Skip to content
Piedmont Office Realty Trust logo

Piedmont Office Realty Trust

PDM

Piedmont Realty Trust, Inc. is a fully integrated, self-managed real estate investment trust (REIT) specializing in the ownership, management, and development of high-quality, Class A office properties.

Market cap
$1.22B+29.9%
Revenue$569.4M+0.7%
Net income-$80.7M-18.0%
EPS (diluted)-$0.65-18.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 26, 2026 (in 3 months)
Revenue estimate$135.3M
EPS estimate-$0.06

Financials

Q2 2026

Income statement

See full
Revenue$144.1M+2.7%
Net income-$11.1M+34.0%
EPS (diluted)-$0.09+35.7%

Balance sheet

See full
Cash & equivalents$16.8M+406%
Total equity$1.5B-4.7%
Total assets$4.0B+1.7%

Cash flow

See full
Operating cash flow$64.3M+28.4%

Valuation & ratios

Valuation

See full
Market cap$1.22B+29.9%
P/S2.2×+0.5×

Profitability

See full
Net margin-14.2%+2.9pp

Returns & leverage

See full
Return on equity-5.3%+1.8pp

Segments

By segment

See full
Atlanta$44.5M0.0%
Dallas$27.5M+4.2%
Orlando$18.6M+23.8%
New York$13.9M-5.4%
Minneapolis$11.7M+2.2%

By product

See full
Other property related income$6.8M+7.9%
Property management fee revenue$108.0K+33.3%

Competitors

Profile

Piedmont Realty Trust, Inc. is a fully integrated, self-managed real estate investment trust (REIT) specializing in the ownership, management, and development of high-quality, Class A office properties. The company focuses on major U.S. Sunbelt markets, employing a hospitality-driven approach to property management to enhance the workplace experience for corporate and governmental tenants.

Competitive position

A leading owner-operator of Class A office space in the Sunbelt, distinguished by a high concentration of BOMA 360-certified buildings and a hospitality-centric service model.

GeographiesUnited States, Sunbelt Region
Customer segmentsEnterprise, Government, Investment Grade Tenants
Business modelOwner-Operator, Leasing, Real Estate Development
SuppliersConstruction Contractors, Building Material Suppliers, Debt and Equity Capital Markets, Utility Providers
CustomersCorporate Office Tenants, Governmental Agencies, Commercial Real Estate Brokers
Listed2010
Employees150.0
CEOChristopher Brent Smith
FilingsSEC EDGAR

Questions, answered.

What is Piedmont Office Realty Trust's market cap?
Piedmont Office Realty Trust (PDM) has a market capitalization of $1.2B and trades on NYSE.
What is Piedmont Office Realty Trust's revenue and profitability?
Piedmont Office Realty Trust generated $569.4M in trailing twelve-month revenue with a net loss of $80.7M, representing a net margin of -14.2%. These figures are based on the Q2 2026 filing.
Who are Piedmont Office Realty Trust's competitors?
Piedmont Office Realty Trust's key competitors include Highwoods Properties, Inc., Cousins Properties Incorporated, BXP, Inc., and others. These companies compete in similar markets and product categories.
Who does Piedmont Office Realty Trust partner with?
Piedmont Office Realty Trust's notable partners include ENERGY STAR, U.S. Green Building Council, GRESB, and others.
What subsidiaries does Piedmont Office Realty Trust have?
Piedmont Office Realty Trust's subsidiaries include Piedmont Operating Partnership, L.P..
Where is Piedmont Office Realty Trust headquartered?
Piedmont Office Realty Trust is headquartered in United States of America and employs approximately 150 people. It has been publicly traded since 2010.