Piedmont Realty Trust (PDM) Gross Margin (2018 - 2026)
Piedmont Realty Trust (PDM) reported Gross Margin of 60.01% for Q1 2026, up 60.0% on a YoY basis from 37.51% in Q1 2025, and up 1.58% quarter-over-quarter from 59.08% in Q4 2025.
Piedmont Realty Trust (PDM) Gross Margin (2018 - 2026) Analysis & Trends
Piedmont Realty Trust has reported Gross Margin for 9 years, with the latest figure at 60.01% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 60.0% year-over-year to 60.01%; the trailing twelve-month figure through Mar 2026 stood at 59.82% (up 73.0% YoY), and the FY2025 full-year result was 59.67%, up 72.0% from the prior year.
- Gross Margin for Q1 2026 stood at 60.01%, up from 59.08% in the prior quarter.
- The five-year high for Gross Margin was 60.65% in Q2 2022, with the low at 58.71% in Q3 2024.
- Historically, Gross Margin has averaged 59.5% across 5 years, with a median of 59.34% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin tumbled 148 bps — and 2025, when it soared 124 bps.
- Piedmont Realty Trust's Gross Margin 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 gained by 2 bps to 60.01% in 2026.
- The last three Gross Margin figures came in at 60.01% (Q1 2026), 59.08% (Q4 2025), and 59.84% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.03 Bn | 9.03 Bn | - | - |
| 2 | Cousins Properties | 4.85 Bn | 4.87 Bn | 180.52 Mn | 68.61% |
| 3 | Kilroy Realty | 4.57 Bn | 4.57 Bn | -59.85 Mn | -1,240.65% |
| 4 | Sl Green Realty | 3.90 Bn | 4.01 Bn | 252.80 Mn | 99.89% |
| 5 | Copt Defense Properties | 3.85 Bn | 3.90 Bn | 195.09 Mn | 97.23% |
| 6 | Highwoods Properties | 3.25 Bn | 3.27 Bn | - | - |
| 7 | Douglas Emmett | 2.11 Bn | 3.29 Bn | 176.48 Mn | 70.32% |
| 8 | Empire State Realty OP | 1.49 Bn | 1.49 Bn | - | - |
| 9 | Piedmont Realty Trust | 1.15 Bn | 1.15 Bn | 85.99 Mn | 60.01% |
| 10 | Easterly Government Properties | 1.12 Bn | 1.17 Bn | 71.01 Mn | 77.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 60.33% |