FY2025 · ended Dec 31, 2025 · Revenue $564.99M, -0.9% YoY · Filed Feb 17, 2026
Piedmont Realty Trust, Inc. (PDM) files with the SEC under industry code 6512, Opeators of Nonresidential Buildings. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $565.0 million and a net loss of $83.6 million. As of Sep 30, 2026 it held $3.9 million in cash and investments and $2.3 billion in total debt.
Revenue (TTM)
$581.51M
+2.9% vs year-ago TTM
Net income (TTM)
$-88.29M
-25.5% vs year-ago TTM
Operating cash flow (TTM)
$167.81M
+8.5% vs year-ago TTM
Free cash flow
—
EPS (TTM)
$-0.71
-25.0% vs year-ago TTM
Dividend per share
$0.12
-75.0% vs prior year
Shares outstanding
124.85M
+0.4% vs prior year
Net cash
$-2.34B
as of Sep 30, 2026
Operating margin
22.0%
FY 2018
Company profile
- Industry
- Opeators of Nonresidential Buildings (SIC 6512)
- Listed as
- PDM (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- MD
- Headquarters
- Atlanta, GA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1042776
- Former names
- Piedmont Office Realty Trust, Inc. (until Jun 2, 2025); WELLS REAL ESTATE INVESTMENT TRUST INC (until Aug 7, 2007); WELLS REAL EASTATE INVESTMENT TRUST INC (until Jan 23, 1998)
Other Opeators of Nonresidential Buildings companies
- BROOKFIELD Corp /ON/ BN
- Mays J W Inc MAYS
- AmBase Corp ABCP
- Awaysis Capital, Inc. AWCA
- Gyrodyne, LLC GYRO
- Zoned Properties, Inc. ZDPY
- Trinity Place Holdings Inc. TPHS
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $565.0M | $570.3M | $577.8M | $563.8M | $528.7M |
| Net income | -$83.6M | -$79.1M | -$48.4M | $146.8M | -$1.2M |
| Diluted EPS | -$0.67 | -$0.64 | -$0.39 | $1.19 | -$0.01 |
| Operating cash flow | $140.6M | $198.1M | $210.1M | $215.2M | $242.2M |
| Total assets | $4.0B | $4.1B | $4.1B | $4.1B | $3.9B |
| Total liabilities | $2.5B | $2.5B | $2.3B | $2.2B | $2.1B |
| Stockholders' equity | $1.5B | $1.6B | $1.7B | $1.8B | $1.8B |
| Cash and investments | $731,000 | $109.6M | $825,000 | $16.5M | $7.4M |
| Total debt | $2.2B | $2.2B | $2.1B | $2.0B | $100,000 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations
|
Oct 26, 2026 | Oct 26, 2026 |
| 10-Q | Quarterly report | Oct 26, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Material agreement, New debt, Unregistered share sale
|
Sep 17, 2026 | Sep 17, 2026 |
| 8-K |
Current report
Other events
|
Sep 15, 2026 | Sep 14, 2026 |
| 8-K |
Current report
Other events
|
Sep 14, 2026 | Sep 14, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 28, 2026 | Jul 28, 2026 |
All 1001 Piedmont Realty Trust, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.