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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.
| Fiscal year / year | Washington 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 |
Rate Washington Reit's financial transparency
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%.
| Year | Washington Reit growth |
|---|---|
| 2016 | 2%↑ |
| 2017 | -11%↓ |
| 2018 | 4%↑ |
| 2019 | -39%↓ |
| 2020 | -0%↓ |
| 2021 | -4%↓ |
| 2022 | 24%↑ |
| 2023 | 9%↑ |
| 2024 | 6%↑ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 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 |
Do you work at Washington Reit?
Did Washington Reit meet its revenue projections?
| CEO | Paul T. McDermott |
| Company Type | Public |
| Employees Number | 50 |
| Headquarters | Washington, District of Columbia |
| Number of Locations | 3 |
| Revenue | $241.9M |
| Net Income | -$30,868,000 |
| Gross Proft | $144.4M (2024) |
| EBITDA | $167.8M (2017) |
| Tax Rate | 0.0% |
| Total Assets | $1,872,606,000 |
| Ticker | WRE |
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.