Atlanta was Piedmont Realty Trust’s largest segment in fiscal 2025, bringing in $180.00M of $564.99M (32%).
| Segment | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Atlanta | $131.23M | $161.31M | $172.13M | $180.00M | ||||
| Dallas | $109.30M | $111.59M | $108.27M | $102.29M | ||||
| Washington, D.C | — | — | — | — | ||||
| New York | $56.19M | $54.04M | $55.92M | $58.50M | ||||
| Washington, D.C./Northern Virginia | — | — | — | — | ||||
| Northern Virginia/Washington, D.C | $63.53M | $60.32M | $58.85M | $51.67M | ||||
| Northern Virginia/Washington D.C | — | — | — | — | ||||
| Orlando | $58.20M | $61.69M | $59.54M | $65.82M | ||||
| Minneapolis | $61.53M | $63.71M | $48.58M | $45.19M | ||||
| Boston | $59.21M | $42.85M | $45.77M | $41.42M | ||||
| Other | $24.57M | $22.24M | $21.28M | $20.09M | ||||
| Corporate & Other | — | — | — | — | ||||
| Total | $563.77M | $577.76M | $570.32M | $564.99M |
Piedmont Realty Trust brought in $564.99M from its eight segments in fiscal 2025, the year ended December 31, 2025. That was down 0.9% from $570.32M in fiscal 2024. Atlanta was the largest at $180.00M (31.9%), ahead of Dallas at $102.29M (18.1%) and Orlando at $65.82M (11.6%). The other five segments brought in $216.88M combined.
Compared with fiscal 2024, Orlando grew fastest, up 10.5% to $65.82M, while Northern Virginia/Washington, D.C fell the most, down 12.2% to $51.67M. From fiscal 2022 to 2025, combined revenue from these segments grew from $563.77M to $564.99M, a compound annual growth rate of 0.1%. Atlanta's share of the total rose from 23.3% to 31.9%.
Non-Guarantor Subsidiaries was Piedmont Realty Trust’s largest revenue line in fiscal 2012, bringing in $453.00M of $520.70M (87%).
| Legal Entity | FY 2011 | FY 2012 |
|---|---|---|
| Non-Guarantor Subsidiaries | $453.28M | $453.00M |
| Issuer | $86.21M | $84.83M |
| Eliminations | -$14.38M | -$17.13M |
| Total | $525.11M | $520.70M |
Piedmont Realty Trust brought in $520.70M from its three revenue lines in fiscal 2012, the year ended December 31, 2012. That was down 0.8% from $525.11M in fiscal 2011. Non-Guarantor Subsidiaries was the largest at $453.00M (87.0%), ahead of Issuer at $84.83M (16.3%).
Compared with fiscal 2011, Non-Guarantor Subsidiaries fell 0.1% to $453.00M and Issuer fell 1.6% to $84.83M.
The total is net of Eliminations, which took $17.13M off revenue in fiscal 2012.
Piedmont Realty Trust (PDM) reports its revenue by segment and by legal entity. In fiscal 2025, Atlanta was its largest segment, bringing in $180.00M (31.9% of the total), followed by Dallas at $102.29M (18.1%).
Atlanta was Piedmont Realty Trust's largest segment in fiscal 2025, bringing in $180.00M, or 31.9% of the $564.99M total across its eight segments.
Non-Guarantor Subsidiaries was Piedmont Realty Trust's largest revenue line in fiscal 2012, bringing in $453.00M, or 87.0% of the $520.70M total across its three revenue lines.
Among Piedmont Realty Trust's segments that make up at least 2% of revenue, Orlando grew fastest in fiscal 2025, up 10.5% from $59.54M to $65.82M.
Every figure comes from Piedmont Realty Trust's annual financial filings, as reported. Each line keeps the name Piedmont Realty Trust gives it, and years follow its fiscal calendar.
Piedmont Realty Trust's revenue by segment goes back to fiscal 2018, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.