PDM
Piedmont Office Realty Trust, Inc.
NYSE · Real Estate · REIT - Office · US
$9.68
−0.10%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 569.4M | 565.0M | 570.3M | 577.8M | 563.8M |
| Cost of Revenue | 406.3M | 682.0M | 234.1M | 235.1M | 226.1M |
| Gross Profit | 163.1M | (117.1M) | 336.2M | 342.7M | 337.7M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 31.2M | 30.6M | 35.4M | 29.2M | 29.1M |
| General & Admin Expense | 31.2M | 30.6M | 35.4M | 29.2M | 29.1M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | (691.0K) | (227.1M) | 226.5M | 236.2M | 224.6M |
| Total Operating Expenses | 30.5M | (196.5M) | 262.0M | 265.4M | 253.7M |
| Cost and Expenses | 436.8M | 485.5M | 496.1M | 500.5M | 479.7M |
| Operating Income (EBIT) | 132.6M | 79.4M | 74.2M | 77.3M | 84.0M |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 127.6M | 128.0M | 123.0M | 101.3M | 65.7M |
| Net Interest Income | (127.6M) | (128.0M) | (123.0M) | (101.3M) | (65.7M) |
| Other Non-Op Income/Expense | (157.3M) | (163.0M) | (153.3M) | (125.6M) | 62.8M |
| Non-Operating Income (excl Interest) | 29.8M | 35.0M | 30.3M | 24.4M | (128.5M) |
| EBT (Pre-Tax Income) | (24.7M) | (83.6M) | (79.1M) | (48.4M) | 146.8M |
| Income Tax Expense | 56.0M | — | — | — | — |
| Bottom Line | |||||
| Net Income | (80.7M) | (83.6M) | (79.1M) | (48.4M) | 146.8M |
| Earnings from Cont. Ops | (80.7M) | (83.6M) | (79.1M) | (48.4M) | 146.8M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (80.7M) | (83.6M) | (79.1M) | (48.4M) | 146.8M |
| Per Share | |||||
| Basic EPS | ($0.65) | ($0.67) | ($0.64) | ($0.39) | $1.19 |
| Diluted EPS | ($0.65) | ($0.67) | ($0.64) | ($0.39) | $1.19 |
| Revenue Per Share | $4.55 | $4.54 | $4.60 | $4.67 | $4.57 |
| Shares | |||||
| Basic Shares Outstanding | 125.1M | 124.4M | 123.9M | 123.7M | 123.4M |
| Diluted Shares Outstanding | 125.1M | 124.4M | 123.9M | 123.7M | 123.5M |
| Profitability Metrics | |||||
| EBITDA | 322.3M | 271.5M | 221.8M | 289.1M | 437.0M |
| D&A | 219.5M | 227.1M | 177.9M | 236.2M | 224.6M |
| EBIT | 102.9M | 44.4M | 43.9M | 52.9M | 212.5M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026