Piedmont Realty Trust, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $565.0M | $570.3M | $577.8M | $563.8M | $528.7M | $535.0M | $533.2M | $526.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $30.6M | $35.4M | $29.2M | $29.1M | $30.3M | $27.5M | $37.9M | $29.7M |
| Operating Income | $79.4M | $40.4M | $47.8M | $58.0M | $39.9M | $88.8M | $92.3M | $115.7M |
| Operating Margin | 14.1% | 7.1% | 8.3% | 10.3% | 7.6% | 16.6% | 17.3% | 22.0% |
| Interest Expense | — | — | $101.3M | $65.7M | $51.3M | $55.0M | $61.6M | $61.0M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | $-1.0K | $-2.0K | $39.0K | $-10.0K | $-379.0K | $4.0K | $160.0K | $-97.0K |
| Net Income | $-83.6M | $-79.1M | $-48.4M | $146.8M | $-1.2M | $232.7M | $229.3M | $130.3M |
| Net Margin | -14.8% | -13.9% | -8.4% | 26.0% | -0.2% | 43.5% | 43.0% | 24.8% |
| EPS (Basic) | $-0.67 | $-0.64 | $-0.39 | $1.19 | $-0.01 | $1.85 | $1.82 | $1.00 |
| EPS (Diluted) | $-0.67 | $-0.64 | $-0.39 | $1.19 | $-0.01 | $1.85 | $1.82 | $1.00 |
| Shares Outstanding (Basic) | 124.4M | 123.9M | 123.7M | 123.4M | 124.0M | 125.7M | 125.7M | 130.2M |
| Shares Outstanding (Diluted) | 124.4M | 123.9M | 123.7M | 123.5M | 124.0M | 126.1M | 126.2M | 130.6M |
| Dividends Per Share | $0.13 | $0.50 | $0.67 | $0.84 | $0.84 | $0.84 | $0.84 | $0.84 |