PDM Piedmont Office Realty Trust Inc

  1. Stocks
  2. Real Estate
  3. NYSE: PDM

Price (delayed)

$6.55

Market cap

$810.32M

P/E Ratio

14.89

Dividend/share

$0.67

EPS

$0.44

Enterprise value

$2.85B

Piedmont Office Realty Trust, Inc. is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office ...

Highlights
Piedmont Office Realty Trust's debt has decreased by 4.4% YoY
Piedmont Office Realty Trust's revenue has increased by 4.5% YoY
PDM's net income is up by 40% year-on-year but it is down by 27% since the previous quarter
The stock's P/E is 39% above its last 4 quarters average of 10.7 but 24% below its 5-year quarterly average of 19.7
Sector: Real Estate
Industry: REIT - Office
Website: http://www.piedmontreit.com
Peers: EDR AIV PEB KRC

Key stats

What are the main financial stats of PDM
Market
Shares outstanding
123.71M
Market cap
$810.32M
Enterprise value
$2.85B
Valuations
Price to earnings (P/E)
14.89
Price to book (P/B)
0.46
Price to sales (P/S)
1.4
EV/EBIT
19.15
EV/EBITDA
7.68
EV/Sales
4.92
Earnings
Revenue
$579.63M
EBIT
$148.78M
EBITDA
$371.21M
Free cash flow
$226.3M
Per share
EPS
$0.44
Free cash flow per share
$1.83
Book value per share
$14.27
Revenue per share
$4.69
TBVPS
$32.35
Balance sheet
Total assets
$4.07B
Total liabilities
$2.31B
Debt
$2.05B
Equity
$1.77B
Working capital
N/A
Liquidity
Debt to equity
1.16
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.49
Margins
EBITDA margin
64%
Gross margin
59.3%
Net margin
9.5%
Operating margin
7.7%
Efficiency
Return on assets
1.3%
Return on equity
3.1%
Return on invested capital
2.5%
Return on capital employed
N/A
Return on sales
25.7%
Dividend
Dividend yield
10.23%
DPS
$0.67
Payout ratio
152.3%

PDM stock price

How has the Piedmont Office Realty Trust stock price performed over time
Intraday
-0.15%
1 week
4.97%
1 month
8.44%
1 year
-27.94%
YTD
-28.57%
QTD
16.55%

Financial performance

How have Piedmont Office Realty Trust's revenue and profit performed over time
Revenue
$579.63M
Gross profit
$343.86M
Operating income
$44.35M
Net income
$55.21M
Gross margin
59.3%
Net margin
9.5%
PDM's net income is up by 40% year-on-year but it is down by 27% since the previous quarter
Piedmont Office Realty Trust's net margin has increased by 34% YoY but it has decreased by 27% QoQ
The company's operating income fell by 18% QoQ but it rose by 4.4% YoY
The operating margin has declined by 17% since the previous quarter

Growth

What is Piedmont Office Realty Trust's growth rate over time

Valuation

What is Piedmont Office Realty Trust stock price valuation
PDM P/E details
P/E
14.89
P/B
0.46
P/S
1.4
EV/EBIT
19.15
EV/EBITDA
7.68
EV/Sales
4.92
The stock's P/E is 39% above its last 4 quarters average of 10.7 but 24% below its 5-year quarterly average of 19.7
PDM's EPS is up by 38% year-on-year but it is down by 28% since the previous quarter
PDM's price to book (P/B) is 58% lower than its 5-year quarterly average of 1.1 and 8% lower than its last 4 quarters average of 0.5
The price to sales (P/S) is 61% lower than the 5-year quarterly average of 3.6 and 13% lower than the last 4 quarters average of 1.6
Piedmont Office Realty Trust's revenue has increased by 4.5% YoY

Efficiency

How efficient is Piedmont Office Realty Trust business performance
PDM's return on sales is up by 45% year-on-year but it is down by 7% since the previous quarter
The ROE has grown by 41% YoY but it has contracted by 26% from the previous quarter
The ROIC has grown by 39% YoY but it has contracted by 3.8% from the previous quarter
Piedmont Office Realty Trust's return on assets has increased by 30% YoY but it has decreased by 28% QoQ

Dividends

What is PDM's dividend history
Dividend details
DPS
$0.67
Dividend yield
10.23%
Payout ratio
152.3%
Recent dividends

Financial health

How did Piedmont Office Realty Trust financials performed over time
PDM's total assets is 77% higher than its total liabilities
PDM's total assets is down by 2.7% YoY
The total liabilities has declined by 3.4% year-on-year
Piedmont Office Realty Trust's debt is 16% higher than its equity
Piedmont Office Realty Trust's debt has decreased by 4.4% YoY
Piedmont Office Realty Trust's debt to equity has decreased by 2.5% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.