Paramount Group, Inc. (PGRE) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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PGRE Revenue Growth
Revenue Breakdown (FY 2024)
PGRE's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
PGRE Revenue Analysis (2013–2024)
As of May 8, 2026, Paramount Group, Inc. (PGRE) generated trailing twelve-month (TTM) revenue of $723.3 million, reflecting significant decline in growth of -11.3% year-over-year. The most recent quarter (Q3 2025) recorded $173.0 million in revenue, down 2.3% sequentially.
Looking at the longer-term picture, PGRE's 5-year compound annual growth rate (CAGR) stands at -0.3%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $769.2 million in 2019.
Revenue diversification analysis shows PGRE's business is primarily driven by Asset Management Fees (40%), Property Management Fees (30%), and Acquisition Disposition Leasing And Other (29%).
When compared to Real Estate sector peers including SLG (+38.9% YoY), BXP (+2.2% YoY), and HIW (+0.4% YoY), PGRE has underperformed the peer group in terms of revenue growth. Compare PGRE vs SLG →
PGRE Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PGRECurrent | $723M | -11.3% | -0.3% | 19.6% | |
 SLG | $1.0B | +38.9% | -0.5% | 15.4% | |
 BXP | $3.5B | +2.2% | +4.7% | 55.7% | |
 HIW | $806M | +0.4% | +1.8% | 26.0% | |
 CUZ | $994M | +12.1% | +6.1% | 22.4% | |
 PDM | $565M | -25.7% | +1.1% | 14.1% |
PGRE Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $757.5M | +2.0% | $454.2M | 60.0% | $148.3M | 19.6% |
| 2023 | $742.8M | +0.3% | $198.2M | 26.7% | $136.2M | 18.3% |
| 2022 | $740.4M | +1.9% | $463.0M | 62.5% | $171.0M | 23.1% |
| 2021 | $726.8M | +1.8% | $461.3M | 63.5% | $169.7M | 23.4% |
| 2020 | $714.2M | -7.1% | $446.6M | 62.5% | $121.0M | 16.9% |
| 2019 | $769.2M | +1.3% | $494.3M | 64.3% | $159.0M | 20.7% |
| 2018 | $759.0M | +5.6% | $484.9M | 63.9% | $121.6M | 16.0% |
| 2017 | $719.0M | +5.2% | $452.8M | 63.0% | $123.2M | 17.1% |
| 2016 | $683.3M | +3.2% | $433.3M | 63.4% | $107.9M | 15.8% |
| 2015 | $662.4M | +57.8% | $417.7M | 63.1% | $70.6M | 10.7% |
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Start ComparisonPGRE — Frequently Asked Questions
Quick answers to the most common questions about buying PGRE stock.
Is PGRE's revenue growth accelerating or slowing?
PGRE revenue declined -11.3% year-over-year, contrasting with the 5-year CAGR of -0.3%. TTM revenue fell to $723M. This reverses the prior growth trend.
What is PGRE's long-term revenue growth rate?
Paramount Group, Inc.'s 5-year revenue CAGR of -0.3% reflects the variable expansion pattern. Current YoY growth of -11.3% is below this long-term average.
How is PGRE's revenue distributed by segment?
PGRE reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.