Piedmont Office Realty Trust (PDM) Revenue & Revenue Breakdown
Piedmont Office Realty Trust Revenue Highlights
Latest Revenue (Y)
$678.66M
Latest Revenue (Q)
$6.11M
Main Segment (Y)
Real Estate, Other
Main Geography (Y)
Atlanta, GA
Piedmont Office Realty Trust Revenue by Period
Piedmont Office Realty Trust Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $678.66M | 20.38% |
| 2022-12-31 | $563.77M | 6.63% |
| 2021-12-31 | $528.71M | -1.18% |
| 2020-12-31 | $535.02M | 0.35% |
| 2019-12-31 | $533.18M | 1.37% |
| 2018-12-31 | $525.97M | -8.40% |
| 2017-12-31 | $574.17M | 3.32% |
| 2016-12-31 | $555.72M | -4.97% |
| 2015-12-31 | $584.77M | 3.27% |
| 2014-12-31 | $566.25M | 2.12% |
| 2013-12-31 | $554.50M | 3.38% |
| 2012-12-31 | $536.38M | -0.97% |
| 2011-12-31 | $541.64M | -8.02% |
| 2010-12-31 | $588.84M | -2.65% |
| 2009-12-31 | $604.88M | -2.75% |
| 2008-12-31 | $621.97M | 4.84% |
| 2007-12-31 | $593.25M | 2.41% |
| 2006-12-31 | $579.31M | 2.71% |
| 2005-12-31 | $564.01M | -9.34% |
| 2004-12-31 | $622.10M | 64.75% |
| 2003-12-31 | $377.60M | 203.54% |
| 2002-12-31 | $124.40M | - |
Piedmont Office Realty Trust generated $678.66M in revenue during NA 2023, up 20.38% compared to the previous quarter, and up 129.03% compared to the same period a year ago.
Piedmont Office Realty Trust Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $6.11M | -95.77% |
| 2024-03-31 | $144.54M | -15.19% |
| 2023-12-31 | $170.42M | 3270.67% |
| 2023-09-30 | $5.06M | -96.47% |
| 2023-06-30 | $143.07M | 0.50% |
| 2023-03-31 | $142.37M | -3.29% |
| 2022-12-31 | $147.21M | 2.16% |
| 2022-09-30 | $144.10M | 5.72% |
| 2022-06-30 | $136.31M | 0.12% |
| 2022-03-31 | $136.15M | -1.46% |
| 2021-12-31 | $138.16M | 5.41% |
| 2021-09-30 | $131.07M | 0.66% |
| 2021-06-30 | $130.22M | 0.74% |
| 2021-03-31 | $129.26M | -1.73% |
| 2020-12-31 | $131.53M | -0.12% |
| 2020-09-30 | $131.69M | -2.18% |
| 2020-06-30 | $134.63M | -1.85% |
| 2020-03-31 | $137.17M | 2.25% |
| 2019-12-31 | $134.15M | -0.94% |
| 2019-09-30 | $135.42M | 3.64% |
| 2019-06-30 | $130.67M | -1.71% |
| 2019-03-31 | $132.94M | -3.10% |
| 2018-12-31 | $137.19M | 5.76% |
| 2018-09-30 | $129.71M | 0.41% |
| 2018-06-30 | $129.17M | -0.56% |
| 2018-03-31 | $129.90M | -6.84% |
| 2017-12-31 | $139.44M | 1.35% |
| 2017-09-30 | $137.59M | -7.46% |
| 2017-06-30 | $148.68M | 0.15% |
| 2017-03-31 | $148.46M | 3.16% |
| 2016-12-31 | $143.91M | 3.92% |
| 2016-09-30 | $138.49M | 2.35% |
| 2016-06-30 | $135.31M | -1.96% |
| 2016-03-31 | $138.01M | -1.04% |
| 2015-12-31 | $139.46M | -6.29% |
| 2015-09-30 | $148.81M | 1.42% |
| 2015-06-30 | $146.73M | -2.02% |
| 2015-03-31 | $149.76M | 2.08% |
| 2014-12-31 | $146.71M | 1.43% |
| 2014-09-30 | $144.64M | 4.37% |
| 2014-06-30 | $138.58M | 1.66% |
| 2014-03-31 | $136.32M | -3.63% |
| 2013-12-31 | $141.45M | -2.53% |
| 2013-09-30 | $145.12M | 7.66% |
| 2013-06-30 | $134.79M | 0.36% |
| 2013-03-31 | $134.30M | -1.30% |
| 2012-12-31 | $136.08M | 0.88% |
| 2012-09-30 | $134.89M | 0.88% |
| 2012-06-30 | $133.72M | 0.39% |
| 2012-03-31 | $133.20M | -3.12% |
| 2011-12-31 | $137.49M | 2.29% |
| 2011-09-30 | $134.41M | -10.71% |
| 2011-06-30 | $150.54M | 2.72% |
| 2011-03-31 | $146.55M | -3.14% |
| 2010-12-31 | $151.31M | 3.99% |
| 2010-09-30 | $145.50M | 0.22% |
| 2010-06-30 | $145.18M | -2.19% |
| 2010-03-31 | $148.44M | -1.71% |
| 2009-12-31 | $151.02M | 0.32% |
| 2009-09-30 | $150.54M | 0.64% |
| 2009-06-30 | $149.58M | -2.71% |
| 2009-03-31 | $153.75M | -1.07% |
| 2008-12-31 | $155.42M | 0.08% |
| 2008-09-30 | $155.29M | 2.06% |
| 2008-06-30 | $152.16M | - |
Piedmont Office Realty Trust generated $6.11M in revenue during Q2 2024, up -95.77% compared to the previous quarter, and up 4.29% compared to the same period a year ago.
Piedmont Office Realty Trust Revenue Breakdown
Piedmont Office Realty Trust Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Real Estate, Other | $20.71M | $16.35M | $11.60M | $12.20M | $17.88M |
| Management Service | $1.73M | $1.68M | $2.50M | $2.87M | $3.40M |
Piedmont Office Realty Trust's latest annual revenue breakdown by segment (product or service), as of Dec 23: Real Estate, Other (92.30%), and Management Service (7.70%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Management Service | $482.00K | $157.00K | $389.00K | $396.00K | $437.00K | $507.00K | $395.00K | $303.00K | $326.00K | $651.00K | $576.00K | $626.00K | $536.00K | $758.00K | $721.00K | $751.00K | $622.00K | $773.00K | $579.00K | $405.00K |
| Real Estate, Other | $6.11M | $5.30M | $5.50M | $5.06M | $5.13M | $5.03M | $4.71M | $4.22M | $3.83M | $3.59M | $3.27M | $3.02M | $2.71M | $2.59M | $2.54M | $2.66M | $2.76M | $4.24M | $3.88M | $4.44M |
Piedmont Office Realty Trust's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Real Estate, Other (92.69%), and Management Service (7.31%).
Piedmont Office Realty Trust Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| Atlanta, GA | $161.31M | $131.23M | $98.33M | $95.40M |
| New York, NY | $54.04M | $56.19M | $52.45M | $69.83M |
Piedmont Office Realty Trust's latest annual revenue breakdown by geography, as of Dec 23: Atlanta, GA (74.91%), and New York, NY (25.09%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| New York, NY | $13.62M | $13.69M | $13.37M | $13.94M | $13.25M | $13.48M | $13.73M | $14.53M | $14.06M | $13.88M | $13.13M | $12.85M | $13.30M | $13.19M |
| Atlanta, GA | $43.34M | $41.77M | $41.45M | $40.43M | $40.21M | $39.22M | $38.67M | $34.03M | $29.26M | $29.27M | $28.69M | $23.80M | $23.14M | $22.70M |
Piedmont Office Realty Trust's latest quarterly revenue breakdown by geography, as of Jun 24: Atlanta, GA (76.09%), and New York, NY (23.91%).
Piedmont Office Realty Trust 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 |
| OPI | Office Properties Income Trust | $533.55M | $123.69M |
| BDN | Brandywine Realty Trust | $514.65M | $125.35M |
| CIO | City Office REIT | $179.10M | $42.34M |
| EQC | Equity Commonwealth | $5.19M | $14.11M |
PDM Revenue FAQ
What is Piedmont Office Realty Trust’s yearly revenue?
Piedmont Office Realty Trust's yearly revenue for 2023 was $678.66M, representing an increase of 20.38% compared to 2022. The company's yearly revenue for 2022 was $563.77M, representing an increase of 6.63% compared to 2021. PDM's yearly revenue for 2021 was $528.71M, representing a decrease of -1.18% compared to 2020.
What is Piedmont Office Realty Trust’s quarterly revenue?
Piedmont Office Realty Trust's quarterly revenue for Q2 2024 was $6.11M, a -95.77% decrease from the previous quarter (Q1 2024), and a -95.73% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $144.54M, a -15.19% decrease from the previous quarter (Q4 2023), and a 1.52% increase year-over-year (Q1 2023). PDM's quarterly revenue for Q4 2023 was $170.42M, a 3270.67% increase from the previous quarter (Q3 2023), and a 15.77% increase year-over-year (Q4 2022).
What is Piedmont Office Realty Trust’s revenue growth rate?
Piedmont Office Realty Trust's revenue growth rate for the last 3 years (2021-2023) was 28.36%, and for the last 5 years (2019-2023) was 27.29%.
What are Piedmont Office Realty Trust’s revenue streams?
Piedmont Office Realty Trust's revenue streams in c 23 are Real Estate, Other, and Management Service. Real Estate, Other generated $20.71M in revenue, accounting 92.30% of the company's total revenue, up 26.69% year-over-year. Management Service generated $1.73M in revenue, accounting 7.70% of the company's total revenue, up 3.22% year-over-year.
What is Piedmont Office Realty Trust’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Piedmont Office Realty Trust was Real Estate, Other. This segment made a revenue of $20.71M, representing 92.30% of the company's total revenue.