Piedmont Realty Trust, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-83.6M | $-79.1M | $-48.4M | $146.8M | $-1.2M | $232.7M | $229.3M | $130.3M |
| Depreciation & Amortization | $181.2M | $177.6M | $179.4M | $166.2M | $149.2M | $142.8M | $132.6M | $128.5M |
| Depreciation | $166.5M | $156.8M | $148.5M | $133.6M | $120.6M | $110.6M | $106.0M | $108.0M |
| Amortization | $57.6M | $64.1M | $78.4M | $81.8M | $78.7M | $84.5M | $71.6M | $58.3M |
| Stock-Based Compensation | $9.7M | $9.6M | $8.1M | $9.0M | $11.0M | $9.7M | $15.4M | $9.7M |
| Net Cash from Operating Activities | $140.6M | $198.1M | $210.1M | $215.2M | $242.2M | $193.3M | $208.5M | $202.9M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-175.3M | $-186.6M | $-196.0M | $-1.2M | $-368.9M | $-197.9M | $134.4M | $323.8M |
| Financing Activities | ||||||||
| Dividends Paid | $30.9M | $61.9M | $93.1M | $104.4M | $103.9M | $106.3M | $106.4M | — |
| Stock Repurchases | — | — | $0 | $0 | $19.5M | $30.0M | $16.9M | $298.5M |
| Net Cash from Financing Activities | $-75.3M | $98.2M | $-29.5M | $-203.2M | $126.4M | $-1.6M | $-333.5M | $-529.4M |
| Net Change in Cash | $-110.1M | $109.7M | $-15.4M | $10.7M | $-354.0K | $-6.2M | $9.4M | $-2.7M |
| Free Cash Flow | — | — | — | — | — | — | — | — |