PECO
Phillips Edison & Co Inc
NASDAQ: PECO · REAL ESTATE · REIT - RETAIL
$39.84
-1.26% today
Updated 2026-04-29
Market cap
$5.60B
P/E ratio
43.86
P/S ratio
7.57x
EPS (TTM)
$0.92
Dividend yield
3.16%
52W range
$32 – $41
Volume
0.9M
Phillips Edison & Co Inc (PECO) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $-79000.00 | $17.55M | $73.17M | $188.22M | $242.10M | $257.73M | $311.54M | $430.39M | $536.71M | $498.02M | $532.85M | $575.37M | $610.12M | $661.39M | $732.30M |
| Revenue growth (YoY) | — | +22315.2% | +316.9% | +157.2% | +28.6% | +6.5% | +20.9% | +38.1% | +24.7% | -7.2% | +7.0% | +8.0% | +6.0% | +8.4% | +10.7% |
| Cost of revenue | — | $8.99M | $40.33M | $75.61M | $79.09M | $78.52M | $97.28M | $132.54M | $161.06M | $154.51M | $158.29M | $163.22M | $175.12M | $190.32M | $742.48M |
| Gross profit | $-79000.00 | $8.56M | $32.84M | $112.60M | $163.01M | $179.21M | $214.26M | $297.85M | $375.64M | $343.51M | $374.55M | $412.15M | $435.00M | $471.07M | $-10.19M |
| Gross margin | 100.0% | 48.8% | 44.9% | 59.8% | 67.3% | 69.5% | 68.8% | 69.2% | 70.0% | 69.0% | 70.3% | 71.6% | 71.3% | 71.2% | -1.4% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | — | $1.72M | $4.35M | $36.48M | $15.83M | $36.31M | $36.88M | $50.41M | $48.52M | $41.38M | $48.82M | $45.23M | $44.37M | $45.61M | $51.64M |
| Operating income | — | $-1.25M | $28.49M | $76.12M | $147.18M | $142.91M | $153.35M | $247.44M | $327.12M | $302.13M | $325.73M | $366.91M | $390.64M | $425.46M | $198.85M |
| Operating margin | 0.0% | -7.1% | 38.9% | 40.4% | 60.8% | 55.4% | 49.2% | 57.5% | 60.9% | 60.7% | 61.1% | 63.8% | 64.0% | 64.3% | 27.2% |
| EBITDA | $1.05M | $6.99M | $27.76M | $73.60M | $143.25M | $138.88M | $150.75M | $243.49M | $322.93M | $298.95M | $322.15M | $355.62M | $380.33M | $410.97M | $505.75M |
| EBITDA margin | -1325.3% | 39.8% | 37.9% | 39.1% | 59.2% | 53.9% | 48.4% | 56.6% | 60.2% | 60.0% | 60.5% | 61.8% | 62.3% | 62.1% | 69.1% |
| EBIT | $-453000.00 | $-1.25M | $-2.02M | $-3.04M | $45.70M | $36.81M | $22.68M | $56.15M | $90.25M | $77.45M | $104.30M | $130.69M | $154.20M | $172.45M | $239.37M |
| Interest expense | — | $3.02M | $10.51M | $20.36M | $32.39M | $32.46M | $45.66M | $72.64M | $103.17M | $85.30M | $76.37M | $71.20M | $83.86M | $95.70M | $110.25M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 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% | 0.0% | 0.0% |
| Net income | $-2.36M | $-3.35M | $-12.40M | $-22.64M | $13.36M | $8.93M | $-38.39M | $39.14M | $-63.53M | $4.77M | $15.12M | $48.32M | $56.85M | $62.69M | $111.30M |
| Net income growth (YoY) | — | -41.5% | -270.7% | -82.5% | +159.0% | -33.1% | -529.8% | +201.9% | -262.3% | +107.5% | +216.9% | +219.6% | +17.6% | +10.3% | +77.6% |
| Profit margin | 2992.4% | -19.1% | -17.0% | -12.0% | 5.5% | 3.5% | -12.3% | 9.1% | -11.8% | 1.0% | 2.8% | 8.4% | 9.3% | 9.5% | 15.2% |