Piedmont Realty Trust Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property Revenue	564.65	568.59	576.03	562.09	526.21
Service and Other Revenue	0.35	1.74	1.73	1.68	2.5
Revenue	564.99	570.32	577.76	563.77	528.71
Revenue Growth (YoY)	-0.94%	-1.29%	2.48%	6.63%	-1.18%
Property Expenses	227.87	234.12	235.09	226.06	210.93
Total Property Expenses	227.87	234.12	235.09	226.06	210.93
Gross Profit	337.12	336.2	342.67	337.71	317.78
Selling, General & Admin	30.59	35.42	29.19	29.13	30.25
Depreciation & Amortization Expenses	227.09	226.54	236.21	224.55	206.61
Other Operating Expenses	-	33.83	29.45	25.98	41
Operating Income	79.45	40.41	47.82	58.05	39.92
Net Gains on Disposal of Properties	2.01	-0.45	1.95	151.73	-
Interest Expense	-128.01	-122.98	-101.26	-65.66	-51.29
Other Non-Operating Income (Expense)	-37.05	3.96	3.12	2.71	10.21
Total Non-Operating Income (Expense)	-163.05	-119.47	-96.19	88.78	-41.09
Pretax Income	-83.6	-79.06	-48.38	146.83	-1.17
Net Income	-83.62	-79.07	-48.39	146.83	-1.15
Minority Interest in Earnings	-0.02	-0.01	-0.01	-	0.01
Net Income to Common	-83.62	-79.07	-48.39	146.83	-1.15
Shares Outstanding (Basic)	124	124	124	123	124
Shares Outstanding (Diluted)	124	124	124	124	124
Shares Change (YoY)	0.40%	0.23%	0.11%	-0.37%	-1.69%
EPS (Basic)	-0.67	-0.64	-0.39	1.19	-0.01
EPS (Diluted)	-0.67	-0.64	-0.39	1.19	-0.01
Free Cash Flow	-16.68	-14	51.94	-177.05	-106.43
Free Cash Flow Per Share	-0.13	-0.11	0.42	-1.43	-0.86
Dividends Per Share	0.125	0.500	0.670	0.840	0.840
Dividend Growth	-75.00%	-25.37%	-20.24%	-	-
Gross Margin	59.67%	58.95%	59.31%	59.90%	60.10%
Operating Margin	14.06%	7.08%	8.28%	10.30%	7.55%
Profit Margin	-14.80%	-13.86%	-8.37%	26.04%	-0.22%
FCF Margin	-2.95%	-2.45%	8.99%	-31.41%	-20.13%
EBITDA	311.68	268.15	280.52	277.2	242.46
EBITDA Margin	55.17%	47.02%	48.55%	49.17%	45.86%
EBIT	79.45	40.41	47.82	58.05	39.92
EBIT Margin	14.06%	7.08%	8.28%	10.30%	7.55%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q