Phillips Edison & Company annual debt-to-equity ratio
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2025
Phillips Edison & Company Debt-to-Equity Ratio Growth & History (PECO)
Phillips Edison & Company's debt-to-equity ratio was 1.04 for fiscal 2025.
View full Phillips Edison & Company company overviewPhillips Edison & Company annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.04 | 0.13 | +14.23% |
| 2024 | 2024-12-31 | 0.91 | 0.06 | +6.64% |
| 2023 | 2023-12-31 | 0.85 | 0.00 | +0.52% |
| 2022 | 2022-12-31 | 0.85 | −0.03 | −3.67% |
| 2021 | 2021-12-31 | 0.88 | −0.48 | −35.09% |
| 2020 | 2020-12-31 | 1.36 | 0.05 | +3.55% |
| 2019 | 2019-12-31 | 1.31 | 0.08 | +6.59% |
| 2018 | 2018-12-31 | 1.23 | −0.50 | −28.67% |
| 2017 | 2017-12-31 | 1.73 | 0.84 | +94.80% |
| 2016 | 2016-12-31 | 0.89 | 0.22 | +32.82% |
| 2015 | 2015-12-31 | 0.67 | 0.19 | +39.11% |
| 2014 | 2014-12-31 | 0.48 | 0.34 | +251.04% |
| 2013 | 2013-12-31 | 0.14 | −1.35 | −90.83% |
| 2012 | 2012-12-31 | 1.49 | — | — |
Phillips Edison & Company quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.03 | −0.01 | −1.22% |
| Q1 2026 | 2026-03-31 | 1.09 | 0.11 | +10.86% |
| Q4 2025 | 2025-12-31 | 1.04 | 0.13 | +14.23% |
| Q3 2025 | 2025-09-30 | 1.05 | 0.11 | +11.91% |
| Q2 2025 | 2025-06-30 | 1.04 | 0.15 | +16.63% |
| Q1 2025 | 2025-03-31 | 0.99 | 0.11 | +12.42% |
| Q4 2024 | 2024-12-31 | 0.91 | 0.06 | +6.64% |
| Q3 2024 | 2024-09-30 | 0.94 | 0.11 | +12.93% |
| Q2 2024 | 2024-06-30 | 0.90 | 0.01 | +1.27% |
| Q1 2024 | 2024-03-31 | 0.88 | −0.01 | −1.41% |
| Q4 2023 | 2023-12-31 | 0.85 | 0.00 | +0.52% |
| Q3 2023 | 2023-09-30 | 0.83 | −0.00 | −0.29% |
| Q2 2023 | 2023-06-30 | 0.88 | 0.04 | +4.74% |
| Q1 2023 | 2023-03-31 | 0.89 | 0.02 | +2.62% |
| Q4 2022 | 2022-12-31 | 0.85 | −0.03 | −3.67% |
| Q3 2022 | 2022-09-30 | 0.83 | 0.05 | +5.95% |
| Q2 2022 | 2022-06-30 | 0.84 | −0.49 | −36.77% |
| Q1 2022 | 2022-03-31 | 0.87 | −0.49 | −36.05% |
| Q4 2021 | 2021-12-31 | 0.88 | −0.48 | −35.09% |
| Q3 2021 | 2021-09-30 | 0.78 | −0.53 | −40.51% |
| Q2 2021 | 2021-06-30 | 1.34 | 0.00 | +0.26% |
| Q1 2021 | 2021-03-31 | 1.35 | 0.01 | +0.45% |
| Q4 2020 | 2020-12-31 | 1.36 | 0.05 | +3.55% |
| Q3 2020 | 2020-09-30 | 1.32 | −0.04 | −2.97% |
| Q2 2020 | 2020-06-30 | 1.33 | 0.03 | +2.56% |
| Q1 2020 | 2020-03-31 | 1.35 | 0.11 | +8.64% |
| Q4 2019 | 2019-12-31 | 1.31 | 0.08 | +6.59% |
| Q3 2019 | 2019-09-30 | 1.36 | −0.63 | −31.59% |
| Q2 2019 | 2019-06-30 | 1.30 | −0.61 | −31.80% |
| Q1 2019 | 2019-03-31 | 1.24 | −0.53 | −30.09% |
| Q4 2018 | 2018-12-31 | 1.23 | −0.50 | −28.67% |
| Q3 2018 | 2018-09-30 | 1.99 | 0.86 | +75.86% |
| Q2 2018 | 2018-06-30 | 1.91 | 0.85 | +81.30% |
| Q1 2018 | 2018-03-31 | 1.78 | 0.83 | +88.02% |
| Q4 2017 | 2017-12-31 | 1.73 | 0.84 | +94.80% |
| Q3 2017 | 2017-09-30 | 1.13 | 0.35 | +44.51% |
| Q2 2017 | 2017-06-30 | 1.05 | 0.32 | +43.85% |
| Q1 2017 | 2017-03-31 | 0.94 | 0.29 | +44.80% |
| Q4 2016 | 2016-12-31 | 0.89 | 0.22 | +32.82% |
| Q3 2016 | 2016-09-30 | 0.78 | 0.18 | +29.18% |
| Q2 2016 | 2016-06-30 | 0.73 | 0.15 | +25.20% |
| Q1 2016 | 2016-03-31 | 0.65 | 0.61 | +1597.35% |
| Q4 2015 | 2015-12-31 | 0.67 | 0.19 | +39.11% |
| Q3 2015 | 2015-09-30 | 0.61 | 0.23 | +62.40% |
| Q2 2015 | 2015-06-30 | 0.58 | 0.34 | +136.71% |
| Q1 2015 | 2015-03-31 | 0.04 | — | — |
| Q4 2014 | 2014-12-31 | 0.48 | 0.34 | +251.04% |
| Q3 2014 | 2014-09-30 | 0.37 | 0.13 | +56.66% |
| Q2 2014 | 2014-06-30 | 0.25 | −0.22 | −47.06% |
| Q4 2013 | 2013-12-31 | 0.14 | −1.35 | −90.83% |
| Q3 2013 | 2013-09-30 | 0.24 | −1.79 | −88.26% |
| Q2 2013 | 2013-06-30 | 0.47 | −1.38 | −74.79% |
| Q1 2013 | 2013-03-31 | 1.44 | — | — |
| Q4 2012 | 2012-12-31 | 1.49 | — | — |
| Q3 2012 | 2012-09-30 | 2.03 | — | — |
| Q2 2012 | 2012-06-30 | 1.85 | — | — |
Phillips Edison & Company debt-to-equity ratio trends
Over the last five fiscal years, Phillips Edison & Company's debt-to-equity ratio decreased from 1.36 to 1.04, a change of −0.32. The latest reported quarter, Q2 2026, shows 1.03.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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