Phillips Edison & Company, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $726.6M | $661.4M | $610.1M | $575.4M | $532.8M |
| Operating expenses | $527.7M | $488.9M | $455.9M | $445.0M | $435.3M |
| Interest expense | — | $97.0M | $84.2M | $71.2M | $76.4M |
| Income tax expense | $1.3M | $1.8M | $400,000 | -$800,000 | — |
| Net income | $111.3M | $62.7M | $56.8M | $48.3M | $15.1M |
| Balance Sheet | |||||
| Cash and equivalents | $3.5M | $4.9M | $4.9M | $5.5M | $92.6M |
| Total assets | $5.3B | $5.0B | $4.9B | $4.7B | $4.7B |
| Total liabilities | $2.7B | $2.4B | $2.2B | $2.1B | $2.2B |
| Total debt | $2.4B | $2.1B | $2.0B | $1.9B | $1.9B |
| Stockholders' equity | $2.3B | $2.3B | $2.3B | $2.2B | $2.1B |
| Cash Flow Statement | |||||
| Cash from operations | $348.1M | $334.7M | $291.0M | $290.9M | $262.9M |
| Depreciation and amortization | $266.4M | $253.0M | $236.4M | $236.2M | $221.4M |
| Stock-based compensation | $11.7M | $9.7M | $6.9M | $15.4M | $16.4M |
| Capital expenditure | $13.4M | $15.9M | $9.9M | $9.8M | $6.4M |
| Free cash flow | $334.8M | $318.8M | $281.1M | $281.1M | $256.5M |
| Dividends paid | $157.3M | $134.0M | $135.7M | $127.1M | $106.7M |
| Share repurchases | — | — | $0 | $0 | $77.8M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 126.0M · Free float 91.3%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.