Piedmont Realty Trust, Inc. (PDM)
NYSE: PDM · Real-Time Price · USD
9.48
-0.14 (-1.46%)
Aug 14, 2026, 4:00 PM EDT - Market closed
Piedmont Realty Trust Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Rental Revenue | 541.67 | 537.99 | 544.06 | 555.31 | 545.74 | 514.62 |
Property Management Fees | 0.45 | 0.35 | 1.74 | 1.73 | 1.68 | 2.5 |
Other Revenue | 27.31 | 26.66 | 24.52 | 20.71 | 16.35 | 11.6 |
| 569.43 | 564.99 | 570.32 | 577.76 | 563.77 | 528.71 | |
Revenue Growth (YoY | 0.69% | -0.94% | -1.29% | 2.48% | 6.63% | -1.18% |
Property Expenses | 227.64 | 227.87 | 234.12 | 235.09 | 226.06 | 210.93 |
Selling, General & Administrative | 31.21 | 30.59 | 30.59 | 29.19 | 29.13 | 30.25 |
Depreciation & Amortization | 173.84 | 166.53 | 156.83 | 148.46 | 133.62 | 120.62 |
Total Operating Expenses | 492.8 | 485.55 | 491.26 | 500.5 | 479.74 | 447.79 |
Operating Income | 76.64 | 79.45 | 79.07 | 77.26 | 84.03 | 80.92 |
Interest Expense | -128.18 | -128.01 | -122.98 | -101.26 | -65.66 | -51.29 |
Other Non-Operating Income | 0.62 | 0.74 | 4.35 | 3.9 | 2.7 | 9.83 |
EBT Excluding Unusual Items | -50.92 | -47.83 | -39.57 | -20.1 | 21.07 | 39.45 |
Impairment of Goodwill | - | - | - | -29.4 | -16 | - |
Gain (Loss) on Sale of Assets | - | 2.01 | -0.45 | 1.95 | 151.73 | - |
Asset Writedown | - | - | -33.83 | -0.05 | -9.98 | -41 |
Other Unusual Items | -29.79 | -37.79 | -5.22 | -0.82 | - | - |
Pretax Income | -80.71 | -83.6 | -79.06 | -48.42 | 146.82 | -1.55 |
Income Tax Expense | 0 | 0 | 0 | -0.04 | -0.01 | -0.38 |
Earnings From Continuing Operations | -80.71 | -83.6 | -79.06 | -48.38 | 146.83 | -1.17 |
Net Income to Company | -80.71 | -83.6 | -79.06 | -48.38 | 146.83 | -1.17 |
Minority Interest in Earnings | -0.02 | -0.02 | -0.01 | -0.01 | - | 0.01 |
Net Income | -80.73 | -83.62 | -79.07 | -48.39 | 146.83 | -1.15 |
Net Income to Common | -80.73 | -83.62 | -79.07 | -48.39 | 146.83 | -1.15 |
Net Income Growth | - | - | - | - | - | - |
Basic Shares Outstanding | 125 | 124 | 124 | 124 | 123 | 124 |
Diluted Shares Outstanding | 125 | 124 | 124 | 124 | 124 | 124 |
Shares Change | 0.44% | 0.40% | 0.23% | 0.11% | -0.37% | -1.69% |
EPS (Basic) | -0.65 | -0.67 | -0.64 | -0.39 | 1.19 | -0.01 |
EPS (Diluted) | -0.65 | -0.67 | -0.64 | -0.39 | 1.19 | -0.01 |
EPS Growth | - | - | - | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Dividend Per Share | - | 0.125 | 0.500 | 0.670 | 0.840 | 0.840 |
Dividend Growth | - | -75.00% | -25.37% | -20.24% | 0% | 0% |
Operating Margin | 13.46% | 14.06% | 13.86% | 13.37% | 14.90% | 15.30% |
Profit Margin | -14.18% | -14.80% | -13.86% | -8.38% | 26.04% | -0.22% |
EBITDA | 269.19 | 261.71 | 247.15 | 231.07 | 221.05 | 206.9 |
EBITDA Margin | 47.27% | 46.32% | 43.34% | 39.99% | 39.21% | 39.13% |
D&A For Ebitda | 192.55 | 182.27 | 168.08 | 153.8 | 137.03 | 125.98 |
EBIT | 76.64 | 79.45 | 79.07 | 77.26 | 84.03 | 80.92 |
EBIT Margin | 13.46% | 14.06% | 13.86% | 13.37% | 14.90% | 15.30% |
Funds From Operations (FFO) | 151.78 | 139.95 | 180.35 | 214.4 | 244.82 | 245.42 |
FFO Per Share | 1.20 | 1.11 | 1.44 | 1.73 | 1.98 | 1.97 |
Adjusted Funds From Operations (AFFO) | - | 84.94 | 96.91 | 142.46 | 178.04 | 160.13 |
AFFO Per Share | - | 0.67 | 0.78 | 1.15 | 1.44 | 1.29 |
FFO Payout Ratio | 0.10% | 22.06% | 34.30% | 43.43% | 42.63% | 42.34% |
Revenue as Reported | 569.43 | 564.99 | 570.32 | 577.76 | 563.77 | 528.71 |