Latest revenue
$6.9M
as of 2026-03-31
Latest net income
$-12.9M
as of 2026-03-31
Net margin
-188.5%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $1.03B
- Enterprise value
- $1.03B
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $9.19
- 52-wk low
- $6.32
- Beta
- —
- Shares out
- 125.0M
5-year trend
What this company does
ITEM 1. BUSINESS General Piedmont Realty Trust, Inc. (“Piedmont," "we," "our," or "us") (NYSE: PDM) is a Maryland corporation that operates in a manner so as to qualify as a real estate investment trust (“REIT”) for federal income tax purposes and engages in the ownership, management, development, redevelopment, and operation of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. Piedmont was incorporated in 1997 and commenced operations in 1998. Piedmont conducts business through its wholly-owned subsidiary, Piedmont Operating Partnership, L.P. (“Piedmont OP”), a Delaware limited partnership. Piedmont OP owns properties directly, through wholly-owned…
AI summary unavailable — showing raw filing excerpt
Generated from PDM's filing dated 2026-02-17
Key risks
Table of Contents Index to Financial Statements ITEM 1A. RISK FACTORS The risks detailed below are not the only risks facing us. Please be aware that additional risks and uncertainties not currently known to us or that we currently believe to be immaterial could also materially harm our business, operating results, cash flows or financial condition, impair our future prospects, negatively affect our ability to make distributions to our stockholders or cause the price of our common stock to decline. You should also refer to the other information contained in our periodic reports, including the Cautionary Note Regarding Forward-Looking Statements, our consolidated financial statements and the…
AI summary unavailable — showing raw filing excerpt
Generated from PDM's filing dated 2026-02-17
Profitability
Net margin
-14.8%
6.8%Return on equity
-5.6%
12.2%Return on assets
-2.1%
7.9%Leverage
Debt / equity
1.70×
6.5%Long-term debt / equity
1.36×
6.4%Debt / assets
62.9%
2.4%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $6.9M | +3.5% | $-12.9M | -27.9% | -188.5% |
Q4 2025 2025-12-31 | $545.9M | -1.1% | $-43.2M | -44.3% | -7.9% |
Q3 2025 2025-09-30 | $6.1M | -5.1% | $-13.5M | -16.9% | -219.5% |
Q2 2025 2025-06-30 | $6.3M | -3.9% | $-16.8M | -71.4% | -265.2% |
Q1 2025 2025-03-31 | $6.6M | +21.3% | $-10.1M | +63.6% | -152.6% |
Q4 2024 2024-12-31 | $551.8M | — | $-30.0M | — | -5.4% |
Q3 2024 2024-09-30 | $6.5M | +18.5% | $-11.5M | +32.2% | -178.3% |
Q2 2024 2024-06-30 | $6.6M | +18.4% | $-9.8M | -393.4% | -148.8% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Opeators of Nonresidential Buildings · SIC 6512
Your notes
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Insider activity
Insider buying
$0
Insider selling
$0
Net activity
+$0
Distinct insiders
0
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value |
|---|
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns PDM
Institutional value
$432.9M
Total shares held
71.1M
Distinct holders
147
-100 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 15.1M | $99.0M | +552.8K (+3.8%) | Added |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 12.5M | $82.0M | — | New |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 5.6M | $37.1M | — | New |
| 4 | WILSEY ASSET MANAGEMENT INC | 4.9M | $32.1M | +651.6K (+15.4%) | Added |
| 5 | PRIVATE MANAGEMENT GROUP INC | 4.1M | $26.9M | +324.9K (+8.6%) | Added |
| 6 | PRUDENTIAL FINANCIAL INC | 3.5M | $23.0M | +578.3K (+19.8%) | Added |
| 7 | CENTERSQUARE INVESTMENT MANAGEMENT LLC | 3.5M | $22.9M | +50.1K (+1.5%) | Added |
| 8 | SYSTEMATIC FINANCIAL MANAGEMENT LP | 1.7M | $11.0M | -9.3K (-0.6%) | Trimmed |
| 9 | DIMENSIONAL FUND ADVISORS LP | 1.6M | $10.2M | -123.7K (-7.4%) | Trimmed |
| 10 | Universal- Beteiligungs- und Servicegesellschaft mbH | 1.4M | $9.4M | -53.1K (-3.6%) | Trimmed |
| 11 | JPMORGAN CHASE & CO | 1.4M | $9.0M | -375.7K (-21.3%) | Trimmed |
| 12 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 978.5K | $6.4M | +975.7K (+35702.0%) | Added |
| 13 | VANGUARD FIDUCIARY TRUST CO | 811.2K | $5.3M | — | New |
| 14 | Clearbridge Investments, LLC | 776.8K | $5.1M | -26.2K (-3.3%) | Trimmed |
| 15 | Robeco Institutional Asset Management B.V. | 534.7K | $3.5M | -19.5K (-3.5%) | Trimmed |
| 16 | Bank of New York Mellon Corp | 475.7K | $3.1M | -17.0K (-3.4%) | Trimmed |
| 17 | Legal & General Group Plc | 464.3K | $3.1M | -58.3K (-11.2%) | Trimmed |
| 18 | WOLVERINE ASSET MANAGEMENT LLC | 381.7K | $2.5M | +40.7K (+11.9%) | Added |
| 19 | UBS Group AG | 377.6K | $2.5M | -26.2K (-6.5%) | Trimmed |
| 20 | Invesco Ltd. | 328.4K | $2.2M | -5.9K (-1.8%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once PDM's latest filing finishes processing.