insiderdelta
CoverageForm 410-K10-Q8-K13D13G13F

PDM · Piedmont Office Realty Trust, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · PDM

1Y3Y5YMax
Sign in to download
AnnualQuarterly

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$564.99M$570.32M$577.76M$563.77M$528.71M$535.02M
Cost of Revenue------
Gross Profit------
R&D------
SG&A$30.59M$35.42M$29.19M$29.13M$30.25M$27.46M
Total Operating Expenses$485.55M$529.92M$529.94M$505.72M$488.79M$446.27M
D&A$181.16M$177.62M$179.40M$166.23M$149.24M$142.76M
Operating Income------
Interest Expense$128.00M$122.98M$101.26M$65.66M$51.29M$54.99M
Income Tax($1.0K)$2.0K($39.0K)($10.0K)($379.0K)$4.0K
Net Income($83.62M)($79.07M)($48.39M)$146.83M($1.15M)$232.69M
EPS - Basic($0.67)($0.64)($0.39)$1.19$1.85-
EPS - Diluted($0.67)($0.64)($0.39)$1.19$1.85-

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$731.0K$109.64M$825.0K$16.54M$7.42M$7.33M
Accounts Receivable------
Inventory------
Accounts Payable------
Current Assets------
Total Assets$4.03B$4.11B$4.06B$4.09B$3.93B$3.74B
Current Liabilities------
Long-term Debt$2.22B$2.22B$2.05B$1.98B--
Total Liabilities$2.53B$2.53B$2.33B$2.24B$2.14B$1.84B
Stockholders' Equity$1.50B$1.59B$1.72B$1.85B$1.79B$1.90B
Retained Earnings------

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$140.56M$198.11M$210.13M$215.22M$242.20M$193.28M
Investing Cash Flow($175.35M)($186.62M)($196.02M)($1.25M)($368.93M)($197.88M)
Financing Cash Flow($75.31M)$98.18M($29.50M)($203.23M)$126.38M($1.58M)
CapEx------
Free Cash Flow------

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin------
Operating margin------
EBITDA margin------
Net margin-14.8%-13.9%-8.4%26.0%-0.2%43.5%
Free cash flow margin------
FCF / Net income------
R&D / Revenue------
SG&A / Revenue5.4%6.2%5.1%5.2%5.7%5.1%
Effective tax rate----0.0%-0.0%
Return on assets-2.1%-1.9%-1.2%3.6%-0.0%6.2%
Return on equity-5.6%-5.0%-2.8%7.9%-0.1%12.3%
Return on invested capital------
Liquidity
Current ratio------
Quick ratio------
Cash ratio------
Leverage
Debt / Equity1.491.401.191.07--
Debt / Assets0.550.540.510.49--
Debt / EBITDA------
Interest coverage------
Equity multiplier2.702.592.362.212.201.97
Liabilities / Assets0.630.610.580.550.550.49
Efficiency
Asset turnover0.140.140.140.140.130.14
Inventory turnover------
Days sales outstanding------
Days inventory outstanding------
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E---7.7x9.9x-
P / B0.7x0.7x0.5x0.6x1.3x1.1x
P / S1.8x2.0x1.5x2.0x4.3x3.8x
EV / EBITDA------
Growth
Revenue growth (YoY)-0.9%-1.3%2.5%6.6%-1.2%0.3%
Revenue CAGR (3y)0.1%2.6%2.6%1.9%0.2%-2.3%
Revenue CAGR (5y)1.1%1.4%1.9%-0.4%-1.0%-1.8%
Gross profit growth (YoY)------
Operating income growth (YoY)------
Net income growth (YoY)-5.8%-63.4%---1.5%
EPS growth (YoY)-4.7%-64.1%--35.7%--
EPS CAGR (3y)------
EPS CAGR (5y)------
FCF growth (YoY)------
FCF CAGR (5y)------
Book value growth (YoY)-5.8%-7.8%-6.8%3.5%-5.8%4.3%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$544.90M total
Atlanta GA$180.00M · 33.0%
Dallas TX$102.29M · 18.8%
Orlando FL$65.82M · 12.1%
New York NY$58.50M · 10.7%
Northern Virginia Washington D.C.$51.67M · 9.5%
Minneapolis MN$45.19M · 8.3%
Boston MA$41.42M · 7.6%

Product / service

$27.01M total
Real Estate Other$26.66M · 98.7%
Management Service$348.0K · 1.3%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

4/9
Neutral
  • ✗Net income positive
  • ✓Operating cash flow positive
  • ✗ROA improved YoY
  • ✓Cash flow > net income
  • ✗Long-term debt decreased
  • -Current ratio improved
  • ✓No share dilution
  • -Gross margin improved
  • ✓Asset turnover improved

Peer comparison

Same SIC group: Opeators of Nonresidential Buildings

CompanyRevenue (last FY)Net marginROE
TPHS$3.54M158.2%254.6%
WE$3.25B-62.7%55.4%
SRC$709.63M40.2%6.3%
ZDPY---93.0%
GYRO---

Comparing Piedmont Office Realty Trust against the 5 most active filers in the same SIC group.

Dividends

$0.00/share trailing 12 months · -100.0% YoY

Ex-datePer share
Feb 21, 2025$0.1250
Nov 22, 2024$0.1250
Aug 23, 2024$0.1250
May 23, 2024$0.1250
Feb 22, 2024$0.1250
Nov 22, 2023$0.1250
Aug 24, 2023$0.1250
May 25, 2023$0.2100
Feb 23, 2023$0.2100
Nov 23, 2022$0.2100
Aug 25, 2022$0.2100
May 26, 2022$0.2100
Feb 24, 2022$0.2100
Nov 24, 2021$0.2100
Aug 26, 2021$0.2100
Jun 17, 2021$0.2100
May 27, 2021$0.2100
Feb 25, 2021$0.2100
Nov 25, 2020$0.2100
Aug 27, 2020$0.2100
May 28, 2020$0.2100
Feb 27, 2020$0.2100
Nov 27, 2019$0.2100
Aug 29, 2019$0.2100