Piedmont Financial Statements From 2010 to 2024

PDM Stock  USD 9.68  0.10  1.02%   
Piedmont Office financial statements provide useful quarterly and yearly information to potential Piedmont Office Realty investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Piedmont Office financial statements helps investors assess Piedmont Office's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Piedmont Office's valuation are summarized below:
Gross Profit
337.7 M
Profit Margin
(0.13)
Market Capitalization
1.2 B
Enterprise Value Revenue
5.6931
Revenue
572.4 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 2024 to make sure the company can sustain itself down the road. As of the 28th of November 2024, Enterprise Value is likely to grow to about 5.2 B, while Market Cap is likely to drop about 835.3 M.

Piedmont Office Total Revenue

592.71 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 216.3 M, Interest Expense of 67.5 M or Selling General Administrative of 30.1 M, as well as many indicators such as Price To Sales Ratio of 1.45, Dividend Yield of 0.0693 or PTB Ratio of 0.49. Piedmont financial statements analysis is a perfect complement when working with Piedmont Office Valuation or Volatility modules.
  
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 B2.1 B1.9 B
Slightly volatile
Total Current Liabilities85.4 M89.9 M226.1 M
Slightly volatile
Total Stockholder EquityB1.7 B2.1 B
Slightly volatile
Current Deferred Revenue94.4 M89.9 M41 M
Slightly volatile
Net Debt1.6 B2.1 B1.7 B
Slightly volatile
Accounts Payable119.5 M131.5 M125.5 M
Pretty Stable
Cash783.8 K825 K19.2 M
Slightly volatile
Non Current Assets Total3.9 B3.8 B3.7 B
Pretty Stable
Cash And Short Term InvestmentsM4.2 M19.7 M
Slightly volatile
Net Receivables177.4 M191.8 M178.7 M
Slightly volatile
Good Will50.8 M53.5 M118.3 M
Slightly volatile
Common Stock Shares Outstanding148 M123.7 M137 M
Very volatile
Liabilities And Stockholders Equity4.5 B4.1 B3.9 B
Pretty Stable
Other Stockholder Equity3.9 B3.7 B3.6 B
Slightly volatile
Total LiabilitiesB2.3 B1.9 B
Slightly volatile
Total Current Assets216.1 M227.5 M211.8 M
Slightly volatile
Short Term Debt439.8 M368.3 M279.6 M
Very volatile
Intangible Assets95.9 M82.6 M79.3 M
Slightly volatile
Other Liabilities76.1 M93.9 M83 M
Very volatile
Property Plant And Equipment Net2.9 B3.4 BB
Pretty Stable
Long Term Debt1.7 B2.1 B1.7 B
Slightly volatile
Common Stock Total EquityM1.1 M1.7 M
Slightly volatile
Non Current Liabilities Total1.5 B2.2 B1.7 B
Slightly volatile
Property Plant And Equipment Gross3.1 B3.3 B3.6 B
Slightly volatile
Common Stock1.9 M1.2 M1.7 M
Slightly volatile
Net Tangible Assets1.6 B1.6 BB
Slightly volatile
Short Term Investments2.7 MM3.9 M
Slightly volatile
Long Term Debt Total1.9 B2.3 B1.8 B
Slightly volatile
Capital SurpluseB4.3 B3.7 B
Slightly volatile
Deferred Long Term Liabilities343.2 M326.9 M161.1 M
Slightly volatile
Long Term Investments3.6 M3.8 M18.8 M
Slightly volatile
Non Current Liabilities Other55.9 M42.9 M50.5 M
Slightly volatile
Property Plant Equipment2.7 BB3.4 B
Slightly volatile
Short and Long Term Debt224 M235.8 M269.7 M
Pretty Stable
Capital Lease Obligations31 M29.5 M40.1 M
Slightly volatile
Cash And Equivalents10 M19 MM
Slightly volatile
Net Invested CapitalB3.8 B3.7 B
Very volatile
Capital Stock994.7 K1.2 M1.2 M
Slightly volatile

Piedmont Office Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization216.3 M153.8 M219.4 M
Slightly volatile
Interest Expense67.5 M101.3 M63.7 M
Slightly volatile
Selling General Administrative30.1 M29.2 M27 M
Slightly volatile
Total Revenue592.7 M577.8 M526.3 M
Slightly volatile
Gross Profit101.1 M106.5 M284.6 M
Pretty Stable
Other Operating Expenses446 M500.5 M417.5 M
Slightly volatile
Operating Income102.6 M77.3 M98.4 M
Slightly volatile
EBITDA247.1 M231.1 M285 M
Very volatile
Cost Of Revenue237.7 M471.3 M224.8 M
Slightly volatile
Total Operating Expenses27.7 M29.2 M180.6 M
Pretty Stable
Selling And Marketing Expenses2.2 M2.3 MM
Slightly volatile
Discontinued Operations71 K74.7 K22 M
Slightly volatile
Interest Income49.7 M59.1 M64.9 M
Slightly volatile
Reconciled Depreciation218.5 M226.8 M197.4 M
Slightly volatile

Piedmont Office Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow49.3 M51.9 M92.4 M
Very volatile
Begin Period Cash Flow23.1 M19.6 M22.5 M
Slightly volatile
Depreciation183.8 M148.5 M174 M
Slightly volatile
Dividends Paid140 M93.1 M126.5 M
Slightly volatile
Total Cash From Operating Activities191.5 M210.1 M213.1 M
Very volatile
Stock Based Compensation7.4 M8.1 M7.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.451.52184.2961
Slightly volatile
Dividend Yield0.06930.10590.0638
Very volatile
PTB Ratio0.490.51081.05
Pretty Stable
Days Sales Outstanding75.49121104
Slightly volatile
Free Cash Flow Yield0.06970.05910.0516
Very volatile
Operating Cash Flow Per Share1.251.69931.6163
Very volatile
Average Payables96.7 M108.8 M118.5 M
Slightly volatile
Stock Based Compensation To Revenue0.00960.0140.0132
Slightly volatile
Capex To Depreciation0.760.69730.6887
Slightly volatile
PB Ratio0.490.51081.05
Pretty Stable
EV To Sales9.175.07657.7397
Slightly volatile
Free Cash Flow Per Share0.40.420.774
Pretty Stable
Payables Turnover2.33.58361.9168
Slightly volatile
Sales General And Administrative To Revenue0.05720.05050.0533
Pretty Stable
Capex To Revenue0.250.27380.2308
Pretty Stable
Cash Per Share0.02960.03120.1835
Slightly volatile
POCF Ratio3.974.184110.0772
Slightly volatile
Capex To Operating Cash Flow0.440.75280.5549
Pretty Stable
PFCF Ratio19.116.927527.9986
Slightly volatile
Days Payables Outstanding145102203
Slightly volatile
EV To Operating Cash Flow14.9513.957918.0124
Pretty Stable
EV To Free Cash Flow31.5856.468749.3459
Slightly volatile
Intangibles To Total Assets0.06520.03350.0629
Slightly volatile
Net Debt To EBITDA9.338.88836.3419
Slightly volatile
Current Ratio2.412.1791.2612
Slightly volatile
Receivables Turnover2.863.0137.0604
Slightly volatile
Graham Number19.2311.070718.4268
Pretty Stable
Shareholders Equity Per Share18.0313.920716.5787
Slightly volatile
Debt To Equity1.251.19360.8314
Slightly volatile
Capex Per Share0.681.27930.8471
Pretty Stable
Revenue Per Share2.784.67223.7948
Slightly volatile
Interest Debt Per Share18.3117.433912.1625
Slightly volatile
Debt To Assets0.590.50640.684
Slightly volatile
Enterprise Value Over EBITDA16.9612.693314.6611
Pretty Stable
Short Term Coverage Ratios0.450.57050.7411
Pretty Stable
Operating Cycle86.02121124
Slightly volatile
Price Book Value Ratio0.490.51081.05
Pretty Stable
Days Of Payables Outstanding145102203
Slightly volatile
Price To Operating Cash Flows Ratio3.974.184110.0772
Slightly volatile
Price To Free Cash Flows Ratio19.116.927527.9986
Slightly volatile
Operating Profit Margin0.260.13370.2054
Slightly volatile
Company Equity Multiplier1.392.35681.8311
Slightly volatile
Long Term Debt To Capitalization0.280.49480.3982
Slightly volatile
Total Debt To Capitalization0.30.54410.4116
Slightly volatile
Debt Equity Ratio1.251.19360.8314
Slightly volatile
Ebit Per Revenue0.260.13370.2054
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.030.83610.9189
Slightly volatile
Net Income Per E B T0.951.00028.3258
Pretty Stable
Cash Ratio0.00870.00920.1195
Slightly volatile
Operating Cash Flow Sales Ratio0.510.36370.4437
Slightly volatile
Days Of Sales Outstanding75.49121104
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.230.24720.4764
Slightly volatile
Cash Flow Coverage Ratios0.09720.10230.2311
Slightly volatile
Price To Book Ratio0.490.51081.05
Pretty Stable
Fixed Asset Turnover0.130.150.1637
Slightly volatile
Capital Expenditure Coverage Ratio2.161.32831.9405
Very volatile
Price Cash Flow Ratio3.974.184110.0772
Slightly volatile
Enterprise Value Multiple16.9612.693314.6611
Pretty Stable
Debt Ratio0.590.50640.684
Slightly volatile
Cash Flow To Debt Ratio0.09720.10230.2311
Slightly volatile
Price Sales Ratio1.451.52184.2961
Slightly volatile
Asset Turnover0.240.14240.2762
Slightly volatile
Gross Profit Margin0.180.18420.558
Slightly volatile
Price Fair Value0.490.51081.05
Pretty Stable

Piedmont Office Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap835.3 M879.2 M2.6 B
Slightly volatile
Enterprise Value5.2 B2.9 B4.6 B
Slightly volatile

Piedmont Fundamental Market Drivers

Cash And Short Term Investments4.2 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 Revenue89.9 M94.4 M
Total Revenue577.8 M592.7 M
Cost Of Revenue471.3 M237.7 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.05  0.06 
Capex To Revenue 0.27  0.25 
Revenue Per Share 4.67  2.78 
Ebit Per Revenue 0.13  0.26 

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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.
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Is Diversified 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
0.5
Earnings Share
(0.63)
Revenue Per Share
4.621
Quarterly Revenue Growth
(0.05)
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.