Phillips Edison Financial Statements
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
Phillips Edison revenue and earnings
In fiscal 2025, Phillips Edison generated $726.6 million in revenue, up 9.9% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $111.3 million (+77.6% year over year), for a net margin of 15.3% versus a median of 8.4% in the prior 5 years. Diluted earnings per share came in at $0.89, up from $0.51.
Over the last 5 fiscal years, PECO's revenue has grown at a 7.8% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Phillips Edison income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 726.59M | 661.39M | 610.12M | 575.37M | 532.85M | 498.02M | 536.71M | 430.39M | 311.54M | 257.73M |
| Revenue growth (YoY) | +9.86% | +8.40% | +6.04% | +7.98% | +6.99% | -7.21% | +24.70% | +38.15% | +20.88% | +6.46% |
| Operating Expenses | 527.75M | 488.94M | 455.93M | 445.00M | 435.30M | 422.99M | 533.85M | 415.02M | 294.32M | 222.22M |
| Interest Expense | — | 96.99M | 84.23M | 71.20M | 76.37M | 85.30M | 103.17M | 72.64M | 45.66M | 32.46M |
| Other Income (Expense) | -4.33M | -5.73M | -7.31M | -12.16M | -34.36M | 9.24M | -676.00K | -1.72M | 673.00K | 1.26M |
| Income Tax | 1.30M | 1.80M | 400.00K | -800.00K | — | — | — | — | — | — |
| Net Income | 111.30M | 62.69M | 56.85M | 48.32M | 15.12M | 4.77M | -63.53M | 39.14M | -38.39M | 8.93M |
| Net Income growth (YoY) | +77.56% | +10.27% | +17.64% | +219.58% | +216.87% | — | -262.33% | — | -529.81% | -33.14% |
| EPS (Basic) | 0.89 | 0.51 | 0.48 | 0.42 | 0.15 | 0.05 | -0.67 | 0.20 | -0.21 | 0.05 |
| EPS (Diluted) | 0.89 | 0.51 | 0.48 | 0.42 | 0.15 | 0.05 | -0.67 | 0.20 | -0.21 | 0.05 |
| Shares Outstanding (Basic) | 125.54M | 122.72M | 118.28M | 115.40M | 102.40M | 96.76M | 94.64M | 196.60M | 183.78M | 183.88M |
| Shares Outstanding (Diluted) | 138.90M | 136.82M | 132.97M | 130.33M | 116.67M | 111.16M | 109.04M | 241.37M | 196.50M | 186.66M |
| Net Margin | 15.32% | 9.48% | 9.32% | 8.40% | 2.84% | 96.00% | -11.84% | 9.09% | -12.32% | 3.47% |
This table shows 10 annual periods of Phillips Edison's income statement, from FY 2025 back to FY 2016, across 14 line items including revenue, operating expenses, operating income. Values in USD; B = billions, M = millions. Fiscal periods follow PECO's reporting calendar. What is a income statement?