PDM
$9.25+3.47%
Piedmont Realty Trust Inc.Stock · Real EstateUS REITs · 0.06% of VNQRussell 2000 · 0.04% of IWMRussell 3000 · 0.002% of IWVUS Stock Market · 0.002% of VTI
PDM financial statements
The full income statement, balance sheet, and cash-flow statement for Piedmont Realty Trust Inc. (PDM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 124.0M2024-09 124.0M2024-12 124.3M2025-03 124.4M2025-06 124.5M2025-09 124.5M2025-12 124.8M2026-03 125.0M2026-06 125.1M+0.9% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 565M-0.9% | 570M-1.3% | 578M+2.5% | 564M+6.6% | 529M-1.2% | ||
| Lease income | 538M-1.1% | 544M-2.0% | 555M+1.8% | 546M+6.0% | 515M-1.0% | |
| Selling, general & administrative | 30.6M-13.7% | 35.4M+21.4% | 29.2M+0.2% | 29.1M-3.7% | 30.3M+10.2% | |
| General & administrative | 30.6M-13.7% | 35.4M+21.4% | 29.2M+0.2% | 29.1M-3.7% | 30.3M+10.2% | |
| Amortization of intangibles | 57.6M-10.2% | 64.1M-18.2% | 78.4M-4.1% | 81.8M+4.0% | 78.7M-7.0% | |
| Provision for credit losses | — | 0.00+100.0% | -1.00M+66.7% | -3.00M-8671.4% | 35.0K-99.6% | |
| Interest expense | 128M+4.1% | 123M+21.5% | 101M+54.2% | 65.7M+28.0% | 51.3M-6.7% | |
| Other non-operating income | -163M-36.5% | -119M-24.2% | -96.2M-208.3% | 88.8M+769.9% | 10.2M+294.5% | |
| Income tax | -1.00K+50.0% | -2.00K-105.1% | 39.0K+490.0% | -10.0K+97.4% | -379K-9575.0% | |
| -83.6M-5.8% | -79.1M-63.4% | -48.4M-133.0% | 147M+12834.6% | -1.15M-100.5% | ||
| Net income to non-controlling interest | 19.0K+280.0% | 5.00K-50.0% | 10.0K | 0.00+100.0% | -14.0K-366.7% | |
| -$0.67-4.7% | -$0.64-64.1% | -$0.39-132.8% | $1.19+12000.0% | -$0.01-100.5% | ||
| EPS (basic) | -$0.67-4.7% | -$0.64-64.1% | -$0.39-132.8% | $1.19+12000.0% | -$0.01-100.5% | |
| Weighted-avg shares (basic) | 124M+0.4% | 124M+0.2% | 124M+0.2% | 123M-0.5% | 124M-1.4% | |
| Weighted-avg shares (diluted) | 124M+0.4% | 124M+0.2% | 124M+0.1% | 124M-0.4% | 124M-1.7% | |
| Dividends per share | $0.50+0.0% | $0.50-25.4% | $0.67-20.2% | $0.84+0.0% | $0.84+0.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 731K-99.3% | 110M+13189.3% | 825K-95.0% | 16.5M+122.9% | 7.42M+1.2% | |
| 4.03B-2.0% | 4.11B+1.4% | 4.06B-0.7% | 4.09B+3.9% | 3.93B+5.1% | ||
| Operating lease right-of-use | — | — | 100K-50.0% | 200K+100.0% | 100K-50.0% | |
| Goodwill | 53.5M+0.0% | 53.5M+0.0% | 53.5M-35.5% | 82.9M-16.2% | 98.9M+0.0% | |
| Intangible assets | 44.4M-26.6% | 60.5M-26.8% | 82.6M-27.8% | 114M+21.2% | 94.4M+4.2% | |
| 2.53B+0.3% | 2.53B+8.2% | 2.33B+4.4% | 2.24B+4.3% | 2.14B+16.4% | ||
| Long-term debt | 2.22B+0.1% | 2.22B+8.2% | 2.05B+3.6% | 1.98B+5.6% | 1.88B+15.8% | |
| Operating lease liability (total) | — | — | 100K-50.0% | 200K+100.0% | 100K-50.0% | |
| 1.50B-5.8% | 1.59B-7.8% | 1.72B-6.8% | 1.85B+3.5% | 1.79B-5.8% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 1.25M+0.3% | 1.24M+0.3% | 1.24M+0.2% | 1.23M+0.2% | 1.23M-0.6% | |
| Additional paid-in capital | 3.73B+0.2% | 3.72B+0.2% | 3.72B+0.2% | 3.71B+0.2% | 3.70B+0.2% | |
| Accumulated other comprehensive income | -8.97M+11.4% | -10.1M-7.5% | -9.42M-8.5% | -8.68M+52.2% | -18.2M+24.7% | |
| Non-controlling interest | 1.50M-1.4% | 1.52M-2.2% | 1.56M-1.9% | 1.59M-2.5% | 1.63M-3.2% | |
| Total equity incl. non-controlling | 1.50B-5.8% | 1.59B-7.8% | 1.72B-6.8% | 1.85B+3.5% | 1.79B-5.8% | |
| Total liabilities & equity | 4.03B-2.0% | 4.11B+1.4% | 4.06B-0.7% | 4.09B+3.9% | 3.93B+5.1% | |
| Common shares issued | 125M+0.4% | 124M+0.3% | 124M+0.2% | 123M+0.3% | 123M-0.6% | |
| Common shares outstanding | 125M+0.4% | 124M+0.3% | 124M+0.2% | 123M+0.3% | 123M-0.6% | |
| Shares outstanding (cover) | 125M+0.4% | 124M+0.4% | 124M+0.1% | 124M+0.3% | 123M-0.6% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 141M-29.0% | 198M-5.7% | 210M-2.4% | 215M-11.1% | 242M+25.3% | ||
| Depreciation & amortization | 181M+2.0% | 178M-1.0% | 179M+7.9% | 166M+11.4% | 149M+4.5% | |
| Intangible amortization | 57.6M-10.2% | 64.1M-18.2% | 78.4M-4.1% | 81.8M+4.0% | 78.7M-7.0% | |
| Share-based compensation | 9.67M+1.2% | 9.55M+18.0% | 8.09M-9.8% | 8.97M-18.4% | 11.0M+13.0% | |
| Change in receivables | 23.6M+99.2% | 11.8M-16.3% | 14.1M-0.3% | 14.2M+46.1% | 9.69M-68.6% | |
| -175M+6.0% | -187M+4.8% | -196M-15619.3% | -1.25M+99.7% | -369M-86.4% | ||
| Capital expenditure | — | 0.00 | 0.00-100.0% | 271M+19.9% | 226M-45.8% | |
| Free cash flow | — | 198M-5.7% | 210M+477.3% | -55.7M-444.0% | 16.2M+107.2% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| -75.3M-176.7% | 98.2M+432.8% | -29.5M+85.5% | -203M-260.8% | 126M+8098.4% | ||
| Long-term debt issued | 998M+8.6% | 919M-34.9% | 1.41B+75.8% | 803M+1.8% | 790M | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 19.5M-34.8% | |
| Dividends paid | 30.9M-50.1% | 61.9M-33.6% | 93.1M-10.8% | 104M+0.5% | 104M-2.3% | |
| Net change in cash | -110M-200.4% | 110M+812.5% | -15.4M-243.3% | 10.7M+3133.9% | -354K+94.3% | |
| Interest paid | 142M+20.4% | 118M+45.1% | 81.0M+22.5% | 66.1M+33.8% | 49.4M-2.6% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 1.04B-8.4% | 1.14B+29.3% | 880M-22.3% | 1.13B-50.1% | 2.27B+12.6% | |
| P/E | — | — | 15.9×-44.4% | 28.6× | — | |
| P/S | 1.8×-7.6% | 2.0×+31.4% | 1.5×-25.6% | 2.0×-52.4% | 4.3×+14.0% | |
| P/B | 0.7×-2.8% | 0.7×+43.9% | 0.5×-20.9% | 0.6×-50.3% | 1.3×+19.6% | |
| P/FCF | 5.3×-8.4% | 5.7×+38.2% | 4.2× | — | 139.9× | |
| Earnings yield | — | — | 6.3%+79.8% | 3.5% | — | |
| FCF yield | 19.0%+9.2% | 17.4%-27.6% | 24.1% | — | 0.71% | |
| Dividend yield | 6.0%+9.7% | 5.5%-42.0% | 9.4%+2.9% | 9.2%+100.4% | 4.6%-11.7% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: PDM’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PDM filings on SEC EDGAR → Not investment advice.