Piedmont Realty Trust, Inc. (PDM) Financial Statements
Industry: Opeators of Nonresidential Buildings
In fiscal 2025, Piedmont Realty Trust reported revenue of $565.0M, down 0.9% from $570.3M the year before. Net income was -$83.6M (a -14.8% net margin), or -$0.67 per diluted share. Gross margin was 14.1% and operating margin was 8.6%. Operating activities generated $140.6M of cash. At fiscal year end, Piedmont Realty Trust held $4.03B in total assets against $2.53B in total liabilities, including $731,000 of cash and equivalents.
Open the full interactive Piedmont Realty Trust financials → Quarterly statements, key ratios, valuation history and price charts.
Piedmont Realty Trust Key Stats
| Share Price | $9.10 |
|---|---|
| Market Cap | $1.14B |
| Revenue YoY Growth | -0.9% |
| 52-Week Range | $6.39 – $9.96 |
| Shares Outstanding | 125.1 million (basic, 2026 Q2) |
Piedmont Realty Trust Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $535.0M | $528.7M | $563.8M | $577.8M | $570.3M | $565.0M |
| Cost of Goods Sold | $446.3M | $488.8M | $505.7M | $529.9M | $529.9M | $485.5M |
| Gross Profit | $88.8M | $39.9M | $58.0M | $47.8M | $40.4M | $79.4M |
| Operating Income | -$142.6M | -$196.9M | $28.9M | $18.6M | $5.0M | $48.9M |
| Pre-Tax Income | $232.7M | -$1.5M | $146.8M | -$48.4M | -$79.1M | -$83.6M |
| Income Tax | $4,000 | -$379,000 | -$10,000 | -$39,000 | $2,000 | -$1,000 |
| Net Income | $232.7M | -$1.2M | $146.8M | -$48.4M | -$79.1M | -$83.6M |
| Diluted EPS | $0.18 | -$0.01 | $1.19 | -$0.39 | -$0.64 | -$0.67 |
Piedmont Realty Trust Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $139.2M | $142.9M | $143.3M | $144.1M |
| Net Income | -$13.5M | -$43.2M | -$12.9M | -$11.1M |
| Diluted EPS | -$0.11 | -$0.35 | -$0.10 | -$0.09 |
Piedmont Realty Trust Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $7.3M | $7.4M | $16.5M | $825,000 | $109.6M | $731,000 |
| Total Assets | $3.74B | $3.93B | $4.09B | $4.06B | $4.11B | $4.03B |
| Total Long-Term Debt | $1.62B | $1.88B | $1.98B | $2.05B | $2.22B | $2.22B |
| Total Liabilities | $1.84B | $2.14B | $2.24B | $2.33B | $2.53B | $2.53B |
| Shareholders' Equity | $1.90B | $1.79B | $1.85B | $1.72B | $1.59B | $1.50B |
Piedmont Realty Trust Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $193.3M | $242.2M | $215.2M | $210.1M | $198.1M | $140.6M |
| Cash From Investing | -$197.9M | -$368.9M | -$1.2M | -$196.0M | -$186.6M | -$175.3M |
| Cash From Financing | -$1.6M | $126.4M | -$203.2M | -$29.5M | $98.2M | -$75.3M |
Figures from Piedmont Realty Trust's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Piedmont Realty Trust financials page for every line item.
Piedmont Realty Trust Company Profile
| Ticker | PDM |
|---|---|
| Exchange | NYSE |
| Industry | Opeators of Nonresidential Buildings |
| Headquarters | Atlanta, Georgia |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001042776 |
Frequently Asked Questions
What was Piedmont Realty Trust's revenue in fiscal 2025?
Piedmont Realty Trust (PDM) reported revenue of $565.0M for fiscal 2025.
What is Piedmont Realty Trust's annual revenue history?
Piedmont Realty Trust's annual revenue by fiscal year: 2020: $535.0M; 2021: $528.7M; 2022: $563.8M; 2023: $577.8M; 2024: $570.3M; 2025: $565.0M.
What was Piedmont Realty Trust's net income in fiscal 2025?
Piedmont Realty Trust reported net income of -$83.6M for fiscal 2025.
What was Piedmont Realty Trust's earnings per share (EPS) in fiscal 2025?
Piedmont Realty Trust's diluted EPS was -$0.67 for fiscal 2025 (adjusted for any later stock splits).
What was Piedmont Realty Trust's revenue last quarter?
In its most recent reported quarter (2026 Q2), Piedmont Realty Trust reported revenue of $144.1M.
How much debt does Piedmont Realty Trust have?
Piedmont Realty Trust reported $2.22B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Piedmont Realty Trust are outstanding?
Piedmont Realty Trust reported a weighted average of 125.1 million basic shares outstanding in 2026 Q2.
What is Piedmont Realty Trust's market cap?
Based on its latest closing price, Piedmont Realty Trust (PDM) has a market capitalization of about $1.14B.
When does Piedmont Realty Trust's fiscal year end?
Piedmont Realty Trust's fiscal year end, as registered with the SEC, is December 31.
Where is Piedmont Realty Trust headquartered?
Piedmont Realty Trust lists its business address in Atlanta, Georgia in its SEC filings.