Phillips Edison & Company, Inc. (PECO)
Phillips Edison & Company, Inc. is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. PECO has generated strong results through its vertically integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of December 31, 2025, PECO managed 324 shopping centers, including 297 wholly owned centers comprising 33.5 million square feet across 31 states and 27 shopping centers owned in three institutional joint ventures. PECO is focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time. Phillips Edison & Company, Inc. was incorporated in 1991.
Sector: Real Estate Investment Trusts
Industry: REIT - Retail
Phillips Edison & Co.
NASDAQ:PECOReal Estate · REIT - Retail
-0.83%$40.56
CLOSED · Nov 6Prev close$40.90-0.83%Close$40.560.00%AH close$40.56
AH$40.56+0.00%vs close
Mkt Cap$5.23B
Float127.93M
O/S129M
VOL777K sh
$ Vol$31.5M
RVOL0.63×
Inst Own90.2%
Div Yield3.24%
Dilution
Financials Summary
Revenue$732.3M
Net Income$111.3M
Total Assets$5.29B
Free Cash Flow$212M
Debt & Equity
Debt 52%
Equity 48%
Total Debt$2.49B
Total Equity$2.29B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in PECO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$5.29B
Liabilities$2.7B
Accounts Receivable$134.23M
Accounts Payable$180.33M
Inventory$0
PP&E (Net)$30.06M
Goodwill$29.07M
Intangible Assets$6.7M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Revenue | $732.3M | $661.39M | $610.12M | $575.37M | $532.85M | $498.02M | $536.71M | $430.39M | $311.54M | $257.73M | $242.1M | $188.22M | $73.17M | $17.55M | -$79K |
| YoY Growth | 10.7% | 8.4% | 6.0% | 8.0% | 7.0% | -7.2% | 24.7% | 38.1% | 20.9% | 6.5% | 28.6% | 157.2% | 316.9% | -22315.2% | - |
| Cost of Revenue | $742.48M | $190.32M | $175.12M | $163.22M | $158.29M | $154.51M | $161.06M | $132.54M | $97.28M | $78.52M | $79.09M | $75.61M | $40.33M | $8.99M | $0 |
| Gross Profit | -$10.19M | $471.07M | $435M | $412.15M | $374.55M | $343.51M | $375.64M | $297.85M | $214.26M | $179.21M | $163.01M | $112.6M | $32.84M | $8.56M | -$79K |
| Gross Margin | -1.4% | 71.2% | 71.3% | 71.6% | 70.3% | 69.0% | 70.0% | 69.2% | 68.8% | 69.5% | 67.3% | 59.8% | 44.9% | 48.8% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $51.64M | $45.61M | $44.37M | $45.23M | $48.82M | $41.38M | $48.52M | $50.41M | $60.91M | $36.31M | $15.83M | $36.48M | $4.35M | $1.72M | $0 |
| Other | -$260.67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | -$209.03M | $45.61M | $44.37M | $45.23M | $48.82M | $41.38M | $48.52M | $50.41M | $60.91M | $36.31M | $15.83M | $36.48M | $4.35M | $9.81M | $0 |
| Operating Income (EBIT) | $198.85M | $425.46M | $390.64M | $366.91M | $325.73M | $302.13M | $327.12M | $247.44M | $153.35M | $142.91M | $147.18M | $76.12M | $28.49M | -$1.25M | $0 |
| Operating Margin | 27.2% | 64.3% | 64.0% | 63.8% | 61.1% | 60.7% | 60.9% | 57.5% | 49.2% | 55.4% | 60.8% | 40.4% | 38.9% | -7.1% | - |
| Interest Expense | $110.25M | $95.7M | $83.86M | $71.2M | $76.37M | $85.3M | $103.17M | $72.64M | $45.66M | $32.46M | $32.39M | $20.36M | $10.51M | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.02M | $0 |
| Other Income (Expense) | -$74.57M | -$353.95M | -$326.44M | -$312.38M | -$308.5M | -$296.67M | -$399.94M | -$200.46M | -$195.07M | -$133.86M | -$133.62M | -$98.75M | -$40.84M | -$3.02M | -$1.6M |
| Income Before Tax (EBT) | $124.28M | $71.52M | $64.2M | $54.53M | $17.23M | $5.46M | -$72.83M | $46.98M | -$41.72M | $9.04M | $13.56M | -$22.64M | -$12.35M | -$4.27M | -$2.36M |
| Income Tax Expense | $1.31M | $1.82M | $438K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.36M |
| Net Income | $111.3M | $62.69M | $56.85M | $48.32M | $15.12M | $4.77M | -$63.53M | $39.14M | -$38.39M | $8.93M | $13.36M | -$22.64M | -$12.4M | -$3.35M | -$2.36M |
| Net Income Margin | 15.2% | 9.5% | 9.3% | 8.4% | 2.8% | 1.0% | -11.8% | 9.1% | -12.3% | 3.5% | 5.5% | -12.0% | -17.0% | -19.1% | 2992.4% |
| Supplementary Data | |||||||||||||||
| EPS | 0.90 | 0.51 | 0.48 | 0.42 | 0.15 | 0.05 | -0.67 | 0.60 | -0.63 | 0.15 | 0.22 | -0.38 | -0.53 | -1.54 | 0.00 |
| Diluted EPS | 0.89 | 0.51 | 0.48 | 0.42 | 0.13 | 0.05 | -0.67 | 0.59 | -0.64 | 0.15 | 0.22 | -0.39 | -0.54 | -1.54 | 0.00 |
| Weighted Average OS | 124.21M | 123.06M | 118.55M | 115.50M | 102.40M | 97.11M | 94.64M | 66.61M | 60.07M | 61.46M | 61.23M | 58.04M | 22.97M | 2.17M | 0 |
| EBITDA | $497.1M | $418.88M | $385.46M | $362.59M | $322.15M | $298.95M | $322.93M | $243.49M | $150.75M | $138.88M | $143.25M | $73.6M | $27.76M | $6.99M | $1.05M |
| EBITDA Margin | 67.9% | 63.3% | 63.2% | 63.0% | 60.5% | 60.0% | 60.2% | 56.6% | 48.4% | 53.9% | 59.2% | 39.1% | 37.9% | 39.8% | -1325.3% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Assets | |||||||||||||||
| Current Assets | |||||||||||||||
| Cash and Cash Equivalents | $3.54M | $4.88M | $4.87M | $5.48M | $92.58M | $104.3M | $17.82M | $16.79M | $5.72M | $8.22M | $40.68M | $15.65M | $460.25M | $1.05M | $6.97M |
| Short-Term Investments | $16.36M | $0 | $8.57M | $7.79M | $5.55M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $800K | $7.65M | $0 |
| Cash and Short-Term Investments | $19.9M | $4.88M | $13.44M | $13.27M | $98.14M | $104.3M | $17.82M | $16.79M | $5.72M | $8.22M | $40.68M | $15.65M | $461.05M | $8.71M | $6.97M |
| Accounts Receivable | $134.23M | $119.36M | $107.64M | $89.93M | $77.69M | $79.73M | $76.14M | $5.13M | $65.51M | $0 | $0 | $0 | $12.98M | $2.71M | $786K |
| Inventory | $0 | $0 | $0 | $0 | $1.56M | $0 | $6.04M | $17.36M | -$16.5M | -$11.92M | -$11.5M | $0 | -$13.78M | $0 | $0 |
| Other Current Assets | $39.77M | $21.35M | $4.01M | -$2.7M | $11.29M | $18.95M | $1.14M | $67.51M | $21.73M | $44.71M | $6.83M | $6.8M | $0 | -$11.41M | $0 |
| Total Current Assets | $193.89M | $145.59M | $125.08M | $115.07M | $200.32M | $211.67M | $101.15M | $106.79M | $97.19M | $49.95M | $47.51M | $22.45M | $470.91M | $11.41M | $7.75M |
| Long-Term Assets | |||||||||||||||
| Property, Plant & Equipment Net | $30.06M | $4.58B | $24.07M | $23.05M | $24.82M | $21.58M | $19.43M | $14.31M | $10.31M | $2.25B | $2.12B | $2.07B | $1.11B | $0 | $0 |
| Goodwill | $29.07M | $29.07M | $29.07M | $29.07M | $29.07M | $29.07M | $29.07M | $29.07M | $29.09M | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $6.7M | $206.65M | $6.69M | $6.69M | $6.71M | $6.8M | $2.44M | $14.05M | $55.1M | $43.03M | $233.55M | $220.6M | $107.73M | $20.96M | $6.8M |
| Long-Term Investments | $49.44M | $45.88M | $32.09M | $37M | $34.33M | $37.37M | $42.85M | $45.65M | $902K | -$2.38B | $22K | $0 | $0 | $283.86M | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $4.51B | $5.16B | $3.3B | $2.38B | -$22K | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $4.98B | $43.89M | $4.65B | $4.52B | $4.37B | $4.37B | $126.25M | -$209.88M | $37.41M | $37.55M | -$164.19M | -$166.55M | $36.35M | $9.18M | $0 |
| Total Long-Term Assets | $5.09B | $4.9B | $4.74B | $4.62B | $4.47B | $4.47B | $4.73B | $5.06B | $3.43B | $2.33B | $2.19B | $2.13B | $1.25B | $314M | $6.8M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $325.41M | $57.33M |
| Total Assets | $5.29B | $5.05B | $4.87B | $4.74B | $4.67B | $4.68B | $4.83B | $5.16B | $3.53B | $2.38B | $2.23B | $2.15B | $1.72B | $325.41M | $71.89M |
| Liabilities | |||||||||||||||
| Current Liabilities | |||||||||||||||
| Accounts Payable | $180.33M | $145.38M | $116.46M | $113.19M | $97.23M | $176.94M | $124.05M | $123.04M | $102.64M | $56.21M | $49.16M | $49.71M | $29.53M | $0 | $0 |
| Short-Term Debt | $92M | $37.64M | $181M | $79M | $0 | $0 | $0 | $73.36M | $61.57M | $0 | $0 | $65.89M | $0 | $18.9M | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $23.04M | $22.91M | $18.36M | $18.48M | $19.14M | $14.58M | $15.96M | $14.03M | $0 | -$176.97M | -$141M | -$291.7M | $0 | $0 | $0 |
| Other Current Liabilities | $0 | -$10.74M | $0 | $0 | $288K | $0 | $0 | -$83.75M | -$67.91M | -$51.64M | $141M | -$114.62M | -$28.59M | $9.24M | $0 |
| Total Current Liabilities | $295.38M | $195.64M | $315.82M | $210.67M | $116.66M | $191.52M | $140.01M | $126.67M | $149.78M | $56.21M | $49.16M | $49.71M | $30.74M | $18.9M | $47K |
| Long-Term Liabilities | |||||||||||||||
| Long-Term Debt | $2.28B | $2.07B | $1.79B | $1.82B | $1.89B | $2.29B | $2.35B | $2.44B | $1.81B | $879.19M | $845.96M | $358.76M | $200.87M | $140.11M | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $15.96M | $14.03M | $2.05B | $1.16B | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $5.02M | $132.66M | $90.62M | $43.03M | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $140.44M | $0 | $0 | $76.53M | $76.76M | $37.02M | $38.4M | $90.62M | $181.57M | $0 | $42.45M | $49.47M | $14.13M | $57.96M |
| Total Long-Term Liabilities | $2.4B | $2.22B | $1.9B | $1.93B | $2.08B | $2.47B | $2.52B | $2.62B | $1.9B | $1.1B | $893.86M | $722.79M | $221.26M | $154.24M | $57.96M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $145M | $0 |
| Total Liabilities | $2.7B | $2.41B | $2.21B | $2.14B | $2.19B | $2.66B | $2.66B | $2.75B | $2.05B | $1.16B | $943.02M | $772.51M | $252M | $173.14M | $58.01M |
| Stockholders' Equity | |||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.26M | $1.25M | $1.22M | $1.17M | $1.13M | $2.8M | $2.89M | $2.8M | $1.85M | $1.85M | $1.81M | $1.82M | $1.76M | $138K | $27K |
| Retained Earnings | -$1.38B | -$1.33B | -$1.25B | -$1.17B | -$1.09B | -$999.49M | -$947.25M | -$692.04M | -$601.24M | -$438.15M | -$323.76M | -$213.97M | -$71.19M | -$11.72M | -$4.13M |
| Comprehensive Income & Other | $358K | $4.3M | $10.52M | $21M | -$24.82M | -$52.31M | -$20.76M | $12.36M | $16.5M | $10.59M | $22K | $0 | $690K | $0 | $0 |
| Other Stockholders' Equity | $3.66B | $3.65B | $3.56B | $3.4B | $3.24B | $2.69B | $2.76B | $2.69B | $1.65B | $1.64B | $1.59B | $1.57B | $1.54B | $118.24M | $17.98M |
| Total Equity | $2.29B | $2.32B | $2.31B | $2.24B | $2.15B | $1.69B | $1.81B | $2B | $1.05B | $1.2B | $1.27B | $1.36B | $1.47B | $106.66M | $13.88M |
| Minority Interest | $302.81M | $314.06M | $343.04M | $360.95M | $326.81M | $325.57M | $354.79M | $414.91M | $432.44M | $23.41M | $25.18M | $22.76M | $93K | $45.62M | $13.3M |
| Total Liabilities and Equity | $4.98B | $4.73B | $4.52B | $4.37B | $4.34B | $4.35B | $4.47B | $4.75B | $3.09B | $2.36B | $2.21B | $2.13B | $1.72B | $279.8M | $71.89M |
| Supplementary Data | |||||||||||||||
| Total Debt | $2.49B | $2.11B | $2.08B | $2.01B | $2B | $2.39B | $2.47B | $2.51B | $1.81B | $1.06B | $854.08M | $650.46M | $200.87M | $159.01M | $0 |
| Net Debt | $2.49B | $2.11B | $2.07B | $2B | $1.91B | $2.29B | $2.45B | $2.5B | $1.8B | $1.05B | $813.4M | $634.81M | -$259.38M | $157.95M | -$6.97M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Operating Activities | ||||||||||||||
| Net Income | $122.97M | $62.69M | $56.85M | $54.53M | $17.23M | $5.46M | -$72.83M | $46.98M | -$41.72M | $9.04M | $13.56M | -$22.64M | -$12.35M | -$3.35M |
| Depreciation & Amortization | $257.73M | $246.43M | $231.26M | $231.9M | $217.85M | $221.51M | $232.69M | $187.33M | $128.07M | $102.07M | $97.55M | $76.64M | $29.78M | $8.24M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$18.98M | -$11.75M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $11.68M | $9.7M | $9.4M | $15.41M | $16.39M | $5.86M | $7.72M | $5.1M | $27.44M | $0 | $0 | $27.85M | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.59M | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $14.83M | $26.36M | $2.11M | $9.96M | $8.51M | -$8.94M | -$13.55M | -$12.55M | $5.43M | $6.84M | $1.83M | $11.41M | $13.02M | $943K |
| Other Working Capital | -$17.51M | -$16.62M | -$11.52M | -$10.15M | -$4.5M | -$6.95M | $1.27M | -$7.33M | -$7.99M | -$10.78M | -$9.33M | -$16.74M | -$12.89M | -$943K |
| Total Working Capital Change | -$2.68M | $9.74M | -$9.41M | -$192K | $4.01M | -$15.89M | -$12.28M | -$19.88M | $1.03M | -$3.94M | -$7.5M | -$5.33M | $126K | $943K |
| Other Non-Cash Items | -$41.55M | $6.16M | $2.87M | -$10.75M | $26.39M | $5.38M | $71.58M | -$66.23M | -$5.96M | -$4.1M | $2.46M | -$853K | $986K | -$866K |
| Net Cash from Operating | $348.15M | $334.71M | $290.97M | $290.89M | $262.9M | $210.58M | $226.88M | $153.29M | $108.86M | $103.08M | $106.07M | $75.67M | $18.54M | $4.03M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | -$136.14M | -$95.08M | -$95.26M | -$104.5M | -$75.03M | -$63.97M | -$75.49M | -$48.98M | -$201.84M | -$227.23M | -$113.01M | -$726.6M | -$767.41M | -$705K |
| Acquisitions | -$11.83M | -$6.58M | $1.97M | $4.15M | $5.04M | $3.45M | -$11.69M | -$201.67M | -$456.7M | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$8.31M | -$4.08M | $0 | -$3M | -$8.51M | -$41.48M | $0 | -$87.07M | -$159.7M | -$201.11M | -$91.17M | $0 | $0 | $0 |
| Sales of Investments | $133K | $5.85M | $400K | $52.02M | $75.03M | $57.9M | $0 | $78.65M | $37.8M | $1.01M | $2.27M | $520K | $0 | $0 |
| Other Investing Activities | -$236.14M | -$293.05M | -$260.49M | -$279.92M | -$177.02M | $0 | $151.36M | -$8.21M | $37.8M | $1.01M | $2.24M | $10.31M | -$8.81M | -$197.77M |
| Net Cash from Investing | -$392.29M | -$392.94M | -$353.39M | -$331.25M | -$180.49M | -$44.09M | $64.18M | -$258.87M | -$620.75M | -$226.22M | -$110.77M | -$715.77M | -$776.22M | -$198.48M |
| Financing Activities | ||||||||||||||
| Debt Repaid | -$252.71M | -$133.58M | -$58.5M | $2.92M | $407.7M | $64.98M | $19.41M | -$320.83M | -$656.21M | -$180.09M | -$171.98M | -$263.06M | $114.8M | -$69.52M |
| Common Stock Issuance | $0 | $74.55M | $149.13M | $90.12M | $508.35M | $0 | $0 | $0 | $0 | $0 | $0 | $2.53M | $1.59B | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | -$77.77M | -$5.27M | -$34.67M | -$53.15M | -$46.54M | -$20.3M | -$74.47M | -$3.32M | -$849K | -$35K |
| Dividends Paid | -$157.28M | -$134.02M | -$135.75M | -$127.08M | -$106.7M | -$49.33M | -$123.14M | -$80.73M | -$74.2M | -$64.27M | -$59.39M | -$56.61M | -$19.3M | -$2.35M |
| Other Financing Activities | -$16.63M | -$16.1M | -$17.93M | -$17.95M | -$15.01M | -$10.08M | -$29.68M | -$36.3M | -$26.1M | -$4.84M | -$8.39M | -$7.63M | -$241.37M | $33.15M |
| Net Cash from Financing | $78.8M | $58.01M | $53.95M | -$57.83M | -$98.82M | -$129.66M | -$280.25M | $162.44M | $509.38M | $90.69M | $29.73M | $195.5M | $1.21B | $195.13M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $34.66M | -$229K | -$8.47M | -$98.18M | -$16.41M | $36.83M | $10.8M | $56.86M | -$2.51M | -$32.46M | $25.03M | -$444.6M | $452.6M | $8.6M |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $348.15M | $334.71M | $290.97M | $290.89M | $262.9M | $210.58M | $226.88M | $153.29M | $108.86M | $103.08M | $106.07M | $75.67M | $18.54M | $4.03M |
| Capital Expenditure | -$136.14M | -$95.08M | -$95.26M | -$104.5M | -$75.03M | -$63.97M | -$75.49M | -$48.98M | -$201.84M | -$227.23M | -$113.01M | -$726.6M | -$767.41M | -$705K |
| Free Cash Flow | $212M | $239.63M | $195.71M | $186.4M | $187.87M | $146.61M | $151.38M | $104.31M | -$92.98M | -$124.15M | -$6.94M | -$650.93M | -$748.87M | $3.33M |
| Cash at Beginning | $8.65M | $8.88M | $17.35M | $115.53M | $131.94M | $95.11M | $84.3M | $27.45M | $8.22M | $40.68M | $15.65M | $460.25M | $7.65M | -$943K |
| Cash at End | $43.31M | $8.65M | $8.88M | $17.35M | $115.53M | $131.94M | $95.11M | $84.3M | $5.72M | $8.22M | $40.68M | $15.65M | $460.25M | $7.65M |