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Paramount Group (PGRE) Revenue & Revenue Breakdown

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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

DateRevenueChange
2023-12-31$742.79M0.33%
2022-12-31$740.38M1.87%
2021-12-31$726.79M1.76%
2020-12-31$714.24M-7.14%
2019-12-31$769.18M1.35%
2018-12-31$758.96M5.56%
2017-12-31$718.97M5.21%
2016-12-31$683.34M3.16%
2015-12-31$662.41M57.76%
2014-12-31$419.89M615.89%
2013-12-31$58.65M8.04%
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

DateRevenueChange
2024-09-30$194.90M4.00%
2024-06-30$187.41M-0.78%
2024-03-31$188.88M-1.87%
2023-12-31$192.47M1.74%
2023-09-30$189.18M9.57%
2023-06-30$172.66M-8.39%
2023-03-31$188.47M2.42%
2022-12-31$184.03M-1.67%
2022-09-30$187.15M0.88%
2022-06-30$185.52M1.00%
2022-03-31$183.69M-0.29%
2021-12-31$184.22M2.84%
2021-09-30$179.13M-1.72%
2021-06-30$182.27M0.61%
2021-03-31$181.17M-0.65%
2020-12-31$182.36M3.16%
2020-09-30$176.78M3.31%
2020-06-30$171.12M-6.99%
2020-03-31$183.99M-3.41%
2019-12-31$190.49M-3.95%
2019-09-30$198.32M5.16%
2019-06-30$188.58M-1.67%
2019-03-31$191.79M0.59%
2018-12-31$190.68M-1.00%
2018-09-30$192.60M0.61%
2018-06-30$191.42M3.88%
2018-03-31$184.27M2.23%
2017-12-31$180.26M0.27%
2017-09-30$179.77M1.16%
2017-06-30$177.70M-1.95%
2017-03-31$181.24M8.65%
2016-12-31$166.80M-2.64%
2016-09-30$171.32M-0.57%
2016-06-30$172.30M-0.36%
2016-03-31$172.92M1.40%
2015-12-31$170.53M1.67%
2015-09-30$167.73M2.94%
2015-06-30$162.93M1.06%
2015-03-31$161.23M598.76%
2014-09-30$23.07M50.41%
2014-06-30$15.34M14.05%
2014-03-31$13.45M-24.85%
2013-12-31$17.90M16.30%
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/ServiceDec 23Dec 22Dec 21Dec 20Dec 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/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 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

TickerCompanyLast Year RevenueLast Quarter Revenue
KRCKilroy Realty$1.13B$289.94M
DEIDouglas Emmett$1.02B$109.09M
HPPHudson Pacific Properties$952.30M$166.94M
HIWHighwoods Properties$834.00M$204.32M
CUZCousins Properties$801.50M$208.72M
PGREParamount Group$742.79M$194.90M
PDMPiedmont Office Realty Trust$678.66M$5.57M
BDNBrandywine Realty Trust$514.65M$131.78M
CIOCity Office REIT$179.10M$42.37M
EQCEquity 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.