Office Properties Income Trust vs Piedmont Realty Trust
Piedmont Realty Trust is the larger business, with $565m of revenue in fiscal 2025 against $443m for Office Properties Income Trust (1.3 times as much). Piedmont Realty Trust grew faster (-0.9% against -11.8%). Piedmont Realty Trust kept more of each dollar of sales as profit: a net margin of -14.8% against -61.5%. Piedmont Realty Trust carries less debt relative to equity (150.4% against 276.0%).
| Latest fiscal year | Office Properties Income TrustOPI, 2025 | Piedmont Realty TrustPDM, 2025 |
|---|---|---|
| Revenue | $443m | $565m |
| Revenue growth | -11.8% | -0.9% |
| Net income | −$272m | −$83.6m |
| Operating margin | — | — |
| Net margin | -61.5% | -14.8% |
| Return on equity | -26.8% | -5.4% |
| Free cash flow | −$6.6m | $141m |
| Cash | $29.5m | $731,000 |
| Total debt | $2.43bn | $2.25bn |
| Debt to equity | 276.0% | 150.4% |
| Dividend per share | $0.02 | — |
| Dividend yield | 0.3% | 0.0% |
| Share buybacks | $32,000 | — |
| Employees | 900 | 140 |
| Market value | $289m | $1.19bn |
| Price vs our value range | — | — |
| Moat score | — | 56 (Moderate) |
| Insider trades, 12 months | 0 buys, 8 sales | 0 buys, 0 sales |