Piedmont Realty Trust (PDM) Asset Writedowns and Impairment (2010 - 2024)
Piedmont Realty Trust's (PDM) quarterly Asset Writedowns and Impairment came in at $15.4 million in Q4 2024, down 16.71% YoY from $18.5 million in Q1 2024, and down 16.45% on a QoQ basis from $18.4 million in Q1 2024.
Piedmont Realty Trust (PDM) Asset Writedowns and Impairment (2010 - 2024) Analysis & Trends
Piedmont Realty Trust (PDM) has 9 years of Asset Writedowns and Impairment data on file, last reported at $15.4 million in Q4 2024.
- Quarterly Asset Writedowns and Impairment fell 16.71% year-over-year to $15.4 million in Q4 2024, while the trailing twelve-month figure through Sep 2025 was $15.4 million (down 58.29% YoY) and the FY2024 annual result came in at $33.8 million, up 14.9% from the prior year.
- Asset Writedowns and Impairment eased to $15.4 million in Q4 2024, from $18.4 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $18.5 million in Q4 2023 to a low of -$4.9 million in Q3 2020.
- A 3-year average of $11.7 million and a median of $15.4 million in 2024 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment slumped 349.1% — and 2024, when it dropped 16.71%.
- Tracing PDM's Asset Writedowns and Impairment over 3 years: stood at -$4.9 million in 2020, then soared by 480.04% to $18.5 million in 2023, then retreated by 16.71% to $15.4 million in 2024.
- The last three Asset Writedowns and Impairment figures came in at $15.4 million (Q4 2024), $18.4 million (Q1 2024), and $18.5 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.12 Bn | 8.01 Bn | - |
| 2 | Cousins Properties | 4.87 Bn | 4.87 Bn | 183.86 Mn |
| 3 | Kilroy Realty | 4.25 Bn | 4.25 Bn | 212.24 Mn |
| 4 | Copt Defense Properties | 4.20 Bn | 4.20 Bn | 191.37 Mn |
| 5 | Sl Green Realty | 4.07 Bn | 4.07 Bn | 263.98 Mn |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - |
| 7 | Douglas Emmett | 1.98 Bn | 1.62 Bn | 178.95 Mn |
| 8 | Empire State Realty OP | 1.26 Bn | 1.26 Bn | - |
| 9 | Piedmont Realty Trust | 1.21 Bn | 1.21 Bn | 88.14 Mn |
| 10 | Easterly Government Properties | 1.14 Bn | 1.14 Bn | 72.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 15.40 Mn |
| Dec 31, 2024 | 15.40 Mn |
| Mar 31, 2024 | 18.43 Mn |
| Mar 31, 2024 | 18.43 Mn |
| Dec 31, 2023 | 18.49 Mn |
| Dec 31, 2023 | 18.49 Mn |
| Sep 30, 2023 | 10.96 Mn |
| Sep 30, 2023 | 10.96 Mn |
| Sep 30, 2020 | -4.87 Mn |
| Sep 30, 2020 | -4.87 Mn |
| Dec 31, 2019 | 7.00 Mn |
| Dec 31, 2019 | 7.00 Mn |
| Sep 30, 2019 | 1.95 Mn |
| Sep 30, 2019 | 1.95 Mn |
| Dec 31, 2017 | 46.46 Mn |
| Dec 31, 2017 | 46.46 Mn |
| Sep 30, 2016 | 22.95 Mn |
| Sep 30, 2016 | 22.95 Mn |
| Jun 30, 2016 | 10.95 Mn |
| Jun 30, 2016 | 10.95 Mn |