Phillips Edison & Company, Inc.
PECO · XNASCIK 1476204fmd_0MKXTPTTQYWK09MYGQ8X75Z0K7Finance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2009 to Sep 30, 2026, 67 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Rental revenue | 194 | 302 | 396 | 522 | 485 | 519 | 561 | 598 | 648 | 709 |
| Total revenues | 258 | 312 | 430 | 537 | 498 | 533 | 575 | 610 | 661 | 727 |
| Property operating expenses | 42 | 54 | 77 | 91 | – | – | – | – | – | – |
| Real estate taxes | 37 | 43 | 55 | 70 | 67 | 65 | 68 | 73 | 78 | 86 |
| Depreciation and amortization | 106 | 131 | 191 | 237 | 225 | 221 | 236 | 236 | 253 | 266 |
| Gain on sale of real estate | 5 | 2 | 109 | 28 | 6 | 30 | 8 | 1 | (0) | 39 |
| Total operating expenses | 222 | 294 | 415 | 534 | 423 | 435 | 445 | 456 | 489 | 528 |
| Impairment of real estate | 0 | 0 | 41 | 87 | 2 | 7 | 0 | 0 | 0 | 0 |
| Compensation and benefits | – | – | – | – | – | – | 27 | 27 | 28 | 35 |
| Operating income | – | – | – | – | – | – | – | – | – | – |
| Funds from operations (NAREIT definition, derived) | 110 | 91 | 162 | 233 | 225 | 213 | 277 | 292 | 316 | 339 |
| Interest expense | 32 | 46 | 73 | 103 | 85 | 76 | 71 | 84 | 97 | – |
| Other non-operating income (expense) | 1 | 1 | (2) | (1) | 9 | (34) | (12) | (7) | (6) | (4) |
| Income tax expense | – | – | – | – | – | – | (1) | 0 | 2 | 1 |
| Net income | 9 | (38) | 39 | (64) | 5 | 15 | 48 | 57 | 63 | 111 |