Phillips Edison & Co. (PECO) — Financial statements
Income statement, balance sheet, and cash flow for Phillips Edison & Co. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 732↑10.7% | 661↑8.4% | 610↑6.0% | 575↑8.0% | 533 | |
| Cost of Revenue | 742↑290.1% | 190↑8.7% | 175↑7.3% | 163↑3.1% | 158 | |
| Gross Profit | -10↓102.2% | 471↑8.3% | 435↑5.5% | 412↑10.0% | 375 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 52↑13.2% | 46↑2.8% | 44↓1.9% | 45↓7.3% | 49 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 52↑13.2% | 46↑2.8% | 44↓1.9% | 45↓7.3% | 49 | |
| Other Expenses | -261 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | -209↓558.3% | 46↑2.8% | 44↓1.9% | 45↓7.3% | 49 | |
| Total Costs & Expenses | 533↑126.1% | 236↑7.5% | 219↑5.3% | 208↑0.6% | 207 | |
| Operating Results | ||||||
| Operating Income | 199↓53.3% | 425↑8.9% | 391↑6.5% | 367↑12.6% | 326 | |
| Depreciation & Amortization | 266↑11.7% | 239↑5.5% | 226↑0.5% | 225↑3.3% | 218 | |
| EBITDA | 506↑23.1% | 411↑8.1% | 380↑6.9% | 356↑10.4% | 322 | |
| EBIT | 239↑38.8% | 172↑11.8% | 154↑18.0% | 131↑25.3% | 104 | |
| Interest & Other Income | ||||||
| Net Interest Income | -110↓15.2% | -96↓14.1% | -84↓17.8% | -71↑6.8% | -76 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 110↑15.2% | 96↑14.1% | 84↑17.8% | 71↓6.8% | 76 | |
| Non-Operating Income | -41↓116.0% | 253↑7.0% | 236↑0.1% | 236↑6.7% | 221 | |
| Other Income / Expenses | -75↑78.9% | -354↓8.4% | -326↓4.5% | -312↓1.3% | -308 | |
| Income Before Tax | 124↑73.8% | 72↑11.4% | 64↑17.7% | 55↑216.4% | 17 | |
| Income Tax Expense | 1↓28.2% | 2↑315.8% | 0.44 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 123↑76.4% | 70↑9.3% | 64↑16.9% | 55↑216.4% | 17 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 111↑77.6% | 63↑10.3% | 57↑17.6% | 48↑219.6% | 15 | |
| Bottom-Line Net Income | 111↑77.6% | 63↑10.3% | 57↑17.6% | 48↑219.6% | 15 | |
| EPS (Basic) | 0.90↑76.5% | 0.51↑6.3% | 0.48↑14.3% | 0.42↑180.0% | 0.15 | |
| EPS (Diluted) | 0.89↑74.5% | 0.51↑6.3% | 0.48↑14.3% | 0.42↑223.1% | 0.13 | |
| Weighted Average Shares | 124↑0.9% | 123↑3.8% | 119↑2.6% | 115↑12.8% | 102 | |
| Weighted Average Diluted Shares | 139↑1.5% | 137↑2.9% | 133↑2.0% | 130↑11.7% | 117 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.