PIEDMONT REALTY TRUST INC (PDM) Stock Fundamental Analysis

NYSE:PDM • US7201902068

7.62 USD
-0.36 (-4.51%)
At close: Feb 23, 2026
7.62 USD
0 (0%)
After Hours: 2/23/2026, 7:02:07 PM
Fundamental Rating

3

Overall PDM gets a fundamental rating of 3 out of 10. We evaluated PDM against 122 industry peers in the Diversified REITs industry. PDM may be in some trouble as it scores bad on both profitability and health. PDM has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • PDM had negative earnings in the past year.
  • PDM had a positive operating cash flow in the past year.
  • In the past 5 years PDM reported 4 times negative net income.
  • Of the past 5 years PDM 4 years had a positive operating cash flow.
PDM Yearly Net Income VS EBIT VS OCF VS FCFPDM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M -200M -300M

1.2 Ratios

  • With a Return On Assets value of -1.76%, PDM is not doing good in the industry: 69.67% of the companies in the same industry are doing better.
  • PDM has a worse Return On Equity (-4.58%) than 69.67% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 1.65%, PDM is doing worse than 71.31% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for PDM is in line with the industry average of 3.07%.
  • The last Return On Invested Capital (1.65%) for PDM is above the 3 year average (1.59%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA -1.76%
ROE -4.58%
ROIC 1.65%
ROA(3y)-1.73%
ROA(5y)-0.32%
ROE(3y)-4.46%
ROE(5y)-1.1%
ROIC(3y)1.59%
ROIC(5y)1.63%
PDM Yearly ROA, ROE, ROICPDM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10

1.3 Margins

  • Looking at the Operating Margin, with a value of 14.29%, PDM is doing worse than 66.39% of the companies in the same industry.
  • PDM's Operating Margin has declined in the last couple of years.
  • Looking at the Gross Margin, with a value of 59.67%, PDM is doing worse than 68.03% of the companies in the same industry.
  • PDM's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 14.29%
PM (TTM) N/A
GM 59.67%
OM growth 3Y-1.92%
OM growth 5Y-3.24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.13%
GM growth 5Y-0.05%
PDM Yearly Profit, Operating, Gross MarginsPDM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PDM is destroying value.
  • Compared to 1 year ago, PDM has more shares outstanding
  • Compared to 5 years ago, PDM has more shares outstanding
  • Compared to 1 year ago, PDM has a worse debt to assets ratio.
PDM Yearly Shares OutstandingPDM Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M
PDM Yearly Total Debt VS Total AssetsPDM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.2 Solvency

  • PDM has an Altman-Z score of -0.29. This is a bad value and indicates that PDM is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of PDM (-0.29) is worse than 81.15% of its industry peers.
  • PDM has a Debt/Equity ratio of 1.43. This is a high value indicating a heavy dependency on external financing.
  • PDM's Debt to Equity ratio of 1.43 is in line compared to the rest of the industry. PDM outperforms 45.08% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.43
Debt/FCF N/A
Altman-Z -0.29
ROIC/WACC0.26
WACC6.43%
PDM Yearly LT Debt VS Equity VS FCFPDM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B 2B

2.3 Liquidity

  • PDM has a Current Ratio of 1.83. This is a normal value and indicates that PDM is financially healthy and should not expect problems in meeting its short term obligations.
  • PDM's Current ratio of 1.83 is amongst the best of the industry. PDM outperforms 83.61% of its industry peers.
  • A Quick Ratio of 1.83 indicates that PDM should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.83, PDM belongs to the top of the industry, outperforming 83.61% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.83
Quick Ratio 1.83
PDM Yearly Current Assets VS Current LiabilitesPDM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

3

3. Growth

3.1 Past

  • The earnings per share for PDM have decreased strongly by -15.25% in the last year.
  • The Revenue has decreased by -0.93% in the past year.
  • PDM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.10% yearly.
EPS 1Y (TTM)-15.25%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-75%
Revenue 1Y (TTM)-0.93%
Revenue growth 3Y0.07%
Revenue growth 5Y1.1%
Sales Q2Q%-0.26%

3.2 Future

  • Based on estimates for the next years, PDM will show a very strong growth in Earnings Per Share. The EPS will grow by 45.05% on average per year.
  • Based on estimates for the next years, PDM will show a small growth in Revenue. The Revenue will grow by 1.88% on average per year.
EPS Next Y89.6%
EPS Next 2Y45.05%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.53%
Revenue Next 2Y1.88%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
PDM Yearly Revenue VS EstimatesPDM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M 400M 500M
PDM Yearly EPS VS EstimatesPDM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 -0.5 1 1.5

2

4. Valuation

4.1 Price/Earnings Ratio

  • PDM reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for PDM. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
PDM Price Earnings VS Forward Price EarningsPDM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 50 -50 -100

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, PDM is valued cheaply inside the industry as 86.89% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 10.38
PDM Per share dataPDM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

4.3 Compensation for Growth

  • A more expensive valuation may be justified as PDM's earnings are expected to grow with 45.05% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y45.05%
EPS Next 3YN/A

2

5. Dividend

5.1 Amount

  • PDM has a Yearly Dividend Yield of 1.57%.
  • With a Dividend Yield of 1.57, PDM pays less dividend than the industry average, which is at 6.81. 90.16% of the companies listed in the same industry pay a better dividend than PDM!
  • PDM's Dividend Yield is comparable with the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 1.57%

5.2 History

  • The dividend of PDM decreases each year by -9.98%.
  • PDM has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-9.98%
Div Incr Years0
Div Non Decr Years0
PDM Yearly Dividends per sharePDM Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8

5.3 Sustainability

  • PDM has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-44.17%
EPS Next 2Y45.05%
EPS Next 3YN/A
PDM Yearly Income VS Free CF VS DividendPDM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M -200M -300M

PIEDMONT REALTY TRUST INC

NYSE:PDM (2/23/2026, 7:02:07 PM)

After market: 7.62 0 (0%)

7.62

-0.36 (-4.51%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)02-11
Earnings (Next)04-27
Inst Owners92.84%
Inst Owner Change0.85%
Ins Owners0.85%
Ins Owner Change9.35%
Market Cap948.84M
Revenue(TTM)564.99M
Net Income(TTM)-70.35M
Analysts74.29
Price Target10.2 (33.86%)
Short Float %2.65%
Short Ratio4.12
Dividend
Industry RankSector Rank
Dividend Yield 1.57%
Yearly Dividend0.5
Dividend Growth(5Y)-9.98%
DP-44.17%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-147.52%
Min EPS beat(2)-177.23%
Max EPS beat(2)-117.82%
EPS beat(4)0
Avg EPS beat(4)-217.07%
Min EPS beat(4)-560.07%
Max EPS beat(4)-13.15%
EPS beat(8)0
Avg EPS beat(8)-273.19%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.61%
Min Revenue beat(2)-2.18%
Max Revenue beat(2)-1.04%
Revenue beat(4)0
Avg Revenue beat(4)-0.83%
Min Revenue beat(4)-2.18%
Max Revenue beat(4)-0.01%
Revenue beat(8)1
Avg Revenue beat(8)-1.08%
Revenue beat(12)2
Avg Revenue beat(12)-1.19%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)3.45%
PT rev (3m)7.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.75%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 1.68
P/FCF N/A
P/OCF 6.13
P/B 0.62
P/tB 0.66
EV/EBITDA 10.38
EPS(TTM)-0.68
EYN/A
EPS(NY)-0.07
Fwd EYN/A
FCF(TTM)-0.27
FCFYN/A
OCF(TTM)1.24
OCFY16.3%
SpS4.54
BVpS12.33
TBVpS11.51
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -1.76%
ROE -4.58%
ROCE 2.09%
ROIC 1.65%
ROICexc 1.65%
ROICexgc 1.7%
OM 14.29%
PM (TTM) N/A
GM 59.67%
FCFM N/A
ROA(3y)-1.73%
ROA(5y)-0.32%
ROE(3y)-4.46%
ROE(5y)-1.1%
ROIC(3y)1.59%
ROIC(5y)1.63%
ROICexc(3y)1.6%
ROICexc(5y)1.64%
ROICexgc(3y)1.65%
ROICexgc(5y)1.7%
ROCE(3y)2.01%
ROCE(5y)2.06%
ROICexgc growth 3Y-2.1%
ROICexgc growth 5Y-4.1%
ROICexc growth 3Y-1.22%
ROICexc growth 5Y-3.55%
OM growth 3Y-1.92%
OM growth 5Y-3.24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.13%
GM growth 5Y-0.05%
F-Score5
Asset Turnover0.14
Health
Industry RankSector Rank
Debt/Equity 1.43
Debt/FCF N/A
Debt/EBITDA 7.25
Cap/Depr 84.82%
Cap/Sales 33.24%
Interest Coverage 250
Cash Conversion 51.16%
Profit Quality N/A
Current Ratio 1.83
Quick Ratio 1.83
Altman-Z -0.29
F-Score5
WACC6.43%
ROIC/WACC0.26
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.25%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-75%
EPS Next Y89.6%
EPS Next 2Y45.05%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-0.93%
Revenue growth 3Y0.07%
Revenue growth 5Y1.1%
Sales Q2Q%-0.26%
Revenue Next Year0.53%
Revenue Next 2Y1.88%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y6.79%
EBIT growth 3Y-1.85%
EBIT growth 5Y-2.18%
EBIT Next Year267.06%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-1473.6%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-15.33%
OCF growth 3YN/A
OCF growth 5YN/A

PIEDMONT REALTY TRUST INC / PDM FAQ

What is the ChartMill fundamental rating of PIEDMONT REALTY TRUST INC (PDM) stock?

ChartMill assigns a fundamental rating of 3 / 10 to PDM.


Can you provide the valuation status for PIEDMONT REALTY TRUST INC?

ChartMill assigns a valuation rating of 2 / 10 to PIEDMONT REALTY TRUST INC (PDM). This can be considered as Overvalued.


Can you provide the profitability details for PIEDMONT REALTY TRUST INC?

PIEDMONT REALTY TRUST INC (PDM) has a profitability rating of 2 / 10.


What is the earnings growth outlook for PIEDMONT REALTY TRUST INC?

The Earnings per Share (EPS) of PIEDMONT REALTY TRUST INC (PDM) is expected to grow by 89.6% in the next year.


Can you provide the dividend sustainability for PDM stock?

The dividend rating of PIEDMONT REALTY TRUST INC (PDM) is 2 / 10 and the dividend payout ratio is -44.17%.