M | -157.28M | -105.73M |
Debt Issuance (Net) | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | -1000K |
Share Repurchases | -46.54M | -53.15M | -34.67M | -5.27M | -77.77M | 0 | 0 | 0 | 0 | 0 |
Other Financing | -26.1M | -36.3M | -29.68M | -10.08M | -15.01M | -17.95M | -17.93M | -16.1M | -16.63M | 40.53M |
Net Change in Cash | -2.51M▲ 0% | 56.86M▲ 2367.1% | 10.8M▼ 81.0% | 36.83M▲ 240.9% | -16.41M▼ 144.6% | -98.18M▼ 498.4% | -8.47M▲ 91.4% | -229K▲ 97.3% | 34.66M▲ 15236.7% | 14.51M▲ 0% |
Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash at Beginning | 8.22M | 27.45M | 84.3M | 95.11M | 131.94M | 115.53M | 17.35M | 8.88M | 8.65M | 43.31M |
Cash at End | 5.72M | 84.3M | 95.11M | 131.94M | 115.53M | 17.35M | 8.88M | 8.65M | 43.31M | 22.36M |
Free Cash Flow | -92.98M▲ 0% | 104.31M▲ 212.2% | 151.38M▲ 45.1% | 146.61M▼ 3.2% | 187.87M▲ 28.1% | 186.4M▼ 0.8% | 195.71M▲ 5.0% | 239.63M▲ 22.4% | 212M▼ 11.5% | 206.92M▲ 0% |
FCF Growth % | 25.11% | 212.18% | 45.13% | -3.15% | 28.14% | -0.78% | 5% | 22.44% | -11.53% | -7.46% |
FCF / Revenue % | -29.85% | 24.24% | 28.21% | 29.44% | 35.26% | 32.4% | 32.08% | 36.23% | 28.95% | 28% |
Phillips Edison & Company, Inc. (PECO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
FFO per Share | 1.37 | 2.81 | 1.55 | 2.04 | 2 | 2.1 | 2.13 | 2.2 | 2.72 | 3.04 |
FFO Payout Ratio | 82.73% | 35.65% | 72.8% | 21.8% | 45.8% | 46.51% | 47.97% | 44.49% | 41.64% | 27.83% |
NOI Margin | 68.77% | 69.2% | 69.99% | 68.98% | 70.29% | 71.63% | 71.3% | 71.22% | -1.39% | 71.07% |
Net Debt / EBITDA | 6.40x | 5.74x | 4.37x | 4.37x | 3.51x | 3.38x | 3.36x | 3.18x | 5.35x | -0.01x |
Debt / Assets | 51.25% | 48.65% | 51.08% | 51.18% | 42.82% | 42.37% | 42.7% | 41.9% | 47.17% | 0% |
Interest Coverage | 0.50x | 0.77x | 0.87x | 0.91x | 1.37x | 1.84x | 1.84x | 1.80x | 2.17x | - |
Book Value / Share | 22.58 | 29.99 | 19.89 | 18.14 | 21.22 | 19.93 | 19.95 | 19.25 | 18.64 | 20.64 |
Revenue Growth | 20.88% | 38.15% | 24.7% | -7.21% | 6.99% | 7.98% | 6.04% | 8.4% | 10.72% | 8.94% |
Phillips Edison & Company, Inc. (PECO) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 23, 2026·SEC
Feb 26, 2026·SEC
Feb 12, 2026·SEC
Phillips Edison & Company, Inc. (PECO) stock FAQ — growth, dividends, profitability & financials explained
Phillips Edison & Company, Inc. (PECO) reported $739.0M in revenue for fiscal year 2025. This represents a 4111% increase from $17.6M in 2012.
Phillips Edison & Company, Inc. (PECO) grew revenue by 10.7% over the past year. This is steady growth.
Yes, Phillips Edison & Company, Inc. (PECO) is profitable, generating $115.3M in net income for fiscal year 2025 (15.2% net margin).
Yes, Phillips Edison & Company, Inc. (PECO) pays a dividend with a yield of 2.78%. This makes it attractive for income-focused investors.
Phillips Edison & Company, Inc. (PECO) has a return on equity (ROE) of 4.3%. This is below average, suggesting room for improvement.
Phillips Edison & Company, Inc. (PECO) generated Funds From Operations (FFO) of $379.9M in the trailing twelve months. FFO is the primary profitability metric for REITs.