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) Operating margin

Alert me on Operating margin

Phillips Edison & Company, Inc.'s operating margin over the twelve months to 30 September 2026 was 29.5%, up 2.1 percentage points from fiscal 2025 (27.4%). Over the past ten years it has ranged from 0.00% (fiscal 2018) to 27.4% (fiscal 2025) — the current reading is the highest in ten years. That is below the Reit Retail industry median of 36.9% and above the Real Estate sector median of 17.8%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 27.4% 1.30
FY2024 26.1% 0.80
FY2023 25.3% 2.61
FY2022 22.7% 4.35
FY2021 18.3% 3.25
FY2020 15.1% 14.53
FY2019 0.53% 0.53
FY2018 0.00% 0.00
FY2017 0.00% 0.00
FY2016 0.00% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 29.9% 1.13
Jun 2026 28.8% (1.72)
Mar 2026 30.5% 1.78
Dec 2025 28.7% 0.33
24 more quarters

Against its own ten years

Low 0.00% High 27.4%
Ten-year median 16.7%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
NNN NNN REIT, Inc. compare 62.9%
EPRT Essential Properties Realty Trust, Inc. compare 60.6%
KRG Kite Realty Group Trust compare 54.3%
ADC Agree Realty Corporation compare 48.9%
BRX Brixmor Property Group Inc. compare 36.8%
SKT Tanger Inc. compare 30.2%
PECO Phillips Edison & Company, Inc. 29.5%
CURB Curbline Properties Corp. compare 17.6%
MAC Macerich Company (The) compare 0.00%
Reit Retail industry median 36.9%
Real Estate sector median 17.8%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on PECO