GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Piedmont Office Realty Trust Inc (NYSE:PDM) » Definitions » Capex-to-Operating-Income

Piedmont Office Realty Trust (Piedmont Office Realty Trust) Capex-to-Operating-Income : 2.67 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Piedmont Office Realty Trust Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Piedmont Office Realty Trust's Capital Expenditure for the three months ended in Dec. 2023 was $-44.80 Mil. Its Operating Income for the three months ended in Dec. 2023 was $16.80 Mil.

Hence, Piedmont Office Realty Trust's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 2.67.


Piedmont Office Realty Trust Capex-to-Operating-Income Historical Data

The historical data trend for Piedmont Office Realty Trust's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Piedmont Office Realty Trust Capex-to-Operating-Income Chart

Piedmont Office Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 1.27 1.52 1.44 2.05

Piedmont Office Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.24 1.90 1.81 1.92 2.67

Competitive Comparison of Piedmont Office Realty Trust's Capex-to-Operating-Income

For the REIT - Office subindustry, Piedmont Office Realty Trust's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Piedmont Office Realty Trust's Capex-to-Operating-Income Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Piedmont Office Realty Trust's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Piedmont Office Realty Trust's Capex-to-Operating-Income falls into.



Piedmont Office Realty Trust Capex-to-Operating-Income Calculation

Piedmont Office Realty Trust's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-158.191) / 77.261
=2.05

Piedmont Office Realty Trust's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-44.799) / 16.801
=2.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Piedmont Office Realty Trust  (NYSE:PDM) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Piedmont Office Realty Trust Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of Piedmont Office Realty Trust's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Piedmont Office Realty Trust (Piedmont Office Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
5565 Glenridge Connector, Suite 450, Atlanta, GA, USA, 30342
Piedmont Office Realty Trust Inc is a real estate investment trust engaged in the acquisition, development, and management of commercial real estate properties throughout the U.S. The company's real estate portfolio is mainly composed of office properties located in the majority of American metropolitan areas. Piedmont derives majority of its revenue in the form of rental income from tenants in mid- to long-term lease agreements. The vast majority of the company's revenue comes from the leasing of its assets in Washington D.C., New York City, Chicago, Atlanta, Minneapolis, Dallas, and Boston. Piedmont's large customers in terms of rental revenue are U.S. Government entities, business services companies, and financial institutions.
Executives
Dale H. Taysom director 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
Kelly Hefner Barrett director 4630 WYNMEADE PARK, MARIETTA GA 30067
Barbara B Lang director 8270 GREENSBORO DRIVE, SUITE 500, MCLEAN VA 22102
Jeffrey L. Swope director 5565 GLENRIDGE CONNECTOR, STE 450, ATLANTA GA 30342
Guilbert Edward H Iii officer: EVP - Finance & Treasurer 5565 GLENRIDGE CONNECTOR, SUITE 450, ATLANTA GA 30342
Robert E Bowers officer: Chief Financial Officer 5565 GLENRIDGE CONNECTOR, STE 450, ATLANTA GA 30342
Christopher Brent Smith officer: EVP- NY Region & Strategic Inv 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
Mary M. Hager director 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
Frank C Mcdowell director PO BOX 29390, SAN FRANCISCO CA 94129-0350
Glenn Gary Cohen director 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Venkatesh S. Durvasula director 39 INDIAN MILL ROADH, COS COB CT 06807
Laura P Moon officer: Chief Accounting Officer 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
George M. Wells officer: EVP- Southeast Region 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
Mizuho Securities Usa Llc other: See Remarks 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Alex Valente officer: EVP- Southeast Region 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342