Piedmont Office Realty Trust Inc

NYSE PDM

Data sourced from iex and EODHD
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Piedmont Office Realty Trust Inc Depreciation and Amortization 3 year CAGR for the quarter ending March 31, 2024: 4.09%

Piedmont Office Realty Trust Inc Depreciation and Amortization 3 year CAGR is 4.09% for the quarter ending March 31, 2024, a 2.22% change year over year. Depreciation and Amortization involve the systematic allocation of the cost of tangible and intangible assets over their useful lives. 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 Depreciation and Amortization for the quarter ending March 31, 2023 was USD 55.58 M, a 7.65% change year over year.
  • Piedmont Office Realty Trust Inc Depreciation and Amortization for the quarter ending March 31, 2022 was USD 51.63 M, a 4.86% change year over year.
  • Piedmont Office Realty Trust Inc Depreciation and Amortization for the quarter ending March 31, 2021 was USD 49.23 M, a -0.34% change year over year.
  • Piedmont Office Realty Trust Inc Depreciation and Amortization for the quarter ending March 31, 2020 was USD 49.40 M, a 15.02% 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 19, 2024

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