Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody's (Baa2). At the end of the third quarter, approximately 63% of the company's portfolio was ENERGY STAR certified and approximately 41% was LEED certified.
Revenue of Piedmont Office Realty Trust, Inc. (PDM)
Revenue in 2023 (TTM): $678.66 M
According to Piedmont Office Realty Trust, Inc.'s latest financial reports the company's current revenue (TTM) is $678.66 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Piedmont Office Realty Trust, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $678.66 M | $207.36 M | $414.38 M | $53.35 M | $-48,387,000 |
| 2022 | $563.77 M | $337.71 M | $311.29 M | $146.83 M | $272.58 M |
| 2021 | $528.71 M | $317.78 M | $297.73 M | $-1,167,000 | $-62,651,000 |
| 2020 | $535.02 M | $320.09 M | $295.21 M | $232.69 M | $175.11 M |
| 2019 | $533.18 M | $321.8 M | $285.47 M | $229.26 M | $166.1 M |
| 2018 | $525.97 M | $316.63 M | $288.55 M | $54.6 M | $130.3 M |
| 2017 | $574.17 M | $353.54 M | $326.92 M | $17.68 M | $133.56 M |
| 2016 | $555.72 M | $336.78 M | $307.89 M | $9.31 M | $107.89 M |
| 2015 | $584.77 M | $342.77 M | $314.52 M | $4.69 M | $172.99 M |
| 2014 | $566.25 M | $326.82 M | $302.71 M | $40.08 M | $43.35 M |
| 2013 | $554.51 M | $331.53 M | $305.97 M | $71.49 M | $98.73 M |
| 2012 | $536.38 M | $323.45 M | $304.44 M | $63.84 M | $93.2 M |
| 2011 | $541.64 M | $332.93 M | $320.46 M | $89.52 M | $225.04 M |
| 2010 | $588.84 M | $370.97 M | $347.89 M | $126.23 M | $120.38 M |
| 2009 | $604.88 M | $375.07 M | $381.87 M | $74.7 M | $74.7 M |
| 2008 | $621.97 M | $400.69 M | $366.79 M | $131.31 M | $131.31 M |
| 2007 | $593.25 M | $381.07 M | $342.91 M | $133.61 M | $133.61 M |
| 2006 | $579.31 M | $352.27 M | $341.08 M | $133.32 M | $133.32 M |
| 2005 | $564.01 M | $349.45 M | $353.33 M | $329.14 M | $329.14 M |
| 2004 | $622.1 M | $435.9 M | $413.78 M | $198 M | $209.7 M |
| 2003 | $377.6 M | $267.3 M | $219.61 M | $118.8 M | $120.7 M |
| 2002 | $124.4 M | $99.6 M | $95.16 M | $58.4 M | $59.9 M |