Paramount Group (PGRE) Financials

$4.35 +0.01 (+0.23%)

Closing price 04/23/2025 03:59 PM Eastern

Extended Trading

$4.36 +0.01 (+0.11%)

As of 08:00 AM Eastern

Annual Income Statements for Paramount Group

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-4.42	-9.93	86	9.15	-37	-25	-20	-36	-260	-46
Consolidated Net Income / (Loss)	21	2.07	107	19	-30	-19	2.06	-28	-371	-38
Net Income / (Loss) Continuing Operations	21	2.07	107	13	4.21	-14	0.00	0.00	0.00	0.00
Total Pre-Tax Income	24	3.85	112	17	4.52	-13	5.70	-25	-370	-36
Total Operating Income	71	108	123	153	168	145	169	170	115	147
Total Gross Profit	662	683	719	708	744	714	727	740	743	757
Total Revenue	662	683	719	708	744	714	727	740	743	757
Operating Revenue	662	683	719	708	710	714	727	740	743	757
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	592	575	596	555	575	569	558	570	627	610
Selling, General & Admin Expense	42	54	62	58	69	65	59	337	356	66
Depreciation Expense	295	269	266	241	240	235	232	233	251	240
Other Operating Expenses / (Income)	10	2.40	268	1.47	267	1.10	0.92	0.47	21	0.92
Other Special Charges / (Income)	245	250	-	255	-	268	265	-	-	303
Total Other Income / (Expense), net	-47	-104	-11	-137	-164	-158	-163	-192	-483	-184
Interest Expense	167	151	144	148	169	144	142	144	153	167
Interest & Investment Income	45	7.41	11	11	5.14	-14	-22	-48	-255	-17
Other Income / (Expense), net	76	39	122	-0.27	-0.34	0.27	0.78	-0.13	-75	0.27
Income Tax Expense	2.57	1.79	5.18	3.14	0.31	1.49	3.64	3.27	1.43	2.06
Net Income / (Loss) Discontinued Operations	-	-	-	5.58	-34	-5.08	0.00	0.00	0.00	0.00
Net Income / (Loss) Attributable to Noncontrolling Interest	26	12	21	9.85	7.30	5.51	22	-	-110	7.89
Basic Earnings per Share	($0.02)	($0.05)	$0.37	$0.04	($0.16)	($0.11)	($0.09)	($0.16)	($1.20)	($0.21)
Weighted Average Basic Shares Outstanding	212.11M	218.05M	236.37M	239.53M	231.54M	222.44M	218.70M	221.31M	216.92M	217.24M
Diluted Earnings per Share	($0.02)	($0.05)	$0.37	$0.04	($0.16)	($0.11)	($0.09)	($0.16)	($1.20)	($0.21)
Weighted Average Diluted Shares Outstanding	212.11M	218.05M	236.40M	239.56M	231.54M	222.44M	218.70M	221.31M	216.92M	217.24M
Weighted Average Basic & Diluted Shares Outstanding	212.11M	230.67M	240.43M	233.21M	227.51M	218.99M	219.11M	216.98M	217.37M	217.53M
Cash Dividends to Common per Share	$0.42	$0.38	$0.38	$0.40	$0.40	$0.40	$0.28	$0.37	$0.18	$0.11

This table shows Paramount Group'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
Net Income / (Loss) Attributable to Common Shareholders	-1.54	-38	1.73	-48	-8.39	-206	9.87	-7.82	-9.69	-39
Consolidated Net Income / (Loss)	1.22	-40	8.31	-83	-25	-272	17	-2.86	-4.20	-48
Net Income / (Loss) Continuing Operations	1.22	-11	1.73	-85	-29	112	17	-2.83	-4.20	-9.70
Total Pre-Tax Income	1.90	-38	8.60	-82	-25	-271	17	-2.50	-3.58	-47
Total Operating Income	43	39	45	17	33	21	39	34	38	36
Total Gross Profit	187	184	188	173	189	192	189	187	195	186
Total Revenue	187	184	188	173	189	192	189	187	195	186
Operating Revenue	187	184	188	173	189	192	180	187	195	195
Total Operating Expenses	144	145	144	155	156	172	150	153	157	150
Selling, General & Admin Expense	13	291	85	87	91	93	17	17	17	16
Depreciation Expense	58	61	59	63	60	69	61	62	60	57
Other Operating Expenses / (Income)	0.11	0.09	0.13	5.41	5.02	10	72	0.42	0.24	-72
Total Other Income / (Expense), net	-41	-73	-37	-102	-62	-283	-22	-37	-41	-83
Interest Expense	37	37	36	37	39	41	40	40	44	43
Interest & Investment Income	-4.22	-35	0.71	-25	-25	-206	18	3.12	2.54	-41
Other Income / (Expense), net	0.30	-0.76	-1.00	-39	1.97	-37	0.11	-0.02	0.11	0.07
Income Tax Expense	0.67	1.71	0.29	0.57	0.26	0.30	0.35	0.36	0.62	0.73
Net Income / (Loss) Attributable to Noncontrolling Interest	2.76	-	-	-37	-21	-	6.87	4.96	5.49	-9.42
Basic Earnings per Share	($0.01)	($0.17)	$0.01	($0.22)	($0.04)	($0.95)	$0.05	($0.04)	($0.04)	($0.18)
Weighted Average Basic Shares Outstanding	224.86M	221.31M	216.56M	217.00M	217.04M	216.92M	217.11M	217.20M	217.31M	217.24M
Diluted Earnings per Share	($0.01)	($0.17)	$0.01	($0.22)	($0.04)	($0.95)	$0.05	($0.04)	($0.04)	($0.18)
Weighted Average Diluted Shares Outstanding	224.86M	221.31M	216.62M	217.00M	217.04M	216.92M	217.19M	217.20M	217.31M	217.24M
Weighted Average Basic & Diluted Shares Outstanding	219.82M	216.98M	217.21M	217.31M	217.35M	217.37M	217.33M	217.46M	217.52M	217.53M

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-309	15	58	115	-34	134	64	-80	60	46
Net Cash From Operating Activities	-17	148	190	157	285	237	244	247	278	265
Net Cash From Continuing Operating Activities	-17	148	190	157	285	237	244	247	278	265
Net Income / (Loss) Continuing Operations	21	2.07	107	19	-30	-19	2.06	-28	-371	-38
Consolidated Net Income / (Loss)	21	2.07	107	19	-30	-19	2.06	-28	-371	-38
Depreciation Expense	295	269	266	258	248	236	232	233	251	240
Amortization Expense	-7.35	-2.73	-8.34	-5.04	8.33	4.54	6.06	4.41	0.84	4.43
Non-Cash Adjustments To Reconcile Net Income	-207	-65	-158	-25	30	25	50	66	409	47
Changes in Operating Assets and Liabilities, net	-118	-56	-17	-91	29	-9.21	-46	-28	-11	12
Net Cash From Investing Activities	-109	-653	296	157	-323	40	-103	-153	-160	-109
Net Cash From Continuing Investing Activities	-109	-653	296	157	-323	40	-103	-153	-160	-109
Purchase of Investments	-8.55	-653	-306	-188	-369	-16	-33	-23	-61	-2.74
Sale and/or Maturity of Investments	7.07	2.35	47	25	38	22	40	0.00	0.00	10
Other Investing Activities, net	-108	-1.78	14	330	7.61	34	-110	-129	-99	-116
Net Cash From Financing Activities	-182	519	-428	-198	4.08	-143	-76	-174	-58	-110
Net Cash From Continuing Financing Activities	-182	519	-428	-198	4.08	-143	-76	-174	-58	-110
Repayment of Debt	-947	-1,063	-1,350	-34	-1,256	-200	-867	0.00	-274	-986
Repurchase of Common Equity	-	0.00	0.00	-103	-97	-120	0.00	-63	-1.85	0.00
Payment of Dividends	-404	-104	-220	-123	-148	-111	-98	-114	-61	-28
Issuance of Debt	1,034	1,702	1,052	17	1,492	173	889	0.00	232	850
Issuance of Common Equity	168	7.65	101	45	15	12	0.12	0.00	0.00	62
Other Financing Activities, net	-34	-24	-9.87	0.00	-1.32	103	-0.24	2.97	47	-8.16
Cash Interest Paid	159	140	132	136	139	136	132	139	144	156
Cash Income Taxes Paid	2.80	2.10	5.05	4.05	2.47	1.37	1.76	2.71	0.89	2.03

This table details how cash moves in and out of Paramount Group'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
Net Change in Cash & Equivalents	-22	-60	61	-3.54	-37	39	-62	24	20	63
Net Cash From Operating Activities	43	72	58	80	38	102	70	67	40	88
Net Cash From Continuing Operating Activities	43	72	58	80	38	102	70	67	40	88
Net Income / (Loss) Continuing Operations	1.22	-40	8.31	-83	-25	-272	17	-2.86	-4.20	-48
Consolidated Net Income / (Loss)	1.22	-40	8.31	-83	-25	-272	17	-2.86	-4.20	-48
Depreciation Expense	58	61	59	63	60	69	61	62	60	57
Amortization Expense	1.62	0.38	0.50	0.09	0.11	0.14	1.03	1.00	1.25	1.15
Non-Cash Adjustments To Reconcile Net Income	6.68	43	0.65	82	32	294	-9.94	5.63	3.57	48
Changes in Operating Assets and Liabilities, net	-24	7.35	-10	18	-30	11	0.95	1.47	-21	31
Net Cash From Investing Activities	-18	-67	-19	-65	-23	-53	-41	-24	-10	-34
Net Cash From Continuing Investing Activities	-18	-67	-19	-65	-23	-53	-41	-24	-10	-34
Purchase of Investments	-	-12	0.00	-41	-	-20	0.00	-1.90	-	-0.84
Other Investing Activities, net	-72	-55	-19	-24	-23	-33	-41	-22	-20	-33
Net Cash From Financing Activities	-48	-65	22	-19	-51	-10	-90	-19	-9.19	8.62
Net Cash From Continuing Financing Activities	-48	-65	22	-19	-51	-10	-90	-19	-9.19	8.62
Payment of Dividends	-28	-25	-22	-19	-9.78	-9.96	-9.17	-9.20	-9.19	-0.82
Other Financing Activities, net	-0.00	3.26	44	2.93	-0.08	-0.00	-7.64	-9.96	-	9.44
Cash Interest Paid	35	37	33	36	38	38	38	38	40	40
Cash Income Taxes Paid	0.24	0.53	0.32	0.28	0.13	0.17	0.22	0.52	0.30	0.99

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

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	9,030	8,775	8,867	8,918	8,756	8,734	8,554	8,495	8,453	8,006	7,872
Total Current Assets	522	218	577	297	385	325	483	545	474	528	574
Cash & Equivalents	439	144	163	219	340	306	435	525	409	428	375
Restricted Cash	56	42	29	31	26	-	31	4.77	41	81	180
Accounts Receivable	7.69	11	15	17	20	19	18	16	24	18	18
Plant, Property, & Equipment, net	7,449	7,409	7,531	7,842	7,457	7,100	6,997	6,915	6,846	6,745	6,652
Plant, Property & Equipment, gross	7,530	7,652	7,849	8,329	8,102	7,890	7,963	8,028	8,144	8,217	8,291
Accumulated Depreciation	81	243	318	488	645	790	967	1,113	1,298	1,472	1,640
Total Noncurrent Assets	1,059	1,148	760	780	913	1,309	1,075	1,034	1,028	733	646
Long-Term Investments	5.75	61	35	52	125	459	426	420	397	137	91
Intangible Assets	669	511	412	352	270	203	154	119	90	68	50
Other Noncurrent Operating Assets	384	576	313	375	518	542	495	495	541	528	505
Total Liabilities & Shareholders' Equity	9,030	8,775	8,867	8,918	8,756	8,734	8,554	8,495	8,453	8,006	7,872
Total Liabilities	3,475	3,465	3,981	3,896	3,864	4,103	4,038	4,040	4,042	3,991	3,862
Total Current Liabilities	93	128	129	143	150	143	119	133	141	123	120
Accounts Payable	93	103	104	118	124	117	102	116	123	114	120
Dividends Payable	0.00	25	25	25	26	25	17	17	18	8.36	0.00
Total Noncurrent Liabilities	3,382	3,337	3,852	3,753	3,714	3,961	3,920	3,906	3,901	3,869	3,742
Long-Term Debt	2,852	20	230	0.00	0.00	3,821	3,801	3,836	3,840	3,803	3,677
Other Noncurrent Operating Liabilities	527	3,314	3,622	3,753	3,714	140	119	71	61	65	65
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5,555	5,311	4,886	5,022	4,892	4,631	4,516	4,455	4,411	4,015	4,009
Total Preferred & Common Equity	3,911	3,761	3,990	4,177	4,001	3,786	3,653	3,588	3,592	3,203	3,141
Total Common Equity	3,911	3,761	3,990	4,177	4,001	3,786	3,653	3,588	3,592	3,203	3,141
Common Stock	3,854	3,805	4,119	4,300	4,204	4,135	4,122	4,125	4,188	4,136	4,146
Accumulated Other Comprehensive Income / (Loss)	0.00	-7.84	0.37	10	17	-0.17	-13	2.14	48	11	0.43
Other Equity Adjustments	-	-	-	-	-220	-350	-456	-539	-644	-944	-1,006
Noncontrolling Interest	1,644	1,550	896	845	891	845	863	867	818	812	868

This table presents Paramount Group'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
Total Assets	8,496	8,480	8,368	8,289	7,930	7,902	7,891
Total Current Assets	530	530	521	485	464	486	511
Cash & Equivalents	469	452	435	400	276	307	319
Restricted Cash	40	59	73	71	172	165	174
Accounts Receivable	20	19	14	14	16	14	19
Plant, Property, & Equipment, net	6,871	6,814	6,787	6,756	6,721	6,692	6,661
Plant, Property & Equipment, gross	8,119	8,152	8,165	8,184	8,245	8,243	8,257
Accumulated Depreciation	1,248	1,338	1,378	1,428	1,524	1,550	1,596
Total Noncurrent Assets	1,096	1,028	993	979	745	724	719
Long-Term Investments	443	388	404	373	137	135	134
Intangible Assets	97	84	80	74	63	58	54
Other Noncurrent Operating Assets	555	555	509	532	545	531	531
Total Liabilities & Shareholders' Equity	8,496	8,480	8,368	8,289	7,930	7,902	7,891
Total Liabilities	4,073	4,043	4,020	3,979	3,851	3,846	3,840
Total Current Liabilities	171	137	122	118	123	119	115
Accounts Payable	152	119	113	109	115	111	115
Dividends Payable	19	18	8.19	8.36	8.38	8.38	0.00
Total Noncurrent Liabilities	3,902	3,906	3,898	3,861	3,728	3,727	3,725
Long-Term Debt	3,839	3,841	3,843	3,802	3,670	3,672	3,674
Other Noncurrent Operating Liabilities	63	64	56	58	58	55	50
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	4,423	4,437	4,348	4,310	4,079	4,056	4,051
Total Preferred & Common Equity	3,674	3,563	3,507	3,429	3,199	3,182	3,174
Total Common Equity	3,674	3,563	3,507	3,429	3,199	3,182	3,174
Common Stock	4,213	4,184	4,186	4,131	4,134	4,138	4,143
Accumulated Other Comprehensive Income / (Loss)	51	38	36	29	7.08	1.55	-1.76
Other Equity Adjustments	-590	-660	-715	-731	-942	-957	-967
Noncontrolling Interest	749	875	841	881	880	874	878

This table displays calculated financial ratios and metrics derived from Paramount Group's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	3.16%	5.21%	-1.57%	5.10%	-3.97%	1.76%	1.87%	0.33%	1.97%
EBITDA Growth	0.00%	-4.54%	21.42%	-19.23%	4.62%	-9.09%	5.70%	-0.21%	-28.35%	34.20%
EBIT Growth	0.00%	0.60%	66.35%	-37.62%	9.98%	-13.29%	16.39%	0.45%	-76.32%	266.03%
NOPAT Growth	0.00%	-7.99%	102.80%	5.56%	26.38%	-35.06%	-40.12%	95.77%	-32.36%	27.81%
Net Income Growth	0.00%	-90.21%	5,080.09%	-82.28%	-255.86%	35.16%	110.73%	-1,469.45%	-1,216.82%	89.66%
EPS Growth	0.00%	-150.00%	840.00%	-89.19%	-500.00%	31.25%	18.18%	-77.78%	-650.00%	82.50%
Operating Cash Flow Growth	0.00%	974.83%	28.21%	-17.67%	82.36%	-16.88%	2.96%	0.95%	12.66%	-4.65%
Free Cash Flow Firm Growth	0.00%	0.00%	-108.86%	876.17%	-831.97%	108.80%	-45.51%	10.90%	35.76%	11.23%
Invested Capital Growth	0.00%	-10.66%	3.76%	-6.13%	71.82%	-2.16%	-1.13%	-0.56%	-1.88%	-1.94%
Revenue Q/Q Growth	0.00%	-0.54%	1.91%	0.00%	0.00%	-0.61%	0.26%	-0.03%	1.15%	-0.81%
EBITDA Q/Q Growth	0.00%	2.81%	-3.35%	58.87%	68.77%	127.34%	153.05%	-1.18%	-13.77%	11.73%
EBIT Q/Q Growth	0.00%	6.87%	-8.26%	0.00%	0.00%	-5.66%	6.85%	-4.84%	-57.25%	54.94%
NOPAT Q/Q Growth	0.00%	-46.26%	-0.30%	0.00%	0.00%	-5.84%	-45.14%	-22.22%	-13.58%	11.85%
Net Income Q/Q Growth	0.00%	-91.71%	-3.95%	0.00%	0.00%	67.66%	112.69%	-265.33%	-166.82%	85.35%
EPS Q/Q Growth	0.00%	-350.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-900.00%	-185.71%	78.57%
Operating Cash Flow Q/Q Growth	0.00%	3,055.02%	5.50%	-29.56%	24.65%	319.68%	-45.42%	6.93%	12.12%	-4.99%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	-101.70%	112.79%	-1,388.72%	-22.96%	-38.29%	-29.55%	3.02%	20.38%
Invested Capital Q/Q Growth	0.00%	-41.61%	-1.09%	-44.65%	-2.02%	-1.11%	-0.59%	-0.15%	-0.41%	-0.84%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	65.47%	60.58%	69.91%	57.37%	57.11%	54.06%	56.16%	55.01%	39.29%	51.70%
Operating Margin	10.66%	15.80%	17.13%	21.63%	22.64%	20.36%	23.23%	23.03%	15.52%	19.46%
EBIT Margin	22.10%	21.55%	34.07%	21.59%	22.59%	20.40%	23.33%	23.01%	5.43%	19.49%
Profit (Net Income) Margin	3.19%	0.30%	14.91%	2.68%	-3.98%	-2.69%	0.28%	-3.81%	-49.99%	-5.07%
Tax Burden Percent	89.18%	53.68%	95.39%	114.73%	-654.93%	152.01%	36.11%	113.10%	100.39%	105.66%
Interest Burden Percent	16.20%	2.62%	45.87%	10.83%	2.69%	-8.67%	3.36%	-14.64%	-916.94%	-24.61%
Effective Tax Rate	10.82%	46.32%	4.61%	18.96%	6.90%	0.00%	63.89%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	1.24%	1.20%	2.54%	2.71%	2.61%	1.35%	0.82%	1.63%	1.11%	1.45%
ROIC Less NNEP Spread (ROIC-NNEP)	19.98%	21.02%	5.73%	29.96%	-12.24%	-2.75%	-1.20%	-3.45%	-13.78%	-3.12%
Return on Net Nonoperating Assets (RNNOA)	-0.84%	-1.16%	-0.37%	-2.33%	-3.23%	-1.77%	-0.78%	-2.26%	-9.93%	-2.41%
Return on Equity (ROE)	0.40%	0.04%	2.16%	0.38%	-0.62%	-0.42%	0.05%	-0.64%	-8.81%	-0.96%
Cash Return on Invested Capital (CROIC)	0.00%	12.46%	-1.15%	9.03%	-50.24%	3.53%	1.96%	2.19%	3.01%	3.41%
Operating Return on Assets (OROA)	1.64%	1.67%	2.75%	1.73%	1.92%	1.69%	1.99%	2.01%	0.49%	1.86%
Return on Assets (ROA)	0.24%	0.02%	1.21%	0.21%	-0.34%	-0.22%	0.02%	-0.33%	-4.51%	-0.48%
Return on Common Equity (ROCE)	0.28%	0.03%	1.78%	0.32%	-0.51%	-0.34%	0.04%	-0.52%	-7.11%	-0.76%
Return on Equity Simple (ROE_SIMPLE)	0.56%	0.05%	2.57%	0.47%	-0.78%	-0.53%	0.06%	-0.78%	-11.59%	-1.22%
Net Operating Profit after Tax (NOPAT)	63	58	118	124	157	102	61	119	81	103
NOPAT Margin	9.51%	8.48%	16.34%	17.53%	21.08%	14.25%	8.39%	16.12%	10.87%	13.62%
Net Nonoperating Expense Percent (NNEP)	-18.74%	-19.81%	-3.20%	-27.25%	14.85%	4.10%	2.02%	5.08%	14.89%	4.57%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	1.45%	1.03%	1.34%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	6.35%	7.83%	8.56%	8.13%	9.22%	9.09%	8.14%	45.51%	47.92%	8.76%
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	89.34%	84.20%	82.87%	78.37%	77.36%	79.64%	76.77%	76.97%	84.48%	80.54%
Earnings before Interest and Taxes (EBIT)	146	147	245	153	168	146	170	170	40	148
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	434	414	503	406	425	386	408	407	292	392
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.77	0.69	0.72	0.61	0.70	0.48	0.46	0.34	0.35	0.34
Price to Tangible Book Value (P/TBV)	0.89	0.77	0.79	0.65	0.74	0.50	0.48	0.35	0.35	0.35
Price to Revenue (P/Rev)	4.38	4.01	4.20	3.43	3.58	2.45	2.28	1.67	1.49	1.42
Price to Earnings (P/E)	0.00	0.00	34.92	265.71	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	3.06%	3.07%	3.02%	3.90%	3.42%	4.65%	3.70%	5.52%	3.59%	2.83%
Earnings Yield	0.00%	0.00%	2.86%	0.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.83	0.80	0.75	0.64	0.86	0.74	0.74	0.69	0.71	0.71
Enterprise Value to Revenue (EV/Rev)	6.35	5.29	4.91	4.00	8.82	7.73	7.44	6.82	6.83	6.57
Enterprise Value to EBITDA (EV/EBITDA)	9.69	8.73	7.02	6.97	15.44	14.30	13.25	12.39	17.39	12.70
Enterprise Value to EBIT (EV/EBIT)	28.71	24.54	14.41	18.52	39.03	37.90	31.89	29.63	125.81	33.68
Enterprise Value to NOPAT (EV/NOPAT)	66.74	62.37	30.04	22.82	41.84	54.25	88.72	42.30	62.88	48.21
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	24.37	18.57	18.08	22.98	23.28	22.14	20.47	18.26	18.77
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	6.02	0.00	6.85	0.00	20.77	37.32	31.41	23.26	20.50
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.05	0.00	0.00	0.83	0.84	0.86	0.87	0.95	0.92
Long-Term Debt to Equity	0.00	0.05	0.00	0.00	0.83	0.84	0.86	0.87	0.95	0.92
Financial Leverage	-0.04	-0.06	-0.07	-0.08	0.26	0.65	0.65	0.66	0.72	0.77
Leverage Ratio	1.64	1.73	1.80	1.78	1.84	1.89	1.90	1.91	1.95	1.98
Compound Leverage Factor	0.27	0.05	0.82	0.19	0.05	-0.16	0.06	-0.28	-17.91	-0.49
Debt to Total Capital	0.38%	4.50%	0.00%	0.00%	45.21%	45.70%	46.26%	46.54%	48.65%	47.83%
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	0.38%	4.50%	0.00%	0.00%	45.21%	45.70%	46.26%	46.54%	48.65%	47.83%
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	29.07%	17.51%	16.83%	18.21%	10.00%	10.37%	10.46%	9.92%	10.38%	11.30%
Common Equity to Total Capital	70.56%	77.99%	83.17%	81.79%	44.79%	43.93%	43.28%	43.54%	40.97%	40.87%
Debt to EBITDA	0.05	0.56	0.00	0.00	9.00	9.84	9.40	9.43	13.03	9.39
Net Debt to EBITDA	-0.57	-0.05	0.00	0.00	7.19	7.54	7.07	7.35	10.82	7.74
Long-Term Debt to EBITDA	0.05	0.56	0.00	0.00	9.00	9.84	9.40	9.43	13.03	9.39
Debt to NOPAT	0.32	3.97	0.00	0.00	24.37	37.33	62.92	32.18	47.12	35.64
Net Debt to NOPAT	-3.94	-0.33	0.00	0.00	19.49	28.58	47.35	25.09	39.11	29.38
Long-Term Debt to NOPAT	0.32	3.97	0.00	0.00	24.37	37.33	62.92	32.18	47.12	35.64
Altman Z-Score	0.64	0.58	0.64	0.55	0.56	0.45	0.46	0.38	0.34	0.39
Noncontrolling Interest Sharing Ratio	29.39%	23.98%	17.57%	17.51%	18.23%	18.67%	19.28%	19.01%	19.35%	20.93%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.71	4.47	2.08	2.57	2.28	4.07	4.10	3.35	4.30	4.79
Quick Ratio	1.38	1.55	1.86	2.39	2.28	3.81	4.06	3.06	3.63	3.28
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	600	-53	413	-3,023	266	145	161	218	243
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	0.00	3.98	-0.37	2.80	-17.92	1.84	1.02	1.12	1.43	1.45
Operating Cash Flow to Interest Expense	-0.10	0.98	1.32	1.06	1.69	1.65	1.72	1.71	1.82	1.59
Operating Cash Flow Less CapEx to Interest Expense	-0.10	0.98	5.08	1.06	1.69	1.65	1.72	1.71	1.82	1.59
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.07	0.08	0.08	0.08	0.09	0.08	0.09	0.09	0.09	0.10
Accounts Receivable Turnover	71.47	52.37	44.47	38.09	37.84	38.89	43.94	37.54	35.44	41.75
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	0.09	0.09	0.09	0.09	0.10	0.10	0.10	0.11	0.11	0.11
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	5.11	6.97	8.21	9.58	9.65	9.39	8.31	9.72	10.30	8.74
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	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	5.11	6.97	8.21	9.58	9.65	9.39	8.31	9.72	10.30	8.74
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,087	4,545	4,716	4,427	7,606	7,442	7,358	7,317	7,180	7,040
Invested Capital Turnover	0.13	0.14	0.16	0.15	0.12	0.09	0.10	0.10	0.10	0.11
Increase / (Decrease) in Invested Capital	0.00	-542	171	-289	3,180	-164	-84	-41	-137	-139
Enterprise Value (EV)	4,203	3,614	3,531	2,831	6,559	5,523	5,408	5,048	5,075	4,973
Market Capitalization	2,902	2,737	3,017	2,430	2,659	1,751	1,655	1,236	1,106	1,075
Book Value per Share	$17.73	$18.05	$17.40	$16.86	$16.65	$16.59	$16.39	$16.34	$14.74	$14.44
Tangible Book Value per Share	$15.32	$16.18	$15.93	$15.72	$15.75	$15.90	$15.84	$15.93	$14.42	$14.21
Total Capital	5,331	5,116	5,022	4,892	8,452	8,316	8,291	8,251	7,818	7,686
Total Debt	20	230	0.00	0.00	3,821	3,801	3,836	3,840	3,803	3,677
Total Long-Term Debt	20	230	0.00	0.00	3,821	3,801	3,836	3,840	3,803	3,677
Net Debt	-248	-19	-331	-491	3,055	2,910	2,886	2,994	3,157	3,031
Capital Expenditures (CapEx)	0.00	0.00	-540	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-117	233	-126	-130	-123	-101	-118	-117	-105	-102
Debt-free Net Working Capital (DFNWC)	90	448	154	235	183	364	412	332	405	454
Net Working Capital (NWC)	90	448	154	235	183	364	412	332	405	454
Net Nonoperating Expense (NNE)	42	56	10	105	186	121	59	148	452	142
Net Nonoperating Obligations (NNO)	-223	-341	-306	-465	2,975	2,927	2,903	2,906	3,165	3,031
Total Depreciation and Amortization (D&A)	287	267	258	253	257	240	239	237	251	244
Debt-free, Cash-free Net Working Capital to Revenue	-17.66%	34.08%	-17.49%	-18.39%	-16.59%	-14.17%	-16.17%	-15.85%	-14.11%	-13.42%
Debt-free Net Working Capital to Revenue	13.63%	65.50%	21.38%	33.24%	24.58%	50.98%	56.71%	44.91%	54.50%	59.91%
Net Working Capital to Revenue	13.63%	65.50%	21.38%	33.24%	24.58%	50.98%	56.71%	44.91%	54.50%	59.91%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.02)	($0.05)	$0.37	$0.04	($0.16)	($0.11)	($0.09)	($0.16)	($1.20)	($0.21)
Adjusted Weighted Average Basic Shares Outstanding	212.11M	218.05M	236.37M	239.53M	231.54M	222.44M	218.70M	221.31M	216.92M	217.24M
Adjusted Diluted Earnings per Share	($0.02)	($0.05)	$0.37	$0.04	($0.16)	($0.11)	($0.09)	($0.16)	($1.20)	($0.21)
Adjusted Weighted Average Diluted Shares Outstanding	212.11M	218.05M	236.40M	239.56M	231.54M	222.44M	218.70M	221.31M	216.92M	217.24M
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	212.11M	230.67M	240.43M	233.21M	227.51M	218.99M	219.11M	216.98M	217.37M	217.53M
Normalized Net Operating Profit after Tax (NOPAT)	281	192	118	330	157	289	304	119	81	315
Normalized NOPAT Margin	42.46%	28.12%	16.34%	46.70%	21.08%	40.48%	41.82%	16.12%	10.87%	41.65%
Pre Tax Income Margin	3.58%	0.56%	15.63%	2.34%	0.61%	-1.77%	0.78%	-3.37%	-49.80%	-4.80%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.87	0.98	1.70	1.03	1.00	1.01	1.19	1.18	0.26	0.88
NOPAT to Interest Expense	0.38	0.38	0.82	0.84	0.93	0.71	0.43	0.83	0.53	0.62
EBIT Less CapEx to Interest Expense	0.87	0.98	5.46	1.03	1.00	1.01	1.19	1.18	0.26	0.88
NOPAT Less CapEx to Interest Expense	0.38	0.38	4.58	0.84	0.93	0.71	0.43	0.83	0.53	0.62
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	1,908.71%	5,033.98%	205.30%	648.87%	-501.13%	-577.09%	4,760.47%	-403.32%	-16.52%	-73.93%
Augmented Payout Ratio	1,908.71%	5,033.98%	205.30%	1,190.45%	-829.26%	-1,202.22%	4,760.47%	-627.29%	-17.02%	-73.93%

This table displays calculated financial ratios and metrics derived from Paramount Group'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
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.47%	-0.10%	2.61%	-6.93%	1.09%	4.59%	0.21%	8.54%	3.02%	-3.22%
EBITDA Growth	2.07%	-4.68%	0.30%	-60.12%	-7.47%	-46.86%	-1.42%	138.29%	3.94%	77.78%
EBIT Growth	3.99%	-18.60%	-4.98%	-150.35%	-18.94%	-142.60%	-9.67%	256.76%	8.03%	324.37%
NOPAT Growth	-20.28%	-29.37%	2.41%	-69.61%	-16.44%	-46.88%	-10.74%	98.78%	14.15%	76.08%
Net Income Growth	-73.58%	-797.95%	35.81%	-2,151.24%	-2,147.47%	-586.51%	101.24%	96.55%	83.23%	82.31%
EPS Growth	0.00%	-1,800.00%	-50.00%	0.00%	-300.00%	-458.82%	400.00%	81.82%	0.00%	81.05%
Operating Cash Flow Growth	-19.19%	28.40%	-1.20%	10.58%	-13.33%	41.60%	20.57%	-16.39%	5.79%	-13.60%
Free Cash Flow Firm Growth	-35.40%	-44.04%	125.81%	-1.01%	38.29%	121.93%	-7.65%	-6.74%	-4.07%	8.55%
Invested Capital Growth	-1.01%	-0.56%	-1.70%	-1.52%	-1.62%	-1.88%	-1.62%	-1.27%	-1.52%	-1.94%
Revenue Q/Q Growth	0.88%	-1.67%	2.42%	-8.39%	9.57%	1.74%	-1.87%	-0.78%	4.00%	-4.43%
EBITDA Q/Q Growth	0.73%	-3.39%	3.45%	-60.39%	133.71%	-44.51%	91.91%	-4.26%	1.94%	-5.09%
EBIT Q/Q Growth	-1.22%	-12.02%	14.89%	-150.44%	259.01%	-146.24%	343.59%	-12.48%	9.58%	-3.96%
NOPAT Q/Q Growth	-30.84%	-1.97%	59.11%	-71.83%	90.18%	-37.68%	167.37%	-37.27%	9.21%	-3.88%
Net Income Q/Q Growth	-69.69%	-3,333.74%	121.01%	-1,096.26%	69.74%	-984.26%	106.16%	-117.09%	-46.96%	-1,043.52%
EPS Q/Q Growth	0.00%	-1,600.00%	105.88%	-2,300.00%	81.82%	-2,275.00%	105.26%	-180.00%	0.00%	-350.00%
Operating Cash Flow Q/Q Growth	-40.20%	66.73%	-19.73%	38.16%	-53.13%	172.40%	-31.66%	-4.19%	-40.69%	122.48%
Free Cash Flow Firm Q/Q Growth	-18.30%	-33.11%	147.35%	-26.77%	14.13%	7.35%	2.92%	-26.04%	17.39%	21.48%
Invested Capital Q/Q Growth	-0.07%	-0.15%	-0.38%	-0.94%	-0.16%	-0.41%	-0.11%	-0.59%	-0.41%	-0.84%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	55.02%	54.06%	54.60%	23.61%	50.36%	27.47%	53.72%	51.83%	50.81%	50.46%
Operating Margin	22.85%	21.00%	23.62%	10.03%	17.41%	10.66%	20.76%	18.37%	19.29%	19.40%
EBIT Margin	23.01%	20.59%	23.09%	-12.71%	18.45%	-8.39%	20.82%	18.36%	19.35%	19.44%
Profit (Net Income) Margin	0.65%	-21.51%	4.41%	-47.97%	-13.25%	-141.18%	8.86%	-1.53%	-2.16%	-25.80%
Tax Burden Percent	64.52%	104.50%	96.65%	100.70%	101.06%	100.11%	97.97%	114.49%	117.27%	101.54%
Interest Burden Percent	4.41%	-99.97%	19.76%	374.71%	-71.04%	1,681.69%	43.44%	-7.26%	-9.50%	-130.70%
Effective Tax Rate	35.48%	0.00%	3.35%	0.00%	0.00%	0.00%	2.03%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	1.48%	1.48%	2.31%	0.71%	1.23%	0.77%	2.09%	1.36%	1.44%	1.45%
ROIC Less NNEP Spread (ROIC-NNEP)	0.58%	-0.81%	1.12%	-2.59%	-0.43%	-8.66%	1.36%	0.45%	0.42%	-0.92%
Return on Net Nonoperating Assets (RNNOA)	0.38%	-0.53%	0.73%	-1.70%	-0.28%	-6.24%	0.95%	0.32%	0.30%	-0.71%
Return on Equity (ROE)	1.86%	0.95%	3.04%	-0.99%	0.95%	-5.47%	3.04%	1.68%	1.74%	0.74%
Cash Return on Invested Capital (CROIC)	3.10%	2.19%	3.33%	2.91%	2.91%	3.01%	2.69%	2.51%	2.82%	3.41%
Operating Return on Assets (OROA)	2.00%	1.80%	2.03%	-1.11%	1.61%	-0.76%	1.89%	1.71%	1.83%	1.86%
Return on Assets (ROA)	0.06%	-1.88%	0.39%	-4.17%	-1.16%	-12.74%	0.80%	-0.14%	-0.20%	-2.46%
Return on Common Equity (ROCE)	1.60%	0.77%	2.45%	-0.81%	0.77%	-4.42%	2.41%	1.34%	1.37%	0.58%
Return on Equity Simple (ROE_SIMPLE)	0.46%	0.00%	-0.73%	-3.22%	-4.06%	0.00%	-11.34%	-8.89%	-8.26%	0.00%
Net Operating Profit after Tax (NOPAT)	28	27	43	12	23	14	38	24	26	25
NOPAT Margin	14.74%	14.70%	22.83%	7.02%	12.19%	7.46%	20.34%	12.86%	13.50%	13.58%
Net Nonoperating Expense Percent (NNEP)	0.90%	2.29%	1.20%	3.30%	1.66%	9.43%	0.73%	0.91%	1.03%	2.37%
Return On Investment Capital (ROIC_SIMPLE)	-	0.33%	-	-	-	0.18%	-	-	-	0.33%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	7.03%	158.35%	45.06%	50.56%	48.08%	48.19%	8.81%	8.87%	8.55%	8.80%
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	77.15%	79.00%	76.38%	89.97%	82.59%	89.34%	79.24%	81.63%	80.71%	80.60%
Earnings before Interest and Taxes (EBIT)	43	38	44	-22	35	-16	39	34	38	36
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	103	99	103	41	95	53	101	97	99	94
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.36	0.34	0.27	0.27	0.29	0.35	0.32	0.32	0.34	0.34
Price to Tangible Book Value (P/TBV)	0.37	0.35	0.27	0.27	0.29	0.35	0.32	0.32	0.34	0.35
Price to Revenue (P/Rev)	1.77	1.67	1.28	1.28	1.34	1.49	1.36	1.33	1.40	1.42
Price to Earnings (P/E)	486.14	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	5.20%	5.52%	7.06%	6.22%	4.98%	3.59%	3.01%	3.02%	2.85%	2.83%
Earnings Yield	0.21%	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)	0.67	0.69	0.65	0.65	0.67	0.71	0.69	0.69	0.70	0.71
Enterprise Value to Revenue (EV/Rev)	6.68	6.82	6.40	6.43	6.57	6.83	6.69	6.52	6.54	6.57
Enterprise Value to EBITDA (EV/EBITDA)	12.00	12.39	11.70	13.60	14.25	17.39	17.14	14.26	14.25	12.70
Enterprise Value to EBIT (EV/EBIT)	27.63	29.63	28.38	45.90	51.10	125.81	137.72	53.47	52.43	33.68
Enterprise Value to NOPAT (EV/NOPAT)	32.23	42.30	40.23	46.93	51.63	62.88	64.62	55.59	54.17	48.21
Enterprise Value to Operating Cash Flow (EV/OCF)	21.44	20.47	19.39	18.56	19.46	18.26	17.17	17.88	17.92	18.77
Enterprise Value to Free Cash Flow (EV/FCFF)	21.68	31.41	19.49	22.19	22.77	23.26	25.54	27.41	24.79	20.50
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.87	0.87	0.87	0.88	0.88	0.95	0.90	0.91	0.91	0.92
Long-Term Debt to Equity	0.87	0.87	0.87	0.88	0.88	0.95	0.90	0.91	0.91	0.92
Financial Leverage	0.66	0.66	0.65	0.65	0.66	0.72	0.70	0.71	0.71	0.77
Leverage Ratio	1.92	1.91	1.91	1.91	1.92	1.95	1.93	1.94	1.94	1.98
Compound Leverage Factor	0.08	-1.91	0.38	7.18	-1.37	32.85	0.84	-0.14	-0.18	-2.59
Debt to Total Capital	46.47%	46.54%	46.40%	46.92%	46.87%	48.65%	47.36%	47.52%	47.56%	47.83%
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	46.47%	46.54%	46.40%	46.92%	46.87%	48.65%	47.36%	47.52%	47.56%	47.83%
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	9.06%	9.92%	10.56%	10.26%	10.86%	10.38%	11.35%	11.31%	11.36%	11.30%
Common Equity to Total Capital	44.47%	43.54%	43.03%	42.82%	42.27%	40.97%	41.29%	41.18%	41.08%	40.87%
Debt to EBITDA	9.31	9.43	9.43	11.10	11.24	13.03	12.64	10.59	10.48	9.39
Net Debt to EBITDA	7.00	7.35	7.22	8.47	8.74	10.82	10.62	8.84	8.70	7.74
Long-Term Debt to EBITDA	9.31	9.43	9.43	11.10	11.24	13.03	12.64	10.59	10.48	9.39
Debt to NOPAT	25.02	32.18	32.40	38.32	40.71	47.12	47.66	41.27	39.84	35.64
Net Debt to NOPAT	18.81	25.09	24.82	29.23	31.69	39.11	40.06	34.45	33.05	29.38
Long-Term Debt to NOPAT	25.02	32.18	32.40	38.32	40.71	47.12	47.66	41.27	39.84	35.64
Altman Z-Score	0.35	0.33	0.30	0.28	0.30	0.31	0.32	0.32	0.34	0.35
Noncontrolling Interest Sharing Ratio	14.25%	19.01%	19.55%	18.12%	18.66%	19.35%	20.60%	20.40%	21.03%	20.93%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.10	3.35	3.87	4.28	4.12	4.30	3.76	4.08	4.45	4.79
Quick Ratio	2.86	3.06	3.44	3.69	3.51	3.63	2.37	2.70	2.94	3.28
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	102	68	169	124	141	152	156	116	136	165
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	2.77	1.85	4.64	3.36	3.62	3.74	3.88	2.89	3.10	3.84
Operating Cash Flow to Interest Expense	1.17	1.95	1.59	2.17	0.96	2.52	1.74	1.67	0.91	2.06
Operating Cash Flow Less CapEx to Interest Expense	1.17	1.95	1.59	2.17	0.96	2.52	1.74	1.67	0.91	2.06
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.10
Accounts Receivable Turnover	47.40	37.54	47.94	46.53	42.94	35.44	41.92	54.91	46.28	41.75
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	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	7.70	9.72	7.61	7.85	8.50	10.30	8.71	6.65	7.89	8.74
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	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	7.70	9.72	7.61	7.85	8.50	10.30	8.71	6.65	7.89	8.74
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	7,328	7,317	7,289	7,221	7,209	7,180	7,171	7,129	7,100	7,040
Invested Capital Turnover	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.11	0.11	0.11
Increase / (Decrease) in Invested Capital	-75	-41	-126	-112	-118	-137	-118	-91	-109	-139
Enterprise Value (EV)	4,945	5,048	4,770	4,706	4,822	5,075	4,976	4,945	4,996	4,973
Market Capitalization	1,311	1,236	953	934	982	1,106	1,012	1,006	1,070	1,075
Book Value per Share	$16.30	$16.34	$16.42	$16.15	$15.78	$14.74	$14.74	$14.64	$14.60	$14.44
Tangible Book Value per Share	$15.87	$15.93	$16.03	$15.78	$15.44	$14.42	$14.45	$14.38	$14.35	$14.21
Total Capital	8,262	8,251	8,279	8,191	8,112	7,818	7,749	7,728	7,726	7,686
Total Debt	3,839	3,840	3,841	3,843	3,802	3,803	3,670	3,672	3,674	3,677
Total Long-Term Debt	3,839	3,840	3,841	3,843	3,802	3,803	3,670	3,672	3,674	3,677
Net Debt	2,886	2,994	2,942	2,931	2,959	3,157	3,084	3,065	3,049	3,031
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-151	-117	-118	-108	-103	-105	-107	-105	-96	-102
Debt-free Net Working Capital (DFNWC)	359	332	393	399	367	405	341	367	396	454
Net Working Capital (NWC)	359	332	393	399	367	405	341	367	396	454
Net Nonoperating Expense (NNE)	26	67	35	95	48	286	22	27	31	73
Net Nonoperating Obligations (NNO)	2,905	2,906	2,852	2,873	2,899	3,165	3,093	3,074	3,049	3,031
Total Depreciation and Amortization (D&A)	60	62	59	63	60	69	62	63	61	58
Debt-free, Cash-free Net Working Capital to Revenue	-20.40%	-15.85%	-15.79%	-14.74%	-14.09%	-14.11%	-14.45%	-13.89%	-12.59%	-13.42%
Debt-free Net Working Capital to Revenue	48.45%	44.91%	52.79%	54.55%	49.98%	54.50%	45.84%	48.40%	51.87%	59.91%
Net Working Capital to Revenue	48.45%	44.91%	52.79%	54.55%	49.98%	54.50%	45.84%	48.40%	51.87%	59.91%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.01)	($0.17)	$0.01	($0.22)	($0.04)	($0.95)	$0.05	($0.04)	($0.04)	($0.18)
Adjusted Weighted Average Basic Shares Outstanding	224.86M	221.31M	216.56M	217.00M	217.04M	216.92M	217.11M	217.20M	217.31M	217.24M
Adjusted Diluted Earnings per Share	($0.01)	($0.17)	$0.01	($0.22)	($0.04)	($0.95)	$0.05	($0.04)	($0.04)	($0.18)
Adjusted Weighted Average Diluted Shares Outstanding	224.86M	221.31M	216.62M	217.00M	217.04M	216.92M	217.19M	217.20M	217.31M	217.24M
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	219.82M	216.98M	217.21M	217.31M	217.35M	217.37M	217.33M	217.46M	217.52M	217.53M
Normalized Net Operating Profit after Tax (NOPAT)	75	27	43	12	23	14	38	76	83	25
Normalized NOPAT Margin	39.86%	14.70%	22.83%	7.02%	12.19%	7.46%	20.34%	40.57%	42.35%	13.58%
Pre Tax Income Margin	1.01%	-20.58%	4.56%	-47.64%	-13.11%	-141.02%	9.04%	-1.33%	-1.84%	-25.41%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.17	1.02	1.19	-0.60	0.89	-0.40	0.98	0.86	0.86	0.84
NOPAT to Interest Expense	0.75	0.73	1.18	0.33	0.59	0.35	0.95	0.60	0.60	0.59
EBIT Less CapEx to Interest Expense	1.17	1.02	1.19	-0.60	0.89	-0.40	0.98	0.86	0.86	0.84
NOPAT Less CapEx to Interest Expense	0.75	0.73	1.18	0.33	0.59	0.35	0.95	0.60	0.60	0.59
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	680.70%	-403.32%	-401.13%	-83.99%	-55.21%	-16.52%	-13.32%	-13.47%	-14.32%	-73.93%
Augmented Payout Ratio	797.97%	-627.29%	-643.98%	-141.58%	-87.55%	-17.02%	-13.83%	-13.47%	-14.32%	-73.93%

Frequently Asked Questions About Paramount Group's Financials

When does Paramount Group's financial year end?

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

How has Paramount Group's net income changed over the last 9 years?

Paramount Group's net income appears to be on an upward trend, with a most recent value of -$38.39 million in 2024, falling from $21.14 million in 2015. The previous period was -$371.30 million in 2023.

What is Paramount Group's operating income?

Paramount Group's total operating income in 2024 was $147.38 million, based on the following breakdown:

Total Gross Profit: $757.45 million
Total Operating Expenses: $610.08 million

How has Paramount Group revenue changed over the last 9 years?

Over the last 9 years, Paramount Group's total revenue changed from $662.41 million in 2015 to $757.45 million in 2024, a change of 14.3%.

How much debt does Paramount Group have?

Paramount Group's total liabilities were at $3.86 billion at the end of 2024, a 3.2% decrease from 2023, and a 11.1% increase since 2014.

How much cash does Paramount Group have?

In the past 10 years, Paramount Group's cash and equivalents has ranged from $143.88 million in 2015 to $524.90 million in 2021, and is currently $375.06 million as of their latest financial filing in 2024.

How has Paramount Group's book value per share changed over the last 9 years?

Over the last 9 years, Paramount Group's book value per share changed from 17.73 in 2015 to 14.44 in 2024, a change of -18.6%.

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This page (NYSE:PGRE) was last updated on 4/24/2025 by MarketBeat.com Staff

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Paramount Group (PGRE) Financials

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