Phillips Edison & Company, Inc.

PECO Real Estate Reit Retail

Phillips Edison & Company, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $726.6 million, up 9.86% from fiscal 2024.

Revenue
+5.70%
EPS
+166.5%
Free cash flow
+95.6%
Total debt
+5.71%

Quarter to September 2026, against a year earlier

40.83 0.31 −0.75%
Market cap
$5.8B
P/E
27.5×
Fwd P/E
44.5×
Dividend yield
3.22%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Phillips Edison & Company, Inc. (PECO) Debt to equity

Alert me on Debt to equity

Phillips Edison & Company, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.9×, up 0.0× from fiscal 2025 (0.9×). Over the past ten years it has ranged from 0.0× (fiscal 2019) to 1.8× (fiscal 2017); the current reading is higher than 70% of that period. That is above the Reit Retail industry median of 0.9× and above the Real Estate sector median of 0.7×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.9× 14.53%
FY2024 0.8× 7.91%
FY2023 0.7× 1.64%
FY2022 0.7× (4.41%)
FY2021 0.8× (32.83%)
FY2020 1.1× —
FY2019 0.0× —
FY2018 1.3× (29.05%)
FY2017 1.8× 192.75%
FY2016 0.6× —

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.9× 1.70%
Jun 2026 0.9× (4.81%)
Mar 2026 1.0× 5.19%
Dec 2025 0.9× (0.79%)
25 more quarters

Against its own ten years

Low 0.0× High 1.8×
Ten-year median 0.8×
Current reading's percentile 70

Debt to equity against peers

Company Debt to equity
MAC Macerich Company (The) compare 0.0×
CURB Curbline Properties Corp. compare 0.3×
ADC Agree Realty Corporation compare 0.5×
EPRT Essential Properties Realty Trust, Inc. compare 0.6×
PECO Phillips Edison & Company, Inc. 0.9×
KRG Kite Realty Group Trust compare 1.0×
NNN NNN REIT, Inc. compare 1.1×
BRX Brixmor Property Group Inc. compare 1.8×
SKT Tanger Inc. compare 2.7×
Reit Retail industry median 0.9×
Real Estate sector median 0.7×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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