Piedmont Realty Trust, Inc. (PDM)

From the record

Piedmont Realty Trust, Inc.'s filings since 2017 show 4 warning events of 3 kinds: a debt default or acceleration notice (8-K item 2.04, 2 times, the latest 2021-09-20); a warning not to rely on past financial statements (8-K item 4.02, the latest 2017-05-03); an auditor change (8-K item 4.01, the latest 2018-01-16) (its current reports).

From the record

Piedmont Realty Trust, Inc.'s 10 filed years say what it did: revenue went from $556 million in fiscal 2016 to $565 million in fiscal 2025, up 0.2% a year; it rose in 5 of 9 years; the deepest fall was 8% from fiscal 2017 to fiscal 2018; net income was positive in 6 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Piedmont Realty Trust, Inc.'s diluted share count grew about 0.2% a year, and dividends and buybacks returned about 34% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 1 sale and 0 purchases of their own stock on the open market in the year to 2026-10-02 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Piedmont Realty Trust, Inc. lost about 6 cents for every dollar of shareholders' money. Leverage: it owed about 63 cents per dollar of assets, and net share issuance: its share count grew 0.4% over the year (the filed statements).

From the record

Piedmont Realty Trust, Inc.'s standing among 15 graded names in its industry family: revenue of $565 million in fiscal 2025 ranks in the top 19% by size; a net margin of -14.8% ranks in the bottom 30%; revenue growth of 0.1% a year over the last 3 filed years ranks in the bottom 25% (its annual reports).

From the record

Piedmont Realty Trust, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Smith, Christopher Brent (President & Chief Exec. Off, as filed), filing under that title since 2020-02-21, 6.7 years (bottom 21% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 8 years (bottom 21%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (top 21%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Piedmont Realty Trust, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $731 thousand against debt of $2.2 billion leaves -55.2% of its assets as net cash, bottom 10% of its family; cash from operations less capital spending is 24.9% of revenue (top 32%) (its annual report).

From the record

Piedmont Realty Trust, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 0.1% a year over the last three filed years against 0.2% over all 10, slowing (top 46% of its family); the newest year grew -0.9% (bottom 32%); capital spending grew 10.6% a year (top 50%) (its annual reports). Piedmont Realty Trust, Inc. reported 6 lines of business in fiscal 2025: Atlanta GA at $180 million, Dallas TX at $102 million, Orlando FL at $66 million, and 3 more. 3 of 6 grew in the latest filed year, and the largest line is 36% of revenue (its annual report).

From the record

Piedmont Realty Trust, Inc.'s newest year against its own record: revenue of $565 million in fiscal 2025 came in 1.5% below the $574 million its prior three years' pace pointed to (top 46% of its family); net income of $84 million against a prior three-year average of $6 million (bottom 11%); a net margin of -14.8% against 1.3% before (bottom 32%) (its annual reports).