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.
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.
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.
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.
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.
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.
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.
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.
The current gross margin for PDM is 60.1% as of Sep 30, 2026.
As of Sep 30, 2026, PDM has an operating margin of 13.8%.
The current EBITDA margin for PDM is 47.9% as of Sep 30, 2026.
For the period ending Sep 30, 2026, PDM recorded a net margin of -15.2%.
Over the past 3 years, PDM reported average margins of 59.5% gross, 10.0% operating, 47.7% EBITDA, and -13.1% net.
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.
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.