PGRE - NYSE

Paramount Group, Inc.

PGRE·NYSE

$6.60

+0.0000%

Real EstateREIT - Office

Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.46B

EPS-0.2100

P/E Ratio-31.43

Earnings Date02/26/2026

757.45M

Revenue

3Y+4.0%

5Y-2.0%

10Y+14.0%

-46.29M

Net Income

-82%

3Y+127.0%

5Y+56.0%

10Y+947.0%

264.93M

Operating Cash Flow

-5%

3Y+8.0%

5Y-7.0%

10Y-1661.0%

Paramount Group, Inc. Profit Bridge

PGRE · NYSE

Revenue & Cost of Sales

Revenue757.45M

Cost of Goods Sold (303.28M)

Gross Profit454.17M

Operating Expenses

Operating Expenses (305.88M)

Operating Income148.30M

Other Income & Taxes

Interest Expense (156.70M)

Other Income/Expense-184.63M

Pretax Income-36.34M

Income Tax (2.06M)

Net Income-46.29M

Net Income

-46.29M

Profitability Analysis

Gross Margin

60.0%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

19.6%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

-6.1%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Interest or tax burden: Strong operational performance but thin net margins indicate high interest expenses or unfavorable tax position eating into profits.

Paramount Group, Inc. Income Statement

PGRE • NYSE

Paramount Group, Inc. Income Statement	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011
REVENUE
Revenue	757.5M	742.8M	740.4M	726.8M	714.2M	769.2M	759M	719M	683.3M	662.4M	419.9M	58.7M	54.3M	57M
GROSS PROFIT
Cost of Revenue	(303.3M)	(544.6M)	(277.4M)	(265.4M)	(267.6M)	(274.8M)	(274.1M)	(266.1M)	(250M)	(244.8M)	(16.2M)	(16.2M)	(15.4M)	(14.7M)
Gross Profit	454.2M	198.2M	463M	461.3M	446.7M	494.3M	484.9M	452.8M	433.3M	417.7M	403.7M	42.5M	38.9M	42.3M
OPERATING INCOME
Operating Expenses	(305.9M)	(62M)	(292M)	(291.6M)	(300.1M)	(316.9M)	(315.8M)	(325M)	(320.1M)	(336.7M)	(33.5M)	(72.1M)	(62.6M)	(119.9M)
Selling, General & Administrative	(66.3M)	(62M)	(59.5M)	(59.1M)	(64.9M)	(68.6M)	(57.6M)	(59M)	(50.6M)	(42.1M)	(33.5M)	(56.9M)	(45.9M)	(103.9M)
Operating Income	148.3M	136.2M	171M	169.7M	121M	159M	121.6M	123.2M	107.9M	70.6M	331.6M	331.6M	168.8M	471.4M
PRE-TAX INCOME
Interest Expense	(156.7M)	(146.8M)	(143.9M)	(142M)	(134.9M)	(137.4M)	(136.6M)	(132.6M)	(150.9M)	(168.4M)	(0.0)	(29.4M)	(36.9M)	(34.2M)
Net Interest Income	-151.9M	-138.2M	-138.7M	-139M	-142.2M	-151.2M	-142.5M	-142.5M	-152.4M	-167.7M	0.0	-25.9M	-35M	-32.4M
Other Expenses	(239.5M)	(0.0)	(232.5M)	(232.5M)	(235.2M)	(248.3M)	(258.2M)	(266M)	(269.5M)	(294.6M)	(0.0)	(322K)	(16.7M)	(784K)
Total Other Income Expenses Net	-184.6M	-506.1M	-195.9M	-164M	-133.6M	-165.9M	-99.5M	-10.8M	-104.1M	-46.9M	-130.5M	-17.7M	-25.9M	9.1M
Income Before Tax	-36.3M	-369.9M	-24.9M	5.7M	-12.6M	-29.3M	22.1M	112.4M	3.9M	23.7M	313.9M	313.9M	146.7M	443.9M
NET INCOME
Income Tax Expense	(2.1M)	(1.4M)	(3.3M)	(3.6M)	(1.5M)	(312K)	(3.1M)	(5.2M)	(1.8M)	(2.6M)	-11M	(11M)	(7M)	(43M)
Net Income	-46.3M	-259.7M	-36.4M	-20.4M	-14.1M	-29.6M	9.1M	86.4M	-9.9M	-4.4M	324.9M	16.5M	2.3M	53.9M

SEC Filings

PGRE - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2025 N/A	December 19, 2025	December 19, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 16, 2025	December 16, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 10, 2025	December 08, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 08, 2025	December 08, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 29, 2025	October 29, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	October 29, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	September 17, 2025	September 17, 2025	2025	View Filing
8-K 8-K 2025 N/A	August 07, 2025	August 04, 2025	2025	View Filing
8-K 8-K 2025 N/A	July 30, 2025	July 30, 2025	2025	View Filing
10-Q 10-Q 2025 Q2 Q2	July 30, 2025	June 30, 2025	2025	View Filing

Showing 1 to 10 of 154 filings

Related Guides

Blog Categories

Continue your PGRE research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.