Piedmont Realty Trust (PDM) Gross Margin (2018 - 2026)
Piedmont Realty Trust's (PDM) quarterly Gross Margin came in at 61.15% in Q2 2026, up 79.0% YoY from 34.16% in Q2 2025, and up 1.91% on a QoQ basis from 60.01% in Q1 2026.
Piedmont Realty Trust (PDM) Gross Margin (2018 - 2026) Analysis & Trends
Piedmont Realty Trust (PDM) has 9 years of Gross Margin data on file, last reported at 61.15% in Q2 2026.
- Quarterly Gross Margin rose 79.0% year-over-year to 61.15% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 60.02% (up 63.0% YoY) and the FY2025 annual result came in at 59.67%, up 72.0% from the prior year.
- Gross Margin advanced to 61.15% in Q2 2026, from 60.01% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 61.15% in Q2 2026 to a low of 58.71% in Q3 2024.
- A 5-year average of 59.59% and a median of 59.37% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin tumbled 148 bps — and 2025, when it soared 124 bps.
- Tracing PDM's Gross Margin over 5 years: stood at 59.4% in 2022, then decreased by 0 bps to 59.34% in 2023, then slipped by 0 bps to 59.08% in 2024, then retreated by 0 bps to 59.08% in 2025, then increased by 4 bps to 61.15% in 2026.
- The last three Gross Margin figures came in at 61.15% (Q2 2026), 60.01% (Q1 2026), and 59.08% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.06 Bn | 7.96 Bn | - | - |
| 2 | Cousins Properties | 4.86 Bn | 4.86 Bn | 183.86 Mn | 68.47% |
| 3 | Kilroy Realty | 4.28 Bn | 4.28 Bn | 212.24 Mn | 77.92% |
| 4 | Copt Defense Properties | 4.18 Bn | 4.18 Bn | 191.37 Mn | 96.95% |
| 5 | Sl Green Realty | 4.12 Bn | 4.12 Bn | 263.98 Mn | 99.99% |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | - |
| 7 | Douglas Emmett | 1.99 Bn | 1.64 Bn | 178.95 Mn | 69.75% |
| 8 | Empire State Realty OP | 1.25 Bn | 1.25 Bn | - | - |
| 9 | Piedmont Realty Trust | 1.22 Bn | 1.22 Bn | 88.14 Mn | 61.15% |
| 10 | Easterly Government Properties | 1.15 Bn | 1.15 Bn | 72.41 Mn | 78.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 61.15% |
| Mar 31, 2026 | 60.01% |
| Dec 31, 2025 | 59.08% |
| Sep 30, 2025 | 59.84% |
| Jun 30, 2025 | 60.36% |
| Mar 31, 2025 | 59.41% |
| Dec 31, 2024 | 59.08% |
| Sep 30, 2024 | 58.71% |
| Jun 30, 2024 | 59.12% |
| Mar 31, 2024 | 58.87% |
| Dec 31, 2023 | 59.34% |
| Sep 30, 2023 | 59.28% |
| Jun 30, 2023 | 59.20% |
| Mar 31, 2023 | 59.41% |
| Dec 31, 2022 | 59.40% |
| Sep 30, 2022 | 59.03% |
| Jun 30, 2022 | 60.65% |
| Mar 31, 2022 | 60.62% |
| Dec 31, 2021 | 59.41% |
| Sep 30, 2021 | 60.50% |