Piedmont Office Realty Trust, Inc.

NYSE:PDM Stock Report

Market Cap: US$1.1b

Piedmont Office Realty Trust Past Earnings Performance

Past criteria checks 0/6

Piedmont Office Realty Trust's earnings have been declining at an average annual rate of -52.8%, while the Office REITs industry saw earnings declining at 13.9% annually. Revenues have been growing at an average rate of 2.1% per year.

Key information

-52.8%

Earnings growth rate

-52.5%

EPS growth rate

Office REITs Industry Growth3.1%
Revenue growth rate2.1%
Return on equity-4.7%
Net Margin-13.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Piedmont Office Realty Trust: Christmas Comes Early This Year (Strong Buy)

Dec 06

Piedmont Office: Core FFO Will Likely Trough In 2024 (Rating Upgrade)

Sep 05

Piedmont Office Realty Trust: Attractive Valuation But Risks Remain

Apr 19

Piedmont Office: Steep Discount To Book And A Covered 7% Dividend Yield

Jan 22

Piedmont Office: Most Risks Addressed Following Renewal Of Largest Tenant

Nov 05

Piedmont Office: Calamitous Drops Don't Scare Us Out Of The Game

Oct 03

Piedmont Office: Dividend News Distracts From Material Upside Potential In Share Price

Jul 30

Piedmont Office Realty Trust: Really Cheap With An 11% Yield

Jul 11

Piedmont: I'm Collecting A 9% Yield While Waiting For Shares To Recover

Feb 25

Piedmont Office Realty Trust Q4 results mixed, co gives in-line FY 2023 FFO guidance

Feb 08

Piedmont Office declares $0.21 dividend

Feb 01

Piedmont Office Realty: My Top 2023 Stock Pick

Dec 22

Piedmont Office Realty Trust: The Atlanta Market Will Carry It Forward

Nov 16

Piedmont Office GAAP EPS of $0.03 misses by $0.03

Nov 02

Piedmont Office Realty Trust's 8.7% Dividend Yield Looks Peachy

Oct 23

Piedmont Office Realty Trust: A 6.5% Yielding Sunbelt REIT Due For A Rebound

Aug 23

Revenue & Expenses Breakdown

How Piedmont Office Realty Trust makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:PDM Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24572-77300
30 Jun 24580-83300
31 Mar 24580-75290
31 Dec 23578-48290
30 Sep 2358055280
30 Jun 2357776270
31 Mar 2357085270
31 Dec 22564147270
30 Sep 2255540290
30 Jun 2254247290
31 Mar 2253649310
31 Dec 21529-1300
30 Sep 2152253300
30 Jun 2152351280
31 Mar 21527233260
31 Dec 20535233270
30 Sep 20538373250
30 Jun 20541372310
31 Mar 20537188340
31 Dec 19533229350
30 Sep 19536112380
30 Jun 19530120340
31 Mar 19529123330
31 Dec 18526130300
30 Sep 1852854290
30 Jun 18536164280
31 Mar 18556176280
31 Dec 17574134290
30 Sep 17579195280
30 Jun 1758056290
31 Mar 17566104300
31 Dec 16556100270
30 Sep 16552153310
30 Jun 16562165320
31 Mar 16574122320
31 Dec 15585131300
30 Sep 1559360290
30 Jun 1558871270
31 Mar 1558051260
31 Dec 1456641240
30 Sep 1455644230
30 Jun 1455553230
31 Mar 1454961220
31 Dec 1354672220

Quality Earnings: PDM is currently unprofitable.

Growing Profit Margin: PDM is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PDM is unprofitable, and losses have increased over the past 5 years at a rate of 52.8% per year.

Accelerating Growth: Unable to compare PDM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PDM is unprofitable, making it difficult to compare its past year earnings growth to the Office REITs industry (-32.7%).

Return on Equity

High ROE: PDM has a negative Return on Equity (-4.73%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 07:09
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Piedmont Office Realty Trust, Inc. is covered by 13 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas ThillmanBaird
Paul AdornatoBMO Capital Markets Equity Research
Paul AdornatoBMO Capital Markets U.S. (Historical)