PECO - NASDAQ

Phillips Edison & Company, Inc.

PECO·NASDAQ

$38.98

-0.94%

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$4.91B

EPS0.9000

P/E Ratio43.31

Earnings Date07/23/2026

5.29B

Assets

3Y+12.0%

5Y+13.0%

10Y+122.0%

2.70B

Total Liabilities

12%

3Y+26.0%

5Y+1.0%

10Y+133.0%

2.59B

Total Equity

-2%

3Y-

5Y+28.0%

10Y+111.0%

Phillips Edison & Company, Inc. Funding & Solvency Profile

PECO · NASDAQ

Current Assets

Cash & Cash Equivalents3.54M

Net Receivables134.23M

Inventory0.00

Other Current Assets39.77M

Total Current Assets194 M

Non-Current Assets

Property, Plant & Equipment30.06M

Goodwill & Intangible Assets35.77M

Long-Term Investments49.44M

Other Non-Current Assets4.98B

Total Non-Current Assets5 B

Total Assets

5.29B

Financial Health Analysis

Current Ratio

0.66x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

1.04x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

-101483000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

4% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Negative working capital with limited cash reserves requires immediate attention—potential liquidity crisis if not addressed promptly.

Phillips Edison & Company, Inc. Balance Sheet

PECO • NASDAQ

Phillips Edison & Company, Inc. Balance Sheet	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
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	3.5M	4.9M	4.9M	5.5M	92.6M	104.3M	17.8M	16.8M	5.7M	8.2M	40.7M	15.6M	460.3M	7.7M	7M
Short-Term Investments	16.4M	0.0	8.6M	7.8M	5.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	800K	0.0	0.0
Cash & Short-Term Investments	19.9M	4.9M	13.4M	13.3M	98.1M	104.3M	17.8M	16.8M	5.7M	8.2M	40.7M	15.6M	461.1M	7.7M	7M
Net Receivables	134.2M	119.4M	107.6M	89.9M	77.7M	79.7M	76.1M	5.1M	65.5M	0.0	0.0	0.0	13M	2.7M	786K
Accounts Receivables	53.6M	47.4M	45.4M	37.8M	37.5M	47.4M	46.9M	61.2M	47.3M	31M	0.0	0.0	0.0	0.0	0.0
Other Receivables	80.7M	72M	62.3M	52.1M	40.2M	32.3M	29.3M	21.3M	18.2M	14.5M	0.0	0.0	13M	2.7M	786K
Inventory	0.0	0.0	0.0	0.0	1.6M	0.0	6M	17.4M	-16.5M	-11.9M	-11.5M	0.0	-13.8M	0.0	0.0
Prepaids	0.0	0.0	0.0	14.6M	11.7M	8.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Assets	39.8M	21.3M	4M	-2.7M	11.3M	18.9M	1.1M	67.5M	21.7M	44.7M	6.8M	6.8M	0.0	7.4M	0.0
Total Current Assets	193.9M	145.6M	125.1M	115.1M	200.3M	211.7M	101.1M	106.8M	97.2M	49.9M	47.5M	22.5M	470.9M	17.8M	7.8M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	30.1M	4.6B	24.1M	23.1M	24.8M	21.6M	19.4M	14.3M	10.3M	2.2B	2.1B	2.1B	1.1B	283.9M	0.0
Goodwill	29.1M	29.1M	29.1M	29.1M	29.1M	29.1M	29.1M	29.1M	29.1M	0.0	0.0	0.0	0.0	0.0	0.0
Intangible Assets	6.7M	206.6M	6.7M	6.7M	6.7M	6.8M	2.4M	14.1M	55.1M	43M	233.6M	220.6M	107.7M	21M	6.8M
Goodwill & Intangible Assets	35.8M	235.7M	35.8M	35.8M	35.8M	35.9M	31.5M	43.1M	84.2M	43M	233.6M	220.6M	107.7M	21M	6.8M
Long-Term Investments	49.4M	45.9M	32.1M	37M	34.3M	37.4M	42.9M	45.7M	902K	-2.4B	22K	0.0	0.0	0.0	0.0
Tax Assets	0.0	0.0	0.0	0.0	0.0	0.0	4.5B	5.2B	3.3B	2.4B	-22K	0.0	0.0	0.0	0.0
Other Non-Current Assets	5B	43.9M	4.6B	4.5B	4.4B	4.4B	126.3M	-209.9M	37.4M	37.6M	-164.2M	-166.6M	36.4M	-304.8M	0.0
Total Non-Current Assets	5.1B	4.9B	4.7B	4.6B	4.5B	4.5B	4.7B	5.1B	3.4B	2.3B	2.2B	2.1B	1.3B	304.8M	6.8M
Other Assets	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	2.8M	57.3M
Total Assets	5.3B	5B	4.9B	4.7B	4.7B	4.7B	4.8B	5.2B	3.5B	2.4B	2.2B	2.2B	1.7B	325.4M	71.9M
LIABILITIES
CURRENT LIABILITIES
Total Payables	180.3M	145.4M	116.5M	113.2M	97.2M	176.9M	124.1M	123M	102.6M	56.2M	49.2M	49.7M	29.5M	0.0	0.0
Accounts Payable	180.3M	145.4M	116.5M	113.2M	97.2M	176.9M	124.1M	123M	102.6M	56.2M	49.2M	49.7M	29.5M	0.0	0.0
Accrued Expenses	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	722K	0.0	0.0
Short Term Debt	92M	37.6M	181M	79M	0.0	0.0	0.0	73.4M	61.6M	0.0	0.0	65.9M	0.0	0.0	0.0
Capital Lease Obligations (Current)	0.0	460K	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
Deferred Revenue	23M	22.9M	18.4M	18.5M	19.1M	14.6M	16M	14M	0.0	-177M	-141M	-291.7M	0.0	0.0	0.0
Other Current Liabilities	0.0	-10.7M	0.0	0.0	288K	0.0	0.0	-83.8M	-67.9M	-51.6M	141M	-114.6M	-28.6M	8.7M	0.0
Total Current Liabilities	295.4M	195.6M	315.8M	210.7M	116.7M	191.5M	140M	126.7M	149.8M	56.2M	49.2M	49.7M	30.7M	9.2M	47K
NON-CURRENT LIABILITIES
Long Term Debt	2.3B	2.1B	1.8B	1.8B	1.9B	2.3B	2.4B	2.4B	1.8B	879.2M	846M	358.8M	200.9M	0.0	0.0
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	16M	14M	2B	1.2B	0.0	0.0	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	5M	132.7M	90.6M	43M	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	0.0	140.4M	0.0	0.0	76.5M	76.8M	37M	38.4M	90.6M	181.6M	0.0	42.5M	49.5M	172.6M	58M
Total Non-Current Liabilities	2.4B	2.2B	1.9B	1.9B	2.1B	2.5B	2.5B	2.6B	1.9B	1.1B	893.9M	722.8M	221.3M	159M	58M
Other Liabilities	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	4.9M	0.0
Capital Lease Obligations	118.8M	4.7M	108.5M	110.4M	108.3M	101.9M	112.3M	131.6M	90.6M	43M	39.8M	42.5M	0.0	0.0	0.0
Total Liabilities	2.7B	2.4B	2.2B	2.1B	2.2B	2.7B	2.7B	2.8B	2B	1.2B	943M	772.5M	252M	173.1M	58M
SHAREHOLDERS' EQUITY
Common Stock	1.3M	1.3M	1.2M	1.2M	1.1M	2.8M	2.9M	2.8M	1.9M	1.9M	1.8M	1.8M	1.8M	138K	27K
Additional Paid-In Capital	3.7B	3.6B	3.5B	3.4B	3.3B	2.7B	2.8B	2.7B	1.6B	1.6B	1.6B	1.6B	1.5B	0.0	18M
Retained Earnings	-1.4B	-1.3B	-1.2B	-1.2B	-1.1B	-999.5M	-947.3M	-692M	-601.2M	-438.2M	-323.8M	-214M	-71.2M	-11.7M	-4.1M
Accumulated Other Comprehensive Income/Loss	358K	4.3M	10.5M	21M	-24.8M	-52.3M	-20.8M	12.4M	16.5M	10.6M	22K	0.0	690K	0.0	0.0
Other Total Stockholders' Equity	358K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	118.2M	0.0
Total Stockholders' Equity	2.3B	2.3B	2.3B	2.2B	2.1B	1.7B	1.8B	2B	1B	1.2B	1.3B	1.4B	1.5B	106.7M	13.9M
Total Equity	2.6B	2.6B	2.7B	2.6B	2.5B	2B	2.2B	2.4B	1.5B	1.2B	1.3B	1.4B	1.5B	152.3M	27.2M
Minority Interest	302.8M	314.1M	343M	360.9M	326.8M	325.6M	354.8M	414.9M	432.4M	23.4M	25.2M	22.8M	93K	45.6M	13.3M
SUMMARY
Total Liabilities & Equity	5.3B	5B	4.9B	4.7B	4.7B	4.7B	4.8B	5.2B	3.5B	2.4B	2.2B	2.2B	1.7B	325.4M	71.9M
Total Investments	65.8M	45.9M	40.7M	44.8M	39.9M	37.4M	42.9M	45.7M	902K	-2.4B	22K	0.0	800K	0.0	0.0
Total Debt	2.5B	2.1B	2.1B	2B	2B	2.4B	2.5B	2.5B	1.8B	1.1B	854.1M	650.5M	200.9M	0.0	0.0
Net Debt	2.5B	2.1B	2.1B	2B	1.9B	2.3B	2.4B	2.5B	1.8B	1B	813.4M	634.8M	-259.4M	-7.7M	-7M
Shares Outstanding	125,800,000	125,800,000	125,800,000	125,800,000	125,800,000	125,800,000	125,800,000	125,800,000	125,800,000	125,800,000	125,800,000	125,800,000	125,800,000	125,800,000	125,800,000

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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