Piedmont Realty Trust PDM
NYSE PDM
$9.74 +0.16 (+1.67%)
At close: Aug 20, 2026 · 4:00 PM EDT

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
DateValue
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%