Piedmont Office Realty Trust, Inc. logo PDM - Piedmont Office Realty Trust, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 3
HOLD 7
SELL 1
STRONG
SELL
0
| PRICE TARGET: $10.00 DETAILS
HIGH: $10.00
LOW: $10.00
MEDIAN: $10.00
CONSENSUS: $10.00
UPSIDE: 21.95%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue
Revenue 565.0 570.3 577.8 563.8 528.7 535.0 533.2 526.0 574.2 555.7 584.8 566.3 554.5 536.4 541.6 588.8 604.9 622.0 593.2 579.3 564.0 622.1 377.6 124.4
Cost of Revenue 682.0 234.1 235.1 226.1 210.9 214.9 211.4 209.3 220.6 218.9 242 239.4 223.0 212.9 208.7 217.9 229.8 221.3 212.2 227.0 214.6 186.2 110.3 24.8
Gross Profit (117.1) 336.2 342.7 337.7 317.8 320.1 321.8 316.6 353.5 336.8 342.8 326.8 331.5 323.4 332.9 371.0 375.1 400.7 381.1 352.3 349.4 435.9 267.3 99.6
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 30.6 35.4 29.2 29.1 30.3 27.5 34.7 29.7 31.1 29.2 30.4 23.8 21.9 20.8 24.8 29.2 28.3 35.0 41.8 20.9 18.5 44.1 24.2 9.9
Other Expenses (227.1) 226.5 236.2 224.6 206.6 203.9 0 1.6 0.7 (0.0) 1.6 0.1 168.2 (5.2) 184.6 178.1 191.6 196.8 212.7 186.5 169.5 164.5 117.5 38.3
Operating Expenses (196.5) 262.0 265.4 253.7 236.9 231.3 34.7 201.0 225.8 232.1 225.8 219.0 190.1 183.7 184.6 178.1 191.6 196.8 212.7 186.5 169.5 208.6 141.7 48.2
Operating Income
Operating Income 79.4 74.2 77.3 84.0 80.9 88.8 287.1 115.7 81.3 73.8 76.8 107.8 140.2 139.8 148.4 192.9 183.4 203.9 168.4 165.8 179.9 227.2 125.6 51.4
Interest Expense 128.0 123.0 101.3 65.7 51.3 55.0 61.6 61.0 68.1 64.9 74.0 74.4 75.9 65.0 65.8 72.8 77.7 74.8 63.9 61.3 49.3 42.7 (18.5) (4.6)
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 2.4 0 2.8 3.5 4.5 3.7 4.6 2.5 5.8 0 0 0
Profitability
EBITDA 271.5 252.1 289.1 437.0 256.7 292.6 216.4 288.6 396.3 307.9 312.0 303.0 236.1 285.7 250.3 321.1 269.1 366.0 342.7 329.4 337.2 349.3 219.6 95.2
EBIT 44.4 74.2 52.9 212.5 50.1 88.8 104.4 191.3 201.7 71.2 116.6 114.5 67.8 124.6 82.6 173.3 105.7 204.2 168.4 161.9 179.9 186.7 100.3 53.8
Income Before Tax (83.6) (79.1) (48.4) 146.8 (1.2) 232.7 229.4 54.6 17.7 9.3 4.7 40.1 71.5 63.8 89.5 126.2 74.7 131.3 133.6 133.3 329.1 198 118.8 58.4
Income Tax Expense 0 0 0 0 0 0 0.2 (0.0) (43.3) (33.4) (92.2) 0 45.0 36.6 (68.1) 82.3 108.8 72.8 38.6 34.7 (134.4) 13.5 (25.3) 2.4
Net Income (83.6) (79.1) (48.4) 146.8 (1.2) 232.7 229.3 130.3 133.6 107.9 173.0 43.3 98.7 93.2 225.0 120.4 74.7 131.3 133.6 133.3 329.1 209.7 120.7 59.9
Per Share Data
EPS (Basic) -0.67 -0.64 -0.39 1.19 -0.01 1.85 1.32 1.03 0.94 0.74 1.19 0.28 0.63 0.56 1.30 0.71 0.47 0.28 0.28 0.29 0.71 1.35 0.39 1.24
EPS (Diluted) -0.67 -0.64 -0.39 1.19 -0.01 1.85 1.32 1.00 0.92 0.74 1.15 0.28 0.60 0.55 1.30 0.70 0.47 0.28 0.28 0.29 0.71 1.35 0.39 1.24
Shares Outstanding 124.4 123.9 123.7 123.4 124.0 125.7 125.7 126.2 142.4 145.2 145.5 154.3 157.5 167.6 172.8 170.8 158.9 476.5 482.1 461.7 466.3 155.4 306.8 48.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002
Current Assets
Cash & Cash Equivalents 0.7 109.6 0.8 16.5 7.4 7.3 13.5 4.6 7.4 7.0 10.0 20.3 51.1 64.5 45.5
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 220.4 199.3 190.8 176.8 165.6 157.2 140.6 147.6 156.6 192.3 128.4 174.4 94.7 59.2 2.1
Inventory 0 0 0 3.1 0 0 0 (23.9) (21.1) (22.4) 0 0 0 0 0
Other Current Assets 3.1 4.2 42.8 17.2 128.3 147.9 55.5 38.0 64.9 0 0 0 4,664.1 4,575.9 0
Total Current Assets 224.2 313.2 234.4 213.5 301.4 312.5 209.6 200.2 231.2 200.5 219.7 216.5 4,809.9 4,699.6 45.5
Non-Current Assets
Property, Plant & Equipment 3,377.3 0 0 3,386.2 3,087.0 2,905.0 2,728.4 2,607.8 2,745.5 3,019.3 3,667.3 3,908.1 4,294.4 4,135.8 0
Goodwill 53.5 53.5 53.5 82.9 98.9 98.9 98.9 98.9 98.9 180.1 180.1 180.4 0 0 0
Intangible Assets 118.2 0 0 114.4 94.4 90.6 74.4 77.7 77.8 99.7 96.3 0 313.8 297.6 12.1
Long-Term Investments 3,421.7 0 0 4.2 0 0 0 (6,200.3) 0.0 7.4 43.9 48.2 158.5 167.3 0
Other Non-Current Assets (3,163.6) 3,748.0 3,769.2 3,674.7 348.9 332.8 405.4 3,215.6 (3,153.4) (3,425.8) 91.8 204.1 (4,452.9) (4,375.0) 0
Total Non-Current Assets 3,807.1 3,801.5 3,822.7 3,872.0 3,629.3 3,427.3 3,307.2 3,392.2 3,768.8 4,248.8 4,175.6 4,340.8 313.8 225.7 12.1
Total Assets 4,031.4 4,114.7 4,057.1 4,085.5 3,930.7 3,739.8 3,516.8 3,592.4 4,000.0 4,449.3 4,395.3 4,557.3 5,123.7 4,925.3 57.5
Current Liabilities
Account Payables 172.9 149.0 131.5 110.3 114.5 111.2 115.9 93.7 114.9 165.4 97.7 111.4 0 32.5 24.6
Short-Term Debt 0.1 250 50.2 0 0 27.9 0 0 0 140.8 1,516.5 1,523.6 0 0 248.2
Deferred Revenue 0 107.0 89.9 60.0 0 0 0 28.8 29.6 28.4 34.5 24.9 32.5 28.0 11.6
Other Current Liabilities (60.9) (250) 0 0 26.0 25.7 34.1 8.8 23 (306.2) 0 0 286.8 289.9 0
Total Current Liabilities 112.1 271.4 286.7 195.6 140.5 165.6 150.6 158.3 246.2 193.8 1,614.3 1,635.0 320.7 350.4 284.4
Non-Current Liabilities
Long-Term Debt 2,249.5 2,222.3 2,004.4 1,983.7 1,882.7 1,603.9 1,486.5 1,480.5 1,726.9 1,879.6 0 0 888.6 612.5 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 (27.9) (27.7) (20.2) 0 0 0 0 0
Other Non-Current Liabilities 148.2 0.0 0 0 120.0 72.3 60.7 208.2 5.3 12.8 139.7 195.1 (58.4) 0 0
Total Non-Current Liabilities 2,422.5 2,255.1 2,047.4 2,040.6 2,002.7 1,676.2 1,547.2 1,722.0 1,767.2 2,076.6 174.2 220 890.2 612.5 0
Total Liabilities 2,534.7 2,526.5 2,334.1 2,236.3 2,143.2 1,841.8 1,697.8 1,880.3 2,013.5 2,270.5 1,788.5 1,855.0 1,210.9 962.9 393.6
Stockholders' Equity
Common Stock 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.4 1.5 1.6 4.8 4.7 4.7 0
Retained Earnings (2,227.3) (2,128.2) (1,987.1) (1,855.9) 0 0 0 (1,982.5) (1,702.3) (1,499.7) (798.6) (674.3) (295.9) (180.3) 0
Accumulated Other Comprehensive Income (9.0) (10.1) 0 (8.7) (1,917.2) (1,799.0) (1,870.4) 8.5 8.2 2.1 (802.4) (9.0) 0.2 0 0
Total Stockholders' Equity 1,495.2 1,586.6 1,721.4 1,847.7 1,785.8 1,896.3 1,817.2 1,710.4 1,984.7 2,177 2,601.2 2,697.0 3,912.8 3,962.4 1,836.0
Total Liabilities & Equity 4,031.4 4,114.7 4,057.1 4,085.5 3,930.7 3,739.8 3,516.8 3,592.4 4,000.0 4,449.3 4,395.3 4,557.3 5,123.7 4,925.3 57.5
Debt Metrics
Total Debt 2,274.4 2,505.1 2,097.5 2,040.6 1,882.7 1,631.8 1,486.5 1,685.5 1,726.9 2,020.5 1,516.5 1,523.6 954.7 677 248.2
Net Debt 2,273.6 2,395.5 2,093.3 2,024.1 1,875.3 1,624.5 1,473.0 1,680.9 1,719.5 2,013.5 1,506.5 1,503.3 903.6 612.5 202.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002
Operating Activities
Net Income (83.6) (79.1) (48.4) 146.8 (1.2) 232.7 229.3 130.3 133.5 107.9 329.1 209.7 120.7 59.9
Depreciation & Amortization 0 227.7 226.8 215.4 199.3 195.1 177.6 166.3 193.2 202.1 157.3 161.4 117.4 39.9
Stock-Based Compensation 7.4 9.6 8.1 9.0 11.0 9.7 15.4 9.7 9.2 7.9 0 0 0 0
Change in Working Capital (53.5) 5.2 (9.1) (31.0) (10.6) (45.5) (25.9) (29.2) (21.5) (16.4) (47.1) 140.0 4,588.1 17.3
Other Non-Cash Items 270.3 34.7 32.7 (125.0) 3.3 2.1 0.1 (0.2) 1.6 1.7 (168.4) (182.2) (4,579.0) (5.1)
Operating Cash Flow 140.6 198.1 210.1 215.2 242.2 193.3 208.5 202.9 242.8 235.8 270.9 328.9 247.2 112
Investing Activities
Capital Expenditure (157.2) (212.1) (158.2) (121.4) (122.6) (112.6) (103.6) (72.1) (79.8) (110.2) 0 0 0 0
Acquisitions 0 0 0 0 0 0 0 0 12.3 0 41.3 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 (3.2) (1.2) 0 (54.4) 0 0 0
Sales/Maturities of Investments 0 0 0 415.9 0 360.1 589.8 578.4 79.8 365.9 0 0 0 0
Other Investing Activities (175.3) (186.6) (37.8) (295.8) (246.3) (445.4) (351.8) 395.9 229.4 (9.6) 704.8 (252.7) (2,217.4) (1,369.9)
Investing Cash Flow (175.3) (186.6) (196.0) (1.2) (368.9) (197.9) 134.4 323.8 240.6 (119.9) 691.7 (252.7) (2,217.4) (1,369.9)
Financing Activities
Net Debt Issuance (39.9) 164.4 67.7 (93.6) 254.0 138.8 (206.0) (43.4) (296.4) (12.1) 146.7 194.9 0 0
Stock Repurchased (2.3) (1.8) (1.8) (3.9) (19.5) (30.0) (16.9) (298.5) (60.5) (7.9) (215.0) (109.6) 2,493.5 1,324.9
Dividends Paid (30.9) (61.9) (93.1) (104.4) (103.9) (106.3) (106.4) (184.1) (122.3) (91.6) (294.6) (326.4) 0 0
Other Financing Activities (2.3) (2.6) (2.3) (1.3) (4.2) (4.1) (4.2) (3.3) (3.7) (2.7) (757.8) (43.3) 1,989.2 1,227.8
Financing Cash Flow (75.3) 98.2 (29.5) (203.2) 126.4 (1.6) (333.5) (529.4) (482.9) (114.4) (953.3) (89.5) 1,989.2 1,227.8
Cash Position
Net Change in Cash (110.1) 109.7 (15.4) 10.7 (0.4) (6.2) 9.4 (2.7) 0.6 1.6 9.3 (13.3) 19 (30.1)
Cash at Beginning 113.9 4.2 19.6 8.9 9.2 15.4 6.0 8.8 8.2 5.4 39.7 64.5 0 4.6
Cash at End 3.8 113.9 4.2 19.6 8.9 9.2 15.4 6.0 8.8 7.0 49.0 51.2 19 (25.5)
Free Cash Flow (16.7) (14.0) 51.9 93.9 119.6 80.7 104.9 130.8 163.0 125.6 270.9 328.9 247.2 112
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Income Statement
Revenue 565.0 570.3 577.8 563.8 528.7 535.0 533.2 526.0 574.2 555.7 584.8 566.3 554.5 536.4 541.6 588.8 604.9 622.0 593.2 579.3 564.0 622.1 377.6 124.4
Gross Profit (117.1) 336.2 342.7 337.7 317.8 320.1 321.8 316.6 353.5 336.8 342.8 326.8 331.5 323.4 332.9 371.0 375.1 400.7 381.1 352.3 349.4 435.9 267.3 99.6
Operating Income 79.4 74.2 77.3 84.0 80.9 88.8 287.1 115.7 81.3 73.8 76.8 107.8 140.2 139.8 148.4 192.9 183.4 203.9 168.4 165.8 179.9 227.2 125.6 51.4
Net Income (83.6) (79.1) (48.4) 146.8 (1.2) 232.7 229.3 130.3 133.6 107.9 173.0 43.3 98.7 93.2 225.0 120.4 74.7 131.3 133.6 133.3 329.1 209.7 120.7 59.9
EPS (Diluted) -0.67 -0.64 -0.39 1.19 -0.01 1.85 1.32 1.00 0.92 0.74 1.15 0.28 0.60 0.55 1.30 0.70 0.47 0.28 0.28 0.29 0.71 1.35 0.39 1.24
Balance Sheet
Cash & Equivalents 0.7 109.6 0.8 16.5 7.4 7.3 13.5 4.6 7.4 7.0 10.0 20.3 51.1 64.5 45.5
Total Assets 4,031.4 4,114.7 4,057.1 4,085.5 3,930.7 3,739.8 3,516.8 3,592.4 4,000.0 4,449.3 4,395.3 4,557.3 5,123.7 4,925.3 57.5
Total Debt 2,274.4 2,505.1 2,097.5 2,040.6 1,882.7 1,631.8 1,486.5 1,685.5 1,726.9 2,020.5 1,516.5 1,523.6 954.7 677 248.2
Stockholders' Equity 1,495.2 1,586.6 1,721.4 1,847.7 1,785.8 1,896.3 1,817.2 1,710.4 1,984.7 2,177 2,601.2 2,697.0 3,912.8 3,962.4 1,836.0
Cash Flow
Operating Cash Flow 140.6 198.1 210.1 215.2 242.2 193.3 208.5 202.9 242.8 235.8 270.9 328.9 247.2 112
Capital Expenditure (157.2) (212.1) (158.2) (121.4) (122.6) (112.6) (103.6) (72.1) (79.8) (110.2) 0 0 0 0
Free Cash Flow (16.7) (14.0) 51.9 93.9 119.6 80.7 104.9 130.8 163.0 125.6 270.9 328.9 247.2 112