PDM Piedmont Office Realty Trust margins

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Relative Growth: Rel. Growth: 15
Relative Strength: Rel. Strength: 75
Relative Valuation: Rel. Valuation: 34
Relative Profitability: Rel. Profitability: 41
Gross margin
60.1%
Operating margin
13.8%
EBITDA margin
47.9%
Net margin
-15.2%

Piedmont Office Realty Trust shows its net margin is negative at -15.2%, with a gross margin of 60.1%, an operating margin of 13.8%, an EBITDA margin of 47.9%, and a net margin of -15.2%. Margin expansion was strongest in operating margin, which gained by 3.1 percentage points. Net margin had the strongest contraction, dropping by 2.8 percentage points.

PDM margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Piedmont Office Realty Trust recorded average margins of 59.45% gross, 9.98% operating, 47.72% EBITDA, and -13.14% net. Piedmont Office Realty Trust's current performance shows that gross, operating, and EBITDA margins are above their three-year averages and net margin is below its three-year average.

PDM margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 0.4 percentage points and operating margin by 3.1 percentage points, whereas EBITDA margin contracted by 1.4 percentage points and net margin by 2.8 percentage points.

Gross margin expansion
0.4pp
Operating margin expansion
3.1pp
EBITDA margin expansion
-1.4pp
Net margin expansion
-2.8pp

PDM Gross margin

Across the last 3 years, Piedmont Office Realty Trust's gross margin came to 59.45%. Right now, Piedmont Office Realty Trust's current gross margin is 60.1%, which is 0.7 percentage points above its three-year average. Gross margin was highest at 60.1% in Sep 2026 and lowest at 58.9% in Dec 2024.

PDM Operating margin

Piedmont Office Realty Trust's operating margin averaged 9.98% during the last 3 years. Compared with its three-year average, Piedmont Office Realty Trust's current operating margin is 13.8% and is 3.8 percentage points above its three-year average. Over the last 3 years, Piedmont Office Realty Trust's operating margin peaked at 14.1% in Dec 2025 and reached a low of 5.3% in Mar 2024.

PDM EBITDA margin

Piedmont Office Realty Trust recorded an average EBITDA margin of 47.72% across the last 3 years. Piedmont Office Realty Trust currently reports an EBITDA margin of 47.9%, 0.2 percentage points above its three-year average. Over the last 3 years, Piedmont Office Realty Trust's EBITDA margin peaked at 50% in Mar 2025 and reached a low of 44.6% in Jun 2024.

PDM Net margin

Over the last 3 years, Piedmont Office Realty Trust's net margin averaged -13.14%. Currently, Piedmont Office Realty Trust's current net margin is -15.2%, which is 2.1 percentage points below its three-year average. During this period, net margin reached a high of -8.4% in Dec 2023 and a low of -15.3% in Mar 2026.

PDM margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 60.1%, PDM stands lower than the Real Estate sector and the industry average. But when looking at the Real Estate sector average of 60.8%, Piedmont Office Realty Trust's gross margin is only 1.2% lower.

PDM margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Piedmont Office Realty Trust's gross margin?

The current gross margin for PDM is 60.1% as of Sep 30, 2026.

What is Piedmont Office Realty Trust's operating margin?

As of Sep 30, 2026, PDM has an operating margin of 13.8%.

What is Piedmont Office Realty Trust's EBITDA margin?

The current EBITDA margin for PDM is 47.9% as of Sep 30, 2026.

What is Piedmont Office Realty Trust's net margin?

For the period ending Sep 30, 2026, PDM recorded a net margin of -15.2%.

What are the average margins of PDM?

Over the past 3 years, PDM reported average margins of 59.5% gross, 10.0% operating, 47.7% EBITDA, and -13.1% net.

What are the highest historical margins of PDM?

Looking back across 5 years, PDM reached 60.3% gross in Jun 2022, 14.1% operating in Dec 2025, 75.9% EBITDA in Dec 2022, and 26% net in Dec 2022.

What are the lowest historical margins of PDM?

Within the 5-year period, PDM recorded its lowest margins at 58.9% gross in Dec 2024, 5.3% operating in Mar 2024, 44.6% EBITDA in Jun 2024, and -15.3% net in Mar 2026.