Orion Office REIT (ONL) Revenue & Revenue Breakdown
Orion Office REIT Revenue Highlights
Latest Revenue (Y)
$195.04M
Latest Revenue (Q)
$40.12M
Main Segment (Y)
Rental Revenue
Orion Office REIT Revenue by Period
Orion Office REIT Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $195.04M | -6.28% |
| 2022-12-31 | $208.12M | 161.03% |
| 2021-12-31 | $79.73M | 49.10% |
| 2020-12-31 | $53.47M | 0.02% |
| 2019-12-31 | $53.47M | -2.19% |
| 2018-12-31 | $54.66M | - |
Orion Office REIT generated $195.04M in revenue during NA 2023, up -6.28% compared to the previous quarter, and up 356.80% compared to the same period a year ago.
Orion Office REIT Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $40.12M | -15.35% |
| 2024-03-31 | $47.40M | 8.34% |
| 2023-12-31 | $43.75M | -10.85% |
| 2023-09-30 | $49.08M | -5.67% |
| 2023-06-30 | $52.02M | 3.65% |
| 2023-03-31 | $50.19M | -0.21% |
| 2022-12-31 | $50.29M | -2.85% |
| 2022-09-30 | $51.77M | -2.04% |
| 2022-06-30 | $52.85M | -0.67% |
| 2022-03-31 | $53.21M | 30.40% |
| 2021-12-31 | $40.80M | 206.43% |
| 2021-09-30 | $13.31M | 5.78% |
| 2021-06-30 | $12.59M | -3.39% |
| 2021-03-31 | $13.03M | -2.04% |
| 2020-12-31 | $13.30M | 0.32% |
| 2020-09-30 | $13.26M | -1.39% |
| 2020-06-30 | $13.44M | -0.12% |
| 2020-03-31 | $13.46M | - |
Orion Office REIT generated $40.12M in revenue during Q2 2024, up -15.35% compared to the previous quarter, and up 79.94% compared to the same period a year ago.
Orion Office REIT Revenue Breakdown
Orion Office REIT Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Fees From Unconsolidated Joint Venture | $800.00K | $765.00K | $271.00K |
| Rental Revenue | $194.24M | $207.35M | $79.46M |
Orion Office REIT's latest annual revenue breakdown by segment (product or service), as of Dec 23: Rental Revenue (99.59%), and Fees From Unconsolidated Joint Venture (0.41%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Sep 21 |
|---|---|---|---|---|---|---|---|---|---|
| Rental Revenue | $46.99M | $92.43M | $51.82M | $49.99M | $50.10M | $51.58M | $52.66M | $53.02M | $40.49M |
| Fees From Unconsolidated Joint Venture | $202.00K | $400.00K | $200.00K | $200.00K | $197.00K | $189.00K | $190.00K | $189.00K | - |
| Fees From Managed Partnership | - | - | - | - | - | - | - | - | $161.00K |
Orion Office REIT's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Rental Revenue (99.57%), and Fees From Unconsolidated Joint Venture (0.43%).
Orion Office REIT Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| KRC | Kilroy Realty | $1.13B | $280.73M |
| DEI | Douglas Emmett | $1.02B | $245.78M |
| HPP | Hudson Pacific Properties | $952.30M | $218.00M |
| HIW | Highwoods Properties | $834.00M | $204.74M |
| CUZ | Cousins Properties | $801.50M | $212.57M |
| PDM | Piedmont Office Realty Trust | $678.66M | $6.11M |
| BDN | Brandywine Realty Trust | $514.65M | $125.35M |
| DEA | Easterly Government Properties | $287.23M | $76.22M |
| ONL | Orion Office REIT | $195.04M | $40.12M |
| CIO | City Office REIT | $179.10M | $42.34M |
| EQC | Equity Commonwealth | $5.19M | $14.11M |
ONL Revenue FAQ
What is Orion Office REIT’s yearly revenue?
Orion Office REIT's yearly revenue for 2023 was $195.04M, representing a decrease of -6.28% compared to 2022. The company's yearly revenue for 2022 was $208.12M, representing an increase of 161.03% compared to 2021. ONL's yearly revenue for 2021 was $79.73M, representing an increase of 49.10% compared to 2020.
What is Orion Office REIT’s quarterly revenue?
Orion Office REIT's quarterly revenue for Q2 2024 was $40.12M, a -15.35% decrease from the previous quarter (Q1 2024), and a -22.87% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $47.4M, a 8.34% increase from the previous quarter (Q4 2023), and a -5.56% decrease year-over-year (Q1 2023). ONL's quarterly revenue for Q4 2023 was $43.75M, a -10.85% decrease from the previous quarter (Q3 2023), and a -13.01% decrease year-over-year (Q4 2022).
What is Orion Office REIT’s revenue growth rate?
Orion Office REIT's revenue growth rate for the last 3 years (2021-2023) was 144.62%, and for the last 5 years (2019-2023) was 264.80%.
What are Orion Office REIT’s revenue streams?
Orion Office REIT's revenue streams in c 23 are Fees From Unconsolidated Joint Venture, and Rental Revenue. Fees From Unconsolidated Joint Venture generated $800K in revenue, accounting 0.41% of the company's total revenue, up 4.58% year-over-year. Rental Revenue generated $194.24M in revenue, accounting 99.59% of the company's total revenue, down -6.32% year-over-year.
What is Orion Office REIT’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Orion Office REIT was Rental Revenue. This segment made a revenue of $194.24M, representing 99.59% of the company's total revenue.