← Piedmont Realty Trust, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $555.7m |
$574.2m
+3.32%
|
$526.0m
-8.40%
|
$533.2m
+1.37%
|
$535.0m
+0.35%
|
$528.7m
-1.18%
|
$563.8m
+6.63%
|
$577.8m
+2.48%
|
$570.3m
-1.29%
|
$565.0m
-0.93%
|
$569.4m
+0.79%
|
|
| Cost of Revenue | $455.7m |
$222.4m
-51.19%
|
$209.3m
-5.89%
|
$211.4m
+0.98%
|
$214.9m
+1.68%
|
$210.9m
-1.86%
|
$226.1m
+7.17%
|
$235.1m
+4.00%
|
$234.1m
-0.41%
|
$227.9m
-2.67%
|
$227.6m
-0.10%
|
|
| Gross Profit (derived) | $100.0m |
$351.7m
+251.63%
|
$316.6m
-9.98%
|
$321.8m
+1.63%
|
$320.1m
-0.53%
|
$317.8m
-0.72%
|
$337.7m
+6.27%
|
$342.7m
+1.47%
|
$336.2m
-1.89%
|
$337.1m
+0.27%
|
$341.8m
+1.39%
|
|
| General and Administrative Expense | $29.2m | $31.1m | $29.7m | $37.9m | $27.5m | $30.3m | $29.1m | $29.2m | $35.4m | $30.6m | $31.2m | |
| Amortization of Intangible Assets | $74.4m | $73.9m | $58.3m | $71.6m | $84.5m | $78.7m | $81.8m | $78.4m | $64.1m | $57.6m | — | |
| Operating Lease, Lease Income | — | — | — | $511.9m | $520.0m | $514.6m | $545.7m | $555.3m | $544.1m | $538.0m | — | |
| Operating Expenses | $484.9m | $492.9m | $410.3m | — | — | — | — | — | — | — | $492.8m | |
| Operating Income (Loss) | $70.8m |
$81.3m
+14.85%
|
$115.7m
+42.27%
|
— | — | — | — | — | — | — | $76.6m | |
| Other income (expense): | ||||||||||||
| Other Nonoperating Income (Expense) | ($13k) | $657k | $1.6m | $1.6m | $2.6m | $10.2m | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $362k | $3.8m | $0 | $0 | — | — | — | — | — | — | — | |
| Interest Expense (non-operating) | $64.9m | $68.1m | $61.0m | $61.6m | $55.0m | $51.3m | $65.7m | $101.3m | $123.0m | $128.0m | $128.2m | |
| Other Income | — | — | $1.6m | $1.6m | $1.7m | $9.1m | $2.7m | $3.9m | $4.3m | $734k | — | |
| Nonoperating Income (Expense) | ($64.5m) | ($63.6m) | $14.6m | $137.0m | $143.9m | ($41.1m) | $88.8m | ($96.2m) | ($119.5m) | ($163.0m) | — | |
| Income Tax Expense (Benefit) | $415k | $13k | ($97k) | $160k | $4k | ($379k) | ($10k) | ($39k) | $2k | ($1k) | — | |
| Net Income (Loss) Attributable to Parent | $99.7m |
$133.6m
+33.92%
|
$130.3m
-2.45%
|
$229.3m
+75.95%
|
$232.7m
+1.49%
|
($1.2m)
-100.50%
|
$146.8m
+12834.61%
|
($48.4m)
-132.95%
|
($79.1m)
-63.41%
|
($83.6m)
-5.76%
|
($80.7m)
+3.46%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | ($15k) | ($15k) | ($5k) | ($5k) | ($3k) | ($14k) | $0 | $10k | $5k | $19k | ($80.7m) | |
| Earnings Per Share, Basic | $0.74 | $0.92 | $1.00 | $1.82 | $1.85 | ($0.01) | $1.19 | ($0.39) | ($0.64) | ($0.67) | ($0.64) | |
| Earnings Per Share, Diluted | $0.74 | $0.92 | $1.00 | $1.82 | $1.85 | ($0.01) | $1.19 | ($0.39) | ($0.64) | ($0.67) | ($0.64) | |
| Weighted Average Number of Shares Outstanding, Basic | 145.2m | 145.0m | 130.2m | 125.7m | 125.7m | 124.0m | 123.4m | 123.7m | 123.9m | 124.4m | 124.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | 145.6m | 145.4m | 130.6m | 126.2m | 126.1m | 124.0m | 123.5m | 123.7m | 123.9m | 124.4m | 124.7m | |
| Additional Financial Items | ||||||||||||
| Cost, Depreciation and Amortization | — | — | — | — | — | — | $224.6m | $236.2m | $226.5m | $227.1m | — | |
| Direct Costs of Leased and Rented Property or Equipment | $218.9m | $220.6m | $209.3m | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $16.0m | $29.4m | $0 | $0 | $15.4m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $6.3m | $17.7m | $130.3m | $5k | $3k | $14k | $0 | $10k | $5k | $19k | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | $0 | $5k | $5k | $3k | $14k | $0 | $10k | $5k | $19k | — |