PDM
Piedmont Office Realty Trust Inc
NYSE: PDM · REAL ESTATE · REIT - OFFICE
$8.36
+1.70% today
Updated 2026-04-30
Market cap
$1.03B
P/E ratio
—
P/S ratio
1.82x
EPS (TTM)
$-0.67
Dividend yield
—
52W range
$6 – $9
Volume
1.1M
Piedmont Office Realty Trust Inc (PDM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $579.31M | $593.25M | $621.97M | $604.88M | $588.84M | $541.64M | $536.38M | $554.50M | $566.25M | $584.77M | $555.72M | $574.17M | $525.97M | $533.18M | $535.02M | $528.71M | $563.77M | $577.76M | $570.32M | $564.99M |
| Revenue growth (YoY) | — | +2.4% | +4.8% | -2.7% | -2.7% | -8.0% | -1.0% | +3.4% | +2.1% | +3.3% | -5.0% | +3.3% | -8.4% | +1.4% | +0.3% | -1.2% | +6.6% | +2.5% | -1.3% | -0.9% |
| Cost of revenue | $227.03M | $212.18M | $221.28M | $229.81M | $217.87M | $208.71M | $212.93M | $222.98M | $239.44M | $242.00M | $218.93M | $220.63M | $209.34M | $211.38M | $214.93M | $210.93M | $226.06M | $235.09M | $234.12M | $682.05M |
| Gross profit | $352.27M | $381.07M | $400.69M | $375.07M | $370.97M | $332.93M | $323.45M | $331.53M | $326.82M | $342.77M | $336.78M | $353.54M | $316.63M | $321.80M | $320.09M | $317.78M | $337.71M | $342.67M | $336.20M | $-117.06M |
| Gross margin | 60.8% | 64.2% | 64.4% | 62.0% | 63.0% | 61.5% | 60.3% | 59.8% | 57.7% | 58.6% | 60.6% | 61.6% | 60.2% | 60.4% | 59.8% | 60.1% | 59.9% | 59.3% | 58.9% | -20.7% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $20.91M | $29.12M | $33.01M | $28.27M | $29.20M | $24.84M | $20.77M | $21.88M | $23.82M | $30.37M | $29.24M | $31.13M | $29.71M | $34.72M | $27.46M | $30.25M | $29.13M | $29.19M | $35.42M | $30.59M |
| Operating income | $165.79M | $168.41M | $203.85M | $183.43M | $192.86M | $148.37M | $139.78M | $140.19M | $107.82M | $76.84M | $73.79M | $81.30M | $115.67M | $287.08M | $88.76M | $80.92M | $84.03M | $77.26M | $74.24M | $79.44M |
| Operating margin | 28.6% | 28.4% | 32.8% | 30.3% | 32.8% | 27.4% | 26.1% | 25.3% | 19.0% | 13.1% | 13.3% | 14.2% | 22.0% | 53.8% | 16.6% | 15.3% | 14.9% | 13.4% | 13.0% | 14.1% |
| EBITDA | $329.40M | $342.75M | $365.96M | $269.06M | $321.14M | $250.25M | $285.69M | $236.06M | $303.00M | $312.00M | $307.89M | $396.33M | $288.55M | $216.41M | $292.63M | $256.73M | $437.04M | $289.10M | $252.13M | $271.49M |
| EBITDA margin | 56.9% | 57.8% | 58.8% | 44.5% | 54.5% | 46.2% | 53.3% | 42.6% | 53.5% | 53.4% | 55.4% | 69.0% | 54.9% | 40.6% | 54.7% | 48.6% | 77.5% | 50.0% | 44.2% | 48.1% |
| EBIT | $161.88M | $168.41M | $204.18M | $105.69M | $173.29M | $82.56M | $122.78M | $67.85M | $107.82M | $116.61M | $-143.14M | $-50.09M | $-121.75M | $104.40M | $88.76M | $50.13M | $212.49M | $52.88M | $74.24M | $44.40M |
| Interest expense | $61.33M | $63.87M | $74.85M | $77.74M | $72.76M | $65.82M | $65.02M | $75.94M | $74.45M | $74.00M | $64.86M | $68.12M | $61.02M | $61.59M | $54.99M | $51.29M | $65.66M | $101.26M | $122.98M | $128.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $133.32M | $133.61M | $131.31M | $74.70M | $120.38M | $225.04M | $93.20M | $98.73M | $43.35M | $172.99M | $107.89M | $133.56M | $130.30M | $229.26M | $232.69M | $-1.15M | $146.83M | $-48.39M | $-79.07M | $-83.60M |
| Net income growth (YoY) | — | +0.2% | -1.7% | -43.1% | +61.1% | +86.9% | -58.6% | +5.9% | -56.1% | +299.1% | -37.6% | +23.8% | -2.4% | +76.0% | +1.5% | -100.5% | +12834.6% | -133.0% | -63.4% | -5.7% |
| Profit margin | 23.0% | 22.5% | 21.1% | 12.3% | 20.4% | 41.5% | 17.4% | 17.8% | 7.7% | 29.6% | 19.4% | 23.3% | 24.8% | 43.0% | 43.5% | -0.2% | 26.0% | -8.4% | -13.9% | -14.8% |