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Washington Reit's revenue is $241.9 million.

What is Washington Reit's revenue?

Washington Reit's annual revenue is $241.9M. Zippia's data science team found the following key financial metrics about Washington Reit after extensive research and analysis.
  • Washington Reit's revenue growth from 2015 to 2024 is -21.05%.
  • Washington Reit has 50 employees, and the revenue per employee ratio is $4,838,700.
  • Washington Reit's peak quarterly revenue was $84.9M in 2018(q1).
  • Washington Reit peak revenue was $313.3M in 2016.
  • Washington Reit annual revenue for 2023 was 227.9M, 8.85% growth from 2022.
  • Washington Reit annual revenue for 2024 was 241.9M, 6.15% growth from 2023.

On this page

Most recent quarter revenue
$61.3M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$313.3M (2016)
Company peak revenue
Revenue / employee
$4.8M
Company revenue / employee

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Most recent quarter revenue
$61.3M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$313.3M (2016)
Company peak revenue
Revenue / employee
$4.8M
Company revenue / employee

Washington Reit historical revenue

Washington Reit's peak revenue was $313.3M in 2016. The peak quarterly revenue was $84.9M in 2018(q1).

Washington Reit's revenue increased from $306.4m in 2015 to $241.9M currently. That's a -21.05% change in annual revenue.

Washington Reit annual revenue

$242M
$194M
$145M
$97M
$48M
$0
2019
2020
2021
2022
2023
2024

Washington Reit annual revenue over time

Fiscal year / yearWashington Reit revenue
2015$306.4M
2016$313.3M
2017$280.3M
2018$291.7M
2019$176.7M
2020$176.0M
2021$169.2M
2022$209.4M
2023$227.9M
2024$241.9M

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Washington Reit annual growth

Washington Reit saw the greatest revenue growth in 2022, when revenue increased by 23.78%.

Washington Reit had the lowest revenue growth in 2019, when revenue changed by -39.41%.

Washington Reit annual growth rate over time

YearWashington Reit growth
2016
2%
2017
-11%
2018
4%
2019
-39%
2020
-0%
2021
-4%
2022
24%
2023
9%
2024
6%

Washington Reit quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$77M
$61M
$46M
$31M
$15M
$0
2020
2021
2022
2023
2024

Washington Reit quarterly growth rate over time

YearQ1Q2Q3Q4
2017---$36.5M
2018$84.9M$75.3M$71.0M$71.7M
2019$71.4M$76.8M$80.3M($51.8M)
2020$76.8M$43.8M$43.7M$42.8M
2021$40.6M$41.3M$42.5M$44.7M
2022$47.8M$51.4M$54.6M$55.6M
2023$55.8M$56.6M$56.7M$58.9M
2024$59.5M$60.1M$61.1M$61.3M

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Washington Reit financial information

CEOPaul T. McDermott
Company TypePublic
Employees Number50
HeadquartersWashington, District of Columbia
Number of Locations3
Revenue$241.9M
Net Income-$30,868,000
Gross Proft$144.4M (2024)
EBITDA$167.8M (2017)
Tax Rate0.0%
Total Assets$1,872,606,000
TickerWRE

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Zippia gives an in-depth look into the details of Washington Reit, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Washington Reit. The employee data is based on information from people who have self-reported their past or current employments at Washington Reit. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Washington Reit. The data presented on this page does not represent the view of Washington Reit and its employees or that of Zippia.

Washington Reit may also be known as or be related to Washington Real Est Investment, Washington Real Estate Investment Trust and Washington Reit.