NASDAQ · REAL ESTATE INVESTMENT TRUSTS · LARGE CAP
Phillips Edison & Company, Inc. PECO
16 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY5 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
$12.8M
▲ 18.8% vs FY2024
Dividend streak
5 yrs
Raised every year since 2021
EPS · FY25
$0.89
Dividend / sh · FY25
$1.25
Payout · FY25
141%
ROE · FY25
4.8%
Net margin · FY25
872.9%
Dividend coverage
0.7×
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Result
USD 12.8M
Revenue, FY2025 · full 16-year series below
Revenue
Net income
873 cents of every revenue dollar became profit this year.
Per share
USD 0.89
Diluted EPS, FY2025
EPS
Dividend
Earnings covered only a fraction of the dividend — the rest came from cash or borrowing.
Profitability
4.8%
Return on equity, FY2025
ROE
Operating margin—
Net margin872.9%
Return on assets2.2%
Each USD of equity produced 5 cents of profit this year.
Returned to shareholders
USD 157.3M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 157.3M
Net buybacks—
Share of profit141.3%
Consecutive raises5 years
USD 157.3M in dividends — 141% of the year's profit, so the payout drew on cash built up earlier.
Growth
−52.0% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+3.4%
−52.0%
−25.5%
+38.3%
Net income
+32.1%
+87.7%
+23.6%
EPS, diluted
+28.4%
+77.9%
Dividend / share
+4.7%
+16.3%
Returned to shareholders
+7.4%
+23.6%
+1.6%
Compound annual rates per period — left blank where the series crosses a loss.
Share base
—
Shares outstanding, FY2025
Change, 5 years—
Change, 10 years—
A share split breaks the comparison across the period, so we leave it out.
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Balance sheet
USD 5.3B
total assets, end of FY2025
Total assetsUSD 5.3B
EquityUSD 2.3B
CashUSD 3.5M
Gross debtUSD 2.4B
Net debtUSD 2.4B
Net debt stands at 104% of equity.
History
16 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
Revenue $B
0.0
0.0
0.0
0.0
0.0
0.5
0.5
0.0
0.0
0.0
0.2
0.2
0.1
0.0
0.0
0.0
Operating income $B
·
·
·
·
·
·
·
·
·
·
·
·
−0.0
−0.0
−0.0
−0.0
EBITDA $B
·
·
·
·
·
·
·
·
·
·
·
·
0.0
0.0
−0.0
−0.0
Income tax $B
0.0
0.0
0.0
−0.0
·
·
·
·
·
·
·
·
·
·
·
·
Net income $B
0.1
0.1
0.1
0.0
0.0
0.0
−0.1
0.0
−0.0
0.0
0.0
−0.0
−0.0
−0.0
−0.0
−0.0
EPS, diluted $
0.89
0.51
0.48
0.42
0.15
0.05
−0.67
0.20
−0.21
0.05
0.07
−0.13
−0.18
−0.51
−1.57
−4.44
Dividend / sh $
1.25
1.19
1.14
1.09
1.03
0.59
2.01
0.67
0.67
0.67
0.67
0.67
0.67
0.65
0.65
0.22
Payout %
141
214
239
263
706
1034
−194
206
−193
720
445
−250
−156
−70
−30
·
ROE %
4.8
2.7
2.5
2.2
0.8
0.3
−3.3
2.6
−3.4
0.7
1.0
−1.6
−1.6
−5.6
−31.4
−64.6
Shares out B
·
0.13
0.12
·
·
0.28
0.29
0.28
0.19
0.19
0.18
0.18
0.18
0.01
0.00
0.00
Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.
How we verifyAUDITED
30 of 30
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity
Every figure was compared against the original statement: 0 failures and 0 presentation gaps.
What we don’t show
We’d rather say what’s missing than fill the gap with an estimate.
P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed