Piedmont Office Realty Trust Inc (PDM) - Net Assets
Based on the latest financial reports, Piedmont Office Realty Trust Inc (PDM) has net assets worth $887.06 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.42 Billion) and total liabilities ($2.53 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Explore Piedmont Office Realty Trust Inc operating cash flow efficiency to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $887.06 Million |
| % of Total Assets | 25.92% |
| Annual Growth Rate | N/A |
| 5-Year Change | -16.32% |
| 10-Year Change | -27.7% |
| Growth Volatility | 6.7 |
Piedmont Office Realty Trust Inc - Net Assets Trend (2002–2024)
This chart illustrates how Piedmont Office Realty Trust Inc's net assets have evolved over time, based on quarterly financial data. Explore long-term investment intensity of Piedmont Office Realty Trust Inc to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Piedmont Office Realty Trust Inc (2002–2024)
The table below shows the annual net assets of Piedmont Office Realty Trust Inc from 2002 to 2024. For live valuation and market cap data, see Piedmont Office Realty Trust Inc (PDM) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.59 Billion | -7.83% |
| 2023-12-31 | $1.72 Billion | -6.83% |
| 2022-12-31 | $1.85 Billion | +3.46% |
| 2021-12-31 | $1.79 Billion | -5.82% |
| 2020-12-31 | $1.90 Billion | +4.34% |
| 2019-12-31 | $1.82 Billion | +6.24% |
| 2018-12-31 | $1.71 Billion | -13.81% |
| 2017-12-31 | $1.99 Billion | -8.83% |
| 2016-12-31 | $2.18 Billion | -0.80% |
| 2015-12-31 | $2.20 Billion | -5.00% |
| 2014-12-31 | $2.31 Billion | -6.06% |
| 2013-12-31 | $2.46 Billion | -6.79% |
| 2012-12-31 | $2.64 Billion | -4.79% |
| 2011-12-31 | $2.77 Billion | 0.00% |
| 2010-12-31 | $2.77 Billion | +6.39% |
| 2009-12-31 | $2.61 Billion | -3.53% |
| 2008-12-31 | $2.70 Billion | -6.40% |
| 2007-12-31 | $2.89 Billion | +1.06% |
| 2006-12-31 | $2.86 Billion | -4.60% |
| 2005-12-31 | $2.99 Billion | -23.47% |
| 2004-12-31 | $3.91 Billion | -1.25% |
| 2003-12-31 | $3.96 Billion | +1279.10% |
| 2002-12-31 | $-336.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Piedmont Office Realty Trust Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 212819400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.24 Million | 0.08% |
| Other Comprehensive Income | $-10.12 Million | -0.64% |
| Other Components | $3.72 Billion | 234.69% |
| Total Equity | $1.59 Billion | 100.00% |
Piedmont Office Realty Trust Inc Competitors by Market Cap
The table below lists competitors of Piedmont Office Realty Trust Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou Jizhi Mechatronic Co Ltd
SHE:300553
|
$1.03 Billion |
|
Elco Ltd
TA:ELCO
|
$1.03 Billion |
|
Caisse Régionale de Crédit Agricole Mutuel de Paris et d-Ile-de-France
PA:CAF
|
$1.03 Billion |
|
Shenzhen SEG Co Ltd
SHE:000058
|
$1.03 Billion |
|
ALPHAMAB ONCOLO.DL-000002
F:3NK
|
$1.03 Billion |
|
VNDIRECT Securities Corp
VN:VND
|
$1.03 Billion |
|
Sino Prima Gas Technology Co Ltd
SHE:300483
|
$1.03 Billion |
|
Intracom Constructions Societe Anonyme Technical and Steel Constructions
AT:INKAT
|
$1.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Piedmont Office Realty Trust Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,721,414,000 to 1,586,604,000, a change of -134,810,000 (-7.8%).
- Net loss of 79,069,000 reduced equity.
- Dividend payments of 61,864,000 reduced retained earnings.
- Share repurchases of 1,762,000 reduced equity.
- Other comprehensive income decreased equity by 705,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-79.07 Million | -4.98% |
| Dividends Paid | $61.86 Million | -3.9% |
| Share Repurchases | $1.76 Million | -0.11% |
| Other Comprehensive Income | $-705.00K | -0.04% |
| Other Changes | $8.59 Million | +0.54% |
| Total Change | $- | -7.83% |
Book Value vs Market Value Analysis
This analysis compares Piedmont Office Realty Trust Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.66x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.22x to 0.66x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $37.85 | $8.42 | x |
| 2003-12-31 | $12.91 | $8.42 | x |
| 2004-12-31 | $25.18 | $8.42 | x |
| 2005-12-31 | $6.41 | $8.42 | x |
| 2006-12-31 | $6.17 | $8.42 | x |
| 2007-12-31 | $5.97 | $8.42 | x |
| 2008-12-31 | $5.66 | $8.42 | x |
| 2009-12-31 | $16.37 | $8.42 | x |
| 2010-12-31 | $16.19 | $8.42 | x |
| 2011-12-31 | $16.02 | $8.42 | x |
| 2012-12-31 | $15.48 | $8.42 | x |
| 2013-12-31 | $14.89 | $8.42 | x |
| 2014-12-31 | $14.95 | $8.42 | x |
| 2015-12-31 | $14.55 | $8.42 | x |
| 2016-12-31 | $14.95 | $8.42 | x |
| 2017-12-31 | $13.65 | $8.42 | x |
| 2018-12-31 | $13.09 | $8.42 | x |
| 2019-12-31 | $14.40 | $8.42 | x |
| 2020-12-31 | $15.04 | $8.42 | x |
| 2021-12-31 | $14.40 | $8.42 | x |
| 2022-12-31 | $14.96 | $8.42 | x |
| 2023-12-31 | $13.92 | $8.42 | x |
| 2024-12-31 | $12.80 | $8.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Piedmont Office Realty Trust Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.86%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 2.59x
- Recent ROE (-4.98%) is below the historical average (4.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 3.26% | 48.15% | 2.16x | 0.03x | $-123.69 Million |
| 2003 | 3.05% | 31.97% | 0.08x | 1.24x | $-275.54 Million |
| 2004 | 5.36% | 33.71% | 0.12x | 1.31x | $-181.58 Million |
| 2005 | 11.01% | 58.36% | 0.13x | 1.47x | $30.22 Million |
| 2006 | 4.68% | 23.01% | 0.13x | 1.56x | $-151.75 Million |
| 2007 | 4.64% | 22.52% | 0.13x | 1.59x | $-154.43 Million |
| 2008 | 4.87% | 21.11% | 0.14x | 1.69x | $-138.39 Million |
| 2009 | 2.87% | 12.35% | 0.14x | 1.69x | $-185.42 Million |
| 2010 | 4.35% | 20.44% | 0.13x | 1.58x | $-156.34 Million |
| 2011 | 8.12% | 41.55% | 0.12x | 1.60x | $-52.14 Million |
| 2012 | 3.53% | 17.38% | 0.13x | 1.61x | $-170.68 Million |
| 2013 | 4.01% | 17.80% | 0.12x | 1.90x | $-147.23 Million |
| 2014 | 1.88% | 7.66% | 0.12x | 2.08x | $-187.69 Million |
| 2015 | 7.88% | 29.58% | 0.13x | 2.02x | $-46.55 Million |
| 2016 | 4.96% | 19.41% | 0.12x | 2.04x | $-109.81 Million |
| 2017 | 6.73% | 23.26% | 0.14x | 2.02x | $-64.90 Million |
| 2018 | 7.62% | 24.77% | 0.15x | 2.10x | $-40.74 Million |
| 2019 | 12.62% | 43.00% | 0.15x | 1.94x | $47.54 Million |
| 2020 | 12.27% | 43.49% | 0.14x | 1.97x | $43.06 Million |
| 2021 | -0.06% | -0.22% | 0.13x | 2.20x | $-179.73 Million |
| 2022 | 7.95% | 26.04% | 0.14x | 2.21x | $-37.94 Million |
| 2023 | -2.81% | -8.37% | 0.14x | 2.36x | $-220.53 Million |
| 2024 | -4.98% | -13.86% | 0.14x | 2.59x | $-237.73 Million |
Industry Comparison
This section compares Piedmont Office Realty Trust Inc's net assets metrics with peer companies in the REIT - Office industry.
Industry Context
- Industry: REIT - Office
- Average net assets among peers: $2,886,257,300
- Average return on equity (ROE) among peers: 11.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Piedmont Office Realty Trust Inc (PDM) | $887.06 Million | 3.26% | 2.86x | $1.03 Billion |
| Alexandria Real Estate Equities Inc (ARE) | $10.17 Billion | 3.57% | 0.81x | $8.02 Billion |
| Brandywine Realty Trust (BDN) | $1.92 Billion | 0.42% | 1.43x | $526.35 Million |
| Boston Properties Inc (BXP) | $7.93 Billion | 6.45% | 1.38x | $9.63 Billion |
| COPT Defense Properties (CDP) | $304.74 Million | 4.95% | 1.37x | $3.65 Billion |
| City Office (CIO) | $73.72 Million | -8.94% | 5.02x | $3.43 Million |
| Creative Media & Community Trust Corporation (CMCT) | $85.83 Million | 8.36% | 0.42x | $12.72 Million |
| Cousins Properties Incorporated (CUZ) | $4.70 Billion | 0.86% | 0.89x | $4.40 Billion |
| Eerly Govt Ppty Inc (DEA) | $297.18 Million | 0.81% | 0.01x | $1.10 Billion |
| Douglas Emmett Inc (DEI) | $17.05 Million | 98.95% | 140.66x | $1.93 Billion |
| Equity Commonwealth (EQC) | $3.36 Billion | -5.26% | 0.98x | $169.73 Million |
About Piedmont Office Realty Trust Inc
Piedmont Realty Trust Inc. is a fully integrated, self-managed real estate investment company focused on delivering an exceptional office environment. As an owner, manager, developer and operator of approximately 16 MM SF of Class A properties across major U.S. Sunbelt markets, Piedmont Realty Trust is known for its hospitality-driven approach and commitment to transforming buildings into premier… Read more