Peakstone Realty Trust
Peakstone Realty Trustis a real estate investment trust executing a strategic transition to become an industrial-only REIT, targeting growth in the industrial outdoor storage sector. As part of this transition, the Company is actively reshaping its portfolio by divesting its office properties and increasing its exposure to IOS. The Company's fiscal year ends on December 31, 2025. PKST OP, L.P., o… Read more
Peakstone Realty Trust (PKST) - Net Assets
Latest net assets as of September 2025: $776.86 Million USD
Based on the latest financial reports, Peakstone Realty Trust (PKST) has net assets worth $776.86 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.99 Billion) and total liabilities ($1.21 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $776.86 Million |
| % of Total Assets | 39.11% |
| Annual Growth Rate | 5.35% |
| 5-Year Change | -33.71% |
| 10-Year Change | 401.95% |
| Growth Volatility | 87.54 |
Peakstone Realty Trust - Net Assets Trend (2013–2024)
This chart illustrates how Peakstone Realty Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Peakstone Realty Trust (2013–2024)
The table below shows the annual net assets of Peakstone Realty Trust from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.15 Billion | -4.29% |
| 2023-12-31 | $1.20 Billion | -39.39% |
| 2022-12-31 | $1.99 Billion | -20.60% |
| 2021-12-31 | $2.50 Billion | +43.94% |
| 2020-12-31 | $1.74 Billion | -6.13% |
| 2019-12-31 | $1.85 Billion | +234.26% |
| 2018-12-31 | $553.87 Million | -6.91% |
| 2017-12-31 | $594.95 Million | +4.12% |
| 2016-12-31 | $571.38 Million | +148.96% |
| 2015-12-31 | $229.51 Million | -81.69% |
| 2014-12-31 | $1.25 Billion | +93.01% |
| 2013-12-31 | $649.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Peakstone Realty Trust'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 83827900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $37.00K | 0.00% |
| Other Comprehensive Income | $15.87 Million | 1.46% |
| Other Components | $1.91 Billion | 175.78% |
| Total Equity | $1.09 Billion | 100.00% |
Peakstone Realty Trust Competitors by Market Cap
The table below lists competitors of Peakstone Realty Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fujian Furi Electronics Co Ltd
SHG:600203
|
$691.72 Million |
|
Global Top E Commerce Co Ltd
SHE:002640
|
$691.85 Million |
|
PORR AG
VI:POS
|
$692.13 Million |
|
Scholastic Corporation
NASDAQ:SCHL
|
$692.35 Million |
|
AMALGAMATED FIN. DL-01
F:A0B0
|
$691.42 Million |
|
Zhejiang Wansheng Co Ltd
SHG:603010
|
$691.32 Million |
|
Kestra Medical Technologies, Ltd. Common Stock
NASDAQ:KMTS
|
$691.28 Million |
|
Linea Directa Aseguradora SA Compania de Seguros y Reaseguros
MC:LDA
|
$691.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Peakstone Realty Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,112,084,000 to 1,085,221,000, a change of -26,863,000 (-2.4%).
- Net loss of 10,425,000 reduced equity.
- Dividend payments of 33,077,000 reduced retained earnings.
- Share repurchases of 1,329,000 reduced equity.
- Other comprehensive income decreased equity by 9,943,000.
- Other factors increased equity by 27,911,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.43 Million | -0.96% |
| Dividends Paid | $33.08 Million | -3.05% |
| Share Repurchases | $1.33 Million | -0.12% |
| Other Comprehensive Income | $-9.94 Million | -0.92% |
| Other Changes | $27.91 Million | +2.57% |
| Total Change | $- | -2.42% |
Book Value vs Market Value Analysis
This analysis compares Peakstone Realty Trust'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: 0.70x
- 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 0.09x to 0.70x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $221.36 | $20.84 | x |
| 2014-12-31 | $98.00 | $20.84 | x |
| 2015-12-31 | $13.03 | $20.84 | x |
| 2016-12-31 | $33.11 | $20.84 | x |
| 2017-12-31 | $34.48 | $20.84 | x |
| 2018-12-31 | $32.03 | $20.84 | x |
| 2019-12-31 | $7.21 | $20.84 | x |
| 2020-12-31 | $6.55 | $20.84 | x |
| 2021-12-31 | $66.30 | $20.84 | x |
| 2022-12-31 | $50.13 | $20.84 | x |
| 2023-12-31 | $30.90 | $20.84 | x |
| 2024-12-31 | $29.83 | $20.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Peakstone Realty Trust 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): -0.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.57%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.47x
- Recent ROE (-0.96%) is above the historical average (-6.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -3.95% | -35.76% | 0.06x | 1.96x | $-87.15 Million |
| 2014 | -1.52% | -9.28% | 0.10x | 1.69x | $-141.00 Million |
| 2015 | -7.33% | -65.51% | 0.05x | 2.39x | $-38.96 Million |
| 2016 | -1.07% | -9.72% | 0.05x | 2.07x | $-63.23 Million |
| 2017 | 1.87% | 10.35% | 0.09x | 1.98x | $-48.37 Million |
| 2018 | -0.59% | -3.08% | 0.09x | 2.06x | $-58.55 Million |
| 2019 | 2.06% | 8.64% | 0.09x | 2.61x | $-127.17 Million |
| 2020 | -0.28% | -1.09% | 0.09x | 2.76x | $-154.92 Million |
| 2021 | 0.51% | 2.50% | 0.09x | 2.31x | $-216.30 Million |
| 2022 | -22.22% | -96.44% | 0.11x | 2.01x | $-582.43 Million |
| 2023 | -49.51% | -216.51% | 0.09x | 2.51x | $-661.76 Million |
| 2024 | -0.96% | -4.57% | 0.09x | 2.47x | $-118.95 Million |
Industry Comparison
This section compares Peakstone Realty Trust's net assets metrics with peer companies in the REIT - Office industry.
Industry Context
- Industry: REIT - Office
- Average net assets among peers: $1,287,555,700
- Average return on equity (ROE) among peers: 2.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Peakstone Realty Trust (PKST) | $776.86 Million | -3.95% | 1.56x | $691.48 Million |
| Allied Properties Real Estate Investment Trust (APYRF) | $215.70 Million | 3.58% | 1.33x | $973.59 Million |
| Alexandria Real Estate Equities Inc (ARE) | $1.58 Billion | 5.93% | 1.94x | $7.61 Billion |
| Brandywine Realty Trust (BDN) | $1.69 Billion | 2.03% | 1.41x | $496.31 Million |
| BTB Real Estate Investment Trust (BTBIF) | $248.95 Million | 11.32% | 2.06x | $199.14 Million |
| Boston Properties Inc (BXP) | $3.00 Billion | 14.79% | 1.81x | $7.87 Billion |
| COPT Defense Properties (CDP) | $1.68 Billion | 4.55% | 1.53x | $3.58 Billion |
| City Office (CIO) | $772.63 Million | -0.35% | 0.96x | $2.76 Million |
| CLS Holdings plc (CLIHF) | $929.20 Million | -26.88% | 1.33x | $263.93 Million |
| Creative Media & Community Trust Corporation (CMCT) | $42.90 Million | 0.00% | 0.01x | $114.98K |
| Cromwell Property Group (CMWCF) | $2.71 Billion | 9.71% | 0.86x | $445.64 Million |