Piedmont Financial Statements From 2010 to 2025

PDM Stock  USD 7.52  0.03  0.40%   
Piedmont Office's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Piedmont Office's valuation are provided below:
Gross Profit
335.9 M
Profit Margin
(0.12)
Market Capitalization
940 M
Enterprise Value Revenue
5.5582
Revenue
565.5 M
There are over one hundred nineteen available trending fundamental ratios for Piedmont Office Realty, which can be analyzed over time and compared to other ratios. Self-guided Investors are advised to check out Piedmont Office's recent fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 11th of August 2025, Enterprise Value is likely to grow to about 5.3 B, while Market Cap is likely to drop about 961 M.

Piedmont Office Total Revenue

594.22 Million

Check Piedmont Office financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Piedmont Office's main balance sheet or income statement drivers, such as Depreciation And Amortization of 264.2 M, Interest Expense of 70.4 M or Selling General Administrative of 30.5 M, as well as many indicators such as Price To Sales Ratio of 1.89, Dividend Yield of 0.0472 or PTB Ratio of 0.68. Piedmont financial statements analysis is a perfect complement when working with Piedmont Office Valuation or Volatility modules.
  
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Check out the analysis of Piedmont Office Correlation against competitors.

Piedmont Office Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets4.5 B4.1 B3.9 B
Pretty Stable
Short and Long Term Debt Total1.8 B2.3 B1.9 B
Slightly volatile
Total Current Liabilities422.5 M521.4 M292.8 M
Pretty Stable
Total Stockholder Equity1.9 B1.6 BB
Slightly volatile
Current Deferred Revenue112.4 M107 M46.3 M
Slightly volatile
Net Debt1.7 B2.1 B1.7 B
Slightly volatile
Accounts Payable121.4 M149 M127.1 M
Pretty Stable
Cash115.1 M109.6 M32 M
Very volatile
Non Current Assets Total3.9 B3.8 B3.7 B
Pretty Stable
Cash And Short Term Investments115.1 M109.6 M32 M
Very volatile
Net Receivables172.2 M199.3 M178.2 M
Slightly volatile
Good Will45.7 M48.1 M113.6 M
Slightly volatile
Common Stock Shares Outstanding163.8 M123.9 M137.2 M
Very volatile
Liabilities And Stockholders Equity4.5 B4.1 B3.9 B
Pretty Stable
Other Stockholder Equity1.5 B1.6 B3.3 B
Pretty Stable
Total LiabilitiesB2.5 BB
Slightly volatile
Total Current Assets487.7 M313.2 M233.1 M
Slightly volatile
Short Term Debt413.4 M253.3 M257.9 M
Pretty Stable
Intangible Assets93.8 M60.5 M78 M
Slightly volatile
Other Liabilities76.1 M93.9 M84.4 M
Very volatile
Property Plant And Equipment Net2.8 B3.1 B3.2 B
Slightly volatile
Other Assets3.2 BBB
Slightly volatile
Long Term Debt1.7 BB1.7 B
Slightly volatile
Common Stock Total EquityM1.1 M1.6 M
Slightly volatile
Non Current Liabilities Total1.5 B2.4 B1.7 B
Slightly volatile
Property Plant And Equipment Gross3.1 B3.3 B3.6 B
Slightly volatile
Common Stock1.9 M1.2 M1.6 M
Slightly volatile
Net Tangible Assets1.6 B1.6 BB
Slightly volatile
Short Term Investments2.1 M2.7 M3.3 M
Pretty Stable
Long Term Debt TotalB2.2 B1.8 B
Slightly volatile
Capital Surpluse4.1 B3.7 B3.7 B
Slightly volatile
Deferred Long Term Liabilities343.2 M326.9 M168.8 M
Slightly volatile
Long Term Investments3.6 M3.8 M17.9 M
Slightly volatile
Non Current Liabilities Other55.9 M49.4 M50.4 M
Slightly volatile
Property Plant Equipment2.7 B3.4 B3.4 B
Slightly volatile
Short and Long Term Debt431.5 M250 M262.4 M
Pretty Stable
Capital Lease Obligations32.7 M32.8 M42.9 M
Slightly volatile
Cash And Equivalents115.1 M109.6 M20.7 M
Slightly volatile
Net Invested CapitalB3.8 B3.7 B
Pretty Stable
Capital Stock994.4 K1.2 M1.2 M
Slightly volatile

Piedmont Office Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization264.2 M220.9 M283.6 M
Slightly volatile
Interest Expense70.4 M123 M67.6 M
Slightly volatile
Selling General Administrative30.5 M35.4 M27.6 M
Slightly volatile
Total Revenue594.2 M570.3 M529.2 M
Slightly volatile
Gross Profit366.9 M336.2 M319.1 M
Slightly volatile
Other Operating Expenses454.1 M496.1 M427.7 M
Slightly volatile
Operating Income100.7 M74.2 M96.8 M
Slightly volatile
EBITDA322.3 M270.5 M282.9 M
Pretty Stable
Cost Of Revenue227.3 M234.1 M210.1 M
Slightly volatile
Total Operating Expenses226.8 M262 M217.8 M
Slightly volatile
Selling And Marketing Expenses2.2 M2.3 MM
Slightly volatile
Discontinued Operations71 K74.7 K20.7 M
Slightly volatile
Interest Income79.3 M123 M73 M
Slightly volatile
Reconciled Depreciation221.5 M220.9 M199.1 M
Slightly volatile

Piedmont Office Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash FlowM4.2 M20.2 M
Slightly volatile
Depreciation190.1 M220.9 M182.2 M
Slightly volatile
Dividends Paid58.8 M61.9 M117.4 M
Slightly volatile
Total Cash From Operating Activities190.1 M198.1 M212.1 M
Very volatile
Stock Based Compensation7.5 M9.6 M7.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.891.98844.1794
Slightly volatile
Dividend Yield0.04720.05460.0619
Very volatile
PTB Ratio0.680.71411.0409
Pretty Stable
Days Sales Outstanding76.64128106
Slightly volatile
Operating Cash Flow Per Share1.161.59851.6095
Pretty Stable
Stock Based Compensation To Revenue0.00980.01670.0134
Slightly volatile
Capex To Depreciation0.780.96010.7069
Pretty Stable
PB Ratio0.680.71411.0409
Pretty Stable
EV To Sales9.825.75037.656
Slightly volatile
ROIC0.01830.01930.2765
Slightly volatile
Payables Turnover2.181.57081.7764
Slightly volatile
Sales General And Administrative To Revenue0.0420.06210.0529
Very volatile
Capex To Revenue0.190.37190.2358
Very volatile
Cash Per Share0.930.88460.2821
Very volatile
POCF Ratio5.445.72429.8972
Slightly volatile
Capex To Operating Cash Flow1.121.07060.6296
Slightly volatile
Days Payables Outstanding151232212
Slightly volatile
EV To Operating Cash Flow21.8616.55418.3532
Very volatile
Intangibles To Total Assets0.02630.02770.0583
Slightly volatile
Net Debt To EBITDA4.297.93286.1263
Slightly volatile
Current Ratio0.570.60070.9921
Very volatile
Receivables Turnover2.722.86156.7892
Slightly volatile
Shareholders Equity Per Share16.1812.813816.2273
Slightly volatile
Debt To Equity1.491.420.9132
Slightly volatile
Capex Per Share1.81.71140.9711
Slightly volatile
Revenue Per Share2.654.60173.8369
Slightly volatile
Interest Debt Per Share20.1519.187913.8136
Slightly volatile
Debt To Assets0.610.54810.6986
Slightly volatile
Enterprise Value Over EBITDA18.1212.125814.5752
Pretty Stable
Graham Number13.1724.5620.3509
Pretty Stable
Short Term Coverage Ratios0.460.78210.7443
Pretty Stable
Operating Cycle86.72128125
Slightly volatile
Price Book Value Ratio0.680.71411.0409
Pretty Stable
Days Of Payables Outstanding151232212
Slightly volatile
Price To Operating Cash Flows Ratio5.445.72429.8972
Slightly volatile
Operating Profit Margin0.120.13020.1919
Slightly volatile
Company Equity Multiplier1.422.59091.8805
Slightly volatile
Long Term Debt To Capitalization0.290.55350.4086
Slightly volatile
Total Debt To Capitalization0.310.58680.4416
Slightly volatile
Debt Equity Ratio1.491.420.9132
Slightly volatile
Ebit Per Revenue0.120.13020.1919
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.020.72310.9061
Pretty Stable
Net Income Per E B T0.951.00017.8679
Very volatile
Cash Ratio0.140.21030.1329
Slightly volatile
Operating Cash Flow Sales Ratio0.510.34740.4377
Slightly volatile
Days Of Sales Outstanding76.64128106
Slightly volatile
Cash Flow Coverage Ratios0.08350.08780.1407
Slightly volatile
Price To Book Ratio0.680.71411.0409
Pretty Stable
Fixed Asset Turnover0.130.150.1639
Pretty Stable
Capital Expenditure Coverage Ratio0.890.9341.7982
Slightly volatile
Price Cash Flow Ratio5.445.72429.8972
Slightly volatile
Enterprise Value Multiple18.1212.125814.5752
Pretty Stable
Debt Ratio0.610.54810.6986
Slightly volatile
Cash Flow To Debt Ratio0.08350.08780.1407
Slightly volatile
Price Sales Ratio1.891.98844.1794
Slightly volatile
Asset Turnover0.240.13860.2676
Slightly volatile
Gross Profit Margin0.680.58950.6165
Pretty Stable
Price Fair Value0.680.71411.0409
Pretty Stable

Piedmont Office Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap961 MB2.5 B
Slightly volatile
Enterprise Value5.3 B3.4 B4.5 B
Slightly volatile

Piedmont Fundamental Market Drivers

Cash And Short Term Investments109.6 M

Piedmont Upcoming Events

7th of February 2024
Upcoming Quarterly Report
View
6th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
7th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Piedmont Office Financial Statements

Piedmont Office investors utilize fundamental indicators, such as revenue or net income, to predict how Piedmont Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue107 M112.4 M
Total Revenue570.3 M594.2 M
Cost Of Revenue234.1 M227.3 M
Stock Based Compensation To Revenue 0.02  0.01 
Sales General And Administrative To Revenue 0.06  0.04 
Capex To Revenue 0.37  0.19 
Revenue Per Share 4.60  2.65 
Ebit Per Revenue 0.13  0.12 

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When determining whether Piedmont Office Realty is a strong investment it is important to analyze Piedmont Office's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Piedmont Office's future performance. For an informed investment choice regarding Piedmont Stock, refer to the following important reports:
Check out the analysis of Piedmont Office Correlation against competitors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Office REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Piedmont Office. If investors know Piedmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Piedmont Office listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.70)
Dividend Share
0.375
Earnings Share
(0.56)
Revenue Per Share
4.554
Quarterly Revenue Growth
(0.02)
The market value of Piedmont Office Realty is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Office's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Office's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Piedmont Office's market value can be influenced by many factors that don't directly affect Piedmont Office's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Piedmont Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if Piedmont Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Office's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.