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Piedmont Office Realty Trust PDM Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

Cousins Properties logo
Cousins PropertiesCUZ
$22.32M-4.3%
Highwoods Properties logo
Highwoods PropertiesHIW
$201.65M+4,718%
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CenterspaceCSR
$115.17M
American Assets Trust logo
American Assets TrustAAT
-$68.13M-35.5%
Independence Realty Trust logo
Independence Realty TrustIRT
$128.48M-2.5%
Douglas Emmett logo
Douglas EmmettDEI
$1.68B+5.3%

Other financials

Income statement

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Revenue$144.1M+2.7%
Net income-$11.1M+34.0%
EPS (diluted)-$0.09+35.7%

Balance sheet

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Cash & equivalents$16.8M+406%
Total debt$15.0K-85.0%
Total equity$1.5B-4.7%
Total assets$4.0B+1.7%

Cash flow

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Operating cash flow$64.3M+28.4%

Valuation

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Market cap$1.19B+26.7%
P/S2.1×+0.4×

Profitability

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Operating margin22%
Net margin-14.2%+2.9pp
FCF margin-34.4%

Returns & leverage

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Return on equity-5.3%+1.8pp

Where this comes from

Reported directly by Piedmont Office Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The source filing: Piedmont Office Realty Trust’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001042776-26-000063
Line item(Unaudited) / June 30,2026December 31,2025
Common stock, $0.01 par value, 750,000,000 shares authorized; 125,132,825 and 124,519,278 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively1,2511,245
Additional paid-in capital3,730,9853,730,273
Cumulative distributions in excess of earnings(2,251,371)(2,227,350)
Accumulated other comprehensive loss(7,368)(8,967)
Piedmont stockholders’ equity1,473,4971,495,201
Noncontrolling interest1,4971,502
Total stockholders’ equity1,474,9941,496,703
Total liabilities and stockholders’ equity$4,047,982$4,031,354

ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS.

FAQ

What is Piedmont Office Realty Trust's noncontrolling interests in subsidiaries?
Piedmont Office Realty Trust (PDM) reported noncontrolling interests in subsidiaries of $1.5M in Q2 2026.
How has Piedmont Office Realty Trust's noncontrolling interests in subsidiaries changed year-over-year?
Piedmont Office Realty Trust's noncontrolling interests in subsidiaries decreased by 0.9% year-over-year, from $1.51M to $1.5M.
What is the long-term trend for Piedmont Office Realty Trust's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Piedmont Office Realty Trust's noncontrolling interests in subsidiaries has grown at a -2.2% compound annual growth rate (CAGR), from $1.68M to $1.5M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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