Paramount Group (PGRE) Revenue & Revenue Breakdown
Paramount Group Revenue Highlights
Latest Revenue (Y)
$742.79M
Latest Revenue (Q)
$194.90M
Main Segment (Y)
Asset Management Fees
Paramount Group Revenue by Period
Paramount Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $742.79M | 0.33% |
| 2022-12-31 | $740.38M | 1.87% |
| 2021-12-31 | $726.79M | 1.76% |
| 2020-12-31 | $714.24M | -7.14% |
| 2019-12-31 | $769.18M | 1.35% |
| 2018-12-31 | $758.96M | 5.56% |
| 2017-12-31 | $718.97M | 5.21% |
| 2016-12-31 | $683.34M | 3.16% |
| 2015-12-31 | $662.41M | 57.76% |
| 2014-12-31 | $419.89M | 615.89% |
| 2013-12-31 | $58.65M | 8.04% |
| 2012-12-31 | $54.29M | -4.74% |
| 2011-12-31 | $56.99M | - |
Paramount Group generated $742.79M in revenue during NA 2023, up 0.33% compared to the previous quarter, and up 97.87% compared to the same period a year ago.
Paramount Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $194.90M | 4.00% |
| 2024-06-30 | $187.41M | -0.78% |
| 2024-03-31 | $188.88M | -1.87% |
| 2023-12-31 | $192.47M | 1.74% |
| 2023-09-30 | $189.18M | 9.57% |
| 2023-06-30 | $172.66M | -8.39% |
| 2023-03-31 | $188.47M | 2.42% |
| 2022-12-31 | $184.03M | -1.67% |
| 2022-09-30 | $187.15M | 0.88% |
| 2022-06-30 | $185.52M | 1.00% |
| 2022-03-31 | $183.69M | -0.29% |
| 2021-12-31 | $184.22M | 2.84% |
| 2021-09-30 | $179.13M | -1.72% |
| 2021-06-30 | $182.27M | 0.61% |
| 2021-03-31 | $181.17M | -0.65% |
| 2020-12-31 | $182.36M | 3.16% |
| 2020-09-30 | $176.78M | 3.31% |
| 2020-06-30 | $171.12M | -6.99% |
| 2020-03-31 | $183.99M | -3.41% |
| 2019-12-31 | $190.49M | -3.95% |
| 2019-09-30 | $198.32M | 5.16% |
| 2019-06-30 | $188.58M | -1.67% |
| 2019-03-31 | $191.79M | 0.59% |
| 2018-12-31 | $190.68M | -1.00% |
| 2018-09-30 | $192.60M | 0.61% |
| 2018-06-30 | $191.42M | 3.88% |
| 2018-03-31 | $184.27M | 2.23% |
| 2017-12-31 | $180.26M | 0.27% |
| 2017-09-30 | $179.77M | 1.16% |
| 2017-06-30 | $177.70M | -1.95% |
| 2017-03-31 | $181.24M | 8.65% |
| 2016-12-31 | $166.80M | -2.64% |
| 2016-09-30 | $171.32M | -0.57% |
| 2016-06-30 | $172.30M | -0.36% |
| 2016-03-31 | $172.92M | 1.40% |
| 2015-12-31 | $170.53M | 1.67% |
| 2015-09-30 | $167.73M | 2.94% |
| 2015-06-30 | $162.93M | 1.06% |
| 2015-03-31 | $161.23M | 598.76% |
| 2014-09-30 | $23.07M | 50.41% |
| 2014-06-30 | $15.34M | 14.05% |
| 2014-03-31 | $13.45M | -24.85% |
| 2013-12-31 | $17.90M | 16.30% |
| 2013-09-30 | $15.39M | - |
Paramount Group generated $194.90M in revenue during Q3 2024, up 4.00% compared to the previous quarter, and up 112.88% compared to the same period a year ago.
Paramount Group Revenue Breakdown
Paramount Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Asset Management Fees | $11.07M | $12.27M | $13.28M | $14.27M | $10.44M |
| Property Management Fees | $7.28M | $7.98M | $8.59M | $9.24M | $6.85M |
| Acquisition Disposition Leasing And Other | $3.24M | $8.17M | $6.60M | - | - |
| Other Fee Income | - | - | - | $1.93M | $2.02M |
| Acquisition Disposition And Leasing Fee | - | - | - | $2.63M | $3.44M |
Paramount Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Asset Management Fees (51.28%), Property Management Fees (33.70%), and Acquisition Disposition Leasing And Other (15.02%).
Quarterly Revenue by Product
| Product/Service | 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 | Dec 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Property Management Fees | $1.70M | $1.66M | $1.74M | $1.77M | $1.81M | $1.83M | $1.86M | $1.81M | $1.85M | $2.10M | $2.22M | $2.13M | $2.18M | $2.08M | $2.20M | $2.28M | $2.27M | $2.24M | $2.45M | $1.92M |
| Acquisition Disposition Leasing And Other | $2.95M | $330.00K | $2.20M | $1.60M | $304.00K | $819.00K | $520.00K | $385.00K | $117.00K | $784.00K | $6.88M | $3.80M | $1.10M | - | - | - | - | - | - | - |
| Asset Management Fees | $2.13M | $2.32M | $2.31M | $4.12M | $2.46M | $2.33M | $2.17M | $3.13M | $3.17M | $3.09M | $2.88M | $3.11M | $3.28M | $3.41M | $3.49M | $3.54M | $3.64M | $3.57M | $3.52M | $3.17M |
| Acquisition Disposition And Leasing Fee | - | - | - | - | - | - | - | - | - | - | - | - | - | $439.00K | $43.00K | $2.59M | - | - | - | - |
| Other Fee Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $268.00K | $988.00K | $514.00K | $661.00K | $399.00K | $359.00K | $285.00K |
Paramount Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Acquisition Disposition Leasing And Other (43.49%), Asset Management Fees (31.49%), and Property Management Fees (25.01%).
Paramount Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| KRC | Kilroy Realty | $1.13B | $289.94M |
| DEI | Douglas Emmett | $1.02B | $245.78M |
| HPP | Hudson Pacific Properties | $952.30M | $218.00M |
| HIW | Highwoods Properties | $834.00M | $204.32M |
| CUZ | Cousins Properties | $801.50M | $208.72M |
| PGRE | Paramount Group | $742.79M | $194.90M |
| PDM | Piedmont Office Realty Trust | $678.66M | $5.57M |
| BDN | Brandywine Realty Trust | $514.65M | $125.35M |
| CIO | City Office REIT | $179.10M | $42.37M |
| EQC | Equity Commonwealth | $5.19M | $13.99M |
PGRE Revenue FAQ
What is Paramount Group’s yearly revenue?
Paramount Group's yearly revenue for 2023 was $742.79M, representing an increase of 0.33% compared to 2022. The company's yearly revenue for 2022 was $740.38M, representing an increase of 1.87% compared to 2021. PGRE's yearly revenue for 2021 was $726.79M, representing an increase of 1.76% compared to 2020.
What is Paramount Group’s quarterly revenue?
Paramount Group's quarterly revenue for Q3 2024 was $194.9M, a 4.00% increase from the previous quarter (Q2 2024), and a 3.02% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $187.41M, a -0.78% decrease from the previous quarter (Q1 2024), and a 8.54% increase year-over-year (Q2 2023). PGRE's quarterly revenue for Q1 2024 was $188.88M, a -1.87% decrease from the previous quarter (Q4 2023), and a 0.21% increase year-over-year (Q1 2023).
What is Paramount Group’s revenue growth rate?
Paramount Group's revenue growth rate for the last 3 years (2021-2023) was 2.20%, and for the last 5 years (2019-2023) was -3.43%.
What are Paramount Group’s revenue streams?
Paramount Group's revenue streams in c 23 are Asset Management Fees, Property Management Fees, and Acquisition Disposition Leasing And Other. Asset Management Fees generated $11.08M in revenue, accounting 51.28% of the company's total revenue, down -9.74% year-over-year. Property Management Fees generated $7.28M in revenue, accounting 33.70% of the company's total revenue, down -8.81% year-over-year. Acquisition Disposition Leasing And Other generated $3.24M in revenue, accounting 15.02% of the company's total revenue, down -60.29% year-over-year.
What is Paramount Group’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Paramount Group was Asset Management Fees. This segment made a revenue of $11.08M, representing 51.28% of the company's total revenue.