Piedmont Office Realty Trust Inc

NYSE PDM

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Piedmont Office Realty Trust Inc Current Revenue (Deferred) 5 year CAGR for the year ending December 31, 2023: 25.59%

Piedmont Office Realty Trust Inc Current Revenue (Deferred) 5 year CAGR is 25.59% for the year ending December 31, 2023, a 68.56% change year over year. Current Revenue (Deferred) is revenue received in advance but not yet recognized as income due to the fulfillment of obligations or passage of time. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Piedmont Office Realty Trust Inc Current Revenue (Deferred) for the year ending December 31, 2022 was USD 59.98 M, a -25.67% change year over year.
  • Piedmont Office Realty Trust Inc Current Revenue (Deferred) for the year ending December 31, 2021 was USD 80.69 M, a 118.71% change year over year.
  • Piedmont Office Realty Trust Inc Current Revenue (Deferred) for the year ending December 31, 2020 was USD 36.89 M, a 6.59% change year over year.
  • Piedmont Office Realty Trust Inc Current Revenue (Deferred) for the year ending December 31, 2019 was USD 34.61 M, a 20.26% change year over year.
NYSE: PDM

Piedmont Office Realty Trust Inc

CEO Mr. Christopher Brent Smith
IPO Date Feb. 10, 2010
Location United States
Headquarters 5565 Glenridge Connector, Atlanta, GA, United States, 30342
Employees 150
Sector Real Estate
Industry Reit - office
Description

Piedmont Office Realty Trust, Inc. (also referred to herein as Piedmont or the Company) (NYSE: PDM) is an owner, manager, developer, redeveloper and operator of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. 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 Standard & Poor's and Moody's. The Company was designated an Energy Star Partner of the Year for 2021, 2022 and 2023, and it was the only office REIT headquartered in the Southeast to receive those designations. Approximately 85% of the Company's square footage is Energy Star certified and nearly 70% is LEED certified. Piedmont is headquartered in Atlanta, GA.

StockViz Staff

September 20, 2024

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