Phillips Edison & financials
$37.65+0.16%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $726.6M | $661.4M | $610.1M | $575.4M | $532.8M |
| Gross profit | $726.6M | $661.4M | $610.1M | $575.4M | $532.8M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $198.8M | $172.4M | $154.2M | $130.4M | $97.5M |
| Net income | $111.3M | $62.7M | $56.8M | $48.3M | $15.1M |
| Net margin | 15.3% | 9.5% | 9.3% | 8.4% | 2.8% |
| Diluted EPS | $0.89 | $0.51 | $0.48 | $0.42 | $0.15 |
| EBITDA | $465.2M | $425.5M | $390.6M | $362.6M | $322.1M |
| Operating cash flow | $348.1M | $334.7M | $291.0M | $290.9M | $262.9M |
| Free cash flow | -$148.2M | -$56.6M | -$74.6M | -$95.6M | -$120.5M |
| Diluted shares | 138.9M | 136.8M | 133.0M | 130.3M | 116.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $3.5M | $4.9M | $4.9M | $5.5M | $92.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Total debt | $2.38B | $2.11B | $1.97B | $1.90B | $2.00B |
| Total assets | $5.29B | $5.05B | $4.87B | $4.74B | $4.67B |
| Total liabilities | $2.70B | $2.41B | $2.21B | $2.14B | $2.19B |
| Shareholders' equity | $2.59B | $2.63B | $2.65B | $2.60B | $2.48B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology