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Phillips Edison & Company, Inc. (PECO)

Phillips Edison & Company, Inc. (PECO)

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Balance Sheets Overview

Debt to Asset Ratio
51.00%
Unit: Thousand (K) dollars
Assets Breakdown
    • Total investment in real estate ...
    • Accumulated depreciation and amo...
    • Investment in unconsolidated joi...
    • Others
Liabilities Breakdown
    • Additional paid-in capital (apic...
    • Accumulated deficit
    • Noncontrolling interests
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Land and improvements
1,997,878
1,992,077
1,963,735
1,952,657
Building and improvements
4,437,900
4,401,481
4,305,174
4,293,614
In-place lease assets
549,076
546,454
538,324
540,571
Above-market lease assets
78,645
78,786
77,551
77,587
Total investment in real estate assets
7,063,499
7,018,798
6,884,784
6,864,429
Accumulated depreciation and amortization
2,020,828
2,009,942
1,957,569
1,928,005
Net investment in real estate assets
5,042,671
5,008,856
4,927,215
4,936,424
Investment in unconsolidated joint ventures
47,675
43,008
42,561
36,594
Total investment in real estate assets, net
5,090,346
5,051,864
4,969,776
4,973,018
Cash and cash equivalents
7,132
3,141
3,544
4,076
Restricted cash
22,824
19,218
39,768
1,735
Goodwill
29,066
29,066
29,066
29,066
Other assets, net
256,157
247,695
244,284
246,209
Real estate investments and other assets held for sale
39,388
-
-
8,250
Total assets
5,444,913
5,350,984
5,286,438
5,262,354
Debt obligations, net
2,450,755
2,489,365
2,375,328
2,385,326
Below-market lease liabilities, net
134,020
123,115
118,356
117,316
Accounts payable and other liabilities
155,303
135,294
180,332
156,805
Deferred income
35,585
23,245
23,044
22,722
Liabilities of real estate investments held for sale
1,095
-
-
461
Total liabilities
2,776,758
2,771,019
2,697,060
2,682,630
Preferred stock
-
-
0
-
Common stock, 0.01 par value per share, 1,000,000 shares authorized, 128,425 and 125,788 shares issued and outstanding at june30, 2026 and december 31, 2025, respectively
1,284
1,259
1,258
1,257
Additional paid-in capital (apic)
3,762,738
3,667,019
3,664,205
3,661,270
Accumulated other comprehensive income (aoci)
286
416
358
980
Accumulated deficit
-1,390,016
-1,389,918
-1,379,252
-1,385,714
Total stockholders equity
2,374,292
2,278,776
2,286,569
2,277,793
Noncontrolling interests
293,863
301,189
302,809
301,931
Total equity
2,668,155
2,579,965
2,589,378
2,579,724
Total liabilities and equity
5,444,913
5,350,984
5,286,438
5,262,354
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Building andimprovements$4,437,900K (4.03%↑ Y/Y)Land andimprovements$1,997,878K (2.58%↑ Y/Y)In-place lease assets$549,076K (1.23%↑ Y/Y)Above-market lease assets$78,645K (1.20%↑ Y/Y)Total investment inreal estate assets$7,063,499K (3.36%↑ Y/Y)Net investment inreal estate assets$5,042,671K (1.65%↑ Y/Y)Investment inunconsolidated joint ventures$47,675K (41.28%↑ Y/Y)Accumulated depreciationand amortization$2,020,828K (7.88%↑ Y/Y)Total investment inreal estate assets,...$5,090,346K (1.92%↑ Y/Y)Other assets, net$256,157K (8.19%↑ Y/Y)Real estateinvestments and other assets...$39,388K Goodwill$29,066K (0.00%↑ Y/Y)Restricted cash$22,824K (536.65%↑ Y/Y)Cash and cashequivalents$7,132K (27.56%↑ Y/Y)Total assets$5,444,913K (3.33%↑ Y/Y)Total liabilities andequity$5,444,913K (3.33%↑ Y/Y)Total liabilities$2,776,758K (3.80%↑ Y/Y)Total equity$2,668,155K (2.85%↑ Y/Y)Debt obligations,net$2,450,755K (2.41%↑ Y/Y)Accounts payable andother liabilities$155,303K (14.17%↑ Y/Y)Below-market leaseliabilities, net$134,020K (10.63%↑ Y/Y)Deferred income$35,585K (42.64%↑ Y/Y)Liabilities of real estateinvestments held for sale$1,095K Total stockholdersequity$2,374,292K (3.67%↑ Y/Y)Noncontrolling interests$293,863K (-3.36%↓ Y/Y)Accumulated deficit-$1,390,016K (-1.40%↓ Y/Y)Additional paid-in capital(apic)$3,762,738K (2.87%↑ Y/Y)Common stock, 0.01 parvalue per share,...$1,284K (2.23%↑ Y/Y)Accumulated othercomprehensive income (aoci)$286K (-85.62%↓ Y/Y)