Phillips Edison & Company, Inc. (PECO) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Assets | 7.02B | 5.29B | 5.26B | 5.27B | 5.16B | 5.05B | 4.95B | 4.91B | 4.89B | 4.87B | 4.72B | 4.74B | 4.79B | 4.74B | 4.73B | 4.69B | 4.64B | 4.67B | 4.49B | 4.51B |
| Asset Growth % | 35.98% | 4.76% | 6.3% | 7.39% | 5.63% | 3.71% | 4.91% | 3.5% | 2.08% | 2.75% | -0.25% | 0.99% | 3.16% | 1.43% | 5.32% | 4.19% | 1.61% | -0.21% | -4.87% | -4.18% |
| Real Estate & Other Assets | 0 | 4.98B | 4.99B | 5.01B | 4.91B | 43.89M | 4.73B | 4.68B | 4.66B | -30.52M | 4.51B | 33.55M | 4.57B | 4.52B | 4.52B | 4.47B | 4.43B | 4.37B | 4.19B | 4.21B |
| PP&E (Net) | 625.24M | 30.06M | 29.15M | 28.69M | 26.63M | 4.58B | 25.52M | 25.09M | 24.35M | 384K | 23.77M | 4.48B | 23.13M | 23.05M | 27.98M | 27.22M | 25.83M | 24.82M | 23.42M | 22.7M |
| Investment Securities | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Total Current Assets | 3.14M | 193.89M | 163.82M | 151.36M | 143.79M | 135.43M | 129.55M | 130.36M | 133.81M | 125.08M | 120.08M | 149.55M | 119.85M | 115.07M | 114.66M | 131.51M | 110.6M | 200.32M | 209.96M | 199.09M |
| Cash & Equivalents | 3.14M | 3.54M | 4.08M | 5.59M | 5.46M | 4.88M | 6.45M | 7.06M | 5.63M | 4.87M | 3.78M | 5.56M | 6.41M | 5.48M | 4.79M | 24.66M | 5.06M | 92.58M | 24.45M | 22.2M |
| Receivables | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 0 | 39.77M | 2.23M | 3.58M | 2.4M | 3.77M | 2.89M | 3.89M | 4.47M | 4.01M | -9.54M | 42.22M | -17.19M | -2.7M | 298K | 4.49M | -6.12M | 11.29M | 71.14M | 77.46M |
| Intangible Assets | 0 | 6.7M | 6.7M | 6.7M | 6.7M | 206.65M | 6.69M | 6.69M | 6.69M | 216.74M | 6.68M | 6.68M | 6.69M | 6.69M | 6.71M | 6.71M | 6.69M | 6.71M | 6.71M | 6.8M |
| Total Liabilities | 2.77B | 2.7B | 2.68B | 2.68B | 2.54B | 2.41B | 2.37B | 2.29B | 2.25B | 2.21B | 2.11B | 2.18B | 2.21B | 2.14B | 2.12B | 2.1B | 2.1B | 2.19B | 1.99B | 2.51B |
| Total Debt | 0 | 2.49B | 2.5B | 2.51B | 2.4B | 2.11B | 2.22B | 2.16B | 2.13B | 2.08B | 1.98B | 1.95B | 2.08B | 2.01B | 1.98B | 1.99B | 1.98B | 2B | 1.8B | 2.32B |
| Net Debt | -3.14M | 2.49B | 2.5B | 2.51B | 2.39B | 2.11B | 2.21B | 2.15B | 2.12B | 2.07B | 1.97B | 1.95B | 2.07B | 2B | 1.98B | 1.96B | 1.98B | 1.91B | 1.77B | 2.3B |
| Long-Term Debt | 0 | 2.28B | 2.38B | 2.38B | 2.06B | 2.07B | 2.07B | 2B | 1.79B | 1.94B | 1.79B | 1.95B | 1.8B | 1.82B | 1.82B | 1.83B | 1.83B | 1.89B | 1.7B | 2.23B |
| Short-Term Borrowings | 0 | 92M | 3M | 11M | 222M | 37.64M | 36M | 47M | 227M | 28.12M | 82M | 0 | 165M | 79M | 55M | 48M | 46M | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 118.84M | 117.84M | 121.7M | 118.28M | 4.75M | 114.89M | 112.94M | 111.01M | 108.53M | 105.68M | 456K | 111.54M | 110.38M | 109.17M | 109.01M | 108.63M | 108.29M | 96.42M | 94.08M |
| Total Current Liabilities | 23.25M | 295.38M | 182.99M | 171.97M | 367.18M | 195.64M | 187.62M | 183.28M | 349.78M | 315.82M | 217.68M | 98.19M | 300.71M | 210.67M | 189.02M | 162.49M | 162.22M | 116.66M | 117.38M | 108.27M |
| Accounts Payable | 0 | 180.33M | 156.81M | 136.02M | 123.56M | 145.38M | 129.52M | 118.12M | 102.16M | 116.46M | 117.78M | 98.19M | 111.47M | 113.19M | 112.43M | 92.86M | 94.08M | 97.23M | 99.49M | 88.44M |
| Deferred Revenue | 23.25M | 23.04M | 22.72M | 24.95M | 21.62M | 22.91M | 22.1M | 18.16M | 20.62M | 18.36M | 17.9M | 0 | 24.24M | 18.48M | 21.59M | 21.63M | 21.94M | 19.14M | 17.25M | 18.98M |
| Other Liabilities | 2.75B | 0 | 0 | 0 | 0 | 140.44M | 136.9M | 0 | 0 | 144.58M | 0 | 129.89M | 0 | 0 | 0 | 52K | 2.22M | 76.53M | 80.78M | 79.93M |
| Total Equity | 2.58B | 2.59B | 2.58B | 2.59B | 2.62B | 2.63B | 2.58B | 2.62B | 2.64B | 2.65B | 2.61B | 2.56B | 2.57B | 2.6B | 2.61B | 2.59B | 2.54B | 2.48B | 2.5B | 2B |
| Equity Growth % | -1.55% | -1.69% | 0.03% | -0.81% | -0.64% | -0.73% | -1.09% | 2.09% | 2.51% | 2.15% | -0.28% | -1.27% | 1.39% | 4.89% | 4.69% | 30.03% | 26.29% | 22.84% | 18.51% | -4.41% |
| Shareholders Equity | 2.28B | 2.29B | 2.28B | 2.29B | 2.31B | 2.32B | 2.25B | 2.28B | 2.3B | 2.31B | 2.26B | 2.21B | 2.21B | 2.24B | 2.25B | 2.22B | 2.17B | 2.15B | 2.17B | 1.67B |
| Minority Interest | 301.19M | 302.81M | 301.93M | 304.08M | 309.15M | 314.06M | 329.82M | 335.78M | 337.89M | 343.04M | 350.85M | 356.46M | 360.29M | 360.95M | 361.31M | 372.42M | 372.21M | 326.81M | 324.32M | 323.25M |
| Common Stock | 1.26M | 1.26M | 1.26M | 1.26M | 1.25M | 1.25M | 1.23M | 1.22M | 1.22M | 1.22M | 1.2M | 1.17M | 1.17M | 1.17M | 1.17M | 1.16M | 1.14M | 1.13M | 1.13M | 2.81M |
| Additional Paid-in Capital | 0 | 3.66B | 3.66B | 3.66B | 3.65B | 3.65B | 3.56B | 3.55B | 3.55B | 3.55B | 3.46B | 3.39B | 3.38B | 3.38B | 3.38B | 3.34B | 3.28B | 3.26B | 3.26B | 2.75B |
| Retained Earnings | -1.39B | -1.38B | -1.39B | -1.37B | -1.34B | -1.33B | -1.31B | -1.29B | -1.27B | -1.25B | -1.23B | -1.2B | -1.19B | -1.17B | -1.15B | -1.13B | -1.11B | -1.09B | -1.05B | -1.04B |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Return on Assets (ROA) | 0.49% | 0.9% | 0.47% | 0.25% | 0.52% | 0.36% | 0.24% | 0.31% | 0.36% | 0.28% | 0.26% | 0.3% | 0.35% | 0.29% | 0.23% | 0.29% | 0.22% | -0.11% | 0.33% | 0.12% |
| Return on Equity (ROE) | 1.18% | 1.84% | 0.95% | 0.49% | 1% | 0.7% | 0.45% | 0.58% | 0.67% | 0.51% | 0.47% | 0.56% | 0.64% | 0.52% | 0.42% | 0.53% | 0.4% | -0.21% | 0.65% | 0.28% |
| Debt / Assets | - | 47.17% | 47.56% | 47.71% | 46.42% | 41.9% | 44.84% | 43.92% | 43.51% | 42.7% | 41.86% | 41.16% | 43.42% | 42.37% | 41.89% | 42.29% | 42.76% | 42.82% | 39.98% | 51.54% |
| Debt / Equity | - | 0.96x | 0.97x | 0.97x | 0.91x | 0.80x | 0.86x | 0.82x | 0.81x | 0.78x | 0.76x | 0.76x | 0.81x | 0.77x | 0.76x | 0.77x | 0.78x | 0.81x | 0.72x | 1.16x |
| Net Debt / EBITDA | -0.03x | 21.18x | 21.27x | 13.69x | 13.39x | 12.86x | 12.73x | 13.17x | 13.02x | 13.69x | 12.62x | 12.49x | 13.48x | 13.18x | 13.22x | 12.94x | 13.55x | 14.06x | 13.31x | 16.66x |
| Book Value per Share | 20.64 | 20.72 | 18.58 | 18.68 | 18.90 | 21.78 | 18.88 | 19.17 | 19.34 | 21.57 | 19.63 | 19.42 | 19.50 | 22.79 | 19.87 | 20.10 | 19.75 | 23.77 | 20.38 | 18.62 |