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Piedmont Realty Trust, Inc. PDM

NYSE · reit · Opeators of Nonresidential Buildings · website · IPO 2010-02-10

Piedmont Realty Trust, Inc. statistics & valuation

Market cap$1.2B
P / S2.1×
P / B0.8×
Dividend yield2.65%
Net margin-14.8%
Return on equity-5.6%
Net debt$2.2B
Enterprise value USD$3.4B

Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
17.90% 23.30% 24.80% 43.00% 43.50% -0.20% 26.00% -8.40% -13.90% -14.80% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
12.70% 14.20% 22.00% 2016201720182019202020212022202320242025
Return on equity (%)
4.80% 6.70% 7.60% 12.60% 12.30% -0.10% 7.90% -2.80% -5.00% -5.60% 2016201720182019202020212022202320242025
Shares outstanding
145.6M 145.4M 130.6M 126.2M 126.1M 124.0M 123.5M 123.7M 124.1M 124.5M 2016201720182019202020212022202320242025
Net debt ($)
$2.01B $1.72B $1.68B $1.47B $1.61B $1.87B $1.97B $2.05B $2.11B $2.22B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.30% 3.30% 3.60% 6.50% 6.20% 0.00% 3.60% -1.20% -1.90% -2.10% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.96× 0.87× 0.98× 0.81× 0.85× 1.05× 1.07× 1.19× 1.40× 1.49× 2016201720182019202020212022202320242025
EPS ($)
$1.82 $1.85 -$0.01 $1.19 -$0.39 -$0.64 -$0.67 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Piedmont Realty Trust, Inc. trades at about 8.2× earnings — below its 10-year norm (10-year range 8.3×–35.1×, median 12.7×).

8.2× 35.1×

Shaded band = 10-year range (8.3×–35.1×); dot = today's 8.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin———————22.0%14.2%12.7%
Net margin-14.8%-13.9%-8.4%26.0%-0.2%43.5%43.0%24.8%23.3%17.9%
Return on assets-2.1%-1.9%-1.2%3.6%-0.0%6.2%6.5%3.6%3.3%2.3%
Return on equity-5.6%-5.0%-2.8%7.9%-0.1%12.3%12.6%7.6%6.7%4.8%
Debt / equity1.49×1.40×1.19×1.07×1.05×0.85×0.81×0.98×0.87×0.96×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.