Piedmont Realty Trust, Inc. income statement
In fiscal 2025, Piedmont Realty Trust, Inc. reported revenue of $565m, down 0.9% on the year before and net income of −$83.6m, or −$0.67 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 543 | 523 | 525 | 521 | 550 | 566 | 585 | 556 | 574 | 526 | 533 | 535 | 529 | 564 | 578 | 570 | 565 | 582 |
| General and administrative | 27 | 28 | 25 | 21 | 22 | 24 | 30 | 27 | 29 | 30 | 38 | 27 | 30 | 29 | 29 | 35 | 31 | 33 |
| Operating income | 130 | 167 | 143 | 135 | 141 | 108 | 74 | 71 | 81 | 116 | — | — | — | — | — | — | — | — |
| Interest expense | 71 | 66 | 66 | 65 | 74 | 74 | 74 | 65 | 68 | 61 | 62 | 55 | 51 | 66 | 101 | 123 | 128 | 128 |
| Income tax | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0 | 0 | 0 | −0 | −0 | 0 | −0 | −0 | — |
| Net income | 75 | 120 | 225 | 93 | 99 | 42 | 131 | 100 | 134 | 130 | 229 | 233 | −1 | 147 | −48 | −79 | −84 | −88 |
| Diluted EPS | $0.47 | $0.70 | $1.30 | $0.55 | $0.60 | $0.27 | $0.87 | $0.69 | $0.92 | $1.00 | $1.82 | $1.85 | −$0.01 | $1.19 | −$0.39 | −$0.64 | −$0.67 | −$0.71 |
| Diluted shares (average) | 159m | 171m | 173m | 170m | 165m | 155m | 151m | 146m | 145m | 131m | 126m | 126m | 124m | 124m | 124m | 124m | 124m | 125m |
| EBITDA | 270 | 298 | 290 | 275 | 282 | 265 | 229 | 226 | 227 | 244 | — | — | — | — | — | — | — | — |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 143 | 143 | 140 | 139 | 143 | 143 | 144 | 151 |
| General and administrative | 13 | 8 | 8 | 8 | 7 | 8 | 8 | 9 |
| Interest expense | 32 | 32 | 32 | 32 | 32 | 32 | 32 | 32 |
| Net income | −30 | −10 | −17 | −13 | −43 | −13 | −11 | −21 |
| Diluted EPS | −$0.24 | −$0.08 | −$0.14 | −$0.11 | −$0.35 | −$0.10 | −$0.09 | −$0.17 |
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