Piedmont Realty Trust, Inc. (PDM)
Piedmont Office Realty Trust, Inc. (PDM), traded on the NYSE, is a real estate investment trust that acquires, manages, develops, and operates premium, Class A office properties. These assets are strategically situated in key sub-markets across seven major Eastern U.S. office markets, with the Sunbelt region contributing the majority of its revenue. The company's geographically diversified portfolio encompasses approximately 17 million square feet, valued at roughly $5 billion. As a self-managed and fully integrated REIT, Piedmont maintains local management teams within each of its operational markets and holds investment-grade credit ratings from S&P Global Ratings (BBB) and Moody's (Baa2). Demonstrating its commitment to sustainability, by the close of the third quarter, approximately 63% of its portfolio was ENERGY STAR certified, and around 41% had achieved LEED certification.
Sector: Opeators of Nonresidential Buildings
Industry: REIT - Office
Piedmont Office Realty Trust, Inc.
NYSE:PDMReal Estate · REIT - Office
+0.52%$9.68
AH Close$9.68+0.00%vs close
AH Close$9.68+0.00%vs close
Mkt Cap$1.21B
Float122.87M
O/S125.13M
Inst Own93.3%
SI7.6%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$564.99M
Net Income-$83.6M
Total Assets$4.03B
Free Cash Flow-$16.68M
Debt & Equity
Debt 60%
Equity 40%
Total Debt$2.27B
Total Equity$1.5B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in PDM's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$4.03B
Liabilities$2.53B
Accounts Receivable$220.44M
Accounts Payable$172.88M
Inventory$0
PP&E (Net)$3.38B
Goodwill$53.49M
Intangible Assets$118.19M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 |
| Revenue | $564.99M | $570.32M | $577.76M | $563.77M | $528.71M | $535.02M | $533.18M | $525.97M | $574.17M | $555.72M | $584.77M | $566.25M | $554.5M | $536.38M | $541.64M | $588.84M | $604.88M | $621.97M | $593.25M | $579.31M | $564.01M | $622.1M | $377.6M | $124.4M |
| YoY Growth | -0.9% | -1.3% | 2.5% | 6.6% | -1.2% | 0.3% | 1.4% | -8.4% | 3.3% | -5.0% | 3.3% | 2.1% | 3.4% | -1.0% | -8.0% | -2.7% | -2.7% | 4.8% | 2.4% | 2.7% | -9.3% | 64.8% | 203.5% | - |
| Cost of Revenue | $682.05M | $234.12M | $235.09M | $226.06M | $210.93M | $214.93M | $211.38M | $209.34M | $220.63M | $218.93M | $242M | $239.44M | $222.98M | $212.93M | $208.71M | $217.87M | $229.81M | $221.28M | $212.18M | $227.03M | $214.56M | $186.2M | $110.3M | $24.8M |
| Gross Profit | -$117.06M | $336.2M | $342.67M | $337.71M | $317.78M | $320.09M | $321.8M | $316.63M | $353.54M | $336.78M | $342.77M | $326.82M | $331.53M | $323.45M | $332.93M | $370.97M | $375.07M | $400.69M | $381.07M | $352.27M | $349.45M | $435.9M | $267.3M | $99.6M |
| Gross Margin | -20.7% | 58.9% | 59.3% | 59.9% | 60.1% | 59.8% | 60.4% | 60.2% | 61.6% | 60.6% | 58.6% | 57.7% | 59.8% | 60.3% | 61.5% | 63.0% | 62.0% | 64.4% | 64.2% | 60.8% | 62.0% | 70.1% | 70.8% | 80.1% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $30.59M | $35.42M | $29.19M | $29.13M | $30.25M | $27.46M | $34.72M | $29.71M | $31.13M | $29.24M | $30.37M | $23.82M | $21.88M | $20.77M | $24.84M | $29.2M | $28.27M | $35.04M | $41.79M | $20.91M | $18.51M | $44.1M | $24.2M | $9.9M |
| Other | -$227.09M | $226.54M | $236.21M | $224.55M | $206.61M | $203.87M | $0 | $1.64M | $657K | -$13K | $1.56M | $62K | $168.21M | -$5.17M | $184.56M | $178.1M | $191.64M | $196.83M | $212.66M | $186.48M | $169.52M | $164.5M | $117.5M | $38.3M |
| Total Operating Expenses | -$196.5M | $261.96M | $265.4M | $253.68M | $236.86M | $231.33M | $34.72M | $200.96M | $225.78M | $232.1M | $225.76M | $219M | $190.1M | $183.67M | $184.56M | $178.1M | $191.64M | $196.83M | $212.66M | $186.48M | $169.52M | $208.6M | $141.7M | $48.2M |
| Operating Income (EBIT) | $79.44M | $74.24M | $77.26M | $84.03M | $80.92M | $88.76M | $287.08M | $115.67M | $81.3M | $73.79M | $76.84M | $107.82M | $140.19M | $139.78M | $148.37M | $192.86M | $183.43M | $203.85M | $168.41M | $165.79M | $179.93M | $227.2M | $125.6M | $51.4M |
| Operating Margin | 14.1% | 13.0% | 13.4% | 14.9% | 15.3% | 16.6% | 53.8% | 22.0% | 14.2% | 13.3% | 13.1% | 19.0% | 25.3% | 26.1% | 27.4% | 32.8% | 30.3% | 32.8% | 28.4% | 28.6% | 31.9% | 36.5% | 33.3% | 41.3% |
| Interest Expense | $128M | $122.98M | $101.26M | $65.66M | $51.29M | $54.99M | $61.59M | $61.02M | $68.12M | $64.86M | $74M | $74.45M | $75.94M | $65.02M | $65.82M | $72.76M | $77.74M | $74.85M | $63.87M | $61.33M | $49.32M | $42.68M | -$18.49M | -$4.64M |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.35M | $0 | $2.77M | $3.49M | $4.45M | $3.73M | $4.6M | $2.54M | $5.8M | $0 | $0 | $0 |
| Other Income (Expense) | -$163.05M | -$153.3M | -$125.64M | $62.8M | -$82.09M | $143.93M | -$57.66M | $14.63M | $59.84M | -$67.48M | -$116.01M | -$67.74M | -$65.01M | -$75.94M | -$58.76M | -$40.95M | -$102.02M | -$72.85M | -$34.8M | -$60.45M | $4.47M | -$19.63M | -$6.8M | $8.45M |
| Income Before Tax (EBT) | -$83.6M | -$79.06M | -$48.38M | $146.83M | -$1.17M | $232.69M | $229.42M | $54.6M | $17.68M | $9.31M | $4.68M | $40.08M | $71.49M | $63.84M | $89.52M | $126.22M | $74.7M | $131.31M | $133.61M | $133.32M | $329.13M | $198M | $118.8M | $58.4M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $160K | -$42K | -$43.26M | -$33.37M | -$92.19M | $0 | $45.02M | $36.58M | -$68.09M | $82.29M | $108.83M | $72.81M | $38.6M | $34.66M | -$134.44M | $13.48M | -$25.29M | $2.36M |
| Net Income | -$83.6M | -$79.07M | -$48.39M | $146.83M | -$1.15M | $232.69M | $229.26M | $130.3M | $133.56M | $107.89M | $172.99M | $43.35M | $98.73M | $93.2M | $225.04M | $120.38M | $74.7M | $131.31M | $133.61M | $133.32M | $329.13M | $209.7M | $120.7M | $59.9M |
| Net Income Margin | -14.8% | -13.9% | -8.4% | 26.0% | -0.2% | 43.5% | 43.0% | 24.8% | 23.3% | 19.4% | 29.6% | 7.7% | 17.8% | 17.4% | 41.5% | 20.4% | 12.3% | 21.1% | 22.5% | 23.0% | 58.4% | 33.7% | 32.0% | 48.2% |
| Supplementary Data | ||||||||||||||||||||||||
| EPS | -0.67 | -0.64 | -0.39 | 1.19 | -0.01 | 1.85 | 1.32 | 1.03 | 0.94 | 0.74 | 1.19 | 0.28 | 0.63 | 0.56 | 1.30 | 0.71 | 0.47 | 0.28 | 0.28 | 0.29 | 0.71 | 1.35 | 0.39 | 1.24 |
| Diluted EPS | -0.67 | -0.64 | -0.39 | 1.19 | -0.01 | 1.85 | 1.32 | 1.00 | 0.92 | 0.74 | 1.15 | 0.28 | 0.60 | 0.55 | 1.30 | 0.70 | 0.47 | 0.28 | 0.28 | 0.29 | 0.71 | 1.35 | 0.39 | 1.24 |
| Weighted Average OS | 124.44M | 123.94M | 123.66M | 123.35M | 123.98M | 125.73M | 125.71M | 126.22M | 142.36M | 145.24M | 145.51M | 154.32M | 157.46M | 167.56M | 172.76M | 170.75M | 158.94M | 476.54M | 482.09M | 461.69M | 466.29M | 155.40M | 306.81M | 48.50M |
| EBITDA | $268.52M | $264.85M | $279.73M | $427.88M | $249.4M | $283.87M | $282.02M | $357.6M | $394.9M | $273.27M | $312.34M | $309.53M | $235.35M | $285.69M | $250.25M | $321.14M | $267.87M | $365.96M | $342.75M | $329.4M | $337.24M | $349.33M | $219.61M | $95.16M |
| EBITDA Margin | 47.5% | 46.4% | 48.4% | 75.9% | 47.2% | 53.1% | 52.9% | 68.0% | 68.8% | 49.2% | 53.4% | 54.7% | 42.4% | 53.3% | 46.2% | 54.5% | 44.3% | 58.8% | 57.8% | 56.9% | 59.8% | 56.2% | 58.2% | 76.5% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 |
| Assets | ||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||
| Cash and Cash Equivalents | $731K | $109.64M | $825K | $16.54M | $7.42M | $7.33M | $13.54M | $4.57M | $7.38M | $6.99M | $5.44M | $12.31M | $6.97M | $12.96M | $139.69M | $56.72M | $10M | $20.33M | $65.02M | $44.13M | $48.97M | $51.1M | $64.5M | $45.46M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $731K | $109.64M | $825K | $16.54M | $7.42M | $7.33M | $13.54M | $4.57M | $7.38M | $6.99M | $5.44M | $12.31M | $6.97M | $12.96M | $139.69M | $56.72M | $10M | $20.33M | $65.02M | $44.13M | $48.97M | $51.1M | $64.5M | $45.46M |
| Accounts Receivable | $220.44M | $199.31M | $190.77M | $176.78M | $165.63M | $157.25M | $140.57M | $147.56M | $156.61M | $192.34M | $173.73M | $174.55M | $169.3M | $147.34M | $129.52M | $134.01M | $128.44M | $174.39M | $124.23M | $108.47M | $99.19M | $94.7M | $59.2M | $2.07M |
| Inventory | $0 | $0 | $0 | $3.06M | $0 | $0 | $0 | -$23.89M | -$21.14M | -$22.44M | -$19.67M | -$22.14M | -$24.38M | -$12.69M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $3.06M | $4.25M | $42.8M | $17.15M | $128.33M | $147.89M | $55.47M | $38.01M | $64.89M | $0 | $0 | $57.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.66B | $4.58B | $0 |
| Total Current Assets | $224.23M | $313.19M | $234.39M | $213.53M | $301.38M | $312.46M | $209.58M | $200.21M | $231.19M | $200.55M | $234.48M | $216.49M | $177.92M | $160.63M | $288.95M | $276.75M | $219.72M | $216.51M | $211.11M | $175.03M | $170.29M | $4.81B | $4.7B | $45.46M |
| Long-Term Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment Net | $3.38B | $0 | $0 | $3.39B | $3.09B | $2.9B | $2.73B | $2.61B | $2.75B | $3.02B | $3.53B | $3.48B | $3.86B | $3.56B | $3.62B | $3.6B | $3.67B | $3.91B | $3.92B | $4B | $3.99B | $4.29B | $4.14B | $0 |
| Goodwill | $53.49M | $53.49M | $53.49M | $82.94M | $98.92M | $98.92M | $98.92M | $98.92M | $98.92M | $180.1M | $180.1M | $180.1M | $180.1M | $180.1M | $180.1M | $180.1M | $180.1M | $180.39M | $180.37M | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $118.19M | $0 | $0 | $114.38M | $94.38M | $90.59M | $74.41M | $77.68M | $77.81M | $99.69M | $84.66M | $70.18M | $74.38M | $54.74M | $79.25M | $74.03M | $96.27M | $0 | $0 | $223.09M | $235.41M | $313.8M | $297.6M | $12.06M |
| Long-Term Investments | $3.42B | $0 | $0 | $4.18M | $0 | $0 | $0 | -$6.2B | $10K | $7.36M | $7.58M | $7.8M | $14.12M | $37.23M | $38.18M | $42.02M | $43.94M | $48.24M | $52.47M | $56.79M | $58.82M | $158.5M | $167.3M | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | -$3.39B | $0 | $0 | $0 | $3.59B | $4B | $4.37B | -$3.53B | -$3.48B | -$3.86B | -$3.56B | $0 | $0 | $96.27M | $0 | $0 | -$223.09M | -$235.41M | $0 | $0 | $0 |
| Other Long-Term Assets | -$3.16B | $3.75B | $3.77B | $3.67B | $348.94M | $332.85M | $405.44M | $3.22B | -$3.15B | -$3.43B | $3.93B | $4.32B | $4.22B | $3.82B | $236.55M | $197.79M | $91.79M | $204.12M | $212.99M | $214.85M | $176.19M | -$4.45B | -$4.37B | $0 |
| Total Long-Term Assets | $3.81B | $3.8B | $3.82B | $3.87B | $3.63B | $3.43B | $3.31B | $3.39B | $3.77B | $4.25B | $4.2B | $4.58B | $4.49B | $4.09B | $4.16B | $4.1B | $4.18B | $4.34B | $4.37B | $4.28B | $4.23B | $313.8M | $225.7M | $12.06M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $4.03B | $4.11B | $4.06B | $4.09B | $3.93B | $3.74B | $3.52B | $3.59B | $4B | $4.45B | $4.43B | $4.8B | $4.67B | $4.25B | $4.45B | $4.37B | $4.4B | $4.56B | $4.58B | $4.45B | $4.4B | $5.12B | $4.93B | $57.52M |
| Liabilities | ||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||
| Accounts Payable | $172.88M | $149.05M | $131.52M | $110.31M | $114.45M | $111.2M | $115.9M | $93.74M | $114.85M | $165.41M | $128.47M | $133.99M | $128.82M | $127.26M | $122.99M | $0 | $97.75M | $111.41M | $110.55M | $92.02M | $68.06M | $0 | $32.5M | $24.58M |
| Short-Term Debt | $111K | $250M | $50.15M | $0 | $0 | $27.94M | $0 | $0 | $0 | $140.83M | $0 | $434M | $575M | $0 | $185M | $0 | $1.52B | $1.52B | $1.3B | $1.24B | $1.04B | $0 | $0 | $248.19M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $107.03M | $89.93M | $59.98M | $0 | $0 | $0 | $28.78M | $29.58M | $28.41M | $27.27M | $22.21M | $22.27M | $21.55M | $27.32M | $35.2M | $34.51M | $24.92M | $28.88M | $24.12M | $22.3M | $32.47M | $28.02M | $11.58M |
| Other Current Liabilities | -$60.87M | -$250M | $0 | $0 | $26.05M | $25.68M | $34.08M | $8.78M | $23M | -$306.24M | -$128.47M | -$350.5M | -$703.82M | $479M | -$212.32M | $35.2M | $0 | $0 | $0 | $0 | $0 | $286.83M | $289.88M | $0 |
| Total Current Liabilities | $112.12M | $271.38M | $286.74M | $195.64M | $140.5M | $165.62M | $150.58M | $158.27M | $246.24M | $193.82M | $155.74M | $156.2M | $501.08M | $627.82M | $122.99M | $112.65M | $1.61B | $1.64B | $1.41B | $1.34B | $1.1B | $320.7M | $350.4M | $284.36M |
| Long-Term Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | $2.25B | $2.22B | $2B | $1.98B | $1.88B | $1.6B | $1.49B | $1.48B | $1.73B | $1.88B | $2.03B | $2.27B | $987.52M | $0 | $0 | $1.4B | $0 | $0 | $0 | $1.23M | $3.95M | $888.62M | $612.5M | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $28.78M | $29.58M | $28.41M | $27.27M | $22.21M | $22.27M | $21.55M | $27.32M | $35.2M | $34.51M | $24.92M | $28.88M | $24.12M | $22.3M | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$27.94M | -$27.72M | -$20.24M | -$17.28M | -$15.8M | -$17.74M | -$13.32M | $2.54M | $691K | $0 | $0 | $0 | $136.13M | $167.01M | $0 | $0 | $0 |
| Other Long-Term Liabilities | $148.17M | $8K | $0 | $0 | $120.03M | $72.33M | $60.68M | $208.24M | $5.28M | $12.8M | -$157.53M | -$98.58M | $444.21M | $1.53B | $1.57B | $126.4M | $139.69M | $195.08M | $251.79M | $97.24M | $106.16M | -$58.4M | $0 | $0 |
| Total Long-Term Liabilities | $2.42B | $2.26B | $2.05B | $2.04B | $2B | $1.68B | $1.55B | $1.72B | $1.77B | $2.08B | $2.08B | $2.33B | $1.7B | $986.57M | $1.55B | $1.49B | $174.19M | $220M | $280.68M | $258.72M | $299.43M | $890.2M | $612.5M | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $109.22M |
| Total Liabilities | $2.53B | $2.53B | $2.33B | $2.24B | $2.14B | $1.84B | $1.7B | $1.88B | $2.01B | $2.27B | $2.24B | $2.48B | $2.2B | $1.61B | $1.67B | $1.6B | $1.79B | $1.86B | $1.69B | $1.59B | $1.4B | $1.21B | $962.9M | $393.58M |
| Stockholders' Equity | ||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $339K | $0 | $0 | $160K | $0 | $0 | $798.43M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.25M | $1.24M | $1.24M | $1.23M | $1.23M | $1.24M | $1.26M | $1.26M | $1.42M | $1.45M | $1.46M | $1.54M | $1.57M | $1.68M | $1.73M | $1.73M | $1.59M | $4.79M | $4.89M | $4.66M | $4.69M | $4.7M | $4.7M | $0 |
| Retained Earnings | -$2.23B | -$2.13B | -$1.99B | -$1.86B | $0 | $0 | $0 | -$1.98B | -$1.7B | -$1.5B | -$1.48B | -$1.37B | -$1.23B | -$1.02B | -$891.03M | -$895.12M | -$798.56M | -$674.33M | $0 | $0 | $0 | -$295.9M | -$180.3M | $0 |
| Comprehensive Income & Other | -$8.97M | -$10.12M | $0 | -$8.68M | -$1.92B | -$1.8B | -$1.87B | $8.46M | $8.16M | $2.1M | $1.66M | $8.3M | $20.28M | -$7.16M | -$2.54M | -$691K | -$802.43M | -$8.96M | -$526.34M | -$376.77M | -$240.53M | $200K | $0 | $0 |
| Other Stockholders' Equity | $3.72B | $3.71B | $3.71B | $3.7B | $1.78B | $1.9B | $1.82B | $3.69B | $3.69B | $3.68B | $3.67B | $3.67B | $3.69B | $3.66B | $3.66B | $3.66B | $3.4B | $3.37B | $2.88B | $2.85B | $2.98B | $4.2B | $4.14B | $1.84B |
| Total Equity | $1.5B | $1.59B | $1.72B | $1.85B | $1.79B | $1.9B | $1.82B | $1.71B | $1.98B | $2.18B | $2.2B | $2.31B | $2.46B | $2.64B | $2.77B | $2.77B | $2.6B | $2.7B | $2.88B | $2.85B | $2.99B | $3.91B | $3.96B | $1.84B |
| Minority Interest | $1.5M | $1.52M | $1.56M | $1.59M | $1.63M | $1.68M | $1.73M | $1.77M | $1.82M | $1.88M | $1.02M | $1.61M | $1.61M | $1.61M | $1.61M | $6.23M | $5.72M | $5.25M | $6.55M | $6.05M | $5.41M | $0 | $0 | $0 |
| Total Liabilities and Equity | $4.03B | $4.11B | $4.06B | $4.08B | $3.93B | $3.74B | $3.52B | $3.59B | $4B | $4.45B | $4.43B | $4.79B | $4.66B | $4.25B | $4.45B | $4.37B | $4.39B | $4.55B | $4.57B | $4.44B | $4.39B | $5.12B | $4.93B | $2.23B |
| Supplementary Data | ||||||||||||||||||||||||
| Total Debt | $2.27B | $2.51B | $2.1B | $2.04B | $1.88B | $1.63B | $1.49B | $1.69B | $1.73B | $2.02B | $2.03B | $2.28B | $2B | $1.42B | $1.47B | $1.4B | $1.52B | $1.52B | $1.3B | $1.24B | $1.04B | $954.7M | $677M | $248.19M |
| Net Debt | $2.27B | $2.4B | $2.09B | $2.02B | $1.88B | $1.62B | $1.47B | $1.68B | $1.72B | $2.01B | $2.02B | $2.27B | $2B | $1.4B | $1.33B | $1.35B | $1.51B | $1.5B | $1.24B | $1.2B | $991.29M | $903.6M | $612.5M | $202.73M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 |
| Operating Activities | ||||||||||||||||||||||||
| Net Income | -$83.62M | -$79.06M | -$48.39M | $146.83M | -$1.17M | $232.69M | $229.26M | $130.29M | $133.55M | $107.87M | $173M | $43.36M | $98.74M | $93.22M | $225.06M | $120.91M | $75.18M | $131.31M | $133.61M | $133.32M | $329.13M | $209.7M | $120.7M | $59.9M |
| Depreciation & Amortization | $224.12M | $220.93M | $226.85M | $215.39M | $199.27M | $195.11M | $177.62M | $166.29M | $193.23M | $202.11M | $195.72M | $195.01M | $167.5M | $161.13M | $167.7M | $147.85M | $162.19M | $161.78M | $174.34M | $167.52M | $157.3M | $161.4M | $117.4M | $39.9M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $40.45M | -$200.76M | -$188.06M | -$74.02M | -$73.25M | -$67.45M | -$129.13M | $13.25M | -$17.82M | -$26.16M | -$118.08M | -$531K | $42.19M | $1.36M | -$22.44M | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $9.67M | $9.55M | $8.09M | $8.97M | $10.98M | $9.72M | $15.45M | $9.74M | $9.2M | $7.93M | $7.08M | $3.98M | $1.59M | $2.25M | $4.71M | $3.68M | $2.88M | $3.81M | $3.69M | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||
| Accounts Receivable | -$23.56M | -$11.82M | -$14.12M | -$14.16M | -$9.69M | -$30.89M | -$15.71M | -$16.09M | -$21.39M | -$26.75M | -$29.48M | -$40.51M | -$29.1M | -$21.72M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$37.71M | -$20.82M | -$13.32M |
| Inventory | $0 | $0 | $0 | $0 | -$1.86M | -$6.26M | $11.25M | -$3.1M | $384K | $2M | -$828K | -$1.88M | -$3.43M | -$2.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4.3B | $249.74M | $253.66M |
| Accounts Payable | -$18.24M | $14.44M | $19.26M | -$1.59M | $1.86M | $6.26M | -$11.25M | -$9.09M | -$1.52M | $3.73M | -$162K | $3M | -$6.43M | $8.49M | $3.51M | $12.06M | $4.61M | $11.79M | $14.44M | $19.8M | -$3.5M | -$9.06M | $9.98M | $15.85M |
| Other Working Capital | -$11.72M | $2.61M | -$14.21M | -$15.23M | -$912K | -$14.66M | -$10.17M | -$898K | $1.02M | $4.67M | -$643K | -$412K | $510K | $2.94M | -$11.47M | -$18.64M | -$3.22M | -$18.29M | -$26.08M | -$25.95M | -$43.64M | $4.49B | $4.35B | -$238.9M |
| Total Working Capital Change | -$53.51M | $5.22M | -$9.07M | -$30.98M | -$10.6M | -$45.54M | -$25.87M | -$29.18M | -$21.51M | -$16.35M | -$31.11M | -$39.81M | -$38.45M | -$13.17M | -$7.96M | -$6.58M | $1.38M | -$6.5M | -$11.64M | -$6.15M | -$47.14M | $140M | $4.59B | $17.3M |
| Other Non-Cash Items | $43.91M | $41.47M | $32.65M | -$124.99M | $3.27M | $2.08M | $87K | -$250K | $1.59M | $1.7M | $1.77M | $99K | $3.52M | $5.99M | -$1.08M | $10.43M | -$2.27M | $4.75M | $4.98M | -$15.74M | -$168.41M | -$182.2M | -$4.58B | -$5.1M |
| Net Cash from Operating | $140.56M | $198.11M | $210.13M | $215.22M | $242.2M | $193.28M | $208.48M | $202.87M | $242.81M | $235.81M | $217.33M | $215.88M | $215.08M | $223.25M | $270.34M | $275.75M | $281.54M | $296.51M | $282.53M | $278.95M | $270.89M | $328.9M | $247.2M | $112M |
| Investing Activities | ||||||||||||||||||||||||
| Capital Expenditures | -$157.24M | -$212.11M | -$158.19M | -$121.36M | -$122.63M | -$112.58M | -$103.55M | -$72.11M | -$79.83M | -$110.23M | -$118.67M | -$168.89M | -$175.99M | -$108.49M | -$215.61M | -$114.15M | $0 | $0 | $0 | $111.48M | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12.33M | $0 | $844.17M | $47.1M | $81.43M | $93.84M | $3.04M | $189K | $0 | $0 | $4.28M | -$2.19M | $41.32M | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3.2M | -$1.16M | $0 | $0 | -$42K | -$793K | -$136K | -$151K | -$173K | -$47.51M | -$168.83M | -$127.75M | -$268.61M | -$54.43M | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $415.89M | $0 | $360.09M | $589.77M | $578.43M | $79.83M | $365.92M | $848.17M | $168.89M | $175.99M | $0 | $291.79M | $51.64M | $0 | $0 | $0 | $963K | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$18.11M | $25.49M | -$37.83M | -$295.78M | -$246.31M | -$445.39M | -$351.84M | $395.88M | $229.44M | -$9.65M | -$420.46M | -$314M | -$576.47M | -$51.02M | -$45.33M | -$17.7M | -$21.16M | -$23.09M | $52.31M | -$30.05M | $704.8M | -$252.7M | -$2.22B | -$1.37B |
| Net Cash from Investing | -$175.35M | -$186.62M | -$196.02M | -$1.25M | -$368.93M | -$197.88M | $134.38M | $323.78M | $240.61M | -$119.87M | $305.04M | -$266.95M | -$495.83M | -$65.8M | $33.73M | -$80.19M | -$68.67M | -$191.93M | -$71.16M | -$188.4M | $691.69M | -$252.7M | -$2.22B | -$1.37B |
| Financing Activities | ||||||||||||||||||||||||
| Debt Repaid | $39.87M | -$164.36M | -$67.69M | $94.08M | -$253.97M | -$138.78M | $206.02M | $43.39M | $296.4M | $11.88M | $242.44M | -$237.69M | -$585.6M | $56M | -$6.13M | $114M | $7.1M | - | - | - | - | -$194.88M | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $185.74M | $90.58M | $143.82M | $149.99M | $150.38M | $159.46M | $194.94M | $0 | $0 |
| Common Stock Repurchases | -$2.27M | -$1.76M | -$1.76M | -$3.94M | -$19.54M | -$29.99M | -$16.9M | -$298.54M | -$60.47M | -$7.94M | -$158.86M | -$54.8M | -$173.55M | -$88.45M | -$3.24M | -$2.92M | -$107.64M | -$234.04M | -$113.6M | -$178.91M | -$215.01M | -$109.65M | $2.49B | $1.32B |
| Dividends Paid | -$30.87M | -$61.86M | -$93.12M | -$104.37M | -$103.91M | -$106.31M | -$106.43M | -$184.09M | -$122.27M | -$91.62M | -$126.53M | -$125.2M | -$132.3M | -$136.38M | -$220.37M | -$216.99M | -$198.95M | -$279.42M | -$283.2M | -$273.27M | -$294.57M | -$326.37M | $0 | $0 |
| Other Financing Activities | -$2.29M | -$2.56M | -$2.32M | -$1.33M | -$4.15M | -$4.07M | -$4.16M | -$3.34M | -$3.72M | -$2.69M | -$2.04M | -$1.29M | -$4.98M | -$229K | -$3.62M | -$743K | -$93K | -$2.12M | -$4.17M | -$1.08M | -$757.81M | -$43.3M | $1.99B | $1.23B |
| Net Cash from Financing | -$75.31M | $98.18M | -$29.5M | -$203.23M | $126.38M | -$1.58M | -$333.51M | -$529.37M | -$482.87M | -$114.38M | -$529.24M | $56.4M | $274.77M | -$284.18M | -$221.1M | -$148.84M | -$223.21M | -$149.27M | -$190.49M | -$95.39M | -$953.27M | -$89.5M | $1.99B | $1.23B |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$110.09M | $109.68M | -$15.39M | $10.74M | -$354K | -$6.17M | $9.35M | -$2.72M | $551K | $1.55M | -$6.87M | $5.33M | -$5.98M | -$126.73M | $82.97M | $46.71M | -$10.33M | -$44.68M | $20.89M | -$4.84M | $9.3M | -$13.3M | $19M | -$30.1M |
| Supplementary Data | ||||||||||||||||||||||||
| Operating Cash Flow | $140.56M | $198.11M | $210.13M | $215.22M | $242.2M | $193.28M | $208.48M | $202.87M | $242.81M | $235.81M | $217.33M | $215.88M | $215.08M | $223.25M | $270.34M | $275.75M | $281.54M | $296.51M | $282.53M | $278.95M | $270.89M | $328.9M | $247.2M | $112M |
| Capital Expenditure | -$157.24M | -$212.11M | -$158.19M | -$121.36M | -$122.63M | -$112.58M | -$103.55M | -$72.11M | -$79.83M | -$110.23M | -$118.67M | -$168.89M | -$175.99M | -$108.49M | -$215.61M | -$114.15M | $0 | $0 | $0 | $111.48M | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$16.68M | -$14M | $51.94M | $93.86M | $119.58M | $80.7M | $104.93M | $130.76M | $162.97M | $125.58M | $98.66M | $46.99M | $39.09M | $114.77M | $54.73M | $161.6M | $281.54M | $296.51M | $282.53M | $390.43M | $270.89M | $328.9M | $247.2M | $112M |
| Cash at Beginning | $113.88M | $4.21M | $19.6M | $8.86M | $9.21M | $15.39M | $6.03M | $8.76M | $8.2M | $5.44M | $12.31M | $6.97M | $12.96M | $139.69M | $56.72M | $10M | $20.33M | $65.02M | $44.13M | $48.97M | $39.67M | $64.5M | $0 | $4.57M |
| Cash at End | $3.79M | $113.88M | $4.21M | $19.6M | $8.86M | $9.21M | $15.39M | $6.03M | $8.76M | $6.99M | $5.44M | $12.31M | $6.97M | $12.96M | $139.69M | $56.72M | $10M | $20.33M | $65.02M | $44.13M | $48.97M | $51.2M | $19M | -$25.53M |