PECONasdaqReal Estate Investment TrustsFiscal year ends December 31
Phillips Edison & Company, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 24, 2026
$37.79−0.42 (-1.10%)
Close on Oct 19, 2026
- Market cap
- $5.26B
- P/E (TTM)
- 34.0
- Dividend yield
- 3.32%
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
–
Net margin
15.3%+14.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +9.9% | +8.1% | +7.8% | +11.6% | |
| Net income | +77.6% | +32.1% | +87.7% | +23.6% | |
| EPS, diluted | +74.5% | +28.4% | +77.9% | +15.5% | |
| Dividend per share | +5.3% | +4.7% | +16.3% | -4.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 0.7% | 0.3% | 4.8% | |
| Return on assets | 0.4% | 0.1% | 2.2% | |
| Diluted shares | 62M | 111M | 139M |
Cash use needs five years of cash flow figures
Phillips Edison & does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin15.3%
×Asset turnover0.14×
×Equity multiplier2.24×
=Return on equity, FY20254.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 15.3% | 0.14× | 2.24× | 4.8% |
| FY2024 | 9.5% | 0.13× | 2.14× | 2.7% |
| FY2023 | 9.3% | 0.13× | 2.11× | 2.5% |
| FY2022 | 8.4% | 0.12× | 2.14× | 2.2% |
| FY2021 | 2.8% | 0.11× | 2.43× | 0.8% |
| FY2020 | 1.0% | 0.10× | 2.71× | 0.3% |
| FY2019 | -11.8% | 0.11× | 2.62× | -3.3% |
| FY2018 | 9.1% | 0.10× | 2.85× | 2.6% |
| FY2017 | -12.3% | 0.11× | 2.63× | -3.4% |
| FY2016 | 3.5% | 0.11× | 1.87× | 0.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$111.30M
- Cash generatingOperating cash flow above zero$348.15M
- Return on assets improvedROA up on the prior year1.3% → 2.2%
- Earnings backed by cashOperating cash flow above net income$348.15M vs $111.30M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise137M → 139M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.14 → 0.14