Craft

Piedmont Office Realty Trust

Stock Price

$10.1

2024-10-29

Market Capitalization

$1.3 B

2024-10-29

Revenue

$565 M

FY, 2025

Piedmont Office Realty Trust Summary

Company Summary

Overview
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is a fully integrated and self-managed real estate investment trust (REIT) specializing in the ownership and management of high-quality Class A office buildings located primarily in the ten largest U.S. office markets, including Chicago, Washington, D. C., New York, Dallas, Los Angeles, and Boston. Piedmont's wholly-owned office buildings comprise approximately 21 million rentable square feet. The Company is headquartered in Atlanta, GA, with local management offices in each of its major markets. Investment-grade rated by Standard & Poor's (BBB) and Moody's (Baa2), Piedmont has maintained a low-leverage strategy while transacting almost $6 billion and approximately $1.5 billion in property acquisitions and dispositions, respectively, during its fifteen year operating history.
Type
Public
Status
Active
HQ
Duluth, GA, US | view all locations
Website
http://www.piedmontreit.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • C. Brent Smith

    C. Brent Smith, President, Chief Executive Officer and Director

    • Dale H. Taysom

      Dale H. Taysom, Vice-Chair of the Board

      • Laura P. Moon

        Laura P. Moon, Chief Accounting Officer and SVP

      • Robert E. Bowers

        Robert E. Bowers, Chief Financial and Administrative Officer, EVP

      LocationsView all

      1 location detected

      • Duluth, GA HQ

        United States

        11695 Johns Creek Pkwy #350

      Piedmont Office Realty Trust Financials

      Summary Financials

      Revenue (Q1, 2026)
      $143.3M
      Gross profit (Q1, 2026)
      $86.0M
      Net income (Q1, 2026)
      ($12.9M)
      Cash (Q1, 2026)
      $2.3M
      Enterprise value
      $3.5B

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