Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 661.4M
Gross Profit 471.1M 71.22%
Operating Income 170.6M 25.80%
Net Income 69.7M 10.54%
EPS (Diluted) $0.51

Balance Sheet Metrics

Total Assets 5.0B
Total Liabilities 2.4B
Shareholders Equity 2.6B
Debt to Equity 0.92

Cash Flow Metrics

Operating Cash Flow 333.0M
Free Cash Flow 239.6M

Revenue & Profitability Trend

Phillips Edison Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue661.4M610.1M575.4M532.8M498.0M
Cost of Goods Sold190.3M175.1M163.2M158.3M154.5M
Gross Profit471.1M435.0M412.1M374.6M343.5M
Operating Expenses45.6M44.4M45.2M48.8M41.4M
Operating Income170.6M153.8M130.7M104.3M77.4M
Pre-tax Income69.7M63.8M54.5M17.2M5.5M
Income Tax---327.0K491.0K
Net Income69.7M63.8M54.5M17.2M5.5M
EPS (Diluted)$0.51$0.48$0.42$0.15$0.06

Income Statement Trend

Phillips Edison Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets135.4M125.1M115.1M200.3M211.7M
Non-Current Assets4.9B4.7B4.6B4.5B4.5B
Total Assets5.0B4.9B4.7B4.7B4.7B
Liabilities
Current Liabilities226.6M315.8M210.7M116.7M191.5M
Non-Current Liabilities2.2B1.9B1.9B2.1B2.5B
Total Liabilities2.4B2.2B2.1B2.2B2.7B
Equity
Total Shareholders Equity2.6B2.7B2.6B2.5B2.0B

Balance Sheet Composition

Phillips Edison Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income69.7M63.8M54.5M17.2M5.5M
Operating Cash Flow333.0M288.4M296.9M281.9M205.4M
Investing Activities
Capital Expenditures-----
Investing Cash Flow-1.6M4.9M3.2M-3.5M3.5M
Financing Activities
Dividends Paid-134.0M-135.7M-127.1M-106.7M-49.3M
Financing Cash Flow58.0M53.9M21.2M-98.8M-384.7M
Free Cash Flow239.6M195.7M186.4M187.9M146.6M

Cash Flow Trend

Phillips Edison Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 59.60
Forward P/E 61.73
Price to Book 1.88
Price to Sales 7.05
PEG Ratio 61.73

Profitability Ratios

Profit Margin 10.51%
Operating Margin 28.00%
Return on Equity 3.00%
Return on Assets 2.22%

Financial Health

Current Ratio 1.36
Debt to Equity 86.92
Beta 0.46

Per Share Data

EPS (TTM) $0.58
Book Value per Share $18.43
Revenue per Share $5.49

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
peco4.8B59.601.883.00%10.51%86.92
Simon Property 60.4B25.5020.3867.31%34.25%773.47
Realty Income 51.6B51.911.322.51%18.10%69.96
Federal Realty 8.2B27.132.699.45%24.70%133.51
Agree Realty 7.9B40.661.443.55%30.05%52.67
NNN REIT 8.1B20.241.869.35%45.09%103.10

Financial data is updated regularly. All figures are in the company's reporting currency.