Piedmont Realty Trust Debt-to-Equity Ratio Growth & History (PDM)
Piedmont Realty Trust's debt-to-equity ratio was 1.49 for fiscal 2025.
View full Piedmont Realty Trust company overviewPiedmont Realty Trust annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.49 | 0.09 | +6.23% |
| 2024 | 2024-12-31 | 1.40 | 0.21 | +17.35% |
| 2023 | 2023-12-31 | 1.19 | 0.12 | +11.17% |
| 2022 | 2022-12-31 | 1.07 | 0.02 | +2.11% |
| 2021 | 2021-12-31 | 1.05 | 0.20 | +22.92% |
| 2020 | 2020-12-31 | 0.86 | 0.04 | +4.93% |
| 2019 | 2019-12-31 | 0.82 | −0.17 | −17.27% |
| 2018 | 2018-12-31 | 0.99 | 0.12 | +13.25% |
| 2017 | 2017-12-31 | 0.87 | −0.09 | −9.74% |
| 2016 | 2016-12-31 | 0.96 | 0.01 | +0.82% |
| 2015 | 2015-12-31 | 0.96 | −0.03 | −2.67% |
| 2014 | 2014-12-31 | 0.98 | 0.17 | +20.69% |
| 2013 | 2013-12-31 | 0.81 | 0.28 | +51.65% |
| 2012 | 2012-12-31 | 0.54 | 0.01 | +1.04% |
| 2011 | 2011-12-31 | 0.53 | — | — |
Piedmont Realty Trust quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.54 | 0.13 | +9.50% |
| Q1 2026 | 2026-03-31 | 1.52 | 0.12 | +8.50% |
| Q4 2025 | 2025-12-31 | 1.49 | 0.09 | +6.23% |
| Q3 2025 | 2025-09-30 | 1.43 | 0.06 | +4.70% |
| Q2 2025 | 2025-06-30 | 1.41 | 0.07 | +5.01% |
| Q1 2025 | 2025-03-31 | 1.40 | 0.17 | +13.74% |
| Q4 2024 | 2024-12-31 | 1.40 | 0.21 | +17.35% |
| Q3 2024 | 2024-09-30 | 1.36 | 0.20 | +17.47% |
| Q2 2024 | 2024-06-30 | 1.34 | 0.20 | +17.51% |
| Q1 2024 | 2024-03-31 | 1.23 | 0.02 | +1.93% |
| Q4 2023 | 2023-12-31 | 1.19 | 0.12 | +11.17% |
| Q3 2023 | 2023-09-30 | 1.16 | −0.03 | −2.79% |
| Q2 2023 | 2023-06-30 | 1.14 | 1.14 | +10350972.02% |
| Q1 2023 | 2023-03-31 | 1.21 | 1.21 | +5526279.65% |
| Q4 2022 | 2022-12-31 | 1.07 | 0.02 | +2.11% |
| Q3 2022 | 2022-09-30 | 1.19 | 0.30 | +33.38% |
| Q2 2022 | 2022-06-30 | 0.00 | −0.89 | −100.00% |
| Q1 2022 | 2022-03-31 | 0.00 | — | — |
| Q4 2021 | 2021-12-31 | 1.05 | 0.20 | +22.92% |
| Q3 2021 | 2021-09-30 | 0.90 | — | — |
| Q2 2021 | 2021-06-30 | 0.89 | — | — |
| Q4 2020 | 2020-12-31 | 0.86 | 0.04 | +4.93% |
| Q4 2019 | 2019-12-31 | 0.82 | −0.17 | −17.27% |
| Q3 2019 | 2019-09-30 | 1.12 | 0.13 | +13.02% |
| Q2 2019 | 2019-06-30 | 0.98 | −0.01 | −1.15% |
| Q1 2019 | 2019-03-31 | 0.91 | −0.04 | −3.78% |
| Q4 2018 | 2018-12-31 | 0.99 | 0.12 | +13.25% |
| Q3 2018 | 2018-09-30 | 0.99 | 0.21 | +26.26% |
| Q2 2018 | 2018-06-30 | 0.99 | 0.00 | +0.04% |
| Q1 2018 | 2018-03-31 | 0.95 | −0.05 | −4.60% |
| Q4 2017 | 2017-12-31 | 0.87 | −0.09 | −9.74% |
| Q3 2017 | 2017-09-30 | 0.78 | −0.17 | −17.96% |
| Q2 2017 | 2017-06-30 | 0.99 | 0.10 | +11.40% |
| Q1 2017 | 2017-03-31 | 0.99 | 0.03 | +3.16% |
| Q4 2016 | 2016-12-31 | 0.96 | 0.01 | +0.82% |
| Q3 2016 | 2016-09-30 | 0.96 | −0.20 | −17.65% |
| Q2 2016 | 2016-06-30 | 0.89 | −0.14 | −13.82% |
| Q1 2016 | 2016-03-31 | 0.96 | −0.06 | −5.67% |
| Q4 2015 | 2015-12-31 | 0.96 | −0.03 | −2.67% |
| Q3 2015 | 2015-09-30 | 1.16 | 0.21 | +21.47% |
| Q2 2015 | 2015-06-30 | 1.03 | 0.13 | +15.04% |
| Q1 2015 | 2015-03-31 | 1.02 | 0.16 | +19.23% |
| Q4 2014 | 2014-12-31 | 0.98 | 0.17 | +20.69% |
| Q3 2014 | 2014-09-30 | 0.96 | 0.23 | +32.06% |
| Q2 2014 | 2014-06-30 | 0.89 | — | — |
| Q1 2014 | 2014-03-31 | 0.85 | — | — |
| Q4 2013 | 2013-12-31 | 0.81 | 0.28 | +51.65% |
| Q3 2013 | 2013-09-30 | 0.72 | — | — |
| Q4 2012 | 2012-12-31 | 0.54 | 0.01 | +1.04% |
| Q4 2011 | 2011-12-31 | 0.53 | — | — |
Piedmont Realty Trust debt-to-equity ratio trends
Over the last five fiscal years, Piedmont Realty Trust's debt-to-equity ratio increased from 0.86 to 1.49, a change of 0.63. The latest reported quarter, Q2 2026, shows 1.54.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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