PDM
Piedmont Office Realty Trust, Inc.
$8.20
+0.12
(+1.49%)
Mkt Cap
1.03B
Volume
442,336
52W Range
6.32-9.19
Sector
Real Estate
Beta
1.39
EPS (TTM)
-0.70
P/E Ratio
-12.41
Revenue (TTM)
565.60M
Rev Growth (5Y)
+1.1%
EPS Growth (5Y)
N/A
AlphaVal · Fair Value
$12.59
Undervalued · Moderate
34.9% below fair value
AlphaQuality · Grade · Gated
F
Real Estate Investment Trust
30.0 / 100 pillar composite (overridden)
Company Description
Piedmont Office Realty Trust, Inc. (NYSE: PDM) 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 markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody's (Baa2). At the end of the third quarter, approximately 63% of the company's portfolio was ENERGY STAR certified and approximately 41% was LEED certified.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 564.99M | 570.32M | 577.76M | 563.77M | 528.71M | 535.02M | 533.18M | 525.97M | 574.17M | 555.72M | 584.77M | 566.25M |
| Net Income | (83.60M) | (79.07M) | (48.39M) | 146.83M | (1.15M) | 232.69M | 229.26M | 130.30M | 133.56M | 107.89M | 172.99M | 43.35M |
| EPS | -0.67 | -0.64 | -0.39 | 1.19 | -0.01 | 1.85 | 1.32 | 1.03 | 0.94 | 0.74 | 1.19 | 0.28 |
| Free Cash Flow | (16.68M) | (14.00M) | 51.94M | 93.86M | 119.58M | 80.70M | 104.93M | 130.76M | 162.97M | 125.58M | N/A | N/A |
| FCF / Share | -0.13 | -0.11 | 0.42 | 0.76 | 0.96 | 0.64 | 0.83 | 1.04 | 1.14 | 0.86 | N/A | N/A |
| Operating CF | 140.56M | 198.11M | 210.13M | 215.22M | 242.20M | 193.28M | 208.48M | 202.87M | 242.81M | 235.81M | N/A | N/A |
| Total Assets | 4.03B | 4.11B | 4.06B | 4.09B | 3.93B | 3.74B | 3.52B | 3.59B | 4.00B | 4.45B | N/A | N/A |
| Total Debt | 2.27B | 2.51B | 2.10B | 2.04B | 1.88B | 1.63B | 1.49B | 1.69B | 1.73B | 2.02B | N/A | N/A |
| Cash & Equiv | 731,000 | 109.64M | 825,000 | 16.54M | 7.42M | 7.33M | 13.54M | 4.57M | 7.38M | 6.99M | N/A | N/A |
| Book Value | 1.50B | 1.59B | 1.72B | 1.85B | 1.79B | 1.90B | 1.82B | 1.71B | 1.98B | 2.18B | N/A | N/A |
| Return on Equity | -0.06 | -0.05 | -0.03 | 0.08 | -0.00 | 0.12 | 0.13 | 0.08 | 0.07 | 0.05 | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 143.29M | 142.85M | 139.16M | 140.29M | 142.69M | 143.23M | 139.29M | 143.26M | 144.54M | 145.33M | 146.99M | 143.07M |
| Net Income | (12.91M) | (43.24M) | (13.46M) | (16.81M) | (10.10M) | (29.98M) | (11.52M) | (9.81M) | (27.76M) | (28.03M) | (17.00M) | (1.99M) |
| EPS | -0.10 | -0.35 | -0.11 | -0.14 | -0.08 | -0.24 | -0.09 | -0.08 | -0.22 | -0.23 | -0.14 | -0.02 |
| Free Cash Flow | (10.17M) | 9.51M | 1.57M | 8.16M | (35.91M) | (7.08M) | (111,000) | 15.90M | (22.70M) | 4.80M | 23.57M | 19.35M |
| FCF / Share | -0.08 | 0.08 | 0.01 | 0.07 | -0.29 | -0.06 | -0.00 | 0.13 | -0.18 | 0.04 | 0.19 | 0.16 |
| Operating CF | 28.11M | 50.94M | 35.81M | 50.10M | 3.71M | 65.04M | 42.88M | 66.83M | 23.36M | 49.60M | 65.31M | 54.82M |
| Total Assets | 4.03B | 4.03B | 4.00B | 3.98B | 4.00B | 4.11B | 4.14B | 4.16B | 3.99B | 4.06B | 4.07B | 4.09B |
| Total Debt | 2.28B | 2.27B | 2.22B | 2.21B | 2.22B | 2.51B | 2.26B | 2.26B | 2.11B | 2.10B | 2.05B | 2.05B |
| Cash & Equiv | 2.28M | 731,000 | 2.99M | 3.31M | 2.91M | 109.64M | 133.62M | 138.45M | 3.54M | 825,000 | 5.04M | 5.17M |
| Book Value | 1.48B | 1.50B | 1.54B | 1.55B | 1.56B | 1.59B | 1.63B | 1.66B | 1.68B | 1.72B | 1.77B | 1.80B |
| Return on Equity | -0.01 | -0.03 | -0.01 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 | -0.02 | -0.02 | -0.01 | -0.00 |
PDM News
Piedmont Realty Trust, Inc. (PDM) Shareholder/Analyst Call Prepared Remarks Transcript
The Overlooked Trend That Could Supercharge REIT Dividends
Piedmont Realty Trust: The Dividend Probably Will Be Back Next Year
REITs Excel, Earnings Swell, Fed Rebels
Piedmont Realty Trust, Inc. (PDM) Q1 2026 Earnings Call Transcript
Piedmont Realty Trust (PDM) Q1 FFO Meet Estimates
Piedmont Realty Trust, Inc. Releases First Quarter 2026 Results
When No One Shows Up, Opportunity Does: The Office REIT Reset
Piedmont Realty Trust, Inc. to Report First Quarter 2026 Financial Results
Are Investors Undervaluing Piedmont Realty Trust, Inc. (PDM) Right Now?