PDM Piedmont Office Realty Trust Inc

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

Price (delayed)

$13.45

Market cap

$1.66B

P/E Ratio

33.63

Dividend/share

$0.84

EPS

$0.4

Enterprise value

$3.32B

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 11% QoQ
The company's gross profit rose by 2.7% YoY
Piedmont Office Realty Trust's equity has decreased by 3% YoY but it has increased by 2.4% from the previous quarter
PDM's net income has dropped by 79% year-on-year
PDM's EPS has dropped by 78% year-on-year
Sector: Real Estate
Industry: REIT - Office
Website: http://www.piedmontreit.com
Peers: DRH OFC NNN AIV

Key stats

What are the main financial stats of PDM
Market
Shares outstanding
123.33M
Market cap
$1.66B
Enterprise value
$3.32B
Valuations
Price to earnings (P/E)
33.63
Price to book (P/B)
0.91
Price to sales (P/S)
3.09
EV/EBIT
32.52
EV/EBITDA
10.93
EV/Sales
6.2
Earnings
Revenue
$535.6M
EBIT
$102.08M
EBITDA
$303.74M
Free cash flow
$23.38M
Per share
EPS
$0.4
Free cash flow per share
$0.19
Book value per share
$14.84
Revenue per share
$4.35
TBVPS
$29.22
Balance sheet
Total assets
$3.7B
Total liabilities
$1.87B
Debt
$1.67B
Equity
$1.83B
Working capital
N/A
Liquidity
Debt to equity
0.91
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.47
Margins
EBITDA margin
56.7%
Gross margin
60.2%
Net margin
9.2%
Operating margin
7.8%
Efficiency
Return on assets
1.3%
Return on equity
2.7%
Return on invested capital
1.9%
Return on capital employed
N/A
Return on sales
19.1%
Dividend
Dividend yield
6.25%
DPS
$0.84
Payout ratio
210%

PDM stock price

How has the Piedmont Office Realty Trust stock price performed over time
Intraday
-1.1%
1 week
3.3%
1 month
-8.63%
1 year
-27.1%
YTD
-26.82%
QTD
-21.89%

Financial performance

How have Piedmont Office Realty Trust's revenue and profit performed over time
Revenue
$535.6M
Gross profit
$322.47M
Operating income
$41.52M
Net income
$49.47M
Gross margin
60.2%
Net margin
9.2%
Piedmont Office Realty Trust's net margin has shrunk by 79% YoY
PDM's net income has dropped by 79% year-on-year
The operating margin has dropped by 51% year-on-year but it has grown by 2.6% since the previous quarter
The company's operating income has shrunk by 51% YoY but it rose by 4% QoQ

Growth

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

Valuation

What is Piedmont Office Realty Trust stock price valuation
P/E
33.63
P/B
0.91
P/S
3.09
EV/EBIT
32.52
EV/EBITDA
10.93
EV/Sales
6.2
PDM's EPS has dropped by 78% year-on-year
The stock's P/E is 50% above its 5-year quarterly average of 22.6
PDM's price to book (P/B) is 29% lower than its 5-year quarterly average of 1.3 and 23% lower than its last 4 quarters average of 1.2
Piedmont Office Realty Trust's equity has decreased by 3% YoY but it has increased by 2.4% from the previous quarter
The price to sales (P/S) is 29% lower than the 5-year quarterly average of 4.4 and 25% lower than the last 4 quarters average of 4.2

Efficiency

How efficient is Piedmont Office Realty Trust business performance
The ROIC has soared by 111% from the previous quarter but it has plunged by 65% YoY
PDM's return on sales has surged by 101% since the previous quarter but it has dropped by 65% year-on-year
Piedmont Office Realty Trust's return on assets has shrunk by 79% YoY
The ROE has plunged by 78% YoY

Dividends

What is PDM's dividend history
Dividend details
DPS
$0.84
Dividend yield
6.25%
Payout ratio
210%
Recent dividends

Financial health

How did Piedmont Office Realty Trust financials performed over time
PDM's total assets is 98% higher than its total liabilities
The total liabilities has declined by 13% since the previous quarter
PDM's total assets is down by 6% QoQ
Piedmont Office Realty Trust's debt is 9% lower than its equity
Piedmont Office Realty Trust's debt to equity has decreased by 13% QoQ but it has increased by 3.4% YoY
Piedmont Office Realty Trust's debt has decreased by 11% QoQ

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