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Phillips Edison & Company, Inc. - (PECO) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

NASDAQ · DATA UPDATED 2026-08-16

Phillips Edison & Company, Inc. - (PECO) operates in the NASDAQ industry and is headquartered in Cincinnati, United States with about 320 employees. Its market capitalization is roughly $5 billion. In the fiscal year ended 2025-12-31, PECO reported $732M in revenue and $111M in net income.

Phillips Edison & Company, Inc. (PECO) is one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. PECO has generated strong results through its vertically integrated operating platform and national footprint of well-occupied shopping centers.

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PECO Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-31
Total Revenue$751M$732M$661M$610M$575M$533M$498M$537M$430M$312M$258M$242M$188M$73M$18M$0M
Gross Profit$533M($10M)$471M$435M$412M$375M$344M$376M$298M$214M$179M$163M$113M$33M$9M$0M
Gross Margin %71.0%-1.4%71.2%71.3%71.6%70.3%69.0%70.0%69.2%68.8%69.5%67.3%59.8%44.9%48.8%100.0%
Operating Income (EBIT)$218M$199M$425M$391M$367M$326M$302M$327M$247M$153M$143M$147M$76M$28M($1M)
Operating Margin %29.0%27.2%64.3%64.0%63.8%61.1%60.7%61.0%57.5%49.2%55.5%60.8%40.4%38.9%-7.1%
Net Income$144M$111M$63M$57M$48M$15M$5M($64M)$39M($38M)$9M$13M($23M)($12M)($3M)($2M)
Net Margin %19.2%15.2%9.5%9.3%8.4%2.8%1.0%-11.8%9.1%-12.3%3.5%5.5%-12.0%-17.0%-19.1%2992.4%
EBITDA$538M$506M$411M$380M$356M$322M$299M$323M$243M$151M$139M$143M$74M$28M$7M$1M
Earnings Per Share (EPS)$1.13$0.80$0.46$0.43$0.37$0.13$0.04$-0.58$0.49$-0.59$0.14$0.22$-0.38$-0.53$-1.54
Shares Outstanding (M)125M139M137M133M130M117M111M109M80M65M62M62M60M2M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PECO Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$188M$192M$188M$183M$178M$178M$173M$166M
Gross Profit$265M$6M$132M$130M$127M$127M$122M$118M
Gross Margin %140.6%3.0%70.3%71.3%71.5%71.4%70.5%71.5%
Operating Income (EBIT)$55M$58M$53M$52M$114M$115M$111M$107M
Operating Margin %29.0%30.3%28.4%28.4%64.3%64.6%63.9%64.8%
Net Income$41M$30M$48M$25M$13M$26M$18M$12M
Net Margin %21.8%15.8%25.3%13.5%7.2%14.8%10.5%7.0%
EBITDA$141M$130M$145M$122M$112M$113M$101M$106M
Earnings Per Share (EPS)$0.33$0.24$0.38$0.18$0.09$0.19$0.15$0.08
Shares Outstanding (M)125M125M125M139M139M139M121M137M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PECO Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-31
Cash from Operations (CFO)$365M$348M$335M$291M$291M$263M$211M$227M$153M$109M$103M$106M$76M$19M$4M
Capital Expenditures (CapEx)$126M$136M$95M$95M$104M$75M$64M$75M$49M$202M$227M$113M$727M$767M$1M
Free Cash Flow (FCF)$238M$212M$240M$196M$186M$188M$147M$151M$104M($93M)($124M)($7M)($651M)($749M)$3M
FCF Margin %31.7%28.9%36.2%32.1%32.4%35.3%29.4%28.2%24.2%-29.8%-48.2%-2.9%-345.8%-1023.5%19.0%
Dividends Paid$163M$157M$134M$136M$127M$107M$49M$123M$81M$74M$64M$59M$57M$19M$2M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PECO Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$118M$56M$96M$95M$96M$61M$84M$109M
Capital Expenditures (CapEx)$24M$26M$40M$36M$33M$26M$39M$25M
Free Cash Flow (FCF)$94M$29M$56M$59M$63M$34M$45M$84M
FCF Margin %49.9%15.2%29.6%32.3%35.5%19.2%25.8%51.0%
Dividends Paid$41M$55M$27M$40M$39M$52M$25M$49M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PECO Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-31
Total Assets$5.4B$5.3B$5.0B$4.9B$4.7B$4.7B$4.7B$4.8B$5.2B$3.5B$2.4B$2.2B$2.2B$1.7B$325M$72M
Cash & Cash Equivalents$7M$4M$5M$5M$5M$93M$104M$18M$17M$6M$8M$41M$16M$460M$1M$7M
Total Liabilities$2.8B$2.7B$2.4B$2.2B$2.1B$2.2B$2.7B$2.7B$2.8B$2.0B$1.2B$943M$773M$252M$173M$58M
Total Debt (Short + Long-Term)$2.3B$2.4B$2.1B$2.0B$2.0B$2.0B$2.4B$2.4B$2.5B$1.9B$177M$141M$66M$0M$19M$0M
Total Shareholders' Equity$2.4B$2.3B$2.3B$2.3B$2.2B$2.1B$1.7B$1.8B$2.0B$1.0B$1.2B$1.3B$1.4B$1.5B$107M$14M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive PECO viewer.

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