Financial Snapshot

Revenue
$763.7M
TTM
Gross Margin
60.29%
TTM
Net Earnings
-$213.2M
TTM
Current Assets
$337.4M
Q3 2024
Current Liabilities
$114.8M
Q3 2024
Current Ratio
293.87%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$4.051B
Q3 2024
Cash
Q3 2024
P/E
-5.244
Nov 13, 2024 EST
Free Cash Flow
$160.5M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $742.8M $740.4M $28.47M $28.07M $743.8M $759.0M $719.0M $683.3M $662.4M $293.5M $419.9M $246.8M $605.9M
YoY Change 0.33% 2500.28% 1.44% -96.23% -2.0% 5.56% 5.21% 3.16% 125.69% -30.1% 70.14% -59.27%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $742.8M $740.4M $28.47M $28.07M $743.8M $759.0M $719.0M $683.3M $662.4M $293.5M $419.9M $246.8M $605.9M
Cost Of Revenue $294.0M $277.4M $265.4M $267.6M $264.7M $274.1M $266.1M $250.0M $244.8M $41.90M $16.20M $15.40M $14.70M
Gross Profit $448.8M $463.0M $461.3M $446.7M $479.1M $484.9M $452.8M $433.3M $417.7M $251.7M $403.7M $231.4M $591.3M
Gross Profit Margin 60.42% 62.53% 1620.3% 1591.38% 64.42% 63.89% 62.98% 63.41% 63.06% 85.76% 96.14% 93.76% 97.59%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $61.99M $59.49M $59.13M $64.90M $68.60M $57.60M $61.60M $53.50M $42.10M $45.20M $56.90M $45.90M $103.9M
YoY Change 4.2% 0.6% -8.89% -5.39% 19.1% -6.49% 15.14% 27.08% -6.86% -20.56% 23.97% -55.82%
% of Gross Profit 13.81% 12.85% 12.82% 14.53% 14.32% 11.88% 13.6% 12.35% 10.08% 17.96% 14.09% 19.84% 17.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $250.6M $232.5M $232.5M $235.9M $248.3M $258.2M $266.0M $269.5M $294.6M $44.70M $10.60M $10.10M $10.70M
YoY Change 7.8% 0.01% -1.45% -4.99% -3.83% -2.93% -1.3% -8.52% 559.06% 321.7% 4.95% -5.61%
% of Gross Profit 55.84% 50.22% 50.39% 52.81% 51.83% 53.25% 58.75% 62.2% 70.53% 17.76% 2.63% 4.36% 1.81%
Operating Expenses $607.0M $569.9M $558.0M $300.1M $575.4M $637.3M $595.8M $575.4M $591.8M $97.80M $72.10M $62.60M $119.9M
YoY Change 6.51% 2.14% 85.93% -47.84% -9.72% 6.98% 3.54% -2.77% 505.1% 35.64% 15.18% -47.79%
Operating Profit -$158.2M -$106.9M -$96.63M $146.6M -$96.26M $121.6M $123.2M $107.9M $70.62M $153.9M $331.6M $168.8M $471.4M
YoY Change 47.93% 10.68% -165.91% -252.29% -179.15% -1.27% 14.13% 52.84% -54.11% -53.59% 96.45% -64.19%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense -$408.5M -$191.9M -$165.7M -$160.8M -$155.4M -$98.30M -$1.900M -$104.0M -$46.90M $190.7M -$17.70M -$22.10M -$26.50M
YoY Change 112.8% 15.82% 3.06% 3.47% 58.09% 5073.68% -98.17% 121.75% -124.59% -1177.4% -19.91% -16.6%
% of Operating Profit -109.69% -80.82% -1.54% -96.35% -66.41% 123.91% -5.34% -13.09% -5.62%
Other Income/Expense, Net -$1.244M -$1.709M -$134.0K -$824.0K -$2.342M $1.740M -$13.82M $400.0K $800.0K
YoY Change -27.21% 1175.37% -83.74% -64.82% -234.6% -112.59% -3554.25%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income -$369.9M -$24.93M $5.702M -$12.63M $4.520M $16.55M $112.4M $3.854M $23.71M $201.1M $313.9M $146.7M $445.7M
YoY Change 1383.54% -537.25% -145.15% -379.38% -72.7% -85.27% 2815.23% -83.74% -88.21% -35.94% 113.97% -67.09%
Income Tax $1.426M $3.265M $3.643M $1.493M $312.0K $3.139M $5.177M $1.785M $2.566M $19.00M $11.00M $7.000M $43.00M
% Of Pretax Income 63.89% 6.9% 18.96% 4.61% 46.32% 10.82% 9.45% 3.5% 4.77% 9.65%
Net Earnings -$259.7M -$36.40M -$20.35M -$24.70M -$36.90M $9.147M $86.38M -$9.934M -$4.419M $78.80M $16.50M $2.300M $55.60M
YoY Change 613.52% 78.85% -17.61% -33.05% -503.4% -89.41% -969.55% 124.8% -105.61% 377.58% 617.39% -95.86%
Net Earnings / Revenue -34.97% -4.92% -71.49% -88.01% -4.96% 1.21% 12.01% -1.45% -0.67% 26.85% 3.93% 0.93% 9.18%
Basic Earnings Per Share -$1.20 -$0.16 -$0.09 -$0.11 -$0.16 $0.04 $0.37 -$0.05 -$0.02
Diluted Earnings Per Share -$1.20 -$0.16 -$0.09 -$0.11 -$0.16 $0.04 $0.37 -$0.05 -$0.02 $371.5K $85.85K $11.97K $289.3K

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments $428.2M $408.9M $524.9M $434.5M $306.2M $339.7M $219.4M $163.0M $143.9M $438.6M $307.2M $305.0M
YoY Change 4.72% -22.1% 20.81% 41.9% -9.86% 54.83% 34.6% 13.27% -67.19% 42.77% 0.72%
Cash & Equivalents $428.2M $408.9M $524.9M $434.5M $306.2M $339.7M $219.4M $163.0M $143.9M $438.6M $307.2M $305.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $18.05M $23.87M $15.58M $17.50M $19.20M $20.10M $17.10M $15.30M $10.80M $7.700M $10.20M $5.400M
Other Receivables $0.00 $0.00 $0.00 $0.00 $36.90M $0.00 $0.00 $0.00 $0.00 $0.00 $3.000M $4.000M
Total Short-Term Assets $446.3M $432.8M $540.5M $452.0M $362.3M $359.8M $236.5M $178.3M $154.7M $446.3M $320.4M $314.4M
YoY Change 3.12% -19.93% 19.58% 24.76% 0.69% 52.14% 32.64% 15.26% -65.34% 39.29% 1.91%
Property, Plant & Equipment $6.746B $6.952B $6.915B $6.997B $7.194B $7.457B $7.842B $7.531B $7.409B $7.449B $357.3M $366.4M
YoY Change -2.96% 0.53% -1.17% -2.74% -3.53% -4.9% 4.12% 1.65% -0.54% 1984.86% -2.48%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $136.8M $396.9M $419.5M $425.6M $459.5M $147.9M $116.9M $112.0M $499.0M $349.3M $2.205B $1.915B
YoY Change -65.54% -5.39% -1.43% -7.38% 210.68% 26.52% 4.38% -77.56% 42.86% -84.16% 15.13%
Other Assets $541.4M $507.9M $459.7M $477.3M $458.2M $411.1M $350.5M $610.9M $194.6M $103.2M $33.70M $39.80M
YoY Change 6.58% 10.5% -3.69% 4.17% 11.46% 17.29% -42.63% 213.93% 88.57% 206.23% -15.33%
Total Long-Term Assets $7.560B $8.020B $7.954B $8.102B $8.372B $8.396B $8.681B $8.689B $8.621B $8.584B $2.602B $2.333B
YoY Change -5.74% 0.83% -1.83% -3.22% -0.29% -3.28% -0.09% 0.79% 0.42% 229.87% 11.53%
Total Assets $8.006B $8.453B $8.495B $8.554B $8.734B $8.756B $8.918B $8.867B $8.775B $9.030B $2.923B $2.648B
YoY Change
Accounts Payable $114.5M $123.2M $116.2M $101.9M $117.4M $124.3M $117.6M $103.9M $102.7M $93.50M $11.40M $3.700M
YoY Change -7.07% 6.01% 14.03% -13.2% -5.55% 5.7% 13.19% 1.17% 9.84% 720.18% 208.11%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $122.8M $141.2M $133.1M $118.7M $142.7M $150.2M $142.8M $129.1M $127.8M $93.50M $11.40M $3.700M
YoY Change -13.02% 6.1% 12.12% -16.82% -4.99% 5.18% 10.61% 1.02% 36.68% 720.18% 208.11%
Long-Term Debt $3.803B $3.840B $3.836B $3.801B $3.821B $3.567B $3.569B $3.622B $3.016B $2.922B $499.9M $517.5M
YoY Change -0.96% 0.12% 0.92% -0.53% 7.12% -0.05% -1.48% 20.12% 3.21% 484.48% -3.4%
Other Long-Term Liabilities $65.02M $60.97M $70.82M $118.9M $139.8M $147.2M $184.1M $228.5M $318.8M $457.4M $196.4M $165.4M
YoY Change 6.65% -13.91% -40.43% -14.95% -5.03% -20.04% -19.43% -28.32% -30.3% 132.89% 18.74%
Total Long-Term Liabilities $3.869B $3.901B $3.906B $3.920B $3.961B $3.714B $3.753B $3.851B $3.334B $3.379B $696.3M $682.9M
YoY Change -0.84% -0.13% -0.34% -1.04% 6.64% -1.03% -2.54% 15.48% -1.33% 385.31% 1.96%
Total Liabilities $4.803B $4.861B $4.906B $4.901B $4.948B $4.755B $4.741B $4.877B $5.014B $5.120B $2.601B $2.191B
YoY Change -1.19% -0.93% 0.11% -0.96% 4.06% 0.3% -2.79% -2.73% -2.06% 96.84% 18.7%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Basic Shares Outstanding 216.9M 221.3M 218.7M 222.4M 231.5M 239.5M 236.4M 218.1M 212.1M
Diluted Shares Outstanding 216.9M 221.3M 218.7M 222.4M 231.5M 239.6M 236.4M 218.1M 212.1M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $1.118 Billion

About Paramount Group, Inc.

Paramount Group, Inc. is a real estate investment and management company, which engages in the ownership, operation, management, acquisition, and redevelopment of office properties in central business district submarkets. The company is headquartered in New York City, New York and currently employs 329 full-time employees. The company went IPO on 2014-11-19. The firm conducts its business through, and substantially all its interests in properties and investments are held by, Paramount Group Operating Partnership LP (the Operating Partnership). The firm's segments include New York and San Francisco. The company owns and/or manages approximately eight wholly and partially owned properties aggregating 8.7 million square feet in New York; six wholly and partially owned properties aggregating 4.3 million square feet in San Francisco, and four managed properties aggregating 0.8 million square feet in New York and Washington, D.C. The firm also has an investment management business, where it serves as the general partner of real estate funds for institutional investors and high net-worth individuals.

Industry: Real Estate Investment Trusts Peers: Alexandria Real Estate Equities Inc Brandywine Realty Trust Veris Residential Inc COPT Defense Properties Easterly Government Properties Inc Hudson Pacific Properties, Inc. JBG SMITH Properties KBS Real Estate Investment Trust III, Inc. Piedmont Office Realty Trust, Inc. SL GREEN REALTY CORP