Piedmont Office Realty Trust, Inc.

Piedmont Office Realty Trust, Inc.verified

PDM

Price:

$9.44

Market Cap:

$1.17B

Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody's (Baa2). At the end of the third quarter, approximately 63%...[Read more]

Industry

REIT - Office

IPO Date

2010-02-10

Stock Exchange

NYSE

Ticker

PDM

The Current Ratio as of September 2024 (TTM) for Piedmont Office Realty Trust, Inc. (PDM) is 1.42

According to Piedmont Office Realty Trust, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.42. This represents a change of 31.06% compared to the average of 1.08 of the last 4 quarters.

Piedmont Office Realty Trust, Inc. (PDM) Historical Current Ratio (quarterly & annually)

How has PDM Current Ratio performed in the past?

The mean historical Current Ratio of Piedmont Office Realty Trust, Inc. over the last ten years is 1.20. The current 1.42 Current Ratio has changed 11.68% with respect to the historical average. Over the past ten years (40 quarters), PDM's Current Ratio was at its highest in in the March 2023 quarter at 2.16. The Current Ratio was at its lowest in in the September 2014 quarter at 0.40.

Quarterly (TTM)
Annual

Average

1.20

Median

1.18

Minimum

0.83

Maximum

1.65

Piedmont Office Realty Trust, Inc. (PDM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Piedmont Office Realty Trust, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 290.34%

Maximum Annual Current Ratio = 1.65

Minimum Annual Increase = -31.28%

Minimum Annual Current Ratio = 0.83

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.83-24.11%
20221.09-19.90%
20211.36-17.21%
20201.6568.16%
20190.98-22.63%
20181.2734.74%
20170.94-9.26%
20161.03-31.28%
20151.518.63%
20141.39290.34%

Piedmont Office Realty Trust, Inc. (PDM) Average Current Ratio

How has PDM Current Ratio performed in the past?

The current Current Ratio of Piedmont Office Realty Trust, Inc. (PDM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.09

5-year avg

1.18

10-year avg

1.20

Piedmont Office Realty Trust, Inc. (PDM) Current Ratio vs. Peers

How is PDM’s Current Ratio compared to its peers?

Piedmont Office Realty Trust, Inc.’s Current Ratio is less than Corporate Office Properties Trust (12.60), less than Highwoods Properties, Inc. (1.56), less than Douglas Emmett, Inc. (5.12), less than Kilroy Realty Corporation (2.07), greater than Cousins Properties Incorporated (0.51), less than Brandywine Realty Trust (1.42), greater than City Office REIT, Inc. (0.38), greater than Hudson Pacific Properties, Inc. (0.14), less than Office Properties Income Trust (1.93), less than Equity Commonwealth (85.27),

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