Financial Snapshot

Revenue
$233.2M
TTM
Gross Margin
87.9%
TTM
Net Earnings
-$43.03M
TTM
Current Assets
$307.1M
Q3 2024
Current Liabilities
$97.84M
Q3 2024
Current Ratio
313.85%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.132B
Q3 2024
Cash
Q3 2024
P/E
-10.97
Nov 15, 2024 EST
Free Cash Flow
$82.53M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $254.3M $416.5M $459.9M $397.5M $387.1M $336.4M $346.5M $62.81M
YoY Change -38.95% -9.43% 15.71% 2.67% 15.09% -2.92% 451.63% 149.76%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $254.3M $416.5M $459.9M $397.5M $387.1M $336.4M $346.5M $62.81M
Cost Of Revenue $32.06M $57.30M $67.85M $63.62M $61.60M $62.60M
Gross Profit $222.2M $359.2M $392.0M $333.8M $325.5M $273.8M
Gross Profit Margin 87.39% 86.24% 85.25% 83.99% 84.09% 81.4%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $64.49M $77.21M $81.73M $76.22M $63.10M $51.60M
YoY Change -16.48% -5.53% 7.22% 20.8% 22.29%
% of Gross Profit 29.02% 21.5% 20.85% 22.83% 19.39% 18.85%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $72.30M $113.2M $125.4M $94.00M $80.40M $60.10M $55.98M $11.63M
YoY Change -36.13% -9.73% 33.4% 16.92% 33.78% 7.36% 381.36% 136.57%
% of Gross Profit 32.53% 31.52% 31.99% 28.16% 24.7% 21.95%
Operating Expenses $618.3M $268.0M $291.4M $237.3M $216.5M $89.52M $81.27M $58.55M
YoY Change 130.73% -8.03% 22.79% 9.6% 141.85% 10.14% 38.82% 59.09%
Operating Profit -$364.0M -$36.34M $96.42M $73.08M $78.26M $77.98M $82.29M $4.264M
YoY Change 901.5% -137.69% 31.93% -6.62% 0.36% -5.24% 1829.97% -136.59%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense $65.62M $84.82M $85.09M $79.65M $73.56M $55.19M $51.02M $10.38M
YoY Change -22.63% -0.32% 6.83% 8.28% 33.27% 8.19% 391.28% 114.06%
% of Operating Profit 88.25% 108.98% 93.99% 70.78% 61.99% 243.53%
Other Income/Expense, Net $13.11M -$45.00K $1.521M $3.228M $7.700M $300.0K
YoY Change -29235.56% -102.96% -52.88% -58.08% 2466.67%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income -$605.1M -$441.4M $11.57M -$5.774M $37.00M $22.00M
YoY Change 37.09% -3914.88% -300.38% -115.61% 68.18%
Income Tax
% Of Pretax Income
Net Earnings -$557.9M -$411.9M $1.629M -$12.96M $24.79M $17.62M $140.7M -$6.104M
YoY Change 35.45% -25386.0% -112.57% -152.28% 40.69% -87.47% -2404.34% -64.61%
Net Earnings / Revenue -219.41% -98.9% 0.35% -3.26% 6.4% 5.24% 40.59% -9.72%
Basic Earnings Per Share -$15.50 -$11.41 $0.00 -$0.06 $0.11
Diluted Earnings Per Share -$15.50 -$11.41 $0.00 -$0.06 $0.11 $0.49

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $391.8M $233.2M $168.6M $169.0M $54.80M $48.50M
YoY Change 68.03% 38.29% -0.2% 208.31% 12.99%
Cash & Equivalents $391.8M $233.2M $168.6M $169.0M $54.80M $48.50M
Short-Term Investments
Other Short-Term Assets $27.45M $31.88M $40.38M $30.57M $33.60M $31.10M
YoY Change -13.9% -21.06% 32.1% -9.02% 8.04%
Inventory
Prepaid Expenses
Receivables $63.27M $79.57M $108.9M $98.12M $73.00M $55.20M
Other Receivables $0.00 $0.00 $271.0K $1.411M $800.0K $19.60M
Total Short-Term Assets $482.5M $344.6M $318.2M $299.1M $162.2M $154.4M
YoY Change 40.01% 8.32% 6.39% 84.37% 5.05%
Property, Plant & Equipment $2.093B $2.888B $4.616B $3.532B $3.652B $2.535B
YoY Change -27.52% -37.44% 30.68% -3.27% 44.05%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $50.21M $199.5M $0.00 $34.00K $11.00M $30.60M
YoY Change -74.83% -100.0% -99.69% -64.05%
Other Assets $28.32M $31.27M $62.03M $80.32M $107.8M $45.80M
YoY Change -9.44% -49.58% -22.77% -25.49% 135.37%
Total Long-Term Assets $2.307B $3.289B $4.955B $3.853B $4.013B $2.858B
YoY Change -29.85% -33.63% 28.6% -4.0% 40.4%
Total Assets $2.790B $3.633B $5.273B $4.152B $4.176B $3.013B
YoY Change
Accounts Payable $11.44M $17.40M $36.60M $50.79M $37.10M $19.90M
YoY Change -34.24% -52.45% -27.94% 36.9% 86.43%
Accrued Expenses $73.02M $69.09M $70.70M $65.39M $66.50M $9.300M
YoY Change 5.69% -2.28% 8.11% -1.67% 615.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $103.0M $114.6M $148.0M $158.1M $247.8M $116.3M
YoY Change -10.12% -22.56% -6.39% -36.21% 113.07%
Long-Term Debt $1.436B $1.485B $2.532B $2.140B $1.969B $1.354B
YoY Change -3.33% -41.34% 18.31% 8.7% 45.48%
Other Long-Term Liabilities $46.98M $47.24M $91.22M $113.4M $86.70M $57.30M
YoY Change -0.54% -48.22% -19.58% 30.82% 51.31%
Total Long-Term Liabilities $1.483B $1.533B $2.624B $2.254B $2.056B $1.411B
YoY Change -3.25% -41.58% 16.41% 9.63% 45.72%
Total Liabilities $1.678B $1.822B $2.990B $2.638B $2.549B $1.759B
YoY Change -7.92% -39.07% 13.33% 3.53% 44.86%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Basic Shares Outstanding 35.99M shares 36.06M shares 309.3M shares 230.0M shares 222.5M shares
Diluted Shares Outstanding 35.99M shares 36.06M shares 309.3M shares 230.0M shares 222.5M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $471.88 Million

About Peakstone Realty Trust

Peakstone Realty Trust operates as a real estate investment trust. The company is headquartered in El Segundo, California and currently employs 35 full-time employees. The company went IPO on 2023-04-13. The firm owns and operates a portfolio of predominantly single-tenant industrial and office properties. These assets are generally leased to creditworthy tenants under long-term net lease agreements with contractual rent escalations. The firm operates through three segments: Industrial, Office and Other. Industrial: Industrial segment comprised 19 industrial properties. Office segment comprised 35 office properties. Other segment comprised 17 properties. The Company’s long-term objective is to maximize shareholder value through the ownership and operation of industrial and select office assets located in strategic growth markets. The company seeks to generate internal and external growth by increasing the cash flow from its properties and expanding its portfolio by making industrial-focused investments. The firm has 71 properties located in 24 states.

Industry: Real Estate Investment Trusts Peers: Alexandria Real Estate Equities Inc Creative Media & Community Trust Corporation Franklin Street Properties Corp Office Properties Income Trust Orion Office REIT Inc