Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 678.99M | 661.39M | 610.12M | 575.37M | 532.85M | 498.02M |
Gross Profit | 421.87M | 471.07M | 435.00M | 412.15M | 374.55M | 343.51M |
EBITDA | 434.50M | 425.46M | 390.64M | 354.75M | 315.04M | 315.44M |
Net Income | 71.32M | 62.69M | 56.85M | 48.32M | 15.12M | 4.77M |
Balance Sheet | ||||||
Total Assets | 4.89B | 6.55B | 4.87B | 4.74B | 4.67B | 4.68B |
Cash, Cash Equivalents and Short-Term Investments | 10.10M | 12.30M | 4.87M | 5.48M | 92.58M | 104.30M |
Total Debt | 2.13B | 2.23B | 2.08B | 1.90B | 2.00B | 2.39B |
Total Liabilities | 2.25B | 2.41B | 2.21B | 2.14B | 2.19B | 2.66B |
Stockholders Equity | 2.30B | 2.32B | 2.31B | 2.24B | 2.15B | 1.69B |
Cash Flow | ||||||
Free Cash Flow | 224.12M | 239.63M | 195.71M | 186.40M | 187.87M | 146.61M |
Operating Cash Flow | 332.63M | 334.71M | 290.97M | 290.89M | 262.90M | 210.58M |
Investing Cash Flow | -490.38M | -392.94M | -353.39M | -331.25M | -180.49M | -44.09M |
Financing Cash Flow | 155.50M | 58.01M | 53.95M | -57.83M | -98.82M | -129.66M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
78 Outperform | $2.69B | 25.05 | 7.62% | 5.30% | 6.20% | 0.28% | |
73 Outperform | $3.54B | 37.01 | 15.89% | 3.72% | 12.38% | -6.36% | |
71 Outperform | $7.81B | 24.35 | 10.99% | 4.51% | 4.58% | 12.65% | |
70 Outperform | $4.75B | 61.41 | 3.09% | 3.58% | 9.27% | 19.51% | |
69 Neutral | $4.98B | 367.69 | 0.81% | 4.81% | 4.37% | -75.82% | |
66 Neutral | $4.25B | ― | -4.79% | 4.20% | 9.58% | -3.85% | |
63 Neutral | $6.92B | 18.42 | -1.93% | 6.88% | 4.65% | -25.39% |
On June 17, 2025, Phillips Edison Grocery Center Operating Partnership I, L.P., a subsidiary of Phillips Edison & Company, completed a public offering of $350 million in senior notes due 2032, guaranteed by the parent company and its subsidiaries. The proceeds, estimated at $346.2 million after expenses, will be used for general corporate purposes, including debt repayment and property acquisitions, potentially impacting the company’s financial flexibility and market positioning.
The most recent analyst rating on (PECO) stock is a Hold with a $37.00 price target. To see the full list of analyst forecasts on Phillips Edison & Company stock, see the PECO Stock Forecast page.
On May 1, 2025, Phillips Edison & Company held its annual meeting of stockholders, where all ten directors were re-elected, executive compensation was approved, and Deloitte & Touche LLP was ratified as the independent auditor for 2025. Additionally, the company declared monthly dividend distributions of $0.1025 per share for May, June, and July 2025, reflecting its commitment to returning value to shareholders.
On April 24, 2025, Phillips Edison & Company reported its financial results for the first quarter of 2025, showing strong performance with a net income of $26.3 million and significant growth in funds from operations. The company affirmed its full-year earnings guidance, highlighting a 3.9% increase in same-center net operating income and strong leasing activity. The company acquired six shopping centers and extended its revolving credit facility, positioning itself for continued growth and stability in the grocery-anchored retail sector.