PIEDMONT REALTY TRUST INC. PDM
$9.97 +$0.11 (+1.12%)
Market closed · Nov 6, 8:10 pm ET · Last extended-hours $9.97 0.00%
Open$9.74
Prev close$9.86
Day range$9.73 – $10.04
Volume1.18M
Market cap$1.23B
P/E (TTM)–
Dividend yield–
Fundamentals
Latest reported quarter: Q3, ended Sep 2026
Revenue$151.24M+8.7% YoY
Operating profit$21.98M+19.8% YoY
Net profit-$21.02M-56.2% YoY
Diluted EPS-$0.17-54.5% YoY
Free cash flow-$21.74M-1,484.6% YoY
Operating cash flow$24.42M
Revenue, last 8 quarters
Net profit, last 8 quarters
Diluted EPS by quarter
Free cash flow by quarter
Annual revenue
Profitability & balance sheet
Gross margin60.1%
Operating margin13.8%
Net margin-15.2%
Return on equity-5.9%
Return on assets-2.2%
Return on invested capital1.1%
Current ratio1.12
Liabilities / assets64.6%
Cash & investments$3.90M
Total debt$2.36B
Net cash (debt)-$2.36B
Free cash flow / sales1.4%
Income statement
| Line item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 |
|---|---|---|---|---|---|
| Total Revenue as Reported | $151.24M | $144.12M | $143.29M | $564.99M | $142.85M |
| Total Operating Revenue | $151.24M | $144.12M | $143.29M | $564.99M | $142.85M |
| Cost of Revenue | $60.03M | $55.99M | $57.31M | $227.87M | $58.46M |
| Gross Profit | $91.21M | $88.14M | $85.99M | $337.12M | $84.39M |
| Operating Expense | $69.23M | $67.55M | $67.20M | $257.68M | $65.49M |
| Selling and Admin Expenses | $9.06M | $8.24M | $7.91M | $30.59M | $7.46M |
| -General & Admin Expense | $9.06M | $8.24M | $7.91M | $30.59M | $7.46M |
| Depreciation & Amortization & Depletion | $60.17M | $59.31M | $59.29M | $227.09M | $58.03M |
| -Depreciation & Amortization | $60.17M | $59.31M | $59.29M | $227.09M | $58.03M |
| Operating Profit | $21.98M | $20.59M | $18.79M | $79.45M | $18.91M |
| Net Non-Operating Interest Income (Expense) | -$32.03M | -$31.87M | -$31.93M | -$128.01M | -$32.41M |
| Non-Operating Interest Expense | $32.03M | $31.87M | $31.93M | $128.01M | $32.41M |
| Other Income (Expense) | -$10.98M | $189,000.00 | $225,000.00 | -$35.04M | -$29.74M |
| Gain on Sale of Security | $8.88M | – | – | $2.01M | $0.00 |
| Special Income (Charges) | -$20.24M | $0.00 | $0.00 | -$37.79M | -$29.79M |
| -Less:Other Special Charges | $20.24M | – | – | $37.79M | $29.79M |
| Other Non-Operating Income (Expenses) | $378,000.00 | $189,000.00 | $225,000.00 | $734,000.00 | $46,000.00 |
| Pretax Profit | -$21.02M | -$11.10M | -$12.92M | -$83.60M | -$43.24M |
| Net Profit | -$21.02M | -$11.10M | -$12.92M | -$83.60M | -$43.24M |
| Profit from Continuing Operations | -$21.02M | -$11.10M | -$12.92M | -$83.60M | -$43.24M |
| Minority Interests | -$2,000.00 | $4,000.00 | $5,000.00 | $19,000.00 | $6,000.00 |
| Net Income to Parent Company | -$21.02M | -$11.10M | -$12.92M | -$83.62M | -$43.25M |
| Net Income to Common Stockholders | -$21.02M | -$11.10M | -$12.92M | -$83.62M | -$43.25M |
| Basic EPS | -$0.17 | -$0.09 | -$0.10 | -$0.67 | -$0.35 |
| Diluted EPS | -$0.17 | -$0.09 | -$0.10 | -$0.67 | -$0.35 |
| Dividend Per Share | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 |
| -Less:Impairment of Capital Assets | – | – | – | $0.00 | $0.00 |
Balance sheet
| Line item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 |
|---|---|---|---|---|---|
| Total Assets | $4.09B | $4.05B | $4.03B | $4.03B | $4.03B |
| Total Current Assets | $312.78M | $255.66M | $232.50M | $224.23M | $224.23M |
| Cash and Cash Equivalents & Short-Term Investments | $3.90M | $16.79M | $2.28M | $731,000.00 | $731,000.00 |
| -Cash and Cash Equivalents | $3.90M | $16.79M | $2.28M | $731,000.00 | $731,000.00 |
| Receivables | $224.65M | $231.08M | $223.32M | $220.44M | $220.44M |
| -Accounts Receivable | $224.65M | $231.08M | $223.32M | $220.44M | $220.44M |
| Restricted Cash | $2.58M | $4.96M | $4.06M | $3.06M | $3.06M |
| Total Non-Current Assets | $3.78B | $3.79B | $3.80B | $3.81B | $3.81B |
| Financial Assets | $2.56M | $530,000.00 | – | $0.00 | $0.00 |
| Goodwill and Other Intangible Assets | $53.49M | $53.49M | $53.49M | $53.49M | $53.49M |
| -Goodwill | $53.49M | $53.49M | $53.49M | $53.49M | $53.49M |
| Non-Current Deferred Assets | $302.80M | $308.29M | $308.17M | $311.07M | $311.07M |
| Other Non-Current Assets | $24.48M | $24.12M | $20.93M | $20.86M | $20.86M |
| Total Liabilities | $2.64B | $2.57B | $2.55B | $2.53B | $2.53B |
| Total Current Liabilities | $279.86M | $300.84M | $275.77M | $285.00M | $285.00M |
| Payables | $165.34M | $185.34M | $158.04M | $172.88M | $172.88M |
| -Accounts Payable | $165.34M | $185.34M | $158.04M | $172.88M | $172.88M |
| Current Deferred Liabilities | $114.52M | $115.50M | $117.73M | $112.12M | $112.12M |
| Total Non-Current Liabilities | $2.36B | $2.27B | $2.28B | $2.25B | $2.25B |
| Long Term Debt and Capital Lease Obligation | $2.36B | $2.27B | $2.28B | $2.25B | $2.25B |
| -Long Term Debt | $2.34B | $2.25B | $2.25B | $2.22B | $2.22B |
| -Long Term Capital Lease Obligation | $21.65M | $21.22M | $22.88M | $24.82M | $24.82M |
| Derivative Product Liabilities | $0.00 | $0.00 | $0.00 | $111,000.00 | $111,000.00 |
| Total Equity | $1.45B | $1.47B | $1.48B | $1.50B | $1.50B |
| Stockholders' Equity | $1.45B | $1.47B | $1.48B | $1.50B | $1.50B |
| Capital Stock | $1.24M | $1.25M | $1.25M | $1.25M | $1.25M |
| -Common Stock | $1.24M | $1.25M | $1.25M | $1.25M | $1.25M |
| -Preferred Stock | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Additional Paid-In Capital | $3.72B | $3.73B | $3.73B | $3.73B | $3.73B |
| Retained Earnings | -$2.27B | -$2.25B | -$2.24B | -$2.23B | -$2.23B |
| Gains/Losses Not Affecting Retained Earnings | -$4.85M | -$7.37M | -$8.38M | -$8.97M | -$8.97M |
| Minority Interests | $1.49M | $1.50M | $1.50M | $1.50M | $1.50M |
| -Dividends Payable | – | – | – | $0.00 | $0.00 |
Cash flow
| Line item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 |
|---|---|---|---|---|---|
| Operating Cash Flow | $24.42M | $64.35M | $28.11M | $140.57M | $50.94M |
| Net cash flow from continuing operations | $24.42M | $64.35M | $28.11M | $140.57M | $50.94M |
| Net Income from Continuing Operations | -$21.02M | -$11.10M | -$12.92M | -$83.60M | -$43.24M |
| Depreciation & Depletion & Amortization | $61.05M | $60.10M | $59.62M | $224.12M | $57.79M |
| Other Non-Cash Items | $2.09M | $2.11M | $2.12M | $8.12M | $2.08M |
| Change in Working Capital | -$31.53M | $10.77M | -$22.95M | -$53.51M | $2.08M |
| -Change in Receivables | -$6.27M | -$9.24M | -$4.37M | -$23.56M | -$3.12M |
| -Change in Prepaid Assets | -$712,000.00 | -$3.27M | -$494,000.00 | $3.43M | $6.50M |
| -Change in Payables and Accrued Expense | -$18.22M | $30.80M | -$18.00M | -$18.24M | -$321,000.00 |
| -Change In Other Working Capital | -$6.33M | -$7.52M | -$91,000.00 | -$15.15M | -$979,000.00 |
| Net cash flow from investing | -$97.83M | -$45.61M | -$48.34M | -$175.35M | -$55.16M |
| Net Cash Flow from Continuing Investing Activities | -$97.83M | -$45.61M | -$48.34M | -$175.35M | -$55.16M |
| Capital Expenditure | -$46.16M | -$33.57M | -$38.28M | -$157.24M | -$41.43M |
| Net Other Investing Changes | -$10.67M | -$12.04M | -$10.06M | -$49.46M | -$13.74M |
| Financing Cash Flow | $58.14M | -$3.32M | $22.78M | -$75.31M | -$118,000.00 |
| Net Cash Flow from Continuing Financing Activities | $58.14M | -$3.32M | $22.78M | -$75.31M | -$118,000.00 |
| Net Issuance Payments Of Debt | $88.05M | -$2.93M | $26.08M | -$39.87M | -$5.73M |
| Cash Dividends Paid | -$6,000.00 | -$6,000.00 | -$131,000.00 | -$30.87M | -$13,000.00 |
| Net Other Financing Charges | -$19.91M | -$385,000.00 | -$3.17M | -$4.56M | $5.63M |
| Ending Cash Balance | $6.48M | $21.75M | $6.34M | $3.79M | $3.79M |
| Net Change in Cash | -$15.27M | $15.41M | $2.54M | -$110.09M | -$4.34M |
| Beginning Cash Balance | $21.75M | $6.34M | $3.79M | $113.88M | $8.14M |
| Free Cash Flow | -$21.74M | $30.78M | -$10.17M | -$16.68M | $9.51M |
| Gain/Loss from Continuing Operations | – | – | – | $35.78M | $29.79M |
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