PECO - NASDAQ

Phillips Edison & Company, Inc.

PECO·NASDAQ

$39.21

-0.36%

Real EstateREIT - Retail

Phillips Edison & Company, Inc. (PECO), an internally-managed REIT, is one of the nation's largest owners and operators of grocery-anchored shopping centers. PECO's diversified portfolio of well-occupied neighborhood shopping centers features a mix of national and regional retailers selling necessity-based goods and services in fundamentally strong markets throughout the United States. Through its vertically-integrated operating platform, the Company manages a portfolio of 309 properties, including 283 wholly-owned properties comprising approximately 31.7 million square feet across 31 states (as of September 30, 2020). PECO has generated strong operating results over its 29+ year history and has partnered with leading institutional commercial real estate investors, including TPG Real Estate and The Northwestern Mutual Life Insurance Company. The Company remains exclusively focused on creating great grocery-anchored shopping experiences and improving the communities it serves one center at a time.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$4.94B

EPS0.9000

P/E Ratio43.57

Earnings Date07/23/2026

732.30M

Revenue

11%

3Y+27.0%

5Y+47.0%

10Y+184.0%

111.30M

Net Income

78%

3Y+130.0%

5Y+2232.0%

10Y+1146.0%

348.15M

Operating Cash Flow

3Y+20.0%

5Y+65.0%

10Y+238.0%

Phillips Edison & Company, Inc. Profit Bridge

PECO · NASDAQ

Revenue & Cost of Sales

Revenue732.30M

Cost of Goods Sold (742.48M)

Gross Profit-10.19M

Operating Expenses

Operating Expenses (-209.03M)

Operating Income198.85M

Other Income & Taxes

Interest Expense (110.25M)

Other Income/Expense-74.57M

Pretax Income124.28M

Income Tax (1.31M)

Net Income111.30M

Net Income

111.30M

Profitability Analysis

Gross Margin

-1.4%

Negative gross margin indicates the company is losing money on each sale—unsustainable long-term.

Operating Margin

27.2%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

15.2%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

1.1%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Critical situation: Negative gross margins indicate fundamental business model issues. The company loses money on every sale—immediate strategic changes required.

Phillips Edison & Company, Inc. Income Statement

PECO • NASDAQ

Phillips Edison & Company, Inc. Income Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011
REVENUE
Revenue	732.3M	661.4M	610.1M	575.4M	532.8M	498M	536.7M	430.4M	311.5M	257.7M	242.1M	188.2M	73.2M	17.6M	-79K
GROSS PROFIT
Cost of Revenue	(742.5M)	(190.3M)	(175.1M)	(163.2M)	(158.3M)	(154.5M)	(161.1M)	(132.5M)	(97.3M)	(78.5M)	(79.1M)	(75.6M)	(40.3M)	(9M)	(0.0)
Gross Profit	-10.2M	471.1M	435M	412.1M	374.6M	343.5M	375.6M	297.8M	214.3M	179.2M	163M	112.6M	32.8M	8.6M	-79K
OPERATING INCOME
Operating Expenses	-209M	(45.6M)	(44.4M)	(45.2M)	(48.8M)	(41.4M)	(48.5M)	(50.4M)	(60.9M)	(36.3M)	(15.8M)	(36.5M)	(4.3M)	(9.8M)	(0.0)
Selling, General & Administrative	(51.6M)	(45.6M)	(44.4M)	(45.2M)	(48.8M)	(41.4M)	(48.5M)	(50.4M)	(60.9M)	(36.3M)	(15.8M)	(36.5M)	(4.3M)	(1.7M)	(0.0)
Operating Income	198.8M	425.5M	390.6M	366.9M	325.7M	302.1M	327.1M	247.4M	153.3M	142.9M	147.2M	76.1M	28.5M	-1.3M	0.0
PRE-TAX INCOME
Interest Expense	(110.2M)	(95.7M)	(83.9M)	(71.2M)	(76.4M)	(85.3M)	(103.2M)	(72.6M)	(45.7M)	(32.5M)	(32.4M)	(20.4M)	(10.5M)	(0.0)	(0.0)
Net Interest Income	-110.2M	-95.7M	-83.9M	-71.2M	-76.4M	-85.3M	-103.2M	-72.6M	-45.7M	-32.5M	-32.4M	-20.4M	-10.5M	3M	0.0
Other Expenses	-260.7M	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Total Other Income Expenses Net	-74.6M	-353.9M	-326.4M	-312.4M	-308.5M	-296.7M	-399.9M	-200.5M	-195.1M	-133.9M	-133.6M	-98.8M	-40.8M	-3M	-1.6M
Income Before Tax	124.3M	71.5M	64.2M	54.5M	17.2M	5.5M	-72.8M	47M	-41.7M	9M	13.6M	-22.6M	-12.4M	-4.3M	-2.4M
NET INCOME
Income Tax Expense	(1.3M)	(1.8M)	(438K)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(2.4M)
Net Income	111.3M	62.7M	56.8M	48.3M	15.1M	4.8M	-63.5M	39.1M	-38.4M	8.9M	13.4M	-22.6M	-12.4M	-3.3M	-2.4M

SEC Filings

PECO - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 12, 2026	May 12, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	April 24, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 23, 2026	April 23, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 23, 2026	March 23, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 26, 2026	February 24, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 12, 2026	February 12, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 10, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 05, 2026	February 05, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 17, 2025	December 17, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 05, 2025	November 05, 2025	2025	View Filing

Showing 1 to 10 of 360 filings

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