PDM Piedmont Office Realty Trust Inc

Price (delayed)

$10.12

Market cap

$1.25B

P/E Ratio

31.63

Dividend/share

$0.84

EPS

$0.32

Enterprise value

$3.38B

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
The company's gross profit rose by 7% YoY
Piedmont Office Realty Trust's revenue has increased by 6% YoY and by 2.4% QoQ
The stock's P/E is 41% above its 5-year quarterly average of 22.5
Piedmont Office Realty Trust's debt has increased by 29% YoY and by 28% QoQ

Key stats

What are the main financial stats of PDM
Market
Shares outstanding
123.4M
Market cap
$1.25B
Enterprise value
$3.38B
Valuations
Price to earnings (P/E)
31.63
Price to book (P/B)
0.7
Price to sales (P/S)
2.25
EV/EBIT
34.38
EV/EBITDA
10.93
EV/Sales
6.1
Earnings
Revenue
$554.72M
EBIT
$98.35M
EBITDA
$309.5M
Free cash flow
-$246.82M
Per share
EPS
$0.32
Free cash flow per share
-$2
Book value per share
$14.55
Revenue per share
$4.5
TBVPS
$33.12
Balance sheet
Total assets
$4.19B
Total liabilities
$2.39B
Debt
$2.15B
Equity
$1.8B
Working capital
N/A
Liquidity
Debt to equity
1.19
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
6.89
Margins
EBITDA margin
55.8%
Gross margin
59.9%
Net margin
7.1%
Operating margin
7.7%
Efficiency
Return on assets
1%
Return on equity
2.2%
Return on invested capital
1.8%
Return on capital employed
N/A
Return on sales
17.7%
Dividend
Dividend yield
8.3%
DPS
$0.84
Payout ratio
262.5%

PDM stock price

How has the Piedmont Office Realty Trust stock price performed over time
Intraday
-0.88%
1 week
-1.84%
1 month
-1.84%
1 year
-43.05%
YTD
-44.94%
QTD
-4.17%

Financial performance

How have Piedmont Office Realty Trust's revenue and profit performed over time
Revenue
$554.72M
Gross profit
$332.34M
Operating income
$42.48M
Net income
$39.51M
Gross margin
59.9%
Net margin
7.1%
The operating margin has declined by 50% year-on-year and by 4.9% since the previous quarter
The company's operating income fell by 47% YoY and by 2.7% QoQ
Piedmont Office Realty Trust's net margin has decreased by 30% YoY and by 19% QoQ
PDM's net income is down by 26% year-on-year and 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
P/E
31.63
P/B
0.7
P/S
2.25
EV/EBIT
34.38
EV/EBITDA
10.93
EV/Sales
6.1
The stock's P/E is 41% above its 5-year quarterly average of 22.5
PDM's EPS is down by 26% year-on-year and by 16% since the previous quarter
PDM's price to book (P/B) is 42% lower than its 5-year quarterly average of 1.2 and 30% lower than its last 4 quarters average of 1.0
Piedmont Office Realty Trust's equity has decreased by 3.4% YoY
The price to sales (P/S) is 46% lower than the 5-year quarterly average of 4.2 and 34% lower than the last 4 quarters average of 3.4
Piedmont Office Realty Trust's revenue has increased by 6% YoY and by 2.4% QoQ

Efficiency

How efficient is Piedmont Office Realty Trust business performance
Piedmont Office Realty Trust's return on assets has decreased by 29% YoY and by 23% QoQ
The ROE has contracted by 21% YoY and by 15% from the previous quarter
PDM's return on sales is down by 11% year-on-year and by 5% since the previous quarter
The ROIC has contracted by 10% YoY and by 5% from the previous quarter

Dividends

What is PDM's dividend history
DPS
$0.84
Dividend yield
8.3%
Payout ratio
262.5%
Recent dividends

Financial health

How did Piedmont Office Realty Trust financials performed over time
PDM's total assets is 75% higher than its total liabilities
The total liabilities has grown by 27% since the previous quarter and by 26% year-on-year
PDM's total assets is up by 13% QoQ and by 11% YoY
Piedmont Office Realty Trust's debt is 19% higher than its equity
Piedmont Office Realty Trust's debt to equity has increased by 32% YoY and by 29% QoQ
Piedmont Office Realty Trust's debt has increased by 29% YoY and by 28% QoQ

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