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Financials · PDM

Piedmont Realty Trust Inc. (PDM) financials

For the twelve months ended Sep 30, 2026, Piedmont Realty Trust Inc. reported $581.51M of revenue and -$88.29M of net income.

Revenue, TTM
$581.51M
Revenue growth, YoY
+2.9%
Net income, TTM
-$88.29M
Net margin
-15.2%
EPS, diluted, TTM
-$0.70
Cash
$3.90M
Total debt
$2.34B
P/S
2.12
Market cap
$1.23B
Annual revenue$564.99M
FY2016FY2025
Annual net income-$83.62M
FY2016FY2025

PDM revenue and earnings growth

PDM revenueQ3 2026$151.24M

Quarter YoY
+8.7%
QoQ
+4.9%
FY YoY
-0.9%
5Y CAGR
+1.1%
10Y CAGR
-0.3%

PDM revenue was $151.24M in fiscal Q3 2026 (ended Sep 30, 2026), up 8.7% from a year earlier and up 4.9% from the prior quarter. For the full fiscal 2025 it was $564.99M, down 0.9% from fiscal 2024. Compound annual growth was +1.1% over 5 years and -0.3% over 10 years. It rose in 5 of the last 10 fiscal years.

PDM net incomeQ3 2026-$21.02M

PDM net income was -$21.02M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$13.46M a year earlier. For the full fiscal 2025 it was -$83.62M, compared with -$79.07M in fiscal 2024.

PDM EPSQ3 2026-$0.17

PDM diluted EPS was -$0.17 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$0.11 a year earlier. For the full fiscal 2025 it was -$0.67, compared with -$0.64 in fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$564.99M$570.32M$577.76M$563.77M$528.71M$535.02M$533.18M$525.97M$574.17M$555.72M
Selling, general and admin$30.59M$35.42M$29.19M$29.13M$30.25M$27.46M$37.90M$29.71M$29.32M$27.38M
Operating income-------$115.67M$81.30M$70.78M
Interest expense$128.00M$122.98M$101.26M$65.66M$51.29M$54.99M$61.59M$61.02M$68.12M$64.86M
Income tax-$1.0K-$2.0K$39.0K-$10.0K-$379.0K$4.0K$160.0K-$97.0K$13.0K$415.0K
Net income-$83.62M-$79.07M-$48.39M$146.83M-$1.15M$232.69M$229.26M$130.30M$133.56M$99.73M
EPS, basic-$0.67-$0.64-$0.39$1.19-$0.01$1.85$1.82$1.00$0.92$0.69
EPS, diluted-$0.67-$0.64-$0.39$1.19-$0.01$1.85$1.82$1.00$0.92$0.69
Diluted shares124.4M123.9M123.7M123.5M124.0M126.1M126.2M130.6M145.4M145.6M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$731.0K$109.64M$825.0K$16.54M$7.42M$7.33M$13.54M$4.57M$7.38M$6.99M
Goodwill$53.49M$53.49M$53.49M$82.94M$98.92M$98.92M$98.92M$98.92M$98.92M$98.92M
Total assets$4.03B$4.11B$4.06B$4.09B$3.93B$3.74B$3.52B$3.59B$4.00B$4.37B
Total debt$2.22B$2.22B$2.05B$1.98B$1.88B$1.62B$1.48B$1.69B$1.73B$2.02B
Total liabilities$2.53B$2.53B$2.33B$2.24B$2.14B$1.84B$1.70B$1.88B$2.01B$2.27B
Shareholders' equity$1.50B$1.59B$1.72B$1.85B$1.79B$1.90B$1.82B$1.71B$1.99B$2.10B

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$140.56M$198.11M$210.13M$215.22M$242.20M$193.28M$208.48M$202.87M$242.81M$231.85M
Investing cash flow-$175.35M-$186.62M-$196.02M-$1.25M-$368.93M-$197.88M$134.38M$323.78M$240.61M-$119.87M
Financing cash flow-$75.31M$98.18M-$29.50M-$203.23M$126.38M-$1.58M-$333.51M-$529.37M-$482.87M-$114.38M
Dividends paid$30.87M$61.86M$93.12M$104.37M$103.91M$106.31M$106.43M---
Share repurchases--$0$0$19.54M$29.99M$16.90M$298.54M$60.47M$7.94M
Stock-based compensation$9.67M$9.55M$8.09M$8.97M$10.98M$9.72M$15.45M$9.74M$9.20M$7.93M
Depreciation and amortization$181.16M$177.62M$179.40M$166.23M$149.24M$142.76M$132.60M$128.46M$145.84M$155.27M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY-0.9%-1.3%2.5%6.6%-1.2%0.3%1.4%-8.4%3.3%-5.0%
Net income growth, YoY-----1.5%76.0%-2.4%33.9%-24.0%
EPS growth, YoY-----1.6%82.0%8.7%33.3%-20.7%
Operating margin-------22.0%14.2%12.7%
Net margin-14.8%-13.9%-8.4%26.0%-0.2%43.5%43.0%24.8%23.3%17.9%
Return on equity-5.6%-5.0%-2.8%7.9%-0.1%12.3%12.6%7.6%6.7%4.8%
Return on assets-2.1%-1.9%-1.2%3.6%-0.0%6.2%6.5%3.6%3.3%2.3%
Debt to equity1.491.401.191.071.050.850.810.980.870.96

Source: XBRL data Piedmont Realty Trust Inc. files with the SEC, latest filing dated Oct 26, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

PDM peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
PDM$581.51M+2.9%-$88.29M-15.2%$1.23B
BN$75.10B-12.7%$1.31B1.7%$101.41B
BAM$5.74B+31.9%$3.06B53.4%$84.57B
NEN$96.39M+12.1%-$7.30M-7.6%$124.8M
MAYS$21.43M-3.9%-$1.15M-5.4%$85.0M
INTG$73.95M+14.9%$1.64M2.2%$83.1M
GYRO$2.80M--$3.11M-111.0%$8.8M

PDM FAQ

7 questions
  • What is PDM revenue?
    Piedmont Realty Trust Inc. (PDM) reported $581.51M of revenue for the twelve months ended Sep 30, 2026. That is up 2.9% from the year before. Revenue for fiscal 2025 was $564.99M.
  • Is PDM profitable?
    No. Piedmont Realty Trust Inc. reported a net loss of $88.29M for the twelve months ended Sep 30, 2026.
  • How much cash and debt does PDM have?
    Piedmont Realty Trust Inc. reported $3.90M in cash and cash equivalents and $2.34B of debt on its most recent balance sheet in SEC filings.
  • How fast is PDM revenue growing?
    Piedmont Realty Trust Inc.'s revenue changed -0.9% in fiscal 2025, to $564.99M. Its compound annual growth rate was +1.1% over 5 years and -0.3% over 10 years.
  • What is PDM earnings per share?
    Diluted earnings per share were -$0.70 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did PDM last report financial results?
    The latest statements here come from Piedmont Realty Trust Inc.'s 10-Q filed on Oct 26, 2026, covering the period ended Sep 30, 2026.
  • Where does this PDM financial data come from?
    Quantisnow builds these statements from the structured XBRL data Piedmont Realty Trust Inc. files with the SEC. It is provided for information only and is not investment advice.