PDM FINANCIAL STATEMENTS

Piedmont Office Realty Trust Inc — balance sheet, income statement and cash flow trends

PDMPiedmont Office Realty Trust Inc

🇺🇸 USA · NYSE · Real Estate · REIT - Office

Value it Duel

Income Statement

Quarterly progression — trailing-twelve-month values

RevenueNet Income

Profit Funnel

Q1 2026 · TTM

Percentages are relative to revenue.

Key Figures

YoY change

Revenue565.6 M $-0.5%

Gross Profit48.3 M $-85.6%

Operating Income77.3 M $+3.6%

EBITDA271.3 M $-5.9%

Net Income-86.4 M $—

Peer Comparison· REIT - Office

Company	Rev. Growth	Gross Margin	EBITDA Margin	Net Margin
PDM	-0.5%	8.5%	48.0%	-15.3%
AP-UN	-2.2%	51.6%	-208.6%	-233.3%
DXS	—	—	—	—
COL	2.7%	92.4%	103.9%	75.4%
MRL	8.0%	89.7%	96.1%	140.9%
MHRGY	29.0%	95.3%	41.6%	103.1%
Industry median	1.0%	56.5%	53.9%	-0.5%

Company	Rev. Growth	Gross Margin	EBITDA Margin	Net Margin
PDM	-0.5%	8.5%	48.0%	-15.3%
DEA	13.3%	50.1%	59.7%	3.2%
HPP	-1.5%	29.1%	-4.1%	-66.0%
DEI	1.0%	24.2%	59.9%	-2.6%
PSTL	23.6%	75.4%	61.6%	15.8%
BDN	-2.1%	41.8%	24.8%	-40.9%
Industry median	1.0%	56.5%	53.9%	-0.5%

Balance Sheet

Quarterly period-end values

Total AssetsTotal LiabilitiesEquity

Capital Structure

Q1 2026

Equity1.5 B $37%
Current Liabilities275.8 M $7%
Long-term Liabilities2.3 B $56%

Key Figures

YoY change

Total Assets4 B $+0.7%

Total Liabilities2.6 B $+4.5%

Total Equity1.5 B $-5.0%

Cash & ST Investments2.3 M $-21.7%

Total Debt2.3 B $+2.6%

Net Debt2.3 B $+2.7%

Peer Comparison· REIT - Office

Company	Current Ratio	Debt/Equity	NetDebt/EBITDA	Equity/Assets
PDM	0.84	153.6%	8.38	36.7%
AP-UN	1.41	94.8%	-3.38	48.5%
DXS	0.45	47.3%	—	65.5%
COL	—	—	—	—
MRL	2.07	59.4%	6.68	59.2%
MHRGY	34.22	0.0%	-9.81	79.9%
Industry median	0.84	128.6%	6.60	40.4%

Company	Current Ratio	Debt/Equity	NetDebt/EBITDA	Equity/Assets
PDM	0.84	153.6%	8.38	36.7%
DEA	0.22	130.8%	8.21	38.3%
HPP	0.35	128.6%	-106.53	40.4%
DEI	2.54	298.4%	8.70	20.1%
PSTL	14.49	140.0%	6.59	36.9%
BDN	1.63	360.3%	21.44	20.5%
Industry median	0.84	128.6%	6.60	40.4%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values

Operating Cash FlowCapital ExpendituresFree Cash Flow

Cash Flow Bridge

Q1 2026 · TTM

Key Figures

YoY change

Operating Cash Flow165 M $-7.6%

Capital Expenditures155.9 M $-24.2%

Free Cash Flow9.1 M $—

Dividends Paid-165 K $-100.3%

Peer Comparison· REIT - Office

Company	CF Margin	FCF Margin	CapEx Ratio	CF/Net Income
PDM	29.2%	1.6%	27.6%	-190.9%
AP-UN	41.6%	41.5%	0.1%	-17.8%
DXS	—	—	—	—
COL	35.8%	35.2%	0.6%	47.5%
MRL	—	—	0.0%	—
MHRGY	14.5%	13.3%	1.5%	14.1%
Industry median	38.3%	13.6%	21.6%	-15.2%

Company	CF Margin	FCF Margin	CapEx Ratio	CF/Net Income
PDM	29.2%	1.6%	27.6%	-190.9%
DEA	75.2%	75.2%	70.3%	2,333.8%
HPP	16.5%	13.9%	2.6%	-25.1%
DEI	37.0%	11.1%	25.9%	-1,425.8%
PSTL	44.4%	37.1%	7.3%	280.8%
BDN	26.7%	6.2%	20.4%	-65.1%
Industry median	38.3%	13.6%	21.6%	-15.2%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

Go deeper on PDM

Run a DCF valuation

Full DCF model with editable assumptions

Start a head-to-head duel

Compare two stocks metric by metric

Filter in the stock screener

Build your own universe with 400+ metrics

Data on this page refreshes once per day. Price data as of Jul 6, 26. This content is for informational purposes only and is not investment advice.