Below are the financial statements of Phillips Edison & Co, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues | — | — | — |
| Rental income | 647.59a | 597.5a | 560.54a |
| Fees and management income | 10.73a | 9.65a | 11.54a |
| Other property income | 3.07a | 2.98a | 3.29a |
| Total revenues | 661.39a | 610.12a | 575.37a |
| Operating expenses | — | — | — |
| Property operating | -112.63a | -102.3a | -95.36a |
| Real estate taxes | -77.68a | -72.82a | -67.86a |
| General and administrative | -45.61a | -44.37a | -45.24a |
| Depreciation and amortization | -253.02a | -236.44a | -236.22a |
| Impairment of real estate assets | 0a | 0a | -0.32a |
| Total operating expenses | -488.94a | -455.93a | -445a |
| Other | — | — | — |
| Interest expense, net | -96.99a | -84.23a | -71.2a |
| (Loss) gain on disposal of property, net | -0.03a | 1.11a | 7.52a |
| Other expense, net | -5.73a | -7.31a | -12.16a |
| Net income | 69.7a | 63.76a | 54.53a |
| Net income attributable to noncontrolling interests | -7.01a | -6.91a | -6.21a |
| Net income attributable to stockholders | 62.69a | 56.85a | 48.32a |
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