Piedmont Realty Trust, Inc. (PDM)

Piedmont Realty Trust Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-83.62	-79.07	-48.39	146.83	-1.15
Depreciation & Amortization	182.27	168.08	153.8	137.03	125.98
Other Amortization	49.97	59.66	78.9	82.12	76.56
Gain (Loss) on Sale of Assets	-2.01	0.45	-1.95	-151.73	-
Asset Writedown	-	33.83	29.45	25.98	41
Stock-Based Compensation	9.67	9.55	8.09	8.97	10.98
Change in Accounts Receivable	-23.56	-11.83	-14.12	-14.16	-9.69
Change in Accounts Payable	-18.24	14.44	19.26	-1.59	1.86
Change in Other Net Operating Assets	3.43	1.02	-10.69	4.77	1.92
Other Operating Activities	37.81	0.39	0.3	-	-0.01
Operating Cash Flow	140.57	198.11	210.13	215.22	242.2
Operating Cash Flow Growth	-29.05%	-5.72%	-2.36%	-11.14%	25.31%
Acquisition of Real Estate Assets	-157.24	-212.11	-158.19	-392.27	-348.64
Sale of Real Estate Assets	31.35	74.89	1.95	297.39	-
Net Sale / Acq. of Real Estate Assets	-125.89	-137.22	-156.25	-94.88	-348.64
Other Investing Activities	-	-	-	118.5	-
Investing Cash Flow	-175.35	-186.62	-196.02	-1.25	-368.93
Long-Term Debt Issued	998.04	918.97	1,413	803.42	789.58
Long-Term Debt Repaid	-1,002	-754.61	-1,345	-897	-535.61
Net Debt Issued (Repaid)	-4.3	164.36	67.69	-93.58	253.97
Repurchase of Common Stock	-2.27	-1.76	-1.76	-3.94	-22.6
Common Dividends Paid	-30.87	-61.86	-93.12	-104.37	-103.91
Other Financing Activities	-37.86	-2.56	-2.32	-1.33	-1.09
Net Cash Flow	-110.09	109.68	-15.39	10.74	-0.35
Cash Interest Paid	141.5	117.5	81	66.1	-
Levered Free Cash Flow	211.5	259.32	172.66	331.73	246.04
Unlevered Free Cash Flow	283.39	329.37	230.09	369	274.82
Change in Working Capital	-53.51	5.22	-9.07	-30.99	-10.6

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q