Piedmont Realty Trust, Inc. (PDM)
NYSE: PDM · Real-Time Price · USD
7.59
-0.29 (-3.68%)
Feb 27, 2026, 4:00 PM EST - Market closed

Piedmont Realty Trust Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Rental Revenue
537.99544.06555.31545.74514.62
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Property Management Fees
0.351.741.731.682.5
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Other Revenue
26.6624.5220.7116.3511.6
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Total Revenue
564.99570.32577.76563.77528.71
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Revenue Growth (YoY
-0.94%-1.29%2.48%6.63%-1.18%
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Property Expenses
227.87234.12235.09226.06210.93
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Selling, General & Administrative
30.5930.5929.1929.1330.25
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Depreciation & Amortization
166.53156.83148.46133.62120.62
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Total Operating Expenses
485.55491.26500.5479.74447.79
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Operating Income
79.4579.0777.2684.0380.92
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Interest Expense
-128.01-122.98-101.26-65.66-51.29
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Other Non-Operating Income
0.744.353.92.79.83
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EBT Excluding Unusual Items
-47.83-39.57-20.121.0739.45
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Impairment of Goodwill
---29.4-16-
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Gain (Loss) on Sale of Assets
2.01-0.451.95151.73-
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Asset Writedown
--33.83-0.05-9.98-41
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Other Unusual Items
-37.79-5.22-0.82--
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Pretax Income
-83.6-79.06-48.42146.82-1.55
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Income Tax Expense
00-0.04-0.01-0.38
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Earnings From Continuing Operations
-83.6-79.06-48.38146.83-1.17
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Net Income to Company
-83.6-79.06-48.38146.83-1.17
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Minority Interest in Earnings
-0.02-0.01-0.01-0.01
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Net Income
-83.62-79.07-48.39146.83-1.15
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Net Income to Common
-83.62-79.07-48.39146.83-1.15
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Basic Shares Outstanding
124124124123124
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Diluted Shares Outstanding
124124124124124
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Shares Change (YoY)
0.40%0.23%0.11%-0.37%-1.69%
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EPS (Basic)
-0.67-0.64-0.391.19-0.01
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EPS (Diluted)
-0.67-0.64-0.391.19-0.01
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Dividend Per Share
0.1250.5000.6700.8400.840
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Dividend Growth
-75.00%-25.37%-20.24%--
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Operating Margin
14.06%13.86%13.37%14.90%15.30%
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Profit Margin
-14.80%-13.86%-8.38%26.04%-0.22%
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EBITDA
261.71247.15231.07221.05206.9
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EBITDA Margin
46.32%43.34%39.99%39.21%39.13%
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D&A For Ebitda
182.27168.08153.8137.03125.98
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EBIT
79.4579.0777.2684.0380.92
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EBIT Margin
14.06%13.86%13.37%14.90%15.30%
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Funds From Operations (FFO)
139.95180.35214.4244.82245.42
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FFO Per Share
1.111.441.731.981.97
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Adjusted Funds From Operations (AFFO)
84.9496.91142.46178.04160.13
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AFFO Per Share
0.670.781.151.441.29
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FFO Payout Ratio
22.06%34.30%43.43%42.63%42.34%
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Revenue as Reported
564.99570.32577.76563.77528.71
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Source: S&P Capital IQ. Real Estate template. Financial Sources.