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Companies / Real Estate / Piedmont Realty Trust, Inc.
PDM

Piedmont Realty Trust, Inc.

Real EstateReal Estate
Ticker PDMATLANTA, GAFiscal year ends DecemberBook value per share $11.58Diluted shares 124.9M

Piedmont Realty Trust, Inc. (NYSE: PDM) owns, manages, develops, redevelops and operates Class A office properties, primarily in major U.S. Sunbelt markets, leasing space to corporate tenants across multiple industries and to government agencies. The company operates as a self-managed real estate investment trust… From the company’s description.

Over the twelve months to Sep 30, 2026, Piedmont Realty Trust, Inc. reported revenue of $581.51M, up 2.9% from a year earlier, and a net loss of $88.28M. Its operating margin was 13.8%, and operations generated $167.81M in cash. In fiscal 2025, it reported revenue of $564.99M, down 0.9% from fiscal 2024, and a net loss of $83.60M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$564.99MFY2025
−0.9% year over year
Last 12 mo $581.51M
14.06%FY2025
+7 percentage points
Last 12 mo 13.80%
$-83.60MFY2025
−5.7% year over year
Last 12 mo $-88.28M
-5.59%FY2025
−0.6 percentage points
Last 12 mo -6.10%
Cash & financing
$140.56MFY2025
−29.0% year over year
Last 12 mo $167.81M
$-16.68MFY2025
−19.1% year over year
Last 12 mo $8.38M
1.49FY2025
Was 1.40× a year earlier
Last 12 mo 1.62
124.4MFY2025
+0.4% year over year
Last 12 mo 124.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Piedmont Realty Trust, Inc. does

In the company’s own words

Piedmont Realty Trust, Inc. (NYSE: PDM) owns, manages, develops, redevelops and operates Class A office properties, primarily in major U.S. Sunbelt markets, leasing space to corporate tenants across multiple industries and to government agencies. The company operates as a self-managed real estate investment trust through Piedmont Operating Partnership, L.P., which holds properties directly, through subsidiaries and in controlled joint ventures. Its reportable segments are based on geographic markets where it has significant investments. At December 31, 2025, Piedmont owned and operated 29 in-service projects and three redevelopment projects; its in-service properties totaled approximately 14.9 million square feet and were 89.6% leased. More than 70% of annualized lease revenue came from Sunbelt properties, and no single tenant accounted for more than 5% of that revenue. Piedmont’s portfolio includes approximately 16 million square feet of Class A properties, and the company had 140 employees at year-end 2025. Its website is www.piedmontreit.com.

Company details
Sector
Real Estate
Industry (SIC)
Real Estate
Headquarters
ATLANTA, GA
Fiscal year end
December
CIK
1042776
SIC
6512

Financial performance, year by year

Fiscal 2011–2025 · USD
$-155.58M$46.33M$248.25M$450.16M$652.07M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Piedmont Realty Trust, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

226
funds hold it
0 of 35
superinvestors hold it
$423.82M
held by funds, at market
39.0%
of shares held by funds

Largest fund holders · Piedmont Realty Trust, Inc.’s weight in each

VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.01%of fund net assets
DWS RREEF Real Assets Fund
AAAAX · DEUTSCHE DWS MARKET TRUST
0.37%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Piedmont Realty Trust, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Piedmont Realty Trust, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Piedmont Realty Trust, Inc.'s last four quarterly filings that the numbers alone won't show?”
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