Piedmont Office Realty Trust (PDM) Revenue & Revenue Breakdown

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Piedmont Office Realty Trust Revenue Highlights

Latest Revenue (Y)

$570.32B

Latest Revenue (Q)

$5.57M

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
2024-12-31	$570.32B	98613.64%
2023-12-31	$577.76M	2.48%
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 $570.32B in revenue during NA 2024, up 98613.64% compared to the previous quarter, and up 106966.90% compared to the same period a year ago.

Piedmont Office Realty Trust Revenue by Quarter

Date	Revenue	Change
2024-09-30	$5.57M	-96.12%
2024-06-30	$143.26M	-0.88%
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 $5.57M in revenue during Q3 2024, up -96.12% compared to the previous quarter, and up 3.89% 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 24	Dec 23	Dec 22	Dec 21	Dec 20
Real Estate, Other	$24.52M	$20.71M	$16.35M	$11.60M	$12.20M
Management Service	$1.74M	$1.73M	$1.68M	$2.50M	$2.87M

Piedmont Office Realty Trust's latest annual revenue breakdown by segment (product or service), as of Dec 24: Real Estate, Other (93.38%), and Management Service (6.62%).

Quarterly Revenue by Product

Product/Service	Dec 24	Sep 24	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
Management Service	$203.00K	$896.00K	$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
Real Estate, Other	$7.55M	$5.57M	$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

Piedmont Office Realty Trust's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Real Estate, Other (97.38%), and Management Service (2.62%).

Piedmont Office Realty Trust Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Atlanta, GA	$172.13M	$161.31M	$131.23M	$98.33M	$95.40M
New York, NY	$55.92M	$54.04M	$56.19M	$52.45M	$69.83M

Piedmont Office Realty Trust's latest annual revenue breakdown by geography, as of Dec 24: Atlanta, GA (75.48%), and New York, NY (24.52%).

Quarterly Revenue by Country

Country	Dec 24	Sep 24	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	$14.57M	$14.04M	$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	$45.53M	$41.49M	$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 Dec 24: Atlanta, GA (75.76%), and New York, NY (24.24%).

Piedmont Office Realty Trust Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
PDM	Piedmont Office Realty Trust	$570.32B	$5.57M
KRC	Kilroy Realty	$1.14B	$289.94M
DEI	Douglas Emmett	$986.48M	$109.09M
HPP	Hudson Pacific Properties	$842.08M	$166.94M
BDN	Brandywine Realty Trust	$505.52M	$131.78M
OPI	Office Properties Income Trust	$501.98M	$120.62M
CIO	City Office REIT	$171.13M	$42.37M
EQC	Equity Commonwealth	$47.98M	$13.99M
CUZ	Cousins Properties	$7.22M	$208.72M
HIW	Highwoods Properties	-	$204.32M

PDM Revenue FAQ

What is Piedmont Office Realty Trust’s yearly revenue?

Piedmont Office Realty Trust's yearly revenue for 2024 was $570.32B, representing an increase of 98613.64% compared to 2023. The company's yearly revenue for 2023 was $577.76M, representing an increase of 2.48% compared to 2022. PDM's yearly revenue for 2022 was $563.77M, representing an increase of 6.63% compared to 2021.

What is Piedmont Office Realty Trust’s quarterly revenue?

Piedmont Office Realty Trust's quarterly revenue for Q3 2024 was $5.56M, a -96.12% decrease from the previous quarter (Q2 2024), and a 10.07% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $143.26M, a -0.88% decrease from the previous quarter (Q1 2024), and a 0.13% increase year-over-year (Q2 2023). PDM'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).

What is Piedmont Office Realty Trust’s revenue growth rate?

Piedmont Office Realty Trust's revenue growth rate for the last 3 years (2022-2024) was 101063.25%, and for the last 5 years (2020-2024) was 106497.83%.

What are Piedmont Office Realty Trust’s revenue streams?

Piedmont Office Realty Trust's revenue streams in c 24 are Real Estate, Other, and Management Service. Real Estate, Other generated $24.52M in revenue, accounting 93.38% of the company's total revenue, up 18.38% year-over-year. Management Service generated $1.74M in revenue, accounting 6.62% of the company's total revenue, up 0.52% year-over-year.

What is Piedmont Office Realty Trust’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Piedmont Office Realty Trust was Real Estate, Other. This segment made a revenue of $24.52M, representing 93.38% of the company's total revenue.