Piedmont Realty Trust (PDM) Asset Writedowns and Impairment (2013 - 2024)
Piedmont Realty Trust (PDM) reported Asset Writedowns and Impairment of $15.4 million for Q4 2024, down 16.71% on a YoY basis from $18.5 million in Q1 2024, and down 16.45% quarter-over-quarter from $18.4 million in Q1 2024.
Piedmont Realty Trust (PDM) Asset Writedowns and Impairment (2013 - 2024) Analysis & Trends
Piedmont Realty Trust has reported Asset Writedowns and Impairment for 8 years, with the latest figure at $15.4 million in Q4 2024.
- For the quarter ending Q4 2024, Asset Writedowns and Impairment fell 16.71% year-over-year to $15.4 million; the trailing twelve-month figure through Sep 2025 stood at $15.4 million (down 58.29% YoY), and the FY2024 full-year result was $33.8 million, up 14.9% from the prior year.
- Asset Writedowns and Impairment for Q4 2024 stood at $15.4 million, down from $18.4 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $18.5 million in Q4 2023, with the low at -$4.9 million in Q3 2020.
- Historically, Asset Writedowns and Impairment has averaged $11.7 million across 3 years, with a median of $15.4 million in 2024.
- Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment slumped 349.1% — and 2024, when it dropped 16.71%.
- Piedmont Realty Trust's Asset Writedowns and Impairment 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 | 9.03 Bn | 9.03 Bn | - |
| 2 | Cousins Properties | 4.85 Bn | 4.87 Bn | 180.52 Mn |
| 3 | Kilroy Realty | 4.57 Bn | 4.57 Bn | -59.85 Mn |
| 4 | Sl Green Realty | 3.90 Bn | 4.01 Bn | 252.80 Mn |
| 5 | Copt Defense Properties | 3.85 Bn | 3.90 Bn | 195.09 Mn |
| 6 | Highwoods Properties | 3.25 Bn | 3.27 Bn | - |
| 7 | Douglas Emmett | 2.11 Bn | 3.29 Bn | 176.48 Mn |
| 8 | Empire State Realty OP | 1.49 Bn | 1.49 Bn | - |
| 9 | Piedmont Realty Trust | 1.15 Bn | 1.15 Bn | 85.99 Mn |
| 10 | Easterly Government Properties | 1.12 Bn | 1.17 Bn | 71.01 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 | 8.95 Mn |
| Dec 31, 2019 | 8.95 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 |