Saturday 17 October 2026 Export PECO’s income statement to Excel — free account

Phillips Edison & Company, Inc.

Phillips Edison & Company, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $726.6 million, up 9.86% from fiscal 2024. In the quarter to June 2026, revenue grew 6.68%, EPS grew 230.0%, free cash flow grew 147.9% and total debt rose 2.41%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five, operating cash flow growth for five.

38.16 0.20 +0.53%

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Market cap: $5.4B
P/E: 33.2×
Fwd P/E: 51.7×
Dividend yield: 3.74%
F-score: 7/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 5,360.00

Revenue 750.89

Net Income 158.32

Free Cash Flow 436.41

Net Debt 2,420.80

Current Ratio 0.01

Debt/Equity 0.92

P/E ratio 33.18

Fwd P/E 51.70

P/S ratio 6.42

P/B ratio 1.81

Past 5Y EPS Growth 78.51%

This Y EPS Growth (4.19%)

Next Y EPS Growth (1.26%)

Next Y revenue growth 4.23%

Next 5Y EPS Growth 1.98%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 1.58%

10-year low 10-year high

P/S against its own 10 years 40.82%

10-year low 10-year high

P/B against its own 10 years 81.97%

10-year low 10-year high

EV/Sales against its own 10 years 33.25%

10-year low 10-year high

EV/FCF against its own 10 years 30.89%

10-year low 10-year high

Dividends

Payout Ratio 1.24

Annual Dividend Rate 1.43

Annual Dividend Yield 3.74%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.21	0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.12 0.12 0.12
2025	1.25	0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.11 0.11 0.11 0.11
2024	1.19	0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10
2023	1.14	0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.10 0.10 0.10 0.10
2022	1.09	0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.09
2021	0.95	0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.09
2020	0.09	0.09

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	9	9	43	30
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	9	9	43	30

	2023	2024	2025	Q'26
Payables	116	164	180	155
ST’ Debt	1,969	2,110	2,375	2,451
Other	108	116	118	134
	2,212	2,412	2,697	2,776

Compound Annual Growth %

	10y	5y	3y
Sales	—	7.85%	8.09%
Cash Flow	—	10.58%	6.17%
Earnings	—	87.74%	32.06%
Book Value	—	5.13%	(0.10%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	191	190	—	—	—
’25	178	178	183	188	727
’24	161	162	166	173	661
’23	151	152	152	154	610
’22	142	143	146	145	575
’21	130	133	132	137	533
’20	132	119	127	121	498

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	56	118	—	—	—
’25	61	96	95	96	348
’24	63	78	109	84	335
’23	63	68	89	72	291
’22	60	82	86	62	291
’21	49	81	68	65	263
’20	36	54	67	53	211

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	50	156	—	—	—
’25	41	63	68	162	334
’24	50	61	84	45	240
’23	40	50	62	51	203
’22	54	72	55	57	238
’21	94	126	110	65	394
’20	37	50	78	40	205

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.24	0.33	—	—	—
’25	0.21	0.10	0.20	0.38	0.89
’24	0.14	0.12	0.09	0.15	0.51
’23	0.14	0.11	0.10	0.11	0.48
’22	0.09	0.12	0.09	0.12	0.42
’21	0.00	0.06	0.13	(0.05)	0.15
’20	0.03	(0.06)	0.12	(0.05)	0.05

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	27.48	27.48	27.48	27.48	5.75	27.07	27.85	30.62	32.40	Analyst estimates 2026–2028 Powerpack
	High	—	27.48	27.48	27.48	27.48	34.97	36.35	37.92	40.12	37.76
People
People	Employees	—	—	—	—	—	290	290	290	300	320
	Revenue/emp, $m	0.00	0.00	0.00	0.00	0.00	1.84	1.98	2.10	2.20	2.27
Income, $m
Income, $m	Revenue	268	312	430	537	498	533	575	610	661	727
	Gross margin, %	0.00	0.00	0.00	69.99	68.98	70.29	71.63	71.30	71.22	71.13
	EBT	(27)	(42)	47	(73)	5	17	55	64	70	123
	EBT margin, %	(10.10)	(13.39)	10.91	(13.57)	1.10	3.23	9.48	10.45	10.54	16.92
	Net income	(27)	0	39	(73)	5	17	55	64	70	123
	Depreciation	—	—	—	245	229	224	238	238	254	265
Per share, $
Per share, $	Revenue	0.00	0.00	0.00	5.67	5.15	5.20	4.99	5.16	5.39	5.79
	Earnings	0.14	(0.64)	0.49	(0.77)	0.06	0.15	0.42	0.48	0.51	0.89
	Cash flow	0.00	0.00	0.00	2.40	2.18	2.57	2.52	2.46	2.73	2.77
	Capex	0.00	0.00	0.00	1.56	(0.06)	1.28	(0.45)	(0.74)	(0.77)	(0.12)
	Free cash flow	0.00	0.00	0.00	3.96	2.11	3.85	2.07	1.72	1.95	2.66
	Book value	0.00	0.00	0.00	0.00	20.83	24.18	22.51	22.43	21.46	20.63
	Shares, m	—	—	—	95	97	102	115	118	123	126
Valuation, ×
Valuation, ×	P/E	4,293.75	4,293.75	4,293.75	4,293.75	486.37	233.83	75.57	79.65	74.92	39.97
	P/S	0.00	0.00	0.00	0.00	5.34	6.35	6.37	7.10	6.95	6.15
	P/B	0.00	0.00	0.00	3.60	1.32	1.37	1.41	1.63	1.75	1.72
	EV/Sales	0.00	0.00	0.00	0.00	9.68	9.68	9.63	10.32	10.13	9.36
	EV/FCF	0.00	0.00	0.00	0.00	23.57	13.09	23.25	31.02	27.95	20.37
Cash, $m
Cash, $m	Operating cash flow	103	109	315	227	211	263	291	291	335	348
	Capex	(26)	(42)	(49)	148	(6)	131	(52)	(88)	(95)	(14)
	Free cash flow	103	109	315	374	205	394	238	203	240	334
Balance, $m
Balance, $m	Working capital	—	—	—	—	(2,531)	(2,077)	(2,121)	(2,203)	(2,404)	(2,654)
	Total debt	744	1,897	2,571	10	2,293	1,892	1,897	1,969	2,110	2,375
	Net debt	694	1,870	2,487	(85)	2,161	1,776	1,879	1,960	2,101	2,332
	Shareholders’ equity	1,201	1,046	1,998	—	2,016	2,476	2,597	2,653	2,634	2,589
Returns, %
Returns, %	ROA	(0.92)	(3.23)	1.04	(2.46)	0.10	0.32	1.03	1.18	1.26	2.15
	ROIC	0.00	0.00	0.00	0.00	1.12	1.43	1.82	2.09	2.28	2.53
	ROE	(2.42)	(3.42)	2.57	(3.33)	0.25	0.67	1.90	2.17	2.37	4.26

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
FRT Federal Realty Investment Trust	$9.2B	21.4×	31.8×	+7.76% (above 0%: growing)	−45.81% (below 0%: shrinking)	−1.70% (below 0%: shrinking)	69.15%	41.30%	Compare
BRX Brixmor Property Group Inc.	$8.4B	19.5×	26.3×	+4.33% (above 0%: growing)	−14.29% (below 0%: shrinking)	−41.05% (below 0%: shrinking)	75.01%	34.33%	Compare
ADC Agree Realty Corporation	$8.3B	36.0×	37.9×	+16.85% (above 0%: growing)	+2.33% (above 0%: growing)	−56.33% (below 0%: shrinking)	87.63%	46.47%	Compare
NNN NNN REIT, Inc.	$7.9B	20.4×	21.9×	+7.70% (above 0%: growing)	−3.70% (below 0%: shrinking)	−108.69% (below 0%: shrinking)	96.62%	61.97%	Compare
MAC Macerich Company (The)	$6.8B	— (loss-making)	— (loss-making)	−0.03% (below 0%: shrinking)	n/m	−57.87% (below 0%: shrinking)	53.67%	15.35%	Compare
EPRT Essential Properties Realty Trust, Inc.	$5.7B	20.2×	23.2×	+18.11% (above 0%: growing)	+6.25% (above 0%: growing)	+28.34% (above 0%: growing)	99.33%	64.50%	Compare
PECO Phillips Edison & Company, Inc.	$5.4B	33.2×	51.7×	+6.68% (above 0%: growing)	+230.00% (above 0%: growing)	+147.93% (above 0%: growing)	71.21%	28.80%
KRG Kite Realty Group Trust	$4.9B	15.1×	79.4×	−8.03% (below 0%: shrinking)	+60.00% (above 0%: growing)	−21.08% (below 0%: shrinking)	73.01%	23.52%	Compare
SKT Tanger Inc.	$4.1B	31.9×	35.3×	+11.15% (above 0%: growing)	+7.41% (above 0%: growing)	−86.16% (below 0%: shrinking)	70.92%	30.98%	Compare
Median of peers	$7.4B	20.4×	31.8×	+7.73%	+2.33%	−48.69%	74.01%	37.82%

All 26 Reit Retail stocks →

Phillips Edison & Company, Inc. (PECO) key facts

Strength: Phillips Edison & Company, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $726.6 million, up 9.86% from fiscal 2024.
Phillips Edison & Company, Inc. (PECO) is a Reit Retail company in the Real Estate sector, listed on Nasdaq.
As of October 16, 2026, PECO traded at $38.16, a market capitalization of $5.4 billion.
Phillips Edison & Company, Inc. pays an annual dividend of $1.43 per share, a yield of 3.74%, with a payout ratio of 124.2%.
Return on equity was 4.26% and debt-to-equity 0.92.
Its Piotroski F-score is 7 out of 9 for fiscal 2025.