Peakstone Realty Trust (PKST) Financials

$11.23 -0.13 (-1.14%)

Closing price 05/6/2025 03:59 PM Eastern

Extended Trading

$11.22 -0.02 (-0.13%)

As of 05/6/2025 04:05 PM Eastern

Annual Income Statements for Peakstone Realty Trust

This table shows Peakstone Realty Trust's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	1.63	-412	-558	-10
Consolidated Net Income / (Loss)	12	-441	-605	-11
Net Income / (Loss) Continuing Operations	12	-441	-605	-11
Total Pre-Tax Income	12	-441	-428	-11
Total Operating Income	98	-35	-364	-1.53
Total Gross Profit	399	379	254	210
Total Revenue	460	416	254	228
Operating Revenue	-	416	254	228
Total Cost of Revenue	61	37	0.00	18
Operating Cost of Revenue	61	37	-	18
Total Operating Expenses	362	550	605	212
Selling, General & Admin Expense	39	95	74	63
Depreciation Expense	210	191	112	95
Other Operating Expenses / (Income)	48	1.35	23	-9.85
Impairment Charge	4.24	263	426	64
Total Other Income / (Expense), net	-86	-271	-77	-10
Interest Expense	85	98	66	62
Interest & Investment Income	-	-9.99	-	0.00
Other Income / (Expense), net	-1.20	-163	-12	52
Preferred Stock Dividends Declared	9.70	10	7.35	0.00
Net Income / (Loss) Attributable to Noncontrolling Interest	0.24	-40	-55	-0.94
Basic Earnings per Share	$0.04	($11.41)	($15.50)	($0.30)
Weighted Average Basic Shares Outstanding	34.36M	36.06M	35.99M	36.38M
Diluted Earnings per Share	$0.04	($11.41)	($15.50)	($0.30)
Weighted Average Diluted Shares Outstanding	34.36M	36.06M	35.99M	36.38M
Weighted Average Basic & Diluted Shares Outstanding	324.64M	36.00M	36.31M	36.76M
Cash Dividends to Common per Share	-	$3.15	$1.09	$0.90

This table shows Peakstone Realty Trust's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-111	-229	6.03	-416	-128	-20	5.03	-3.77	-24	13
Consolidated Net Income / (Loss)	-119	-248	9.02	-452	-140	-22	5.47	-4.10	-27	14
Net Income / (Loss) Continuing Operations	-119	-248	9.02	-452	-140	-22	5.47	-4.10	-27	14
Total Pre-Tax Income	-119	-248	24	-452	-140	140	5.47	-4.10	-27	14
Total Operating Income	14	-28	12	-391	13	1.09	13	6.63	-31	9.88
Total Gross Profit	101	39	60	50	57	88	53	46	51	61
Total Revenue	101	76	67	63	62	63	59	56	55	58
Total Cost of Revenue	0.00	37	7.11	12	5.08	-25	6.68	10	4.29	-3.47
Operating Cost of Revenue	-	-	7.11	12	5.08	-	6.68	10	4.29	-3.47
Total Operating Expenses	87	202	55	453	43	54	46	49	82	34
Selling, General & Admin Expense	23	24	9.73	12	17	35	9.68	9.12	16	29
Depreciation Expense	43	35	31	30	25	25	23	23	23	26
Other Operating Expenses / (Income)	11	-34	6.72	0.77	0.70	14	5.09	0.53	1.06	-17
Impairment Charge	11	-	0.00	397	0.00	28	5.97	6.51	43	8.22
Total Other Income / (Expense), net	-133	-85	12	-62	-153	126	-2.93	-11	5.00	-1.36
Interest Expense	38	17	17	16	16	16	16	16	14	16
Other Income / (Expense), net	-96	-58	29	-28	7.32	-20	13	5.11	19	15
Net Income / (Loss) Attributable to Noncontrolling Interest	-11	-22	0.61	-41	-12	-1.88	0.45	-0.33	-2.15	1.10
Basic Earnings per Share	($3.08)	($6.33)	$0.17	($11.59)	($3.55)	($0.53)	$0.14	($0.11)	($0.67)	$0.34
Weighted Average Basic Shares Outstanding	36.08M	36.06M	36.00M	35.92M	35.98M	35.99M	36.31M	36.35M	36.37M	36.38M
Diluted Earnings per Share	($3.08)	($6.33)	$0.17	($11.59)	($3.55)	($0.53)	$0.14	($0.11)	($0.67)	$0.34
Weighted Average Diluted Shares Outstanding	36.08M	36.06M	36.00M	35.92M	35.98M	35.99M	36.31M	36.35M	36.37M	36.38M
Weighted Average Basic & Diluted Shares Outstanding	324.07M	36.00M	35.95M	35.98M	36.01M	36.31M	36.35M	36.38M	36.38M	36.76M

This table details how cash moves in and out of Peakstone Realty Trust's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-17	52	163	-247
Net Cash From Operating Activities	205	153	89	95
Net Cash From Continuing Operating Activities	205	153	89	95
Net Income / (Loss) Continuing Operations	12	-441	-605	-11
Consolidated Net Income / (Loss)	12	-441	-605	-11
Depreciation Expense	125	113	72	64
Amortization Expense	88	83	44	34
Non-Cash Adjustments To Reconcile Net Income	10	423	584	22
Changes in Operating Assets and Liabilities, net	-30	-25	-6.00	-15
Net Cash From Investing Activities	-63	1,098	309	-216
Net Cash From Continuing Investing Activities	-63	1,098	309	-216
Purchase of Property, Plant & Equipment	-	0.00	0.00	-493
Acquisitions	-37	-35	0.00	0.00
Purchase of Investments	-0.33	-1.14	-0.28	0.00
Sale of Property, Plant & Equipment	22	1,121	325	282
Divestitures	0.00	31	0.00	0.00
Other Investing Activities, net	-48	-18	-16	-3.87
Net Cash From Financing Activities	-159	-1,199	-235	-126
Net Cash From Continuing Financing Activities	-159	-1,199	-235	-126
Repayment of Debt	-427	-1,055	-452	-543
Repurchase of Preferred Equity	0.00	0.00	-125	0.00
Repurchase of Common Equity	-26	-5.62	-4.44	0.00
Payment of Dividends	-104	-135	-50	-36
Issuance of Debt	400	0.00	400	455
Other Financing Activities, net	-2.97	-3.55	-3.74	-1.80
Cash Interest Paid	81	75	58	59

This table details how cash moves in and out of Peakstone Realty Trust's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-134	150	132	-6.54	6.43	31	46	14	-195	-113
Net Cash From Operating Activities	20	17	22	2.51	34	30	16	25	22	32
Net Cash From Continuing Operating Activities	20	17	22	2.51	34	30	16	25	22	32
Net Income / (Loss) Continuing Operations	-119	-248	9.02	-452	-140	-22	5.47	-4.10	-27	14
Consolidated Net Income / (Loss)	-119	-248	9.02	-452	-140	-22	5.47	-4.10	-27	14
Depreciation Expense	26	22	20	20	16	16	16	15	16	18
Amortization Expense	19	14	13	12	9.40	10	9.03	8.49	8.41	8.46
Non-Cash Adjustments To Reconcile Net Income	109	235	-13	429	143	25	-1.82	8.75	29	-13
Changes in Operating Assets and Liabilities, net	-15	-5.17	-6.34	-5.02	4.80	0.55	-12	-4.03	-3.70	4.95
Net Cash From Investing Activities	928	177	165	124	0.64	19	61	7.34	35	-319
Net Cash From Continuing Investing Activities	928	177	165	124	0.64	19	61	7.34	35	-319
Purchase of Investments	-0.08	-0.92	-0.07	-0.08	-0.06	-0.07	-0.04	-	-	0.04
Sale of Property, Plant & Equipment	970	150	166	125	8.08	26	62	7.53	37	175
Other Investing Activities, net	-7.98	-3.71	-0.85	-0.87	-7.38	-7.22	-1.85	-0.18	-1.56	-0.29
Net Cash From Financing Activities	-1,082	-44	-55	-133	-28	-18	-30	-18	-252	175
Net Cash From Continuing Financing Activities	-1,082	-44	-55	-133	-28	-18	-30	-18	-252	175
Repayment of Debt	-1,048	-1.89	-423	-1.79	-19	-7.25	-21	-9.05	-243	-270
Payment of Dividends	-34	-34	-26	-5.37	-8.91	-8.92	-8.92	-9.00	-9.06	-9.00
Issuance of Debt	-	-	400	-	-	-	0.00	-	-	455
Other Financing Activities, net	-0.01	-2.87	-0.60	-1.08	-0.01	-2.06	-0.20	-0.00	-0.28	-1.32

This table presents Peakstone Realty Trust's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	5,273	3,633	2,789	2,676
Total Current Assets	186	270	401	154
Cash & Equivalents	169	233	392	147
Restricted Cash	18	4.76	9.21	7.70
Plant, Property, & Equipment, net	3,701	2,317	1,657	1,883
Plant, Property & Equipment, gross	4,694	2,961	2,208	2,404
Accumulated Depreciation	993	645	551	521
Total Noncurrent Assets	1,386	1,026	731	639
Goodwill	230	95	79	68
Intangible Assets	43	34	432	409
Other Noncurrent Operating Assets	1,113	683	220	162
Total Liabilities & Shareholders' Equity	5,273	3,633	2,789	2,676
Total Liabilities	2,772	1,647	1,585	1,524
Total Current Liabilities	0.00	93	0.00	0.00
Total Noncurrent Liabilities	2,772	1,554	1,585	1,524
Long-Term Debt	2,532	1,485	1,436	1,345
Other Noncurrent Operating Liabilities	239	69	149	180
Commitments & Contingencies	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,372	1,857	1,204	1,152
Total Preferred & Common Equity	2,153	1,683	1,112	1,085
Total Common Equity	2,153	1,683	1,112	1,085
Common Stock	2,952	2,949	2,990	3,017
Retained Earnings	142	-270	-828	-838
Accumulated Other Comprehensive Income / (Loss)	-19	41	26	16
Other Equity Adjustments	-923	-1,037	-1,076	-1,109
Noncontrolling Interest	219	175	92	67

This table presents Peakstone Realty Trust's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	3,934	3,585	3,010	2,840	2,754	2,731	2,444
Total Current Assets	76	400	393	399	488	503	312
Cash & Equivalents	76	368	361	364	436	447	242
Restricted Cash	-	2.00	3.04	5.65	11	14	25
Prepaid Expenses	-	30	29	29	41	42	45
Plant, Property, & Equipment, net	2,567	2,209	1,767	1,742	1,614	1,588	1,495
Plant, Property & Equipment, gross	3,249	2,848	2,293	2,289	2,178	2,169	2,050
Accumulated Depreciation	683	638	526	547	564	581	555
Total Noncurrent Assets	1,292	975	850	699	651	640	637
Noncurrent Note & Lease Receivables	-	35	35	34	-	34	33
Goodwill	230	95	95	95	74	74	74
Intangible Assets	35	33	31	31	29	28	28
Other Noncurrent Operating Assets	832	648	543	540	548	504	502
Total Liabilities & Shareholders' Equity	3,934	3,585	3,010	2,840	2,754	2,731	2,444
Total Liabilities	1,662	1,614	1,615	1,595	1,552	1,544	1,312
Total Current Liabilities	0.00	84	89	89	73	73	71
Accounts Payable	-	79	81	80	64	65	63
Dividends Payable	-	5.16	8.30	8.30	8.42	8.49	8.44
Total Noncurrent Liabilities	1,662	1,529	1,527	1,506	1,479	1,471	1,241
Long-Term Debt	1,487	1,462	1,461	1,442	1,416	1,409	1,168
Other Noncurrent Operating Liabilities	168	68	66	64	63	62	73
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,143	1,842	1,395	1,245	1,202	1,187	1,132
Total Preferred & Common Equity	1,944	1,669	1,259	1,129	1,111	1,097	1,048
Total Common Equity	1,944	1,669	1,259	1,129	1,111	1,097	1,048
Common Stock	2,953	2,951	2,959	2,968	2,992	2,994	2,997
Retained Earnings	-41	-264	-680	-808	-823	-827	-851
Accumulated Other Comprehensive Income / (Loss)	40	34	40	37	26	22	2.79
Other Equity Adjustments	-1,008	-1,052	-1,060	-1,068	-1,084	-1,093	-1,101
Noncontrolling Interest	199	173	136	116	91	89	84

This table displays calculated financial ratios and metrics derived from Peakstone Realty Trust's official financial filings.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-
Revenue Growth	15.71%	-9.43%	-38.95%	-10.31%
EBITDA Growth	28.13%	-100.70%	-11,850.71%	157.51%
EBIT Growth	20.22%	-304.92%	-89.77%	113.44%
NOPAT Growth	33.88%	-125.36%	-926.87%	99.58%
Net Income Growth	300.38%	-3,914.88%	-37.09%	98.12%
EPS Growth	107.69%	-28,625.00%	-35.85%	98.06%
Operating Cash Flow Growth	24.58%	-25.52%	-41.61%	6.17%
Free Cash Flow Firm Growth	-291.98%	650.18%	-68.86%	-118.96%
Invested Capital Growth	9.50%	-37.15%	-26.52%	4.64%
Revenue Q/Q Growth	0.00%	0.00%	-4.81%	-2.20%
EBITDA Q/Q Growth	0.00%	0.00%	18.43%	9.85%
EBIT Q/Q Growth	0.00%	0.00%	15.30%	37.46%
NOPAT Q/Q Growth	0.00%	0.00%	7.45%	89.61%
Net Income Q/Q Growth	0.00%	0.00%	27.23%	75.80%
EPS Q/Q Growth	0.00%	0.00%	27.23%	74.36%
Operating Cash Flow Q/Q Growth	0.00%	-17.27%	17.15%	1.41%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	-138.38%
Invested Capital Q/Q Growth	0.00%	0.00%	-3.74%	14.72%
Profitability Metrics	-	-	-	-
Gross Margin	86.68%	91.04%	100.00%	92.26%
EBITDA Margin	67.40%	-0.52%	-101.94%	65.36%
Operating Margin	21.28%	-8.51%	-143.14%	-0.67%
EBIT Margin	21.02%	-47.55%	-147.81%	22.14%
Profit (Net Income) Margin	2.52%	-105.98%	-237.96%	-4.98%
Tax Burden Percent	100.07%	100.00%	141.27%	100.00%
Interest Burden Percent	11.96%	222.86%	113.97%	-22.50%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	2.11%	-0.63%	-9.64%	-0.05%
ROIC Less NNEP Spread (ROIC-NNEP)	-1.32%	-25.09%	-43.08%	-0.97%
Return on Net Nonoperating Assets (RNNOA)	-1.56%	-19.04%	-28.30%	-0.92%
Return on Equity (ROE)	0.55%	-19.67%	-37.94%	-0.96%
Cash Return on Invested Capital (CROIC)	-6.96%	45.00%	20.93%	-4.58%
Operating Return on Assets (OROA)	2.05%	-4.45%	-11.70%	1.85%
Return on Assets (ROA)	0.25%	-9.91%	-18.84%	-0.42%
Return on Common Equity (ROCE)	0.45%	-16.81%	-33.24%	-0.90%
Return on Equity Simple (ROE_SIMPLE)	0.54%	-26.23%	-54.41%	-1.05%
Net Operating Profit after Tax (NOPAT)	98	-25	-255	-1.07
NOPAT Margin	21.28%	-5.96%	-100.20%	-0.47%
Net Nonoperating Expense Percent (NNEP)	3.43%	24.46%	33.44%	0.92%
Return On Investment Capital (ROIC_SIMPLE)	-	-0.74%	-9.65%	-0.04%
Cost of Revenue to Revenue	13.32%	8.96%	0.00%	7.74%
SG&A Expenses to Revenue	8.49%	22.80%	29.05%	27.64%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	78.72%	132.03%	237.97%	92.84%
Earnings before Interest and Taxes (EBIT)	97	-198	-376	50
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	310	-2.17	-259	149
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.60	0.37
Price to Tangible Book Value (P/TBV)	0.00	0.00	1.11	0.66
Price to Revenue (P/Rev)	0.00	0.00	2.62	1.77
Price to Earnings (P/E)	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	4.05%	8.13%
Earnings Yield	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.80	0.71
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	7.05	7.28
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	11.13
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	32.87
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	20.12	17.54
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	3.24	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	1.01	0.75	1.19	1.17
Long-Term Debt to Equity	1.01	0.75	1.19	1.17
Financial Leverage	1.19	0.76	0.66	0.94
Leverage Ratio	2.22	1.98	2.01	2.32
Compound Leverage Factor	0.27	4.42	2.29	-0.52
Debt to Total Capital	50.31%	42.79%	54.40%	53.86%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	50.31%	42.79%	54.40%	53.86%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	6.92%	8.74%	3.47%	2.68%
Common Equity to Total Capital	42.77%	48.47%	42.13%	43.47%
Debt to EBITDA	8.17	-684.83	-5.54	9.02
Net Debt to EBITDA	7.57	-492.77	-3.99	7.99
Long-Term Debt to EBITDA	8.17	-684.83	-5.54	9.02
Debt to NOPAT	25.88	-59.87	-5.64	-1,252.21
Net Debt to NOPAT	23.98	-43.08	-4.06	-1,108.59
Long-Term Debt to NOPAT	25.88	-59.87	-5.64	-1,252.21
Altman Z-Score	0.00	0.00	-0.34	-0.06
Noncontrolling Interest Sharing Ratio	16.66%	14.53%	12.39%	6.73%
Liquidity Ratios	-	-	-	-
Current Ratio	0.00	2.90	0.00	0.00
Quick Ratio	0.00	2.50	0.00	0.00
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	-323	1,776	553	-105
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	44.66%
Free Cash Flow to Firm to Interest Expense	-3.79	18.11	8.43	-1.69
Operating Cash Flow to Interest Expense	2.41	1.56	1.36	1.53
Operating Cash Flow Less CapEx to Interest Expense	2.67	12.99	6.31	-1.89
Efficiency Ratios	-	-	-	-
Asset Turnover	0.10	0.09	0.08	0.08
Accounts Receivable Turnover	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.13	0.14	0.13	0.13
Accounts Payable Turnover	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-
Invested Capital	4,848	3,047	2,239	2,342
Invested Capital Turnover	0.10	0.11	0.10	0.10
Increase / (Decrease) in Invested Capital	421	-1,801	-808	104
Enterprise Value (EV)	0.00	0.00	1,794	1,660
Market Capitalization	0.00	0.00	667	403
Book Value per Share	$9.33	$5.19	$30.88	$29.83
Tangible Book Value per Share	$8.14	$4.80	$16.70	$16.72
Total Capital	5,034	3,472	2,640	2,497
Total Debt	2,532	1,485	1,436	1,345
Total Long-Term Debt	2,532	1,485	1,436	1,345
Net Debt	2,346	1,069	1,035	1,190
Capital Expenditures (CapEx)	-22	-1,121	-325	212
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-61	0.00	0.00
Debt-free Net Working Capital (DFNWC)	186	177	401	154
Net Working Capital (NWC)	186	177	401	154
Net Nonoperating Expense (NNE)	86	417	350	10
Net Nonoperating Obligations (NNO)	2,346	1,060	1,035	1,190
Total Depreciation and Amortization (D&A)	213	196	117	99
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-14.72%	0.00%	0.00%
Debt-free Net Working Capital to Revenue	40.48%	42.41%	157.70%	67.61%
Net Working Capital to Revenue	40.48%	42.41%	157.70%	67.61%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($11.41)	($15.50)	($0.30)
Adjusted Weighted Average Basic Shares Outstanding	309.25M	36.06M	35.99M	36.38M
Adjusted Diluted Earnings per Share	$0.00	($11.41)	($15.50)	($0.30)
Adjusted Weighted Average Diluted Shares Outstanding	309.25M	36.06M	35.99M	36.38M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	324.64M	36.00M	36.31M	36.76M
Normalized Net Operating Profit after Tax (NOPAT)	71	159	23	43
Normalized NOPAT Margin	15.54%	38.22%	8.92%	19.05%
Pre Tax Income Margin	2.51%	-105.98%	-168.45%	-4.98%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	1.14	-2.02	-5.73	0.81
NOPAT to Interest Expense	1.15	-0.25	-3.88	-0.02
EBIT Less CapEx to Interest Expense	1.40	9.41	-0.77	-2.60
NOPAT Less CapEx to Interest Expense	1.41	11.18	1.07	-3.43
Payout Ratios	-	-	-	-
Dividend Payout Ratio	895.87%	-30.66%	-8.21%	-316.54%
Augmented Payout Ratio	1,116.82%	-31.93%	-8.94%	-316.54%

This table displays calculated financial ratios and metrics derived from Peakstone Realty Trust's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-15.96%	0.00%	-42.36%	-49.18%	-39.10%	-16.91%	-11.57%	-10.53%	-10.94%	-8.13%
EBITDA Growth	-144.21%	0.00%	-5.68%	-5,917.50%	227.66%	115.96%	-31.06%	109.20%	-74.19%	527.40%
EBIT Growth	-406.61%	0.00%	66.80%	-672.27%	125.39%	78.60%	-35.58%	102.80%	-157.28%	232.21%
NOPAT Growth	-63.08%	0.00%	-55.64%	-705.43%	-4.36%	105.50%	7.74%	101.70%	-330.71%	810.78%
Net Income Growth	-2,392.55%	0.00%	230.29%	-490.61%	-17.24%	91.23%	-39.34%	99.09%	81.03%	163.47%
EPS Growth	-30,900.00%	0.00%	0.00%	-479.50%	-15.26%	91.63%	-17.65%	99.05%	81.13%	164.15%
Operating Cash Flow Growth	-67.26%	-64.78%	-60.21%	-95.77%	70.55%	75.33%	-27.23%	876.01%	-34.64%	4.34%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	144.10%	133.70%	0.00%	125.48%	-89.71%	-77.66%	-111.61%
Invested Capital Growth	0.00%	0.00%	0.00%	-50.20%	-33.34%	-26.52%	-24.93%	-8.98%	-12.20%	4.64%
Revenue Q/Q Growth	-17.67%	-25.10%	-11.75%	-6.62%	-1.32%	2.18%	-6.08%	-5.53%	-1.77%	5.41%
EBITDA Q/Q Growth	-647.17%	-38.61%	245.89%	-625.79%	112.01%	-82.67%	36.48%	-29.82%	-66.33%	321.39%
EBIT Q/Q Growth	-50.91%	-5.54%	147.11%	-1,129.26%	104.96%	-188.98%	145.48%	-55.20%	-201.34%	305.36%
NOPAT Q/Q Growth	129.01%	-300.45%	161.08%	-2,367.55%	103.44%	-88.48%	1,610.34%	-64.25%	-567.89%	145.48%
Net Income Q/Q Growth	-55.84%	-107.87%	103.63%	-5,117.22%	69.07%	84.45%	125.13%	-174.97%	-547.38%	152.04%
EPS Q/Q Growth	-54.00%	-105.52%	102.69%	-6,917.65%	69.37%	85.07%	126.42%	-178.57%	-509.09%	150.75%
Operating Cash Flow Q/Q Growth	-66.49%	-13.09%	28.41%	-88.70%	1,252.63%	-10.65%	-46.71%	51.55%	-9.42%	42.64%
Free Cash Flow Firm Q/Q Growth	26.92%	100.00%	0.00%	172.62%	-44.15%	-31.00%	-7.97%	-70.68%	21.27%	-135.87%
Invested Capital Q/Q Growth	-26.19%	-12.67%	-4.72%	-18.92%	-1.19%	-3.74%	-3.02%	-1.69%	-4.69%	14.72%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	50.83%	89.38%	80.07%	91.77%	139.09%	88.72%	81.82%	92.20%	105.99%
EBITDA Margin	-35.97%	-66.57%	110.04%	-619.61%	75.39%	12.79%	85.79%	63.73%	21.85%	87.34%
Operating Margin	13.88%	-37.16%	18.00%	-624.51%	21.80%	1.72%	21.93%	11.86%	-56.48%	17.06%
EBIT Margin	-80.77%	-113.81%	60.76%	-669.69%	33.67%	-29.32%	44.26%	20.99%	-21.65%	42.19%
Profit (Net Income) Margin	-117.81%	-326.96%	13.46%	-723.38%	-226.77%	-34.52%	9.24%	-7.33%	-48.31%	23.85%
Tax Burden Percent	100.00%	100.00%	38.08%	100.00%	100.00%	-15.51%	100.00%	100.00%	100.00%	100.00%
Interest Burden Percent	145.86%	287.28%	58.19%	108.02%	-673.60%	-759.16%	20.87%	-34.92%	223.08%	56.53%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	-3.56%	4.56%	-37.88%	1.40%	0.17%	2.13%	0.89%	-4.22%	1.70%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-25.09%	3.90%	-48.80%	-11.60%	-2.02%	1.34%	-0.03%	-4.71%	2.05%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-13.40%	1.84%	-42.07%	-7.58%	-1.32%	0.81%	-0.02%	-3.94%	1.94%
Return on Equity (ROE)	0.00%	-16.95%	6.40%	-79.96%	-6.18%	-1.16%	2.93%	0.87%	-8.16%	3.64%
Cash Return on Invested Capital (CROIC)	0.00%	58.31%	0.00%	0.00%	0.00%	20.93%	18.47%	10.92%	12.51%	-4.58%
Operating Return on Assets (OROA)	0.00%	-10.64%	6.23%	-50.35%	2.65%	-2.32%	3.44%	1.75%	-1.91%	3.52%
Return on Assets (ROA)	0.00%	-30.58%	1.38%	-54.39%	-17.88%	-2.73%	0.72%	-0.61%	-4.26%	1.99%
Return on Common Equity (ROCE)	0.00%	-14.49%	5.42%	-69.96%	-5.40%	-1.02%	2.57%	0.79%	-7.47%	3.39%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	-26.07%	-64.39%	-73.63%	0.00%	-54.79%	-14.62%	-4.48%	0.00%
Net Operating Profit after Tax (NOPAT)	9.85	-20	12	-273	9.42	1.09	13	4.64	-22	9.88
NOPAT Margin	9.72%	-26.01%	18.00%	-437.16%	15.26%	1.72%	21.93%	8.30%	-39.53%	17.06%
Net Nonoperating Expense Percent (NNEP)	21.25%	21.54%	0.65%	10.92%	13.01%	2.18%	0.79%	0.91%	0.48%	-0.35%
Return On Investment Capital (ROIC_SIMPLE)	-	-0.59%	-	-	-	0.04%	-	-	-	0.40%
Cost of Revenue to Revenue	0.00%	49.17%	10.62%	19.93%	8.23%	-39.09%	11.28%	18.18%	7.80%	-5.99%
SG&A Expenses to Revenue	22.93%	31.69%	14.53%	19.24%	28.33%	54.91%	16.34%	16.29%	28.24%	49.56%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	86.12%	266.22%	82.00%	724.51%	69.97%	85.50%	78.07%	88.14%	149.60%	58.64%
Earnings before Interest and Taxes (EBIT)	-82	-86	41	-419	21	-18	26	12	-12	24
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-36	-51	74	-388	47	8.07	51	36	12	51
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.75	0.50	0.60	0.00	0.35	0.47	0.37
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.83	0.56	1.11	0.00	0.39	0.52	0.66
Price to Revenue (P/Rev)	0.00	0.00	0.00	3.08	2.10	2.62	0.00	1.61	2.13	1.77
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	1.14%	3.36%	4.05%	6.18%	8.49%	6.60%	8.13%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.86	0.75	0.80	0.00	0.66	0.73	0.71
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	6.62	6.55	7.05	0.00	5.93	6.35	7.28
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	8.35	10.92	11.13
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	20.49	40.33	32.87
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	41.62	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	32.74	22.99	20.12	0.00	13.53	15.87	17.54
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	3.24	0.00	5.79	5.42	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.65	0.75	0.74	1.05	1.16	1.19	1.18	1.19	1.03	1.17
Long-Term Debt to Equity	0.65	0.75	0.74	1.05	1.16	1.19	1.18	1.19	1.03	1.17
Financial Leverage	0.54	0.53	0.47	0.86	0.65	0.66	0.60	0.74	0.84	0.94
Leverage Ratio	1.73	1.98	1.82	2.15	1.93	2.01	2.00	2.22	2.22	2.32
Compound Leverage Factor	2.53	5.70	1.06	2.32	-12.97	-15.28	0.42	-0.78	4.96	1.31
Debt to Total Capital	39.55%	42.79%	42.58%	51.15%	53.66%	54.40%	54.10%	54.28%	50.78%	53.86%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	39.55%	42.79%	42.58%	51.15%	53.66%	54.40%	54.10%	54.28%	50.78%	53.86%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	8.73%	8.74%	8.80%	4.75%	4.31%	3.47%	3.47%	3.45%	3.67%	2.68%
Common Equity to Total Capital	51.71%	48.47%	48.63%	44.10%	42.03%	42.13%	42.43%	42.28%	45.55%	43.47%
Debt to EBITDA	0.00	-684.83	-221.28	-3.64	-4.54	-5.54	-5.60	8.27	8.61	9.02
Net Debt to EBITDA	0.00	-492.77	-140.27	-2.37	-3.37	-3.99	-3.83	5.56	6.64	7.99
Long-Term Debt to EBITDA	0.00	-684.83	-221.28	-3.64	-4.54	-5.54	-5.60	8.27	8.61	9.02
Debt to NOPAT	0.00	-59.87	-41.29	-5.31	-5.24	-5.64	-5.57	41.23	-113.06	-1,252.21
Net Debt to NOPAT	0.00	-43.08	-26.18	-3.46	-3.89	-4.06	-3.81	27.73	-87.24	-1,108.59
Long-Term Debt to NOPAT	0.00	-59.87	-41.29	-5.31	-5.24	-5.64	-5.57	41.23	-113.06	-1,252.21
Altman Z-Score	0.00	0.00	0.00	-0.20	0.06	0.08	0.00	0.02	-0.06	-0.10
Noncontrolling Interest Sharing Ratio	0.00%	14.53%	15.32%	12.50%	12.63%	12.39%	12.38%	8.72%	8.42%	6.73%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	2.90	4.75	4.43	4.50	0.00	6.73	6.85	4.38	0.00
Quick Ratio	0.00	2.50	4.37	4.06	4.11	0.00	6.01	6.08	3.39	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-3,479	0.00	-2,891	2,099	1,172	809	737	216	262	-94
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-92.68	0.00	-169.90	130.64	72.70	49.28	45.61	13.63	18.52	-5.90
Operating Cash Flow to Interest Expense	0.53	1.05	1.31	0.16	2.11	1.85	1.00	1.55	1.57	1.99
Operating Cash Flow Less CapEx to Interest Expense	26.39	10.17	11.06	7.94	2.61	3.44	4.87	2.02	4.16	12.98
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.09	0.10	0.08	0.08	0.08	0.08	0.08	0.09	0.08
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.14	0.17	0.12	0.12	0.13	0.13	0.14	0.14	0.13
Accounts Payable Turnover	0.00	0.00	0.75	0.75	0.00	0.00	0.40	0.36	0.36	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	484.82	484.87	0.00	0.00	912.19	1,007.20	1,022.67	0.00
Cash Conversion Cycle (CCC)	0.00	0.00	-484.82	-484.87	0.00	0.00	-912.19	-1,007.20	-1,022.67	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,488	3,047	2,903	2,354	2,325	2,239	2,179	2,142	2,042	2,342
Invested Capital Turnover	0.00	0.14	0.25	0.09	0.09	0.10	0.10	0.11	0.11	0.10
Increase / (Decrease) in Invested Capital	3,488	0.00	2,903	-2,373	-1,163	-808	-724	-211	-284	104
Enterprise Value (EV)	0.00	0.00	0.00	2,031	1,750	1,794	0.00	1,422	1,481	1,660
Market Capitalization	0.00	0.00	0.00	945	562	667	0.00	385	496	403
Book Value per Share	$5.99	$5.19	$46.37	$35.03	$31.39	$30.88	$30.60	$30.18	$28.81	$29.83
Tangible Book Value per Share	$5.17	$4.80	$42.82	$31.53	$27.91	$16.70	$27.76	$27.37	$26.01	$16.72
Total Capital	3,759	3,472	3,433	2,855	2,687	2,640	2,618	2,595	2,300	2,497
Total Debt	1,487	1,485	1,462	1,461	1,442	1,436	1,416	1,409	1,168	1,345
Total Long-Term Debt	1,487	1,485	1,462	1,461	1,442	1,436	1,416	1,409	1,168	1,345
Net Debt	1,216	1,069	926	950	1,072	1,035	969	947	901	1,190
Capital Expenditures (CapEx)	-970	-150	-166	-125	-8.08	-26	-62	-7.53	-37	-175
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-61	-54	-59	-60	0.00	-32	-31	-26	0.00
Debt-free Net Working Capital (DFNWC)	76	177	316	304	310	401	416	430	241	154
Net Working Capital (NWC)	76	177	316	304	310	401	416	430	241	154
Net Nonoperating Expense (NNE)	129	228	3.04	179	149	23	7.52	8.74	4.82	-3.94
Net Nonoperating Obligations (NNO)	1,216	1,060	932	959	1,080	1,035	977	956	910	1,190
Total Depreciation and Amortization (D&A)	45	36	33	31	26	27	25	24	24	26
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-14.72%	-14.82%	-19.36%	-22.38%	0.00%	-12.80%	-13.04%	-11.12%	0.00%
Debt-free Net Working Capital to Revenue	0.00%	42.41%	85.98%	99.20%	116.17%	157.70%	168.69%	179.21%	103.26%	67.61%
Net Working Capital to Revenue	0.00%	42.41%	85.98%	99.20%	116.17%	157.70%	168.69%	179.21%	103.26%	67.61%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.34)	($6.33)	$0.17	($11.59)	($3.55)	($0.53)	$0.14	($0.11)	($0.67)	$0.34
Adjusted Weighted Average Basic Shares Outstanding	324.73M	36.06M	36.00M	35.92M	35.98M	35.99M	36.31M	36.35M	36.37M	36.38M
Adjusted Diluted Earnings per Share	($0.34)	($6.33)	$0.17	($11.59)	($3.55)	($0.53)	$0.14	($0.11)	($0.67)	$0.34
Adjusted Weighted Average Diluted Shares Outstanding	324.73M	36.06M	36.00M	35.92M	35.98M	35.99M	36.31M	36.35M	36.37M	36.38M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	324.07M	36.00M	35.95M	35.98M	36.01M	36.31M	36.35M	36.38M	36.38M	36.76M
Normalized Net Operating Profit after Tax (NOPAT)	17	-20	8.44	4.76	9.42	20	13	9.20	8.30	13
Normalized NOPAT Margin	17.11%	-26.01%	12.60%	7.61%	15.26%	32.48%	22.41%	16.44%	15.10%	21.87%
Pre Tax Income Margin	-117.81%	-326.96%	35.35%	-723.38%	-226.77%	222.55%	9.24%	-7.33%	-48.31%	23.85%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-2.18	-5.23	2.39	-26.07	1.29	-1.13	1.62	0.74	-0.84	1.54
NOPAT to Interest Expense	0.26	-1.20	0.71	-17.02	0.58	0.07	0.80	0.29	-1.54	0.62
EBIT Less CapEx to Interest Expense	23.67	3.88	12.14	-18.28	1.79	0.46	5.49	1.22	1.75	12.53
NOPAT Less CapEx to Interest Expense	26.12	7.92	10.46	-9.23	1.09	1.65	4.67	0.77	1.05	11.61
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	-30.66%	-29.52%	-12.31%	-8.96%	-8.21%	-5.28%	-22.29%	-76.44%	-316.54%
Augmented Payout Ratio	0.00%	-31.93%	-31.84%	-13.55%	-10.17%	-8.94%	-5.41%	-22.79%	-78.13%	-316.54%

Frequently Asked Questions About Peakstone Realty Trust's Financials

When does Peakstone Realty Trust's financial year end?

According to the most recent income statement we have on file, Peakstone Realty Trust's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Peakstone Realty Trust's net income changed over the last 3 years?

Peakstone Realty Trust's net income appears to be on an upward trend, with a most recent value of -$11.36 million in 2024, falling from $11.57 million in 2021. The previous period was -$605.10 million in 2023. Find out what analysts predict for Peakstone Realty Trust in the coming months.

What is Peakstone Realty Trust's operating income?

Peakstone Realty Trust's total operating income in 2024 was -$1.53 million, based on the following breakdown:

Total Gross Profit: $210.41 million
Total Operating Expenses: $211.75 million

How has Peakstone Realty Trust revenue changed over the last 3 years?

Over the last 3 years, Peakstone Realty Trust's total revenue changed from $459.87 million in 2021 to $228.07 million in 2024, a change of -50.4%.

How much debt does Peakstone Realty Trust have?

Peakstone Realty Trust's total liabilities were at $1.52 billion at the end of 2024, a 3.9% decrease from 2023, and a 45.0% decrease since 2021.

How much cash does Peakstone Realty Trust have?

In the past 3 years, Peakstone Realty Trust's cash and equivalents has ranged from $146.51 million in 2024 to $391.80 million in 2023, and is currently $146.51 million as of their latest financial filing in 2024.

How has Peakstone Realty Trust's book value per share changed over the last 3 years?

Over the last 3 years, Peakstone Realty Trust's book value per share changed from 9.33 in 2021 to 29.83 in 2024, a change of 219.9%.

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This page (NYSE:PKST) was last updated on 5/7/2025 by MarketBeat.com Staff

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Peakstone Realty Trust (PKST) Financials

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Peakstone Realty Trust (PKST) Financials

Annual Income Statements for Peakstone Realty Trust

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