What is Piedmont Realty Trust, Inc's earnings per share (EPS)?

Piedmont Realty Trust, Inc (PDM) reported diluted earnings per share of $-0.67 for fiscal year 2025. This represents a -4.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Piedmont Realty Trust, Inc Financials

PDM

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Piedmont Realty Trust, Inc (PDM) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Weak

3/9

Piedmont Realty Trust, Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Mixed

-1.68x

For every $1 of reported earnings, Piedmont Realty Trust, Inc generates $-1.68 in operating cash flow ($140.6M OCF vs -$83.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

$565.0M

YoY-0.9%

5Y CAGR+1.1%

10Y CAGR-0.3%

Piedmont Realty Trust, Inc generated $565.0M in revenue in fiscal year 2025. This represents a decrease of 0.9% from the prior year.

EBITDA

N/A

Net Income

-$83.6M

YoY-5.8%

Piedmont Realty Trust, Inc reported -$83.6M in net income in fiscal year 2025. This represents a decrease of 5.8% from the prior year.

EPS (Diluted)

$-0.67

YoY-4.7%

Piedmont Realty Trust, Inc earned $-0.67 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 4.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$731K

YoY-99.3%

5Y CAGR-36.9%

10Y CAGR-18.2%

Piedmont Realty Trust, Inc held $731K in cash against $2.2B in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.13

YoY-75.0%

5Y CAGR-31.7%

10Y CAGR-17.3%

Piedmont Realty Trust, Inc paid $0.13 per share in dividends in fiscal year 2025. This represents a decrease of 75.0% from the prior year.

Shares Outstanding

125M

YoY+0.6%

5Y CAGR+0.2%

10Y CAGR-1.5%

Piedmont Realty Trust, Inc had 125M shares outstanding in fiscal year 2025. This represents an increase of 0.6% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

-14.8%

YoY-0.9pp

5Y CAGR-58.3pp

10Y CAGR-37.3pp

Piedmont Realty Trust, Inc's net profit margin was -14.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.9 percentage points from the prior year.

Return on Equity

-5.6%

YoY-0.6pp

5Y CAGR-17.9pp

10Y CAGR-11.8pp

Piedmont Realty Trust, Inc's ROE was -5.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.6 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

PDM Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$565.0M-0.9%	$570.3M-1.3%	$577.8M+2.5%	$563.8M+6.6%	$528.7M-1.2%	$535.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$30.6M-13.7%	$35.4M+21.4%	$29.2M+0.2%	$29.1M-3.7%	$30.3M+10.2%	$27.5M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$128.0M+4.1%	$123.0M+21.5%	$101.3M+54.2%	$65.7M+28.0%	$51.3M-6.7%	$55.0M
Income Tax	-$1K+50.0%	-$2K-105.1%	$39K+490.0%	-$10K+97.4%	-$379K-9575.0%	$4K
Net Income	-$83.6M-5.8%	-$79.1M-63.4%	-$48.4M-133.0%	$146.8M+12834.6%	-$1.2M-100.5%	$232.7M
EPS (Diluted)	$-0.67-4.7%	$-0.64-64.1%	$-0.39-132.8%	$1.19+12000.0%	$-0.01-100.5%	$1.85

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$142.9M+2.7%	$139.2M-0.8%	$140.3M-1.7%	$142.7M-0.4%	$143.2M+2.8%	$139.3M-2.8%	$143.3M-0.9%	$144.5M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$7.5M-2.0%	$7.6M-4.4%	$8.0M+5.2%	$7.6M-40.2%	$12.7M+85.8%	$6.8M-18.5%	$8.4M+9.7%	$7.6M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$32.4M+1.4%	$32.0M0.0%	$32.0M+0.9%	$31.7M+0.2%	$31.6M-1.4%	$32.1M+8.5%	$29.6M-0.5%	$29.7M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$43.2M-221.2%	-$13.5M+19.9%	-$16.8M-66.3%	-$10.1M+66.3%	-$30.0M-160.2%	-$11.5M-17.4%	-$9.8M+64.7%	-$27.8M
EPS (Diluted)	N/A	$-0.11+21.4%	$-0.14-75.0%	$-0.08	N/A	$-0.09-12.5%	$-0.08+63.6%	$-0.22

PDM Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$4.0B-2.0%	$4.1B+1.4%	$4.1B-0.7%	$4.1B+3.9%	$3.9B+5.1%	$3.7B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$731K-99.3%	$109.6M+13189.3%	$825K-95.0%	$16.5M+122.9%	$7.4M+1.2%	$7.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$53.5M0.0%	$53.5M0.0%	$53.5M-35.5%	$82.9M-16.2%	$98.9M0.0%	$98.9M
Total Liabilities	$2.5B+0.3%	$2.5B+8.2%	$2.3B+4.4%	$2.2B+4.3%	$2.1B+16.4%	$1.8B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$2.2B+0.1%	$2.2B+8.2%	$2.1B+3.6%	$2.0B+5.6%	$1.9B+15.8%	$1.6B
Total Equity	$1.5B-5.8%	$1.6B-7.8%	$1.7B-6.8%	$1.8B+3.5%	$1.8B-5.8%	$1.9B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$4.0B+0.7%	$4.0B+0.6%	$4.0B-0.6%	$4.0B-2.7%	$4.1B-0.6%	$4.1B-0.5%	$4.2B+4.1%	$4.0B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$731K-75.6%	$3.0M-9.8%	$3.3M+13.8%	$2.9M-97.3%	$109.6M-18.0%	$133.6M-3.5%	$138.5M+3806.7%	$3.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$53.5M0.0%	$53.5M0.0%	$53.5M0.0%	$53.5M0.0%	$53.5M0.0%	$53.5M0.0%	$53.5M0.0%	$53.5M
Total Liabilities	$2.5B+2.8%	$2.5B+1.4%	$2.4B-0.4%	$2.4B-3.3%	$2.5B+0.7%	$2.5B+0.3%	$2.5B+8.1%	$2.3B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$2.2B+1.4%	$2.2B+0.7%	$2.2B-0.4%	$2.2B-1.6%	$2.2B0.0%	$2.2B0.0%	$2.2B+7.3%	$2.1B
Total Equity	$1.5B-2.6%	$1.5B-0.7%	$1.5B-0.9%	$1.6B-1.7%	$1.6B-2.6%	$1.6B-1.7%	$1.7B-1.4%	$1.7B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

PDM Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$140.6M-29.0%	$198.1M-5.7%	$210.1M-2.4%	$215.2M-11.1%	$242.2M+25.3%	$193.3M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$175.3M+6.0%	-$186.6M+4.8%	-$196.0M-15619.3%	-$1.2M+99.7%	-$368.9M-86.4%	-$197.9M
Financing Cash Flow	-$75.3M-176.7%	$98.2M+432.8%	-$29.5M+85.5%	-$203.2M-260.8%	$126.4M+8098.4%	-$1.6M
Dividends Paid	$30.9M-50.1%	$61.9M-33.6%	$93.1M-10.8%	$104.4M+0.5%	$103.9M-2.3%	$106.3M
Share Buybacks	N/A	N/A	$0	$0-100.0%	$19.5M-34.8%	$30.0M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$50.9M+42.2%	$35.8M-28.5%	$50.1M+1249.0%	$3.7M-94.3%	$65.0M+51.7%	$42.9M-35.8%	$66.8M+186.1%	$23.4M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$55.2M-12.2%	-$49.1M-57.2%	-$31.3M+21.4%	-$39.8M+53.8%	-$86.1M-160.5%	-$33.0M+49.6%	-$65.6M-3232.7%	-$2.0M
Financing Cash Flow	-$118K-100.9%	$13.7M+177.4%	-$17.6M+75.2%	-$71.2M-3339.4%	-$2.1M+87.6%	-$16.7M-112.4%	$134.8M+855.7%	-$17.8M
Dividends Paid	$13K+85.7%	$7K-50.0%	$14K-100.0%	$30.8M+14177.8%	$216K-98.6%	$15.5M0.0%	$15.5M-49.4%	$30.6M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

PDM Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-14.8%-0.9pp	-13.9%-5.5pp	-8.4%-34.4pp	26.0%+26.3pp	-0.2%-43.7pp	43.5%
Return on Equity	-5.6%-0.6pp	-5.0%-2.2pp	-2.8%-10.8pp	8.0%+8.0pp	-0.1%-12.3pp	12.3%
Return on Assets	-2.1%-0.2pp	-1.9%-0.7pp	-1.2%-4.8pp	3.6%+3.6pp	-0.0%-6.3pp	6.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.49+0.1	1.40+0.2	1.19+0.1	1.07+0.0	1.05+0.2	0.86
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-30.3%-20.6pp	-9.7%+2.3pp	-12.0%-4.9pp	-7.1%+13.9pp	-20.9%-12.7pp	-8.3%-1.4pp	-6.9%+12.4pp	-19.2%
Return on Equity	-2.9%-2.0pp	-0.9%+0.2pp	-1.1%-0.4pp	-0.7%+1.2pp	-1.9%-1.2pp	-0.7%-0.1pp	-0.6%+1.1pp	-1.7%
Return on Assets	-1.1%-0.7pp	-0.3%+0.1pp	-0.4%-0.2pp	-0.3%+0.5pp	-0.7%-0.5pp	-0.3%-0.0pp	-0.2%+0.5pp	-0.7%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.49+0.1	1.43+0.0	1.410.0	1.400.0	1.40+0.0	1.36+0.0	1.34+0.1	1.23
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Piedmont Realty Trust, Inc's annual revenue?

Piedmont Realty Trust, Inc (PDM) reported $565.0M in total revenue for fiscal year 2025. This represents a -0.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Piedmont Realty Trust, Inc's revenue growing?

Piedmont Realty Trust, Inc (PDM) revenue declined by 0.9% year-over-year, from $570.3M to $565.0M in fiscal year 2025.

Is Piedmont Realty Trust, Inc profitable?

No, Piedmont Realty Trust, Inc (PDM) reported a net income of -$83.6M in fiscal year 2025, with a net profit margin of -14.8%.

How much debt does Piedmont Realty Trust, Inc have?

As of fiscal year 2025, Piedmont Realty Trust, Inc (PDM) had $731K in cash and equivalents against $2.2B in long-term debt.

What is Piedmont Realty Trust, Inc's net profit margin?

Piedmont Realty Trust, Inc (PDM) had a net profit margin of -14.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Piedmont Realty Trust, Inc pay dividends?

Yes, Piedmont Realty Trust, Inc (PDM) paid $0.13 per share in dividends during fiscal year 2025.

What is Piedmont Realty Trust, Inc's return on equity (ROE)?

Piedmont Realty Trust, Inc (PDM) has a return on equity of -5.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Piedmont Realty Trust, Inc's operating cash flow?

Piedmont Realty Trust, Inc (PDM) generated $140.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Piedmont Realty Trust, Inc's total assets?

Piedmont Realty Trust, Inc (PDM) had $4.0B in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Piedmont Realty Trust, Inc have outstanding?

Piedmont Realty Trust, Inc (PDM) had 125M shares outstanding as of fiscal year 2025.

What is Piedmont Realty Trust, Inc's debt-to-equity ratio?

Piedmont Realty Trust, Inc (PDM) had a debt-to-equity ratio of 1.49 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Piedmont Realty Trust, Inc's return on assets (ROA)?

Piedmont Realty Trust, Inc (PDM) had a return on assets of -2.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Piedmont Realty Trust, Inc's Piotroski F-Score?

Piedmont Realty Trust, Inc (PDM) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Piedmont Realty Trust, Inc's earnings high quality?

Piedmont Realty Trust, Inc (PDM) has an earnings quality ratio of -1.68x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.