PDM (Piedmont Realty Trust) Debt-to-Equity: 1.54 (As of Jun. 2026) — 52% Above Median

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PDM Piedmont Realty Trust Inc PDM
66 GF Score
Price $9.69
GF Value $7.56
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Piedmont Realty Trust Debt-to-Equity?

Piedmont Realty Trust PDM -2.71% 66 Debt-to-Equity is 1.54 as of Jun. 2026, which is 52% above its 10-year median of 1.01. GuruFocus rates PDM with a GF Score™ of 66/100 and a GF Value™ of $7.56 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 682 REITs companies, Piedmont Realty Trust ranks worse than 85.04% on this metric.

Piedmont Realty Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $0.0 Mil. Piedmont Realty Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $2,272.2 Mil. Piedmont Realty Trust's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $1,473.5 Mil. Piedmont Realty Trust's debt to equity for the quarter that ended in Jun. 2026 was 1.54.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Piedmont Realty Trust's Debt-to-Equity or its related term are showing as below:

PDM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.8   Med: 1.01   Max: 1.54
Current: 1.54

During the past 13 years, the highest Debt-to-Equity Ratio of Piedmont Realty Trust was 1.54. The lowest was 0.80. And the median was 1.01.

PDM's Debt-to-Equity is ranked worse than
85.04% of 682 companies
in the REITs industry
Industry Median: 0.78 vs PDM: 1.54

Piedmont Realty Trust  (NYSE:PDM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Piedmont Realty Trust Debt-to-Equity Related Terms


Piedmont Realty Trust Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Piedmont Realty Trust's Debt-to-Equity 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.

Piedmont Realty Trust Debt-to-Equity Chart

Piedmont Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 1.10 1.22 1.42 1.51

Piedmont Realty Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity 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 1.43 1.45 1.51 1.54 1.54

PDM vs DEA, ESBA, HPP: Debt-to-Equity Comparison

For the REIT - Office subindustry, Piedmont Realty Trust's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Realty Trust Debt-to-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Piedmont Realty Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Piedmont Realty Trust's Debt-to-Equity falls into.


PDM
66GF Score
Piedmont Realty Trust Inc PDM
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Piedmont Realty Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Piedmont Realty Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Piedmont Realty Trust's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.54 mean?
Piedmont Realty Trust (PDM) has a Debt-to-Equity of 1.54 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Piedmont Realty Trust and its competitors. This is 52% above median its historical median of 1.01. Over the past decade, Piedmont Realty Trust's Debt-to-Equity has ranged from 0.80 to 1.54. According to the industry distribution chart, Piedmont Realty Trust ranks #580 out of 682 companies in the REITs industry, placing it in the top 85%.
Is Piedmont Realty Trust's Debt-to-Equity too high?
Piedmont Realty Trust's current Debt-to-Equity of 1.54 is 52% above median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 1.54. The REITs industry median Debt-to-Equity is 0.78. Piedmont Realty Trust's value of 1.54 is 97.4% above this industry median. Based on the distribution chart, Piedmont Realty Trust ranks #580 out of 682 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Piedmont Realty Trust has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Piedmont Realty Trust's Debt-to-Equity compare to DEA and ESBA?
According to the REITs industry distribution chart, Piedmont Realty Trust ranks #580 out of 682 companies for Debt-to-Equity. This places Piedmont Realty Trust in the lower half of its industry. The industry median Debt-to-Equity is 0.78. Piedmont Realty Trust's value of 1.54 is 97.4% above this benchmark. Historically, Piedmont Realty Trust's own Debt-to-Equity has ranged from 0.80 to 1.54 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 0.78, Piedmont Realty Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a REITs company?
The median Debt-to-Equity among REITs companies is 0.78, based on 682 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Piedmont Realty Trust's current Debt-to-Equity of 1.54 is 97.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Piedmont Realty Trust and its competitors. For the REITs industry, the median Debt-to-Equity is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piedmont Realty Trust's current Debt-to-Equity is 1.54, which is 52% above median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piedmont Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Piedmont Realty Trust (PDM) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.56, compared to a current price of $9.69 — trading 28.2% above its estimated fair value. The current Debt-to-Equity is 1.54, which is 52% above median its 10-year median of 1.01 and 97.4% above the REITs industry median of 0.78. Piedmont Realty Trust's overall GF Score™ is 66/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Piedmont Realty Trust (PDM), the current Debt-to-Equity is 1.54 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Piedmont Realty Trust (PDM) Overvalued in 2026?

Based on GuruFocus' analysis, Piedmont Realty Trust stock appears to be overvalued. The current stock price of $9.69 is trading 28.2% above its estimated GF Value™ of $7.56. GuruFocus considers Piedmont Realty Trust to be Modestly Overvalued.

Key valuation signals for PDM:

  • Debt-to-Equity: 1.54 (52% above median its 10-year median of 1.01)
  • GF Value™: $7.56 vs. price of $9.69 (28.2% above fair value)
  • GF Score™: 66/100 with 10 warning signs
  • Industry Position: 97.4% above the REITs median (#580 of 682)

No single metric tells the full story. See the PDM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Piedmont Realty Trust Business Description

Industry Real EstateREITs
Address 5565 Glenridge Connector, Suite 450, Atlanta, GA, USA, 30342
Piedmont Realty Trust Inc is a fully integrated, self-managed real estate investment company focused on delivering an exceptional office environment. As an owner, manager, developer and operator of 16 MM SF of Class A properties across U.S. Sunbelt markets, Piedmont Realty Trust is known for its hospitality-driven approach and commitment to transforming buildings into Piedmont PLACEs that enhance each client's workplace experience.
66GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.69
Price
$7.56
GF Value