Piedmont Realty Trust financials
$8.92−1.98%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $565.0M | $570.3M | $577.8M | $563.8M | $528.7M | $535.0M | $533.2M | $526.0M | $574.2M | $555.7M |
| Gross profit | $337.1M | $336.2M | $342.7M | $563.8M | $528.7M | $535.0M | $533.2M | $526.0M | $574.2M | $334.9M |
| Gross margin | 59.7% | 58.9% | 59.3% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 60.3% |
| Operating income | $79.4M | $40.4M | $47.8M | $58.0M | $39.9M | $88.8M | $92.3M | $115.7M | $81.3M | $70.8M |
| Net income | -$83.6M | -$79.1M | -$48.4M | $146.8M | -$1.2M | $232.7M | $229.3M | $130.3M | $133.6M | $99.7M |
| Net margin | −14.8% | −13.9% | −8.4% | 26.0% | −0.2% | 43.5% | 43.0% | 24.8% | 23.3% | 17.9% |
| Diluted EPS | $-0.67 | $-0.64 | $-0.39 | $1.19 | $-0.01 | $1.85 | $1.82 | $1.00 | $0.92 | $0.69 |
| EBITDA | $303.6M | $295.2M | $304.1M | $299.4M | $280.2M | $283.9M | $278.8M | $282.0M | $321.0M | $306.8M |
| Operating cash flow | $140.6M | $198.1M | $210.1M | $333.7M | $221.9M | $193.3M | $208.5M | $202.9M | $618.3M | $231.8M |
| Free cash flow | -$16.7M | -$14.0M | $51.9M | $212.4M | $99.3M | $80.7M | $104.9M | $130.8M | $538.5M | $121.6M |
| Diluted shares | 124.4M | 123.9M | 123.7M | 123.5M | 124.0M | 126.1M | 126.2M | 130.6M | 145.4M | 145.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $731.0K | $109.6M | $825.0K | $16.5M | $7.4M | $7.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $2.22B | $2.22B | $2.05B | $1.98B | $1.92B | $1.66B |
| Total assets | $4.03B | $4.11B | $4.06B | $4.09B | $3.93B | $3.74B |
| Total liabilities | $2.53B | $2.53B | $2.33B | $2.24B | $2.14B | $1.84B |
| Shareholders' equity | $1.50B | $1.59B | $1.72B | $1.85B | $1.79B | $1.90B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology