PDM (Piedmont Realty Trust) Interest Coverage: 0.65 (As of Jun. 2026) — 59% Below 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 Interest Coverage?

Piedmont Realty Trust PDM -2.71% 66 Interest Coverage is 0.65 as of Jun. 2026, which is 59% below its 10-year median of 1.60. 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 683 REITs companies, Piedmont Realty Trust ranks worse than 93.12% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Piedmont Realty Trust's Operating Income for the three months ended in Jun. 2026 was $20.6 Mil. Piedmont Realty Trust's Interest Expense for the three months ended in Jun. 2026 was $-31.9 Mil. Piedmont Realty Trust's interest coverage for the quarter that ended in Jun. 2026 was 0.65. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Piedmont Realty Trust Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for Piedmont Realty Trust's Interest Coverage or its related term are showing as below:

PDM' s Interest Coverage Range Over the Past 10 Years
Min: 0.6   Med: 1.6   Max: 1.9
Current: 0.6


PDM's Interest Coverage is ranked worse than
93.12% of 683 companies
in the REITs industry
Industry Median: 3.07 vs PDM: 0.60

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Piedmont Realty Trust  (NYSE:PDM) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Piedmont Realty Trust Interest Coverage Related Terms


Piedmont Realty Trust Interest Coverage Historical Data

* Premium members only.

The historical data trend for Piedmont Realty Trust's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Piedmont Realty Trust Interest Coverage Chart

Piedmont Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 1.28 0.76 0.60 0.62

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
Interest Coverage 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 0.67 0.57 0.58 0.59 0.65

PDM vs DEA, ESBA, HPP: Interest Coverage Comparison

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

For the REITs industry and Real Estate sector, Piedmont Realty Trust's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Piedmont Realty Trust's Interest Coverage falls into.


PDM
66GF Score
Piedmont Realty Trust Inc PDM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Piedmont Realty Trust Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Piedmont Realty Trust's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Piedmont Realty Trust's Interest Expense was $-128.0 Mil. Its Operating Income was $79.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,249.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*79.445/-128.005
=0.62

Piedmont Realty Trust's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Piedmont Realty Trust's Interest Expense was $-31.9 Mil. Its Operating Income was $20.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,272.2 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*20.588/-31.874
=0.65

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0.65 mean?
Piedmont Realty Trust (PDM) has a Interest Coverage of 0.65 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Piedmont Realty Trust and its competitors. This is 59% below median its historical median of 1.60. Over the past decade, Piedmont Realty Trust's Interest Coverage has ranged from 0.60 to 1.90. According to the industry distribution chart, Piedmont Realty Trust ranks #636 out of 683 companies in the REITs industry, placing it in the top 93.1%.
Is Piedmont Realty Trust's Interest Coverage too high?
Piedmont Realty Trust's current Interest Coverage of 0.65 is 59% below median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.90. The REITs industry median Interest Coverage is 3.07. Piedmont Realty Trust's value of 0.65 is 78.8% below this industry median. Based on the distribution chart, Piedmont Realty Trust ranks #636 out of 683 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 Interest Coverage compare to DEA and ESBA?
According to the REITs industry distribution chart, Piedmont Realty Trust ranks #636 out of 683 companies for Interest Coverage. This places Piedmont Realty Trust in the lower half of its industry. The industry median Interest Coverage is 3.07. Piedmont Realty Trust's value of 0.65 is 78.8% below this benchmark. Historically, Piedmont Realty Trust's own Interest Coverage has ranged from 0.60 to 1.90 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 3.07, Piedmont Realty Trust has consistently been below 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 Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.07, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Piedmont Realty Trust's current Interest Coverage of 0.65 is 78.8% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Piedmont Realty Trust and its competitors. For the REITs industry, the median Interest Coverage is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piedmont Realty Trust's current Interest Coverage is 0.65, which is 59% below median its own 10-year median of 1.60. 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 Interest Coverage is 0.65, which is 59% below median its 10-year median of 1.60 and 78.8% below the REITs industry median of 3.07. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Piedmont Realty Trust (PDM), the current Interest Coverage is 0.65 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:

  • Interest Coverage: 0.65 (59% below median its 10-year median of 1.60)
  • GF Value™: $7.56 vs. price of $9.69 (28.2% above fair value)
  • GF Score™: 66/100 with 10 warning signs
  • Industry Position: 78.8% below the REITs median (#636 of 683)

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

Get the complete analysis for PDM

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

$9.69
Price
$7.56
GF Value