Phillips Edison & (NASDAQ: PECO) financial statements
The consolidated income statement, balance sheet and cash flow statement of Phillips Edison & for its last 10 fiscal years, as filed with the regulator, in millions of US dollars. At the end of fiscal 2025 it had $5,286m in total assets and $2,287m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $726.6m | $661.4m | $610.1m | $575.4m | $532.8m | $498.0m | $536.7m | $430.4m | $311.5m | $257.7m |
| Finance costs | — | $97.0m | $84.2m | $71.2m | $76.4m | $85.3m | $103.2m | $72.6m | $45.7m | $32.5m |
| Income tax | $1.3m | $1.8m | $0.4m | $0.8m | — | — | — | — | — | — |
| Net profit | $111.3m | $62.7m | $56.8m | $48.3m | $15.1m | $4.8m | −$63.5m | $39.1m | −$38.4m | $8.9m |
| Earnings per share | $0.89 | $0.51 | $0.48 | $0.42 | $0.15 | — | — | — | — | — |
| Diluted earnings per share | $0.89 | $0.51 | $0.48 | $0.42 | $0.15 | — | — | — | −$0.21 | $0.05 |
| Depreciation and amortisation | $266.4m | $253.0m | $236.4m | $236.2m | $221.4m | $224.7m | $231.0m | $177.5m | $127.2m | $103.3m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $5,286m | $5,046m | $4,866m | $4,735m | $4,669m | $4,679m | $4,828m | $5,163m | $3,526m | $2,380m |
| Goodwill | $29.1m | $29.1m | $29.1m | $29.1m | $29.1m | $29.1m | $29.1m | $29.1m | $29.1m | $0.0m |
| Cash | $3.5m | $4.9m | $4.9m | $5.5m | $92.6m | $104.3m | $17.8m | $16.8m | $5.7m | $8.2m |
| Total liabilities | $2,697m | $2,412m | $2,212m | $2,138m | $2,192m | $2,663m | $2,659m | $2,751m | $2,047m | $1,155m |
| Equity | $2,287m | $2,320m | $2,310m | $2,236m | $2,150m | $1,690m | $1,814m | $1,998m | $1,046m | $1,201m |
| Equity including minorities | $2,589m | $2,634m | $2,653m | $2,597m | $2,476m | $2,016m | $2,169m | $2,412m | $1,479m | $1,225m |
| Minority interests | $302.8m | $314.1m | $343.0m | $360.9m | $326.8m | $325.6m | $354.8m | $414.9m | $432.4m | $23.4m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $348.1m | $334.7m | $291.0m | $290.9m | $262.9m | $210.6m | $226.9m | $153.3m | $108.9m | $103.1m |
| Investing cash flow | −$392.3m | −$392.9m | −$353.4m | −$331.2m | −$180.5m | −$44.1m | $64.2m | −$258.9m | −$640.7m | −$191.3m |
| Financing cash flow | $78.8m | $58.0m | $53.9m | −$57.8m | −$98.8m | −$129.7m | −$280.3m | $162.4m | $509.4m | $90.7m |
| Capital expenditure | −$360.2m | −$296.3m | −$270.3m | −$282.0m | −$308.4m | −$41.5m | −$71.7m | −$87.1m | −$159.7m | −$165.2m |
| Dividends paid | −$157.3m | −$134.0m | −$135.7m | −$127.1m | −$106.7m | −$49.3m | −$123.1m | −$80.7m | −$74.2m | −$64.3m |
Where each figure comes from
From the annual report (Form 10-K) that Phillips Edison & files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Phillips Edison & page.
Dividend per share of Phillips Edison & by fiscal year, with the filing behind every figure: Phillips Edison & dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.