Phillips Edison & Company, Inc. (PECO) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, Phillips Edison reported revenue of $726.6M, up 9.9% from $661.4M the year before. Net income was $111.3M (a 15.3% net margin), or $0.89 per diluted share. Operating activities generated $348.1M of cash. At fiscal year end, Phillips Edison held $5.29B in total assets against $2.70B in total liabilities, including $3.5M of cash and equivalents.
Open the full interactive Phillips Edison financials → Quarterly statements, key ratios, valuation history and price charts.
Phillips Edison Key Stats
| Share Price | $37.71 |
|---|---|
| Market Cap | $5.25B |
| P/E Ratio | 42.4 |
| Revenue YoY Growth | +9.9% |
| 52-Week Range | $32.42 – $43.76 |
| Shares Outstanding | 126.3 million (basic, 2026 Q2) |
Phillips Edison Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $498.0M | $532.8M | $575.4M | $610.1M | $661.4M | $726.6M |
| Pre-Tax Income | $4.8M | $15.1M | $48.3M | $56.8M | $60.9M | $112.6M |
| Income Tax | — | — | — | — | -$1.8M | $1.3M |
| Net Income | $4.8M | $15.1M | $48.3M | $56.8M | $62.7M | $111.3M |
| Diluted EPS | $0.02 | $0.15 | $0.42 | $0.48 | $0.51 | $0.89 |
Phillips Edison Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $182.7M | $187.9M | $190.7M | $189.6M |
| Net Income | $24.7M | $47.5M | $30.4M | $41.1M |
| Diluted EPS | $0.20 | $0.34 | $0.24 | $0.33 |
Phillips Edison Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $104.3M | $92.6M | $5.5M | $4.9M | $4.9M | $3.5M |
| Total Assets | $4.68B | $4.67B | $4.74B | $4.87B | $5.05B | $5.29B |
| Total Long-Term Debt | $2.31B | $1.89B | $1.90B | $1.97B | $2.11B | $2.38B |
| Total Liabilities | $2.66B | $2.19B | $2.14B | $2.21B | $2.41B | $2.70B |
| Shareholders' Equity | $1.69B | $2.15B | $2.24B | $2.31B | $2.32B | $2.29B |
Phillips Edison Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $210.6M | $262.9M | $290.9M | $291.0M | $334.7M | $348.1M |
| Cash From Investing | -$44.1M | -$180.5M | -$331.2M | -$353.4M | -$392.9M | -$392.3M |
| Cash From Financing | -$129.7M | -$98.8M | -$57.8M | $53.9M | $58.0M | $78.8M |
Figures from Phillips Edison's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Phillips Edison financials page for every line item.
Phillips Edison Company Profile
| Ticker | PECO |
|---|---|
| Exchange | Nasdaq |
| Industry | Real Estate Investment Trusts |
| Headquarters | Cincinnati, Ohio |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001476204 |
Frequently Asked Questions
What was Phillips Edison's revenue in fiscal 2025?
Phillips Edison (PECO) reported revenue of $726.6M for fiscal 2025.
What is Phillips Edison's annual revenue history?
Phillips Edison's annual revenue by fiscal year: 2020: $498.0M; 2021: $532.8M; 2022: $575.4M; 2023: $610.1M; 2024: $661.4M; 2025: $726.6M.
What was Phillips Edison's net income in fiscal 2025?
Phillips Edison reported net income of $111.3M for fiscal 2025.
What was Phillips Edison's earnings per share (EPS) in fiscal 2025?
Phillips Edison's diluted EPS was $0.89 for fiscal 2025 (adjusted for any later stock splits).
What was Phillips Edison's revenue last quarter?
In its most recent reported quarter (2026 Q2), Phillips Edison reported revenue of $189.6M.
How much debt does Phillips Edison have?
Phillips Edison reported $2.38B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Phillips Edison are outstanding?
Phillips Edison reported a weighted average of 126.3 million basic shares outstanding in 2026 Q2.
What is Phillips Edison's market cap?
Based on its latest closing price, Phillips Edison (PECO) has a market capitalization of about $5.25B.
When does Phillips Edison's fiscal year end?
Phillips Edison's fiscal year end, as registered with the SEC, is December 31.
Where is Phillips Edison headquartered?
Phillips Edison lists its business address in Cincinnati, Ohio in its SEC filings.